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BusinessToday.In
New Delhi, December 4, 2019
The company will raise raise $2 billion through qualified institutions placement or private offerings of equity shares, compulsory convertible debentures. It will raise another $1 billion via Foreign Currency Convertible Bonds or other similar security denominated in foreign currencies


Reuters
New Delhi, December 4, 2019
Diesel accounts for about two-fifths of refined fuel demand in India, which has grown by its slowest pace since fiscal year 2014 this year amid tight credit markets, contracting auto sales and slowing rail and air traffic


BusinessToday.In
New Delhi, December 4, 2019
Sundar Pichai to replace Larry Page as CEO of Google parent Alphabet as co-founders step asideGoogle Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago. Page, Brin and Pichai have all shared an emphasis on developing artificial intelligence software to make web searching and other tasks faster, while long-time produc...


Manoj Sharma
New Delhi, December 3, 2019
When RBI cuts repo rate, it expects banks to pass on the benefit by lowering interest rates on all types of loans, including home loans and car loans


PTI
New Delhi, December 3, 2019
RBI MPC meet: If the Reserve Bank of India cuts the repo rate on Thursday, it would be the sixth reduction in the short-term lending rate in 2019


BusinessToday.In
New Delhi, December 3, 2019
Chandrayaan 2: NASA finds ISRO's Vikram lander on Moon, releases images of debrisA NASA satellite has finally found ISRO's Vikram lander over two months after it crash-landed on Moon's surface. \"The Chandrayaan 2 Vikram lander has been found by our @NASAMoon mission, the Lunar Reconnaissance Orbiter,\" confirmed the US space agency. The images released by NASA show the Vikram lander impact point and associated debris field. \"Green dots indicate spacecraft debris. Blue dots locat...


BusinessToday.In
December 3, 2019
Share price of Eicher Motors, the company which owns manufacturer of Bullet motorcyle Royal Enfield, has gained 45.25% after FM Nirmala Sitharaman announced cut in corporate tax rate on September 20


PTI
New Delhi, December 2, 2019
India GDP growth: The Crisil's estimate is among the lowest, but still above Japanese brokerage Nomura's 4.7 percent forecast


BusinessToday.In
New Delhi, December 2, 2019
The report says the full-year growth would be around 5 per cent, with a marginal recovery in Q3 and Q4; adds the RBI may announce more rate cuts of up to 25 basis points in its upcoming policy meet


BusinessToday.In
New Delhi, December 2, 2019
The report says private investment will bounce back as capacity utilisation rises and the cost of borrowing declines; says the government's initiatives like corporate tax cut will support investment


BusinessToday.In
December 2, 2019
Reliance Industries share price gained up to 4.07% to hit its all-time high of Rs 1,614 compared to the previous close of Rs 1,550.90 on BSE


Reuters
December 2, 2019
PMI data also showed a lack of inflationary pressures in Nov, which should support expectations for the RBI to cut its repo rate for the sixth time in a row at its December 3-5 meeting


BusinessToday.In
New Delhi, December 2, 2019
Reliance Jio to hike mobile tariffs by up to 40% from December 6Reliance Jio has announced a hike in mobile tariffs by up to 40% to applicable from December 6. The telecom operator will raise its mobile services rates through its all in one (AIO) plans where it will offer 300% more benefits, the company said in a statement on Sunday. The telecom operator also said that it will take all required measures to sustain the Indian telecommunications industry.How BJP ministers reacted to...


BusinessToday.In
December 2, 2019
While shares of Bharti Airtel rose up to 9.82%  to Rs 485.75,  Reliance Industries stock gained up to 4.07% at Rs 1,614 on BSE


Reuters
Tokyo, December 2, 2019
A batch of gloomy data, including weak Oct exports and retail sales, have painted a dark picture for the Japan's economy after figures last month showed growth nearly stalled in the third quarter


Reuters
December 2, 2019
The PMI index rose to 51.8 in November from 51.7 in the previous month. That marked the fastest expansion since December 2016, when it was 51.9


Reuters
New Delhi, December 2, 2019
'A set of officers are looking into the pipeline of projects that can be readied so that once the fund is ready, it could be front-loaded on these projects,' FM Nirmala Sitharaman said


PTI
December 1, 2019
In five reductions by RBI's monetary policy committee (MPC) so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down and also to try to boost liquidity in the financial system


Sumant Banerji
December 1, 2019
The decline in Maruti's sales just when it looked like the worst was over in October, adds to the narrative of a deepening slowdown in the overall Indian economy now inching towards a recession


PTI
New Delhi, December 1, 2019
Before December 15, FM Sitharaman said the government will be able to announce the front-loading of at least a 10 major projects


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