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Economy
LIC IPO on course, to be out within FY22: DIPAM
New Delhi: The mega IPO of Life Insurance Corporation of India (LIC) will be out by the end of the current fiscal, a senior Central government official said on Monday.
According to Tuhin Kanta Pandey, Secretary, Department of Investment…
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IPO-bound OYO defies pandemic, set to meet investors’ expectations
New Delhi: As the pandemic ravaged several industries, especially the tourism and travel sector, a few enterprises used the situation to rebuild from scratch, at the cost of making certain painful short-term decisions. IPO-bound Oravel…
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Indian Sellers Collective welcomes CCI’s action against Amazon
New Delhi: Indian Sellers collective, an umbrella body which brings together leading trade associations and representative bodies of sellers across the country, has welcomed the decision of the Competition Commission of India (CCI) to…
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IMF projects 6.6% growth for B’desh
Dhaka: The International Monetary Fund (IMF) has forecasted a 6.6 per cent GDP growth for Bangladesh in the current fiscal year 2021-2022 (July 2021-June 2022).
The projection came after an IMF staff team, led by Rahul Anand, visited…
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Equities sharply down in early trade; Adani Transmission top loser
New Delhi: The 30-scrip Sensitive Index (Sensex) declined sharply during early trade on Monday and one of the top losers was Adani Transmission.
It is important to note here that Indian equity indices declined six out of past seven…
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Day 1 of Myntra’s EORS-15 witnesses 1.6 mn shoppers purchasing 3.5 mn products
Bengaluru: The 15th edition of Myntra's flagship EORS witnessed over 45 per cent growth in site traffic over the previous winter edition, spreading cheer to 1.6 million fashion, beauty and lifestyle shoppers across the country.
The…
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CAIT urges Centre to suspend Amazon’s e-commerce portal immediately
New Delhi: The Confederation of All India Traders on Sunday urged the Centre to take immediate action against e-commerce giant Amazon by asking it to suspend its e-commerce portal.
The traders' body's letter to the Centre comes just two…
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Textile manufacturer Trident’s stock price rises over 400% in 2021
New Delhi: Shares of Trident have witnessed an over 400 per cent return year-to-date in the calendar year 2021.
Founded in 1990 as a home textile manufacturer, the company has now diversified into paper, chemicals, and energy. Started…
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Indian diagnostic business expected to grow 20-25% YoY in FY22: ICRA
New Delhi: A rise in Covid-19 and allied tests due to the pandemic, and specifically during the second wave, is expected to raise the diagnostic sector's revenue growth by 20-25 per cent YoY in FY22, rating agency ICRA said in a report.…
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Omicron scare: Economy needs continued handholding, says PHDCCI
New Delhi: Industry body PHD Chamber of Commerce and Industry (PHDCCI) on Saturday emphasised on the need for the Centre's continuous handholding of the economy to mitigate the uncertainty caused by the looming impact of new Covid variant…
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