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Author: businessreputationdata

Business Updates

War worries, high US bond yields keep markets jittery

November 15, 2020By businessreputationdata

FPIs have pulled out Rs 25,000 crore from the cash market in October so far

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Business Updates

India most preferred emerging market: Morgan Stanley

November 14, 2020By businessreputationdata

The BSE Sensex fell 0.35 per cent, or 232 points, to 65,397.62 and the NSE Nifty Index declined by 82 points to 19,542.65.

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Business Updates

India-UK trade pact talks in final stages: Commerce Secy

November 13, 2020By businessreputationdata

Another team from the UK is also in India to negotiate the Bilateral Investment Treaty with officials of the Ministry of Finance that will be signed along with the FTA.

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Business Updates

Google in last ditch effort to overturn $2.6 billion EU antitrust fine

November 13, 2020By businessreputationdata

Alphabet’s Google on Tuesday made a last ditch effort at Europe’s top court to overturn a 2.42 billion euro ($2.6 billion) EU antitrust fine imposed for market abuse related to its shopping service, saying that regulators failed to show that its practices were anti-competitive.

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Business Updates

Need to follow consistent policy, focus on ‘Made in India’: FICCI EV panel chair amid Tesla bid

November 13, 2020By businessreputationdata

FICCI has also proposed to the government to cover small electric cars for incentives under the FAME scheme.

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Business Updates

Growth in private corporate sector sales, profit down in first quarter: RBI study

November 12, 2020By businessreputationdata

The growth rate in net profits of these companies fell by 9 per cent to Rs 1.36 lakh crore in June 2023 from 24.6 per cent (Rs 1.18 lakh crore) in June 2022, according to a Reserve Bank of India (RBI) study on the performance of 2,836 companies (excluding financial companies).

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Business Updates

AirAsia CEO Tony Fernandes gets massage during virtual meeting; faces flak on social media

November 11, 2020By businessreputationdata

Sharing the post on LinkedIn, Fernandes appreciated Indonesia and AirAsia’s culture that allows one to have a massage and do a management meeting simultaneously.

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Business Updates

OYO enters premium resorts, hotels category, launches Palette brand

November 11, 2020By businessreputationdata

Union Cooperation Minister Amit Shah on Tuesday launched the ‘CRCS-Sahara Refund Portal’ to help over 10 crore depositors of Sahara Group to claim their money back in 45 days.

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Business Updates

Union Budget 2024: Need to Catalyse India’s Green Energy Transition

November 11, 2020By businessreputationdata

Budgetary capex will be required for augmenting transmission infrastructure for smart grids to manage intermittent supply. Emerging areas like green hydrogen and offshore wind would need further policy backing to achieve commercial viability.

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Business Updates

Banks say LRS tax a ‘burden’, unlikely to have IT systems ready by October

November 10, 2020By businessreputationdata

The main allegation by the US Federal Trade Commission is expected to be that Amazon leverages its power to reward those online merchants that use its logistics services and punish the ones who don’t, the report said.

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