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  Zomato exits from 225 cities but CEO Deepinder Goyal says will hire around 800 people

  Business | February 13, 2023 13:14 IST

  Zomato, India's leading food delivery app, reports losses and exits operations in 225 smaller cities. Despite setbacks, the company remains optimistic with its relaunch of Gold subscription and plans to hire 800 employees.

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  This small cap stock declares bonus, split together; stock up 5% - check ratio

  Business | February 10, 2023 15:00 IST

  Veerkrupa Jewellers shares have delivered multibagger returns to its investors. The stock has zoomed a whopping 428 per cent since listing on BSE in July 2022. YTD, it has gained 60 per cent.

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  Shera Energy Limited IPO oversubscribed; listing on Feb 17

  Business | February 10, 2023 9:57 IST

  The SME IPO aims to garner Rs 35 crore through its initial share sale. The company has set a price band of Rs 55 to Rs 57.

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  Shares of THIS aerospace-defense company gain as it bags big order

  Business | February 09, 2023 16:06 IST

  Shares of Apollo Micro Systems have yielded a massive 139 per cent return in the past one year. In perspective, one share which was available at Rs 138 is now available for Rs 331.

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  Newly launched AI-powered creator tech venture to focus on creator economy

  Business | February 09, 2023 10:27 IST

  India's creator economy is growing strong despite inflation and global economic headwinds.

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  Retail inflation falls to 1 year low of 5.72 per cent in December 2022

  Business | January 12, 2023 18:19 IST

  Retail inflation in December 2022: The Consumer Price Index based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021.

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  India's services sector growth hits six month high in December 2022 | DETAILS

  Business | January 04, 2023 12:27 IST

  Indian service sector growth: "December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.

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  ITR reforms likely in 2023, buoyant tax collections cushion government on fiscal front | DETAILS

  Business | December 25, 2022 14:30 IST

  ITR reforms news: Taxation of the digital economy, ensuring developing countries get their fair share of taxes and global coordination for taxation of cryptocurrencies would be one of the priority areas as India is all set to host the leaders of G-20 countries next year.

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  Digital rupee a 'game changer', says SBI Chairman Dinesh Khara

  Business | December 02, 2022 21:32 IST

  Digital rupee: The retail digital rupee (e₹-R) project has started in a closed user group with the participation of four lenders- State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank- as well as customers and merchants.

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  Inflation print for October month likely to be lower than 7 per cent: RBI Governor Shaktikanta Das

  Business | November 12, 2022 16:44 IST

  Inflation rate in India: The rate-setting Monetary Policy Committee headed by the RBI Governor has been mandated by the government to keep inflation within 2-6 per cent range.

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  India's foreign exchange reserves at new over 2-year low amid weak rupee

  Business | October 29, 2022 10:05 IST

  Forex reserves India: The Indian rupee has been weakening over the past few weeks to hit fresh new all-time lows as the US dollar strengthened against major global currencies.

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  BYJU's borrows ₹300 crore from Aakash for 'principal business activities'

  Business | October 28, 2022 12:29 IST

  BYJUs news: Last month, the edtech major paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the acquisition of Aakash Educational Services.

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  Wholesale Price Index inflation falls to 18-month low in September to 10.7 per cent

  Business | October 14, 2022 14:08 IST

  Business news: Inflation in food articles in September eased to 11.03 per cent, against 12.37 per cent in August.

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  Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux

  Business | September 23, 2022 13:47 IST

  Reliance Industries news: Its proprietary technology enables high-efficiency solar modules that can produce 20 per cent more energy over the 25-year lifetime of a solar project at significantly lower installed cost.

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  WPI inflation eases to 12.41 per cent in August

  Business | September 14, 2022 13:25 IST

  Business news: The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in August, 2021.

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  Moody's slashes India's economic growth forecast to 7.7% for 2022

  Business | September 01, 2022 13:43 IST

  Business news updates: This is a sharp 1.1 percentage points cut from the growth projection of 8.8 per cent for current year made in May by Moody's.

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  Companies, banks to raise up to Rs 3,200 crore via bonds today

  Business | August 25, 2022 13:39 IST

  Business news: As per data, Canara Bank will raise Rs 2,000 crore, which includes Rs 1,000 crore via Basel-III Tier-II bonds, Kotak Mahindra prime Ltd will raise Rs 300 crore and Rs 175 crore via 35-month-25-day and 47-month-25-day, respectively.

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  GDP growth projected to spike to four-quarter high 13.0 per cent in Q1 FY2023, says ICRA

  Business | August 24, 2022 13:17 IST

  Business news: ICRA expects the sectoral growth in Q1 FY2023 to be driven by the services sector (+17-19 per cent; +5.5 per cent in Q4 FY2022), followed by the industry (+9-11 per cent; +1.3 per cent).

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  Corporate tax collection up by 34 per cent between April-July

  Business | August 13, 2022 14:31 IST

  Business news: The tax department tweeted on corporate tax collection growth in April-July in an apparent attempt to counter criticism of the 2019 reduction in tax rates for companies which was alleged to have dented the Centre's revenue collections, impacting its spending on social welfare schemes.

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  GST collections rises 28 per cent to Rs 1.49 lakh crore in July

  Business | August 01, 2022 12:48 IST

  Business news: The collections in July this year is the second highest since the introduction of GST in July 2017, the ministry said in a statement.