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Amazon inaugurates its world largest campus in Hyderabad

By   /  August 21, 2019  /  Business  /  Comments Off on Amazon inaugurates its world largest campus in Hyderabad

Hyderabad, Aug. 21 (PTI): US-based e-commerce giant Amazon on Wednesday inaugurated its new campus here – its largest facility globally – that will house 15,000 of its employees in India. The campus building contains over 2.5 times more steel than the Eiffel Tower, measured by weight, and is spread over 9.5 acres of land.

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Maruti Suzuki launches new XL6 multipurpose vehicle at INR 9.79 lakh

By   /  August 21, 2019  /  Business  /  Comments Off on Maruti Suzuki launches new XL6 multipurpose vehicle at INR 9.79 lakh

New Delhi, Aug. 21 (PTI): The country’s largest carmaker Maruti Suzuki India on Wednesday launched an new multi-purpose vehicle XL6 priced between INR 9.79 lakh and INR 11.46 (ex-showroom). The new model comes with 1.5 litre petrol powertrain with progressive smart hybrid system paired with lithium-ion battery.

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SBI plans to establish nearly 10 lakh YONO Cash Points

By   /  August 21, 2019  /  Business  /  Comments Off on SBI plans to establish nearly 10 lakh YONO Cash Points

Jaipur, Aug. 21 (PTI): State Bank of India, the country’s largest lender, is planning to establish nearly 10 lakh YONO Cash Points in the country over 18 months, said its Chairman Rajnish Kumar on Wednesday. The platform is secure and will eliminate the requirement of using debit cards, Kumar said.

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Tata Yodha 4×4 launched in Kohima

By   /  August 20, 2019  /  Business, Nagaland  /  Comments Off on Tata Yodha 4×4 launched in Kohima

Our Correspondent Kohima, Aug.20 (EMN): Dimapur Diesels Tata Motors launched Tata Yodha 4×4, the Tata Motors’ latest vehicle in the pick-up truck segment here at Dimapur Diesels Tata Motors, Kohima, one of its sales outlet near TCP Gate in Kohima on August 20. During  the launching programme, Shashi Kumar, senior manager of SCV Cargo and […]

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Benchmark indices log first loss in 4 days; Yes Bank dives 7 per cent

By   /  August 20, 2019  /  Business  /  Comments Off on Benchmark indices log first loss in 4 days; Yes Bank dives 7 per cent

Mumbai, Aug. 20 (PTI):  Benchmark indices Sensex and Nifty clocked losses after three sessions of gains on Tuesday, with sell-offs in banking counters offsetting rise in auto and IT stocks amid investors awaiting stimulus measures to arrest economic slowdown. Among the Sensex constituents, Yes Bank plummeted 7.11 per cent on concerns over its exposure to […]

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Rupee slips 23 paise to 71.66 vs USD in early trade

By   /  August 20, 2019  /  Business  /  Comments Off on Rupee slips 23 paise to 71.66 vs USD in early trade

Mumbai, Aug. 20 (PTI): The rupee opened on a weak note and fell 23 paise to 71.66 against the US dollar in early trade on Tuesday amid rising crude oil prices and unabated foreign fund outflows. On Monday, the rupee had tumbled 29 paise to close at an over six-month low of 71.43 against the […]

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Jio tops 4G download speed in July, Vodafone leads upload speed

By   /  August 20, 2019  /  Business  /  Comments Off on Jio tops 4G download speed in July, Vodafone leads upload speed

New Delhi, Aug. 20 (IANS): Reliance Jio has topped the 4G download speed chart and Vodafone the 4G upload one in July, according to telecom regulator TRAI. Reliance Jio continued to lead the average 4G download speeds last month. Jio achieved 21.0 Mbps average download speed in July, witnessing an improvement from 17.6 Mbps in […]

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Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow

By   /  August 20, 2019  /  Business  /  Comments Off on Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow

New Delhi, Aug. 20 (IANS): In a bid to boost car sales amid piling inventories, the State Bank of India (SBI) on Tuesday waived processing fee on car loans during the upcoming festival season and is also offering the lowest interest rate starting 8.70 per cent on car loans, with no escalation in interest. The […]

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Vivo to invest INR 4,000 crore in India, aims to manufacture 5 crore handsets per year

By   /  August 20, 2019  /  Business  /  Comments Off on Vivo to invest INR 4,000 crore in India, aims to manufacture 5 crore handsets per year

Jaipur, Aug. 20 (PTI): Chinese handset maker Vivo will invest over INR 4,000 crore in India in the coming years, a company official said. The company has so far invested INR 400 crore in the country. The existing manufacturing plant at Noida is operating at full capacity to produce 2.5 crore mobile phones every year. […]

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Sensex, Nifty rise for 3rd day in a row; economic stimulus measures awaited

By   /  August 19, 2019  /  Business  /  Comments Off on Sensex, Nifty rise for 3rd day in a row; economic stimulus measures awaited

Mumbai, Aug. 19 (PTI): Equity benchmarks Sensex and Nifty on Monday rose for a third straight session but gains were restricted due to fag-end selling in financial and auto counters amid growing concerns over economic slowdown and health of NBFCs. After rallying 369 points during the day tracking positive global cues, the 30-share Sensex settled […]

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