Mahindra Auto sector sells 19,358 vehicles in June 2020
Jul 01, 2020, at 06:18 pm
Mumbai/UNI: Auto major Mahindra & Mahindra. (M&M) total sales (Domestic + Exports) For the month of June 2020 stood at 19,358 vehicles , compared to 42,547 vehicles during June 2019.
Hard times forecast for global job recovery in 2020, warns UN labour agency chief
Jul 01, 2020, at 05:23 pm
New York/IBNS: The impact of the COVID-19 crisis on jobs has been much worse than expected initially, the head of the UN labour agency said on Tuesday, in an appeal to Governments, workers and employers, to agree on a sustainable economic recovery plan to reduce inequalities laid bare by the pandemic.
RBI announces special liquidity scheme for NBFCs and HFCs through a SPV
Jul 01, 2020, at 05:16 pm
Mumbai/IBNS: In the bid to improve the liquidity position of the NBFCs and HFCs amid the sagging economic situation triggered by Covid-19 pandemic, the government has approved a special scheme to prevent potential systemic risk in the financial sector, the Reserve Bank said on Wednesday.
Toyota Kirloskar Motor sells 3866 units in June 2020
Jul 01, 2020, at 05:16 pm
Bangalore/IBNS: TKM on Wednesday announced that the company sold a total of 3866 units in the month of June 2020, thereby more than doubling its wholesales when compared to May 2020 (1639 units in May 2020).
Maruti Suzuki sales 57,428 units in June 2020
Jul 01, 2020, at 05:11 pm
New Delhi/IBNS: Automobile giant Maruti Suzuki posted total sales of 57,428 units in June 2020 (including 52,300 units in the domestic market and 839 units to another OEM).
MG Motor India retails 2012 units in June 2020
Jul 01, 2020, at 05:09 pm
Gurugram/IBNS: Automobile giant MG Motor India has recorded sale of 2012 retail units for the month of June 2020.
Nissan India releases glimpses of the much-awaited upcoming B-SUV
Jul 01, 2020, at 05:07 pm
Kolkata/IBNS: Nissan India on Wednesday revealed glimpses of the headlights and grill of its technology-rich and stylish B-SUV concept. For the first time, the B-SUV concept will be showcased to the world on July 16th, 2020 at the global headquarters.
ICICI Bank launches instant loan against mutual funds units
Jul 01, 2020, at 05:05 pm
Mumbai: ICICI Bank announced the launch of a facility that enables retail customers to get loan of up to Rs.1 crore instantaneously by pledging their holdings in both debt and equity schemes of mutual funds.
Axis Bank moves up by 6.40 pc to Rs 432.50
Jul 01, 2020, at 04:55 pm
Mumbai/UNI: Axis Bank on Wednesday surged by 6.40 pc to Rs 432.50 a major gain in 30 scrips of BSE.
Vodafone Idea posts Rs 73,878 cr annual loss
Jul 01, 2020, at 04:51 pm
New Delhi/UNI: India's third largest telecom operator Vodafone Idea on Wednesday reported a net loss of Rs 73,878 crore for 2019-20, the highest ever annual loss by any Indian firm, after making provision for Supreme Court-mandated statutory dues.
Indian Market: Sensex jumps 498.65 pts
Jul 01, 2020, at 04:40 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday rallied by 498.65 pts at 35,414.45, snapping a losing streak of last two sessions following gains in Financial, Bankex, Energy, Oil and Gas and FMCG stocks.
Indian Rupee falls by 9 paise against USD
Jul 01, 2020, at 04:38 pm
Mumbai/UNI: The Rupee on Wednesday slipped by nine paise to 75.59 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
June GST collection stands at Rs. 90,917crore
Jul 01, 2020, at 04:31 pm
New Delhi/IBNS: The gross GST revenue collected in the month of June, 2020 is Rs. 90,917crore of which CGST is Rs. 18,980crore, SGST is Rs. 23,970crore, IGST is Rs. 40,302crore (including Rs. 15,709crore collected on import of goods) and Cess is Rs.7,665 crore (including Rs. 607crore collected on import of goods).
Hyundai Motor India Ltd registers cumulative sales of 26 820 Units
Jul 01, 2020, at 04:29 pm
New Delhi/IBNS: Automobile major Hyundai Motor India Ltd, country’s First Smart Mobility Solutions Provider and largest exporter since inception, registered cumulative sales of 26 820 units for the month of June 2020.
ShareChat says it registers exponential growth after ban on 59 Chinese apps
Jul 01, 2020, at 04:22 pm
Kolkata/UNI: Indian social media platform ShareChat today claimed it witnessed an exponential growth since the government announced a ban on 59 Chinese apps citing concerns around national security and interest.
Chile's jobless rate breaks 10-year record, hits 11.2 pc in March-May amid COVID-19: Data
Jul 01, 2020, at 10:01 am
Buenos Aires/Sputnik: The unemployment in Chile in March-May has broken a 10-year record and plummeted to 11.2 percent due to restrictions imposed in the country to curb the COVID-19 pandemic, the National Statistics Institute said on Tuesday.
LPG cylinder prices increased slightly for July
Jul 01, 2020, at 09:49 am
New Delhi/UNI: The price of Liquified Petroleum Gas (LPG) cylinders was increased marginally from Wednesday, i.e. July 1.
Tata Steel reports consolidated financial results for the quarter and full year ended March 31, 2020
Jun 30, 2020, at 08:53 pm
Mumbai/IBNS: While deliveries of Tata Steel in India were marred by the nationwide lockdown in late March 2020, margins improved on the back of stronger performance in the early part of the quarter, said T V Narendran, CEO & Managing Director, during the announcement of the company’s consolidated financial results for the quarter and full year ended March 31, 2020.
Diverse auto components manufacturer MIL announces Q4 and FY20 results
Jun 30, 2020, at 08:15 pm
Gurugram (Haryana)/IBNS: Minda Industries Limited (MIL), a flagship company of UNO MINDA Group, an auto components manufacturer, recently announced its results for the quarter and year ended March 31, 2020.
Indian Economy: Eight Core Industries growth for May decline by 23.4 pc
Jun 30, 2020, at 05:58 pm
New Delhi/UNI: The growth rate of Index of Eight Core Industries for May contracted by 23.4 per cent compared to decline of 37 per cent in the previous month, the government said on Tuesday.
Jun 30, 2020, at 05:29 pm
Kolkata/IBNS: Bridgestone, the world’s largest tyre and rubber manufacturer, is collaborating with Microsoft to develop a world-first monitoring system for detecting tyre damage issues in real-time.
SBI launches ‘YONO Branches’ on eve of its 65th Bank Day
Jun 30, 2020, at 05:28 pm
Mumbai/IBNS: State Bank of India, the country's largest bank, launched state-of-the-art ‘YONO Branches’ on the eve of the 65th anniversary of its Foundation Day.
HDFC Bank launches 'e-Kisaan Dhan’ App for farmers in rural India
Jun 30, 2020, at 05:25 pm
Mumbai/IBNS: HDFC Bank Ltd. on Tuesday announced the launch of its ‘e-Kisaan Dhan' app for farmers across India to access a bouquet of agricultural and banking services on their mobile.
Ola enables in-app ‘tipping’ globally, to help customers appreciate their drivers
Jun 30, 2020, at 05:19 pm
Kolkata/IBNS: Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies, has rolled out a global feature for customers to express their gratitude and independently reward drivers for going the extra mile to deliver a safe and high-quality ride experience.
Powergrid falls by 2.08 pc to Rs 174.55
Jun 30, 2020, at 04:43 pm
Mumbai/UNI: Powergrid on Tuesday declined by 2.08 pc to Rs 174.55 a major loser in 30 scrips of Bombay Stock Exchange (BSE).
Indian Market: Sensex ends weak at 34,915.80 pts
Jun 30, 2020, at 04:39 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday fell by 45.72 pts to settle at 34,915.80 as selling pressure was seen in Energy, Oil and Gas, Telecom and Health Care stocks.
Punjab and Sind Bank Q4 net loss widens to Rs 236.30 crore
Jun 30, 2020, at 04:38 pm
Mumbai/UNI: Public sector lender, Punjab and Sind Bank has reported a net loss of Rs 236.30 crores for the quarter ended March 31, 2020 as against net loss of Rs 58.57 crores for the period ended December 31, 2019.
Honda commences deliveries of 2020 Africa Twin Adventure Sports in India
Jun 29, 2020, at 11:42 pm
New Delhi/IBNS: Taking the spirit of #TrueAdventure beyond, Honda Motorcycle & Scooter India Pvt. Ltd. on Monday commenced the deliveries of 2020 Africa Twin Adventure Sports. he first customer was handed over the key of his all-new 2020 Africa Twin Adventure Sports at Honda’s exclusive premium big-bike dealership - the Honda BigWing in Gurugram, Haryana.
SriLankan Airlines supports export industries by converting passenger aircraft to full freighter
Jun 29, 2020, at 10:22 pm
Colombo/IBNS: In its quest to continuously support Sri Lanka’s export industries and to keep the country connected with the global economy during the pandemic, national carrier SriLankan Airlines has converted a wide-body passenger aircraft into a dedicated cargo aircraft.
COVID-19 impact: Paytm Payouts processed over Rs 1,500 cr in salaries
Jun 29, 2020, at 05:05 pm
Mumbai/UNI: India’s leading financial services company Paytm on Monday said that it has processed over Rs 1,500 crore in salaries and other benefits for medium and large enterprises Paytm Payouts, the digital money transfer service has become a must-have tool for businesses that make regular payments to their employees, vendors and business partners.