Air India sale to be concluded by September as govt invites financial bids
Apr 14, 2021, at 04:41 am
New Delhi/IBNS: The sale of national carrier Air India has reached the financial bidding stage and the transaction is likely to be concluded by September this year, said media reports.
Bharat Petroleum selects Accenture to digitally transform its sales and distribution network
Apr 13, 2021, at 11:01 pm
New Delhi: Bharat Petroleum Corporation Limited (BPCL), the second largest Indian Oil Marketing Company, a ‘Maharatna’ and a Fortune Global 500 Company and Accenture (NYSE: ACN) are collaborating to transform India’s second largest oil and gas company digitally through reimagining its extensive sales and distribution network.
Larsen & Toubro begins constructing the 300MW Solar Plant in Saudi Arabia
Apr 13, 2021, at 10:57 pm
New Delhi: The Renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured the go-ahed to begin constructing the 300MW Jeddah Solar PV Power Plant.
M&M up by 8.02 pc to Rs 811.65
Apr 13, 2021, at 10:08 pm
Mumbai/UNI: Mahindra & Mahindra on Tuesday gained by 8.02 pc to Rs 811.65, a major gainer in 30 scrips of the BSE.
Indian Market: Sensex jumps 660.68 pts
Apr 13, 2021, at 09:49 pm
Mumbai/UNI: The BSE Sensex on Tuesday rallied 660.69 pts to close at 48,544.06 following gains in Auto, Bankex, Finance and Realty stocks amid strong global peers.
BharatPe hits new high with 106 million monthly transactions in UPI in Mar 2021
Apr 13, 2021, at 07:41 pm
Kolkata/UNI: BharatPe, one of India's fastest-growing fintech companies, has announced that it has achieved a big milestone by clocking 106 million transactions/ month in the UPI QR payments category in March 2021.
Paytm Payments Bank now largest enabler of digital transactions
Apr 13, 2021, at 07:37 pm
Mumbai/UNI: Paytm Payments Bank Ltd (PPBL) on Tuesday said that it has become the top enabler of digital payments in the country by registering over 970 million digital transactions in the month of March 2021.
Dr Reddy's Labs gets Emergency Use authorisation for Sputnik V in India
Apr 13, 2021, at 07:34 pm
Mumbai/UNI: Pharma major Dr Reddy's Laboratories on Tuesday said that it has received the permission from the Drug Controller General of India (DCGI) to import the Sputnik vaccine into India for restricted use in emergency situations.
Indian Market: Sensex recovers 150 pts
Apr 13, 2021, at 05:21 pm
Mumbai/UNI: The BSE Sensex on Tuesday recovered pts to 48,033.74 in opening session following gains in Materials, Finance, Energy, Consumer Discretionary Goods and Services stocks.
Pandemic boosts digital India, J&K tops list of digitally inclusive states and UTs say study
Apr 13, 2021, at 02:14 am
Mumbai/IBNS: According to a recent study, digital payment transactions in India have gone up by 76 per cent in the January-March period this year compared to what it was in the same period last year.
Chand Family Office Yukti invests in Tamil Nadu based snacks and beverages firm
Apr 13, 2021, at 01:25 am
Coimbatore/IBNS: Tamil Nadu based TABP Snacks and Beverages recently raised a pre series A round of rupees six crore from the Chand Family Office Yukti.
Jammu and Kashmir: Columbus Gold shoes collection unveiled in Srinagar
Apr 13, 2021, at 12:50 am
Srinagar: Footwear company Columbus Sports today unveiled its Columbus Gold collection at its first grand Srinagar Dealer’s Meet 2021.
Indian Rupee down 32 paise against USD
Apr 12, 2021, at 10:35 pm
Mumbai/UNI: The Rupee on Monday slid by 32 paise to 75.06 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
IndusInd Bank down by 8.60 pc to Rs 844.40
Apr 12, 2021, at 10:32 pm
Mumbai/UNI: IndusInd Bank on Monday tumbled down by 8.60 pc to Rs 844.40 as a major loser in 30 scrips of BSE.
Indian Market: Sensex down 1707.94 pts
Apr 12, 2021, at 10:21 pm
Mumbai/UNI: The BSE Sensex on Monday dropped 1707.94 pts to settle at 47,883.38 fearing that the government could go for stricter lockdowns to contain the second wave of Covid-19 and hampering the economic recovery.
Indian Market: Sensex crashed over 1100 pts
Apr 12, 2021, at 03:59 pm
Mumbai/UNI: The BSE Sensex on Monday dropped 1163.47 pts to 48,427.85 in opening session as heavy selling was seen in Finance, Auto, Bankex and Utilities stocks.
Kotak partners with former IPL champion side Kolkata Knight Riders
Apr 10, 2021, at 12:40 am
Kolkata: Kotak Mahindra Bank Ltd (KMBL) on Friday announced that it is the proud official partner of Kolkata Knight Riders(KKR) for the second consecutive year.
Indian market: Sensex down 154.89 pts
Apr 09, 2021, at 11:19 pm
Mumbai/UNI: Snapping a winning streak of last three sessions, the BSE Sensex on Friday slipped by 154.89 pts to settle at 49,591.32 in volatile trade on profit-booking by local operators.
Indian Market: Sensex at flat note, up 12 pts
Apr 09, 2021, at 10:47 pm
Mumbai/UNI: The BSE Sensex on Friday was seen on a flat note at 49,759.91, rising by 12 pts in opening session as buying was witnessed Materials, Consumer Discretionary Goods and Services, FMCG and Health Care stocks.
India has record level of stockpiled coal dampening need for new domestic mines: IEEFA
Apr 08, 2021, at 08:32 pm
New Delhi/IBNS: India has achieved a new record high, for the first time stockpiling a total of 132 million tonnes of coal - enough to run India’s power plants for two months - greatly exceeding the average of the previous five years, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).
9 Ways Gold Loan is The Best Bet for Your Financial Requirements
Apr 08, 2021, at 04:35 pm
For decades, people in India have been investing in Gold as a trusted investment instrument. Whether in coins, jewellery, or other forms, the Gold is the most liquid asset instrument you can support. You can find gold buyers anywhere. When you need to raise capital, you can quickly sell it off. However, if you do not wish to sell your Gold, there is a way to procure funds.
Ras Al Khaimah Investment Authority, Ankur Bhatia not bidding for Air India : Report
Apr 08, 2021, at 07:57 am
Mumbai/IBNS: Ras Al Khaimah Investment Authority and Bird Group promoter Ankur Bhatia are not bidding for the national carrier Air India Limited along with SpiceJet chairman Ajay Singh, spokespersons for Ras Al Khaimah government and Bird Group have said, reported Mint.
Unemployment rate in Bhutan hits 5 percent in 2020
Apr 07, 2021, at 11:44 pm
The unemployment rate in Bhutan has increased drastically to 5 percent, according to the latest statistics announced by the Labour Force Survey, which was conducted in November and December 2020. Thimphu, the capital and largest city of Bhutan, has the highest youth unemployment rate.
SBI moves up 2.25 pc to Rs 358.45
Apr 07, 2021, at 10:42 pm
Mumbai/UNI: SBI on Wednesday moved up by 2.25 pc to Rs 358.45, becoming major gainer in 30 scrips of BSE.
Indian Market: Sensex rallies 460.37 pts
Apr 07, 2021, at 10:40 pm
Mumbai/UNI: The BSE Sensex on Wednesday edged up by 460.37 pts at 49,661.76 following gains in Telecom, Bankex, Materials and Auto stocks.
Hyderabad-based organic food brands serving customers across 50 nations
Apr 07, 2021, at 05:24 pm
Hyderabad: An Indian organic food brand is trying to inspire people and change the lives of hundreds of farmers by working with 45,000 of them and even serving customers across 50 countries.
UAE, India and Israel business potential may touch $110B by 2030, feel experts
Apr 07, 2021, at 05:11 pm
Dubai: Strategic partnerships between the UAE, India and Israel have the potential to touch $110 billion by 2030, top diplomats and business leaders feel.
Apr 07, 2021, at 05:01 pm
Mumbai/UNI: Following a spurt in Coronavirus cases and the imposition of fresh restrictions to check the virus spread, the Reserve Bank of India (RBI) on Wednesday decided to maintain the status-quo on the benchmark repo rate — the rate at which the central bank lends short-term funds to banks — at four per cent.
Telecom spectrum: Reliance Jio ties up with Bharti Airtel in Delhi, Mumbai, Andhra
Apr 07, 2021, at 03:16 pm
Mumbai: Reliance Jio Infocomm Ltd announced on Wednesday that it has entered into a definitive Agreement with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading.
India to grow at 12.5 pc in FY 22, predicts IMF
Apr 07, 2021, at 01:27 am
New Delhi/UNI: The International Monetary Fund on Tuesday revised upward its growth projection for India to 12.5 per cent for financial year 2021-22 from 11.5 per cent estimated in January.