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Hindustan Aeronautics Limited (HAL) Hits All-Time High, Stock Turns Ex-Dividend

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Hindustan Aeronautics Limited (HAL) Hits All-Time High, Stock Turns Ex-Dividend

HAL stock gained as much as 2.7 per cent in trade on Thursday in the morning session. New Delhi: Shares of state-owned Hindustan Aeronautics Ltd (HAL) hit fresh lifetime highs as the stock turned ex-dividend on Thursday. An ex-dividend date is the day on which a stock starts trading without the benefit of the next…

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Business

President Murmu congratulates ISRO for successful deployment of Pragyan Rover

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President Murmu congratulates ISRO for successful deployment of Pragyan Rover

File picture of President Droupadi Murmu. | Photo Credit: ANI President Droupadi Murmu on Thursday congratulated the ISRO over the successful deployment of the Chandrayaan 3’s Pragyan Rover. The deployment took place a few hours after the successful landing of the Lander Module. The Rover was inside the belly of the Lander Module. “I once…

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Science

Chandrayaan-3 | With moon now in India’s orbit, focus shifts to Pragyan rover

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Chandrayaan-3 | With moon now in India’s orbit, focus shifts to Pragyan rover

A dish antenna is seen inside the ISRO Telemetry Tracking and Command Network (ISTRAC) facility on August 23, 2023 in Bengaluru. | Photo Credit: Getty Images With Vikram, the lander module of Chandrayaan-3, successfully landing on the surface of moon on August 23, the focus has now moved to the rover in its belly, Pragyan….

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Science

Qatar Investment Authority To Invest Rs 8,278 Crore In Reliance Retail

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Qatar Investment Authority To Invest Rs 8,278 Crore In Reliance Retail

Qatar Investment Authority will invest Rs 8,278 crore in Reliance Retail. New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278 crore into its retail arm Reliance Retail Ventures Limited (RRVL). “This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore,”…

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Business

Chandrayaan-3 | India lights up the dark side of the moon  

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Chandrayaan-3 | India lights up the dark side of the moon  

India has become the fourth country to successfully land on the moon as the Chandrayaan-3’s lander module, with the rover in its belly, successfully made a soft landing on the lunar surface on Wednesday. Precisely at 6.03 p.m. the lander touched the lunar surface and there were euphoric celebrations at the Mission Operations Complex (MOX)…

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Science

Rupee rises 28 paise to close at 82.71 against U.S. dollar

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Rupee rises 28 paise to close at 82.71 against U.S. dollar

The rupee strengthened for the second consecutive session and appreciated by 28 paise, registering the highest single-day gain in nearly two months, to close at 82.71 (provisional) against the U.S. dollar on Wednesday. Forex traders said IPO-driven inflows and positive tone in the domestic markets supported the upward move. Softening of crude oil prices also…

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Business

QIA to invest $1 billion in India’s Reliance Retail Ventures

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QIA to invest billion in India’s Reliance Retail Ventures

Representational file image | Photo Credit: Reuters Qatar Investment Authority will invest ₹82.78 billion ($1 billion) in Reliance Retail Ventures, the retail arm of India’s Reliance Industries , at a pre-money equity value of ₹8.28 trillion, the companies said on August 23. Reliance Retail Ventures has previously raised about ₹472.65 billion from various global investors,…

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Business

Stock markets close higher on buying in banks, firm trends in European indices

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Stock markets close higher on buying in banks, firm trends in European indices

File. | Photo Credit: Arunangsu Roy Chowdhury Benchmark Sensex rose by 213 points while Nifty settled above the 19,400 level on August 23 following buying in banking counters and early gains in European stocks. The BSE Sensex climbed 213.27 points or 0.33% to settle at 65,433.30. During the day, it jumped 284.68 points or 0.43%…

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Business

Spicejet moves Delhi HC challenging order upholding arbitral award in favour of Kalanithi Maran

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Spicejet moves Delhi HC challenging order upholding arbitral award in favour of Kalanithi Maran

File image. | Photo Credit: Reuters Spicejet and its promoter Ajay Singh on August 23 approached the Delhi High Court challenging a single-judge order upholding an arbitral award asking them to refund ₹579 crore plus interest to media baron Kalanithi Maran. The appeals came up before a division bench of Justices Yashwant Varma and Dharmesh…

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