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Latest Articles in Sector Reports

In Row With Tiffany, LVMH May Find That Most Sales Are Final

Fisch added that LVMH will likely point to a letter from the French government asking that the deal be delayed as a way to break up the deal without requiring the judge declare an MAE.

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Downgrades Indian Banking Outlook To Negative For H2

Ind-Ra maintained a stable outlook for private banks as they are better placed to withstand the challenges presented by the pandemic.

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LSE Picks Euronext As Preferred Bidder For Borsa Italiana

The LSE is selling Borsa as part of regulatory remedies to see through its $27 billion purchase of data provider Refinitiv

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Google Removes Paytm Mobile App From Store Over Policy Violations

Paytm, a pioneer in India's digital payments market, sells everything from digital gold to insurance and also allows for money transfers on a state-backed payments network.

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ADB Vows To Be Developing Asia's Partner For Recovery From Covid-19

ADB will support the efforts of its developing members to secure safe and effective vaccines, and to formulate strategies for equitable delivery.

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Google Removes Select Paytm Applications Citing Policy Violations

It is alleged that the application was allowing customers to play online games, which Google said was facilitating sports betting. Paytm response is awaited

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China's Tencent rebrands WeChat work app ahead of Trump ban

The WeCom mobile app has been gaining popularity in China, where downloads in the first part of September rose 74% from about 690,000 during the first 16 days of August.

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Delhi & State Govt To Identify 200 EV Charging Locations

The development comes after the meeting of the charging infrastructure working group of Delhi government.

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ByteDance Plans Tiktok IPO To Win US Deal As Deadline Looms

ByteDance acquired Shanghai-based video app Musical.ly - whose user base was largely American - for $1 billion in 2017 without seeking CFIUS approval

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Qantas CEO Joyce's Pay Falls 83% Because Of Coronavirus Pandemic

Joyce's total pay was A$1.7 million ($1.24 million) in the financial year, down from A$9.9 million a year earlier, Qantas said in a statement.

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Tesla Wins Case Against Former Employee Accused Of Hacking, Transferring Data

The U.S. district court of Nevada said in its ruling that it will grant Tesla's motions to seal "because compelling reasons support them, and they are unopposed."

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SoftBank Exits Cellphone Distributor Brightstar In Telecoms Sell-Down

SoftBank will sell the money-losing firm to a newly formed subsidiary of private equity firm Brightstar Capital Partners for cash plus a 25% stake in the subsidiary, it said in a statement.

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Apple Store Online Coming To India On September 23

Apple will be providing a trade-in an option which allows customers to exchange their existing iPhone or any other smartphone to get an instant discount on purchasing of new iPhone.

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Kia Sonet Launched In India At Rs 6.71 Lakhs

The deliveries of the Kia Sonet will begin today and bookings will remain open.

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Hindustan Copper Signs Mou With Hindalco For Supply Of Copper Concentrate

Hindustan Copper is the only producer of copper concentrate in India. Under the MoU, about 60 per cent of its copper content will be utilised by Hindalco in for manufacturing refined copper.

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