Sep 05, 2020, at 01:58 am
Tokyo/IBNS: Japan has said it will give subsidies to its manufacturers who shift base from China to India or Bangladesh, as part of its plans to diversify supply chains, media reports said.
Reliance Retail in advance talks with Silver Lake to sell 1.8 pc stake: Report
Sep 04, 2020, at 11:26 pm
New Delhi/IBNS: The retail wing of billionaire Mukesh Ambani controlled Reliance Industries Ltd (RIL) is reportedly in the final stage of talks with US private equity investor Silver Lake to offload 1.7 per cent to 1.8 per cent stake for about Rs 7,500 crore in what could be the first such deal by the retail giant to raise funds, said a media report.
Indian Market: Sensex crashes 633.76 pts
Sep 04, 2020, at 10:55 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Friday dropped 633.76 pts to settle at 38,357.18 as selling was witnessed across the board amid weak global cues.
Axis Bank slips by 4.07 pc to Rs 455.25
Sep 04, 2020, at 10:53 pm
Mumbai/UNI: Axis Bank on Friday declined by 4.07 pc to Rs 455.25 pc, a major loser in 30 scrips of BSE.
Force Motors August 2020 sale falls by 29.53 pc
Sep 04, 2020, at 10:08 pm
Mumbai/UNI: Force Motors reported a drop of 29.53 per cent in its August 2020 at 1389 units as compared to 1971 units in August 2019.
SAIL achieves highest ever August sales at 14.34 lakh tonnes
Sep 04, 2020, at 10:06 pm
New Delhi/UNI: Steel Authority of India Limited (SAIL), a PSU under Ministry of Steel, posted its best ever August sales performance during August 2020 at 14.34 Lakh Tonnes.
Indian Rupee bounces back by 34 paise against USD
Sep 04, 2020, at 10:04 pm
Mumbai/UNI: The Rupee on Friday bounced back by 34 paise to close at 73.14 against the greenback on fresh selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Tenure of LC Goyal as CMD of India Trade Promotion Organization extended
Sep 04, 2020, at 03:48 pm
The Union government has extended the tenure of LC Goyal as Chairman and Managing Director of India Trade Promotion Organization (ITPO) for one year, according to a recent release.
EESL to procure 250 Electric Vehicles from TATA Motors Limited, Hyundai Motor India Ltd
Sep 04, 2020, at 02:51 pm
New Delhi/IBNS: Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, Government of India, will procure 250 electric vehicles from Tata Motors and Hyundai Motor India.
Should Online Betting Be Legal in India?
Sep 03, 2020, at 04:33 pm
Online betting is a huge trending topic in India. Millions of Indians are extremely open to the idea of using the Internet’s full potential, especially when it comes to online betting. Research has shown that they are extremely open to the idea of wagering their money. But, there is one big problem – online betting is considered an illegal activity according to the Public Gambling Act of India.
Bajaj Auto August 2020 sales drop by 9 pc
Sep 02, 2020, at 10:26 pm
Mumbai/UNI: Auto major, Bajaj Auto reported a drop of 9 per cent in its total sales for the month of August 2020 at 356,199 units as against 3,90,026 units in August 2019.
Indian Rupee slips 16 paise against USD
Sep 02, 2020, at 10:23 pm
Mumbai/uni: The Rupee on Wednesday slipped by 16 paise to end negative at 73.02
Indian Market: Sensex up by 185.23 pts
Sep 02, 2020, at 10:22 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Wednesday rose further by 185.23 pts at 39,086.03 as buying was seen across the board.
Flipkart Wholesale launches digital platform for kiranas, local MSMEs
Sep 02, 2020, at 07:36 pm
Kolkata/IBNS: Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, Wednesday launched its operations with an aim to connect local manufacturers with retailers and bring the entire wholesale marketplace at their fingertips using technology.
Indian Rupee down 23 paise against USD
Sep 02, 2020, at 04:37 pm
Mumbai/UNI: The Rupee on Wednesday dropped by 23 paise at 73.09 against the US Dollar in opening trade on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex up by 113.87 pts
Sep 02, 2020, at 04:35 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday gained by 113 pts at 39,014.67 in opening trade following gains in IT, Telecom, Technologies and Health Care stocks.
BIS certification becomes mandatory for Indian toy industry, stakeholders want more time
Sep 02, 2020, at 01:13 am
New Delhi/IBNS: The Indian toy industry, through their apex body, All India Toys Federation (AITF) have requested the Union government to reconsider the time frame for the mandatory certification from the Bureau of Indian Standards (BIS), which goes into force from September 1, 2020.
Suzuki Motorcycle India sells 57,909 units in August 2020
Sep 01, 2020, at 10:44 pm
Kolkata/UNI: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan made a substantial comeback in the month of August 2020 by recording a sale of 57,909 units.
Piaggio India launches elegant and sporty, special edition Vespa Racing Sixties
Sep 01, 2020, at 10:23 pm
Mumbai/IBNS: Piaggio India on Tuesday launched the classic and aesthetically appealing, special edition Vespa Racing Sixties in 125 and 150 CC in India.
Indian Market: Sensex regains 272.51 pts
Sep 01, 2020, at 10:17 pm
Mumbai/UNI: The benchmark index of the Bombay Stock Exchange (BSE) on Tuesday rose by 272.51 pts to close at 38,900.80 on fresh buying in Telecom, Metal, Power and Capital Goods stocks.
MG Motor India retail August sale moves up by 41 pc
Sep 01, 2020, at 09:56 pm
Mumbai/UNI: MG Motor India reported a rise of 41 pc in its August 2020 in its retail sales at 2851 units as compared with 2,018 units sold in August 2019.
Toyota Kirloskar Motor sold 5555 units in August 2020
Sep 01, 2020, at 09:54 pm
Mumbai/UNI: Toyota Kirloskar Motor on Tuesday said that the company sold a total of 5555 units in the month of August 2020.
Indian Rupee bounces back 74 paise against USD
Sep 01, 2020, at 09:37 pm
Mumbai/UNI: The Rupee on Tuesday bounced back by 74 paise to end positive at 72.86
Indian Market: Sensex recovers over 300 pts
Sep 01, 2020, at 04:06 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday smartly recovered by 362 points at 38,990.45 in opening trade as buying was seen across the board.
Indian Rupee regains 47 paise against USD
Sep 01, 2020, at 04:04 pm
Mumbai/UNI: The Rupee on Tuesday smartly recovered by 47 paise at 73.13 against the US Dollar in opening trade on selling of the greenback by bankers and exporters, dealers at the Forex Market said.
Finance Ministry and UNDP India collaborate to pormote sustainable finance in India
Sep 01, 2020, at 05:59 am
New Delhi/IBNS: The Department of Economic Affairs, Ministry of Finance, Government of India and United Nations Development Programme (UNDP) India have launched the Sustainable Finance Collaborative (SFC). The three-day consultation was held with the objective of bringing together leading experts and organizations to work together to boost the country’s efforts on mobilizing sustainable and green finance.
India's GDP at -23.9 pc marks worst contraction on record
Sep 01, 2020, at 02:47 am
New Delhi/IBNS: India's GDP contracted 23.9 percent in the April-June quarter, the worst ever performance on record, the National Statistical Office (NSO) data showed today.
Sep 01, 2020, at 12:30 am
Mumbai/UNI: Sun Pharma on Monday tumbled down by 7.34 per cent to Rs 515 a major loser in 30 scrips of BSE while ONGC by 1.74 per cent was the top gainer.
India's July retail inflation for industrial workers eases marginally to 5.33 pct
Aug 31, 2020, at 11:12 pm
New Delhi: Retail inflation for industrial workers eased marginally to 5.33 per cent in July, as per government data released on Monday.
Eight core industries' output contracts for the 5th consecutive month in July, moves down by 9.6 pct
Aug 31, 2020, at 10:54 pm
New Delhi: The output of eight core infrastructure industries moved down for the fifth consecutive month in July as it touched 9.6 percent, as per government data released on Monday.