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Business News

Baxter To Acquire Claris Injectables For $625 Million

US-based Baxter International Inc on Thursday entered into a definitive agreement to acquire Claris Injectables, a wholly owned subsidiary of Claris Lifesciences, for approximately $625 million

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Finance Ministry Asks RBI, Banks To Double-check Old Notes Deposit Data

Finance Ministry on Thursday exuded confidence that supply of new currency notes will considerably improve in next 2-3 weeks even as it asked the RBI and banks to "countercheck" the data regarding deposit of now-defunct currency notes to ensure there is no double counting

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Exports Up 2.29% In November; Trade Deficit Hits 2-year High

Exports rose for the third straight month in November, recording a growth of 2.29 per cent, though the trade deficit shot up to about two-year high of $13 billion mainly due to increase in gold imports

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JCB India Diversifies Its Product Portfolio

The company transforms into a full-range infrastructure equipment provider with the launch of excavators in the 22T, 30T, and 37T categories

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Mother Dairy Ranks Number One In Providing Healthy Products

Food and beverage companies in India are falling far short of what they need to do to help fight malnutrition, says ATNF report

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Now, 'Lucky Grahak Yojana' And 'Digi Dhan Yojana' To Spur Digital Payments

To promote digital payments post demonetisation, the government will give daily, weekly and mega cash awards totalling Rs 340 crore for consumers as well as merchants beginning the Christmas Day

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AI And Virtual Reality: Ericsson's 10 Hot Consumer Trends For 2017

Consumers expect artificial intelligence to move from assistants to managers; virtual reality will be indistinguishable from physical reality in only three years

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Sensex Feels Fed Rate Hike Ripple, Slumps 84 Points

A global panic rubbed off on stocks on Thursday as the Sensex dropped 84 points to close at 26,519 trying to figure out the impact of US interest rate hike on India and other emerging markets amid feelers that more are on the cards

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No Reason To Review Independent Director Norms, Says Sebi Chief U K Sinha

With the role of independent directors coming into focus amid the Tata-Mistry row, markets watchdog Sebi's Chairman U K Sinha on Thursday said there were "no compelling" reasons to review the norms regulating such board members

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Demonetisation To Propel Mobility, Security Markets: Galaxy

Industry trends show 2017 will witness increased focus in app security and boost in IT spending due to goods and services tax

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