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July 2022
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News Headlines
Eknath Shinde is Maharashtra Chief Minister, Devendra Fadnavis his deputy        Uddhav Thackeray steps down as Maharashtra CM after SC refuses to stay floor test        BJP takes stock of situation as rebel Shiv Sena MLAs consolidate position to topple MVA govt        Return and talk to me: Uddhav Thackeray to rebel MLAs camping in Guwahati        Defamation case: Kangana Ranaut to appear before Mumbai court on July 4        England will come out with same mindset against India: Ben Stokes        CHANGE IN BLOOD GROUP-IS IT POSSIBLE?        Biden, G-7 leaders huddle on energy, inflation, Ukraine war        Russia strikes Kyiv as troops consolidate gains in the east        FinMin asks banks to explore fintech partnership, co-lending opportunities        Rohit Sharma can be relieved as captain from T20s: Sehwag        Former goalkeeper Petr Cech leaving Chelsea advisory role        ED summons Shiv Sena MP Sanjay Raut on Tuesday        Assam flood situation improving, 22 lakh affected        Keep the momentum intact till 2024 Lok Sabha election: Mayawati        SC grants relief to rebel Sena MLAs, no decision be taken on their disqualification till July 11        Italy pips US men to relay gold in swimming worlds finale        After 5 months, ONGC finally gets a director on HPCL board        FinMin asks banks to explore fintech partnership, co-lending opportunities        Biden, G-7 leaders huddle on energy, inflation, Ukraine war        
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Business News
Mcap of eight of top-10 firms tumbles over Rs 2.48 lakh cr; Reliance biggest drag
 
New Delhi: Eight of the 10 most valued companies suffered a combined erosion of Rs 2,48,372.97 crore in their market valuation last week in line with a weak broader market trend, with Reliance Industries taking the biggest hit.

While Reliance Industries, Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, State Bank of India, HDFC and Bharti Airtel were the laggards, Hindustan Unilever Limited and Kotak Mahindra Bank emerged as gainers.

The market valuation of Reliance Industries tumbled Rs 1,30,627.7 crore to reach Rs 16,42,568.98 crore.

State Bank of India's market capitalisation (mcap) tanked Rs 35,073.72 crore to Rs 3,97,189.84 crore. The valuation of ICICI Bank plummeted by Rs 29,279.72 crore to Rs 4,70,856.80 crore and that of Infosys eroded by Rs 16,869.36 crore to Rs 6,32,432.92 crore.

HDFC Bank's market valuation diminished by Rs 14,427.28 crore to Rs 7,16,641.13 crore and that of Bharti Airtel declined by Rs 11,533.26 crore to Rs 3,78,620.36 crore.

The mcap of Tata Consultancy Services went lower by Rs 7,153.45 crore to Rs 12,48,998.89 crore and that of HDFC fell by Rs 3,408.48 crore to Rs 3,86,636.58 crore.

In contrast, Hindustan Unilever added Rs 10,514.42 crore taking its valuation to Rs 5,15,582.56 crore.

The market capitalisation of Kotak Mahindra Bank jumped Rs 1,231.33 crore to Rs 3,53,200.33 crore.

In the ranking of top-10 firms, Reliance Industries remained the most valued firm, followed by Tata Consultancy Services, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, State Bank of India, HDFC, Bharti Airtel and Kotak Mahindra Bank.


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KERALA NEWS
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INTERNATIONAL NEWS
Biden, G-7 leaders huddle on energy, inflation, Ukraine war
 Berlin, Jun 26 (AP) President Joe Biden and his Group of Seven allies will huddle Sunday on strategi
Russia strikes Kyiv as troops consolidate gains in the east
Biden, G-7 leaders huddle on energy, inflation, Ukraine war
Russia strikes Kyiv as troops consolidate gains in the east
NATIONAL NEWS
Return and talk to me: Uddhav Thackeray to rebel MLAs camping in Guwahati
 Mumbai, Jun 28 (PTI) Shiv Sena president Uddhav Thackeray on Tuesday appealed rebel MLAs of his part
Defamation case: Kangana Ranaut to appear before Mumbai court on July 4
ED summons Shiv Sena MP Sanjay Raut on Tuesday
Assam flood situation improving, 22 lakh affected
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