- Business
Air India CMD tries to quell protests against disinvestment
Mumbai (Maharashtra) [India], Nov 8: A day after employee unions of Air India decided to oppose privatisation of the government-owned airline, Chairman and Managing Director Ashwani Lohani said the management is taking steps to protect genuine interests and there should be no cause of concern. ̶
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DLF reports 18 pc growth in Q2 net profit at Rs 444 crore, appoints new CFO
New Delhi [India], Nov 8: India’s largest real estate company DLF Group’s net profit stood at Rs 444 crore in the July to September quarter, up 18 per cent in the year-ago period. Consolidated revenues came in at Rs 1,940 crore, marking an increase of 26 per cent as compared to the previ
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India among fastest growing major economies, says govt after Moody’s changed outlook on rating
New Delhi [India], Nov 8 : India continues to be among the fastest growing major economies in the world and its relative standing remains unaffected, the government said on Friday in its first reaction after Moody’s Investors Service changed its outlook on the country’s rating to negativ
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Moody’s changes India’s outlook to negative from stable, affirms Baa2 ratings
New York [USA], Nov 8 :Moody’s Investors Service has changed the outlook on India’s ratings to negative from stable and affirmed the Baa2 foreign-currency and local-currency long-term issuer ratings. Moody’s also affirmed India’s Baa2 local-currency senior unsecured rating an
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Equity indices open lower after Moody’s downgrades India outlook to negative
Mumbai (Maharashtra) [India], Nov 8: Equity benchmark indices were on a weak wicket during early hours on Friday as investors reacted negatively to Moody’s changing India’s outlook to negative from stable. The agency, however, affirmed the Baa2 rating. Moody’s decision reflects inc
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Thatware Pioneers Advanced SEO With AI-powered Digital Marketing
West Bengal, November 7, 2019 — With the world dwelling into one big community with each passing day, every company aims to grab attention and customers from it. Reports suggest that the use of Artificial Intelligence is making search engines smarter in ranking websites over the web.
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Raymond demerges its core lifestyle business in restructuring exercise
Mumbai (Maharashtra) [India], Nov 7: Fashion and textile retailer Raymond Ltd on Thursday announced the demerger of its core lifestyle business into a separate entity that will be listed through mirror shareholding structure. Every shareholder of Raymond will be issued the shares of the new company
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HPCL’s Q2 profit drops by 4 pc to Rs 1,053 crore as refining margins plunge
Mumbai (Maharashtra) [India], Nov 7: Hindustan Petroleum Corporation Ltd (HPCL) on Thursday posted a standalone net profit of Rs 1,052 crore for the quarter ended September 30, down by 4 per cent compared to the same period of last fiscal year. For July to September 2018-19, it had reported a net pr
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Moody’s places Yes Bank’s ratings under review for downgrade
Singapore, Nov 7: A week after Yes Bank reported loss of Rs 600 crore in the second quarter of the current fiscal year (Q2 FY20), Moody’s Investors Service has placed the private sector lender’s foreign currency issuer rating of Ba3 under review for downgrade. The review for downgrade is
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Vegas Casino Sues NHL Professional
Las Vegas, 7 Nov 2019: Evander Kane gambled a lot of money in Las Vegas and one of the casinos in Las Vegas demands 500,000 dollars from the NHL professional. Gambling debts are honorary debts. But not for Evander Kane. The Canadian ice hockey professional Evander Kane is facing legal trouble due to
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Qatar Airways may pick up stake in Air India: CEO Al Baker
New Delhi [India], Nov 7 : Qatar Airways is keen to spread its wings in India which ranks as one of the world’s fastest-growing aviation markets. “We will be interested to invest in Air India if we have very strong investors together with us,” said its Chief Executive Officer Akbar
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Original Google Pixel lineup to get their last software update in December
California [USA] With the latest Pixel 4 lineup released, Google has reportedly decided to offer one final update to the original Pixel and Pixel XL in December. The original Pixel duo was released in 2016. Google has decided to release one major security update to the devices that will include a va
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WhatsApp now lets you decide who adds you to groups
California [USA] You no longer have to feel agitated when strangers add you to random groups on WhatsApp. The company has announced a new privacy update that gives you more control over group additions. As explained in the official blog, the new privacy setting and invite system allows one to choose
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Fossil launches new Hybrid HR smartwatch with customisable e-ink display
Texas [USA] Fossil launched a new hybrid smartwatch, Hybrid HR, today, which comes with a customisable e-ink display and offers heart-rate tracking. The smartwatch blends the modern with the traditional with the e-ink face behind a pair of analogue hands. As Engadget reports, there is a PPG sensor t
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IndiGo, Qatar Airways sign codeshare pact to bolster connectivity between India and Qatar
New Delhi [India], Nov 7: Low-cost airline IndiGo on Thursday signed a one-way codeshare agreement with Qatar Airways, enabling the latter to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad. This is the second codeshare agreement for IndiGo as part of its growth strateg
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Indiabulls Housing Finance Q2 profit dips 32 pc to Rs 702 crore
Mumbai (Maharashtra) [India], Nov 7 : Indiabulls Housing Finance’s consolidated net profit dipped by 32 per cent to Rs 702 crore in the July to September quarter from Rs 1,035 crore in the corresponding quarter of previous financial year. Its total income also came down to Rs 3,420 crore from
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Equities range-bound in early trade, IndusInd Bank top gainer
Mumbai (Maharashtra) [India], Nov 7: Equity indices were in the positive terrain during early hours on Thursday, a day after Finance Minister Nirmala Sitharaman announced measures to boost the beleaguered real estate sector. At 10:15 am, the BSE S&P Sensex was up by 116 points at 40,581 while th
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Cipla clocks revenue growth of 10 pc in Q2, EBITDA up by 21 pc
Mumbai (Maharashtra) [India], Nov 6: Pharmaceutical major Cipla on Wednesday reported 25 per cent year-on-year increase in its consolidated net profit at Rs 471 crore for the second quarter ended September 30. It had posted a consolidated net profit of Rs 377 crore in the corresponding quarter of la
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TVS Motor Chairman Srinivasan conferred with Deming award
Tokyo [Japan], Nov 6: Venu Srinivasan, Chairman of TVS Motor Company and Sundaram Clayton, was conferred with the prestigious Deming Distinguished Service Award For Dissemination and Promotion Overseas at a ceremony held here on Wednesday. Srinivasan becomes the first industrialist from India to be
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