Business

Sensex ends 169 points higher, Infosys falls 2.6%

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Mumbai,  The Sensex and Nifty ended higher on Thursday over firm global cues metals and banking scrips outperformed while IT index slid due to strong rupee. Yes Bank jumped 6 per cent on the BSE after heavy selling in last …

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Sensex adds 172 pts, Nifty tops 11,900, Yes Banks tanks 14%

Mumbai,  Sensex on Wednesday added 172 points while the 50-scrip Nifty index managed to close above 11,900. Yes Bank plunged 13 per cent ending as the top laggard for the second straight day. Top index contributor Reliance Industries ended in …

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Mercedes-Benz India to revise prices by up to 3%

New Delhi,  Luxury automobile manufacturer Mercedes-Benz India will hike prices across the broad model range from January 2020. According to the company, the price increase would be ‘up to the quantum of 3 per cent, varying across the broad model …

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Global airline industry likely to make profit of $29.3 bn in 2020: IATA

New Delhi,  The International Air Transport Association on Wednesday predicted that the global airline industry will generate a net profit of $29.3 billion in 2020. According to IATA, the global airline industry is forecasted to produce a net profit of …

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Xiaomi leads India smart TV market with 33% share in Q3

Bengaluru,  With a 33 per cent market share in India, Chinese handset and TV maker Xiaomi on Wednesday announced its leadership in the smart TV segment in the third quarter of 2019, quoting International Data Corporation’s (IDC) latest report. According …

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Slowdown Saga: Nov auto sales decline by 12%

New Delhi,  Domestic automobile sales continued to decline in November with the overall sectoral off-take plunging 12.05 per cent on a year-on-year basis, data showed on Tuesday. According to the data furnished by the Society of Indian Automobile Manufacturers (SIAM), …

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Sensex falls 248 points, Yes Bank ends 10% lower

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Mumbai, The benchmark Sensex closed 248 points lower on Tuesday while Yes Bank lost over 10 per cent ahead of its crucial board meeting. There was a broad based sell-off witnessed in the market with Nifty Midcap and Nifty smallcap …

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Hyundai Motor India to raise vehicle prices from Jan 2020

New Delhi,  Automobile major Hyundai Motor India will hike prices across models effective from January 2020. According to the company, the price increase has been necessitated on account of rise in input and material costs. “The extent of price increase …

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Alstom starts making metro trainsets for Mumbai Metro

Chennai, French train maker Alstom on Tuesday began production of metro trainsets for Mumbai Metro Rail Corporation (MMRC) at its factory in SriCity near here and the first train will be delivered by November 2020, the company said. According to …

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Ahead of CPI data, Sensex & Nifty end flat

Sensex gains nearly 200 points; telecom stocks rise

Mumbai,  Indian investors turned cautious on Monday ahead of consumer price index (CPI) inflation data release later this week as investors see the inflation figure as the key determinant of the future policy rates set by the RBI. The S&P …

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