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Latest Articles in Companies Markets

Gold Falls Rs 233 On Weak Global Prices

Silver prices dropped by Rs 157 to Rs 47,170 per kg from Rs 47,327 per kg in the previous session.

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JFE Engineering Introduces Geothermal Electric Power Generation

JFE Engineering has participated in the construction of a geothermal power plant in the Matsuo-Hachimantai area as an investment company.

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OYO Says Annual Loss Grew Over Six-Fold On China Expansion

SoftBank Group was almost wiped out as it faced losses at its $100 billion Vision Fund, its results last week showed, which came months after its bailout of loss-making startup WeWork.

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Alstom Confirms Talks Underway To Buy Bombardier Transportation

Bombardier has been struggling to contain higher rail costs generated by a few problematic contracts in its nearly $36 billion order backlog.

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Vodafone Idea Says To Pay 25 Billion Rupees In Government Dues

The Indian government last week ordered mobile carriers to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling.

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Global Markets: Asian Shares Near Three-Week Highs On Chinese Support Measures; Japan Skids

Oil futures were mixed with Brent crude flat at $57.32 a barrel and U.S. crude adding 9 cents to $52.14.

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Airtel Pays Rs 10,000 Crore To Govt Towards AGR Dues

Airtel had previously responded to DoT order by offering to pay Rs 10,000 crore by February 20 and the remaining before March 17.

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Gold Holds Near Two-Week High On Uncertainty Over Virus Impact

Spot gold was little changed at $1,582.83 per ounce as of 0453 GMT, having touched its highest since Feb. 3 at $1,584.65 on Friday. U.S. gold futures were steady at $1,585.90.

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General Motors Streamlines Its International Operations

Signs a deal to sell its Thailand manufacturing plant to China's Great Wall Motor Co Ltd.

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General Motors To Wind Down Australia, New Zealand Operations, Sell Thai Plant To Great Wall

China's Great Wall Motor Co Ltd had agreed to buy GM's Thailand car manufacturing plant and an engine factory, a transaction expected to be completed by the end of 2020.

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Sensex Falls 65 Points In Morning Session

The 30-share barometer was trading 65 points, or 0.16 per cent, lower at 41,192.74.

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General Motors To Wind Down Australia, New Zealand Operations, Sell Thailand Plant

China's Great Wall Motor Co had agreed to buy GM's Thailand manufacturing plant, a transaction expected to be completed by the end of 2020.

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Company Proposes To Pay Amount So Assessed In Next Few Days: Vodafone Idea On AGR Dues

This case projects a very disturbing scenario. The companies have violated the order passed by this court in pith and substance. In spite of the dismissal of the review application, they have not deposited any amount so far.

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Altigreen Aims To Create Robust Ecosystem For Evs With Its Unique Biz Model

Altigreen is a home-grown venture floated by Amitabh Saran, Shalendra Gupta, Lasse Moklegaard, and John Bangura, experts in Electric Vehicle (EV) technology and business

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Amazon, Flipkart Challenge New Indian Tax On Online Sellers

The move is part of a broader plan by Prime Minister Narendra Modi's government to increase tax revenues and counter a sharp economic slowdown due to weakening consumer demand.

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