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Bhubaneshwar, IN
Thursday, September 19, 2019

Hindalco Enters S&P Dow Jones Sustainability Indices

Mumbai: Good governance, social and environmental initiatives have stood Hindalco Industries Limited in good stead. The metals flagship of the $48.3 billion Aditya Birla Group is the only aluminium manufacturer from India to be included in the 2019 edition...

Govt Likely To Sell Bharat Petroleum To Global Firm

New Delhi: Yet another state-run company is likely to go up for sale. This time it is Bharat Petroleum Corp. In a bid to lure multinational companies in the domestic fuel retailing and to boost competition in the largely...

India’s GDP Growth Slumps To Six-Year Low Of 5%

New Delhi: In what can be seen as a contraction in the Indian economy, India's Gross Domestic Product (GDP) came down to 5 per cent in April-June quarter from 5.8 per cent in the previous quarter. The quarterly figures were...

Centre Announces Mega Bank Mergers

New Delhi: The Centre on Friday announced the merger of 10 nationalised banks, thus bringing down their number from 27 to only 12. The announcement was made by Finance Minister Nirmala Sitharaman as part of the government's push to revive...

Home & Auto Loans To Get Cheaper As Part Of Centre’s Stimulus Package

New Delhi: Finance Minister Nirmala Sitharaman on Friday announced a host of economic measures to give a boost to the sagging economy, while maintaining that the slowdown has also affected the economies in the United States, Britain and China. Addressing...

ITC Not To Acquire Stake In Cafe Coffee Day

Kolkata: City-based conglomerate ITC has poured cold water on the initial euphoria in the market that it is planning to acquire a stake in Cafe Coffee Day. According to a report in Economic Times on Wednesday evening, ITC said it...

Bitter Brew! Coffee Day Declares Debts Of Over Rs 4,000 Crore

The Coffee Day group has declared an outstanding debt of Rs 4,970 crore. This includes Rs 4,796 crore in secured loans and Rs 174 crore unsecured loans. The company decided to clarify its debt position to scotch media speculations and...

Sridhar Patro To Be Nalco’s Next CMD

Bhubaneswar: National Aluminium Company Limited's (Nalco) Director (Finance) Sridhar Patro will succeed Tapan Kumar Chand as the Navratna PSU's Chairman-cum-Managing Director, official sources said on Wednesday. The Department of Personnel and Training's Public Enterprises Selection Board interviewed four candidates for...

India No More A Developing Nation, Says Donald Trump; But Is It The Case?

Pennsylvania (US): United States President Donald Trump on Tuesday said India and China are no longer 'developing countries' and therefore they should not be allowed by the World Trade Organisation (WTO) to enjoy the special economic privileges that comes...
saudi aramco

Saudi Aramco To Acquire 20 Per Cent Stake In RIL At Enterprise Value Of...

Reliance on Monday announced that Saudi Aramco, the world's biggest oil company, will acquire 20 per cent stake in Reliance Industries Limited (RIL)'s refining and petrochemicals business. The deal has an enterprise value of $75 billion, which will make...

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Raid On Hookah Bar In Bhubaneswar

Bhubaneswar: A joint team of the police, Excise Police, Drug Inspector, Forest and Environment Department and Food Safety Inspector conducted a surprise raid on...
error: Stealing the hard work of someone else is not at all good manner!!