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Just in:   • Market Rebound: Sensex surges 1,265 points to reclaim 31,000  • ndianOil ties up LPG imports, fully geared for higher gas demand  • Truly rare situation now, rebound can be robust: Fed Chair on US economy  • French watchdog tells Google to pay news firms for using their content  • Arrival of wheat, onion, potato, mango, banana dips 50-95% in lockdown 
Last updated: 05 Sep, 2017  
 Industry News


ndianOil ties up LPG imports, fully geared for higher gas demand
SME Times News Bureau | 09 Apr, 2020
Indian Oil Corporation (IndianOil) has tied up higher LPG imports for April and May to ensure uninterrupted availability of bulk cooking gas fuel for its bottling plants and meet additional demand in the course of Covid-19 crisis.
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Adani Gas reduces prices of CNG, Domestic PNG
SME Times News Bureau | 08 Apr, 2020
Adani Gas Ltd. (AGL), the city gas distribution business of the Adani Group, has announced reduction in the prices of Compressed Natural Gas (CNG) and Domestic Piped Natural Gas (PNG) across its various geographical areas with effect from April 9.
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'RIL may gain market share in oil & gas industry post Covid-19'
SME Times News Bureau | 08 Apr, 2020
Reliance Industries Lts (RIL) is likely to gain market share in the energy segment after the coronavirus crisis is over, according to a report by Morgan Stanley.
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Vedanta starts limited operation of its value added biz in Goa
SME Times News Bureau | 08 Apr, 2020
Vedanta has started limited operation of its value added business in Goa conforming to the advisories issued for such operations during the time of COVID-19 lockdown
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Essar Ports' cargo handling grows 23% in FY20
SME Times News Bureau | 08 Apr, 2020
Essar's Ports business, which operates four terminals on the east and west coasts of India, has registered a 23.5 per cent growth in cargo volumes in FY20, with a throughput of 49.22 million tonnes (MT).
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Bharti AXA Life Insurance appoints Parag Raja as MD & CEO
SME Times News Bureau | 08 Apr, 2020
Leading private insurer Bharti AXA Life Insurance today announced the appointment of Parag Raja as Managing Director and Chief Executive Officer of the company, subject to the requisite IRDAI approval.
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OYO announces furlough in select global markets; India safe
SME Times News Bureau | 08 Apr, 2020
As the travel and hospitality industry goes through a near-standstill scenario amid the coronavirus crisis, hospitality major OYO on Wednesday announced furloughs or temporary leaves of 60-90 days for its employees in the US and select other markets, while keeping its staff in India untouched from the move
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SBI reduces MCLR by 35 basis points across all tenors
SME Times News Bureau | 07 Apr, 2020
Lending major State Bank of India (SBI) on Tuesday reduced the marginal cost of funds-based lending rate (MCLR) by 35 basis points across tenors.
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Over 50% luxury homes launched in last 3 years stays unsold
SME Times News Bureau | 07 Apr, 2020
Demand for luxury homes stays muted as more than half of the high-end units launched in the past three years in over nine prime Indian residential markets have remain unsold, according to a report by PropTiger.com.
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'Invested Rs 3,707 cr for 50 pc in solar JV with Adani'
SME Times News Bureau | 07 Apr, 2020
French oil and gas group, TOTAL SA on Tuesday said that through its step-down subsidiary it has invested Rs 3,707 crore for 50 per cent partnership with Adani Green Energy Ltd (AGEL) in a joint venture (JV).
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 10 Apr, 2020
  Daily Poll
Ease of doing business improved in last one year
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  Commented Stories
» China's forex reserves reach USD 2.85 trillion(6)
» Late payment: RBI move not enough for SMEs(3)
» Digital learning firms likely to reap the most of lockdown(1)
» Fund set up for MSMEs to tackle COVID-19 effects(1)
 
 
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