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Showing posts with the label business standard

Avenue Supermarts hits new high

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D-Mart with an m-cap of Rs 55,712 crore entered into the list of top-50 most valuable companies. LATEST  NEWS    : Avenue Supermarts, which operates supermarket chain D-Mart, has rallied 7% to Rs 910 on BSE, its highest level since listing on March 21, 2017. Shares of Avenue Supermarts (D-Mart) which is promoted by veteran ace investor Radhakishan Damani, rose 204% against its initial public offer (IPO) price of Rs 299 per share. The company raised Rs 1,870 crore was subscribed more than 100 times. Since March 21, 2017, the shares of D-Mart have outperformed the market by surging 42% compared with a gain of 6.5% in S&P BSE Sensex. At 01:41 pm; the stock was up 5.5% at Rs 893 against 0.53% rise in the benchmark index. A sharp surge in market price has led D-Mart to enter into the list of the top-50 most valuable companies in terms of market capitalisation (m-cap). D-Mart with an m-cap of Rs 55,712 crore stood at 47th position in overall m-ca...

Maharashtra HSC board exam results declared

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Log in to mahresult.nic.in to check your results HSC RESULTS - Around 14 lakh students had taken the HSC Board exam in 2016 with 86.60% as total percentage of passing. This year more than 15.05 lakh students appeared for the exams that began on February 28, 2017 and ended on March 25, 2017.  The number of students include 8, 48,000 boys and 6, 56,000 girls. Nervousness and anxieties are getting intense as the result for Higher Secondary Certificate (HSC) exam (Class 12) is to be declared on May 30, 2017 at 1 PM. The results will be declared on the Maharashtra Board’s official website here mahresult.nic.in. Follow the steps to check your results: · Visit and log in to the official website mahresult.nic.in. · Click on the link that says “Class XII Higher Secondary Certificate HSC results 2017” · Type your Hall Ticket No and other details · Click on the button  “View Result” · Download the Results and take a printout for future reference READ THIS ...

25,000 petrol pumps to shut shop on Sundays from 14 May

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A section of petroleum dealers said they would shut their retail outlets every Sunday starting May 14. Many see this as a tactic to pressure government for higher commission. The Consortium of Indian Petroleum Dealers (CIPD) on Monday asked members to shut shop on Sundays, in line with the prime minister's vision to reduce fuel consumption. The association claims to have more than 25,000 petrol pumps covering south and Maharashtra. All India Petroleum Dealers' Association came out in the public distancing itself from the decision. The move by CIPD comes at a time when the government is yet to take a call on raising dealer's commission. READ THIS :  India's fuel consumption grows at slower rate of 5% in FY17 CIPD president  A D Sathyanarayan  told Business Standard that, except for emergency services like ambulance, fuel will not be available for other vehicles on Sundays. The association is also considering eight-hour working days from May. Distancing itse...

Linking PAN to Aadhaar is now compulsory. Here's how to do it

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1.08 cr assessees done with linking; over 25 cr PAN card holders, 111 cr Aadhaar holders in India If you have not linked your Aadhaar with your PAN on the income tax portal yet, you should not delay it. As per latest circular from income tax (I-T) department, it is now mandatory to provide Aadhaar and permanent account number (PAN) details while filing tax returns. The rule which will be applicable from July 1, 2017 is aimed at tax evaders who hold multiple PAN cards to escape paying tax. Therefore, after linking both the Aadhaar and PAN, the government hopes to keep tabs on the taxable transactions of a particular individual or entity, whose identity and address will be verified by his Aadhaar card By linking the two, entities will no longer have to submit their Income Tax acknowledgement to the I-T department, thus saving tax payers a lot of trouble. When linking, make sure that name, date of birth and gender displayed on the income tax website matches with the detail o...

Hyerabad beat Bangalore in IPL opener

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Defending champions Sunrisers  Hyderabad  rode on a solid top order contribution and some disciplined bowling to defeat Royal Challengers Bangalore (RCB) by 35 runs in the opening match of the 2017 Indian Premier League (IPL) here on Wednesday. Asked to bat first by the visitors, Hyderabad posted a commanding 207/4 in their allotted 20 overs at the Rajiv Gandhi International Stadium. In reply, RCB were bowled out for 172 runs in 19.4 overs. RCB  started their chase in explosive fashion as Chris Gayle and Mandeep Singh scored around 10 runs an over in the first five overs. The visitors suffered their first blow when a Rashid Khan delivery found an inside edge off Mandeep's bat before hitting the stumps. They suffered a bigger blow in the next over when Gayle slightly mistimed a shot off Deepak Hooda only to offer a skier to David Warner at long-off. Kedar Jadhav and Travis Head gave RCB a glimmer of hope with a 56-run stand off 31 balls but Ben Cutting prod...

Motorola brings Moto G5 to India for Rs 11,999

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Moto G5 features a full metal design, faster processor and better camera functionality Handset maker  Motorola  on Tuesday launched the fifth generation of its best-selling Moto G series — Moto G5 — in the Indian market for Rs 11,999. The company had launched the higher-end Moto G5 Plus last month in India.The Moto G5 — which will be available on Online Shopping: Shop Online for Mobiles, Books, Watches, Shoes and More — features a full metal design, faster processor and better camera functionality. The device will compete with handsets from Xiaomi, Micromax as well as those from the stable of its parent Lenovo. Also read: Motorola launches Moto G5 in India at Rs 11,999: All you need to know "Moto G is our biggest franchise and the fastest selling as well. We had launched the   Moto G5  Plus a few weeks back and now we are bringing the Moto G5. India is an important market and we want to offer the best from our portfolio to consumers here," Motorola Mob...

Facebook copies Snapchat again? Co adds detailed camera features

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Facebook Inc is giving the camera a central place on its smartphone app for the first time, encouraging users to take more pictures and edit them with digital stickers that show the influence of rival Snapchat. Shares of Snapchat owner Snap Inc, which held its initial public offering this month, were down 4.1 percent at $22.85 after Faceook's announcement. With an update scheduled to take effect on Tuesday, Facebook will allow users to get to the app's camera with one swipe of their finger and then add visual details like a rainbow or a beard of glitter. Users will be able to share a picture privately with a friend, rather than to all of their friends, and add a picture to a gallery known as a "story," similar to a feature on the Snapchat app. Snapchat popularized sharing of digitally decorated photographs on social media, especially among teenagers, and exposed a weakness of Facebook as the companies battle for eyeballs and leisure time. ...