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  Amul launches ‘Tulsi’ and ‘Ginger’ milk after Haldi Milk to boost immunity amid COVID-19

  June 11, 2020 9:36 IST

  Amul launched ‘Ginger’ and ‘Tulsi’ milk to boost immunity amid Covid-19 pandemic. Amul Managing Director R.S. Sodhi reasoned that since a coronavirus vaccine is still to come, their new milk variants will ensure people have enough immunity till then to fight the deadly virus.

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  Fuel Prices Today: Petrol, diesel price hiked for 5th day in a row. Check revised rates

  June 11, 2020 9:23 IST

  Petrol and diesel prices were hiked on Thursday for the fifth consecutive day since state-owned oil companies returned to the normal practice of daily reviews after coronavirus lockdown.

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  Amazon bans police use of its face recognition for a year

  June 11, 2020 8:35 IST

  Amazon on Wednesday banned police use of its face-recognition technology for a year, making it the latest tech giant to step back from law-enforcement use of systems that have faced criticism for incorrectly identifying people with darker skin.

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  Jio-FB platform approach can open digital ecosystem, market worth USD 2 trillion by 2025: Report

  June 10, 2020 21:32 IST

  Jio-Facebook's platform approach can unlock India's digital ecosystem and address a large market that may potentially be USD 2 trillion (around Rs 151 lakh crore) by 2025, across commerce, payments and content, Bernstein said in a report.

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  Noida: 8 firms allotted land along Yamuna Expressway, Rs 288 cr investment likely

  June 10, 2020 21:16 IST

  Eight industrial units have been allotted land along the Yamuna Expressway in Gautam Buddh Nagar and the move is expected to bring in investments worth Rs 288 crore besides creating over 21,000 jobs, officials said on Wednesday.

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  S&P retains India's rating at lowest investment grade for 13th year in a row

  June 10, 2020 20:40 IST

  Global rating agency S&P on Wednesday retained India's sovereign rating at the lowest investment grade of 'BBB-' for the 13th year in a row, even as it said the economy and fiscal position will stabilise and begin to recover from 2021 onwards.

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  SBI to hold virtual general meeting on June 17

  June 10, 2020 20:18 IST

  The country's largest lender State Bank of India (SBI) on Wednesday said it will hold its general meeting on June 17, through video conferencing mode. In April, the corporate affairs ministry and market regulator Sebi had allowed companies to conduct their AGM/EGM through video conferencing 

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  Sensex surges 290 points; Nifty reclaims 10,100 level

  June 10, 2020 16:19 IST

  The BSE Sensex surged 290 points on Wednesday following gains in index heavyweights Reliance Industries, HDFC and ICICI Bank amid persistent foreign fund inflows.

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  PNB collected Rs 268 crore as ATM transaction charges, annual maintenance fee in FY20

  June 10, 2020 15:40 IST

  The public sector lender collected Rs 152.88 crore from customers by levying annual maintenance charges (AMC) on debit cards.While Rs 115.21 crore was garnered by way of levying a fee on ATM transactions, the bank said.

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  In a first, Microsoft' s venture fund M12 opens office in Bengaluru

  June 10, 2020 15:33 IST

  M12, Microsofts venture fund on Wednesday announced its local presence in India with the opening of an office in the city. The office will pursue investment opportunities across the region, focusing on B2B software startups in the sectors of applied AI, business applications, infrastructure,security, and vanguard technologies

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  TCS iON partners with NSDC to accelerate skill development

  June 10, 2020 15:06 IST

  TCS iON, a strategic unit of Tata Consultancy Services, on Wednesday said it has partnered with the National Skill Development Corporation (NSDC) to provide its training partners access to digital skilling tools using TCS'' iON Digital Glass Room.

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  MakeMyTrip ties up with Meru to offer sanitized cab services at major airports

  June 10, 2020 15:04 IST

  MakeMyTrip on Wednesday said it has partnered with Meru to provide sanitized cab services for all the major airports across the country. Through this partnership, the company aims to continue extending a seamless and connected air travel experience on a single platform – from booking flight tickets to experiencing a safe and contactless cab journey, with greater emphasis on hygiene and safety of travellers

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  Indian economy to grow at 9.5% in next fiscal: Fitch Ratings

  June 10, 2020 14:52 IST

  After a contraction in the current financial year, India's economy is forecast to bounce back with a sharp growth rate of 9.5 per cent next year provided it avoids further deterioration in financial sector health, Fitch Ratings said on Wednesday.

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  Anand Mahindra invests USD 1 mn in Gurugram-based startup Hapramp

  June 10, 2020 13:24 IST

  Mahindra Group Chairman Anand Mahindra has invested USD 1 million (about Rs 7.5 crore) in Gurugram-based Hapramp -- a startup working on technologies like blockchain and social media.

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  Sensex jumps over 200 points in opening session; Nifty tops 10,100

  June 10, 2020 10:07 IST

  Equity benchmark Sensex advanced over 200 points in early trade on Wednesday tracking gains in index-heavyweights HDFC twins, Reliance Industries and Kotak Bank amid sustained foreign fund inflows. 

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  GST paid on bad debtors must be reversed: DACAAI

  June 10, 2020 9:33 IST

  GST paid on invoices which have become bad debts must be paid back, Domestic Air Cargo Agents Association of India (DACAAI) said on Tuesday.At present, under the GST law agents have to up front pay 18 per cent GST on the invoices. 

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  Petrol price hiked by 40 paise per litre, diesel by 45 paise

  June 10, 2020 9:26 IST

  Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision.

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  French economy to contract over 10 per cent in 2020

  June 09, 2020 21:10 IST

  France's economy is on course to shrink over 10 per cent in 2020 due to the coronavirus pandemic, the central bank said on Tuesday.

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  Maruti Suzuki cuts production by 98% in May amid coronavirus pandemic

  June 09, 2020 20:45 IST

  The country's largest carmaker Maruti Suzuki India (MSI) on Tuesday said it has cut production by 97.54 per cent in May at 3,714 units amid coronavirus pandemic, according to a regulatory filing by the company.

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  Adani wins world's largest solar project; to invest Rs 45,000 crore

  June 09, 2020 20:38 IST

  ​Billionaire Gautam Adani's renewable energy firm Adani Green Energy on Tuesday said it has won the world's largest solar order to build 8 gigawatts of photovoltaic (PV) power plant along with a domestic solar panel manufacturing unit at an investment of Rs 45,000 crore.  

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  Adani says enough room to dilute 10-15 per cent stake in Adani Green Energy

  June 09, 2020 20:22 IST

  After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, its chairman Gautam Adani said on Tuesday.

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  Bharti Airtel arm raise stake in Bangladesh's Robi Axiata

  June 09, 2020 20:20 IST

  Bharti Airtel's subsidiary Bharti International (Singapore) has increased its stake in Robi Axiata, a telecom service provider in Bangladesh.

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  Rupee trims intra-day gains to end 6 paise lower at 75.61 to US dollar

  June 09, 2020 20:14 IST

  The Indian rupee on Tuesday gave up all its intra-day gains to close 6 paise lower at 75.61 against the US dollar in line with weaker sentiment in financial markets triggered by steeply rising coronavirus cases in the country.

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  PNB buys 3 Audi cars for top management amid coronavirus-led financial downturn

  June 09, 2020 19:04 IST

  At a time when the financial sector is passing through a rough patch and looking at ways to conserve capital, country's second largest lender Punjab National Bank (PNB) has bought three Audi cars to ferry its top management.  

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  PVR shares tank 7 per cent after Q4 earnings

  June 09, 2020 18:58 IST

  Shares of multiplex chain operator PVR on Tuesday tumbled 7 per cent after the company reported a consolidated net loss of Rs 74.61 crore for the fourth quarter ended March 2020.

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  Parle-G records 'best sales', sells maximum biscuits during coronavirus lockdown

  June 09, 2020 18:18 IST

  Parle-G has achieved a unique feat of selling the maximum number of biscuits during the coronavirus lockdown. A household brand since 1938, Parle G revealed that March, April, and May have been their best months in over eight decades.

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  Sensex tanks 414 points; financial stocks tumble

  June 09, 2020 16:19 IST

  Benchmark Sensex plunged 414 points on Tuesday, dragged by heavy losses in heavyweights HDFC Bank, RIL and ICICI Bank as investors fretted over the rising number of COVID cases in the country.

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  Hiring activity dips 61% in May in India: Naukri.com

  June 09, 2020 14:11 IST

  Hit by Covid-19 pandemic and nationwide lockdown, India saw a huge decline of 61 per cent in hiring activity in May, the second consecutive month where the hiring activity registered a dip of more than 60 per cent, job portal Naukri.com said on Monday.