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Category: Business Updates

Business Updates

HP Enterprise, VVDN Tech sign pact to produce USD 1 bn worth of servers in 4-5 yrs: Ashwini Vaishnaw

October 15, 2023By businessreputationdata

The Senco IPO comprises a fresh issue of equity shares aggregating up to Rs 270 crore and an offer-for-sale of equity shares to the tune of Rs 135 crore by selling shareholder – SAIF Partners India IV Ltd, the RHP said.

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Business Updates

Tomato prices slashed: NAFED, NCCF to sell at Rs 80/kg from today

October 14, 2023By businessreputationdata

The turbulent period post-2008 saw the Indian financial sector experiencing many crises till about 2020 which created a certain backdrop, he said.

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Business Updates

Rupee falls 2 paise to close at all-time low of 83.12 against US dollar

October 14, 2023By businessreputationdata

Forex traders said rupee is likely to trade with a negative bias on risk aversion in global markets.

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Business Updates

West Asian conflict could trigger ‘dual shock’ to global commodity markets: World Bank

October 12, 2023By businessreputationdata

The World Bank underlined that if the conflict escalates, policymakers in developing countries will need to take steps to manage a potential increase in headline inflation.

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Business Updates

NDTV Q2 net profit falls 57.4% to Rs 5.55 crore impacted by lower revenue and higher expenses

October 10, 2023By businessreputationdata

NDTV’s consolidated revenue from operations was Rs 95.55 crore as against Rs 105.8 crore in the year-ago period.

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Business Updates

In Instagram post, Ratan Tata flags fake interview recommending investments

October 9, 2023By businessreputationdata

In the fake video, Tata addresses Sona Agrawal as his manager.

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Business Updates

Kotak Mahindra Bank shares decline nearly 4% after earnings announcement

October 9, 2023By businessreputationdata

In a regulatory filing on Saturday, ICICI Bank reported a 44 per cent jump in its consolidated net profit for the April-June quarter of 2023-24 to Rs 10,636 crore compared to the year-ago period.

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Business Updates

Disney explores strategic options for India business: report

October 8, 2023By businessreputationdata

Business service exports have become a critical part of India’s economy but the sector has been hit by a slowdown in global demand for software and challenges in big urban centres.

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Business Updates

Parekh announces retirement: ‘Time to hang up boots’

October 8, 2023By businessreputationdata

The BSE Sensex surged 803 points, or 1.26 per cent, to close at an all-time high of 64,718.56. The broader Nifty gained 216.95 points, or 1.14 per cent, to a fresh peak of 19,189.05. During the previous week, Sensex rose by over 1,700 points.

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Business Updates

Infosys slips over 4% after marginal rise in Q2 net profit, revised FY24 revenue guidance

October 7, 2023By businessreputationdata

Shares of IT major Infosys Ltd slumped over 4 per cent on Friday to hit 6-week low after the company posted a marginal rise in its Q2 net profit, and also revised its FY24 revenue guidance.

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