Cryptocurrency Prices Today October 01: Bitcoin marginally up, Dogecoin lags behind

The price of Bitcoin is currently Rs 16.49 lakh, with a dominance of 39.51 percent. This was a 0.10 percent increase over the day

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When should you bottom-fish in a market where the end game is still unclear?

While the Indian market is gyrating, a meaningful correction should be an opportunity for long-term investors

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YouTube Shorts is sharing ad revenue. Will that mean more money for creators?

For content creators, a share of ad sales is not just an opportunity to grow, but also a way of earning a stable income without having to depend on branded content.

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Dealmakers eye China divestments, rise of India and Southeast Asia as MA pipeline shrinks

Merger and acquisition (MA) transaction values involving China plunged by 35% year-on-year to $266 billion in the first nine months of the year, to the lowest level since 2013, Refinitiv data showed, though it remained Asia#39;s largest deals market.

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Rothschild plans to hire seven bankers in India before year-end

The firm, which currently has 18 staff in the country, is looking to hire from analyst to vice president levels across sectors such as health care and technology, according to Aalok Shah, managing director for India.

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In Pics: How to use National Single Window to kickstart your business

The system’s Know Your Approvals module supplies approval information across over 30 central departments and several states.

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When should you consider bottom-fishing in a market where the end game is still not clear

While the Indian market is gyrating, a meaningful correction should be an opportunity for long-term investors

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Instagram permanently removes Pornhub’s account

Pornhub has contested the removal of its account in an open letter that says "Instagram’s enforcement of these platform rules are opaque, discriminatory, and hypocritical".

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Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

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When should you consider bottom-fishing in a market where the end game is still unclear

While the Indian market is gyrating, a meaningful correction should be an opportunity for long-term investors

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CRED, upGrad Groww top start-ups list in India for this year

Topping this year#39;s list is unified payments interface CRED. Valued at USD 6.4 billion, this young start-up maintained its podium position on the LinkedIn Top Startups list, moving from the third spot in 2021 to number one in 2022.

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World’s biggest Air-Conditioner maker doubles down on India

“The market has a huge potential,” said Kanwal Jeet Jawa, chief executive officer of Daikin’s India operations. “We see India as a market, post-Covid recovery, as the best among all the other markets in the world.”

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MC Insider: Bureaucrat caught in red tape, AMFI snub, chip star, frosty founders and more

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MC Explains: What the RBI can do to rein in rupee’s depreciation

If the RBI wants to counter rupee depreciation, it should continue to improve macroeconomic fundamentals and take measures to increase capital flows into the country

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IHH Healthcare in discussions with Indian authorities over stalled open offer in Fortis Healthcare

The Supreme Court had last week ordered a forensic audit of the share sale of Fortis Healthcare to IHH Healthcare executed in 2018, in a contempt case filed by Japanese firm Daiichi Sankyo Company Ltd against the former promoters of Fortis, Singh brothers -- Malvinder and Shivinder, and others.

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Jaguar Land Rover to train 29,000 staff to work on electric cars

The British company said it would train 29,000 of its own employees as well as workers in franchised dealerships. A majority of the company’s retail technicians will be taught to repair and service electric vehicles during this financial year, JLR said in a statement Wednesday, adding that almost 10,000 of the workers are in the UK.

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BHEL bags 2x660 MW thermal power project from NTPC

The project is to be constructed on an Engineering, Procurement and Construction (EPC) basis, Bharat Heavy Electricals Limited (BHEL) said in a statement.

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Tata Motors#39; Tiago EV to debut tomorrow; check details of the cheapest EV hatchback in India

Tata Motors is all set to launch its popular hatchback Tata Tiago#39;s EV avatar tomorrow, here#39;s all you need to know about the car ahead of its launch.

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Tata Motors set to launch Tiago#39;s EV variant tomorrow

Tata Motors is all set to launch its popular hatchback Tata Tiago#39;s EV avatar tomorrow, here#39;s all you need to know about the car ahead of its launch.

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Tata Motors set to launch Tiago#39;s EV variant tomorrow

Tata Motors is all set to launch its popular hatchback Tata Tiago#39;s EV avatar tomorrow, here#39;s all you need to know about the car ahead of its launch.

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SII#39;s Adar Poonawalla makes clarion call for global certification of vaccines

Making this clarion call at the Forbes Global CEO Conference in Singapore on Monday, Poonawalla said I#39;m proposing it (such a certification treaty)."

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India’s economy will grow to $30 trillion: Gautam Adani’s keynote address at Forbes Global CEO Conference 2022

Out of the $100 billion capital commitment over the next decade, Gautam Adani is promising to invest up to 70 percent in energy transition. He adds that one day, India could become a net energy exporter

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Brookfield Asset Management may pump $1 billion into Greenko

The investment could be in either Greenko Energy Holdings (GEH) or Greenko Zero C, and could stretch up to $1.25 billion

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BPCL to incur gross marketing losses in current fiscal: Fitch

The rating agency affirmed #39;BBB-#39; rating on BPCL with stable outlook.

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ONGC gets better price for oil under new rules: Sources

ONGC, the country#39;s top oil explorer, accepted bids at that level through auction of light sweet oil from its western offshore field, including supplies from the country#39;s flagship Mumbai High fields, they said.

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ONGC gets better price for oil under new rules: Sources

ONGC, the country#39;s top oil explorer, accepted bids at that level through auction of light sweet oil from its western offshore field, including supplies from the country#39;s flagship Mumbai High fields, they said.

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Apple #39;excited#39; to be manufacturing iPhone 14 in India

Cupertino, California-headquartered Apple started manufacturing iPhones in India in 2017 with iPhone SE. Today, Apple manufactures some of its most advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14.

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MC Insider: Buybacks with ulterior motives, headhunt for MA chief, execs poached by PE, loans for bathroom, and more

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Apple now manufacturing iPhone 14 in India

Cupertino, California-headquartered Apple started manufacturing iPhones in India in 2017 with iPhone SE. Today, Apple manufactures some of its most advanced iPhones in the country including iPhone SE, iPhone 12, iPhone 13 and, now, iPhone 14.

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FPIs pump in Rs 8,600-crore in September; pace of investment slows

FPIs turned net buyers in July after nine straight months of net outflows, which started in October last year.

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FPIs pump in Rs 8,600-crore in September; pace of investment slows

FPIs turned net buyers in July after nine straight months of net outflows, which started in October last year.

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Engineering sector MSMEs seek production linked incentive scheme

The association#39;s President S C Ralhan said that the Indian hand tools industry has a long way to go in order to realise its full potential and it holds huge possibilities.

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Natural gas price to rise to record level this week

"The government has set up a committee to review the formula for pricing of domestically produced natural gas. It can for all practical reasons not revise prices on October 1, citing the pendency of issues before the committee," a source said.

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Natural gas price to rise to record level this week

"The government has set up a committee to review the formula for pricing of domestically produced natural gas. It can for all practical reasons not revise prices on October 1, citing the pendency of issues before the committee," a source said.

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Creditor cooperation a must for Sri Lanka IMF programme: Sri Lankan Government

At an online engagement with the creditors, the government on Friday said that assurances from bilateral creditors are required as a prerequisite to the IMF board adoption of the programme.

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Byju#39;s pays $234 million to Blackstone related to Aakash deal - Report

Byju#39;s has paid 19 billion rupees ($234 million) to Blackstone Inc, the payment made on Thursday was for a stake of about 38% owned by Blackstone in the learning center chain Aakash.

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Citigroup sets India as high priority market amid China risks

India presents “very clear” opportunities, said Manolo Falco, the global co-head of Banking, Capital markets and Advisory, in an interview in Mumbai. The New York-based lender expects initial public offerings in India to pick up next year as well as inbound deals in renewable energy and infrastructure, he said.

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Glenmark Pharma gets approval from Health Canada for nasal spray Ryaltris

Health Canada granted approval to partner Bausch Health Companies Inc and Glenmark Specialty SA, a subsidiary of the company, for Ryaltris (olopatadine hydrochloride and mometasone furoate nasal spray), Glenmark Pharmaceuticals said in a statement.

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IT sector: Still to avoid or bottom-fish?

Valuation of IT stocks is now close to pre-pandemic levels, but investors have to be selective as recovery could be protracted

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Centre#39;s attempt to corporatise power, agriculture sectors will be disastrous: K T Rama Rao

Speaking to reporters in Siricilla on Thursday, he said if the Electricity (Amendment) Bill brought in by the Central government turns into an Act, farmers would lose free power, Scheduled Caste members, Scheduled Tribe persons, poultry farmers, washermen, barbers, weavers, and others will have to bid goodbye to power subsidies.

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Indian Oil plans Panipat refinery maintenance, to revamp naphtha cracker: Sources

The country#39;s top refiner will shut the naphtha cracker at its Panipat plant from Monday for a revamp aimed at raising its ethylene production capacity, the sources familiar with the plan said.

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IGGL achieves 42.94% physical progress, Rs 1556.46 crore capital expenditure

IGGL Chairman Atindra Roychoudhury said this while addressing the fourth annual general meeting.

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How a looming oil ban could devastate a small Italian city

Ever since the EU agreed to ban most imports of crude oil from Russia because of its invasion of Ukraine, the future of this refinery — the largest in Italy — has been thrown into doubt

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World’s second-biggest fortune fails to halt rout in Adani bonds

Stocks of firms in his Indian business empire -- spanning ports to gas distribution and coal mining -- have jumped in part on soaring energy prices.

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Ford India revises final severance package to employees

Accordingly, the company would revise the final severance settlement to an average equivalent of 140 days of gross wages per completed year of service from the ongoing offer of 130 days.

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Morning Scan: All the big stories to get you started for the day

A round-up of the biggest articles from newspapers

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Qualcomm-backed Drone maker weighs $125 million India IPO, sources say

The company is working with financial advisers on the potential listing, which could happen in the first quarter of 2023, the people said. The Mumbai-based firm is seeking a valuation of about $700 million in the share sale, which could mostly consist of new shares, the people said.

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HDFC Capital launches tech innovation challenge for affordable housing, to invest up to Rs 500 crore in winning deals

The third edition of the tech challenge will identify and award disruptive innovations in areas of construction, sales, fintech, and sustainability, the company said.

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How a Quebec lithium mine may help make electric cars affordable

Having more mines will also help contain the price of lithium, which has soared fivefold since mid-2021, pushing the cost of electric vehicles so high that they are out of reach for many drivers

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Amazon ropes in over 9,000 sellers from Northeast

To attract more traders from the region to its platform, the company has waived 50 per cent of the selling fee during the ensuing festive season.

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