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RBI governor Raghuram Rajan

The speech, to an audience of bankers and company executives in Mumbai, was meant as reassurance after shares of state lenders were pummelled this week, following a surge in bad loans many of them posted.

Wipro to acquire US-based HealthPlan Services for $460 mn

Wipro to buy HealthPlan Services from Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, for about Rs 3,150 crore, the Indian firm said.

Hero MotoCorp net profit rises 36.50% in Q3

Net sales grew by 5.61 per cent to Rs 7,174.16 crore during the period as against Rs 6,792.51 crore in the same quarter of the previous fiscal, Hero MotoCorp said in a BSE filing.

Q3 a drag for banks; SBI joins the league

Reflecting the poor show, the share prices of banks are already declining by the day, impacting their valuation.

Five reasons why Sensex cracked over 800 points, Nifty breached 7,000

Sensex slumped below its crucial psychological level of 23,000, while Nifty breached its key 7,000-mark for the first time since May 12, 2014. The 50-share index has breached 1000 points in just 66 sessions.

Thu Feb 11 22:23:08 IST 2016

From The Magazine

Job half done

The Indian economy may be expanding at a brisk pace, but job creation in the country has remained sluggish.

Coolest Start UPs 2016


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