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With regard to IDBI Bank stake reduction, sources said some positive development has already taken place. Last week, insurance regulator Irdai permitted LIC to pick up 51 per cent stake in IDBI Bank as part of transformation of the lender.",
The Indian arm of the Swiss food giant Nestle reported a net profit of 9.34 billion rupees (2.03 million) for the three months ended March 31, compared with 7.37 billion rupees a year earlier.",
Also, possibility of ‘green’ incentives to be introduced such as tax exemption to interest from green bonds and rationalisation of capital gains rates and holding periods could be expected in the Budget, to be unveiled in Parliament on February 1."
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According to the police, all the flyovers in the city will be closed for traffic from 10 pm on December 31, 2023, till 6 am on January 1, 2024. Foreshore Service Road will be closed from 7 pm on Sunday to 6 am on Monday. Parking of vehicles will also not be allowed along the road from 7 pm and the vehicles will be allowed to exit only through Lighthouse Junction.",
YouTuber and television host Lilly Singh took to Instagram and shared that she spent some time in the hospital because of cysts on her ovaries. She wrote that “it hurts and I’m tired.”",
Tamil Nadu recorded 534 new Covid-19 infections, pushing the tally to 35,66,635 so far, while the death toll remained unchanged at 38,034, the Health Department said on Saturday.",
Days after his arrest in the TRP Game Zone fire case, Rajkot chief fire officer Ilesh Kher was on Wednesday suspended from service by the Rajkot Municipal Corporation (RMC), making him the eighth civic official to face such action."
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Dakshina Kannada district in-charge minister Dinesh Gundu Rao said on Saturday that Akash Shankar, additional commissioner of the education department in Kalaburagi, was entrusted to inquire into the incident."
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>SAARC Development Fund (SDF) plans to tap financial markets as it aims to become a full-fledged regional development bank in the near future, its CEO Sunil Motiwal said Tuesday. With an authorised capital of USD 1.5 billion and a total capital base of USD 500 million, the SDF is working to enhance its credit portfolio to USD 300 million in the next few years by financing a range of projects including renewable sources, transportation, telecom and environment in the SAARC region."
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