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Unilever lowers sales growth forecast on South Asia slowdown

Anglo-Dutch consumer giant Unilever warned Tuesday that sales will grow below expectations for 2019, due largely to a slowdown in South Asia. The firm said...

Saudi Aramco hits Crown Prince’s $2 trillion goal despite valuation doubts

Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up...

Reliance to develop petrochemical facility in UAE

Reliance Industries and Abu Dhabi National Oil Company (ADNOC) on Tuesday signed an agreement to explore setting up of a facility in UAE to...

Indian banks need $7 bn additional capital to cover for bad loans: Fitch

Indian banks need an additional USD 7 billion (Rs 50,000 crore) equity by 2020-21 to support loan growth and cover for bad loans, Fitch...

After Airtel and Vodafone hike rates, Jio follows with up to 40% higher tariffs

Reliance Jio on Sunday said it will launch new unlimited plans from December 6, which will raise its voice and data tariff by up...

India’s Q2 GDP growth dips to over 6-yr low of 4.5 manufacturing farm sectors weigh

India's GDP growth hit an over six-year low of 4.5 per cent in July-September 2019, dragged mainly by deceleration in manufacturing output and subdued...

Mukesh Ambani becomes 9th richest person globally as RIL stocks rally

With a net worth of $60 billion, Reliance Industries chief Mukesh Ambani has been ranked the 9th richest person globally, according to 'The Real-Time...
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