Softbank-backed online retailer Snapdeal has shelved its IPO plan in view of weak market conditions and especially a rout in tech shares. The ecommerce firm was in advanced stage of planning to issue
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Investments in mutual funds through systematic investment plans (SIPs) touched an all-time high of Rs 13,306 crore in November, which primarily shows the confidence of retail investors in MF sector.
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India aims to appoint a private sector professional as the first chief executive of the Life Insurance Corporation of India in an effort to modernise its largest insurer after a disappointing stock ma
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Insurance sector regulator Irdai has come up with a proposal to increase coverage duration of motor insurance so that vehicle owners do not have to renew their vehicle insurance policies every year. I
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Business
No proposal to induct solar train as of now; 452 railway projects, worth Rs 7 lakh crore, in planning/sanction/execution stages
As many as 452 railway projects across Indian Railways of total length of 49,323 km and costing approx. Rs 7.33 lakh crore are in different stages of planning/sanction/execution as on April 1, 2022.
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Equity benchmarks Sensex and Nifty closed the volatile session higher on Thursday after election trends showed the ruling BJP would return to power in the key state of Gujarat. Usually, markets seek
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