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Industry experts claim that businesses in the sector are shifting their manufacturing bases to neighbouring countries due to this high duty.India’s gold imports, which have a bearing on the current account deficit (CAD), fell about 7 per…
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The SPAs were subject to approvals from the Competition Commission of India (CCI), the Reserve Bank of India (RBI), and the Insurance Regulatory and Development Authority of India (Irdai) besides other regulatory approvals and subsequent…
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Ultratech Cement was the top gainer in the Sensex pack, surging 4.37 per cent, followed by Tata Steel, IndusInd Bank, L&T, Reliance Industries, SBI, HDFC, HDFC Bank, Axis Bank, ONGC and ITC.The domestic stock markets closed higher…
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Demand has picked up recently, which has improved visibility of growth in Q4FY20. While overall demand in the country should be better in FY21 (~6% y-o-y), the East should see stronger growth (~10% y-o-y).We met UltraTech Cement’s CFO,…
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The domestic stock market remained weak as 2019 is coming to an end amid muted activity worldwide amid year-end holidays.The equity benchmark Sensex on Tuesday fell over 200 points in the early trade tracking weak global cues as holiday…
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Dalal Street is in for exciting times in 2020, if the government, which is reported to be considering rolling back or rationalising a host of taxation on securities transactions, are finally realised. While challenges from the year gone…
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The Rs. 25-crore project will see the government investing 50% while the rest will be raised by Nafed and FPCs.MahaFPC — the apex body of farmer producer companies in Maharashtra is taking its JV with Nafed — MahaOnion to the next level.…
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The Nifty ended 2019 on a strong note as it gained 12% to close near 12,150 zones, while the Sensex gained 14% to settle above 41,000 levels.The Nifty opened with marginal loss and breached its sequence of making higher highs, higher…
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Global spot prices in 2019 recorded their best year since 2010After an almost steady rise in recent weeks, spot gold price dropped by Rs 81/ten grams on MCX on Wed-nesday.Still, global spot prices in 2019 recorded their best year since…
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 The IPO comprises a fresh issue of up to Rs 400 crore and an offer-for-sale (OFS) of up to Rs 600 crore.Apeejay Surrendra Park Hotels has filed draft papers with markets regulator Sebi for its proposed initial public offering to raise…
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