Novartis to cut 680 jobs in product development: Report
Apr 10, 2024, at 02:40 am
New Delhi: Swiss pharmaceutical company Novartis said on Tuesday that it plans to reduce its development organization workforce by as many as 680 positions, media reports said.
Sensex opens at an all-time high of 75,124.28
Apr 09, 2024, at 05:30 pm
Mumbai/UNI: The BSE Sensex on Tuesday opened at an all-time high, touching the 75,000-level for the first time at 75124.28, up 382 points as buying was seen across board amid mixed global cues.
Unlocking Growth with Step Up SIP Calculator in Mutual Funds
Apr 08, 2024, at 09:34 pm
In the ever-evolving world of investments, the mutual fund sector continues to offer innovative tools to aid investors in their quest for financial growth and security. Among these tools, the Step Up Systematic Investment Plan (SIP) calculator stands out as a beacon for those looking to amplify their investment outcomes.
Apr 08, 2024, at 05:31 pm
Mumbai/UNI: The BSE Sensex on Monday rallied 399 points to 74647 in the opening session as buying was seen across the board.
Sensex opens 500 points up during morning trade
Apr 08, 2024, at 03:56 pm
The BSE Sensex on Monday rallied 399 points to 74647 in the opening session as buying was seen across the board.
Apr 08, 2024, at 12:45 am
New Delhi: Eco-friendly fuels, Green Hydrogen (GH2) and green ammonia, considered as the future energy sources globally, have the potential to attract investments totaling USD 125 billion (equivalent to approximately Rs 10.43 lakh crore) in India by 2030, as per a research report by Avendus Capital.
SEBI cracks whip on finfluencer Ravindra Balu Bharti, orders to return Rs 12 cr
Apr 07, 2024, at 11:04 pm
Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has taken strong action against a financial influencer (finfluencer) and ordered him to return unlawfully obtained gains totalling over Rs 12 crore, media reports said.
India-Singapore bilateral trade jumps 18% to USD 35.6 billion in FY23
Apr 07, 2024, at 10:18 pm
Singapore: India-Singapore bilateral trade rose to USD 35.6 billion in 2022-23, a growth of 18.2 percent on the year, media reported.
India eyes US$100 billion annual FDI from investors looking to diversify from China
Apr 07, 2024, at 08:36 pm
New Delhi: India is targeting a minimum of US$100 billion annually in gross foreign direct investment, as the country seeks to attract investors seeking diversification from China, media reports said.
RBI slaps fines on IDFC First Bank and LIC Housing Finance for non-compliance
Apr 06, 2024, at 07:52 am
Mumbai: The Reserve Bank on Friday said that it has fined IDFC First Bank Rs 1 crore and LIC Housing Finance Rs 49.70 lakh for breaching specific regulations. The penalty on IDFC First Bank was levied due to failure to adhere to certain directives regarding 'Loans and Advances - Statutory and Other Restrictions', according to the central bank’s statement.
Global food prices grow first time in 7 months
Apr 06, 2024, at 06:10 am
Global food prices experienced a surge in March, marking the first increase since July, driven mainly by the rise in cooking oil prices, even as the costs of grains continued to decrease, stated the UN's Food and Agricultural Organization on Friday.
Air India recruited over 5,700 staff members in FY24 as part of its f-yr revival plan
Apr 06, 2024, at 05:45 am
Mumbai: Air India recruited over 5,700 staff members, with over 3,800 comprising the flying crew in the FY24, as a component of its five-year revival strategy aimed at restoring the airline's fortunes, media reported citing the airline's statement.
Bandhan Bank MD & CEO Chandra Shekhar Ghosh to step down in July after completion of tenure
Apr 06, 2024, at 05:02 am
Mumbai: Bandhan Bank Managing Director and Chief Executive Officer Chandra Shekhar Ghosh will step down from his current role when his tenure concludes on July 9, 2024, the bank announced on Friday.
RBI keeps repo rate unchanged in line with market expectations
Apr 06, 2024, at 04:54 am
Mumbai: The Reserve Bank of India on Friday kept the key interest rates unchanged at 6.50 percent, in line with the market expectations.
Apr 05, 2024, at 11:08 pm
The BSE Sensex on Friday ended almost flat at 74248.22, rising 20.59 pts as Realty, Bankex and FMCG stocks rose.
Bandhan Mutual Fund unveils Bandhan Innovation Fund
Apr 05, 2024, at 08:50 pm
Bandhan Mutual Fund has announced the launch of Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs.
Rupee most stable compared to peers due to strong fundamentals of Indian economy: RBI
Apr 05, 2024, at 06:55 pm
New Delhi/UNI: The Indian currency (INR) was the most stable among major currencies during the past three years and this reflects sound economic fundamentals of the Indian economy, says the Reserve Bank of India.
Byju's founder, whose net worth was Rs. 17,545 crore a year ago, no longer a billionaire
Apr 05, 2024, at 06:04 pm
Mumbai/IBNS: Indian multinational educational technology company Byju's founder, Byju Raveendran's net worth is now zero, a year after he had Rs. 17,545 crore a year ago.
RBI keeps repo rate unchanged at 6.5%, projects 7% growth for FY25
Apr 05, 2024, at 05:23 pm
New Delhi/UNI/IBNS: Considering various factors both in the domestic and global markets, the Reserve Bank of India Friday projected 7 percent growth for Indian economy for FY25. RBI governor Shaktikanta Das said after three days of deliberations, the Monetary Policy Committee unanimously decided to keep the key interest rates unchanged at 6.50 per cent.
Apple plans to cut 614 workers in California
Apr 05, 2024, at 02:15 pm
Tech major Apple has decided to lay off 614 workers in California, marking the first significant round of job cuts since pandemic, media reports said.
CBDT enables taxpayers to file returns from Apr 1
Apr 05, 2024, at 05:01 am
New Delhi: The Central Board of Direct Taxes (CBDT) on Thursday said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024–25 (relevant to Financial Year 2023–24) from April 1, 2024, and onwards.
Swiggy appoints Suparna Mitra as an Independent Director to its Board
Apr 05, 2024, at 04:38 am
Kolkata: Swiggy on Thursday announced the appointment of Suparna Mitra as an Independent Director to its Board.
Sensex recovers over 500 points
Apr 04, 2024, at 05:57 pm
Mumbai/UNI: The BSE Sensex on Thursday smartly recovered by 537 points to open at 74413.82 on the strength of industrials, IT, telecommunications, and utilities stocks.
RBI's 3-day MPC meeting starts
Apr 04, 2024, at 06:40 am
Mumbai: The Reserve Bank of India's Monetary Policy Committee has started its three-day meeting on Wednesday to deliberate on interest rates and analyze the state of the economy.
Apr 04, 2024, at 06:27 am
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Apr 04, 2024, at 06:09 am
Bernard Arnault, the chairman and CEO of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SA, has topped Forbes' World's Billionaires list for the second year, media reports said.
Tesla to send team from US to pick up potential manufacturing sites in India: Report
Apr 04, 2024, at 05:49 am
New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, the Financial Times reported on Wednesday.
Virgin Atlantic plans to offer over 1 million seats to India by 2025
Apr 04, 2024, at 05:37 am
Bengaluru: Virgin Atlantic on Wednesday signalled its strong commitment to India by launching a new daily service to Bengaluru and announcing a second daily flight to Mumbai, starting this October.
India plans to set up first privately run strategic petroleum reserve by 2029-30: Report
Apr 04, 2024, at 05:31 am
New Delhi: India intends to set up its first privately operated strategic petroleum reserve (SPR) by 2029-30, allowing the operator the autonomy to trade the entire oil stock, media reports said.
Radisson group opens 212-room luxury hotel in Srinagar
Apr 04, 2024, at 05:15 am
Srinagar: Radisson Hotel Group on Wednesday announced the debut of its luxury lifestyle brand Radisson Collection in India with the opening of Radisson Collection Hotel & Spa, Riverfront Srinagar.