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PSU banks make profits, but not from lending
Other income boosts Q2 profit 23%; slowdown in loan growth
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Slowdown in profit growth of PSBs
Private banks’ income flow more broad-based
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Banking stocks lead market recovery
Stock prices on Friday witnessed a high volatility with the benchmark Sensex swinging by over 760 points before gaining 251 points at the end of the day. The index regained early losses to cross the 20-K mark, before settling at 19,976.23, up ...
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MF assets under management cross Rs 5 lakh cr in Oct
Mumbai, Nov. 2 Assets under the management (AUM) of mutual funds on October end have crossed the Rs 5 lakh crore mark, with the portfolio recording a figure of Rs 5,56,729 crore as of the last day. The asset base increased by Rs 79,750 crore ...
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M&M to form joint venture with Navistar
Manufacturing engines for medium, heavy CVs
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Govt plans to allow 49% foreign holding in PSU refineries
New Delhi, Nov. 2 The Government proposes to allow 49 per cent foreign investment in public sector oil refineries, in commodity exchanges, and in Credit Information Companies (CIC). In the civil aviation sector, foreign direct investment up to ...
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Decision on oil price issue next week
New Delhi, Nov. 2 The Government plans to take a decision on the petrol and diesel price issue by next week. The options being explored by the Government to combat the rising crude prices include a marginal hike in retail selling price of ...
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BSNL mulls CDMA-based mobile services
To take advantage of new policy allowing dual technologies
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Auto components imports surge, exports dip
‘Raw material imports costlier than finished product’
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Hind Unilever draws new growth strategy
For strengthening presence in processed foods segment
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Higher price realisations help cement cos in Q2
Prices have risen 4% quarter-on-quarter
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BSNL, MTNL back spectrum allocation policy
Counter Mittal’s allegations of special treatment
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Morgan Stanley ups stake in Reliance Capital
Mumbai, Nov. 2 Morgan Stanley Co informed the NSE on Friday that after the acquisition of 2.03 lakh shares of Reliance Capital Ltd on October 29, its holding moved up to 5.0179 per cent or 1.23 crore shares in the total paid-up capital of the ...
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India to import more crude oil from Africa
To meet its growing domestic demand, the country is planning to import nearly 38 per cent more crude oil from the region in the next three years. The Petroleum Secretary,Mr M. S. Srinivasan, said"We are enhancing the levelof engagement with ...
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Outsourcing small jobs online on the rise
India hot spot for US entrepreneurs
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49% FDI cap in domestic airlines to remain
New Delhi, Nov. 2 International airlines will have to wait a bit longer for picking up a stake in domestic airlines. The Government has decided not to raise the cap of 49 per cent in the foreign direct investment through the automatic ...
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Reliance re-launches Vimal; plans to double exports
Sees scope in ready-to-wear segment, will focus on branded garments
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Centre may crack the whip to lower edible oil prices
Likely to ban futures, export of groundnut kernels, oil
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What happens when sub-accounts convert to FII status
If the conversion of a sub-account to an FII causes a ‘transfer’ of securities from the sub-account to the FII, it would trigger a taxable event.
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BankEx jumps 3.59% on improved sentiment
Nod for rights issue sends SBI shares soaring
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US consulting firm makes out case for FDI in commodity bourses
Mumbai, Nov. 2 Even as the country’s policymakers are mulling whether or not to allow foreign direct investment (FDI) in commodity futures exchanges, comes a report from Financial Markets International (FMI) making out a case for ...
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First power trading exchange launched
Membership drive takes off in key cities
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Bay stays calm despite moisture sweep
Thiruvananthapuram, Nov. 2 The Bay of Bengal continues to stay calm but that has not prevented tropical moisture from being transported in from the east and fanned all over the southern peninsula. The outcome is that passing ...
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