GNA Axles falls 6% after 10% equity changed hand via multiple block deals
Uploading Date : 29-11-2017GNA Axles dipped 6% to Rs 384 on the BSE in intra-day trade after nearly 10% of total equity of auto ancillary Company changed hands on the counter via multiple block deals.
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View: Serve-in-India not Make-in-India is need of the hour
Uploading Date : 27-11-2017Two decades ago, a few of my colleagues and I were researching the changing nature of work in the US. We found that services accounted for 75 per cent of the US economy and employed an even greater portion of the labour force, yet policy-makers and politicians focused excessively on the creation and loss of manufacturing jobs.
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Why robust tourism numbers are yet to spice up the hotel sector
Uploading Date : 24-11-2017Only if growth in tourism and passenger traffic continues at the current pace and translates into a sustained revenue growth for hotels will it spice up their operating performance
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Insolvency code ordinance: Life just got tougher for loan cheats, but there’s a long fight ahead
Uploading Date : 23-11-2017Life is getting tougher and tougher for India’s loan cheats. The Narendra Modi-government’s decision to seek the ordinance route to bar wilful defaulters from bidding ailing assets is a critical step in intensifying the battle against wily promoters. What this will do, in effect, is to shut out business houses such as Essar, Bhushan Steel, Bhushan Power and Steel, Monnet Ispat and Jaypee Infratech (facing insolvency /NPA proceedings), from bidding to their own assets on which loan has been defaulted to lenders.
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Kishore Biyani unveils plan to make Future Group a trillion-dollar-revenue group by 2047
Uploading Date : 22-11-2017After several attempts at integrating the company’s digital and brick and mortar retail businesses, Future Group chairman and chief executive Kishore Biyani has unveiled Retail 3.0, a digital strategy aimed at making the group Asia’s largest leading integrated consumer company with a trillion dollars in revenue by 2047.
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Infra status for logistics sector
Uploading Date : 21-11-2017The Centre has granted infrastructure status to the logistics sector, allowing it to avail loans at competitive terms that come along with the status.
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Jaitley’s fiscal math will be tested by oil-price rally
Uploading Date : 21-11-2017With four months to go for the close of the fiscal year and $60 a barrel seen as the new normal for crude oil prices, Finance Minister Arun Jaitley and his team may have to work hard on their fiscal math for Union Budget 2018-19.
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L&T Construction bags Rs 8,650-cr order to build Mumbai Trans Harbour Link
Uploading Date : 18-11-2017Larsen & Toubro announced that the heavy civil infrastructure business vertical of L&T Construction bagged an order worth Rs 8,650 crore from Mumbai Metropolitan Region Development Authority (MMRDA) for the construction of Mumbai Trans Harbour Link, Package 01 & 03. The project involves the construction of a 21.8 km bridge connecting Mumbai mainland with Navi Mumbai.
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