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Latest Articles in Companies Markets

Apollo Hospitals Raises Rs 1,170 Cr Through Allotment Of Shares To Qibs

The Fund Raising Committee on Saturday 'approved allotment of 46,59,498 equity shares of face value Rs 5 each to eligible qualified institutional buyers at the issue price of 2,511 per equity share

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Weak Data, Earnings Drag Stocks Lower; Oil Falls

The Dow Jones Industrial Average fell 179.03 points, or 0.57%, to 30,996.98, the S&P 500 lost 11.6 points, or 0.30%, to 3,841.47 and the Nasdaq Composite added 12.15 points, or 0.09%, to 13,543.06.

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UltraTech Cement Reports Over Two-Fold Jump In Q3 Net Profit To Rs 1,584.58 Cr

UltraTech Cement's total expenses were at Rs 10,190.03 crore in the third quarter of financial year 2020-21, as against Rs 9,611.08 crore, down 6.29 per cent.

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Working 5 Days A Week

US leads the way with overtime, with 49% of the population exceeding 40 hours a week, followed by India which is at 44%, Mexico at 40%, and Germany at 38%.

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Tata Power Solar Wins Rs 1,200 Cr Order To Set Up 320 MW Project

India's largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received a 'Letter of Award (LoA)' to build 320 MW of ground mounted Solar PV project for NTPC

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Mahindra Lifespace Developers Posts Rs 11.19 Cr Net Loss In Dec Quarter

Total income declined to Rs 70.19 crore during the October-December quarter of the 2020-21 fiscal from Rs 85 crore in the corresponding period of the previous year

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Indian Farmers To Step Up Protests After Rejecting Offer To Defer Controversial New Laws

Modi's government has said that the laws introduced in September will unshackle farmers from the obligation of selling produce only at regulated wholesale markets.

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IBM Revenue Disappoints As Software Sales Mark Rare Decline

Revenue from its cloud-computing business rose 10% to a record $7.5 billion in the fourth quarter, with IBM saying it is confident of returning to sales growth in 2021 and expected revenue to grow in mid-single digits after the separation.

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Walmart Expands Vaccinations In Boost To US COVID-19 Program

The retailer also said it is positioned to serve “healthcare deserts” - rural areas lacking in healthcare facilities - and will host COVID-19 vaccination events in underserved communities at churches, stadiums and youth centers.

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Morgan Stanley CEO's Annual Pay Rises By Over 20%

Morgan Stanley produced net income of $11 billion, compared with $9 billion a year ago and a return on tangible common equity of 15.2% compared with 13.4% a year ago.

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Reliance Jio Q3 Net Profit Rises 15.5 % To Rs 3,489 Cr

The revenue of the company stood at Rs 22,858 crore in the October-December 2020 period.

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Keep Your Alternative Money Data Safe

Policy makers face the challenge of striking the right balance between promoting the benefits of the expanded use of alternative data while ensuring adequate data protection and attention to consumer privacy across the eco-system.

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JK Tyre's Shares Jump Nearly 20 Pc On Strong Quarterly Result

On BSE, the scrip ended at Rs 136.05, jumping 17.69 per cent over previous close. During the day, it was trading at a 52-week high value of Rs 138.7.

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Indian Trader Group Says Minister Pledges Strict Foreign Investment Rules For E-Commerce

India's e-commerce retail market is seen growing to $200 billion a year by 2026, from $30 billion in 2019, the country's investment promotion agency Invest India estimates.

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RBI Proposes Scale-Based Regulations For Shadow Banks

"Higher risk appetite of NBFCs has contributed to their size, complexity and interconnectedness making some of the entities systemically significant, posing potential threat to financial stability,"

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