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Latest Articles in Companies Markets

Chinese Phone Maker Honor Partners With Key Chip Suppliers After Huawei Split

Honor's roughly 8,000 staff have moved out of Huawei's offices to a new headquarters also in the southern city of Shenzhen.

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Sensex, Nifty Inch Lower; All Eyes On Reliance Ahead Of Results

The blue-chip NSE Nifty 50 index fell 0.2% to 14,569 and the benchmark S&P BSE Sensex was down 0.2% at 49,528.03 by 0346 GMT.

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NSE Acquires Financial Data Provider Cogencis

Informist Media would exclusively provide news to Cogencis WorkStation for five year to ensure continuity of service to existing customers of the Cogencis WorkStation

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Telcos' Gross Revenue Rise 14 Per Cent To Rs 68,228 Crore In 2020 September Quarter

The total telecom subscriber base in the country during the quarter was 116.86 crore. It was dominated by a mobile subscriber base of 114.85 crore.

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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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Asian Markets Step Back From Stimulus-Driven Record Highs

MSCI's broadest gauge of Asia Pacific stocks outside of Japan was off 0.2% at 722.49 points, a whisker away from its all-time high of 727.31 touched on Thursday.

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Gold Eases As Yields Tick Up, But Set For Best Week In Five

Spot gold fell 0.3% to $1,863.56 per ounce by 0233 GMT, retreating from its highest since Jan. 8 hit on Thursday. For the week, it was up 2% in what would be its biggest weekly gain since the week ended Dec. 18.

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Intel Floats Possibility Of Licensing Deals But Would TSMC And Samsung Be Interested?

Intel is one of the few remaining semiconductor firms that both designs and manufactures its own chips, but the business model has come into question in recent years as the company lost its manufacturing lead to the Taiwanese and Korean companies.

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Stock Marker Daily Updates: 22 Jan 2021

In the coming session, volatility is likely to be high on account of the derivative expiry on next week. However, we expect the index to maintain higher high - low hence trader needs to be cautious at current level.

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AirAsia Group To Raise Up To $112.84 Million Via Private Placement

The proposed private placement, which will represent about 668.4 million AirAsia Group shares, is expected to raise about 454.5 million ringgit ($112.84 million).

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Hero MotoCorp Crosses 100-Million Milestone In Cumulative Production

The company said the six celebration edition models -- Splendor+, Xtreme 160R, Passion Pro, Glamour (motorcycles) and Destini 125, Maestro Edge 110 (scooters) -- will go on sale from February 2021.

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PE Investments In Real Estate Down 40 Pc At USD 4.06 Bn In 2020

The inflows declined to USD 220 million from USD 922 million. PE investment in warehousing decreased to USD 971 million from USD 1,895 million.

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South Africa To Pay $5.25 A Dose For Astrazeneca Vaccine From India's SII

Pillay said the South African government would try to negotiate a lower price if it procured more doses from SII but that it had been told $5.25 a dose was the standard global price for upper-middle-income level countries.

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Diamond Industry Expected To Cap Revenue Loss At 20 Pc; To Clock USD 15 Bn This Fiscal

The Indian polishers start building inventory from the end of the second quarter and into the third to keep up with the sharp sales surge starting November every fiscal with festivals across the globe also coinciding with the Chinese New Year

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Bajaj Auto Q3 net profit accelerates 23 pc to Rs 1,556 crore

The company's overall share in the domestic motorcycle market was 18.6 per cent in Q3 FY21 as against 17.5 per cent in Q2 FY21 and 18.5 per cent in FY20.

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