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Mahindra & Mahindra Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 128788.53 Crore) operating in Auto sector.

Zomato likely to sign Blinkit deal on June 17

Updated at : 2022-06-07 08:20:04

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Zomato has previously invested in Blinkit, and extended a loan of up to $150 million for the quick-commerce entity earlier this year.

Auto sales treble on year in May, but on a low base

Updated at : 2022-06-07 08:20:04

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Retail sales of passenger vehicles and tractors grew by 11.40% (to 263,152 units) and 33.09% (to 52,487 units), respectively, when compared to May 2019. However, registrations of two-wheelers, three-wheelers, and commercial vehicles were down by -13.91% (to 12,22,994 units), -19.32% (to 41,508 units), and -11.44% (to 66,632 units), respectively, against May 2019.

Banks urge RBI not to raise CRR further

Updated at : 2022-06-07 08:20:04

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Indian Banks Association (IBA) made the requests on behalf of the lenders to the central bank last week after excess liquidity dropped to nearly ₹3.5 lakh crore - about half the amount maintained by RBI through the pandemic.

Entry-level and small packs account for up to 55% of fast-moving consumer goods (FMCG) sales, with the exact proportion varying across product categories.

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Once the deal is concluded, it would be the first acquisition by Jindal Stainless Steel under the Insolvency and Bankruptcy Code. Ratan Jindal is the third son of late OP Jindal and the brother of JSW Steel promoter Sajjan Jindal.

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The Dow Jones Industrial Average rose 16.08 points, or 0.05%, to 32,915.78, the S&P 500 gained 12.89 points, or 0.31%, to 4,121.43 and the Nasdaq Composite added 48.64 points, or 0.4%, to 12,061.37.

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Genesys International Corporation, Bombay Rayon Fashions and Polo Hotels are a few companies which will disclose their March quarter earnings today.

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Top oil exporter Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May when prices hit highs due to worries of disruptions in Russian supplies.

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There were over 160,000 investors that held Luna on the exchange on May 9 and by May 15 the number grew by 77% in India, according to Rajagopal Menon, vice president at Binance-owned WazirX. It’s unclear how many more investors held TerraUSD.

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