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Eye-watering problem: Agra-based optician’s claim threatens to break the Indian banks
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Eye-watering problem: Agra-based optician’s claim threatens to break the Indian banks

AGRA: When business evaporated at Gajendra Sharma’s eyeglass shop a couple of miles from the Taj Mahal during India’s strict COVID-19 lockdown, he was relieved to hear about a pandemic debt moratorium that would give him breathing room on his home loan. Now, however, the 53-year-old optician’s $13,500 debt risks destabilising India’s banks, authorities warn.…

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Banks cannot auction project without the approval of buyers, authority: Haryana RERA
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Banks cannot auction project without the approval of buyers, authority: Haryana RERA

SynopsisGurgaon bench of Haryana Real Estate Regulatory Authority has threatened to take penal action against the banks if they auction the project of any builder to recover dues, without taking the approval of the authority. Gurgaon bench of Haryana Real Estate Regulatory Authority has threatened to take penal action against the banks if they auction…

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What to buy/avoid: Three experts answer
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What to buy/avoid: Three experts answer

Some of Dalal Street’s leading fund managers Navneet Munot, CIO, SBI MF, Nilesh Shah, MD, Kotak Mutual Fund and Anand Radhakrishnan, CIO, Franklin Templeton Mutual Fund, spoke at an online event organised by IMC on various issues related to the markets and the economy. The chat was moderated by Gautam Trivedi, co-founder of Nepean Capital.On…

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Market Movers: Happiest Minds makes investors happy, realty drags; 288 stocks hit upper circuits
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Market Movers: Happiest Minds makes investors happy, realty drags; 288 stocks hit upper circuits

Mumbai: A stellar debut for Happiest Mind Technologies was the key highlight of Thursday’s session, even as a selloff in RIL and financials weighed heavy and dragged the frontline indices. Nifty formed a small negative candle with long upper shadow, signalling the emergence of profit booking at higher levels. Realty stocks were battered the most…

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Cushman & Wakefield appoints Vibhor Jain as head of North India
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Cushman & Wakefield appoints Vibhor Jain as head of North India

NEW DELHI: Property consultancy Cushman & Wakefield has appointed Vibhor Jain as North India Head. With 13 years of experience in real estate, and focus on commercial leasing, business development and client engagement, Vibhor will lead Delhi NCR office. Vibhor was co-heading the North India Brokerage Business for JLL. “His addition to our existing talent…

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