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The Department of Telecommunications (DoT) is likely to seek the opinion of the law ministry over allocation of spectrum to enterprises for rolling out private captive networks.
The Directorate of Revenue Intelligence (DRI) has issued a show cause notice to Samsung India Electronics (SIEL), asking why the agency should not recover ₹1,728.47 crore as duty along with interest for alleged customs duty evasion.
Swiss-headquartered commodity trader Trafigura sold its 24.5% interest in Nayara Energy Ltd, formerly Essar Oil, to Hara Capital Sarl, severing ties with Russian energy giant Rosneft.
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Debt-hobbled Glenmark is looking to boost earnings. Execution will be key to winning back investors.
Can Bajaj Finance still be a multibagger stock for new investors? Only if it ‘reinvents’.
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