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Livemint

Who would have thought that chai would get delivered: Chaayos' Nitin Saluja
Livemint
Chaayos was born in November 2012 to address the innate need of Indians for a hygienic, made-to-taste cup of chai outside one's home. We played on a very simple insight—every individual in India likes their chai a particular way, meri wali chai, as we ...

via via Google News

Livemint

Ashish Dhawan's CSF closes $40 million fund for early education
Livemint
New Delhi: Ashish Dhawan-promoted Central Square Foundation (CSF), London-based hedge fund Steadview Capital, the Bill and Melinda Gates Foundation (BMGF), and Google India have pooled in $40 million to help improve early-stage education in ...

via via Google News

Livemint

RBI wants Yes Bank to find Rana Kapoor's replacement
Livemint
Mumbai: The banking regulator has asked Yes Bank Ltd to end Rana Kapoor's tenure as managing director and chief executive on 31 January, disregarding the bank's plea to extend his term by three years. The Reserve Bank of India (RBI) has also asked the ...

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Livemint

High retail fuel prices hurting people, Nitin Gadkari says
Livemint
New Delhi: High retail fuel prices are prompting India to seek alternatives to curb crude imports and relieve the pressure on the rupee, according to Road Transport Minister Nitin Gadkari, a key member of Prime Minister Narendra Modi's government.

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Livemint

To showcase opposition unity, CPI to invite Rahul to next month's rally in Patna
Livemint
New Delhi: The Communist Party of India (CPI) is all set to invite Congress president Rahul Gandhi for a public event being organized by the Left party in Bihar's capital, Patna next month. This would be the first time that the Congress chief would ...

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Forbes

Startup Aims To Be Millennials' Bank With Cash-Back Debit Card, High Interest On Savings
Forbes
Like Mint.com, it ingests data from consumers' bank and credit card accounts. Then it makes recommendations, like telling users not to spend more than 50% of their credit card limit in a given month, since that can hurt their credit score. For users ...

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Livemint

Life Healthcare sells its 49.7% stake in Max Healthcare for $293 million
Livemint
Johannesburg: South African private hospital group Life Healthcare said on Wednesday it will sell its entire 49.7% stake in India's Max Healthcare to a global investment firm for 4.3 billion rand ($293 million), in order to focus on its operations ...

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via via Google News

Livemint

Tax officials survey Jet Airways offices in Mumbai, Delhi
Livemint
New Delhi: Income tax officials on Wednesday searched the offices of Jet Airways on a suspected case of tax evasion, adding to worries of the financially troubled airline that recently came under a cloud for deferring its June quarter results. Surveys ...

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Livemint

Amazon, Samara buy Aditya Birla Group's 'More' for ₹4200 crore: report
Livemint
Mumbai/Bengaluru: Amazon.com Inc and Indian private equity firm Samara Capital have bought Aditya Birla Group-owned 'More' retail chain for an enterprise value of ₹4,200 crore ($580.35 million), CNBC TV18 reported, citing sources. Amazon's latest ...

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Livemint

Flipkart launches cashless credit, may apply for NBFC license
Livemint
Bengaluru: Ahead of the Diwali festive season, Flipkart has launched a new so-called cashless credit programme for consumers that will give shoppers access to an instant credit line of up to Rs 60,000 to buy products on the e-commerce marketplace ...

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