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UTI AMC submits bid to handle PF corpus
Rs. 1.55 lakh crore will have to be managed

RCom Q4 net profit up 47%
Plans to list subsidiary, Reliance GlobalComm, on the London exchange

New price index by year-end
NEW DELHI: With the method of calculating inflation drawing flak from various quarters, the Central Government will bring in a new and bigger Wholesale Price Index by this year-end, besides giving actual prices from next month. The new ...

Sensex down 91 points ahead of FED meet
MUMBAI: The markets closed weak on Wednesday with the benchmark Sensex on the Bombay Stock Exchange losing 91 points even as all eyes are on U.S. Federal Reserve meeting. The Bombay Stock Exchange 30-share bellwether settled the day ...

Trent buys out Hemu’s stake in Landmark
CHENNAI: Tata-owned retailer Trent has bought out Hemu Ramaiah’s stake in Chennai-based Landmark for an undisclosed sum. Ms. Ramaiah held 24 per cent stake. Confirming the stake sale, Ms. Ramaiah told this correspondent that she ...

Dr. Reddy’s to buy BASF’s U.S. facility
HYDERABAD: Dr. Reddy’s Laboratories announced here on Wednesday that it had signed a definitive agreement to acquire $43 million BASF’s pharmaceutical contract manufacturing business and related facility in Shreveport, Louisiana, ...

ABN AMRO launches ‘Go Card’
NEW DELHI: ABN AMRO and India’s travel portal MakeMyTrip.com on Wednesday launched a distinctive co-branded credit card, ‘Go Card’. The card offers travellers exclusive reward benefits and a comprehensive range of ...

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