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IndiaTV Business: Google News Feed: Digest for October 22, 2022

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Adani Defence & Aerospace to acquire Air Works for Rs 400 crore

Tuesday 18 October 2022 12:57 PM UTC+00
Adani Defence Systems & Technologies Ltd. (ADSTL) has signed definitive agreements to acquire Air Works, India's biggest and highly diversified independent MRO with the largest pan-India network presence across 27 cities.
Mutual Fund, Diwali offers: India is a land of many traditions and festivals, where people celebrate festivals with great pomp to keep their relationships strong and vibrant. Diwali, the festival of lights, is celebrated by people cutting across religions through out India and the world. To cash in on the festive mood, companies across various spectrums offer products and services that promises prosperity even in the long run. 
Civil Accounts Service officer Bharati Das on Tuesday took charge as the Controller General of Accounts (CGA) under the Department of Expenditure, the finance ministry said.
Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday.
SpiceJet, which has been facing turbulent times, announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying. The hike will be applicable from November 1, 2022, onwards.
Airfare on flights between Delhi, Mumbai, Kolkata and Patna has witnessed a massive surge ahead of the festive season. According to the details, the airfare registered more than a three-fold rise over the off-peak season rates.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Mutual Fund, Diwali offers: India is a land of many traditions and festivals, where people celebrate festivals with great pomp to keep their relationships strong and vibrant. Diwali, the festival of lights, is celebrated by people cutting across religions through out India and the world. To cash in on the festive mood, companies across various spectrums offer products and services that promises prosperity even in the long run. 
Civil Accounts Service officer Bharati Das on Tuesday took charge as the Controller General of Accounts (CGA) under the Department of Expenditure, the finance ministry said.
Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday.
SpiceJet, which has been facing turbulent times, announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying. The hike will be applicable from November 1, 2022, onwards.
Airfare on flights between Delhi, Mumbai, Kolkata and Patna has witnessed a massive surge ahead of the festive season. According to the details, the airfare registered more than a three-fold rise over the off-peak season rates.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
Mutual Fund, Diwali offers: India is a land of many traditions and festivals, where people celebrate festivals with great pomp to keep their relationships strong and vibrant. Diwali, the festival of lights, is celebrated by people cutting across religions through out India and the world. To cash in on the festive mood, companies across various spectrums offer products and services that promises prosperity even in the long run. 
Civil Accounts Service officer Bharati Das on Tuesday took charge as the Controller General of Accounts (CGA) under the Department of Expenditure, the finance ministry said.
Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday.
SpiceJet, which has been facing turbulent times, announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying. The hike will be applicable from November 1, 2022, onwards.
Airfare on flights between Delhi, Mumbai, Kolkata and Patna has witnessed a massive surge ahead of the festive season. According to the details, the airfare registered more than a three-fold rise over the off-peak season rates.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
Civil Accounts Service officer Bharati Das on Tuesday took charge as the Controller General of Accounts (CGA) under the Department of Expenditure, the finance ministry said.
Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday.
SpiceJet, which has been facing turbulent times, announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying. The hike will be applicable from November 1, 2022, onwards.
Airfare on flights between Delhi, Mumbai, Kolkata and Patna has witnessed a massive surge ahead of the festive season. According to the details, the airfare registered more than a three-fold rise over the off-peak season rates.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday.
SpiceJet, which has been facing turbulent times, announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying. The hike will be applicable from November 1, 2022, onwards.
Airfare on flights between Delhi, Mumbai, Kolkata and Patna has witnessed a massive surge ahead of the festive season. According to the details, the airfare registered more than a three-fold rise over the off-peak season rates.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.
SpiceJet, which has been facing turbulent times, announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh a month for 80 hours of flying. The hike will be applicable from November 1, 2022, onwards.
Airfare on flights between Delhi, Mumbai, Kolkata and Patna has witnessed a massive surge ahead of the festive season. According to the details, the airfare registered more than a three-fold rise over the off-peak season rates.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation (DGCA) on Wednesday.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
RBI to contain rate hike: RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the Reserve Bank to contain price rise by repeatedly increasing interest rates will help in containing inflation, which is likely to fall below 6 per cent next year.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.

Rupee falls 6 paise to all-time low of 83.06 against US dollar

Thursday 20 October 2022 04:14 AM UTC+00
The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade on Thursday due to a stronger greenback overseas and unrelenting foreign fund outflows.

Nokia sees improved 3Q profit, sales on strong demand for 5G

Thursday 20 October 2022 10:06 AM UTC+00
Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators.
Twitter's workforce is likely to witness job cuts as Elon Musk has plans to lay off several employees, if and when he becomes the owner of the social media company. According to a report by The Washington Post, Musk's plan in connection with the layoff was shared by him with prospective investors during talks over his Twitter purchase. 
The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday.
BSE and NSE will conduct a one-hour special muhurat trading session on Monday. The session will mark the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali.

Sensex climbs 104 points, Nifty ends at 17,576.30

Friday 21 October 2022 11:43 AM UTC+00
Equity benchmark indices managed to end in positive territory after facing volatility in the latter part of the trade on Friday amid gains in Axis Bank and ICICI Bank. Foreign institutional investors (FIIs) turning net buyers in the market on Thursday after many sessions also added to the momentum.
Reliance Jio Q2 results: Reliance Jio Infocomm on Friday posted a 28 percent year-on-year rise in its net profit for the September quarter at Rs 4,518 crore.
The State Bank of India (SBI) has revised the Retail Term deposits (deposit below Rs 2 crores) interest rates upward (up to 80 bps), effective from 22nd October 2022.
Reliance retail Q2 earnings: Reliance Retail on Friday reported a 51.18 percent jump in pre-tax profit at Rs 4,404 crore for the September 2022 quarter, led by store additions and a strong revival in footfalls. The retail arm of Reliance Industries Ltd (RIL) said it had posted a pre-tax profit or EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of Rs 2,913 crore in the July-September quarter of FY21.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
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