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Business Updates

Hindalco posts 40% slump in Q1 profit on weaker volumes, metal prices

December 26, 2023By businessreputationdata

Hindalco’s aluminium upstream and downstream businesses experienced 7% and 11% declines in revenue, respectively, while its copper segment reported a 9% growth.

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Companies Info

Personalis

December 25, 2023By businessreputationdata

Personalis is a contract research organization and genome-scale diagnostics services company pioneering genome guided medicine.

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Business Updates

Rupee rises 7 paise to 82.73 against US dollar in early trade

December 25, 2023By businessreputationdata

Foreign Institutional Investors (FIIs) were net buyers in the capital markets on Tuesday as they bought equities worth Rs 61.51 crore, according to exchange data.

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Business Updates

Reliance signs pact with Brookfield for Australia renewable energy venture

December 23, 2023By businessreputationdata

Reliance Industries Ltd said it has signed a pact with Brookfield Asset Management to explore opportunities for setting up factories to manufacture renewable energy and decarbonisation equipment in Australia.

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Companies Info

Stevens Worldwide Van Lines

December 23, 2023By businessreputationdata

Stevens Worldwide Van Lines is a moving and storage company – providing personal/household moving, business moving, and international moving.

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Business Updates

No longer looking at import duties as revenue source in FTA negotiations: Official

December 23, 2023By businessreputationdata

This comes amid internal consultations between the finance ministry and the commerce ministry to assess the impact of the major duty reductions that could be announced as part of the FTAs.

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Companies Info

Analytica

December 22, 2023By businessreputationdata

Analytica assists public sector organizations to identify, leverage, analyze and manage information.

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Companies Info

Energy Solutions Forum

December 22, 2023By businessreputationdata

Energy Solutions Forum provides the energy industry with U.S. energy and environmental policy information to support growth of domestic energy markets.

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Business Updates

Credit card defaults surge sharply in FY22-23; up 30.5% YoY at Rs 4,073 cr

December 22, 2023By businessreputationdata

Bank deposits grew by Rs 11.16 lakh crore to Rs 191.6 lakh crore during the quarter ended June 2023. Of this, time deposits (fixed deposits) showed a growth of just 5.3 per cent to Rs 167.11 lakh crore despite the withdrawal of Rs 2,000 notes and the tax liability on debt funds.

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Business Updates

Federal Reserve may tighten financial rules after US bank failures, says Powell

December 22, 2023By businessreputationdata

Sebi will be finalising a draft discussion paper in a month or two to formulate rules and guidelines to regulate the mushrooming number of unregistered financial influencers or finfluencers who offer investment advisors to the public.

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