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“January  22  is  not a state  holiday”: the sudden declaration of a  holiday  makes  banking  federations  and market  participants angry  

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The stock market opened  on Saturday  with no move to recover from  the  disaster  expected.  However,  markets will remain  closed  on Monday as the...
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Boeing hopes there will be no ‘significant delays’ in aircraft deliveries to India due to 737 MAX 9 problems 

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  Even though  India does not have any MAX 9 aircraft in service, the Directorate General of Civil Aviation (DGCA) has made  spot checks  of...
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Modi inaugurates Boeing campus in  Bangalore  

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| Companies no longer need to wait to build  the  first  aircraft designed and  manufactured  entirely in India:  PM   The  Prime Minister emphasized  that India...
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RIL’s  net  profit grew  10.9%  thanks to  strong performance  in the digital and retail businesses.  

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 Jio Platforms Ltd,  RIL's  digital arm,  posted  an  11.6%  rise in net profit  to  Rs 5,445 crore  in  the December quarter (Rs 4,881 crore...
Funding

HUL  remains stable  on weak rural demand 

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 The  company's  total  revenue  was Rs 15,473 crore in the third quarter, up  0.10%  from Rs 15,456 crore in the  previous  quarter.    Hindustan Unilever Limited...
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Smart  City  Mission: Modi  Govt Reveals  BIG  Update  on  Projects;  6,650 completed  to date  in 100 cities 

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  According to  the ministry, special  vehicles in these 100 cities are developing about 8,000 multi-sectoral projects  worth  over Rs 1.7  billion.    The Union  Ministry of ...
Funding

Tata Consumer Products approves fundraising of upto Rs 6500 cr; to use infusion to fund Capital Foods & Organic India acquisitions 

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 Tata Consumer Products on Friday announced that its board of directors have considered and approved the fundraising of up to Rs 6,500 crore. In...
Funding

“The goal is  to  ensure  real GDP growth of at least  7%”  

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 The first  preliminary estimate  released by the National  Statistics  Office (NSO) earlier this  month showed that  the  country's  economy is expected to grow  by...
Funding

A $21 billion  outflow at Indian  banks  suggests the  best days may be over 

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 The outlook has  deteriorated rapidly  for  India's  $433 billion banking  industry  after a rare  sell-off at  HDFC Bank Ltd., the  country's largest  private sector...
Funding

 Tata Consumer CEO  said there are no plans to rename the acquired brands.  

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 The Tata name is part of most of Tata  Consumer's  brands,  except  Himalayan, which was acquired  more than  15 years ago.  D'Souza said adding ...
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