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Business News

Eveready Industries Q4 Net Profit Up 12% At Rs 10 Cr

Total income during the quarter under review stood at Rs 320.95 crore, as against Rs 300.57 crore in the year ago period

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Global Personal Luxury Goods Market Expected To Grow By 2-4 % In 2017

Management Consultancy firm Bain & Company’s Spring luxury update highlights five key topics of focus for the personal luxury goods market over the next year

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Chinese Investors Looking For Health, Wealth & Happiness In India

India has the most interesting consumption story & an attractive healthcare market with rising demands. Can international trade & commerce grow in terms of investments & innovation if the bigger tussles are not solved between India and China?

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Sensex, Nifty Hit New Highs; Healthcare Stocks Rebound

The BSE Sensex gained over 50 points to end at a new peak of 31,159.40, while the broader Nifty spurted almost 20 points to finish at 9,624.55.

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Norms To Protect Customer In Fraudulent Transaction Soon: RBI

Reserve Bank will soon come out with final guidelines on customer protection which would limit customers liability in case of unauthorised electronic banking transactions

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Mahindra & Mahindra Q4 PAT Up 26.3% At Rs 874 Crore

For Q4 FY2017, the auto industry was quick to recover from the impact of demonetisation. Most segments of the industry showed resilience after a dip in Q3 FY2017.

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Ashok Leyland Tweaks Technology To Be BS-VI Ready

Ashok Leyland is developing its own technology for meeting the BS-VI emmission norms to come into force from 2020

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Adani Australia Signs Royalty Payments Agreement With Government

The royalties’ agreement means the project is back on track to generate 10,000 direct and indirect jobs in regional Queensland, added the company.

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Indian Economy Rides On Consumer Spending Revival Ahead Of GST Launch

The prospect of another big reform - the launch of a multi-rate Goods and Services Tax (GST) from July 1 - could also be bringing forward spending into the current quarter as shoppers look to avoid rates of 28 per cent, or higher, on some consumer durables and luxury items

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New Coal Linkage Policy ‘Shakti’ Will Benefit Domestic Power Generators

The new coal linkage policy 'Shakti' approved by the government last week, to bring in a transparent bidding-based mechanism for allocating fresh coal linkages, is seen as a positive development for domestic thermal power producers

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