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Securitisation volume plunges 85% in Q1 FY21: Crisil

Securitisation volume plunges 85% in Q1 FY21: Crisil

New Delhi: Securitisation volume plunged 85 per cent to Rs 6,200 crore in the first quarter of financial year 2020-2021, because of slow collections following the lockdown and the loan moratorium offered by lenders, a Crisil report said on Monday.The report said that the decline comes after 15 month...

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Sivakarthikeyan pens a fun romantic track on Tik Tok ban!

Sivakarthikeyan pens a fun romantic track on Tik Tok ban!

Besides producing quality films and acting in big-budget entertainers, Sivakarthikeyan is  slowly turning a lyricist for hit numbers. His Kalyana Vayasu track from Kolamavu Kokila was a huge hit, the film was the maiden directorial venture of Doctor's director Nelson.The latest update is that S...

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Assam: Top ULFA (I) cadre apprehended in Tinsukia

Assam: Top ULFA (I) cadre apprehended in Tinsukia

Tinsukia (Assam): Troops of Assam Rifles in a joint operation with Assam Police apprehended a top-ranking United Liberation Front of Asom-Independent, ULFA (I) Cadre from Lalpahar, Tinsukia, Assam on July 12, informed Eastern Command, Indian Army on Tuesday.After receiving a specific input regarding...

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Rs 458 cr relief disbursed under Atmanirbhar Gujarat: CM

Rs 458 cr relief disbursed under Atmanirbhar Gujarat: CM

Gandhinagar: Gujarat Chief Minister Vijay Rupani, while launching the allocation of plots to the Micro Small and Medium Enterprises (MSME) units through computerized draw system, on Monday said that the state has disbursed relief of Rs 458 crore to industries under 'Atmanirbhar' Gujarat package.The ...

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Amid volatility, Sensex trims major gains, RIL at new high

Amid volatility, Sensex trims major gains, RIL at new high

Mumbai: The Indian stock market trimmed most of its initial gains on Monday in a largely volatile trade session.The BSE Sensex, which surged as much as 429 points to cross the 37,000-mark, ended just 99.36 points or 0.27 points higher at 36,693.69.It had opened at 36,880.66 and touched an intra-day ...

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NSE goes Atmanirbhar, approves desi Gold bars to settle futures contracts

NSE goes Atmanirbhar, approves desi Gold bars to settle futures contracts

Mumbai: Desi Gold bars will be used to settle Futures contracts traded on the NSE platform.The exchange on Friday, July 10, 2020, announced the launch of NSE refiner standards (NRS) as a policy for standard gold delivery. "The NSE Refiner Standards for BIS – Standard Gold would enable the acceptance...

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Moody's assigns Baa3 to Adani Ports' proposed bonds with negative outlook

Moody's assigns Baa3 to Adani Ports' proposed bonds with negative outlook

Singapore: Moody's Investors Service on Monday assigned a Baa3 rating to the proposed US dollar senior unsecured bonds to be issued by Adani Ports and Special Economic Zone Ltd (APSEZ).The issuer rating and the rating of APSEZ's existing senior unsecured bonds remain unchanged at Baa3. The outlook o...

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Subramanian Sarma inducted as Executive Director on L&T board

Subramanian Sarma inducted as Executive Director on L&T board

Mumbai: Larsen & Toubro said on Monday that its board of directors has decided to induct Subramanian Sarma as an Executive Director besides elevating S V Desai and T Madhava Das to the board."The slew of board-level appointments reflects L&T's resolve to chart an aggressive future in its bus...

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L&T Board inducts Subramanian Sarma as Executive Director

L&T Board inducts Subramanian Sarma as Executive Director

New Delhi: Larsen & Toubro on Monday said that its board of directors has decided to induct Subramanian Sarma, Non-Executive Director on the board as an Executive Director.In its meeting on July 11, the board of directors also decided to elevate S.V. Desai and T. Madhava Das to the board, L&...

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With rising diesel prices more trouble for transport sector

With rising diesel prices more trouble for transport sector

New Delhi: Unexpected rise in diesel prices despite slower demand has put the transport sector at a big disadvantage as rising fuel cost has further shrunk its margins.With 11 paise hike in diesel price in New Delhi on Monday while petrol prices remained steady, the gap between the two auto fuels ha...

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