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Investors become richer by nearly Rs 7 lakh cr in a day on FM’s tax booster

Investor wealth on Friday zoomed a whopping Rs 6.82 lakh crore in single day as equity markets rallied, with the Sensex skyrocketing 2,284 points...
Business

Britain to investigate $5 billion US takeover of defence firm Cobham

Britain will investigate the national security impact of the purchase of defence company Cobham by US private equity firm Advent International, potentially delaying or even...
Business

Sony rejects Loeb’s proposal for chip business spin-off

Sony Corp said on Tuesday it was rejecting a call by Daniel Loeb's activist hedge fund Third Point LLC to spin-off its chips business,...
International Business

London Stock Exchange flatly rejects Hong Kong’s $39 billion takeover offer

The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion takeover offer on Friday, opting to stick with its planned purchase of...
Business

India’s economic growth ‘much weaker’ than expected: IMF

India's economic growth is "much weaker" than expected, the IMF said on Thursday, attributing the reasons to corporate and environmental regulatory uncertainty and lingering...
Business

Facebook counters Ambani says data is not new oil shouldn’t be hoarded within nations

Countering richest Indian Mukesh Ambani, Facebook Inc on Thursday said data is not the new oil, and countries like India should allow its free...
Business

China to exempt 16 categories of US products from tariffs

China announced Wednesday it would exempt 16 categories of products from US tariffs, ahead of a fresh round of trade talks next month. China...
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