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Reliance Industries reclaims most valued company status in m-cap, replaces TCS

Reliance Industries Ltd. (RIL) on Tuesday regained its status as the country’s most valued firm by market capitalisation (m-cap), replacing Tata Group’s Tata Consultancy Services (TCS) from the top slot. During afternoon trade on BSE, the market valuation of RIL…
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IBA, bank unions meet over wage hike inconclusive

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Meet India’s ‘best bank’: The Indian Bank

Early last year, officials from a Mumbai-headquartered conglomerate, weighed down by its massive debt, sent a top finance executive to Chennai, to work out a big-ticket loan from Indian Bank. The bank weighed the proposal of the highly leveraged company,…
Business

Disney-Fox Megadeal Gets Shareholder Approval

The USD 71.3 billion deal will give Disney prized assets being sold by Rupert Murdoch’s group, which include the Fox studios in Hollywood and important film and television production operations. PTI Updated:July 27, 2018, 11:04 PM IST The main gate…
Business

Hyundai to increase production capacity

Hyundai Motor India Ltd., the country’s second largest car manufacturer, announced that it would increase production capacity by 37,000 units during 2019, said a top official. “Currently, we are running at almost 100% capacity,” said K.M. Koo, managing director and…
Business

Railway passengers to get SMS alert 20 minutes before their destination arrives

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gdp: India to hold top spot for economic growth but oil poses risk: Poll

BENGALURU: India will remain the fastest-growing major economy this year supported by increased government spending ahead of next year’s general election, but rising oil prices pose the biggest downside risk, a Reuters poll of economists showed. The over $2 trillion…
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Road Developers to Post 20% Topline Growth Till FY20: Report

Mumbai: Road construction companies are set to clock a 20 per cent annual revenue growth till 2020, on the back of investments worth Rs 70,000 crore into HAM projects, including Rs 15,000 crore of equity, a report said. “Buoyancy in…
Business

On the bubble – The Hindu

I thought we were done with the startup bubble in India. I thought the age where every Tom, Dick, and Harry would consider themselves entrepreneurs and start something up was behind us. I thought whoever is starting up these days,…
Business

GST rate cut on 100 items: Here is the full list

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