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Latest Articles in Companies Markets

Nestle Buys Lily's Kitchen To Boost Premium Pet Food

Petcare was Nestle's fastest-growing category with 7.0% organic growth and sales of 13.622 billion Swiss francs ($14.12 billion) in 2019.

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Olectra Greentech Contributes To PM's CARES Fund

Contributes INR 1.7 Million to PM CARES to combat COVID-19; jointly contributed by the company and employees.

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Automobili Lamborghini Starts Production Of Surgical Masks & Medical Shields

The masks will be donated to the Sant’Orsola-Malpighi Hospital in Bologna to be used in the fight against the COVID-19 pandemic.

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Uno Minda Strengthens Partnership With Japan's Toyoda Gosei

Consolidation of TG SIN will result in several synergies like an optimal production system, flexible supply chain, complementary product lines and customer synergies.

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ADB Sells $4.5 Billion Two-Year Global Bonds In Largest-Ever Single Tranche Outing

The issue achieved wide primary market distribution with 41 per cent of the bonds placed in the Americas, 32 per cent in Europe, the Middle East and Africa, and 27 per cent in Asia.

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Hyundai Motor's Sales Plunge By A Fifth In March As Coronavirus Hits Demand, Output

Credit ratings agency Moody's Investors Service said in a report last month it expects global sales for the auto industry to slide 14% this year.

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Wipro, Azim Premji Foundation Commit Rs 1125 Crore To Tackle COVID-19 Crisis

These resources will help enable the dedicated medical and service fraternity in the frontline of the battle against the pandemic and in mitigating its wide-ranging human impact, particularly on the most disadvantaged of our society.

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upGrad Aappoints Ex-Byju's CBO Arjun Mohan As CEO

Prior to Byju’s, Arjun drove Sales and Operations at Titan Industries and did his stints with Tata Motors, Tata Realty And Infrastructure (TRIL) and Sir Dorabji Tata and Allied Trusts

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Gold Rises On Flight To Safety Driven By Pandemic Fears

Spot gold rose 0.8% to $1,582.78 per ounce by 0326 GMT, having slumped 3.1% in the previous session on a strong dollar. U.S. gold futures were unchanged at $1,596.50.

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Asia's Factory Activity Plunges As Coronavirus Shock Deepens

Japan's factory activity contracted at the fastest pace in about a decade in March, adding to views that the world's third-largest economy is likely already in recession.

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Maruti Sales Plunge By 47% In March, FY20 Closes With 16% Fall

The sales during March 2020 are not comparable with sales in March 2019 due to suspension of operations from March 22 in line with national policy, said the company.

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Equities Begin FY21 In The Red As COVID-19 Keeps Traders On Edge

BSE S&P Sensex was down by 782 points or 2.65 per cent to 28,686 while the Nifty 50 edged lower by 206 points or 2.39 per cent at 8,392.

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Sensex, Nifty Edge Lower As Coronavirus Continues To Spread

NSE Nifty 50 index was down 1.74% at 8,448.15 by 0400 GMT and the benchmark S&P BSE Sensex also fell 1.74% to 28,956.45.

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Global Markets: Asian Shares Hold On To Gains But Virus Keeps Markets On Edge

The dollar bounced in Asia, rising 0.28% to 107.86 yen and gaining 0.36% to $1.2375 per British pound as investors adjusted positions before the release of U.S. manufacturing data.

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Softbank Bolsters Investment Team With Ex-Goldman Hire

SoftBank is looking at walking away from a tender offer to employees and shareholders following its bailout of the firm.

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