Author: PTI

Shares of NALCO lost over 4 per cent on Thursday after the company said coal shortages have severely impacted its aluminium production. Shares of the state-owned firm shed 4.08 per cent to trade at Rs 39.95 apiece on the BSE. On the NSE, the scrip declined by 4.08 per cent to Rs 40 apeice.

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Washington: The US House of Representatives passed a bill Tuesday sought by pro-democracy protesters in Hong Kong that aims to defend civil rights in the semi-autonomous territory, prompting an angry response from China. The Hong Kong Human Rights and Democracy Act, which will now move to the Senate before it can become law, has drawn rare bipartisan support in a polarized Congress. The law would end the Hong Kong-US special trading status unless the State Department certifies annually that city authorities are respecting human rights and the rule of law. China expressed “strong indignation” over the passing of the act,…

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‘I don’t really think this impeachment process is going to take very long because as a former prosecutor I know a confession when I see it and he did it in plain sight. He has given us the evidence and he tried to cover it up putting it up in that special server and there’s been a clear consciousness of guilt,’ said Kamala Harris.

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Aiming to double its revenue from consumer business in the next five years, Adani Wilmar has recalibrated its strategy to leverage on its flagship brand, a company official said. Claiming that its brand “Fortune” is already a leader in packaged edible oils in marketshare, the official said the company was leveraging the brand to expand in the food segment which is worth Rs 2,000 crore.

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SBI Life Insurance reported over 48 per cent decline in its net profit at Rs 129.84 crore in the second quarter ended September of the current fiscal year (2019-20). The life insurer had registered a net profit of Rs 250.53 crore in the corresponding July-September period of previous fiscal 2018-19.

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