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Iraq #39;ready#39; to boost crude exports after Iran waivers end

Iraq is ready to boost oil exports by 250,000 barrels a day to compensate for any shortfalls once US sanctions waivers for Iranian oil end, a government official

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India VIX jumps to 3-year high on election concern, high crude

The India Volatility Index shot up to a three-year high of 24.05 on April 22, amid rising uncertainty over the new government formation and soaring crude oil prices.

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Tax evasion of over Rs 1,350 cr detected in raids against co owned by Kamal Nath#39;s nephew

The Income Tax department has detected tax evasion of more than Rs 1,350 crore during search and seizure operations conducted against Hindustan Powerprojects, a company owned by the

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Corporate Roundup: AU Small Finance Bank posts 42% jump in Q4 net profit

Jaipur-based AU Small Finance Bank has reported a 42 percent jump in its net profit at Rs 118 crore in the March quarter. The cost of fund during

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Amul downplays Dudhsagar dairy#39;s threat to part ways

The Gujarat Cooperative Milk Marketing Federation, which markets the Amul brand of dairy products, Monday said the decision of the Mehsana District Cooperative Milk Producers Union to part

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Tejas Networks Q4 net profit up 9.2% at Rs 35.89 crore

Domestic telecom gear maker Tejas Networks posted 9.2 per cent increase in consolidated net profit for January-March 2019 quarter at Rs 35.89 crore on account of sales growth

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Lenders led by SBI pick CarVal Investors-led consortium for Uttam Galva#39;s assets

Ending months of uncertainty following the initiation of bankruptcy proceedings against Uttam Galva Metallics and Uttam Value Steels, lenders

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Rupee drops 32 paise to close at 2-wk low against dollar

The rupee on April 22 plunged by 32 paise to close at a two-week low of 69.67 against the

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Within three weeks of its IPO, Lyft sued by investors over falling stock

Lyft went public on March 29 and within three weeks, the going has been far from smooth for

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Maruti Suzuki drives in Baleno with BS VI compliant petrol engine

The country’s largest carmaker Maruti Suzuki India (MSI) on Monday said it has launched its premium hatchback Baleno

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Twitter appoints Manish Maheshwari as India MD

Twitter on Monday said it has appointed Manish Maheshwari as the Managing Director of its India operations. Last

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SpiceJet, Emirates sign MoU for code share partnership

Budget carrier Spicejet on Monday announced signing of an initial pact for code share partnership with Gulf carrier

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Hyundai mulls options for sourcing EV components in India

South Korean auto major Hyundai is looking at various options for sourcing electric vehicle (EV) components in India,

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Adani Group wins projects across coal, gas, highways in competitive bidding: Report

Billionaire Gautam Adani-led Adani Group has in open competitive bidding bagged a string of projects ranging from highway

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Basmati rice exporter GRM to enter domestic market; to invest Rs 50 crore on marketing, distribution

Leading basmati rice exporter GRM Overseas Ltd has decided to foray into the domestic market and will invest

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Jet collapse: Privatisation not remedy, says Air India union official

Privatisation is not a remedy, which can make an airline profitable or efficient and shuttering of Jet Airways

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People really do quit because of their bosses, or sometimes follow them

When Harish Banker quit his bank to join another financial services firm, six of his reporting team members

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Adani Enterprises arm acquires Alpha Design Technologies

Adani Enterprises said its subsidiary Adani Defence Systems and Technologies has acquired Alpha Design Technologies. “Adani Defence Systems

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No 5-day a week in commercial banks: RBI

The Reserve Bank of India (RBI) said it has not issued any direction with regard to a five-day

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