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Siddhivinayak gets `34,500 shares during Sensex’s 5K-pt rise

DNMUM402608 | 12/8/2017 | Author : Kumar Shankar Roy | WC :507

Mumbai: In July 2016 when Indian stock-market benchmark Sensex was at 27000, the city’s revered Shree Siddhivinayak Ganapati Temple Trust in Prabhadevi coincidentally opened a CDSL (Central Depository Services Ltd) demat account to accept donations in the form of shares and securities from ‘Navasacha Ganapati’ devotees.
It was a novel facility being offered to devotees for the first time by a temple trust in Maharashtra.
But in the next 16 months that saw Sensex breaching 33000-mark, the devotees of Ashtavinayak donated just a little over Rs 34,500, much to the dismay of the temple’s trust.
Blame it on tight-fisted devotees of Lord Ganesha, or simply the lack of awareness about the facility, the truth is the bull-run hasn’t he
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‘Bajaj Electricals will have to increase prices’
DNMUM424422 | 10/19/2018 12:00:00 AM | Author : Swati Khandelwal | WC :532

Shekhar Bajaj, CMD of Bajaj Electricals, in an interview with Swati Khandelwal of Zee Business, talks about the growth in consumer durables business, the impact of rising commodity prices and strategy for digital sales.Do you think the growth
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Cochin Shipyard to lease Mumbai Port’s dry dock
DNMUM424423 | 10/19/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :435

Mumbai: Cochin Shipyard Ltd (CSL) is set to get the lease for Mumbai Port Trust’s (MbPT) Hughes Dry Dock facility as well as four berths at the Indira Dock on Saturday. This will help the Kerala-based shipbuilder to service around 100 more ships ever
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RBI may opt for an early rate hike
DNMUM424424 | 10/19/2018 12:00:00 AM | Author : K R Sudhaman | WC :730

New Delhi: Low CPI inflation at 3.8% in September may be welcome but this does not mean all is well on the price front as wholesale inflation increased to 5.13% in the same month, indicating the Reserve Bank of India might have to resort to a rate hi
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Broadband set for disruption
DNMUM424425 | 10/19/2018 12:00:00 AM | Author : Mansi Taneja | WC :367

New Delhi: The wired broadband market is not far away from the disruption expected to be created by Reliance Industries which earlier shook the telecom market since its entry in late 2016. On Wednesday, the company announced an investment of ab
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