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Friday, 6 February 2015

Indian Business News

1. Alibaba the E-commerce company ready to enters in the Indian market to dominate the other competitors in this field like flipkart and myntra the domestic e-commerce companies,making contract to buy 25% stack in Paytm. 

2. Tata Motor's stocks fall around 5% in the market due to the unexpected loss shown in recent quarterly result. 

3. NBFC shows less profit due to the strict guidelines by the RBI. 

4. RBI in its monetary review liberalized under the limit for sending money to India from abroad is 2.5lack dollar per person. Besides this it increases the liquidity in system.