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NLC India to invest Rs 17,000 cr in coal blocks in Odisha

NLC India to invest Rs 17,000 cr in coal blocks in Odisha

NLC India's integrated project with huge green cover will ensure uninterrupted electricity to lakhs of households and commercial establishments through NLC's 3,200 MW Talabira Thermal Power Project in Odisha and NLC Tamil Nadu Power Limited's 1,000 MW project. This will attract thousands of direct and indirect job opportunities, the official said.

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CAA protests: Multiple metro stations in Delhi closed

CAA protests: Multiple metro stations in Delhi closed

Delhi Traffic Police said in a tweet that the vehicle movement was closed from Okhla Underpass to Sarita Vihar due to the agitation. Vehicles coming from Badarpur and Ashram Chowk were diverted to alternative routes due to the blockade.

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Positive effects of Modi-Xi summit are showing: China

Positive effects of Modi-Xi summit are showing: China

Chinese Ambassador Sun Weidong said that discussions were underway between the two sides to operationalise a high-level economic and trade dialogue mechanism to further boost bilateral trade and investment as decided by Modi and Xi.

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MCA's 2019 Review: Steps for ease in business & more

MCA's 2019 Review: Steps for ease in business & more

In its year-end review, the Ministry of Corporate Affairs (MCA) on Sunday mentioned the various steps it undertook in 2019 for ease of doing business and creating a robust insolvency framework.

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Mandatory to link PAN-Aadhaar by Dec 31: I-T Dept

Mandatory to link PAN-Aadhaar by Dec 31: I-T Dept

The deadline to link the permanent account number (PAN) with Aadhaar was extended till December 31 by the Central Board of Direct Taxes (CBDT) through an order issued in September this year.

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Govt plans tele-law facility across all CSCs in next fiscal

Govt plans tele-law facility across all CSCs in next fiscal

The government is planning to roll out the tele-law facility across all common service centres, covering more than half of rural India, in the next financial year, according to top official of CSC e-Governance Services India Ltd.

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FM to hold pre-Budget consultations beginning Monday

FM to hold pre-Budget consultations beginning Monday

As per the finance ministry, Sitharaman will meet stakehokder groups of 'New Economy: Start-ups, Fintech and Digital Sector' on Monday morning, and financial sector and capital market representatives later in the day.

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Not reducing headcount due to slowdown: Tata Motors

Not reducing headcount due to slowdown: Tata Motors

Tata Motors are not looking to reduce workforce due to the ongoing slowdown in the domestic market.

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Gautam Thapar rejects fund misuse allegations

Gautam Thapar rejects fund misuse allegations

CG Power board sacked Thapar after an audit report by Vaish Associates, which itself is based on as many as 23 disclaimers, claimed that Thapar swindled Rs 3,000 crore from CG Power.

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Cases involving Rs 3.75L cr disposed of at IBC Ist stage

Cases involving Rs 3.75L cr disposed of at IBC Ist stage

As many as 21,136 applications have been filed under the Code, the corporate affairs ministry said in a release on Sunday. It said that "9,653 cases involving a total amount of approx. Rs 3,74,931.30 crore have been disposed of at pre-admission stage of IBC."

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How this Kerala cooperative has become a role model

How this Kerala cooperative has become a role model

The 94-year-old ULCCS stands out from other cooperatives in many ways. For one, its size. It employs over 12,000 people, making it one of the largest labour cooperatives in Asia, saw revenue of Rs 1,100 crore in 2018-19, has projects worth Rs 2,700 crore on its books and assets worth a similar amount, from land and quarries to machinery.

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French firm Suez working on two water projects in India

French firm Suez working on two water projects in India

A waste water treatment plant is being set up in Okhla here at a cost of 145 million euros and will be operational within three years, said Suez Group's Senior Executive Vice President Ana Giros Calpe, who was in the national capital recently. Besides this, a 72 million euros water distribution project in Mangalore will kick off within a month, Calpe added.

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Jamaica's Toni-Ann Singh crowned Miss World 2019

Jamaica's Toni-Ann Singh crowned Miss World 2019

Singh is a student of women's studies and psychology at Florida State University.

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Morris Garages to invest Rs 3K cr in Indian auto sector

Morris Garages to invest Rs 3K cr in Indian auto sector

Morris Garages (MG), a British automobile brand now owned by SAIC of China, is bullish on Indian market and plans to invest Rs 3,000 crore more in the country, a company official said.

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AirAsia India appoints Ankur Garg as CCO

AirAsia India appoints Ankur Garg as CCO

Garg had quit as the vice-president of revenue management at IndiGo a few weeks back. He now has a role in which he will be in-charge of areas such as network and revenue management, marketing and sales, and cargo of AirAsia India.

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China suspends planned tariffs on US goods

China suspends planned tariffs on US goods

China will suspend the planned addition of 10 percent and 5 percent tariffs on some US imports, and "continue to suspend additional tariffs on US-made autos and spare parts", China's finance ministry announced Sunday.

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Want to study abroad? Here are the best destinations

Want to study abroad? Here are the best destinations

For lakhs of Indians who choose to go overseas for their education every year, finding post-study work opportunities as well as securing permanent residence are the most important considerations. Here is a rundown of the pros and cons:

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EaseMyTrip files papers for Rs 510 crore IPO

EaseMyTrip files papers for Rs 510 crore IPO

EaseMyTrip.com is operated by Easy Trip Planners Private Ltd. The city-based company said the object of the public issue is to achieve the benefits of listing the equity shares on stock exchanges.

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Govt examining FDI flows in infra at strategic locations

Govt examining FDI flows in infra at strategic locations

A comprehensive review has been undertaken to assess the control over various infrastructures at strategic locations and border areas of the country, according to sources. Many departments and agencies, including the Reserve Bank of India (RBI), have been involved in the exercise.

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Space failure part of big game: NASA on Vikram lander

Space failure part of big game: NASA on Vikram lander

"Space missions are expected to fail which must not deter the scientific community in India that saw the Vikram lander not making it to the lunar surface from attempting again, as this is the business out there"

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Data price pinches poor as much as onions

Data price pinches poor as much as onions

With Airtel, Vodafone and Jio increasing tariffs for prepaid plans, the urban poor, who get their fix of what digital anthropologist Payal Kapoor calls ABCD: Astrology, Bollywood, Cricket and Devotion, from their smartphones, are feeling the pinch. And the numbers of those affected aren’t small since prepaid accounts for 95% of Indian subscribers.

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Women bikers scorch a path in male-dominated space

Women bikers scorch a path in male-dominated space

The niche but growing segment of women bikers is proving to be an important driver of growth for companies.

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Mother Dairy hikes milk prices by up to Rs 3/litre

Mother Dairy hikes milk prices by up to Rs 3/litre

Toned milk price has been hiked by Rs 3 per litre to Rs 45 while double-toned milk will now be sold at Rs 39 per litre compared to Rs 36.

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Eatery levies both GST & service charge, fined

Eatery levies both GST & service charge, fined

Observing that levying service charge in addition to goods and services tax (GST) amounts to unfair trade practice, a consumer forum has ordered a Mumbai restaurant to pay a compensation of Rs 10,000 to a Ghatkopar woman after it refused to scrap the service charge it had levied along with GST.

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How to setup an online presence for your business

How to setup an online presence for your business

Whether you are a startup or a large organization, follow these tips to build your digital identity.

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N.Korea conducts another big test at Sohae launch site

N.Korea conducts another big test at Sohae launch site

"Another crucial test was successfully conducted at the Sohae Satellite Launching Ground from 22:41 to 22:48 on December 13," a spokesman for the North's National Academy of Defence Science said in a statement. The announcement comes after the United States tested a medium-range ballistic missile over the Pacific Ocean on Thursday.

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Boris Johnson heads north to celebrate election win

Boris Johnson heads north to celebrate election win

Johnson's campaign mantra to "get Brexit done" and widespread unease with the leadership style and socialist policies of opposition leader Jeremy Corbyn combined to give the ruling Conservatives 365 seats in the House of Commons, its best performance since party icon Margaret Thatcher's last victory in 1987.

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MPs ask Corbyn to resign after UK election debacle

MPs ask Corbyn to resign after UK election debacle

After facing an embarrassing defeat in the UK general election, Labour leaders have started piling pressure on the party chief Jeremy Corbyn to step down immediately.

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COP25: Stalemate continues in UN climate talks

COP25: Stalemate continues in UN climate talks

The two-week-long climate negotiations, named COP25, undergoing in this Spanish capital was scheduled to conclude on Friday. But negotiators have been unable to arrive unanimously on commitments that would see nations to make new pledges by the end of 2020 despite endless rounds of negotiations and back-channel diplomacy.

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PM chairs meeting of Ganga council in Kanpur

PM chairs meeting of Ganga council in Kanpur

The PM chaired the meeting of the council at Chandra Shekhar Azad Agriculture University. He reviewed the works completed under the project so far and exchanged notes on cleaning the Ganga with dignitaries, officials said. The meeting chaired by the PM was attended by chief ministers Yogi Adityanath and Trivendra Singh Rawat, respectively.

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What's inside Oyo's 'Raho Mast' campaign?

What's inside Oyo's 'Raho Mast' campaign?

Oyo's campaign has been conceptualised and conceived in-house under the charge of Mayur Hola, creative head, India, and SE Asia, for the company. The three films shot by Chrome Pictures show different use-case scenarios.

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Adani Transmission gets LoI for project in Maharashtra

Adani Transmission gets LoI for project in Maharashtra

The Letter of Intent to ATL has been awarded under a tariff based competitive bidding model from Maharashtra State Electricity Transmission Company Ltd. The project 'Kharghar Vikhroli Transmission Pvt Ltd' comprises approximately 34 km of 400 kV and 220 kV transmission lines along with 400kV GIS Substation at Vikhroli in Mumbai.

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US wants India to be part of the Five Eyes

US wants India to be part of the Five Eyes

The 'Five Eyes' is an alliance comprising of Australia, Canada, New Zealand, Great Britain and the US. It is an international agreement under which this these five countries cooperates and share signals intelligence, military intelligence, and human intelligence. With an eye on China, the United States now wants India, Japan and South Korea to be put at par with its 'Five Eyes' for intelligence sharing.

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View: Effective regulations can help boost growth

View: Effective regulations can help boost growth

Effective regulations will deliver growth for both large corporations in bankruptcy courts and small businesses being brought under the ambit of the GST. At a fundamental level, the regulatory changes to the IBC or issues around GST ITC are focused on improving the quantity and quality of credit availability in the economy.

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2 stocks to give 20% upside going ahead: Sabarad

2 stocks to give 20% upside going ahead: Sabarad

The market seems to be directionless because you do not have major events to be factored in.

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'Next 10 years, compounders to come from PSUs'

'Next 10 years, compounders to come from PSUs'

This is the time to stick your neck out but I cannot say whether this is going to happen in the next 2, 4 or six weeks. I am not that kind of an investor. I expect to make money two, three or five years later. I feel this is the time to be courageous and start building a portfolio.

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NEC targets $1B revenue in India, set for 5G trials

NEC targets $1B revenue in India, set for 5G trials

“Right now, we are at $400 million and look forward to increasing that to $1 billion in five years… India is one of the focus areas and a key strategic market,” Takashi Niino, president and CEO, NEC Corporation, told ET. Niino said the company plans to hire 14,000 employees over the five years to support growth in India and elsewhere.

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‘We trusted you’: WeWork’s chair on Adam Neumann

‘We trusted you’: WeWork’s chair on Adam Neumann

The SoftBank bailout has given WeWork some breathing room, but there are big problems to fix. The company has been opening so many locations that it is spending far more money than it is bringing in.

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Investors call to exhume Quadriga CEO’s body

Investors call to exhume Quadriga CEO’s body

Cotten died on Dec. 12, 2018 of complications due to Crohn’s disease in Jaipur, India, according to an affidavit from his widow, Jennifer Robertson and a statement of death from the J.A. Snow Funeral Home in Halifax, dated Dec. 12.

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Kunal Bothra’s 3 high momentum picks for next week

Kunal Bothra’s 3 high momentum picks for next week

The market breadth has been improving and not just in terms of the advance decline ratio. Earlier, the rally had started from the low beta or defensive stocks like pharma and the IT stocks. Then in the second half of the week, we saw the metals as well as PSU banking pack pick up quite a bit of a pace.

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TikTok, Facebook & Instagram bring music to labels' ears

TikTok, Facebook & Instagram bring music to labels' ears

Music companies such as T-Series, Times Music & Saregama set to earn over Rs 100 crore this year as users put posts on these platforms with their music. Many experts say these are early days and with more users in India getting exposed to social media's features, music labels will benefit more. The revenue potential of these platforms may increase substantially.

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Impeachment charges voted; Trump cries 'Hoax'

Impeachment charges voted; Trump cries 'Hoax'

At the White House after the votes, Trump denounced the inquiry and actions against him, using the terms he's relied on for months. He referred to the impeachment effort four times as a hoax, twice as a sham and once each as a scam, a witch hunt and a disgrace. He described his actions as perfect three times and said four times he did nothing wrong.

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Food firms feast on binge watching

Food firms feast on binge watching

Streaming services driving sales in food delivery, ready-to-eat, packaged food segments. The surge is more evident for restaurants, with fine-dining and quick service outlets reporting faster growth in home delivery, which has resulted in aggregators Swiggy and Zomato also reporting swift growth.

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Two experts had warned CAB will violate Constitution

Two experts had warned CAB will violate Constitution

While tendering evidence before the committee, Kashyap had deposed: “...mentioning minority communities, namely, Hindus, Sikhs, Jains, Parsis, and Christians, is violative of the Constitution because Article 14. JPC report said Vishwanathan referred to Section 6A of the Citizenship Act, 1955, amendments to which may be ultra vires.

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Jaypee homebuyers need to vote for NBCC & Suraksha

Jaypee homebuyers need to vote for NBCC & Suraksha

"If homebuyers vote for one plan and lenders vote for the other then the CIRP (Corporate Insolvency Resolution Process) will definitely head for liquidation. However, if homebuyers vote for both plans with lenders voting for any one, then in that case liquidation can be avoided," said Chitranshul Sinha, Partner at legal firm Dua Associates.

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Religare Health Trust halts winding up plans

Religare Health Trust halts winding up plans

Move after SC seeks inquiry into purchase of assets from trust by Fortis Healthcare using money from IHH. Last month, the court questioned Fortis for using the Rs 4,600 crore to buy assets from Singapore-based RHT.

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UK Inc cheers Johnson win, but Brexit still looms

UK Inc cheers Johnson win, but Brexit still looms

Johnson’s win laid to rest concerns about Labour leader Jeremy Corbyn’s radical plans to nationalise swathes of British industry and impose onerous rules on business, such as handing workers as much as 10% ownership in companies. Still, for many companies Brexit remains a worry, and executives urged Johnson to take his time and strike a business-friendly deal with the EU.

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Budget likely on Feb 1, Economic Survey on Jan 31

Budget likely on Feb 1, Economic Survey on Jan 31

This will be the first time after 2015-16 when the budget will be presented on Saturday. "Tradition will continue," Parliamentary Affairs Minister Prahlad Joshi said when asked about whether the government would continue with the tradition of presenting the budget on the first day of February or will there be any change as February 1 is Saturday.

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US House panel approves 2 charges against Trump

US House panel approves 2 charges against Trump

The charges of abuse of power and obstruction of Congress, which form the Articles of Impeachment as the chargesheet against Trump is known, will be voted next week by the entire Democrat-controlled House and sent to the Republican-majority Senate to hold a formal trial against him that will be presided over by Supreme Court Chief Justice John Roberts.

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Coal auctions: JSPL bid for Chhattisgarh block in trouble

Coal auctions: JSPL bid for Chhattisgarh block in trouble

JSPL said it was not aware of any such decision on the Gare Palma IV/1 block and that it expected the government to decide fairly on the matter. All other blocks will be awarded to the successful bidders in the auctions held in the first week of November. The coal block was auctioned earlier in 2015 as well when it had received a Rs 1,585-per-tonne quote from the Vedanta group’s Balco.

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