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Monthly Passenger Vehicle Sales Log Worst-Ever Drop In August

This is the worst-ever fall for both the categories since SIAM started recording the data in 1997-98.   The country’s monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body on Monday, highlighting the continued slowdown in...
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Sensex, Nifty Edge Lower On Weak Earnings

Bengaluru:  Domestic shares lost steam and moved lower on Monday clouded by weak corporate results, while bond yields fell after the Finance Minister’s comments in a media interview that the government did not intend to review its overseas borrowing plan. The broader NSE Nifty fell 0.4 per cent...
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Rupee at day’s low, trades at 69.43 per dollar

Representative image The Indian rupee is trading at day’s low level, as it is down 9 paise at 69.43 per dollar against previous close 69.34. On June 12 the rupee ended 10 paise higher at 69.34 which is the second straight session of gains on the back of easing...
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Buy Tech Mahindra; target of Rs 900: Motilal Oswal

  We hosted Manoj Bhat, CFO of Tech Mahindra, in Mumbai where he shed some light on the industry environment and TECHM’s outlook and strategic approach. Key highlights: Telecom is back on the growth trajectory due to multiple broad- based services deals. Action on the 5G rollout front...
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JBM Auto jumps 5% on better Q4 show

Shares of JBM Auto gained 5 percent intraday Tuesday after company reported better numbers in the fourth quarter ended March 2019. The company’s Q4 consolidated net profit rose 13.4 percent at Rs 23 crore against Rs 20.2 crore in the same quarter last year. Revenue of the company was up...
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