Business

Key Samsung India executive confirms his departure on Twitter

New Delhi,  Putting all speculation to rest, Ranjivjit Singh, Chief Marketing Officer and Senior Vice President, Mobile Business at Samsung India on Tuesday said he has decided to move on after a fruitful innings. In a tweet, Singh who spent …

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Draft EoI for privatisation of Air India finalised

Air India diverts flight to Mumbai after freak accident in TN

New Delhi,  Centre has finalised the draft Expression of Interest for privatisation of Air India, a senior government official said on Tuesday. According to the official, the EoI inviting bids for the national carrier will be issued by the month …

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Gold tops life-time of Rs 42,000 per 10 gram

Gold worth Rs 2.45 cr seized in Mizoram, 2 Myanmarese arrested

Mumbai,  Spot gold prices on Monday crossed Rs 42,000 per 10 gram for the first time owing to the escalating US-Iran tensions. Prices of the safe haven asset surged as Iran on Sunday said it will no longer abide by …

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Amazon India rides on Future Group to face Reliance’s JioMart

Mumbai,  Alarmed at the Reliance Industries Ltd’s ecommerce push in 2020 with online retail arm JioMart that will deliver groceries and other household essentials, Amazon India and the Kishore Biyani-led Future Retail Ltd (FRL), part of the Future Group, on …

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No OTP for transactions upto Rs 2,000 on Flipkart with Visa

Mumbai,  Flipkart on Monday launched Visa Safe Click (VSC), powered by Visa, that will eliminate the need for One Time Passwords (OTP) for transactions up to Rs 2,000 on the e-commerce platform. VSC will deploy India’s first in-app, device-based network …

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‘Farmers’ Science Congress big boost for farming community’

Bengaluru,  Indian Council of Agricultural Research (ICAR) Director General Trilochan Mohapatra on Monday said the initiation of Farmers’ Science Congress, a part of the ongoing 107th Indian Science Congress, is a big encouragement for the farming community. “Traditionally farmers have …

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Carnage at D-Street: Sensex, Nifty lose 2% over US-Iran tension

Mumbai,  The Indian stock market closed sharply lower on Monday as oil prices rose for the second consecutive day amid escalating tension between the US and Iran. The benchmark Sensex lost 788 points and the broader Nifty slipped below the …

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TCS moves SC against Cyrus Mistry’s reinstatement

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Mumbai,  Tata Consultancy Services (TCS) has filed an appeal in the Supreme Court against the NCLAT judgement directing reinstatement of Cyrus Pallonji Mistry as Director of the Company. “The company has on January 3 filed an appeal before the Supreme …

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Indian Overseas Bank gets Rs 4360 cr capital infusion

New Delhi, Public sector Indian Overseas Bank has received capital infusion of Rs 4,360 crore from the government. In a regulatory filing to the stock exchanges, the bank said it has received the amount as contribution of the government in …

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Fuel prices continue to surge amid tension in Middle East

New Delhi,  The petrol and diesel prices continued to surge on Saturday as the price of petrol rose by 10-11 paise and that of diesel by 15-16 paise across all major cities. According to the Indian Oil website, the petrol …

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