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Indian equity market open on a higher note

The key Indian equity market indices opened higher today as the Sensitive Index (Sensex) of the BSE, which had closed at 32,949.21 points on Thursday, opened higher at 33,034.20 points. Minutes into trading, it was quoting at 33,104.06 points, up by 154.85 points, or 0.47 per cent. At the National

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Tata Motors giving year-end offer, here’s what its all about

To push sales during the year-end period, automobile major Tata Motors today went on to say said that it has launched a ‘Mega Offer Max Celebration’ sales offer. According to the company, the offer provides an opportunity to customers “to drive home a Tata car at a down payment of

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Big development! Airtel acquires strategic stake in Juggernaut Books

India’s telecommunications service providers Bharti Airtel today announced that it has acquired a strategic stake in Juggernaut Books, a popular digital platform to discover and read high quality, affordable books and to submit amateur writing. The investment is in line with Airtel’s endeavour to build an open content ecosystem and

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India’s Forex reserves mounts to $1.2 billion

According to the official data released, India’s foreign exchange (Forex) reserves slightly mounted by $1.20 billion as on November 24, 2017. The Reserve Bank of India’s (RBI) weekly statistical supplement released on Friday showed that the overall Forex reserves rose to $400.74 billion from $399.53 billion reported for the week

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Hero MotoCorp see sales growth of 26 per cent in Nov

NEW DELHI: Two-wheeler major Hero MotoCorp today gave details a sales growth of 26 per cent to 605,270 units for November 2017. The company had sold 479,856 units during the corresponding month of last year. “This sales growth has been driven by Hero MotoCorp’s iconic brands – the Splendor, Passion,

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Mytrah Energy all set with the new plans

According to the information given by the company official, Renewable energy company Mytrah is all set to add 500 MW to 1,000 MW every year of wind and solar power. Mytrah’s current portfolio of 2,000 MW should be fully operational within the next few quarters, Vikram Kailas, Chief Executive Officer

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PNB to off-load its six percent stake in PNB Housing Finance

Punjab National Bank today went on to say that it will off-load up to six per cent of its stake in PNB Housing Finance. According to a BSE filing, the state-run bank plans to sell up to 99,94,000 equity shares. The offer will be opened on November 28 for non-retail

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Lenovo registers 94 percent growth, tops Indian tablet market

Market research firm CMR today made it clear that While the Indian tablet PC market recorded a 4 per cent decline (Year-on-Year) in the third quarter this year, Lenovo captured 20.3 per cent share to lead the segment, witnessing 94 per cent growth over the previous quarter. Acer grabbed the

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Smartphones buyers spend big, all records broken on Black Friday

San Francisco: Smartphone sales hit a record high in the US on Black Friday while shoppers thronged retail stores as well as went online to celebrate. According to Adobe Digital Insights mobile transactions were “hitting record highs”. Black Friday follows Thanksgiving Day that is observed on the fourth Thursday of

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Sensex hiked 100 points, Nifty stands at 10350

It was a fine start for the market as sensex got up by 100 points and Reliance Industries today mentioned that it has completed sale of its interest in one of the three shale gas assets in the US to BKV Chelsea for USD 126 million. Reliance Marcellus II, LLC,