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HCL Tech Q2 net profit up 16.1% to Rs 2,540 crore

Software services major HCL Technologies Tuesday posted a 16.1 per cent increase in consolidated net profit to Rs 2,540 crore for the September 2018 quarter. The company had registered a net profit of Rs 2,188 crore in the year-ago period. Its revenue grew 19.5 per cent to Rs...
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Task cut out for Vodafone Idea as it moves to leverage synergies

Vodafone Idea has more than 408 million subscribers and 32% revenue market share. Photo: Reuters A month after Vodafone India Ltd and Idea Cellular Ltd merged to form India’s largest telecom operator, various integration challenges have emerged ranging from trimming excess mobile sites and rationalising human resources even...
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How A Young, New, Female Boss Took Over Her Male-Dominated Company

Introducing our new podcast, Problem Solvers with Jason Feifer, which features business owners and CEOs who went through a crippling business problem and came out the other side happy, wealthy, and growing. Feifer, Entrepreneur’s editor in chief, spotlights these stories so other business can avoid the same hardships. Listen below or click here...
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M&M introduces Intelli-Hybrid Technology on Scorpio

Mumbai, Sep 27 (IANS) Automobile manufacturer Mahindra & Mahindra (M&M) on Tuesday said it has introduced its new mild hybrid technology ‘Intelli-Hybrid on the New Generation Scorpio with 1.99 litre mHAWK engine for Delhi and NCR (national capital region). The company said the Scorpio with Intelli-Hybrid is available...
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Grim future for small telcos like Aircel, Telenor India

KOLKATA: Reliance Jio’s entry with disruptive offers of free voice calls, roaming and possibly the world’s cheapest data plans will push smaller mobile service providers such as Aircel, Telenor India, Tata TeleservicesBSE -0.97 % and Reliance Communications to the fringes, if not to exit altogether, analysts say “In...
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New form for ASBA in place

With a checklist regime kicking in for initial public offerings (IPOs), capital markets regulator the Securities and Exchange Board of India (SEBI), has put in place a new form for ASBA (Application Supported by Blocked Amount) facility. ASBA facility has become mandatory for all categories of investors applying...
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