New Delhi, Jan 12 (PTI) Following are the business news
New Delhi, Jan 12 (PTI) Following are the business news highlights at 1900 hours today:
New Delhi: Retail inflation crossed the RBIs comfort level and rose to 5.21 per cent in December on rise in prices of food items, egg and vegetables, dashing hopes of interest rate cut in the near future.
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Mumbai: Benchmarks ended at record highs for the second straight session today as investors remained hopeful of upbeat corporate earnings despite lacklustre numbers from TCS.
New Delhi, Jan 12 (PTI) Industrial production growth zoomed to a 17-month high of 8.4 per cent in November 2017 on the back of robust performance of manufacturing and capital goods sectors.
Bengaluru: Infosys, Indias second largest IT exporter, today reported 38.3 per cent growth in consolidated net profit to Rs 5,129 crore for the October-December quarter of 2017-18 year.
New Delhi: The National Company Law Tribunal has approved the proposed merger between Idea Cellular and Vodafone -- a move that brings both the companies closer to culminating the deal.
Bengaluru: Infosys new CEO Salil Parekh today said he will lay out strategic priorities for the company by April, for which a review is underway.
New Delhi: Tata Chemicals today said it has completed the sale of its urea fertilisers business to Yara Fertilisers India for Rs 2,682 crore.
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Mumbai: The rupee surrendered most of its early strong gains but eventually managed to end higher by a modest three paise at 63.63 against the US dollar in a highly volatile trade.
Mumbai: Continuing rising trends, countrys foreign exchange reserves surged by USD 1.758 billion to mount a new record high of USD 411.124 billion in the week to January 5, the Reserve Bank said today.
New Delhi: Telecom regulator Trai today slashed international incoming call termination rate to 30 paise, from 53 paise, to curb the "grey route", an official statement today said.
New Delhi: The tax department today said it has filed prosecution complaints in 2,225 cases during April-November 2017 for offences under the Income Tax Act, nearly three-fold jump over the corresponding period a year ago. PTI SBT
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