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How WhatsApp Will Roll Out Its Payment Service In India
Agence France-Presse | Friday November 06, 2020The Facebook-owned firm said it was launching Whatsapp Pay just hours after it was given permission by the country's payments regulator. -
Sensex Rises Over 400 Points, Nifty Above 12,200 Led by Reliance Industries
Edited by Abhishek Vasudev | Friday November 06, 2020Fifteen of 19 sector gauges compiled by the BSE were trading higher led by the S&P BSE Energy index's nearly 3 per cent gain. -
Fed Keeps Policy Steady As Biden Inches Closer To Victory
Reuters | Friday November 06, 2020Powell said the Fed is only now beginning to consider whether it needs to extend various emergency credit facilities beyond their December 31 expiration. -
Reliance Industries Gains Over 3% After Saudi Wealth Fund Invests In Retail Arm
Edited by Abhishek Vasudev | Friday November 06, 2020With PIF's latest investment Reliance Retail Ventures has raised Rs 47,265 crore from leading global investors. -
Rupee Rises 44 Paise To 73.92 Against Dollar In Opening Trade
Edited by Nikita Prasad (with inputs from agencies) | Friday November 06, 2020The domestic unit opened at 73.99 against dollar, gained further ground, and touched 73.92, registering a rise of 44 paise over its previous close. -
No Change In Petrol, Diesel Prices In Metros Today
Edited by Sandeep Singh (with inputs from agencies) | Friday November 06, 2020Fuel Price In India Today: In Delhi, the price of petrol remained at Rs 81.06 per litre and that of diesel at Rs 70.46 per litre, according to notifications from state-run Indian Oil Corporation. -
Market Latest Updates: Sensex, Nifty Gain Over 1% As Markets Extend Rally To Fifth Day
Edited by Sandeep Singh (with inputs from agencies) | Friday November 06, 2020Share Market Latest Updates: Reliance Industries, HDFC Bank and HDFC were the biggest contributors to the gain in Sensex. -
"As Easy As Sending Message": Zuckerberg As WhatsApp Pay Starts In India
Suvashree Ghosh and Kurt Wagner, Bloomberg | Friday November 06, 2020WhatsApp has the potential to compete with the leaders and reshape digital payments in India -- a market slated to grow to $1 trillion by 2023. -
Saudi Arabia's Wealth Fund Buys 2.04% Stake In Reliance Retail Ventures
Reuters | Thursday November 05, 2020The PIF said the investment would strengthen the fund's presence in the Indian economy and retail market. -
Saudi Arabia's Investment Fund To Invest Rs 9,550 Crore In Mukesh Ambani's Reliance Retail Ventures
Edited by Nikita Prasad | Thursday November 05, 2020Public Investment Fund (PIF) of Saudi Arabia will invest ₹9,555 crore for an equity stake of 2.04 per cent in Reliance Retail Ventures Limited (RRVL). -
Banks Show Revival In Loan Growth Amid Concerns
Reuters | Thursday November 05, 2020Several lenders including State Bank of India, the country's largest lender and HDFC Bank, India's most valuable bank by market capitalisation saw demand for housing and vehicle loans return to near pre-pandemic levels in the quarter ended September. -
As Sales Decline, Suzuki Expects Annual Profit To Shrink By A Quarter
Reuters | Thursday November 05, 2020Suzuki's Indian car sales in the first half of the year fell 36 per cent to 432,000 vehicles, and dipped in other markets, including Japan, Indonesia, and Europe as people stay away from dealerships. -
PVR, Inox Share Prices Settle At Record High As Cinema Halls Reopen in Maharashtra
Edited by Nikita Prasad (with inputs from agencies) | Thursday November 05, 2020During the day, PVR share price surged 9 per cent to₹1,212.50 apiece while those of Inox Leisure jumped over 5.5 per cent to ₹279.40 apiece.The Maharashtra government has allowed cinema halls, multiplexes as well as drama theatres to operate with a 50 per cent seating capacity. -
Sensex, Nifty Settle Near Nine-Month Highs On Broad-Based Buying Interest
Written by Abhishek Vasudev | Thursday November 05, 2020Mid- and small-cap shares witnessed strong buying interest as S&P BSE MidCap and S&P BSE SmallCap indices also rose nearly 2% each. -
Loan Relief: RBI Urges Top Court To Lift Interim Order Banning Declaration Of Bad Loans
Press Trust of India | Thursday November 05, 2020In a relief to stressed borrowers who are facing hardships due to the impact of COVID-19 pandemic, the apex court had passed the interim order on September 3.
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