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Business

Govt cuts LIC IPO size to 3.5%, issue to hit markets in May 1st week: Sources

New Delhi: The government is likely to cut the size of the initial public offering of LIC to 3.5 per cent to raise around Rs 21,000 crore from the issue which would hit the capital markets in the first week of the next month.


Maruti hikes prices to offset impact of rising input costs

The country's largest carmaker Maruti Suzuki India (MSI) on Monday said it has increased prices of its entire model range with immediate effect in order to partially offset the impact of rise in input costs.


LATEST HEADLINES

US rules out use of nuclear weapons against Iran


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RR amass 150/3 against MI in rain-truncated game


Kerala polls: Vijayan, Revanth Reddy trade barbs as campaigning ends


Two killed as bus hits motorbike


Odisha: Two girls drown while bathing in village pond


Bengaluru: CCB police busts black marketing of IPL tickets, 11 arrested


Unreserved vacancies for candidates with disabilities open for all categories: SC


Bengal polls: Mamata Banerjee backs Jyotipriya Mallick as TMC's candidate from Habra


Trump warns ‘whole civilisation will die tonight''




Maruti Suzuki to hike vehicle prices this month

The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs.

Suddenly, Tesla's Elon Musk is Twitter's biggest stakeholder

 Elon Musk has taken a 9% stake in Twitter to become its largest shareholder after raising questions about the social media platform's dedication to free speech.

IndiaMart.com, 4 other Indian markets figure in US Notorious Markets List

Washington: India's popular e-commerce website IndiaMart.com and four other markets, including New Delhi's famous Palika Bazaar, have figured in the latest annual list of the world's notorious markets released by the US Trade Representative.

 

Sebi bars Reliance Home Finance, Anil Ambani, 3 others from securities market

New Delhi: Sebi on Friday restrained Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals from the securities market for allegedly siphoning off funds from the company.

 

Hyundai regrets offense caused to people of India after backlash on Pak distributor's Kashmir tweet

 South Korean auto major Hyundai Motor Company on Tuesday regretted the offense caused to Indians by "unauthorised Kashmir-related social media posts" by its distributor in Pakistan and said the action was against its global policy.

Meta, formerly Facebook, faces historic drop as stock tanks

New York: Shares in Facebook parent company Meta are in the midst of their worst day ever Thursday after the social media giant reported a rare decline in profit due to a sharp increase in expenses as it invests heavily in its transformation into a virtual reality-based company.

RBI to introduce digital rupee in FY23 to boost digital economy, better currency management

New Delhi, Feb 1: The Reserve Bank of India (RBI) will introduce digital currency in the next financial year beginning April 2022 to boost the digital economy and efficient currency management, Finance Minister Nirmala Sitharaman proposed in her Budget 2022-23 speech on Tuesday.

 

Google to invest USD 1 billion in Airtel; to buy 1.28 pc stake for USD 700 mn

Internet major Google will invest USD 1 billion in telecom major Bharti Airtel which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.

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