September 30, 2022
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From $100 to billions: How Rakesh Jhunjhunwala became an ace investor with Midas touch

[ad_1] NEW DELHI: Ace inventory market investor Rakesh Jhunjhunwala, also known as India’s Warren Buffett, died in Mumbai Sunday morning. He was 62. Jhunjhunwala was introduced useless on the Breach Sweet hospital early on Sunday morning. Affected by kidney illness and ischemic coronary heart illness, the hospital licensed that cardiac arrest was the reason for […]

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ITC Limited launched its 12th property, a luxury hotel in Gujarat

[ad_1] AHMEDABAD: Diversified conglomerate, ITC Restricted, on Wednesday introduced the launch of its 12thproperty, a premium luxurious lodge, ITC Narmada, in Ahmedabad. Trade sources peg the group as having invested Rs 600 crore in establishing the 19-storey, 291-key premium luxurious lodge, which was inaugurated by Gujarat CM Bhupendra Patel. The property is Gujarat’s first with […]

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SpiceJet flyers walk on Delhi airport’s tarmac after waiting for bus for 45 min; DGCA probe begins

[ad_1] NEW DELHI: A major variety of passengers who disembarked from SpiceJet‘s Hyderabad-Delhi flight on Saturday night time needed to stroll on the airport’s tarmac because the airline couldn’t present a bus for round 45 minutes to take them to the terminal, sources stated. Aviation regulator DGCA is investigating the incident, sources advised PTI on […]

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Rupee struggles as RBI uncertainty keeps traders at bay

[ad_1] MUMBAI: The rupee was trapped in a good vary in opposition to a agency greenback on Wednesday, as merchants stayed away from making huge bets amid little readability in regards to the measurement of a extensively anticipated rate of interest hike from the central financial institution. The partially convertible rupee was barely weaker at […]

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Raising funds to survive: ‘SpiceJet stake sale talks on with an Indian and Middle East player’

[ad_1] NEW DELHI: Money-strapped SpiceJet promoter Ajay Singh is in talks with a number of gamers — together with a Center Japanese service and an enormous Indian conglomerate — for stake sale to lift funds for the struggling-to-survive funds airline which urgently requires recapitalisation to maintain flying. The airline administration had been telling authorities officers […]

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Govt, RBI trying to keep inflation under 6%: Finance minister

[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman Tuesday informed the Rajya Sabha that regardless of the current enhance in costs, the federal government and RBI try to make sure that inflation is managed under 6%, and underlined that India’s macroeconomic fundamentals are robust. “The Indian financial system, in comparison with the scenario in a lot […]

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SpiceJet Mumbai-Kandla flight safely aborts takeoff on runway

[ad_1] NEW DELHI: A day after SpiceJet was ordered to function half of its accredited schedule, its Mumbai-Kandla flight aborted take off at Mumbai on Thursday after getting a warning alert. The plane safely returned to the bay and the Directorate Common of Civil Aviation (DGCA) is analyzing the difficulty. “A Q400 plane scheduled to […]

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Cabinet approves Rs 1.64 lakh crore revival package for BSNL; to merge with Bharat Broadband Network

[ad_1] NEW DELHI: In a bid to revive the ailing telecom agency BSNL, the federal government on Wednesday authorized its merger with Bharat Broadband Community Ltd (BBNL). The Union Cupboard authorized a revival package deal of Rs 1.64 lakh crore, telecom minister Ashwini Vaishnaw stated. The package deal has a money part of Rs 43,964 […]

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HC seeks govt stand on RTI seeking data on snooping

[ad_1] NEW DELHI: The Delhi HC on Tuesday sought the Centre’s stand on a petition looking for disclosure underneath the Proper to Data Act of “combination figures” on digital surveillance after the Union dwelling ministry stated it didn’t retain such “delicate” data past six months. Justice Yashwant Varma granted the Centre six weeks to file […]

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5G spectrum sales net record Rs 1.45 lakh crore on Day 1

[ad_1] NEW DELHI: The federal government netted a document Rs 1.45 lakh crore on the primary day of 5G spectrum sale on Tuesday, a lot larger than the Rs 1.1 lakh crore it made in 2015. The coveted high-speed providers are anticipated to be provided throughout prime cities from September-October. The unexpectedly excessive windfall from […]

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