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Mukesh Ambani steps down from Reliance Jio, son Akash named Chairman

Mukesh Ambani steps down from Reliance Jio, son Akash named Chairman

🕔17:55, 28.Jun 2022

Mukesh Ambani has resigned as a Director in Reliance Jio Infocomm Limited with the company’s Board on Tuesday approving his elder son Akash Ambani’s appointment as the Chairman. Chennai, June 28 (IANS) Mukesh Ambani has resigned as a Director in Reliance

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Tata Motors to increase CV prices from July 1

Tata Motors to increase CV prices from July 1

🕔17:48, 28.Jun 2022

Chennai, June 28 (IANS) Come July 1, commercial vehicles of Tata Motors Ltd will turn costly as the company announced a price hike on Tuesday. According to Tata Motors from July 1, onwards there will be a price hike of 1.5-2.5

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Cloud technology helping us deliver meaningful experiences to customers: Uni Cards

Cloud technology helping us deliver meaningful experiences to customers: Uni Cards

🕔11:40, 28.Jun 2022

As the Indian fintech industry embraces Cloud-based technologies for the credit cards, buy now, pay later (BNPL) and credit EMIs market to deliver delightful experiences to the customers, Uni Cards with its unique offerings has created a niche space among

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Google invests in Indian fintech startup Progcap

Google invests in Indian fintech startup Progcap

🕔11:31, 28.Jun 2022

New Delhi, June 28 (IANS) Google has invested in Indian startup Progcap that caters to small and medium-sized businesses, as it raised $40 million in its Series C funding round. The funding into Progcap, which serves more than 700,000 small retailers

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Indian Banks to post larger increase in margins: Moody’s

Indian Banks to post larger increase in margins: Moody’s

🕔20:16, 27.Jun 2022

Credit rating agency Moody’s Investors Service on Monday said banks in India, Saudi Arabia and South Africa would post larger increases in margins in FY23. Chennai, June 27 (IANS) Credit rating agency Moody’s Investors Service on Monday said banks in India,

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Nitin Gupta appointed as CBDT chairman

Nitin Gupta appointed as CBDT chairman

🕔20:09, 27.Jun 2022

The government has appointed Nitin Gupta as the chairman of Central Board of Direct Taxes (CBDT). New Delhi, June 27 (IANS) The government has appointed Nitin Gupta as the chairman of Central Board of Direct Taxes (CBDT). “The Appointments Committee of

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Intel offers tech-based solutions to tackle road safety issues in India

Intel offers tech-based solutions to tackle road safety issues in India

🕔18:54, 27.Jun 2022

New Delhi, June 27 (IANS) Intel on Monday partnered with leading technology and transportation providers, vehicle makers, academia, and government to collaborate and bring solutions to address road safety-related challenges. The collaboration, part of the Safety Pioneers Conference that was inaugurated

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Bajaj Auto to buyback shares at Rs 4,600 per share

Bajaj Auto to buyback shares at Rs 4,600 per share

🕔18:53, 27.Jun 2022

The board of Bajaj Auto Ltd on Monday approved the proposal for buyback of fully-paid equity shares from non-promoter shareholders and persons in control of the company from the open market for a price not exceeding Rs 4,600 per share.

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Indian non-banking finance sector’s profit to be stable: Fitch Ratings

Indian non-banking finance sector’s profit to be stable: Fitch Ratings

🕔13:34, 27.Jun 2022

Improving credit growth, decreasing asset-quality risks will be the character of Indian non-banking financial institutions (NBFI) during FY23, said Fitch Ratings on Monday. Chennai, June 27 (IANS) Improving credit growth, decreasing asset-quality risks will be the character of Indian non-banking financial

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Indian Banks to post larger increase in margins: Moody’s

Indian Banks to post larger increase in margins: Moody’s

🕔13:29, 27.Jun 2022

Credit rating agency Moody’s Investors Service on Monday said banks in India, Saudi Arabia and South Africa would post larger increases in margins in FY23. Chennai, June 27 (IANS) Credit rating agency Moody’s Investors Service on Monday said banks in India,

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RBI vision for PPI growth by 150% will be big for Paytm

RBI vision for PPI growth by 150% will be big for Paytm

🕔13:27, 27.Jun 2022

New Delhi, June 27 (IANS) The increase in prepaid payment instruments transactions could lead to higher than expected growth in wallet transactions and revenue for Paytm, says a Goldman Sachs report The Reserve Bank of India (RBI) on June 24 released

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Crypto exchange FTX acquiring stake in BlockFi: Report

Crypto exchange FTX acquiring stake in BlockFi: Report

🕔14:46, 26.Jun 2022

San Francisco, June 26 (IANS) Leading crypto change is reportedly acquiring a stake in the beleaguered crypto lending firm BlockFi, as the crypto industry faces meltdown. According to Wall Street Journal, FTX is currently in discussions with BlockFi regarding the stake

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14K employees participate in Adani Foundation’s blood donation camps

14K employees participate in Adani Foundation’s blood donation camps

🕔14:45, 26.Jun 2022

Ahmedabad, June 26 (IANS) On Adani Group Chairman Gautam Adanis 60th birthday, a record 14,000 Adani employees donated blood at various locations across the country. Every year on Chairman’s birthday, the Adani Foundation organises a voluntary blood donation drive in

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Intel delays $20 bn semiconductor factory over US Chips Act

Intel delays $20 bn semiconductor factory over US Chips Act

🕔18:32, 24.Jun 2022

Intel has reportedly delayed plans to build its $20 billion semiconductor factory in the US over CHIPS Act, a $52 billion funding package for domestic chip manufacturing. San Francisco, June 24 (IANS) Intel has reportedly delayed plans to build its $20

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Go First to operate between Kochi to Abu Dhabi

Go First to operate between Kochi to Abu Dhabi

🕔18:31, 24.Jun 2022

Go First, formerly GoAir, is all set to commence tri-weekly flights from Kochi to Abu Dhabi starting from June 28, airline officials said. Kochi, June 24 (IANS) Go First, formerly GoAir, is all set to commence tri-weekly flights from Kochi to

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Adani family commits Rs 60K crore for charity

Adani family commits Rs 60K crore for charity

🕔10:10, 24.Jun 2022

Ahmedabad, June 24 (IANS) The Adani family has announced its commitment to donate Rs 60,000 crore for a range of social works. This announcement has come to mark the centenary birth anniversary of Shantilal Adani, father of Gautam Adani and Gautam

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Great Eastern Energy Corporation Limited (LSE: GEEC) is pleased to announce that it has executed an amendment to its Petroleum Mining Lease (“PML”)

Great Eastern Energy Corporation Limited (LSE: GEEC) is pleased to announce that it has executed an amendment to its Petroleum Mining Lease (“PML”)

🕔05:12, 24.Jun 2022

New Delhi, June 24: Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, pioneering Indian Coal Bed Methane (“CBM”) Company, is pleased to announce that it has executed an amendment to its Petroleum Mining Lease (“PML”) and will now

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India’s entertainment & media industry to reach Rs 4,30,401 cr by 2026: Report

India’s entertainment & media industry to reach Rs 4,30,401 cr by 2026: Report

🕔15:02, 23.Jun 2022

New Delhi, June 23 (IANS) India’s entertainment and media (E&M) industry is expected to reach Rs 4,30,401 crore by 2026 at 8.8 per cent CAGR, according to a report on Thursday. The PwC’s Global Entertainment and Media Outlook 2022-2026 report has

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Jio-bp to set up EV charging stations in 17 Nexus Malls

Jio-bp to set up EV charging stations in 17 Nexus Malls

🕔10:36, 23.Jun 2022

Chennai, June 23 (IANS) The Reliance BP Mobility Limited owned Jio-bp will set up electric vehicle (EV) charging stations at Nexus malls in different cities. The Reliance BP Mobility is a joint venture between Reliance Industries Limited (RIL) and bp. According

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ITC posts robust growth in revenues & profits surpassing pre-pandemic levels

ITC posts robust growth in revenues & profits surpassing pre-pandemic levels

🕔10:35, 23.Jun 2022

Kolkata, June 23 (IANS) In spite of significant disruptions during the year, ITC posted robust growth in revenues and profits, surpassing pre-pandemic levels. ITC’s consumer-centricity, agility in seizing market opportunities, focus on execution excellence and proactive strategic interventions enabled it to

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