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Sensex ends with miniscule gains on late sell-off

DNMUM396590 | 9/14/2017 | Author : DNA Money Correspondent | WC :218

Mumbai: Indian markets succumbed to selling pressure in broader markets on Wednesday, with buying activity restricted to large-cap stocks alone, amid smooth capital outflows by foreign funds. The benchmark Sensex closed with marginal gains at 32186.41, after inching up 27.75 points, or 0.09%. Nifty, on the other hand ended in the red with a closing of 10079.30 after tanking 13.75 points, or 0.14%. Sun Pharma rose 4.02%, Reliance jumped 3.13%, Dr Reddy ended up 2.09%, while Lupin inched up 1.10%. Among the laggards stood ITC falling 2.18%, HDFC slipping 1.12% and Bharti Airtel tanking 0.96%. Cipla, Wipro, Power Grid, ONGC, NTPC, Coal India, Tata Steel, Asian Paints were among other losers on Sensex. Investors were cautions after retail inf
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Accountability must start from the top
DNMUM408317 | 2/22/2018 12:00:00 AM | Author : Arun Krishnan | WC :554

Punjab National Bank (PNB) has been in the news for all the wrong reasons. The scam involves the sanctioning of Letters of Understanding (LoUs) to Nirav Modi and his companies without accompanying credit limits or margin money being paid to the bank.
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The myth of college dropouts
DNMUM408318 | 2/22/2018 12:00:00 AM | Author : Sanchit Khera | WC :726

With so many success stories about college dropouts in the US, Indian chief executive officers (CEOs) are making their own mark in the trend. They struggle early on, try to push through and eventually drop out of their universities.
However, the
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EPFO cut may hurt employee sentiments
DNMUM408319 | 2/22/2018 12:00:00 AM | Author : Edit | WC :226

The move by Employees Provident Fund Organisation (EPFO) to cut the interest rate on EPF to 8.55% is not entirely unexpected. But it will surely leave over six crore employees subscribed to EPFO dejected. Now the government has a task at hand of conv
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Quarterly GST returns filing may be extended to all cos
DNMUM408320 | 2/22/2018 12:00:00 AM | Author : Anjul Tomar | WC :347

New Delhi: The government may change the goods and services tax (GST) returns filing periodicity from monthly to quarterly to make it simpler for all businesses to file their taxes.
The requirement of filing three GST returns in a month is also l
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