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Latest Articles

Crude Oil Futures Up On Spot Demand

On the Multi Commodity Exchange, crude for delivery in October traded higher by Rs 29, 0.78 per cent, to Rs 3,764 per barrel in 14,529 lots.

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India, Taiwan Lure Foreign Money In September, But Other Asian Markets See Sharp Outflows

South Korea, Indonesia and Thailand recorded outflows of $874 million, $519 million and $379 million, respectively, last month, the exchange data showed.

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U GRO Capital Partners With Bank of Baroda

Speaking on this partnership, Shachindra Nath, Executive Chairman of U GRO Capital said, “We are delighted to sign our first co-origination agreement with Bank of Baroda and value the trust they have reposed in our platform."

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MoneyGram Names Anil Kapur As Head of Asia Pacific and South Asia

Kapur brings more than 28 years of experience in financial services across retail banking, remittances and digital payment sectors.

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India's Thermal Coal Imports To Cross 200 Million Tonnes In FY 2020: Moody's Unit

ICRA said it expects Coal India, which has missed annual production targets over the last few years, to fall short of its 2019-20 production forecast of 660 million tonnes by up to 75 million tonnes.

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IKEA To Face EU Order To Pay Dutch Back Taxes

The European Commission is now racing to wrap up the two-year investigation into the brand owner of IKEA, known for its giant out-of-town budget furniture stores, but the timing may still slip as it weighs the scope of the case

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11,200 Mark Critical As Index Breaks Down Below Key Support Levels On The Back Of Negative Newsflow

In the short run, the current level of 11,200 remains a critical one. This marks the 20 DMA mark, at which the index found support last week.

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Yes Bank In Talks With Microsoft, Other Tech Firms To Sell Up To 15% Stake

The bank's chief executive officer, Ravneet Gill, had said last week that the lender was in talks with private equity firms, strategic investors and family offices to raise additional capital.

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Ashok Leyland Stock Tanks As Co Plans To Suspend Production For Up To 15 Days

The commercial vehicle major on Friday said it will suspend manufacturing at its various plants for up to 15 days this month in order to adjust production to market demand.

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As Softbank's OYO Booms, Some Indian Hotels Cry Foul And Check Out

OYO charges hotels a roughly 20 per cent franchise fee on room revenues when hotels join its network, but some Indian hotel operators say the startup often ends up taking half or more of revenues through fees that were not initially disclosed.

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BPCL Shares Drop Over 3% As Govt Clears Way For Privatisation

The government is mulling selling most of its 53.3 per cent stake in BPCL to a strategic partner.

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HSBC To Cut Up To 10,000 Jobs In Drive To Slash Costs: Report

The plan represents the lender’s most ambitious attempt in years to cut costs, the newspaper said, citing two people briefed on the matter.

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Sensex Opens On A Volatile Note; Yes Bank Rallies 4 Per Cent

Top Sensex losers in early session included IndusInd Bank, Sun Pharma, Hero MotoCorp, L&T, Bajaj Finance, TCS, M&M, Tata Motors and NTPC, shedding up to 2.15 per cent.

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Rupee Slips 21 Paise To 71.09 Vs $ In Early Trade

The rupee opened weak at 71.00 at the interbank forex market and then fell further to 71.09, down 21 paise over its last close.

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Evolving Scenario Of Higher Education In India

Steps such as operational autonomy, flexibility in norms for setting up of private institutions, modifying and implementations of education bill, and access to global curriculum design framework will not encourage the private players but also promote the cause of higher education in India to a whole new level.

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