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Forex experts believe the rupee could depreciate in 2020.Forex experts believe the rupee could depreciate in 2020. Stellar fund flows in the form of foreign portfolio investor (FPI) flows and foreign direct investment (FDI)…

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Total expenses shot up to Rs 826 crore in FY19 compared to Rs 492.91 crore in FY18, a rise of 67.59%, the filings showed.Uber India Systems’ total profits increased 63.41% year-on-year to Rs 43.24 crore in the year to March 2019. Revenue…

The IL&FS group has external fund-based debt of over Rs 94,000 crore.A significant portion of the recoverable debt of IL&FS or around Rs 47,000 crore will be recovered only by July 2020 and not by March 2020 as anticipated…

Majority of the demand is being driven by the ongoing marriage season.Our interactions with leading industry channel partners indicate positive demand trends in PVs but weakness in 2Ws, CVs and tractors. However, compared to December’18,…

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Last year, DoT had notified guidelines for conducting 5G trials. (Representational image)To start 5G trials during the January-March quarter, the department of telecommunications (DoT) on Tuesday asked all the concerned companies —…

The guidelines provide that board of directors (BoD) of UCBs with deposit size of Rs 100 crore and above shall constitute BoMs.In an attempt to increase the oversight on urban cooperative banks (UCBs), the Reserve Bank of India on…

Reliance Industries was the top gainer in the Sensex pack, rising up to 0.82 per cent, followed by L&T, IndusInd Bank, Bharti Airtel, Tata Steel and Axis Bank.Equity benchmark BSE Sensexjumped over 150 points in opening session on…

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