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Category: Business Updates

Business Updates

No communication from RBI on CEO succession: Kotak Mahindra Bank

December 8, 2023By businessreputationdata

The overall reserves had increased by USD 12.743 billion in the second biggest rise in seven days in recent times to USD 609.022 billion in the previous reporting week.

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Business Updates

Over 4.8 lakh biryanis ordered on Swiggy during new year’s eve

December 7, 2023By businessreputationdata

By the evening, both Swiggy’s food delivery and Instamart services surpassed the highs of the previous year, sources said.

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Business Updates

States, UTs collected Rs 2 lakh crore in FY23 from real estate sector: Report

December 7, 2023By businessreputationdata

The real estate sector is one of the major contributors to revenue of states and UTs, which collected an estimated Rs 2 lakh crore during last fiscal year in various forms, including stamp duties, according to a Naredco-Knight Frank India report.

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Business Updates

Tamil Nadu in $4.4 bln deals with investors such as Tata, Pegatron

December 5, 2023By businessreputationdata

“The Tamil Nadu government will support investors in every way possible,” Chief Minister M. K. Stalin said at the event, adding that it sought to play a major role in India’s growth.

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Business Updates

Boeing expects no ‘meaningful delays’ in aircraft deliveries to India due to 737 MAX-9 problems

December 5, 2023By businessreputationdata

Boeing’s vice president for commercial marketing Darren Hulst added that on its part, Boeing is going to be focussed on quality scrutiny of its aircraft and support the investigation that is underway in the US.

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Business Updates

Fed raises rates to highest level in 16 years; Powell leaves door open to hike in September

December 4, 2023By businessreputationdata

Mahindra & Mahindra’s shares fell over 7 per cent today after the company said it had acquired a 3.53 per cent stake in RBL Bank Ltd.

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Business Updates

In bid to curb hoarding, Centre directs sugar traders, retailers to disclose weekly stocks

December 3, 2023By businessreputationdata

In a statement, the Ministry of Consumer Affairs, Food and Public Distribution said the government has been “successfully maintaining stable retail price of sugar” in the country.

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Business Updates

India to set emission reduction mandates for 4 sectors, to start carbon trading from 2025: Report

December 3, 2023By businessreputationdata

India will set carbon emission reduction targets for four fossil fuel dependent sectors, as the Asian country looks to align its industry with the country’s greenhouse emissions reduction target, two government officials said.

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Business Updates

Signature Global shares jump 19% in debut trade

December 2, 2023By businessreputationdata

Signature Global’s stock made its debut at Rs 445, up 15.58 per cent from the issue price on the BSE. Later, it jumped 17.16 per cent to Rs 451.10.

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Business Updates

Coffee Day Global settles debt issue with IndusInd Bank, NCLAT sets aside insolvency proceedings

December 1, 2023By businessreputationdata

Counsel representing Coffee Day and IndusInd bank on Wednesday informed the Chennai bench of the NCLAT about the settlement and sought permission to withdraw insolvency litigations.

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