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hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Hudco lists at 22% premium to issue price

The Hudco IPO was oversubscribed 79 times; the share listed at Rs 73.45 on the BSE. May 19, 2017
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Stock markets end trading on a flat note after a day of volatile trading

State Bank of India's Q4 net profit rises 122% YoY to Rs 2,815 crore from Rs 1,264 crore.; net NPA at 3.74 percent; shares up 1.55 percent. May 19, 2017
sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

State Bank of India Q4 results: Will SBI declare bonus shares, the first in its history?

State Bank of India (SBI) will be declaring its Q4 and FY2017 results on Friday; shareholders would hope for a bonus issue, the first in the bank's history. May 18, 2017
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Quess Corp beats TCS, Infosys, Wipro in hiring

Business services provider Quess Corp hired more than TCS, Infosys and Wipro did in 2016-17, apart from posting upbeat results. May 18, 2017
Cisco systems

Cisco Systems to lay off 1,100 employees as part of restructuring plan

Cisco Systems announced on Wednesday that it would lay off 1,100 employees. The company, based in San José, California, had announced 5,500 job cuts in August 2016. May 18, 2017
sense, nifty live updates, budget 2017, economic survey 2017, idea cellular share price

Sensex, NSE trading in the red; crucial GST Council meeting to finalise rates begins today

Both Sensex and Nifty were trading with losses, tracking global sell-off; 14th GST Council meeting begins today. May 18, 2017
JSW Cement, Shiva Cement

JSW Steel Q4 net profit rises three-fold, revenues up 60%

For the fourth quarter (Q4) ended March 2017, JSW Steel's standalone net profit stood at Rs 1,003 crore and total income at Rs 16,952 crore. May 17, 2017
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Hindustan Unilever net profit, revenues rise modestly for March quarter

Standalone net profit and revenues grew 6 percent in Q4, Hindustan Unilever said in a statement to the BSE on Wednesday. May 17, 2017
wipro, wipro unveils new logo, wipro ceo abidali neemuchwala, wipro chairman azim premji

Wipro launches blockchain-based solutions

The Bengaluru-based IT company says the solutions were defined, designed and co-developed with clients at Wipro's Blockchain Innovation Lab. May 17, 2017
india news, indian startups, why startups fail in india, fintech companies in india, ibm report on startups

Over 90% startups in India fail in first five years: IBM

Startups in the country are facing funding roadblocks both at entry and exit stages. May 17, 2017
RIL asks its 40,000  employees asked to switch from Airtel, Vodafone to Jio

Mukesh Ambani tops Forbes list of Global Game Changers

Reliance Industries chairman Mukesh Ambani successfully forayed into mobile telecom with Reliance Jio last year and has many other achievements to his credit, says the Forbes List of Global Game Changers. May 17, 2017
paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Paytm Payments Bank to commence operations from May 23

In a communication, One97 Communications says Paytm Payments Bank has received final licence from RBI. May 17, 2017
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Tata Steel leads Sensex rally, up 8% after upbeat Q4 results

Fourth quarter (Q4) profit before exceptional item rose sharply to Rs. 3,352 crore, revenues were up 30 percent on higher output and pricing for Tata Steel, triggering a rally in share price. May 17, 2017
IBM

IBM India refutes reports of mass layoffs in the coming months; appraisal may affect a few

IBM India has about 1,50,000 employees in the country and it was earlier said that about 5,000 of them were likely to be shown the door in the next few months. May 17, 2017
rbi, impact of demonetisation, impact of note ban, indian economy, rbi updates on note ban, pm modi, uttar pradesh election results 2017, congress, indian opposition parties

Small businesses suffer as India's bruised banks sit on deposits

Banks' worsening asset quality is making them reluctant to grant new loans, especially to small- and medium-sized enterprises (SMEs). May 17, 2017
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