Amazon bets big on tier 2 and tier 3 Indian cities driving its growth
Jul 09, 2021, at 09:36 pm
Kolkata/IBNS: Around 65 percent of Amazon's orders in India are placed from tier two cities driving the growth of the American e-commerce giant in the South Asian nation, said a top official.
Jul 09, 2021, at 07:47 pm
Recently, Adani Group Australia has been working extensively to make both its projects operational by the end of 2021. While Adani Carmichael mine is set to start the production by 2021, the rail project is also nearing completion.
Mahindra & Magenta launches end-to-end EV solutions in Bengaluru
Jul 09, 2021, at 06:07 pm
Bengaluru/UNI: Mahindra group and Magenta, clean energy solutions enterprise, have announced their association to redefine last-mile deliveries in Bengaluru with Mahindra Treo Zor electric cargo vehicles.
Rupee rises eight paise against USD
Jul 09, 2021, at 06:02 pm
Mumbai/UNI: The Rupee on Friday improved by eight paise at 74.62 against the US Dollar in early trade, on fresh selling of USD by bankers and exporters, dealers at the Forex Market said.
Volvo Cars reports best ever first half year sales in 2021
Jul 09, 2021, at 05:45 am
Kolkata/IBNS: Volvo Cars reported its strongest first half year sales in the first six months of 2021 as it sold 380,757 cars globally, an increase of 41.0 per cent compared with the same period last year.
SBI General Insurance launches 'Arogya Supreme' Health Insurance plan
Jul 08, 2021, at 08:28 pm
New Delhi/UNI: SBI General Insurance, one of India’s leading general insurers, has announced the launch of a comprehensive health insurance plan named ‘Arogya Supreme’ on Thursday.
HDFC Bank spends Rs. 634.91 crore towards CSR in FY 2020-2021
Jul 08, 2021, at 08:25 pm
New Delhi/UNI: HDFC Bank spent Rs 634.91 crore towards Parivartan, the umbrella programme for all Corporate Social Responsibility initiatives, in FY 2020-21.
Airtel Payments Bank launches ‘Pay to Contacts’ for UPI payments
Jul 08, 2021, at 07:29 pm
New Delhi/UNI: Airtel Payments Bank has launched ‘Pay to Contacts’ which allows customers to initiate a UPI payment just by selecting the receiver’s mobile number from their phonebook.
Dept of Public Enterprises back with Finance Ministry for better coordination and asset management
Jul 08, 2021, at 01:18 am
New Delhi/IBNS: The Department of Public Enterprises (DPE) which was created in 1965 as Bureau of Public Enterprises (BPE) has been placed under the ministry of finance to allow "direct and better" coordination, according to a media report.
Petrol price surges past Rs 100 per litre in Delhi
Jul 07, 2021, at 10:42 pm
New Delhi/UNI: Petrol prices crossed the Rs 100 per litre-mark in New Delhi on Tuesday after fuel retailers raised petrol rates by 35 paise per litre and diesel by 17.
Indian Market: Sensex regains 193.58 pts
Jul 07, 2021, at 10:36 pm
Mumbai/UNI: The BSE Sensex on Wednesday bounced back by 193.58 pts at 53,054 on the strength of Metal, Realty, Capital Goods and Industrial stocks.
Tata Steel moves up by 4.38 pc to Rs 1217.80
Jul 07, 2021, at 10:34 pm
Mumbai/UNI: Tata Steel on Wednesday surged by 4.38 pc to Rs 1217.80, a major gainer in 30 scrips of the BSE.
Kotak Securities announces investment of Rs.10 Crore in Kredent InfoEdge
Jul 07, 2021, at 04:43 am
Kolkata/IBNS: Kotak Securities Limited (KSL) on Tuesday announced the closure of its investment in financial technology startup Kredent InfoEdge Private Limited (KIPL) for a total cash consideration of Rs 10 crore as part of its recently launched Start-up Investment and Engagement Programme.
The Republic of Malawi opens its first consulate office in Kolkata
Jul 07, 2021, at 03:32 am
Kolkata/IBNS: The Republic of Malawi, located in the south-eastern part of Africa, opened its first consulate office in Kolkata on Tuesday.
Amazon India launches two all-women delivery stations in Kerala
Jul 07, 2021, at 02:43 am
Thiruvananthapuram/UNI: Amazon India on Tuesday announced the launch of two all-women delivery stations in Kerala.
First commercial shipment of Mishri variety of cherries from Kashmir exported to Dubai
Jul 07, 2021, at 12:12 am
New Delhi: In a step towards boosting horticultural crops exports, a first commercial shipment of Mishri variety of luscious cherries from Kashmir valley has been exported to Dubai from Srinagar.APEDA assisted the shipment of cherries to Dubai by MS Desai Agri-Food Private Limited, a venture company of MS Innoterra, Dubai.
Fujifilm appoints Koji Wada as the MD for India
Jul 06, 2021, at 11:04 pm
Mumbai/UNI: Fujifilm India Private Limited (FFIN), a pioneer in imaging technologies, on Tuesday announced the appointment of Koji Wada as the new Managing Director for Fujifilm India, effective from June 29 this year.
WardWizard clocks 310 pc sales growth in June
Jul 06, 2021, at 10:52 pm
New Delhi/UNI: WardWizard Innovations and Mobility Ltd, a manufacturer of electric two-wheeler brand ‘Joy e-bike’, closed the month of June 2021 with bullish tendency, selling 938 units and registering a growth of more than 310 per cent.
GST collection for June drops to Rs. 92849 crore
Jul 06, 2021, at 10:49 pm
New Delhi: The gross GST revenue collected in the month of June’ 2021 is Rs. 92,849 crore of which CGST is Rs. 16,424 crore, SGST is Rs. 20,397, IGST is Rs. 49,079 crore (including Rs. 25,762 crore collected on import of goods) and Cess is Rs. 6,949 crore (including Rs. 809 crore collected on import of goods).
Snapdeal ropes in senior Walmart Executive Saurabh Bansal as Chief Merchandising Officer
Jul 06, 2021, at 10:28 pm
New Delhi: Snapdeal, an e-commerce company, on Tuesday announced the appointment of Saurabh Bansal as its Chief Merchandising Officer.
Indian Market: Sensex falls 18.82 pts
Jul 06, 2021, at 10:21 pm
Mumbai/UNI: The BSE Sensex on Tuesday fell marginally by 18.82 pts to settle at 52,861.18 as selling was seen in Auto, Technology, IT and Health Care stocks.
Amazon Pay ICICI Bank credit card on-boards over two million customers
Jul 06, 2021, at 10:19 pm
Kolkata: ICICI Bank and Amazon Pay on Tuesday announced that the Bank has crossed the milestone of issuing two million ‘Amazon Pay ICICI Bank' credit cards.
Rupee marginally up by 3 paise against USD
Jul 06, 2021, at 05:04 pm
Mumbai/UNI: The Rupee on Tuesday moved up by three paise at 74.27 against the US Dollar in the early trade, on selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.
JK Cement attempts to redefine its brand identity
Jul 06, 2021, at 01:04 am
Mumbai/IBNS: As JK Cement, part of JK organisation, attempts to redefine their corporate identity it claimed to triple its market capitalization to USD three billion in the last fiscal, reaffirming its position as one of the fastest growing companies in the cement industry.
Flipkart Wholesale launches digital platform in Bihar
Jul 05, 2021, at 11:55 pm
Kolkata: Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, on Monday announced the expansion of its operations across seven cities in Bihar with an aim to offer local fashion retailers a safe and seamless platform to buy apparel and footwear with doorstep delivery.
Shriram City Union Finance signs MOU with Bharath Institute of Higher Education and Research (BIHER)
Jul 05, 2021, at 11:31 pm
Kolkata: Shriram City Union Finance, a Non-Banking Financial Company signs a MOU with Bharath Institute of Higher Education and Research (BIHER), a regional multi-disciplinary University in Chennai for up-skilling the talent of its employees through the Continuous Learning Partnership Program (CLPP).
Jul 05, 2021, at 11:06 pm
New Delhi: HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund, a mutual fund house with Rs. 4.11 lakh crore in Assets Under Management as on May 31, 2021, announced campaign on HDFC Flexi Cap Fund’s journey and accomplishment over past 26 years - #WealthCreation.
Indian Rupee bounces back 44 paise against USD
Jul 05, 2021, at 11:03 pm
Mumbai/UNI: The Rupee on Monday smartly recovered, registering 44 paise gain to close at 74.30 against the USD on selling US Dollar by bankers and exporters, dealers at the Forex Market said.
State Bank of India up by 1.92 pc to Rs 432.70
Jul 05, 2021, at 10:43 pm
Mumbai/UNI: SBI on Monday rose by 1.92 pc to Rs 432.70 a major gainer in 30 scrips of BSE.
Indian Market: Sensex surges 395.33 pts
Jul 05, 2021, at 10:41 pm
Mumbai/UNI: The BSE Sensex on Monday advanced further by 395.33 pts to close at 52,880.00 on the strength of Realty, Metal, Materials, Bankex and Telecom stocks.