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Infosys mulls re-pricing digital services

By   /  October 13, 2019  /  Business  /  Comments Off on Infosys mulls re-pricing digital services

Bengaluru, Oct. 11 (IANS): Software vendor Infosys is mulling to re-price digital services upwards in view of its high value business potential, an executive said on Friday. “I think we have an opportunity on re-pricing digital services due to the scarce talent. We will relook at the pricing being offered depending on skills and experience,” […]

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Petrol, diesel prices continue downward trend

By   /  October 11, 2019  /  Business  /  Comments Off on Petrol, diesel prices continue downward trend

New Delhi, Oct. 11 (IANS): As crude oil rates continue to slide in global markets, petrol and diesel prices are also seeing a downward trend in India. On Friday, petrol prices in Delhi and Mumbai fell down by 12 paisa a litre; 11 paisa/litre in Kolkata and 13 paisa/litre in Chennai. Similarly diesel rates have […]

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RBI Central Board reviews economic situation, coop banks

By   /  October 11, 2019  /  Business  /  Comments Off on RBI Central Board reviews economic situation, coop banks

Mumbai, Oct. 11 (IANS): The Reserve Bank of India’s (RBI) Central Board met in Chandigarh on Friday and reviewed the current economic situation, global and domestic challenges and various areas of operation of the central bank as economic slowdown becomes more pronounced and the latest manipulation of loans at PMC flags off a new threat […]

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Historic fall in India vehicles sales enters 11th month

By   /  October 11, 2019  /  Business  /  Comments Off on Historic fall in India vehicles sales enters 11th month

New Delhi, Oct. 11 (IANS): Despite a 135 basis point rate cut since February and a number of measures announced by the Central government, including a sharp corporate tax cut, domestic vehicle sales plummeted for the 11th straight month in September. Society of Indian Automobile Manufacturers (SIAM) data released on Friday showed that total commercial […]

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FM faces angry PMC depositors; says will amend laws if needed

By   /  October 10, 2019  /  Business  /  Comments Off on FM faces angry PMC depositors; says will amend laws if needed

Mumbai, Oct. 10 (PTI): Finance Minister Nirmala Sitharaman, who faced angry depositors of scam-hit PMC Bank here on Thursday, announced setting up of a panel to recommend legislative changes to ensure better governance at co-operative banks. If necessary, the government will amend the laws governing cooperative banks in the winter session of Parliament, she said […]

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Rupee settles flat as US-China trade talks kept investors edgy

By   /  October 10, 2019  /  Business  /  Comments Off on Rupee settles flat as US-China trade talks kept investors edgy

Mumbai, Oct. 10 (PTI): The rupee closed flat at 71.07 against the US dollar on Thursday as the anxiety over US-China trade talks kept investors on the edge. At the interbank foreign exchange market, the rupee had opened at 70.96 against the US dollar. During the day, the domestic unit fluctuated between a high of […]

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Asia markets mixed as dealers await start of key trade talks

By   /  October 10, 2019  /  Business  /  Comments Off on Asia markets mixed as dealers await start of key trade talks

Hong Kong, Oct. 10 (AFP): Asian markets were mixed Thursday with investors moving cautiously as they sifted through conflicting reports about the outlook for upcoming China-US trade talks. Global investors have been broadly upbeat in recent weeks that the meeting in Washington between top-level representatives would see at least some progress. But with the much-anticipated […]

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Sensex plunges 297 pts; IndusInd Bank tanks 6.15 pc.

By   /  October 10, 2019  /  Business  /  Comments Off on Sensex plunges 297 pts; IndusInd Bank tanks 6.15 pc.

Mumbai, Oct. 10 (PTI): Equity benchmark BSE Sensex plunged 297 points on Thursday, dragged by heavy losses in banking, auto and metal stocks amid muted earnings outlook. After sinking 375 points during the day, the 30-share Sensex ended 297.55 points, or 0.78 per cent, lower at 37,880.40. It hit an intra-day low of 37,802.93 and […]

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TCS Q2 net profit up 1.8% to INR 8,042 cr, announces special dividend

By   /  October 10, 2019  /  Business  /  Comments Off on TCS Q2 net profit up 1.8% to INR 8,042 cr, announces special dividend

Mumbai, Oct. 10 (PTI): Country’s largest IT services firm Tata Consultancy Services (TCS) on Thursday reported 1.8 per cent rise in consolidated net profit at INR 8,042 crore for the quarter ended September 30, 2019. It had posted a net profit of INR 7,901 crore in the year-ago period, TCS said in a BSE filing. […]

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Gold prices remain unchanged; silver marginally down

By   /  October 10, 2019  /  Business  /  Comments Off on Gold prices remain unchanged; silver marginally down

New Delhi, Oct. 10 (PTI): Gold prices remained almost unchanged at the bullion market here on Thursday amid muted spot demand. The yellow metal was trading marginally higher by INR 3 at INR 39,375 per 10 gram. On Wednesday, gold had closed at INR 39,372 per 10 gram, according to data from HDFC Securities. Silver, […]

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