Samsung to launch two new smartphones

Samsung Electronics will launch two new high-end smartphones in next six months.



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HSBC manufacturing PMI jumps to 17-month high in July

A PMI reading above 50 indicates growth while a lower reading means contraction.



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Start-up behind ''dunkable'' phone technology explores Asian IPO

The fundraising by the nanotechnology company follows an expanding list of overseas firms tapping Singapore`s pool of high net worth individuals.



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FII selling of Indian stocks on Thursday biggest in a month

Overseas investors sold shares worth 16.54 billion rupees ($273.2 million) on Thursday, their biggest single-day selling since July 2, provisional exchange data shows.



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LinkedIn forecasts strong quarter, driven by hiring business

Shares of the company rose as much as 15 percent to $208 in extended trading.



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India says it is committed to TFA; WTO talks fail

Last night, the 160-member World Trade Organization (WTO) at Geneva failed to agree on a global customs pact popularly called as the Trade Facilitation Agreement (TFA).



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Maruti July sales rise 21.7% to 1,01,380 units

The company said its domestic sales rose 19.9 percent during the month to 90,093 units as against 75,145 units in July 2013.



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India`s July factory activity expands at fastest pace in 17 months

India`s factory activity expanded at its fastest pace in 17 months in July as firms responded to burgeoning new orders.



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Sensex tumbles over 187 points on capital outflows, global cues

Extending losses for the second straight session, the benchmark BSE Sensex plunged over 187 points in early trade today on increased capital outflows amidst a weak global trend.



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US blames India for collapse of TFA talks

India has been maintaining that it would not adopt the protocol on the TFA until a permanent solution is found on the public stock holding for food security purposes.



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HC to study chargesheet then decide on Jignesh Shah's bail

Economic Offences wing (EOW) of Mumbai Police intended to file chargesheet against Shah and others on or before August 4.



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Rupee slumps to over three-month low of 60.77 against dollar

The domestic currency had lost 49 paise to close at a three-month low of 60.55 yesterday.



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DLF quarterly profit falls 29% on lower home sales

Income from operations fell 25 percent to 17.25 billion rupees, the company said.



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China factory activity jump to multi-month highs in July

China`s factories activity climbs to a 27-month high of 51.7 in July.



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Obama knows importance of strong Indo-US relations: WH

US President Barack Obama recognises the importance of a strong relationship with India, the White House said.



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Alibaba invests $120 mn in Kabam in latest US deal

Alibaba Group Holding Ltd has invested $120 million in San Francisco-based mobile games studio Kabam.



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India group ICVL to nearly triple coal output from mine bought from Rio Tinto

Rio Tinto said on Wednesday it would sell the Benga mine and other projects in Tete province it bought via a $4 billion acquisition of Riversdale Mining in 2011 for just $50 million to the group.



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Tata Motors bets on Zest sedan to revive weak India sales

Tata Motors Ltd will launch the Zest sedan this month, its first new offering in four years.



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Disappointment, uncertainty after India blocks WTO trade deal

Several member states of the WTO voiced frustration after India`s demands led to the collapse of the first major global trade reform pact in two decades.



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Infosys gets first non-founder CEO; Sikka era begins today

Vishal Sikka replaces S D Shibulal, last among the co-founders to hold the CEO post.



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India's demands block $1 trillion WTO deal on customs rules

The World Trade Organization deal was blocked by India`s demands for concessions on agricultural stockpiling.



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India's demands block $1 trillion WTO deal on customs rules

The World Trade Organization deal was blocked by India`s demands for concessions on agricultural stockpiling.



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Argentina says will pay bondholders, denies in default

Argentina`s economy minister said the country would continue paying bondholders who agreed to restructure its debt after it defaulted in 2001, and denied the government was again in default.



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US oil prices at four-month low amid refinery outages

Oil prices in New York tumbled to their lowest level since mid-March helped by unplanned refinery shutdowns in the US midwest.



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In cat-and-mouse game, India uncovers new gold smuggling route

India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world`s second-biggest buyer.



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WTO fails to agree key trade deal

The World Trade Organisation has said its 160 members had failed to agree a landmark global customs pact in a move the US said left the body on "uncertain new ground".



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Dollar little changed ahead of July US jobs report

The dollar took a breather Thursday, avoiding large moves against other major currencies ahead of the July US labor market report.



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Shares off as Wall St tumbles; dollar edges up

Global equity markets tumbled on Thursday, hurt by ongoing tensions with Russia and Argentina`s second default in 12 years, while the dollar edged higher against a basket of major currencies.



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France`s Iliad bids for T-Mobile controlling stake

French upstart telecom operator Iliad said it has bid for a controlling stake in US carrier T-Mobile, offering an alternative to a potential tie-up with rival Sprint.



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Tata Motors lines up up to Rs 4,000 crore capex

With expected turnaround of auto industry by the latter half of the financial year, Tata Motors on Thursday said it is investing Rs 3,500-Rs 4,000 crore this year.



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Android grabs 85% of smartphone market: survey

Smartphones powered by the Android operating system captured 85 percent of the worldwide market in the second quarter, threatening to marginalize rival platforms, a new survey shows.



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No further FII investment in Persistent Systems: RBI

The RBI monitors the ceilings on FII/NRI/PIO investments in Indian companies on a daily basis.



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Syndicate Bank Q1 profit up 7% at Rs 485 crore

State-owned Syndicate Bank on Thursday reported 7 percent increase in net profit to Rs 485 crore for the first quarter ended June 2014.



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ICICI Bank Q1 net profit up 17%, beats estimates

ICICI Bank Ltd, India`s second-biggest lender by assets, reported a 17 percent rise in quarterly profit, beating estimates, helped by loan growth and higher fee income.



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Rajya Sabha to discuss Insurance Bill on Monday

The Rajya Sabha is likely to take up for discussion on Monday the Insurance Bill which seeks to hike foreign investment cap in the sector to 49 percent with a rider that management control remains with Indian promoters.



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Govt to provide at least 2 bank accounts per household

Finance Minister Arun Jaitley held his first meeting with all the heads of public sector banks and financial institutions Thursday on comprehensive financial inclusion agenda.



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Taiwan's HTC sees Q3 revenue decline as phone sales sputter

Taiwan`s HTC Corp forecast that revenue in the July-September quarter will likely decline as sales of its flagship phone begin to taper off after a strong second quarter.



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Panasonic profit dives 65%, signs Tesla battery plant deal

Panasonic on Thursday posted a $369 million net profit for the three months to June, down 65 percent from a year ago when the Japanese electronics giant logged a big one-off gain from a pension scheme change.



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Toshiba Q1 net profit surges 68.7%

Toshiba said Thursday its first-quarter net profit climbed 68.7 percent due to brisk sales in infrastructure business and PCs in Japan.



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FDA raises concern over drug production process at Cadila

The FDA inspected the Moraiya plant, based in Gujarat, in the second week of July.



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Japan`s top steelmaker says net profit shrinks

Nippon Steel & Sumitomo Metal, the world`s number two steelmaker, said Thursday its quarterly net profit dropped by nearly 25 percent owing to falling global prices for the commodity.



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Bajaj Electricals Q1 net at Rs 5.6 crore

The company had posted a net profit of Rs 66 lakh in the same quarter of the previous fiscal.



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Govt seeks Rs 15,546-crore fuel subsidy from upstream cos

Indian Oil Corp (IOC) will get Rs 8,107 crore from upstream firms in fuel subsidy support for the first quarter while Hindustan Petroleum Corp Ltd (HPCL) will get Rs 3,608.88 crore.



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Insurance Bill likely to be introduced in Rajya Sabha on Monday

Insurance Amendment Bill is likely to be taken up for discussion in the Rajya Sabha on Monday, Finance Minister Arun Jaitley said on Thursday.



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London welcomes Hinduja-built pure electric buses

The first two electric buses in London have been operating since last December.



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AstraZeneca smashes forecasts in Q2 after seeing off Pfizer

AstraZeneca smashed forecasts for second-quarter sales and earnings on Thursday, demonstrating resilience after seeing off a USD 118 billion takeover approach from rival drugmaker Pfizer two months ago.



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Sony, Panasonic, Japan Display say to set up OLED displays JV

Sony Corp, Panasonic Corp and Japan Display Inc said on Thursday they would form a joint venture to develop organic light-emitting diode (OLED) displays, with the government-backed Innovation Network Corp of Japan (INCJ) taking a majority stake.



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Shell says Q2 net profits triple to $5.307 bn

Anglo-Dutch oil giant Royal Dutch Shell said Thursday that net profits more than tripled in the second quarter, boosted by asset sales and higher oil prices.



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Lloyds bank says interim net profits more than halve

Britain`s state-rescued Lloyds Banking Group said Thursday that net profits slumped 57 percent in the first half, hit by compensation for insurance mis-selling and fines over Libor rate rigging.



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Sony Q1 profit jumps as games, networks outweigh smartphone, TV weakness

Sony stuck to full-year forecasts of a 140 billion yen operating profit and a 50 billion yen net loss.



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Argentina braces for market reaction to second default in 12 years

Argentina has been isolated from global credit markets since its 2002 default.



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Sony Q1 profit jumps as games, networks outweigh smartphone, TV weakness

Sony stuck to full-year forecasts of a 140 billion yen operating profit and a 50 billion yen net loss.



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Interest rates rises could thwart G20 growth goal

The G20`s pledge to boost growth could be wiped out by rising interest rates and weakening emerging economies, an IMF report said, as chief Christine Lagarde warned Thursday of "slow" progress in reaching the goal.



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Amazon quickens push into tough local services market

Amazon is ramping up efforts to offer repair, installation and other services online, tackling a fragmented but potentially rich U.S. market that may be worth an estimated USD 400 billion.



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Argentina defaults as `vulture talks` fail

Argentina was in default for the second time in 13 years.



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Apple to lay off about 200 people at Beats: Report

The job cuts will mainly hit human resources, finance and other departments with significant overlap between the two.



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Motorola Moto G gets Rs 2,000 price cut; Xiaomi effect?

Motorola Moto G will now be available at Rs 10,499 for the 8GB version and Rs 11,999 for the 16GB version.



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Sensex down 33 points in early trade ahead of expiry

The benchmark BSE Sensex declined by over 33 points in early trade Thursday as participants indulged in reducing their positions ahead of monthly expiry in the derivatives segment.



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Some WTO members discussing customs deal without India: Sources

A group of World Trade Organization (WTO) members has informally discussed adopting a global overhaul of customs rules without India if New Delhi goes ahead with threats to block the deal, sources familiar with the talks said on Thursday.



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China should set lower 2015 GDP growth target of 6.5-7%: IMF

The IMF cut its 2014 and 2015 economic growth forecasts for China last week.



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Rupee down 19 paise at 60.25 against dollar

The rupee lost 19 paise to 60.25 against the US dollar in early trade Thursday on the Interbank Foreign Exchange market due to appreciation of the US currency overseas.



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HCL Tech Q4 net up 53.7% to Rs 1,834 crore

The company had posted a net profit of Rs 1,193 crore in the year-ago period, it said in a statement.



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Samsung posts worst quarterly profit in 2 years

Samsung Electronics on Thursday reported a near 20 percent decline in second quarter net profit, due to increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won.



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Gold price stays below $1,300, heads for 2.5% monthly drop

Gold is headed for a 2.5 percent drop for the month.



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Cabinet approves proposals to amend labour laws

The Union cabinet has approved proposal to amend to three archaic labour laws.



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Gold price today: Latest updates

Gold prices edged higher but failed to reclaim Rs 28,000 per 10 gram level in futures trade Wednesday as speculators created fresh positions amid a firm global trend.



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Insurance Bill likely to be introduced in Parliament today

The Insurance Amendment Bill and the Sebi Ordinance Bill are likely to be taken up by Parliament on Thursday.



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HCL Tech Q4 net profit up 54%, beats estimates

IT services exporter HCL Technologies Ltd reported a 54 percent rise in quarterly net profit, as a global economic recovery helped demand for outsourcing services.



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Nikkei rises to fresh 6-month high led by exporters, banks

Japan`s Nikkei share average rose to a fresh six-month high on Thursday after solid U.S. growth buoyed sentiment and as the weakening yen lifted exporters, while Sumitomo Mitsui Financial Group`s earnings boosted the banking sector.



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Factbox: Google under European regulatory spotlight

Google Inc faces a variety of challenges from European Commission regulators, in contrast to its experience in the United States where the Internet search company has largely mitigated regulatory threats.



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Arun Jaitley to meet heads of PSU banks today

Finance Minister Arun Jaitley will hold his first meeting with all the heads of public sector banks and financial institutions on comprehensive financial inclusion agenda Thursday.



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Tokyo stocks open up 0.55%

Tokyo stocks opened 0.55 percent higher on Thursday, boosted by robust US growth data and the yen`s fall to its lowest level in nearly four months against the dollar.



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Microsoft unveils Xbox in China after 14 years ban

Xbox One will be the first game console legally available in China since 2000.



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Microsoft challenging US on overseas data

In a case closely watched by the tech sector, Microsoft will challenge Thursday a US court order requiring it to give prosecutors electronic mail content associated with an overseas server.



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Pinterest buys startup with image organizing skills

The acquisition was aimed at beefing up Pinterest's team, particularly with Icebergs co-founders Cesar Isern and Albert Pereta.



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Bank of America fined $1.3 bn for mortgage fraud

A US judge Wednesday ordered Bank of America to pay a $1.3 billion penalty for selling bad loans to mortgage finance firms Fannie Mae and Freddie Mac amid the housing crisis.



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Fed leaves policy unchanged, further reduces bond purchase by $10 bn

The Fed as expected reduced its monthly bond purchases by $10 billion, taking the program to $25 billion a month.



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Microsoft unveils Xbox in China after 14 years ban

Xbox One will be the first game console legally available in China since 2000.



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Samsung Q2 net profit falls to 2-year low

Samsung Electronics on Thursday reported a near 20 percent decline in second quarter net profit, due to increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won.



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US GDP growth rebounds to 4% in 2nd quarter

Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.



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Japan`s Nintendo shares plunge more than 6.0%

Shares in Nintendo fell more than six percent in early trade Thursday after the Japanese videogame giant announced it was still mired in the red.



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Samsung posts 19.6% fall in Q2 net profit

Samsung Electronics on Thursday reported a near 20 percent decline in second quarter net profit, due to increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won.



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London needs 1.3 tn pounds to boost infrastructure: Report

According to the plan, among the key infrastructure projects that need funding include new train systems, 50,000 new homes every year and 22,000 acres of green space.



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SMEs raise Rs 63 cr via IPOs in April-June quarter

Six small and medium enterprises (SMEs) got listed on the nation's capital markets with public issues worth a total of Rs 63 crore in the first three months of the ongoing financial year.



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Microsoft Xbox One to launch in China Sept 23

Microsoft Corp will launch its Xbox One gaming console in China on September 23, making it the first foreign company to start selling consoles in the world`s third biggest gaming market after a ban on the devices was lifted this year.



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Gold price extends losses for 2nd day; settles at Rs 28,200 per 10 gram

Extending losses for the second day, gold prices on Wednesday fell by Rs 150 to Rs 28,200 per 10 gram in the national capital on a weakening global trend.



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'Economy can grow by 6.5% in 2014-15'

Allaying fears of adverse impact of deficient monsoon on the economy, National Statistical Commission Chairman Pronob Sen on Wednesday said the country's growth can be as high as 6.5 percent in the current fiscal.



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Wipro partners OpenLink for offering services to commodity cos

OpenLink offers transaction lifecycle management (TLM) software.



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Cadila Healthcare Q1 net up 23.14% at Rs 240.21 crore

The company had reported a net profit of Rs 195.06 crore in the April-June quarter of financial year 2013-14.



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Jet Airways pilots protest against decision over shifting to JetLite

Massive unrest in Jet Airways has erupted as over 200 pilots are protesting company's plan of shifting them to JetLite-- a low cost carrier.



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Dr Reddys Laboratories Q1 net up 52.49% at Rs 550.39 crore

It had posted a net profit of Rs 360.93 crore for the April-June quarter of the 2013-14 fiscal, Dr Reddy's said in a filing to the BSE.



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BlackBerry to acquire German security solutions firm

BlackBerry will acquire German security solutions firm Secusmart GmbH as part of its efforts to ramp up enterprise service offerings.



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I-T dept to taxpayers: Save our official email id in inbox

The online tax filing season is on and as of now the last date is July 31.



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Lupin Q1 net profit up 56% on higher US drug sales

Lupin Ltd , India`s fourth-largest drugmaker by sales, reported a higher-than-expected profit in the first quarter, helped mainly by higher sales in the United States and India, and lower expenses.



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Investors pull out Rs 60,000 cr from MF schemes in June

Investors pulled out nearly Rs 60,000 crore from various mutual fund schemes in June after putting in a staggering Rs 1.5 lakh crore in the preceding two months.



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Instagram launches messaging app

Undoing a send is done by shaking your phone.



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Microsoft says complies with law in China amid probe

Microsoft said on Wednesday it seeks to comply with Chinese law, after Beijing announced an anti-monopoly investigation of the US technology giant over its business practices.



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Happy that ITC diversified: Deveshwar

He said the company was now looking at entering into newer areas of food business.



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Piramal, APG ink pact; to invest $1 bn in infra cos over 3years

The two partners have agreed to commit USD 375 million each for investments under this alliance.



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Bharat Forge Q1 net up 60% at Rs 145 cr

The company's net profit stood at Rs 90.60 crore in the same quarter of the previous fiscal.



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Bharti stock surges nearly 6%; top gainer on Sensex, Nifty

Bharti Airtel shares on Wednesday jumped nearly 6 percent after the company reported a 60.9 percent rise in its consolidated net profit for the June quarter.



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China to allow 100 million people in cities in new reforms

China plans to permit about 100 million people without urban ID records to settle in towns and cities by 2020.



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SC asks Supertech to refund principal amount to investors

The case involves refunding of money to flat owners of Apex and Ceyane towers in Noida which were directed to be demolished by Allahabad High Court.



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BlackBerry to acquire German security solutions firm

BlackBerry will acquire German security solutions firm Secusmart GmbH as part of its efforts to ramp up enterprise service offerings.



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ICVL to buy Rio Tinto's coal assets in Mozambique for $50 mn

The acquisition will be the first of ICVL since its inception in 2009.



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Kerry presses India on WTO deal ahead of arrival

India and the United States have already clashed at the WTO, with Washington saying Delhi`s 11th hour resistance could kill a deal that could create 21 million jobs.



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HSBC closes Muslim accounts in UK

It said decisions to close accounts were "absolutely not based on race or religion".



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SC asks Supertech to refund principal amount to 53 investors in 4 days

The case involves refunding of money to flat owners of Apex and Ceyane towers in Noida which were directed to be demolished by Allahabad High Court



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Amazon to invest $2 bn in India; on track to hit $1 bn sales

The US-based firm's announcement comes less than 24 hours after rival Flipkart announced raising a whopping USD 1 billion funding, the largest in the e-commerce space in India.



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State Bank of Patiala ready to merge

SBI has five associates -- State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and State Bank of Hyderabad.



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Vedanta first-quarter core earnings rise marginally

Diversified miner Vedanta Resources Plc ground out a marginal increase in quarterly core earnings as its oil and gas and aluminium businesses offset a decline in zinc and copper.



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Amazon says to invest $2 billion more in India

Amazon.com Inc will invest an added USD 2 billion in India as the e-commerce giant ramps up business in the country, the company said on Wednesday.



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Stand on TFA contrary to India's promise on biz: Trade bodies

With India firm on its Trade Facilitation Agreement (TFA) stand, top global trade bodies and experts said this policy is quite contrary to the promise made by the new government that it is open for business.



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Taxman to track high-value spending in major cities

The Central Board of Direct Taxes (CBDT) has tasked its exclusive technical snoop unit.



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US economy seen regaining muscle in second quarter

Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.



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Amazon says lower ebook prices benefit authors, publishers

Amazon.com Inc, locked in a war with publisher Hachette Book Group over ebook prices, said its push for lower prices was good for authors, publishers and booksellers.



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Asian shares hit 6-1/2 year high, dollar steady before Fed

MSCI`s broadest index of Asia-Pacific shares outside Japan shrugged off early losses to rise 0.5 percent to its highest level since January 2008.



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Piramal, Dutch APG tie up for $1 bn infra investment

Piramal and APG have each initially committed $375 million for investments under the alliance, the companies said.



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Maruti Suzuki Celerio diesel spied testing; launching early next year?

The Celerio diesel will be getting powered by Maruti's 800cc diesel motor.



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Gold price today: Latest updates

Gold prices settled lower by Rs 60 to Rs 27,866 per 10 grams futures trade Tuesday as speculators offloaded their positions amid a firm global trend.



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Rupee down 8 paise to 60.21 against dollar in early trade

The dollar's gains against other currencies overseas and a lower opening in the domestic equity market also put pressure on the local unit, forex dealers said.



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Lok Sabha to discuss Delhi Budget today

The general discussion and voting on the Budget for the National Capital Territory of Delhi is scheduled for Wednesday.



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John Kerry leaves for India

It is the first cabinet-level between the Obama administration and the new Indian government led by Modi.



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Volkswagen closes in on Toyota as global auto leader

Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China.



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Japan factory output drops 3.3% on-month in June

The reading was much worse than the market`s median forecast of a 1.2 percent drop.



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Twitter assuages growth concerns for now as shares soar 35%

Twitter saw users increase to 271 million, still dwarfed by rival Facebook Inc`s 1.3 billion.



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Facebook to shut down Gifts service in latest e-commerce shift

Facebook Inc will shut its 2-year-old Gifts shop on Aug. 12, as the world`s largest social network tests other ways to let consumers buy products on its website.



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Debt restructuring in review if Argentina defaults: IMF

Argentina faces a Wednesday midnight deadline to pay certain hedge funds demanding full payment on defaulted bonds or risk being declared in default.



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Asian shares sluggish, dollar holds firm before Fed

Asian shares were subdued while the dollar held steady near an eight-month high against the euro on Wednesday, as investors awaited key U.S. data as well as a U.S. Federal Reserve meeting that some believe might result in a more hawkish policy outlook.



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Wall Street ends down; Twitter rallies after-hours

U.S. stocks fell on Tuesday, dropping in a broad selloff as a weak outlook from courier company UPS weighed on sentiment and pressured transportation stocks.



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Microsoft gives employees sneak peek at new ''selfie'' phone

Microsoft Corp`s hardware chief gave employees a sneak peek at a `selfie` phone featuring a 5 megapixel forward-facing camera at an internal meeting this week, a source at the company said on Tuesday.



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Ukraine may need more aid: IMF chief Lagarde

The first installment of the aid, worth $3.19 billion, was disbursed in early May.



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Xiaomi Mi3 sold out in 5 seconds: Flipkart

Chinese handset maker Xiaomi, which debuted in the Indian smartphone market earlier this month, Tuesday said it sold out its stock of its Mi3 smartphone within 5 seconds of going on sale.



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China regulator in anti-monopoly probe of Microsoft

A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp because the firm has not fully disclosed information about its Windows operating system and Microsoft Office application.



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Mutual funds' equity folio count rises by 84,000 in Q1 FY15

Folios are numbers designated to individual investor accounts, though one investor can have multiple folios.



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Lab-to-Land, PM's slogan for increasing agri production

Narendra Modi emphasised upon the need for taking scientific research to fields and suggested setting up of radio stations by agri-colleges and universities to create awareness among farmers.



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Stocks overshadow gold in strong market rally this year

Indian equities have overshadowed gold's glitter by giving handsome returns of almost 23 percent to investors so far this year.



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Bank of Cyprus approves $1 bn private share placement

BoC announced late Monday the successful placement of 4.2 billion new ordinary shares at a price per share of 24 euro cents.



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India's app downloads at 9 bn by 2015: Study

The number of app downloads in India is expected to grow from 1.56 billion per annum in 2012 to 9 billion by 2015, says a new study.



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Samsung Galaxy Star 2 Plus launched at Rs 7,335

Samsung has launched its Android 4.4 KitKat-based smartphone Galaxy Star 2 Plus in India carrying a price tag of Rs 7,335.



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Facebook ''forcing'' messenger app users

Soon, you will be "forced" to download and use Facebook messenger app as you log on to the popular social networking site.



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ITC Q1 profit up 15.6% to Rs 2,186.39 crore

Net sales of the company during the quarter under review went up by 24.88 percent to Rs 9,164.42 crore.



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Samsung delays Tizen phone launch

Samsung Electronics will delay the release of its first smartphone running the new Tizen operating system (OS), reports said.



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ITC Q1 sales jump on demand for smaller smokes, consumer goods

ITC Ltd , India`s largest cigarette maker, reported a better-than-expected 25 percent rise in quarterly sales as demand for smaller and cheaper cigarettes grew and its consumer goods business put in a stronger performance.



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Facebook ''forcing'' messenger app users

Soon, you will be "forced" to download and use Facebook messenger app as you log on to the popular social networking site.



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Renault drives out of last year`s slump

French car giant Renault on Tuesday reported first-half net profits nearly 20 times better than during the slump of last year as European sales offset weaker growth in emerging markets.



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JAL`s quarterly net profit drops 19.4% to $145 mn

Japan Airlines (JAL) said Tuesday its net profit for the April-June quarter fell 19.4 percent to $145 million, as a weak yen and soaring fuel costs dug into its results.



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BP says Q2 net profits soar 65% to $3.369 bn

BP said on Tuesday that net profits surged 65 percent in the second quarter, boosted by high oil prices, but warned that more economic sanctions against Russia could hit performance.



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Narendra Modi for raising farmers’ income by taking lab to land

Prime Minister Narendra Modi on Tuesday said the government's policy should be focussed on increasing the farmers' income and asked scientists to take scientific technology to field for raising crop productivity.



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Honda net profit jumps 19.6% to $1.4 billion

Japanese automaker Honda said Tuesday its latest quarterly net profit jumped 19.6 percent to USD 1.4 billion thanks to a weak yen, as it boosted its full-year profit and sales forecast.



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ITR e-filing faces page downloading issues; ISP asked to improve connectivity

Internet providers have been told to increase the bandwidth and carry out changes in the routing limit and firewall filter.



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India needs to increase farm output: Narendra Modi

Prime Minister Narendra Modi on Tuesday said India needs to increase its per hectare productivity of crops to meet the growing demand for food.



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New Jaguar XE sedan to make global debut in September

Tata Motors-owned Jaguar Land rover will hold the global premiere of the new Jaguar XE luxury sedan in London on September 8.



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CoalMin to review status of formation of JV, SPV next week

The Coal Ministry had earlier asked states to advise the companies that have been allocated mines to either form SPVs or JVs for projects.



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ITC Q1 net profit up 16% at Rs 2,186.4 crore

India`s fourth-biggest company by market value ITC Ltd on Tuesday posted an 16 percent increase in standalone net profit at Rs 2,186.4 crore for the first quarter ended March June 30.



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Need to equip farmers with better farming technology: Narendra Modi

Prime Minister Narendra Modi said that the farmer has made a big contribution towards the development of the country.



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Environment groups' concerns over Adani project exaggerated: Hunt

Rebutting concerns raised by environmentalists on the approval of USD 16.5-bn coal and rail project of India's Adani Mining in Queensland, Australian environment minister Greg Hunt on Tuesday said the claims about its impact on Great Barrier Reef were "exaggerated".



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Not considering any proposal for merger with United Bank: IDBI Bank

State-owned IDBI Bank has said it is not considering any proposal to merge Kolkata-based United Bank of India with itself.



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Kerry praises 'Tata' for creating jobs in US

US Secretary of State John Kerry has praised Indian automobile giant 'Tata' for creating thousands of jobs in the United States.



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I-T department to tighten noose around corporate bosses

Expenses incurred on luxury cars, property purchase, coaching centres, earnings on fixed deposits will be closely watched by the I-T department.



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With PlayStation network, Sony goes back to the future in search of revival

Japan`s Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.



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Markets to remain close today on account on Id-Ul-Fitr

However, bullion and sugar markets will remain open as usual.



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Global business travel spending to reach record $1.18 trillion in 2014

Global business travel spending will reach a record USD 1.18 trillion this year, up nearly 7 percent from 2013, bolstered by growth in China, a U.S. trade group said on Monday.



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China brands beat global rivals with tea toothpaste, pickled plums

The Coca-Cola Co, Procter & Gamble Co and Colgate-Palmolive Co are being forced to adapt as the challenge posed by local firms intensifies in a slowing economy.



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Modi's 'Sabka Saath Sabka Vikas' is great vision: Kerry

Kerry will be in New Delhi to co-chair the fifth annual India US Strategic Dialogue with his Indian counterpart Sushma Swaraj.



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Microsoft targeted in apparent Chinese anti-trust probe

Microsoft Corp appears to be the latest U.S. company targeted by China for anti-trust investigation after government officials paid sudden visits to the software firm`s Chinese offices on Monday.



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US praises 'Tata' for creating jobs in US

US Secretary of State John Kerry has praised Indian automobile giant 'Tata' for creating thousands of jobs in the United States.



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I-T department to tighten noose around top corporate bosses

Expenses incurred on luxury cars, property purchase, coaching centres, earnings on fixed deposits will be closely watched by the I-T department.



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Asian stocks reach three-year peak, China holds gains

Hong Kong`s key stock index inched to its loftiest level in over 3-1/2 years on optimism that the world`s second-largest economy has turned a corner and as investors wagered on more growth-friendly policies from Beijing.



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Gold price holds above $1,300, focus on Fed policy meeting

Gold was flat at USD 1,305 an ounce Tuesday, after slipping 0.3 percent in the previous session.



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Gold price little changed above $1,300 as Fed policy meet awaited

Gold was little changed above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors waiting for cues from U.S. jobs data and a Federal Reserve policy meeting this week.



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US senator to propose strong curbs on NSA phone data collection

A new Senate proposal to curb the government`s bulk collection of Americans` telephone records and increase transparency about the program has White House backing and may get more traction with critics who have dismissed other bills as too weak.



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Morgan Stanley to raise junior bankers'' base salaries by 25%: Report

Morgan Stanley is raising base salaries for junior bankers by about 25 percent in a bid to improve working conditions and retention, Bloomberg said, citing people briefed on the matter.



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Gold little changed above $1,300 as Fed policy meet awaited

Gold was little changed above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors waiting for cues from U.S. jobs data and a Federal Reserve policy meeting this week.



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Goldman moves executive to new role building ETFs

Goldman Sachs Group Inc has moved an executive from its trading division to its investment-management division to launch a business that will sponsor exchange-traded funds and sell them to retail clients through third parties, according to a memo and people familiar with the matter.



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U.S. senator to propose strong curbs on NSA phone data collection

A new Senate proposal to curb the government`s bulk collection of Americans` telephone records and increase transparency about the program has White House backing and may get more traction with critics who have dismissed other bills as too weak.



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Morgan Stanley to raise junior bankers'' base salaries by 25 pct – Bloomber

Morgan Stanley is raising base salaries for junior bankers by about 25 percent in a bid to improve working conditions and retention, Bloomberg said, citing people briefed on the matter.



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Russia could block EU fruit imports, US chickens: reports

Russia could soon block some fruit imports from the EU and chickens from the United States, reports said today, as Brussels considered slapping tighter sanctions on Moscow over the Ukraine crisis.



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McDonald`s holds the beef in China meat scandal

McDonald`s outlets across China have yanked their flagship burgers from the menu, the company said Monday, as the American owner of a key supplier embroiled in an expired meat scandal offered consumers a personal apology.



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European stock markets strike mixed note

Europe`s stock markets diverged on Monday in mixed trading, ahead of a busy week for economic news, dealers said.



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EU antitrust body clears Apple's $3 billion Beats deal

The European Union's antitrust authority has cleared Apple's USD 3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services.



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Hindustan Unilever sees no demand recovery though sales improve

Hindustan Unilever Ltd (HUL) sees no immediate sign of recovery in demand for consumer goods after a transport strike last year helped sales volume in April-June outgrow estimates for the first time in eight quarters.



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New tool to help analyse 'big data' faster

Scientists have developed a new tool that speeds the analysis of data sets that are so large and complex they would take days or weeks to analyse on a single workstation.



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Dentsu Aegis acquires majority stake in Milestone Brandcom

Dentsu Aegis Network has acquired a controlling stake in Milestone Brandcom, the leading Out-of -Home (OOH) advertising and integrated media company in India.



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Malaysia Airlines to change name to boost reputation

Reeling under the pressure of two catastrophic aviation tragedies, Malaysia Airlines is mulling a name change and restructuring of routes in a bid to repair its reputation, a media report has said.



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Rupee slips to nearly 1-week low of 60.13 Vs dollar

The rupee Monday ended lower by 3 paise to end at nearly a one-week low of 60.13 against the American currency on month-end dollar demand from importers and banks.



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Reliance Power shares up over 4% after Jaypee group deal

Shares of Reliance Power on Monday gained over 4 percent after the Anil Ambani Group firm signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates.



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CII seeks PM's intervention over drug price fixing

Industry chamber CII has sought Prime Minister Narendra Modi's intervention over "unilateral fixing" of drug prices by NPPA saying the exercise based on "an inequitable formula" has done collateral damage to indigenous industry.



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McDonald`s holds the beef in China meat scandal

McDonald`s outlets across China have yanked their flagship burgers from the menu, the company said Monday, as the American owner of a key supplier embroiled in an expired meat scandal offered consumers a personal apology.



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European stock markets strike mixed note

Europe`s stock markets diverged on Monday in mixed trading, ahead of a busy week for economic news, dealers said.



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Over Rs 3,350-cr worth NPAs with Union Bank of India

Union Bank of India has Non-Performing Assets (NPAs) worth about Rs 3,350 crore from 20 defaulters.



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HUL shares gain nearly 4% post earnings

Shares of FMCG major Hindustan Unilever Ltd Monday settled nearly 4 percent higher after the company reported 3.68 percent increase in standalone net profit for the first quarter ended June 30, 2014-15.



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Nissan quarterly profit soars on strong China demand

Nissan said Monday that its latest quarterly net profit soared 37 percent to USD1.1 billion, as strong demand in China and other key overseas markets offset weaker sales at home.



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FIIs may still buy around $135 bn of stocks in Nifty: UBS

Foreign investors have been buyers in Indian equity for every month for almost a year now but their quantum is not yet outsized and they can still buy around USD 135 billion of stocks in the wide-based benchmark index Nifty, an UBS research report said.



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HDFC Mutual Fund hikes stake in Gammon India to 6.31%

HDFC Mutual Fund has bought more than 85 lakh shares in Gammon India for Rs 23.35 crore taking its holding in the infrastructure firm to 6.31 per cent.



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Arun Jaitley to meet heads of PSU banks on Thursday

Finance Minister Arun Jaitley is scheduled to hold his first meeting with all the heads of the public sector banks on July 31 and is expected to impress upon them the need to lower interest rates for boosting growth.



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Religare Health Insurance launches three products

Religare Health Insurance Co Ltd (RHICL) has launched three new products namely 'Explore' for international travel insurance, 'Secure' that offers personal accident coverage and 'Enhance', a deductible health insurance plan.



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Sensex, Nifty slip to one-week lows as profit taking continues

Extending losses for the second day, equity benchmarks closed at one-week lows with the Sensex ending below the 26,000 mark and the Nifty ending at 7,748.70 as investors booked profits in recent out-performers in sectors including realty, metals, oil & gas.



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Diesel price: Centre calls meeting with states

A litre of diesel in Delhi costs Rs 57.84 while in Mumbai it costs Rs 66.01 and in rest of Maharashtra Rs 65.99. This difference is primarily because of higher local sales tax or VAT and levy of state specific taxes like octroi and entry tax on the fuel.



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RBI cancels licenses of six Delhi-based NBFCs

The Reserve Bank has cancelled the licenses of six Delhi-based non banking financial companies following which they would not be able to conduct business.



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Sensex down 135 points at one-week low on profit-taking

Sensex Monday fell for second straight day and ended 135.52 points down at a one-week low of 25,991.23 as investors booked profits in metal, oil&gas and realty shares after the recent rally.



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Gold price rises to Rs 28,370 on scattered buying

Marketmen said some buying by stockists and jewellers to meet the festive season demand mainly influenced gold prices but a weak trend in overseas markets capped the gains.



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Amazon plans 5 new warehouses in India

The FC in Chennai is already operational and the remaining four FCs will be operational next month, the statement added.



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FCI raises short-term loan of Rs 20,000 cr

The loan has been raised from various banks at interest rates in the range of 9.95-10.25 percent, sources said.



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Lenovo to take on Google Glass

The price of the new device and details will be available in October, PC world reported.



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DoD for OFS route for disinvestments, want hike in retail quota

The OFS is the most preferred route for stake sale and has evoked good response from investors and hence the government has decided to stick to it, sources said.



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HUL Q1 net up 3.68% at Rs 1,056.85 cr

Overall expenses in Q1 stood at Rs 6,466.52 crore, as against Rs 5,789.88 crore in the year-ago period.



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Turn your selfie into emoji with new app

A new iPhone app is here to turn your mugshot into a personalised emoticon.



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GE invests in three wind projects in India

The company is one of the leading investors in wind power, with projects spanning nine countries and a capacity of more than 13 GW in operation or under construction.



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Hindustan Unilever Q1 net profit rises 4%

Sales by India`s largest manufacturer of household products and consumer goods rose 13 percent to Rs 75.7 billion.



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Govt asks Coal India to cut e-auction volume

The Coal India Board will be holding a meeting on August 12 to discuss the possibility of lowering e-auction quantity.



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Govt starts dumping probe into chemical imported from China

The Directorate General of Anti-Dumping and Allied Duties (DGAD), an arm of the Commerce Ministry, has begun investigations into the matter.



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Nissan April-June net profit jumps 37% to $1.1 bn

The automaker is the first of Japan`s "Big Three" automakers to post their latest earnings, with Toyota and Honda reporting over the coming weeks.



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Chinese search engine Baidu mulling Google-like ''self-driven''Â

Deputy Director of a Baidu research group, Kai Yu revealed that the company is working on a highly autonomous car.



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Bank of Baroda Q1 net profit rises 16% on lower provisioning

The provisioning for bad loans and contingencies made by the bank were reduced to Rs 526.71 crore for the first quarter FY15, from Rs 1,017.86 crore in the year-ago period.



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Bharti Airtel crosses 300 million customers globally

The milestone includes customers across mobile, fixed line and direct subscriber line, and direct-to-home services.



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Oil prices drift lower in Asia

Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.



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GCPL Q1 net up 8% at Rs 143.45 cr

Consolidated net sales during the period under review stood at Rs 1,886.26 crore as against Rs 1,722.30 crore in the year-ago period.



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Adani's Australia coal mine project cleared, company welcomes decision

Hailing the decision, Adani Chairman, Gautam Adani said: " We welcome the Minister's approval of the Carmichael Mine and Rail project, which takes us another step closer to delivering our multi-billion dollar mine, rail and port development".



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Google Nexus to herald a big screen era

Google`s next flagship Nexus phone could be a huge 5.9-inch model called "Shamu".



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India's FII debt limit hike credit-positive: Moody's

Moody`s rates India with a "Baa3" rating, the lowest investment-grade rating, and a "stable" outlook.



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Bank of Baroda Q1 net profit up 16.5% at Rs 1,362 crore

The gross NPA was up 1.7 percent at Rs 12,087 crore, as compared to Rs 11,876 crore in the same quarter previous year.



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Hexaware appoints R Srikrishna as CEO

Srikrishna will take over the role from Vice Chairman and CEO P R Chandrasekar, Hexaware said in a statement.



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Jaiprakash to sell hydro plants to Reliance Power

The sale of Jaiprakash`s entire hydropower portfolio, which has an aggregate capacity of nearly 1,800 megawatts, would make Reliance the country`s largest private provider of hydroelectric power.



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Chinese smartphone OnePlus One to hit Indian market soon

In India, the 16GB smartphone, when launched, could be priced under Rs 20,000 which would put it directly against the Xiaomi Mi 3.



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Rupee down 2 paise at 60.12 against US dollar in early trade

Dollar's strength against other currencies overseas also weighed on the rupee but a higher opening in the domestic equity markets capped losses, dealers said.



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Sensex up 55 points in opening trade on Asian cues

Brokers said fresh buying by funds and retail investors, though selective, tracking a firming trend on the other Asian bourses helped trading sentiment to improve.



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Rupee opens flat at 60.09 against the US dollar

BSE Sensex was up 55.08 points, or 0.21 per cent, at 26,181.83 in early trade on Monday.



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Nikkei hits 6-month high on earnings hopes; casino plays outperform

By the middday break, the benchmark Nikkei was up 0.5 percent at 15,530.29, its highest level since Jan. 23, reversing early losses that followed Friday`s weakness on Wall Street.



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JD.com to sell Microsoft's Xbox One in China

China Telecom said it would sell the Xbox One when released in September.



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Australia approves Adani's A$16.5 bn Carmichael coal project

The Australian government on Monday approved Indian firm Adani Mining Pty Ltd`s A$16.5 billion ($15.5 billion) Carmichael coal and rail project in Queensland.



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Best smartphones under Rs 15,000

Buying a smartphone on a tight budget is always difficult. You want to get the best at the cheapest price possible. Besides, given the wide of range of good smartphones at tempting prices in the market, choosing the right budget-phone becomes all the more harder.



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Wipro chairman Premji meets Telangana CM K Chandrasekhar Rao

Telangana state would soon emerge as the most convenient place for national and international companies to invest, Telangana Chief Minister K Chandrasekhar Rao said Sunday.



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'Govt, bank mgmts not making serious efforts to recover NPAs'

The Bank Employees Federation of India (BEFI) Sunday came down heavily on the central government and the bank managements over accumulation of Non-Performing Assets (NPA) to the tune of Rs 2 lakh crore.



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Reliance Power to acquire all hydro projects of Jaypee group

Anil Ambani Group firm Reliance Power Sunday said it has signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates Ltd.



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Chowdary tipped to be new CBDT chief

Senior IRS officer K V Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes (CBDT), the apex authority of the Income Tax department.



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Average CEO salary at top Sensex firms near Rs 10-cr

The average CEO pay at India's top listed companies has risen to Rs 10 crore a year, but still remains less than one-tenth of over Rs 100 crore median remuneration paid to their peers in the US.



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Facebook launches bookmarking feature 'Save'

Facebook has launched a new tool that lets users store links from News Feed and Facebook Pages for places, events, movies, TV shows, and music to a list where they can view them later.



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Discoms to challenge APTEL order on Adani Power, Tata Power

Electricity distribution companies of states like Gujarat and Maharashtra are likely to appeal against sector tribunal's order allowing power producers to recover increased imported fuel cost from March 2013.



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Wipro to expand operations in Visakhapatnam

IT major Wipro plans to expand its operations in coastal city of Visakhapatnam in Andhra Pradesh with an investment of Rs 500 crore.



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India's Sovereign rating to remain stable: Morgan Stanley

India's Sovereign credit rating is expected to remain stable over the next 12-month period, brokerage firm Morgan Stanley said in its research report.



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FII inflows hit $5 bn in July; cross $25 bn so for this year

Betting big on the government's reforms agenda, overseas investors have poured in more than USD 5 billion in the Indian market so far this month taking the total inflow to over USD 25 billion since January.



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Google mapping comes under CBI scrutiny

CBI has registered a preliminary enquiry (PE) against Internet giant Google over Mapathon 2013, an event organised by the US company, for allegedly violating laws by mapping sensitive areas and defence installations, prohibited by law.



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Cairn seeks ONGC nod to extend Rajasthan block permit beyond 2020

Sources said as a licensee, ONGC has concerns on royalty which it would be like to be addressed at the time of extension.



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Is mobile wallet a distant dream in India?

The technology is used and present in some forms in some African nations as well as countries like Brazil, Bolivia, Costa Rica, and Singapore.



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Thomas Cook, Sterling Holiday merger deal gets BSE, NSE nod

The deal would give Thomas Cook access to Sterling Holiday's 19 properties in 16 holiday destinations across India.



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Tomato prices continue to soar, touch Rs 100 per kg in Delhi NCR

The wholesale prices of tomato at Azadpur Mandi are hovering at Rs 45-55 per kg.



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Maruti hikes Celerio AMT output, looks to cut waiting period

MSI had increased monthly production of Celerio with AMT option to 6,500 units now from about 4,500 units when it was launched.



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Gold smuggling may rise if customs duty not lowered: Experts

In 2013, the government had hiked the Customs duty on gold in phases to 10 percent to control gold import and to bring down the CAD.



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Facebook extends closing of WhatsApp acquisition by a year

Facebook said the acquisition is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second half of 2014.



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Jaitley to address RBI board on August 9

It has been a custom that the Finance Minister addresses RBI board, consisting of RBI Governor and existing three deputy governors, after the Budget.



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SEBI steps up ponzi clampdown; cracks whip on 10 in a month

The Securities Laws (Amendment) Bill, 2014, which would empower Sebi to crack down on ponzi schemes and investment frauds, was approved by the Cabinet last week.



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New camera sees around corners without using a mirror

Scientists have developed a novel camera system which can see around the corner without using a mirror.



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GoAir Q1 traffic up 21% to 1.7 mn on non-metro push

The Wadia group airline operates across 21 routes with over 975 flights and around 2,000 connections a week.



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NTPC Bangladesh power JV to be operational by FY18

The plant is likely to consume around 8 million tonnes of coal every year and the entire generation will be based on coal imported into Bangladesh.



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Air Costa to enhance connectivity on Chennai-Madurai sector

The Vijaywada-headquartered regional carrier, which commenced operations last October, aims to break even by next fiscal on the back of an expanded route network and fleet.



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Exim Bank wants RBI to hike its leverage ratio by 50%

Currently, RBI allows the Exim Bank to leverage only 10 times of its net-owned funds, which it wants to be hiked to at least 15 times.



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AI systems integration with Star Alliance: SITA completes technical requisites

It also provides passengers with an efficient online booking engine, kiosk check-in and web check-in, a SITA statement said.



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Ashok Leyland to launch 'Jan Bus' in Kolkata this week: MD

Commercial vehicle maker Ashok Leyland has lined up a number of new launches this fiscal which include the formal launch of 'Jan Bus' in Kolkata on July 30.



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Central Bank to sell 4% stake to LIC for Rs 581 cr

The government has earmarked only Rs 11,200 crore for fund infusion into public sector banks this current fiscal, down from Rs 14,000 crore last fiscal.



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Tomato prices continue to soar; touches Rs 100 per kg in Delhi NCR

The wholesale prices of tomato at Azadpur Mandi are hovering at Rs 45-55 per kg.



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Office space absorption up 11% in Delhi-NCR

DTZ describes take-up as floor space acquired for occupation that includes offices let to an eventual occupier and developments pre-let or sold.



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QFIs exempted from paying fees to convert to FPI structure

All existing Foreign Institutional Investors (FIIs) and their sub-accounts are required to pay USD 1,000 to obtain registration certificate to act as an FPI.



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Top-seven firms add Rs 76,793 cr in market valuation

ONGC, SBI and ICICI Bank, however, suffered losses in their market valuation.



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Stock markets may see volatile trading amid derivatives expiry

Investors will also watch progress of monsoon, investment trend by overseas investors, oil price and movement of rupee against the dollar.



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Coal India yet to sign fuel supply pacts with 12 power units

Tapering linkage is short-term fuel linkage provided to those consumers who have been allocated captive coal blocks but which could not be developed on time.



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Govt may ask Volvo makers to put fuel tanks in centre to avoid mishaps

The recommendations for change in bus designs has been given by a high-level panel probing two accidents involving Volvo buses last year.



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Royal Jordanian to shut down Delhi, Mumbai flights

With the closure of the three destinations, the RJ routes will count 51.



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China's industrial profits up 11.4%

Out of the total 41 industrial sectors, profits of 35 sectors rose, one remained flat and five dropped in the first half from the same period last year.



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Amazon's far-reaching ambitions, lack of profits, unnerve investors

Its increasing share of the retail dollar is still a big selling point for investors.



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Alpha Bank: Οι τράπεζες να περάσουν στον ιδιωτικό τομέα

Αναλυτές της Alpha Bank, στο οικονομικό δελτίο που εκδίδει η τράπεζα σημειώνουν ότι «Μετά την έγκριση από την Ευρωπαϊκή Επιτροπή των

προγραμμάτων αναδιάρθρωσης της Τραπέζης Πειραιώς, της Εθνικής Τραπέζης και της Alpha Bank είναι αναγκαίο να προχωρήσουμε στο επόμενο βήμα. Στην περαιτέρω ενίσχυση της ανεξαρτησίας της λειτουργίας των ελληνικών τραπεζών με έγκαιρη αναβάθμιση του ιδιοκτησιακού τους ελέγχου από τον ιδιωτικό τομέα».

Σύμφωνα με τις επισημάνσεις τους, «αυτό μπορεί τώρα να προωθηθεί έγκαιρα και προγραμματισμένα, σύμφωνα με την Alpha Bank, με εκμετάλλευση του ισχυρού επενδυτικού ενδιαφέροντος που ήδη εκδηλώνεται για τις ελληνικές τράπεζες και απεικονίζεται στην αξία των δικαιωμάτων αγοράς (warrants) των μετοχών τους, που είναι σήμερα στην κατοχή του ΤΧΣ».

«Μια τέτοια εξέλιξη», επισημαίνουν, «θα επιτρέψει στις τράπεζες να επικεντρώσουν περισσότερο την προσοχή τους στην κατ' εξοχή τραπεζική τους δραστηριότητα, με αποτελεσματική υλοποίηση των εγκριθέντων επιχειρηματικών τους προγραμμάτων για την ενίσχυση της αποδοτικότητάς τους και για την αποτελεσματικότερη χρηματοδότηση της ελληνικής οικονομίας. Θα συμβάλει στην επίσπευση της ανάκαμψης και ανάπτυξης της οικονομίας και στην αύξηση της απασχόλησης, ταυτόχρονα με την μεγιστοποίηση της αξίας των συμμετοχών του ΤΧΣ στο τραπεζικό σύστημα που πράγματι θα ανακτηθεί».

Τι είναι οι... e-καταθέσεις, ποιοι τις διαθέτουν και πώς θα κερδίσεις από αυτές

Οι τράπεζες προσφέρουν δελεαστικά επιτόκια και ευκολίες για e-καταθέσεις. Δωρεάν συναλλαγές και προγράμματα επιστροφής χρημάτων είναι συνήθεις προσφορές των τραπεζών για τους… ηλεκτρονικούς πελάτες. Ποιοι είναι οι λογαριασμοί των τραπεζών και τι εξασφαλίζουν;

Στο αναλυτικό αφιέρωμα που δημοσιεύεται σήμερα στην εφημερίδα «Παραπολιτικά» αναφέρονται τα εξής!
Έναν νέο τρόπο προσέλκυσης καταθέσεων «ανακάλυψαν» οι τράπεζες, οι οποίες παρά την ανακεφαλαιοποίηση τους παραμένουν πιστές στο κυνήγι των μετρητών. Στόχος τους το κοινό που διαθέτει ρευστότητα και δεν είναι διατεθειμένο να αναλάβει κάποιο ρίσκο επενδύοντας σε μετοχές, ομόλογα ή ακόμη και σε ακίνητα, αφού για αυτό προέχει η ασφάλεια της επένδυσης και δευτερευόντως η υψηλή απόδοση. Μάλιστα για να γίνει ακόμη πιο δελεαστικό το πακέτο, εκτός από τις αποδόσεις συμπεριλαμβάνονται δωρεάν συναλλαγές και προγράμματα επιστροφής χρημάτων. Αυτός ο νέος τρόπος λοιπόν είναι το e-banking μέσω του οποίου τα ελληνικά πιστωτικά ιδρύματα προσφέρουν υψηλότερα επιτόκια για τις καταθέσεις, το ελάχιστο κεφάλαιο που απαιτείται είναι κατά πολύ χαμηλότερο από την «κλασική» προθεσμιακή κατάθεση, ενώ συνδυάζονται με προνόμια σε όσους διαχειρίζονται τα χρήματά τους ηλεκτρονικά και χρησιμοποιούν τις on - line υπηρεσίες.