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Public sector lender Andhra Bank on Thursday said its net profit for the quarter ended September 30 rose by over two-fold on year-on-year basis to Rs 114.5 crore on account of higher interest income. It reported Rs 70.7 crore net profit for the same quart
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33 bars in four-star and heritage category hotels and 25 in five-star hotels allowed to function; Describing the Kerala High Court order on closure of bars as a recognition of its liquor policy, the Congress-led UDF government on Thursday said it would
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Moving in opposite direction to stocks, the rupee on Thursday fell for the fourth day, dipping 10 paise to close at two-week low of 61.45 against the Greenback after US Federal Reserve kept in place its plans to maintain record low interest rate for some
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Bharti Airtel, country’s largest mobile operator, on Thursday reported nearly three-fold jump in consolidated net profit to Rs 1,383 crore for the second quarter ended September 30, 2014 on the back of higher mobile data revenue. The company had repo
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The deadly landslide, triggered by heavy rains, wiped out the homes of mostly Indian-origin tea plantation workers at Meeriabedda tea estate in the central Badulla district. Nearly 200 people are feared to have been buried alive in Sri Lanka after a dea
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Apple CEO Tim Cook says he’s proud to be gay. The public declaration, in an essay written for Bloomberg Businessweek, makes Mr. Cook the highest-profile business CEO to come out. Mr. Cook said that while he never denied his sexuality, he never publi
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India to appeal to a higher court against the judgment passed by the Colombo High Court which held them guilty of drug trafficking. Five Indian fishermen were given the death penalty by a Sri Lankan court on Thursday for alleged drug trafficking, prompt
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A HRD Ministry source said: "... no such direction can be given as this is an administrative matter to be decided by respective IITs which are autonomous." The Ministry of Human Resource Development wrote to directors of all the16 Indian Institutes of T
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The benchmark Sensex on Thursday surged about 248 points to end at record closing peak of 27,346.33 on across-the-board buying by investors after government eased rules for FDI in construction sector and US Federal Reserve reiterated its plan to keep inte
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Under attack over his remarks that official auditor should not “sensationalise” its audit findings, Finance Minister Arun Jaitley on Thursday said media did not accurately reflect the spirit of his speech at the CAG conference. “News r
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