Business

Nifty is now clearly moving away from the gravitational pull of the bears, says an expert.

The domestic stock markets started Friday's trading session in the green. The S-P BSE Sensex opened at 34,743.95 as compared to its previous close of 34,431.97. The Nifty index of the National Stock Exchange (NSE) started at 10,441.70, against its last

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Activist investor Carl Icahn sued Dell Technologies on Thursday, alleging that the computer maker did not disclose financial information related to its plans to go public by buying back its tracking stock.

Mr Icahn, who owns 9.3 per cent of Dell, called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the

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Fixed income instruments are ideal for risk-averse investors, say experts.

Diwali is considered to be the most auspicious time for making money. People invest, buy properties, trade in equities and engage in financial transactions around Diwali. For people who are aggressive investors, investment in equities is a top bet. However, for risk-averse

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Apple sales were flat in the fourth quarter in India, CEO Tim Cook said.

Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign exchange costs. The disappointing forecast by the world's most valuable

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Snapdeal has come up with a three-day Diwali Sale offer starting November 2, the e-commerce firm said in a statement on Thursday. As a part of the Diwali sale, Snapdeal said it has launched "Dhanteras Store", to offer a range of products such as gold and silver coins, jewellery from TBZ and Bluestone, and gold- and silver-plated gifts, it further

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Banks keep on revising their FD interest rates from time to time.

Fixed deposits (FDs) are secure financial instruments that offer guaranteed returns. In a fixed deposit account, money is deposited for a specific time. Most banks today offer a maturity period ranging from seven days to 10 years for fixed deposits. Money deposited in a savings

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INR Vs USD: Higher opening in equity markets also supported the rupee, said traders.

MUMBAI: The rupee appreciated 31 paise to 73.14 against the dollar at the interbank foreign exchange Friday after crude prices fell to seven-month lows in the global market amid fresh foreign fund inflows.

The rise was also supported by dollar-selling by exporters

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Fair trade regulator CCI has said it is looking into a couple of cases of alleged price fixing

New Delhi: 

The Competition Commission of India (CCI) or is looking at algorithms used by airlines to determine fares, as part of a detailed probe into alleged fixing of air ticket prices, according to the fair trade regulator's chairperson Sudhir

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Bajaj Firserv have many options which allow you to buy consumer products on loans.

Diwali fervor is in full swing and companies are leaving no stone unturned to garner maximum number of customers. Zero per cent interest, discount, and cashback offers are galore.  Diwali offers are available on a range of consumer products like electrical

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Amrapali Group has failed to hand over possession of flats to around 42,000 homebuyers

A detailed project report on the 16 stalled projects of real estate major Amrapali group will be submitted to the Supreme Court next week, National Buildings Construction Company (NBCC) said on Thursday. The matter relates

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Mumbai: 

The rupee rallied by 50 paise to close at 73.45 against the dollar on Thursday, posting its biggest single-session spurt in three weeks. Selling of the US currency by exporters, softening of crude oil prices and upbeat economic numbers pushed the rupee higher. Easing of concerns over the rift between the government and the Reserve Bank of

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Sovereign gold, however, held unchanged at Rs 24,900 per piece of 8 grams.

Gold prices jumped by Rs 130 to Rs 32,780 per 10 grams at the bullion market on Thursday on persistent buying by local jewellers to meet festive season demand amid a firm trend overseas, reported news agency Press Trust of India. Silver, however, remained subdued and lost

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NBCC has said it can complete the projects within 36 months at a construction cost of Rs 8,500 crore

New Delhi: 

State-owned NBCC on Thursday said it will submit a detailed project report (DPR) of Amrapali Group's 16 stalled projects to the Supreme Court next week and is mulling developing similar projects of other real estate firms.

In September,

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State-owned refiner Hindustan Petroleum Corp Ltd posted a 37.1 per cent fall in second-quarter profit on Thursday, dented by rising costs amid higher raw material and forex expenses.

Net profit came in at Rs 1,092 crore ($148.62 million) in the quarter ended September 30, compared with Rs 1,735 crore a year earlier, HPCL said.

Analysts had on an

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Currently, Jio and Bharti Airtel have a slew of prepaid recharge plans.

Amid high competition, telecom companies have time and again announced new offers and packs in order to increase their customer base. Competition in the telecom industry has picked up since the launch of billionaire Mukesh Ambani-owned Reliance Jio in September 2016. Currently,

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The rupee has depreciated around 15% against the dollar so far this year

The rupee moved 50 paise higher against the dollar to close at 73.45 on Thursday. That marked its biggest single-day jump since October 12, when the currency had risen by 55 paise. Selling of the greenback by exporters amid easing crude

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Western Railway will run 23 special trains till the end the of this year.

Ahead of Diwali, Western Railway, an arm of the Indian Railways, has announced the commencement of new special trains to cater to excess demand. Western Railway will run 23 special trains till the end the of this year, it said on microblogging website - Twitter. Earlier this

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Under the new offer, BSNL is providing extra talk time value on select recharge packs.

BSNL or Bharat Sanchar Nigam Limited has announced up to 8.8 per cent of additional talk-time on four recharge packs priced at Rs 80, Rs 180, Rs 410 and Rs 510. The announcement of additional talk-time from BSNL comes days ahead of the Diwali festival. Among the f

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NBCC has said it can complete the projects within 36 months at a construction cost of Rs 8,500 crore

New Delhi: 

State-owned NBCC on Thursday said it will submit a detailed project report (DPR) of Amrapali Group's 16 stalled projects to the Supreme Court next week and is mulling developing similar projects of other real estate firms.

In September,

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HDFC said its net profit stood at Rs 2,467.08 crore in the quarter ended September 30, 2018

HDFC or Housing Development Finance Corporation on Thursday reported a 24.7 per cent increase in net profit in the July-September period. Net profit stood at Rs 2,467.08 crore in the quarter ended September 30, 2018, the company said in a regulatory filing

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Government is likely to announce new steps to support small and medium-sized businesses, such as increased access to credit and financial markets, at an industry event on November 2, the finance ministry said in a tweet.

Prime Minister Narendra Modi will launch a programme to support the businesses in New Delhi on Friday, the finance ministry said.

G

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India is Iran's top oil client after China and hopes to get a waiver on US sanctions.

NEW DELHI: 

State-run refiner Hindustan Petroleum said it may resume buying Iranian oil if Delhi secures a waiver from US sanctions, its chairman M K Surana said on Thursday. India is Iran's top oil client after China and hopes to get a waiver on US sanctions

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Sebi has passed this new order when a long-running legal dispute is going on in the SC.

In a fresh crackdown on Saharas, regulator Sebi has found another group firm to have raised over Rs 14,000 crore in violation of rules and has ordered the company and its then directors including Subrata Roy to refund the money with 15 per cent annual interest. 

T

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Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1 lakh crore mark in October, Finance Minister Arun Jaitley said on Thursday. This was a marked improvement over the September GST collection (for August) which stood at Rs 94,442 crore.

Jaitley attributed the rise in the tax mop-up to lower tax rates and higher compliance.

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The government had delayed imposing the tax until September 18 and then again until November 2

Mumbai: 

The government has delayed the implementation of higher tariffs on some goods imported from the United States to December 17, according to an official order that put off for a third time retaliatory action against US import tariffs on steel and

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Days ahead of Diwali, Reliance Jio has announced a limited-period sale of its 4G-enabled device JioPhone 2. The festive sale of JioPhone 2 - which is an upgraded version of JioPhone - will open from 12:00 pm on November 5 to November 12, 2018, according to the telecom company's website - jio.com. The festive sale of JioPhone 2 comes after several

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Top Court asked Amrapali Group to disclose the details of luxury cars owned by it.

A top executive of the beleaguered Amrapali group has to furnish by Thursday details of the benefits he received from the firm, after the Supreme Court was told that he got a luxury car worth Rs 43 lakh. A total of Rs 2 crore

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With effect from October 31, SBI has halved the withdrawal limit on SBI Classic debit card.

State Bank of India (SBI), the largest lender of the country, has ushered in a lot of changes that its customers should know about. With effect from October 31, SBI has revised withdrawal limits on two of its popular debit cards. Separately, the lender has

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Sensex closed 10 points lower at 34,431 while Nifty settled at 10,380, down 6 points from previous close.

Domestic stock markets finished a choppy session on Thursday largely unchanged, despite easing of concerns about the central bank's autonomy and strong global cues. The Sensex closed 10 points lower at 34,431 while the Nifty settled at 10,380,

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INR Vs USD: The recent life-time low for the rupee was 74.485 per dollar on October 11.

The rupee rose marginally by 11 paise to 73.84 against the dollar in early trade on Thursday, reported news agency Press Trust of India (PTI). The dollar's weakness against some currencies overseas supported the rupee's

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