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Here’s why Sensex tanked 800 points in Wednesday’s intra-day trade
Business

Here’s why Sensex tanked 800 points in Wednesday’s intra-day trade

Posted on: August 2, 2023

[ad_1] Bears tightened their grip on domestic markets in Wednesday’s intra-day trade, as global sentiments turned sour post Fitch credit rating downgrade of the US.   […]

Ambuja Cements to acquire majority stake in Sanghi Industries: Reports
Business

Ambuja Cements to acquire majority stake in Sanghi Industries: Reports

Posted on: August 2, 2023

[ad_1] India’s Ambuja Cements has reached a deal to acquire a majority stake in operations of Sanghi Industries, two sources with direct knowledge said, a transaction that […]

US finishes 2nd lottery round for H-1B visa, successful candidates notified
Business

US finishes 2nd lottery round for H-1B visa, successful candidates notified

Posted on: August 2, 2023

[ad_1] The US has completed a second round of random lottery selection for the much sought-after H-1B work visa for foreign guest workers and the successful applicants […]

Chinese carmaker BYD faces investigation for underpaying tax in India: Rpt
Business

Chinese carmaker BYD faces investigation for underpaying tax in India: Rpt

Posted on: August 2, 2023

[ad_1] Chinese automaker BYD faces an ongoing Indian investigation over allegations that it paid too little tax on imported parts for cars it assembles and sells in […]

Gift Nifty flat amid sour global cues; Titan Q1 eyed
Business

Gift Nifty flat amid sour global cues; Titan Q1 eyed

Posted on: August 2, 2023

[ad_1] Stock Market Live Updates: At 6:55 am, the Gift Nifty quoted 19,778 levels, down 33-odd points Dalal Street might eye for a muted start on Wednesday, amidst […]

Fitch downgrades US credit rating to AA+, Treasury calls it ‘arbitrary’
Business

Fitch downgrades US credit rating to AA+, Treasury calls it ‘arbitrary’

Posted on: August 2, 2023

[ad_1] Rating agency Fitch on Tuesday downgraded the U.S. government’s top credit rating, a move that drew an angry response from the White House and surprised investors, […]

GST mop-up rises 11% to Rs 1.65 trn in July on sustained economic momentum
Business

GST mop-up rises 11% to Rs 1.65 trn in July on sustained economic momentum

Posted on: August 1, 2023

[ad_1] Goods and services tax (GST) revenue rose 11 per cent year-on-year in July to Rs 1.65 trillion, showed official data released on Tuesday. Monthly GST […]

Manipal Group chairman Ranjan Pai in talks to invest in Byju’s-owned Aakash
Business

Manipal Group chairman Ranjan Pai in talks to invest in Byju’s-owned Aakash

Posted on: August 1, 2023

[ad_1] Manipal Group Chairman Ranjan Pai is in early discussions to invest in Byju’s-owned Aakash Educational Services Limited (AESL).   According to sources in the know, Byju’s […]

Tax filing for AY24 touches all-time high, surpasses 67.7 million
Business

Tax filing for AY24 touches all-time high, surpasses 67.7 million

Posted on: August 1, 2023

[ad_1] Tax filings for the assessment year (AY) 2023-24 have hit a record high, exceeding 67.7 million. This figure represents a 16.1 per cent increase compared to […]

Total sales drop 12% YoY; exports up 35%
Business

Total sales drop 12% YoY; exports up 35%

Posted on: August 1, 2023

[ad_1] Hero MotoCorp, India’s manufacturer of motorcycles and scooters, sold 391,310 units of motorcycles and scooters in July 2023, a year-on-year decrease of 12.18 per cent from […]

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