India Finance and Business news

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Mamata Banerjee bets big on industry: West Bengal gets Rs 17000 cr investment pledge from corporates
Firstpost Kolkata: Reliance Industries Ltd (RIL) chairman Mukesh Ambani on Tuesday said his company will invest Rs 5,000 crore in West Bengal in businesses such as petroleum and retail. RIL has already pumped in Rs 15,000 crore in the telecom business in the ... ---

Larsen Toubro Infotech paves way for digital transformation at MPPMCL
Larsen  Toubro Infotech paves way for digital transformation at MPPMCL Larsen Toubro Infotech today announced successful deployment of end-to-end Power Portfolio Management Solution for the Indian power utility firm - Madhya Pradesh Power Management Company Limited (MPPMCL).

ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...

India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Will give you love & affection, Mamata tells industry
Will give you love & affection, Mamata tells industry“I want to appeal to the industry captains to invest in all eastern states, not just Bengal. I love our neighbouring states and the people living there,” Banerjee said.

Equity indices shed gains on widened trade deficit, crude prices
Equity indices shed gains on widened trade deficit, crude prices. Read full details

L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
L.L. Bean rebuffs boycott over granddaughter’s big Trump donationA man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.