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Share markets on Wednesday: Private banks, IT and metal stocks led the gainsin the markets.

Domestic stock markets started Wednesday's session on a highernoteamid positive cues from other Asian peers ahead of US-China trade talks and US Federal reserve policy meet outcome.The Sensex rose as much as 257.91

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HCL Technologies reported on Tuesday a nearly 26 per cent jump in third-quarter profit, boosted by strong performances in its software services business.

Net profit for the three months ended December 31, 2018, stood at Rs 2,605 crore ($366.49 million), compared with a profit of Rs 2,075 crore in the year-ago period, the software services exporter

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"Every nation has a right to frame policies that best suit its economic and social needs," Snapdeal said.

New Delhi: 

Even as the government's new e-commerce curbs sting global giants Amazon.com Inc and Walmart-owned Flipkart, their local rival Snapdeal is cheering the move.

The government will from February 1 impose restrictions on how e-commerce

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It is likely that the Ruias will now approach NCLAT against the NCLT's order rejecting their plea.

Ahmedabad: 

The National Company Law Tribunal (NCLT), Ahmedabad bench, on Tuesday rejected the Essar promoters plea to repay their debt and withdraw Essar Steel from the insolvency proceedings, giving advantage to ArcelorMittal in the race.

Within days

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Nineteen out of 50 Nifty stocks closed in the negative zone.

Domestic stock markets closed lower on Tuesday, falling a third straight day. The S-P BSE Sensex ended 64.20 points, or 0.18 per cent, lower at 35,592.50 while the NSE's benchmark index Nifty finished at 10,652.20, down 9.35 points or 0.09 per cent from the previous close. The losses

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The rupee on Friday weakened by 10 paise to close at 71.17 against the US dollar.

Mumbai: 

The rupee on Monday managed to end 7 paise higher at 71.10 against the US dollar on increased selling of the greenback by exporters amid easing crude oil prices and uptrend in other emerging market currencies. Also, fresh foreign fund inflows propped up the

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Shares of home loan provider Dewan Housing Finance Corp fell 8 per cent on Tuesday

Shares of home loan provider Dewan Housing Finance Corp fell 8 per cent on Tuesday following a media report that alleged financial misappropriation by the controlling shareholders of the company.

Dewan Housing, one of the country's largest housing finance companies,

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Air India is offering tickets at a starting one-way fare of Rs 6,965 in business class on domestic routes

Air India has extended its Republic Day sale till January 31, 2019, said the airline on microblogging website Twitter. Under the sale, the national carrier is offering domestic and international flight tickets at a starting price of Rs. 979 and

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Dish TV rose by 5.53 per cent to Rs. 23.85 from its previous close.

The Zee Entertainment Enterprises Ltd (ZEEL) stock gained 16.64 per cent on Monday after Zee and Essel Group Chairman Subhash Chandra said that the company has successfully arrived at an understanding with lenders to whom the shares held by the group's promoters have been pledged.

Ac

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On Feb. 1 in India, Prime Minister Narendra Modi's government will present its last federal budget before general elections are held in a few months. Unlike most other budgets, this typically isn't a high-octane affair; governments are discouraged from locking their successors into any new spending or taxes. An “interim” budget, as it's called, tri

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Pressure is building on the Reserve Bank of India (RBI) to pay part of its profits to the government before a crucial election due by May, providing Prime Minister Narendra Modi with cash to boost spending and voter support, while keeping the budget deficit in check.

Revenue from a goods and services tax, or GST, has for the most part fallen short

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The government is due to present its Budget on February 1, the last before general elections due by May

The government is due to present its Budget on February 1, the last budget before general elections due by May. The government's annual financial statement will be closely followed by industry players, experts and and general public. Listing its

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Jet Airways' founder and chairman Naresh Goyal is likely to see his stake cut to below 20% from 51%.

Jet Airways creditor State Bank of India is likely to own 15 per cent of the airline if the cash-strapped carrier's plan for a debt-for-equity swap is approved, TV channels reported on Tuesday.

With debts of about $1.14 billion, Jet has been hit by

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Domestic stock markets moved in a narrow range on Tuesday amid weakness in Asian peers as investors turned cautious ahead of Budget announcements due later this week. The Sensex fell as much as 124 points to hit 35,532 on the downside, while the Nifty dipped to 10,616, down 44 points from the previous

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Provisions for bad loans more than doubled to Rs 9,179 crore.

Bank of India posted its biggest quarterly loss since at least 2005 on Monday as the state-run lender set aside higher provisions for bad loans.

Net loss widened to Rs 4,738 crore ($666.50 million) for the three months ended December 31, 2018, from a loss of Rs 2,341 crore a year earlier.

P

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The opportunity to own the largest broadcaster in a consumer market of 1.3 billion people doesn't arrive all that often; even more rarely does it come after a single-day 26 percent rout in the stock.

The special situation has arisen because of Indian infrastructure financier-operator IL-FS Group's sudden $12.8 billion bankruptcy. Analysts who

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JSW plans to expand steelmaking capacity by 2030 to 44-45 million tonnes from 19 million tonnes currently

London: 

Conglomerate JSW Steel and global trading firm Duferco are in advanced talks on a five-year cash-for-steel prepayment deal, four sources familiar with the matter said, in a rare move for the industry.

JSW, India's biggest steelmaker, and

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Sovereign gold advanced by Rs 200 to Rs 25,700 per piece of eight grams.

Gold prices surged by Rs 350 to Rs 33,650 per 10 grams on Monday as buying by local jewellers gathered steam to meet wedding season demand, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver too shone by gaining Rs 850 to Rs 40,900

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Officials have said the government is unlikely to change the policy's implementation date.

Walmart Inc's online retailer Flipkart has told the government the company faces the risk of "significant customer disruption" if the implementation of new curbs for e-commerce is not delayed by six months, a source told Reuters.

New foreign investment

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The shutdown ended on Friday when US President Donald Trump and Congress agreed to temporary funding

Washington: 

The US economy was expected to lose $3 billion from the partial government shutdown over President Donald Trump's demand for border wall funding, congressional researchers said on Monday as 800,000 employees returned to work after 35

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Coffee Day said it has already discharged its tax liability along with the revised returns.

Coffee Day Enterprises has said it would take required action in the next few days to get a part of shares of IT firm Mindtree, owned by Coffee Day and its promoter VG Siddhartha, released by the Income Tax Department.

In a release on Sunday the company drew

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The lender is set to merge with two smaller state-run lenders - Dena Bank and Vijaya Bank

Bank of Baroda said on Tuesday its third-quarter net profit more than quadrupled, but missed estimate as the lender set aside higher provisions for bad loans.

Net profit jumped to Rs 471 crore ($66.21 million) in the three months ended December 31, 2018, from

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Top Nifty laggards were Indiabulls Housing Finance, GAIL, BPCL, Bajaj Auto and PowerGrid

Domestic stock markets started Tuesday's session on a lower note with the Sensex falling over 100 points in early trade, amid weakness in Asian peers on US-China trade concerns. The Sensex fell as much as 124 points to

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A selloff witnessed in banking, financial services, auto and pharma stocks pulled the markets lower

Domestic stock markets fell around 1 per cent on Monday, extending their losses to a second straight session. The Sensex ended 368 points - or 1 per cent - lower at 35,656 while the Nifty settled at 10,661,

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Vishwapati Trivedi was appointed to the post as recently as January 24.

The massive plunge in Zee Entertainment Enterprises Ltd (ZEEL) stock last week following a media report which said that Zee promoters Essel Group was involved in money laundering has had a fallout in the quick resignation of an independent director of the group company Zee

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One can deposit a money in fixed deposits for a specific period, ranging from seven days to 10 years.

Fixed deposits or FDs are secure financial instruments offered by public, private sector banks, small finance banks, non-banking financial companies (NBFCs) and post offices, which fetch guaranteed returns. In a fixed deposit account, money can be

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That compares with analysts' average estimate for a profit of Rs 299 crore, according to Refinitiv data.

Canara Bank reported a 152.5 per cent surge in quarterly net profit on Monday, buoyed by higher interest income and a write-back of provisions made for mark-to-market losses.

The lender's net profit came in at Rs 318 crore ($44.70 million) for

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Axis Bank's gross non-performing loans stood at 5.75% of total loans at the end of December

Axis Bank more than doubled net profit in its last quarter led by former chief executive Shikha Sharma, driven by higher interest income and recoveries from written-off accounts. The private sector lender said on Tuesday its net profit rose to Rs 1,681 crore

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Piyush Goyal asked banks to take advantage of the MSME restructuring scheme to support viable MSME units.

Finance Minister Piyush Goyal on Monday reviewed the performance of public sector banks (PSBs) during which they committed themselves to stepping up lending to micro, small and medium enterprises (MSMEs) while also significantly increasing the

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Crude oil import: PM Modi dwelt at length on the petrochemical sector in the country.

Kochi: 

Prime Minister Narendra Modi Sunday said the NDA government has taken "decisive steps" to bring down crude oil import by 10 per cent and save precious foreign exchange for the country. PM Modi said 11 oil PSUs have adopted the modern 'lignocellulosic' route

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