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Markets regulator Sebi on Thursday asked stock exchanges and other market infrastructure institutions (MIIs) to ensure that the Recovery Point Objective (RPO) -- the maximum period for which data loss is tolerable due to a technical glitch or disruptions -- is near zero.
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The row erupted when Tesco proposed firing staff at some distribution centres and rehiring them on lower pay.
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Indian stock markets hit new highs on Thursday, driven by rising commodity stocks and hopes of Chinese interest rate cuts, with seven Nifty50 stocks also reaching new 52-week highs.
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