Wed, Jul 26, 2017 | updated 02:35 PM IST

Sensex, Nifty end flat after passage of GST Bill

Updated: Aug 04, 2016 16:48 IST      
Sensex, Nifty end flat after passage of GST Bill

New Delhi, Aug 4 (ANI): The market on Thursday ended flat with a positive bias after a consolidation as investors digested the passage of a long-awaited Goods and Services Tax (GST) Bill.

The Sensex started off on a strong note, rallying more than 200 points in opening but immediately wiped out gains to trade in a tight range for rest of the session. It traded up 16.86 points at 27714.37, and the Nifty gained 6.25 points at 8551.10 while the broader markets mildly outperformed benchmarks, up 0.4 percent on positive breadth.

"Indian equities have been rallying over the last quarter in anticipation of the GST legislation going through. With the event out of the way, near term we look for consolidation and shedding of some froth," said Bharat Iyer of JP Morgan.

The Rajya Sabha passed the GST Constitutional Amendment Bill in a bi-partisan manner on Wednesday, paving the way for the introduction of GST regime in India. (ANI)

New Delhi [India], July 26 (ANI): Adding to the high-quality healthcare services it offers, DocsApp, a chat based healthcare platform that connects patients to specialist doctors in less than 30 minutes, has launched yet another noteworthy service targeted towards infants, children, and adolescents.

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Faircent.com launches fully-automated 'Auto Invest' feature

Updated: Jul 26, 2017 14:24 IST     

New Delhi [India], July 26 (ANI): In a pioneering development for the country's fintech sector, Faircent.com, India's largest peer-to-peer lending platform has launched a new Auto Invest feature for registered lenders.

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Kia Motors Tours India to meet prospective dealer partners

Updated: Jul 26, 2017 13:54 IST     

New Delhi [India], July 26 (ANI-NewsVoir): Kia Motors is hosting a series of road shows around India to meet prospective dealer partners throughout August and September. The Korean car manufacturer is due to commence local retail sales during the second half of 2019.

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Mumbai [India], July 26 (ANI-Businesswire India): Pidilite Industries Limited, India's leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter ended June 30, 2017.

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New Delhi [India], July 25 (ANI-Newsvoir): AXELOS, announces the launch of PRINCE2® 2017, the latest version of world's most widely used Project Management Methodology in India.

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New Delhi [India], July 25 (ANI-BusinessWireIndia): L&T Technology Services Limited (LTTS) has announced its results for the first quarter ended June 30, 2017. The company's quarterly revenue rose 6.3 percent Year-on-Year to USD 128 million, on the back of successful project executions and new orders.

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New Delhi [India], July 25 (ANI): Reacting at the Union Cabinet move to push electric mobility in the country, Society of Manufacturers of Electric Vehicles (SMEV), Director- Corporate Affairs Sohinder Gill said that the government should immediately kick start the mass adoption of EVs in the country.

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New Delhi [India], July 25 (ANI-NewsVoir): Sunil Kant Munjal led Hero Enterprise has committed a strategic stake and shall invest USD 10 million in Corvi LED Light, a pioneering and technology-reshaping consumer lighting firm based in Mumbai that already has over ten Red Dot Design Award winning products under its belt.

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New Delhi [India], July 25 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co. (SAM & Co.) advised affiliates of GE in relation to the sale of their entire shareholding in their Cards business in India.

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New Delhi [India], July 25 (ANI): With a view to provide impetus to domestic manufacturing of hybrid and electric vehicles (collectively termed as XEVs), the Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission Plan 2020 was unveiled in 2013.

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Indian economic reform infusing confidence in investors

Updated: Jul 25, 2017 15:58 IST     

New Delhi [India], July 25 (ANI): With the National Stock Exchange's (NSE) Nifty crossing the 10,000 mark earlier today, market analysts believe that this new feat can be attributed to the ongoing economic reforms in the country, which is infusing confidence among investors.

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New Delhi [India], July 25 (ANI): Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017.

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Defeating Diarrhea: integration is the solution

Updated: Jul 25, 2017 15:29 IST     

New Delhi [India], July 25 (ANI-NewsVoir): Tomorrow, July 26, at 3:00 p.m. in Tamarind Hall at India Habitat Centre, PATH's Defeat Diarrheal Disease Initiative (DefeatDD) will convene thought leaders on child health in India at an event titled, "Defeating diarrhea: Integration is the solution."

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New Delhi [India], July 25 (ANI): The Ministry of Road Transport and Highways has estimated a fund requirement of about Rs. 6.92 lakh crore for the development of National Highways in the country during the next five years.

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New Delhi [India], July 25 (ANI): Global leader of Over-the-top content (OTT) YuppTV on Tuesday announced that it has entered into an exclusive partnership with FlowersTV, for the expat community in North America.

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New Delhi [India], July 25 (ANI-BusinessWireIndia): RakshaBandhan is one of the most auspicious occasions in the Hindu tradition. The festival has originated in the Indian soil, but it has gained prominence across the globe.

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19 percent of India's population financially excluded: Study

Updated: Jul 25, 2017 14:09 IST     

New Delhi [India], July 25 (ANI): Despite a strengthened institutional credit network, a study conducted by ASSOCHAM and EY has highlighted major lag in terms of financial services in the country, with 19 percent of the

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Jugnoo becomes finalist in K-Startup grand challenge in Korea

Updated: Jul 25, 2017 14:09 IST     

New Delhi [India], July 25 (ANI-NewsVoir): Jugnoo, India's leading hyperlocal startup, is all set to create its footprints in the South Korean market. The B2B offering of the company, Tookan has been selected as one of the top three finalists to participate in K-Startup Grand Challenge - a 4 month accelerator programme, organised by the Korean government. Jugnoo is selected from the 70 Indian Startups that auditioned for the challenge becoming one of the top three finalists making it a big achievement for the team.

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New Delhi [India], July 25 (ANI-NewsVoir): India's fashion power-house, Aditya Birla Fashion and Retail Ltd.'s Van Heusen Innerwear and Athleisure business today announced a pan India growth plan in this emerging segment. Since its foray last year, Van Heusen Innerwear and Athleisure has created a strong presence across 1700+ outlets across 80+ towns in South India, with its premium and innovative collection.

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Competition Commission of India approves Vodafone-Idea merger

Updated: Jul 25, 2017 13:04 IST     

New Delhi [India], July 25 (ANI-NewsVoir): The Competition Commission of India (CCI) today unconditionally approved the merger of the telecommunications businesses of Vodafone India Limited, and its wholly-owned subsidiary Vodafone Mobile Services Limited, with Idea Cellular Limited. The USD 23 billion transaction is the largest transaction by value in the history of Indian M&A.

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