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Category: Business Updates

Business Updates

Markets take a breather after record-breaking rally; Nifty hits fresh peak

December 21, 2023By businessreputationdata

During the day, the rupee touched a high of 82.05 and a low of 82.25 against the greenback

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Business Updates

Four-five semiconductor firms exploring India packaging plant: MoS IT

December 21, 2023By businessreputationdata

Other than this, two more startups, involved in semiconductor design, will participate in the SemiconIndia futureDESIGN DLI scheme.

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Business Updates

Mercedes-Benz India to extend its EV charging network to customers of other brands

December 20, 2023By businessreputationdata

Mercedes-Benz India announced the extension of its electric vehicle charging network to the customers of other brands as it looks to accelerate faster adoption of electric vehicles in the country.

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Business Updates

Hindustan Unilever Q2 net profit falls marginally to Rs 2,657 crore

December 20, 2023By businessreputationdata

The company had posted a consolidated net profit of Rs 2,670 crore in the same quarter last fiscal, Hindustan Unilever Ltd (HUL) said in a regulatory filing.

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Business Updates

RBI asks Bank of Baroda to suspend new customer onboarding on its mobile app

December 18, 2023By businessreputationdata

Responding to the RBI’s directions, the state-owned lender said it has already carried out corrective measures to address the concerns of the central bank, and has initiated further steps to plug any remaining gaps.

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Business Updates

GST evasion of Rs 1.36 lakh crore detected so far in FY24: DGGI

December 18, 2023By businessreputationdata

The DGGI statement comes as several tax notices have been sent to companies under GST.

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Business Updates

FPIs sell 35,000 crore in domestic shares over last 2 months

December 18, 2023By businessreputationdata

September was the first month in the current fiscal when FPIs sold domestic shares.

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Business Updates

Govt proposes repealing Indian Stamp Act, seeks public input on draft Bill

December 17, 2023By businessreputationdata

Stamp duties are levied by the central government, but within the states are collected and appropriated by the concerned states in terms of provisions of Article 268 of the Constitution.

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Business Updates

Finance Ministry to hold key meet on trade payment issues on Feb 5

December 17, 2023By businessreputationdata

“The RBI and the government interact with all stakeholders to facilitate resolution of vexatious issues. Subject to usual compliance requirements banks extend trade finance to all eligible traders,” the official added.

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Business Updates

Use Your Credit Score to Achieve Your Financial Goals in India

December 16, 2023By businessreputationdata

Your financial goals, whether it’s buying a home, starting a business, or pursuing higher education, often rely on your ability to secure loans and credit. In India, your creditworthiness is evaluated primarily through your credit score.

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