Business

Mukesh Ambani leads Reliance Jio which has gone from zero to more than 200 million subscribers since 2016

Within two years, India's richest person turned the local mobile-phone market into the world's biggest consumer of wireless data. But along the way, billionaire Mukesh Ambani laid waste to profits in the overcrowded industry by driving down

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In August, Walmart posted its best quarterly U.S. sales growth in a decade.

Walmart Inc lowered its earnings forecast for the year on Tuesday to include the impact from its acquisition of Indian e-commerce company Flipkart, and said its e-commerce growth next year will be slower than the current fiscal year.

In May, Walmart acquired Flipkart for $16

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This is the second lawsuit filed by ITServe against USCIS.

WASHINGTON: An IT advocacy group representing more than 1,000 small IT companies mostly run by Indian-Americans has filed a lawsuit against the US immigration agency for issuing H-1B visas for shorter than three years durations. The H1B visa is a non-immigrant visa that allows US companies

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Railways ticket cancellation rules: No refund is granted on cancellation of confirmed Tatkal tickets.

IRCTC (Indian Railway Catering and Tourism Corporation),  which handles the catering, tourism and online ticketing operations of the Indian Railways, also offers the option of ticket cancellation. Once cancellation is confirmed, the refund is

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The rate of GPF is in line with that for Public Provident Fund.

The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter. 

The rate is in line with that for Public Provident Fund. The interest rate on GPF was 7.6 per cent for

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Paul Allen's fortune amounted to some $21.7 billion, according to Forbes magazine.

WASHINGTON: Paul Allen, who 43 years ago along with Bill Gates founded Microsoft, the company that revolutionised the software world and personal computers forever, has died, his family announced. He was 65. In a statement, Allen's relatives said that the businessman

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General Provident Fund (GPF) interest rate has been fixed at 8% for the quarter ending December 2018.

Ahead of Diwali and during the ongoing Dussehra period, the latest revision in interest rates of saving schemes has cheered small savers. The government, on Tuesday, announced a hike in the interest rate of General Provident Fund (GPF) for the

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Infosys Q2 Result: The company's revenues grew 7.1% on a year-on-year basis.

IT major Infosys reported its net profit for the period between July-September at Rs 4,110 crore, up 13.8 per cent as compared to the last quarter that ended June. The second quarter net profit grew 10.3 per cent over the Rs 3,726 crore posted in the corresponding period

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Once fully operational, the 59-km line (Majlis Park-Shiv Vihar) will be the longest on the network.

 Delhi Metro's Pink Line section connecting Shiv Vihar and Trilokpuri in east Delhi is likely to open soon.

"The Commissioner for Metro Rail Safety will inspect the 17.86 km-long Shiv Vihar-Trilokpuri Sanjay Lake Metro section" on Saturday, the Delhi

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Vodafone is also offering a 5 per cent cashback on unlimited prepaid recharge plans.

At the onset of festive season, telecom operators are offering discounts and cashbacks on both prepaid and postpaid plans. Vodafone India is offering a 10 per cent cashback on prepaid recharge plans when done via mobile wallet Paytm and 5 per cent cashback on

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Sensex, Nifty today: Twenty one out of 30 Sensex stocks finished the session in the green.

The domestic stock markets closed on a higher note on Tuesday, amid optimism on quarterly earnings from heavyweights and recovery in the rupee. The S-P BSE Sensex advanced 297.38 points or 0.85 per cent to end at 35,162.48. The Nifty50 index of the N

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The booking period of GoAir's offer ends on October 16, 2018.

GoAir is offering domestic flight tickets at a starting all-inclusive price of Rs 1,099, noted the airline on its official website- goair.in. The booking period of the offer ends on October 16, 2018. The travel period of the offer is different for diverse routes, the carrier added. For

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The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19.

Ahead of Diwali, the government raised interest rates on General Provident Fund (GPF) and other related schemes by 0.4 per cent to 8 per cent. The revised rates would be applicable from October 1, 2018 to December 31, 2018, Department of Economic Affairs' said in a

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Gold, silver prices today: Sovereign gold remained steady at Rs 24,700 per piece of 8 gram.

Gold prices fell by Rs 70 to Rs 32,180 per 10 gram at the bullion market on Tuesday owing to slackened demand from local jewellers amid a weak trend overseas, reported news agency Press Trust of India (PTI). Silver rates also followed suit and eased by Rs 50

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SBI also offers certain accounts where average monthly balance rule is not applicable

State Bank of India (SBI), country's largest lender, offers a wide range of services under its personal banking portfolio. From internet banking facility to investment schemes, the lender provides a variety of options for customer's requirements. "Whatever your

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In the national capital, petrol was sold at Rs 82.83 per litre on Tuesday.

All petrol and CNG (Compressed Natural Gas) pumps in the national capital will remain closed on October 22 as Delhi Petrol Dealers Association (DPDA) has decided to go on a strike. The strike has been called in protest against the Delhi government's refusal to cut VAT (Value

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Consumers, including India, have expressed concerns on outlook for oil supply, said Mr Barkindo.

NEW DELHI: India's oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40 per cent of the overall increase in global demand during the period, OPEC's secretary general said on Tuesday. "India is projected to

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Infrastructure Leasing - Financial Services Ltd (IL-FS) said the country's appellate company law tribunal has passed an interim order granting a moratorium on all creditor actions against the company and its units, providing some relief to the debt-laden firm.

The move will preserve the value of the group's assets and also help the new

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Digital payments are projected to grow five-fold to about $1 trillion by 2023.

The Reserve Bank of India on Tuesday laid out guidelines that would allow for seamless payments between different mobile wallets, in a move that could further boost the use of digital payments in the country.

Mobile wallets such as the one run by SoftBank and

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NEW DELHI: Insurers are not offering coverage policies for storage of Iranian oil, an Indian Oil Corp Ltd official said, owing to impending US sanctions on import of crude from Iran, which are expected to kick in on November 4.

(Also Read: How Donald Trump Is Rerouting the World's Oil Tankers - Report)

"Insurance companies are providing for asset

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INR Vs USD: The domestic currency fell after crude prices rose amid intensifying geopolitical tensions.

Snapping its three-session gaining streak, the rupee closed 26 paise lower at 73.83 against the US dollar on Monday, reported news agency Press Trust of India (PTI). The domestic currency fell after crude

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Sandeep Bakhshi joined the ICICI group in 1986.

Adopting a seemingly cautious approach, the Reserve Bank has approved appointment of Sandeep Bakhshi as ICICI Bank's Managing Director and Chief Executive Officer for three years as against a five-year term sought by the lender.

 ICICI Bank Tuesday informed the stock exchanges that the Reserve Bank of

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Bank fixed deposits or FDs are fixed-income instruments with fixed rate of return.

Bank fixed deposits or FDs are fixed-income instruments which guarantee a fixed rate of return on investments. Bank fixed deposits should not be confused with corporate fixed deposits, the returns on which depend on a company's performance. Leading banks like State

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The hike will guarantee an additional 2% in dearness allowance to state employees.

Odisha has cleared a hike in the dearness allowance (DA) of state government employees, according to an official statement, stated a report by news agency Indo-Asian News Service on Monday. The hike will guarantee an additional 2 per cent in DA to the state

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Revenue from operations rose 8.6 per cent to 90.91 billion rupees.

Hero MotoCorp Ltd, the world's largest two-wheeler maker, posted a 3.4 percent drop in quarterly profit on Tuesday, hurt by higher expenses amid a depreciating rupee.

Profit after tax fell to 9.76 billion rupees ($132.86 million) in the three months ended Sept. 30, compared with

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INR Vs USD: Dealers attributed rupee's fall to dollar's strength against some other currencies.

MUMBAI: The rupee weakened by 9 paise to 73.92 against the US dollar in early trade Tuesday on increased demand for the American currency from banks and importers.

At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost

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Gold, silver prices: Gold prices had shed Rs 70 on Saturday.

Gold prices surged by Rs 200 to Rs 32,250 per 10 grams at the bullion market on Monday, reported news agency Press Trust of India (PTI). Gold rates rose due to a firm trend overseas as Asian stocks eased due to concerns about a potential decline in China's economic growth amid an ongoing

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INR Vs USD: The rupee had lost 26 paise to close at 73.83 Monday.

The rupee climbed 35 paise to end at nearly two-week high of 73.48 per dollar Tuesday amid softening crude oil prices and easing concerns over the trade deficit. Traders said foreign fund inflows and greenback weakening against other currencies were the other factors that provided

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Stock Market on Tuesday: Thirty seven out of 50 Nifty stocks traded with gains.

The stock markets started Tuesday's trading session on a firm note after the trade deficit for September hit a five-month low. The S-P BSE Sensex opened at 35,004.33, and the Nifty50 index of the National Stock Exchange (NSE) at 10,550.15. At 9:36 am, the 30-share

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India has been under pressure as crude oil prices have surged and rupee has lost value.

NEW DELHI: Prime Minister Narendra Modi urged global oil suppliers on Monday to review payment terms in order to give relief to the country which is struggling with a weakening currency.

Modi was speaking to oil ministers and chief executives of oil majors at a

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