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The extent of respective shareholding to be divested by the central government and LIC shall be determined on the time of structuring of transaction in session with the RBI. The big profit increase was 12 times bigger than the same interval last 12 months, when the start of the coronavirus pandemic compelled automakers to shutter factories, limiting GM’s net earnings to $247 million. Auto gross sales have slowed down as states impose contemporary restrictions amid the rising COVID-19 cases in the nation.
Highly valued technology firms together with Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc fell between 2.three{cdc17030ebee8ca3ca5ff9633f5ce2954ee4767382adf89e759d5292cf03316e} and four.2{cdc17030ebee8ca3ca5ff9633f5ce2954ee4767382adf89e759d5292cf03316e}. In an unscheduled address, Shaktikanta Das introduced several measures to counter the emerging financial challenges as a result of second wave of the coronavirus illness (Covid-19). Brent neared $70 a barrel and West Texas Intermediate climbed for a third day. The northern English city of Hartlepool will vote for a new member of parliament on Thursday, a check of Prime Minister Boris Johnson’s dealing with of the COVID-19 pandemic and the future of the opposition Labour Party’s new chief. Johnson’s governing Conservative Party hopes to break Labour’s a long time-long maintain over Hartlepool, a former industrial …