Economy

New Delhi:  Larsen & Toubro Limited as the promoter will own 68.73 per cent stake in the combined entity created by the merger of Mindtree and L&T Infotech (LTI). Mindtree, a leading digital transformation partner with market cap…
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New Delhi: Decks have been cleared for a gas-based power plant at Hope Town in Andaman & Nicobar Islands to provide clean energy, a development that has needed tweaks in two of the related regulations by the Ministry of Environment,…
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New Delhi : Reliance Industries' annual consolidated revenue for FY22 stood at Rs 792,756 crore ($104.6 billion), up 47 per cent year on year. The company's annual profit after tax neared the $10 billion mark, as it stood at Rs 67,845…
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Kochi : Several leading travel company CEOs from Kerala and abroad said on Friday that ethical tourism is set to define post-Covid travel, necessitating all stakeholders to provide customised services to the visitors which sustain nature…
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New Delhi : Life Insurance Corporation of India's initial public offering saw full subscription of its retail segment in the early hours of the third day of bidding on Friday. The issue opened for subscription on Wednesday, and continues…
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New Delhi : Axis Mutual Fund said on Friday that it has been conducting a suo moto investigation over the last two months since February. The remarks came after it was revealed that SEBI is examining whether fund managers at Axis Mutual…
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New Delhi : Coal Minister Pralhad Joshi on Friday said that with the target to minimise the import of thermal coal, Coal India Ltd is going to offer its 20 closed/discontinued underground mines to private players on a revenue sharing…
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New Delhi : India's market regulator, SEBI is examining whether fund managers at Axis Mutual Fund engaged in "front-running" or trading securities through their personal accounts ahead of the fund's transactions, multiple reports said.…
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New Delhi : Minister for Ports, Shipping Sarbananda Sonowal on Friday said that the Ministry has identified a total of 567 projects under convergence mode with an estimated cost of Rs 58,700 crore. Addressing the media after the meeting…
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New Delhi : Continuing with the opening session losses, Indian equity benchmarks settled sharply lower on Friday, in line with the weakness in global markets. Asian stocks fell over concerns that the US central bank and some other major…
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