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No. of Items: 85 | No. Pages: 15
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Markets end a tad higher after 5-day fall
DNMUM414648 | 5/23/2018 | Author : DNA Money Correspondent
Mumbai: Even as domestic equities witnessed a see-saw trade, key benchmark indices overcame the five-day losing streak, aided by strengthening rupee and mixed global cues. The rupee gained 8 paise to end at 68.04 against the dollar. Other Asian gauges ended mixed tracking strong ...
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BMW India aims to be leader to grow luxury car segment
DNMUM414653 | 5/23/2018 | Author : DNA Money Correspondent
Mumbai: BMW India said it wants to be a leader to grow the luxury car segment, and was not just targeting to be number one in terms of sales.“When we came to India in 2007, there was hardly any market for luxury cars. We invested in products, dealer networks, and cust...
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Record loss, but year of hope for SBI
DNMUM414655 | 5/23/2018 | Author : Dna Money Correspondent
Mumbai: State Bank of India (SBI), India’s biggest lender, signalled a “year of happiness” after reporting a record net loss of Rs 7,718 crore on the back of losses on its treasury book, incremental provisions for non-performing assets and higher provision towards wage revision. ...
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This is how fuel prices bear the brunt of indirect taxes
DNMUM414686 | 5/23/2018 | Author : Sanjay Jog
Auto fuel has consistently borne the burden of indirect taxes, especially VAT/sales tax and excise. In case of Maharashtra, in 2017-18, the government collected Rs 22,652 crore by levying VAT/sales tax and surcharge. Maharashtra alone contributes to 14 per cent towards the ...
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Grab your favourite mean machine at the upcoming DNA Auto show
DNMUM414696 | 5/23/2018 | Author : DNA Correspondent
The much awaited 12th edition of DNA Auto show which will showcase some of the latest and the best in the automotive segment is all set to kick-start from this Saturday. The two day event will be held at CIDCO Exhibition centre in Vashi, Navi Mumbai.According to the o...
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Maha can’t afford to give fuel price respite
DNMUM414701 | 5/23/2018 | Author : Sanjay Jog
Mumbai: A public debt of Rs 4.50 lakh crore, annual outgoing of Rs 1.30 lakh crore towards wages and interest payment, burgeoning revenue, fiscal deficits and higher spending on infrastructure and welfare projects make it nearly impossible for the BJP led government in Maha...
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