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East Coast Daily Eng Business News

  • Business

    Kerala govt to ban single use plastics

    The Kerala government had decided to all single-use plastics owing to the heavy adverse impact of plastic litter in the environment. All single-use plastics including carry bags, containers, and bottles above 300 ml, Garbage bags are within the scope of the ban. The comprehensive ban includes the manufacture, distribution, and marketing of single-use plastics and violators will be fined. The enforcement...

    • 10 hrs ago
  • Business

    Reliance leaves behind BP in Capital worth to become the worlds Sixth biggest petroleum company

    Reliance overtook BP in capital worth to become the world's Sixth biggest petroleum company. The market cap of Reliance Industries surged to 9.5 lakh crores and became the first Indian company to touch the mark. The second biggest company TCS clocked market cap value of 7.91 lakh crores rupees.

    • 12 hrs ago
  • Business

    Forex market: Indian rupee slips down again

    In the forex market the domestic currency Indian rupee has again slipped down against the American currency US dollar. At the Interbank Foreign Exchange the Indian rupee opened at 71.85 against US dollar registering a loss of 14 paise. The main reason for the downfall of Indian rupee as per trade experts is the constant buying of US currency by the banks and importers.

    • 2 days ago
  • Business

    Reliance Jio to hike mobile tariffs

    Reliance Jio, the India's biggest telecom service provider will increase mobile phone call and data charges in the next few weeks. This was informed by the Reliance group on Tuesday. The statement came a day after Bharti Airtel and Vodafone Idea Ltd announced a hike in call and data charges from next month. Jio said telecom regulator TRAI is likely to initiate consultation process for revision in...

    • 2 days ago
  • Business

    Cosmetics giant Coty buys $600 million stakes from Kylie Jenner beauty line

    Coty Inc. agreed to pay $600 million in cash for a majority stake in Kylie Jenner's cosmetics line, the latest move by a major beauty company to acquire trendy brands that appeal to a younger clientele.This amounts to 51 percent of Kylie cosmetics total stake value, making the young beauty more rich. The makeup and fragrance giant will have overall responsibility...

    • 2 days ago
  • Business

    Forex Market: Indian rupee slips down

    In the forex market, the domestic currency Indian rupee has slipped down against the US dollar. The Indian rupee has depreciated by 30 paise against the US dollar in the early hours of trade. At the Interbank Foreign Exchange the Indian rupee opened at 71.75 against the US dollar and then it slipped down to 71.77 registering a decline of 30 paise. On Monday the Indian rupee has settled trading at 71.47...

    • 3 days ago
  • Business

    Airtel, Vodafone Idea issues important announcement for customers: Check it out

    The private telecom companies in the country has announced that they will be increasing their tarrifs from December 1. The mobile service providers in the country Vodafone Idea and Bharati Airtel has decided to increase their tariff from the coming month to face the financial crisis that the companies are facing. The companies has faced historic losses on account of...

    • 3 days ago
  • Business

    Propaganda against Baba Ramdev's Patanjali on Twitter,Ramdev's comments spark outrage

    A propaganda against Baba Ramdev's Patanjali with #BycottPatanjaliProducts is trending in Twitter since Saturday. The movement has gained momentum on Sunday and has changed now to #ShutdownPatanjali.An interview of Baba Ramdev on a TV channel in which he commented on Periyar community and Ambedkar followers sparked the outrage of Dalits who at first...

    • 4 days ago
  • Business

    EU extends technical help for Pakistan for getting out of FATF grey list

    The 10th session of the European Union-Pakistan Joint Commission in Brussels on Friday said the two sides emphasised the importance of the implementation of FATF action plan by Pakistan. The EU had extended its technical help for the implementation of the Financial Action Task Force (FATF) action plan by the country, according to Pakistani media Dawn.Global terror financing...

    • 4 days ago
  • Business

    Union government to sell Air India, Bharat Petroleum by March 2020: Nirmala Sitharaman

    Union finance minister Nirmala Sitharaman announced that the union government is planning to sell Public Sector Undertakings (PSU) Air India and the oil marketing company Bharat Petroleum Corporation (BPCL) by March 2020. The disinvestment of the two state-run companies is critical for the government to meet its target of Rs 1 lakh crore for the current fiscal...

    • 4 days ago

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