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Business News

Sensex Slumps 210 Points On Profit-booking, Weak Global Cues

The Sensex fell over 210 points in early trade on Wednesday due to profit-booking by investors after recent gains amid weak cues from Asian market

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Apple Boss Cook To Tap Indian Software Talent During Maiden Visit

Tim Cook is making his Indian debut just as the country emerges as one of the last large growth markets in the smartphone world, while sales in the United States and China begin to taper off

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Aequs Partners AMS To Make Aerospace Products In India

Aequs Aerospace has entered into an agreement with All Metal Services Limited, a subsidiary of Reliance Steel and Aluminum Company, to manufacture aerospace materials and applications in Belgaum

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TCS Helps 100,000 Employers Sign-up For Pension Scheme In UK

Leading Indian tech-giant Tata Consultancy Services has announced that its UK client, the National Employment Savings Trust, has signed up more than 100,000 employers to its auto-enrollment pension scheme

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PM Modi Iran Visit Looks At Doubling Oil Imports, Chabahar Port Deal

Prime Minister Narendra Modi will be on a two-day visit to Iran beginning May 22, 2016 as India looks at stepping up engagement with the sanctions-free energy-rich nation

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One SBI: After 5 Years, Associate Banks Propose Merger With Parent

After over five years of hiatus, associate banks of SBI including State Bank of Bikaner and Jaipur have proposed to merger with the parent lender

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RBI To Keep Reviewing Banks' Asset Quality, Says Deputy Governor Gandhi

The central bank will keep reviewing the asset quality at commercial lenders this financial year, Deputy Governor R Gandhi said on Tuesday, as part of 'a continuous process' intended to avoid an increase of distressed debt in the sector

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Motorola Launches Moto G4, Moto G4 Plus

The Moto G4 Plus costs Rs. 13,499 for a 2GB RAM/ 16GB storage version and Rs. 14,999 for a 3GB RAM/ 32GB storage variant

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Syndicate Bank Posts Fourth Quarter Net Loss Of Rs 2,158 Crore

State-run Syndicate Bank Ltd reported a fourth-quarter net loss of Rs 2,158 crore on sharply higher provisions and also due to a one-off charge on what the bank called a major fraud in three of its branches

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Sensex Rises For 2nd Day As BJP Holds The Aces In Assam

Equities jumped for a second straight session as the Sensex rose 120 points to 25,773.61 after investors raised their exposure following exit polls that showed BJP coming to power in Assam for the first time

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