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An announcement by Reserve Bank of India that it will conduct another simultaneous purchase and sale of government bonds lifted stocks in state-run banks. (Photo: File | AP)
Sensex rallies 411.38 points, Nifty soars above 12,200
27 Dec 2019 4:55 PM

Axis Bank was the top gainer on the Nifty 50 index, rising 3.21 per cent, while Yes Bank ended as the top loser.

Airtel mobile broadband services in Karnataka will now be available to customers on its high speed 4G network along with HD quality VOLTE calling, it said in a statement.
Airtel shuts down 3G network in Karnataka, shifts customers to 4G
19 Dec 2019 3:07 PM

Airtel added that it will continue to provide 2G network services in Karnataka to serve the connectivity needs of customers.

SSAB is a highly-specialised global steel company that develops high-strength steels and provides services for better performance and sustainability.
SSAB is crafting a global niche in high strength steel market
06 Dec 2019 10:34 AM

SSAB’s steels and services help to make end products lighter, stronger and more sustainable.

In the north, property prices in Delhi, the National Capital Region (NCR), and Mumbai were forecast to be stagnant in 2020. (Representational Image)
India property market set for modest lift from govt measures: report
22 Nov 2019 11:58 AM

Earlier this month the government approved a 100 billion Indian rupee fund to help clear unfinished building projects.

IT industry veteran T V Mohandas Pai.
IT companies may shed 30,000-40,000 mid-level staff: Pai
18 Nov 2019 5:05 PM

Pai said about 80 pc of those who lose jobs would have employment opportunities in industries in general if they are specialists.

Indian economic growth has steadily slowed to a six-year low of 5.0 per cent in the April-June quarter from an 8.1 per cent peak in the January-March quarter of 2018.
Slowing Indian economy spells tough times ahead for the rupee: report
07 Nov 2019 9:49 AM

A barrage of rate cuts from the RBI this year has done nothing concrete so far to revive a slowing Indian economy.

Sun will be responsible for development, regulatory filings and manufacturing of the drugs, while AstraZeneca will exclusively promote and distribute the products in China, according to a filing here to Indian stock exchanges.
AstraZeneca to distribute Sun Pharma cancer medicines in China
06 Nov 2019 12:47 PM

Shares of Sun Pharma rose as much as 5.4 per cent to a nine-week high after the announcement.

The ease of online shopping will cause financial stress for millions of people, as online retailers increasingly use artificial intelligence (AI) and personalisation to effectively target consumers and prompt them to spend discretionary income that they do not have, the report said.
WHO could identify online shopping as addictive disorder by 2024: Gartner
05 Nov 2019 1:44 PM

By 2023, up to 30 per cent of world news and video content will be authenticated to counter deepfake technology, the report said.

Although the Nikkei/IHS Markit Services Purchasing Managers’ Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.
India's services activity contracts for second straight month in October
05 Nov 2019 12:56 PM

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

Burger King India Ltd plans to have 325 stores by December 31, 2020, up from 202 as of June. McDonald’s had 470 at last count, according to data by consulting firm Technopak Advisors. (Photo: AP)
Burger King India looks to raise Rs 400 crore from IPO
05 Nov 2019 1:54 AM

In the year ended March 2019, Burger King India’s revenue from operations had risen 67 per cent to Rs 633 crore ($89.4 million).

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