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Tata Said to Be in Talks to Buy Wistron's iPhone Manufacturing Plant in India
Tata is said to be in talks with Wistron, the Taiwan-based contract smartphone manufacturer, to purchase its manufacturing facility for up to 5000 crore rupees, according to a report. The salt-to-software conglomerate was previously reported to be in talks with Wistron to establish a joint electronics manufacturing venture in India, to produce iPho...
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Delhi To Give Rs 5,000 To Workers Affected Due To Ban On Construction Activities
Delhi government will deposit Rs 5,000 each in bank accounts of construction workers who were affected by the ban on construction activities in the city due to air pollution, said Chief Minister Arvind Kejriwal on Thursday.
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Air India's Disinvestment To Be Reinitiated: Nirmala Sitharaman
"Strategic disinvestment of select Central Public Sector Enterprises (CPSEs) will continue to be a priority. Strategic disinvestment of Air India will re-initiate. 1 lakh 5000 rupees is disinvestment target for 2019-20," she said.
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No Plans To Introduce New Denomination Notes: RBI
Minister of State for Finance Arjun Ram Meghwal had told Parliament on Friday that the government is not planning to print Rs 5,000 and Rs 10,000 currency notes.
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No Plans To Introduce 5,000, 10,000 Currency Notes: Government
Economic Affairs Secretary Shaktikanta Das had last month said that the government has no plans to re-introduce 1,000 rupee notes.
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Pakistan Rejects Call To Demonetize 5,000-Rupee Note
Pakistan's government has dismissed a recommendation from the upper house of parliament to scrap the 5,000 Pakistani rupee bank note to cut the flow of illicit money and reduce the size of the informal economy.
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New Rules Are 'Desperate' Steps Of 'Desperate' Government: P Chidambaram
Dubbing the new rule on deposit of old currency notes as "desperate measures of a desperate government", former Finance Minister P Chidambaram today said hoarders have laundered their money while the poor and the middle class have been left high and dry.
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Repeat Deposits Of Old Notes Raise Doubts: Arun Jaitley On Latest Rule Change
Finance Minister Arun Jaitley today explained the latest change in rules for depositing old notes in bank accounts, criticised by the opposition as "desperate measures." The government had said on Monday that people can from now till December 30 make just one deposit of more than 5,000 rupees in banned 500 and 1,000-rupee notes and will have to exp...
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New Deposit Scheme Allows Old Notes Worth 5,000-Plus Only Once Till December 30
The government has in new restrictions said that deposits of more than 5,000 rupees in old 500 and 1,000-rupee notes can be made in a bank account only once from today till December 30, the deadline for depositing old notes. The Finance Ministry said any deposit of over Rs 5,000 will be subject to questioning by two bank officials, who have to be g...
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Scrapping Large Currency Not New, India Once Even Had 5000, 10000 Rupee Notes
The sudden move to demonetise Rs 500 and Rs 1,000 currency notes is not new. Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978.
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India To Spend 5,000 Crore Rupees On Rooftop Solar Power Through 2021
India has earmarked Rs. 5,000 crore rupees to pay for the installation of rooftop solar panels over the next five years that will generate up to 4,200 megawatts of power, the government said today.
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Government to Raise Rs 5000 Crore via ETF Sale: Report
The previous government had set up the exchange traded fund (ETF) last year as a way of selling shares in 10 state-owned companies. It raised 30 billion rupees in an oversubscribed offering as investors welcomed access to a basket of firms.
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Rupee Ends Lower at 61.5 Amid Choppy Trend
The partially convertible rupee closed at 61.5450/5600 per dollar compared with 61.4925/5000 on Wednesday.
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Rupee Ends at 61.49, Gains on Foreign Fund Inflows
The partially convertible rupee closed at 61.4925/5000 per dollar compared with 61.55/56 on Tuesday.
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No Rs 5,000 Denomination Note Launch, Says RBI
In the 1950s, high denomination notes- Rs 1,000, Rs 5,000 and Rs 10,000 were printed but later taken out of circulation.
-
Tata Said to Be in Talks to Buy Wistron's iPhone Manufacturing Plant in India
Tata is said to be in talks with Wistron, the Taiwan-based contract smartphone manufacturer, to purchase its manufacturing facility for up to 5000 crore rupees, according to a report. The salt-to-software conglomerate was previously reported to be in talks with Wistron to establish a joint electronics manufacturing venture in India, to produce iPho...
-
Delhi To Give Rs 5,000 To Workers Affected Due To Ban On Construction Activities
Delhi government will deposit Rs 5,000 each in bank accounts of construction workers who were affected by the ban on construction activities in the city due to air pollution, said Chief Minister Arvind Kejriwal on Thursday.
-
Air India's Disinvestment To Be Reinitiated: Nirmala Sitharaman
"Strategic disinvestment of select Central Public Sector Enterprises (CPSEs) will continue to be a priority. Strategic disinvestment of Air India will re-initiate. 1 lakh 5000 rupees is disinvestment target for 2019-20," she said.
-
No Plans To Introduce New Denomination Notes: RBI
Minister of State for Finance Arjun Ram Meghwal had told Parliament on Friday that the government is not planning to print Rs 5,000 and Rs 10,000 currency notes.
-
No Plans To Introduce 5,000, 10,000 Currency Notes: Government
Economic Affairs Secretary Shaktikanta Das had last month said that the government has no plans to re-introduce 1,000 rupee notes.
-
Pakistan Rejects Call To Demonetize 5,000-Rupee Note
Pakistan's government has dismissed a recommendation from the upper house of parliament to scrap the 5,000 Pakistani rupee bank note to cut the flow of illicit money and reduce the size of the informal economy.
-
New Rules Are 'Desperate' Steps Of 'Desperate' Government: P Chidambaram
Dubbing the new rule on deposit of old currency notes as "desperate measures of a desperate government", former Finance Minister P Chidambaram today said hoarders have laundered their money while the poor and the middle class have been left high and dry.
-
Repeat Deposits Of Old Notes Raise Doubts: Arun Jaitley On Latest Rule Change
Finance Minister Arun Jaitley today explained the latest change in rules for depositing old notes in bank accounts, criticised by the opposition as "desperate measures." The government had said on Monday that people can from now till December 30 make just one deposit of more than 5,000 rupees in banned 500 and 1,000-rupee notes and will have to exp...
-
New Deposit Scheme Allows Old Notes Worth 5,000-Plus Only Once Till December 30
The government has in new restrictions said that deposits of more than 5,000 rupees in old 500 and 1,000-rupee notes can be made in a bank account only once from today till December 30, the deadline for depositing old notes. The Finance Ministry said any deposit of over Rs 5,000 will be subject to questioning by two bank officials, who have to be g...
-
Scrapping Large Currency Not New, India Once Even Had 5000, 10000 Rupee Notes
The sudden move to demonetise Rs 500 and Rs 1,000 currency notes is not new. Rs 1,000 and higher denomination notes were first demonetised in January 1946 and again in 1978.
-
India To Spend 5,000 Crore Rupees On Rooftop Solar Power Through 2021
India has earmarked Rs. 5,000 crore rupees to pay for the installation of rooftop solar panels over the next five years that will generate up to 4,200 megawatts of power, the government said today.
-
Government to Raise Rs 5000 Crore via ETF Sale: Report
The previous government had set up the exchange traded fund (ETF) last year as a way of selling shares in 10 state-owned companies. It raised 30 billion rupees in an oversubscribed offering as investors welcomed access to a basket of firms.
-
Rupee Ends Lower at 61.5 Amid Choppy Trend
The partially convertible rupee closed at 61.5450/5600 per dollar compared with 61.4925/5000 on Wednesday.
-
Rupee Ends at 61.49, Gains on Foreign Fund Inflows
The partially convertible rupee closed at 61.4925/5000 per dollar compared with 61.55/56 on Tuesday.
-
No Rs 5,000 Denomination Note Launch, Says RBI
In the 1950s, high denomination notes- Rs 1,000, Rs 5,000 and Rs 10,000 were printed but later taken out of circulation.
