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  Sensex rallies 449 points; Nifty tops 11,850

  October 19, 2020 16:00 IST

  Equity benchmark Sensex rallied 449 points on Monday, led by heavy buying in banking and financial counters amid largely positive cues from global markets. 

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  Uber introduces rider mask verification selfie feature in India

  October 19, 2020 13:04 IST

  Uber on Monday said the riders who have been tagged for not wearing mask on a previous trip will have to take a selfie showing them wearing a mask, in order to book their next trip.  

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  Centre should take initiative in settling GST borrowing quantum issue: Kerala FM Thomas Isaac

  October 19, 2020 13:00 IST

  “Having come half way through for amicable settlement on issue of who should borrow, centre now should take initiative to settle remaining issue: How much to borrow?” Isaac tweeted.

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  Paytm to issue 20 lakh credit cards in 12-18 months; to partner with card issuers

  October 19, 2020 11:32 IST

  Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded credit cards and is aiming to issue 20 lakh cards in the next 12-18 months.

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  Sensex rallies over 300 pts in early trade; Nifty tops 11,800

  October 19, 2020 10:20 IST

  Equity benchmark Sensex rallied over 300 points in opening trade on Monday tracking strong gains in HDFC twins, ICICI Bank and Axis Bank amid positive cues from global markets. 

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  Mankind Pharma-RDIF ink pact for distribution of Sputnik V vaccine in India

  October 19, 2020 9:05 IST

  Russian Direct Investment Fund (RDIF) has inked a pact with Delhi-based pharmaceutical company Mankind Pharma for marketing and distribution of its Sputnik V vaccine

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  Adani, Piramal among bidders for bankrupt DHFL

  October 19, 2020 7:52 IST

  According to sources, Adani Group has bid for the wholesale and slum rehabilitation authority portfolio. Piramal Enterprises, on the other hand, has bid for its retail business.

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  Maruti Suzuki unveils special offers for govt employees with benefits up to Rs 11,000

  October 18, 2020 22:34 IST

  The country's largest carmaker Maruti Suzuki India on Sunday announced special offers for government employees with benefits up to Rs 11,000 over and above the ongoing festival consumer offers across its models.

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  Adani to complete 1,000 MW transmission line to Mumbai by Dec 2022

  October 18, 2020 22:30 IST

  Adani Transmission Ltd (ATL) on Sunday affirmed that it will be able to execute a transmission line and sub-station project at suburban Vikhroli which will enhance the power supply by 1,000 MW to the financial capital, by the end of next year, as per the mandated deadline for it.

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  Jio planning to sell 5G smartphones for Rs 2,500-3,000 apiece: Company official

  October 18, 2020 15:42 IST

  Reliance Jio is planning to launch a 5G smartphone for less than Rs 5,000 and gradually reduce the price to Rs 2,500-3,000 a unit when it scales up the operation, according to a company official.

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  Bharat Biotech & Washington University developing nasal vaccine for COVID-19: Harsh Vardhan

  October 18, 2020 14:59 IST

  The minister said that the Hyderabad-based drugs and vaccine research and manufacturing company has entered into an agreement with Washington University and St. Louis University for the trials of the nasal vaccine candidate.

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  Ola to hire 1,000 engineers for new tech centre in Pune

  October 18, 2020 14:43 IST

  Ride hailing platform Ola plans to set up a new technology centre in Pune and hire about 1,000 engineers over the next few years, sources said. 

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  Active users' tally: Reliance Jio gains 2.5 mn subscribers as Airtel, Voda-Idea slip

  October 18, 2020 12:12 IST

  Although industry's overall wireless subscribers rose nearly 3.5 million in July -- the first month of such gains since February -- the total 'active subscribers' count in July actually fell 2.1 million, as per TRAI data.

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  Oracle founder donated $250K to Republican Graham before TikTok deal

  October 18, 2020 10:59 IST

  In a surprise move, Oracle and Walmart finally came together to save TikTok from the US ban, forming a new company called TikTok Global which will be headquartered in the US.

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  Gold imports down 57% to USD 6.8 billion in H1 FY21

  October 18, 2020 10:21 IST

  Gold imports, which have a bearing on the current account deficit (CAD), plunged 57 per cent to USD 6.8 billion (around Rs 50,658 crore) during the first half of this fiscal amid a slump in demand due to the COVID-19 pandemic, showed data by the commerce ministry.

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  Maharashtra allows gyms, fitness centres to reopen from Oct 25

  October 17, 2020 20:41 IST

  Maharashtra Chief Minister Uddhav Thackeray on Saturday said gymnasiums and fitness centres in the state will be allowed to reopen from Dussehra, which falls on October 25.

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  Paytm users to pay 2% charge on using credit cards to top up wallets

  October 17, 2020 19:25 IST

  Paytm users will have to pay a 2 per cent fee on the amount added to their e-wallet using a credit card.

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  No change in petrol, diesel prices for 15 consecutive days

  October 17, 2020 12:19 IST

  Petrol, diesel prices have remained steady for about half of the current month as stable global oil prices have ensured that oil marketing companies did not revise retail fuel prices.

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  Tata Motors ties up with HDFC Bank for financing of passenger vehicles

  October 17, 2020 12:04 IST

  Tata Motors on Saturday said it has collaborated with HDFC Bank for financing of its passenger vehicles.  

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  Amazon, Flipkart get notice for non-declaration of 'Country of Origin'

  October 17, 2020 8:14 IST

  The Centre has issued notices to e-commerce majors Amazon and Flipkart for non-declaration of mandatory disclosure, including the 'Country of Origin' on specific products.

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  'Khushi Ka Season': Kotak Mahindra bank cuts home loan rate to 7%; at par with SBI's offering

  October 16, 2020 21:20 IST

  Private sector lender Kotak Mahindra Bank on Friday reduced its interest rate on home loans to 7 per cent, at par with market leader SBI's offering. 

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  Sensex rebounds 254 points; banking, metal stocks take charge

  October 16, 2020 16:26 IST

  Indian equities on Friday recovered from the massive losses suffered in the previous session, with banking, metal and IT counters leading the rally. 

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  Zydus Cadila gets USFDA nod to market Fingolimod capsules, Verapamil Hydrochloride Injection

  October 16, 2020 14:13 IST

  Fingolimod capsules is indicated for the treatment of patients with relapsing forms of multiple sclerosis. While, Verapamil Hydrochloride Injection, is used to rapidly/temporarily restore normal heartbeats in people with certain heart rhythm disorders.

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  Lost job in lockdown? You can now claim 50% of your salary under ABVKY. Know eligibility, benefits

  October 16, 2020 11:44 IST

  A big relaxation for those who lost their job during coronavirus lockdown as the Centre has extended Atal Beemit Vyakti Kalyan Yojana (ABVKY), to ensure that Employees’ State Insurance Corporation-registered workers till June 30, 2021 along with enhanced relaxation and benefits.

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  HCL Tech Q2 net profit up 18.5 pc at Rs 3,142 crore, revenue rises 6.1%

  October 16, 2020 10:17 IST

  On a sequential basis, net profit was 7.4% higher from Rs 2,925 crore, while top line was higher by 4.2% from Rs 17,841 crore in June 2020 quarter

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  Sensex, Nifty rebound in early trade; bank, IT stocks take charge

  October 16, 2020 10:02 IST

  Equity benchmark BSE Sensex rebounded 320.33 points to trade at 40,048.74 in opening deals on Friday, led by intense buying mainly in banking and IT counters.Equity benchmark BSE Sensex rebounded 320.33 points to trade at 40,048.74 in opening deals on Friday, led by intense buying mainly in banking and IT counters.

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  J&K govt ties up with Flipkart to boost sale of handicraft and handloom products

  October 15, 2020 22:16 IST

  In an important step towards the promotion of rural economy and boost the sale of handicraft and handloom products in Jammu and Kashmir, the union territory government on Thursday signed a pact with online retailer Flipkart for showcasing and facilitating the local artisans and craftsmen to reach customers across the globe.

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  Export of alcohol-based hand sanitizers in containers with dispenser pumps is now free

  October 15, 2020 21:42 IST

  The export of alcohol-based hand sanitizers in containers with dispenser pumps (in any form/packaging freely exportable) is now free, with immediate effect, Ministry of Commerce & Industry informed on Thursday.