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  Sensex vaults over 360 points in opening trade on wide-spread buying

  October 06, 2020 9:56 IST

  Equity benchmarks Sensex and Nifty piled on gains in the opening session on Tuesday as investors indulged in wide-spread buying taking cues from positive global sentiment. The BSE gauge Sensex surged 366.76 points or 0.94 per cent to 39,340.46 in early trade.

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  SBI looking to hive off Yono into separate subsidiary, says Rajnish Kumar

  October 06, 2020 8:18 IST

  The country's largest lender State Bank of India is actively looking to hive off its digital platform Yono into a separate subsidiary, its chairman Rajnish Kumar said.

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  Need sound data regulation to ensure data privacy: Mukesh Ambani

  October 05, 2020 22:55 IST

  Billionaire Mukesh Ambani on Monday pitched for the government framing new regulation to protect data and ensure data privacy, saying nations will increasingly compete on digital capital in the coming decades.

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  Surcharge on cars, tobacco extended beyond June 2022

  October 05, 2020 22:52 IST

  The GST Council on Monday decided to extend the surcharge on taxes over luxury goods such as cars, and tobacco products beyond June 2022.

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  New emission norms for construction equipment vehicles, tractors extended till Oct 2021

  October 05, 2020 22:09 IST

  The government on Monday extended deadlines for applicability of new emission norms for construction equipment vehicles and tractors to next year. 

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  Govt to disburse GST compensation cess of Rs 20,000 cr to states: FM Sitharaman

  October 05, 2020 23:28 IST

  This year's compensation cess collected amounting to Rs 20,000 crores will be disbursed to the States tonight, Finance Minister Nirmala Sitharaman said.

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  Gold Price Today: Yellow metal declines Rs 389, silver tumbles Rs 466  

  October 05, 2020 17:10 IST

  Gold prices fell by Rs 389 to Rs 51,192 per 10 gram in the national capital on Monday, in line with a weak global trend, according to HDFC Securities.

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  Sensex rises 277 points; TCS zooms over 7 per cent

  October 05, 2020 16:16 IST

  Rising for the third straight session, market benchmark Sensex finished 277 points higher on Monday, propelled by IT and banking counters. 

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  Karnataka appellate authority rules 18% GST on whole wheat 'parota' is void

  October 05, 2020 14:50 IST

  The authority was approached by ID Fresh Food (India) Pvt. Ltd, a food products company involved in the preparation and supply of a wide range of ready to cook, fresh foods including idli and dosa batter, parotas, chapattis.

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  TCS m-cap surpasses ₹10-lakh-crore mark, becomes 2nd Indian firm to do so after Reliance

  October 05, 2020 13:30 IST

  Tata Consultancy Services (TCS) has become the second Indian firm to attain a market valuation of over Rs 10 lakh crore.

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  Bharat Biotech's Covaxin to use ViroVax's adjuvant Alhydroxiquim-II to boost immune response

  October 05, 2020 13:19 IST

  The inactivated virus is formulated with ViroVax's adjuvant to produce the vaccine candidate, it said. Bharat Biotech is currently conducting Phase II human trials of Covaxin after receiving approval from the Drug Controller General of India (DCGI).

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  Adani Ports acquires Krishnapatnam Port Company

  October 05, 2020 12:37 IST

  This acquisition will accelerate APSEZ's stride towards 500 MMT by 2025 and is another step in implementing APSEZ's stated strategy of cargo parity between west and east coasts of India, Adani Ports said in a regulatory filing.

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  Big Billion Days: Flipkart to offer instant Paytm cashback during festive sale

  October 05, 2020 11:57 IST

  Flipkart on Monday said that its partnership with Paytm will enable millions of users to conveniently pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart during the ‘Big Billion Days sale that starts from October 16. 

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  Google defers 30% Play Store app fee in India till March 2022

  October 05, 2020 11:45 IST

  The move, the tech giant said, is to ensure that the Indian developers have "enough time to implement the UPI for subscription payment option that will be made available on Google Play".

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  HDFC Bank's Ravi Santhanam in Forbes list of World's Most Influential CMOs

  October 05, 2020 11:26 IST

  Ranked at Number 39, he is the only CMO of an Indian company to be featured in the illustrious list which includes marketing heads of Apple, BMW, Lego, Adobe, Microsoft, P&G among others.

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  L&T bags multiple orders across business verticals in domestic market

  October 05, 2020 11:10 IST

  ​Infrastructure company Larsen & Toubro (L&T) on Monday said it has received multiple orders across various business segments in the domestic market.  

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  TCS Board to consider share buyback on Oct 7

  October 05, 2020 8:11 IST

  India's largest IT services firm Tata Consultancy Services' board will meet later this week to consider a share buyback proposal. "...the board of directors will consider a proposal for buyback of equity shares of the company, at its meeting to be held on October 7, 2020," Tata Consultancy Services (TCS) said.

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  India's recovery gains momentum on economic package: DEA

  October 04, 2020 18:24 IST

  The economic recovery of India has gained momentum due to the "Aatmanirbhar Bharat" economic package announced in May, said a report by the Department of Economic Affairs (DEA).

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  Over 1 lakh local shops, kiranas to facilitate Amazon India's delivery this festive season

  October 04, 2020 16:30 IST

  E-commerce major Amazon India on Sunday said it has enabled over one lakh local shops, kiranas and neighbourhood stores across the country through its various initiatives to facilitate the delivery of packages this festive season.

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  HDFC Bank's Santhanam among Forbes' 'World's Most Influential CMOs'

  October 04, 2020 16:18 IST

  Ravi Santhanam, the Chief Marketing Officer (CMO) of HDFC Bank, has made it to the Forbes' list of 'World's Most Influential CMOs'. 

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  RBI affirms currency notes potential corona carriers: CAIT

  October 04, 2020 14:00 IST

  The Confederation of All India Traders (CAIT) on Sunday said that the RBI had affirmed the possibility of currency notes as potential carriers of novel coronavirus and demanded government incentives for digital payments.

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  Stormy GST Council meet likely on Monday; non-BJP states to oppose Centre's borrowing option

  October 04, 2020 12:46 IST

  The GST Council meeting on Monday may turn into a stormy affair, with non-BJP ruled states still being in disagreement with the Centre on the compensation issue.

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  Intel expands 5G networking solutions in a $25bn market

  October 04, 2020 12:21 IST

  As the telecommunications industry transitions to 5G, the next wave of network transformation represents a $25 billion silicon opportunity by 2023.

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  CIL's coal allocation to power sector under e-auction rises 8 per cent in Apr-Aug

  October 04, 2020 11:58 IST

  CIL's coal allocation under special forward e-auction for the power sector registered a rise of 8.4 per cent to 7.94 million tonnes (MT) in April-August period of the ongoing fiscal. 

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  Government weighs legal options in Vodafone tax arbitration case

  October 04, 2020 11:20 IST

  Finance Ministry sources said the government will decide on challenging the award before a court in Singapore - which was the seat of the arbitration, after taking legal opinion.

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  Govt will consider plan allowing companies to procure COVID-19 vaccines for employees: Report

  October 04, 2020 8:49 IST

  ​The Union government will consider a plan allowing companies to procure COVID-19 vaccine for its employees.

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  IACC presents lifetime achievement award to Ratan Tata

  October 03, 2020 22:14 IST

  The Indo-American Chamber of Commerce (IACC) has presented the lifetime achievement award to business icon Ratan Tata as part of its recent global leadership awards.

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  CNG price cut by Rs 1.53/kg in Delhi

  October 03, 2020 20:59 IST

  CNG and piped cooking gas price in the national capital and adjoining cities was on Saturday cut in sync with a reduction in natural gas prices.