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Reliance Brands raises stake in Future101 Design, holding now stands at 17
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 31 (ANI): Reliance Brands Ltd, a subsidiary of Mukesh Ambani-led Reliance Industries, has bought an additional stake of 2.5 per cent in luxury apparel firm Future101 Design to take its share to 17.5 per cent.
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Federal Reserve cuts US' benchmark interest rate to 1.50 pc - 1.75 pc
Updated : 6 years, 8 months ago IST
Washington DC [USA], Oct 31 (Sputnik/ANI): The United States' benchmark interest rate has been cut by 25 basis points to a range of 1.50 per cent to 1.75 per cent, the Federal Reserve said on Wednesday.
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Sensex closes above 40,000 mark, Nifty PSU bank gains 3.7 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 30 (ANI): The last hour of trading at bourses pulled equity indices off the day's high but ended in positive terrain with Sensex closing above 40,000-mark for the first time since July 5.
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Graphite India Q2 net profit falls by 83 pc to Rs 185 crore
Updated : 6 years, 8 months ago IST
Kolkata (West Bengal) [India], Oct 30 (ANI): Graphite India on Wednesday reported 83 per cent fall in its consolidated net profit at Rs 185 crore in the quarter ending September quarter due to lower realisations.
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Petronet LNG Q2 profit up 90 pc on lower tax to Rs 1,089 cr
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 30 (ANI): Petronet LNG Ltd has reported 90 per cent jump in its net profit at Rs 1,089 crore during the July to September quarter compared to Rs 573 crore in the same period of the previous fiscal year.
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Hindustan Zinc reports 15 pc jump in Q2 profit Rs 2,081 crore
Updated : 6 years, 8 months ago IST
Gurugram (Haryana) [India], Oct 29 (ANI): Hindustan Zinc, India's largest and the world's second largest zinc-lead miner, said on Tuesday its profit moved up 14.7 per cent year-on-year at Rs 2,081 crore during July to September from Rs 1,815 crore in the same quarter of last year.
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Developing Asia needs to invest more than 5 pc of GDP over next decade for
Updated : 6 years, 8 months ago IST
Manila [Philippines], Oct 29 (ANI): Developing Asian countries need to invest more than five per cent of their gross domestic product (GDP) over the next decade to be able to meet the infrastructure needs of their fast-growing economies, according to a newly-launched book co-published by the
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Bharti Airtel defers Q2 result till Nov 14, stock drops by 4.5 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 29 (ANI): Telecom major Bharti Airtel on Tuesday deferred its second quarter (July to September) result till November 14 as it seeks clarity on the adjusted gross revenue (AGR) matter arising out of a recent judgement by the Supreme Court.
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Sensex jumps by 433 points, Tata Motors gains by 13 pc while metal stocks
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 29 (ANI): After a subdued beginning, equity benchmark indices witnessed strong gains around noon on Tuesday following positive global sentiment on hopes of a rate cut by the US Federal Reserve.
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Equity indices in the green, Tata Motors jumps by 14 pc
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Oct 29 (ANI): Equity benchmark indices were in the positive zone during early hours on Tuesday after an extended weekend on account of Diwali, tracking a spurt in Asian scrips amid hopes of progress in US-China trade talks.
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Over 75 pc decline in deaths due to LWE violence: MHA
Updated : 6 years, 8 months ago IST
New Delhi [India], Oct 28 (ANI): Deaths and incidents due to Left-wing extremism (LWE) will become negligible in the next four years if the current trend of decrease in such incidents continues, a Central government report suggests.
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GVK to offload 79 pc stake in airport business to raise Rs 7,614 crore
Updated : 6 years, 8 months ago IST
Hyderabad (Telangana) [India], Oct 28 (ANI): The GVK group is offloading 79.1 per cent of equity stake in its airport business to three investors for raising Rs 7,614 crore in a bid to trim the piled up debt.
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