Reliance Industries reports 1.3 percent rise in net profit

Mumbai, Oct 20  Reliance Industries on Thursday reported a consolidated net profit of Rs 7,206 crore for the quarter ended September 30, which was higher by 1.3 percent over the first quarter of this financial year, but down 22.9 percent over the like quarter of last year…

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Sebi to use drum-beaters, loudspeakers for attachment notices

New Delhi, Oct 20 (PTI) Fraudsters and defaulters who have failed to return investors’ money may soon see at their doorsteps people with drums and loudspeakers announcing summons to them, as also attachment and sale of assets seized by regulator Sebi for recovery of funds.

Sebi, which was given powers…

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Sensex takes cue from Asia, bounces 217 points

Mumbai, Oct 20 (PTI) The Sensex rebounded almost 217 points and the NSE went past the 8,700-mark today after investors chased blue-chips amid a rally in Asian markets.

The 30-share index was trading higher by 216.80 points, or 0.77 per cent, to 28,201…

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Sensex stays positive, jumps 80 pts after Asia upmove

Mumbai, Oct 19 (PTI) Strong global cues helped the Sensex climb over 80 points on Wednesday, which extended its previous day’s rally amid signs of a firming trend at Asian markets after data showed China’s economy is stabilising.

Sustained foreign capital inflows and the rupee covering more ground…

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Tea Board puts payment module in e-auction on hold

Kolkata, Oct 18 The Tea Board of India has put the post-auction settlement module under pan India e-auction system on hold for four weeks starting from Tuesday, a Board circular said.

“..after detailed deliberation held in the meeting, it has been decided that the Pan India Post settlement…

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