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  Burger King India makes remarkable market debut; shares jump over 92%

  December 14, 2020 12:12 IST

  Shares of Burger King India on Monday zoomed over 92 per cent in its debut trade against its issue price of Rs 60. The stock opened at Rs 115.35, a huge premium of 92.25 per cent against the issue price on the BSE. It later rose to a high of Rs 119.80, up 99.66 per cent.

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  Tata Group in fray to acquire Air India, to file expression of interest today

  December 14, 2020 10:45 IST

  The government has been trying for two years to divest Air India. It wants to divest 100 per cent stake in Air India and budget carrier AI Express, and sell its 50 per cent share in Air India SATS Airport Services.

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  Sensex rises over 250 points to record peak in early trade; Nifty above 13,550

  December 14, 2020 10:04 IST

  In the previous session, Sensex ended 139.13 points or 0.30 per cent higher at 46,099.01, while Nifty rose 35.55 points or 0.26 per cent to 13,513.85.

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  Burger King India shares to be listed on BSE, NSE today

  December 14, 2020 9:42 IST

  Burger King India, which recently concluded its Rs 810-crore initial public offering, will make its debut on the stock exchanges on Monday.

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  Policy of reserved tickets on express trains to stay for now: Railways

  December 13, 2020 22:39 IST

  The Indian Railways on Sunday refuted claims about issuance of unreserved tickets, saying that there has been no change in policy to run all Express trains, including festival specials and clone specials, as fully reserved trains only, by issuing reserved tickets for second class coaches coaches and passenger portion of SLRs coach.

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  'Yes Bank aims to double credit card customer base in 2 yrs, grow book by 4-times'

  December 13, 2020 20:43 IST

  Private sector Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in the segment in the next two years, the Head of its Credit Card Business Rajanish Prabhu has said.

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  RBI to set up Automated Banknote Processing Centre in Jaipur

  December 13, 2020 17:29 IST

  With a view to effectively deal with increasing circulation of banknotes, the Reserve Bank of India (RBI) has decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur for receipt, storage and dispatch of currency notes. 

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  With focus on tier-2 cities, Big Bazaar aims to have 300 hypermarket stores in next 3 quarters

  December 13, 2020 16:45 IST

  ​Country's leading hypermarket chain Big Bazaar, which has its presence in over 100 cities across the country, is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official has said.  

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  GST taxpayers to get flexibility to decide on monthly tax payment

  December 13, 2020 16:11 IST

  Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of filing tax returns on a monthly basis.

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  New rule for cheque payments from January 1. All you need to know

  December 13, 2020 14:52 IST

  RBI governor Shaktikanta Das had earlier announced that ‘positive pay system’ for cheque will be introduced soon, under which re-confirmation of key details will be needed for payments beyond ₹50,000.

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  Good News For Exporters! Gems, jewellery now can be couriered globally

  December 13, 2020 14:50 IST

  The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular clarifying that extant regulations do not restrict exports of gems and jewellery through the courier mode and such restrictions only apply to imports.

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  RTGS services to be available 24X7 from tonight. Details here

  December 13, 2020 12:48 IST

  RTGS, which started on March 26, 2004 with a soft launch involving four banks, presently handles 6.35 lakh transactions daily for a value of Rs 4.17 lakh crore across 237 participant banks.

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  EPFO likely to credit 8.5% interest on EPF by this month, 6 cr subscribers to get benefited

  December 13, 2020 12:06 IST

  A highly placed source told PTI that the Labour Ministry has sent a proposal to the Finance Ministry to give concurrence to credit 8.5 per cent rate of interest on EPF for 2019-20 earlier this month.

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  M-cap of eight of top-10 most valuable firms zoom Rs 1.53 lakh cr

  December 13, 2020 11:43 IST

  Eight of the top-10 most valuable firms together added Rs 1,53,041.36 crore in market valuation last week in line with a bullish broader market trend, with Hindustan Unilever Ltd and Reliance Industries Ltd becoming the biggest gainers.

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  United Airlines launches new daily Delhi-Chicago non-stop service

  December 13, 2020 8:57 IST

  US-based United Airlines on Saturday launched its new daily non-stop service between Delhi and its hometown hub of Chicago.

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  Bar licensing rules eased in UP

  December 12, 2020 21:01 IST

  The Uttar Pradesh government has delegated its power to grant licenses to run liquor bars to divisional commissioners, an official statement said on Saturday.

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  iPhone plant in Karnataka vandalised by employees. This is the reason

  December 12, 2020 16:41 IST

  An iPhone manufacturing plant run by Taiwanese tech giant Wistron Corporation at Narsapura came under attack on Saturday from its employees over salary dues, the police said.

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  Air India gets reprieve in UK court over aircraft lease payments

  December 12, 2020 16:29 IST

  Air India has got some reprieve from a UK court as it allowed India’s flag carrier time until early January to make payments in a case of unpaid dues of over USD 17.6 million, with the judge accepting the 'broad thrust' of the airline’s financial difficulties, especially due to the grounding of flights during the COVID-19 lockdown.

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  Tech key to exploring new frontiers of economic recovery: Nadella

  December 12, 2020 14:22 IST

  Microsoft's Chief Executive Officer Satya Nadella on Saturday said that despite the constraint caused by the pandemic, digital technology is being adopted to scale core resilience, not only for future transformation but for business continuity.

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  Microsoft launches Covid-19 vaccine management platform

  December 12, 2020 13:12 IST

  With Covid-19 vaccines soon to be available globally, Microsoft has launched a vaccine management platform for both government and healthcare customers.

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  India's pvt credit-to-GDP ratio lowest among peers; govt working on framework: NITI Aayog CEO

  December 12, 2020 11:53 IST

  Addressing a virtual event organised by the Global Alliance for Mass Entrepreneurship (GAME), Kant said credit scenario in India in recent years for a greater part has been seen as a drag on the economy.

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  Chhotu, At Your Service! Indian Oil gives brand identity to 5 kg cylinder

  December 12, 2020 11:24 IST

  IndianOil launched its 5 kg free trade LPG (FTL) cylinder, named "Chhotu", in New Delhi on Friday.

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  Oracle to move Silicon Valley headquarters to Texas

  December 12, 2020 10:34 IST

  Cloud major Oracle has announced to move its California-based headquarters to Austin, Texas and cited flexibility of employee work as the key reason behind the decision.

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  Festive demand lifts November domestic passenger vehicle sales by nearly 5%: SIAM

  December 11, 2020 21:33 IST

  As many as 2,64,898 passenger vehicles were sold in November as against 2,53,139 units in the same month last year, SIAM said in revised numbers.

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  Govt buys 368.7 lakh ton kharif paddy so far at MSP for Rs 69,612 crore

  December 11, 2020 18:00 IST

  In the ongoing kharif marketing season (KMS) 2020-21, the government continues to procure kharif 2020-21 crops at its MSP (minimum support price) from farmers, 

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  Fuel on fire! Petrol price tops Rs 91.59 mark in Bhopal. Check city wise rates

  December 11, 2020 12:03 IST

  The oil marketing companies have hiked the fuel prices around Rs 2 and Rs 3.50 respectively, which have risen by a quarter since early November. Diesel is currently retailing at Rs 73.87 per litre in the capital, while petrol is retailing at Rs 83.71 per litre in Delhi.

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  Rupee opens on flat note against US dollar

  December 11, 2020 11:06 IST

  The rupee opened on a flat note and was trading in a narrow range against the US dollar in opening session on Friday, even as the domestic equity market traded with gains.

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  Air India divestment: Intimation date for qualified interested bidders extended to January 5

  December 10, 2020 22:15 IST

  ​The government on Thursday said it will intimate qualified interested bidders (QIBs) of Air India on January 5 next year, instead of the earlier decided date of December 29, 2020.