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Business News

‘Electronic Hardware Demand In India Likely To Reach $400 Billion By 2020’

There is a need to develop a commercially viable research ecosystem funded by the government, industry and academia to promote the next wave of innovations in electronic technology in the country.

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GST: A Painful Transition For The SMEs?

With few days left for the ‘game changing’ law to be implemented in the country, the initial hiccups are bound to take place. However, how steadily the government make this transition for the SMEs easier, will ultimately help the industry reap its real benefits

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Sanjiv Singh Replaces B Ashok As Indian Oil Corporation Chairman

A chemical engineer from IIT-Roorkee with a Diploma in Management, Sanjiv Singh joined IndianOil in 1981. He has served IndianOil for over 35 years, spearheading refinery operations as well as mega greenfield and brownfield projects in refining and petrochemicals

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Arun Jaitley Plays Down Demonetisation Growth Hit

Finance Minister Arun Jaitley played down the impact on economic growth of the government's decision last November to scrap most of the cash in circulation, saying the annual rate of growth was "very reasonable"

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Qualcomm’s Mobile Processor To Power Windows Personal Computers

The PC ecosystem continues to evolve, and this evolution requires new innovations in an ever-increasing mobile computing world.

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Reform Measures To Broaden Tax Base, Cut Debt: Moody's

Reform measures undertaken by India will broaden its tax base and help government cut down on debt, but high stressed assets in the banking sector pose contingent liability risks

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Manufacturing PMI Falls To 3-month Low In May

Manufacturing sector growth in the country moderated to a three-month low in May amid softer rise in new orders and production: Survey

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Ramachandra Guha Resigns As BCCI Administrator

Historian Ramachandra Guha had resigned from the post due to personal reasons

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NHAI Releases Rs 9.8 bn Under Arbitration Scheme, Road Developers Face Hurdles in Providing Guarantees: Ind-Ra

Due to the financial difficulties faced by many developers in the sector, Ind-Ra believes that banks are wary of taking exposure in the form of bank guarantees, without adequate margins/collateral

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Clean Motion India Aiming For Rs 1,000 Crore Topline By 2020

Clean Motion India is currently rolling out 2 vehicles a day and once it achieves localisation scale, it will be able to make 10 vehicles a day by the end of the year.

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