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News Roundup: SpiceJet plans to conclude minority stake sale by April
SpiceJet Ltd, India’s second-largest low-fare airline, plans to sell a minority stake to investors and sign an interline agreement with ......
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SBI partners with MartJack to launch horizontal e-com marketplace; what’s the point?Little Eye had multiple buyout offers from global firms ......
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BJP debates scrapping income tax as poll nears
The opposition Bharatiya Janata Party (BJP) is considering a measure to scrap, or reduce, income tax as a plank in ......
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News Roundup: Blackstone, Panchshil Realty bid $30M for Citi's BKC property
Pune-based Panchshil Realty and US-based private equity giant Blackstone have emerged front-runners for buying Citibank’s old headquarters at the Bandra-Kurla ......
TMT
Infosys beats estimate with 21% rise in PAT for Q3
Infosys Ltd raised its sales growth outlook for the year after posting a higher-than-expected 21 per cent rise in quarterly ......
General
The math behind Jayalalithaa's prime ministerial ambitions
Tamil Nadu Chief Minister Jayalalithaa wants to be prime minister. "From Fort St George (the legislative assembly of Tamil Nadu) ......
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Simon Cooper, MD, Marriott International Asia Pacific on why he is still bullish about India despite regulatory hurdles
Marriott International, which operates more than 3,800 properties globally, is one of the oldest and most respected hotel brands in ......
TMT
Carnival Group plans to invest $65M to expand multiplex chain
Multiplex chain Carnival Cinemas, which is a part of Carnival Group, is planning to invest around Rs 400 crore ($65 ......
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RBI raises loan-to-value ratio for gold loan firms to 75%
The Reserve Bank of India (RBI) has raised the loan-to-value (LTV) ratio for the non-banking finance companies lending money against ......
Healthcare
Govt retains 100% FDI in pharma but says non-compete clause for sellers only in special cases
The Indian government has decided to retain the existing policy for foreign direct investment (FDI) which allows 100 per cent ......
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