Indian Market: Sensex opened in record high
Aug 03, 2021, at 09:26 pm
Mumbai/UNI: The BSE Sensex on Tuesday opened on a new peak at 53,125.97, advancing by 175 pts as buying was witnessed across the board.
PNB Q1FY22: Net profit jumps 232 pc to Rs 1,023 cr, NII zooms to Rs 7,227 cr
Aug 03, 2021, at 07:12 am
New Delhi/IBNS: Punjab National Bank reported a net profit of Rs 1,023 crore during Q1FY22, up 232.1 per cent from Rs 308 crore in Q1FY21.
Rise in exports of engineering goods would generate more jobs: EEPC India
Aug 03, 2021, at 06:20 am
New Delhi/IBNS: Continuing the uptrend, engineering goods exports have posted 42.14% growth in July, 2021 over the same period a year ago. The high growth in engineering goods augurs well for the economy as the sector is labour-intensive and one of the key foreign exchange (Forex) earners, said EEPC India Chairman Mahesh Desai.
TVS Motor Company July 2021 sale spikes by 10 pc to 278,855 units
Aug 03, 2021, at 12:07 am
Mumbai/UNI: Auto major, TVS Motor Companyhaes reported a rises of 10 pc in its July 2021 sales at 278,855 units as against sales of 252,744 units in the month of July 2020.
Mahindra Auto July 2021 passenger vehicle sale moves up by 91 pc
Aug 03, 2021, at 12:06 am
Mumbai/UNI: Auto major, Mahindra & Mahindra has reported a Jump of 91 per cent in passenger Vehicle sale for the month of July 2021 at 21046 units as against 11025 vehicles sold in July 2020.
Bajaj Auto July 2021 sales spikes by 44 pc
Aug 03, 2021, at 12:00 am
Mumbai/UNI: Bajaj Auto has reported total sales of 369,116 units in July 2021 as against 255,832 units in July 2020, registering a growth of 44 pc.
Indian Rupee recovers seven paise against USD
Aug 02, 2021, at 11:58 pm
Mumbai/UNI: The Rupee on Monday gained seven paise to close at 74.34 against the USD on selling of US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex advances 363.79 pts
Aug 02, 2021, at 11:54 pm
Mumbai/UNI: The BSE Sensex on Monday rallied 363.79 pts to close at 52,950.63 pts on the strength of Realty, Consumer Durable, Oil and Gas, Auto and Industrials stocks amid positive global cues.
Titan moves up by 3.25 pc to Rs 1770.25
Aug 02, 2021, at 11:26 pm
Mumbai/UNI: Titan on Monday surged by 3.25 pc to Rs 1770.25, a major gainer in 30 scrips of BSE.
Escorts Agri Machinery July 2021 sale grew by 23.3 pc
Aug 02, 2021, at 11:21 pm
Mumbai/UNI: Escorts Ltd Agri Machinery Segment (EAM) reported a rise of 23.3 per cent in its July 2021 at 6,564 tractors as against 5,322 tractors sold in July 2020.
Aug 02, 2021, at 04:51 pm
New Delhi/IBNS: The services trade will play a major role in the relationship between India and US going forward and strengthen the bilateral economic ties, in line with the geopolitical and strategic ties between the two countries, said Union Minister for Commerce and Industry, Piyush Goyal.
TKM registers a 143% growth in domestic wholesales in the month of July 2021
Jul 31, 2021, at 10:55 pm
Bangalore: Toyota Kirloskar Motor on Saturday announced that the company sold a total of 13,105 units in the month of July 2021, thereby registering a growth of 143% when compared to the domestic sales in the month of July 2020.
LIC CSL partners with IDBI Bank to launch co-branded RuPay Credit Cards
Jul 31, 2021, at 03:34 am
Mumbai/IBNS: LIC Cards Services Limited (LIC CSL) and IDBI Bank have partnered to launch two variants of co-branded RuPay Credit Cards - LIC CSL ‘Lumine’ Platinum Credit Card and LIC CSL ‘Eclat’ Select Credit Card powered by IDBI Bank.
ED seizes hotel in London in money laundering probe against Unitech Group
Jul 31, 2021, at 03:07 am
Delhi/IBNS: The Enforcement Directorate (ED) has seized a hotel in London worth Rs 58.61 crore in connection with a money laundering case against real estate company Unitech Group and its owners Sanjay Chandra and Ajay Chandra, according to media reports.
Essar Oil UK announces the appointment of the advisory council to proliferate strategic leadership
Jul 31, 2021, at 02:59 am
London/UNI: Essar Oil UK Limited has announced the formation and appointment of the company’s first 'Advisory Council'.
The first Moxy Hotel in Nepal is expected to open in 2025
Jul 31, 2021, at 02:54 am
Kathmandu/IBNS: Marriott International has signed an agreement with International Himalaya Hospitality and Hotel Pvt Ltd to debut the company’s Moxy Hotels brand in Kathmandu, the capital of Nepal.
Meeting EN 124 certification could help India leap ahead in exports of sanitary castings: EEPC
Jul 31, 2021, at 02:52 am
Kolkata/IBNS: Former Engineering Export Promotion Council (EEPC) Chairman Ravi Sehgal has said that meeting the EN124 standard that is designed to ensure the safety, compatibility, and consistency of sanitary castings will help promote the export of cast iron, ductile iron and sanitary castings.
Kansai Nerolac Paints Ltd announces Q1 Results FY 2021-2022
Jul 31, 2021, at 12:23 am
Kolkata/UNI: Kansai Nerolac Paints Limited (KNPL), one of the leading paint companies in India, Friday declared their net revenue at Rs 1,301.2 crores showing a growth of 117.6 per cent over the corresponding quarter of the previous year.
Indian Market: Sensex falls 66.23 pts
Jul 30, 2021, at 11:38 pm
Mumbai/UNI: The BSE Sensex on Friday declined 66.23 pts at 52,586.84 on profit booking by local operators.
IDBI Bank's Q1FY22 standalone profit zooms by 318 pc to Rs 603 cr, NII jumps 41.29 pc
Jul 30, 2021, at 05:55 am
Mumbai/IBNS: IDBI Bank's net profit jumped 318 per cent year-on-year (YoY) at Rs 603 crore in the June quarter of 2021 compared to Rs 144 crore in June 2020.
Policy reforms in last one and half years driven by hope: Govt's Chief Economic Advisor
Jul 30, 2021, at 04:57 am
Kolkata/IBNS: Government choices are clearly driven by hope at a time when the economy is coming back to normal, according to Government of India’s Chief Economic Advisor Dr. Krishnamurthy Subramanian.
Union Bank of India Q1FY22 standalone profit jumps by 255 pc to Rs 1,181 crore
Jul 30, 2021, at 04:08 am
Mumbai/IBNS: The board of directors of Public sector lender Union Bank of India (UBI) approved the accounts of the Bank for the quarter ended June 30, 2021 on July 29.
PVR to reopen with 100 per cent vaccinated staff tomorrow
Jul 30, 2021, at 03:03 am
New Delhi/Mumbai/IBNS: Following the Ministry of Home Affairs (MHA) directives, PVR will re-open Friday in states and UT’s where multiplexes and theatres have been given the permission to function.
SEBI penalises Shilpa Shetty, Raj Kundra for violation of its Insider Trading rules
Jul 29, 2021, at 05:35 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 3 lakh on Bollywood actor Shilpa Shetty and her husband and businessman Raj Kundra, and his company Viaan Industries for violation of its Insider Trading rules.
Indigo declares a loss of Rs 3,184 crore in Q1FY22
Jul 29, 2021, at 04:20 am
Mumbai/IBNS: Budget carrier Indigo has recorded a loss of Rs 3,184 crore in the quarter ended June, 2021.
Jul 29, 2021, at 02:31 am
Mumbai/IBNS: Maruti Suzuki posted a net profit of Rs 440.8 crore in the first quarter of this fiscal year against a loss of Rs 249.4 crore in the same quarter last year.
Jul 29, 2021, at 12:41 am
New Delhi/IBNS: In a move to bring relief to the depositors of troubled banks, the Union Cabinet has approved the Deposit Insurance and Credit Guarantee Corporation (Amendment Bill) on July 28, Finance Minister Nirmala Sitharaman said.
realme India, industry experts share insights on leveling up 5G experience
Jul 29, 2021, at 12:31 am
Kolkata: Smartphone major realme recently announced at its inaugural India 5G webinar, which was held in partnership with Counterpoint Research, that the Indian market will see the launch of the realme GT 5G series this quarter with multiple GT 5G products.
Govt of Jammu and Kashmir and JSW Foundation sign MOU
Jul 29, 2021, at 12:23 am
Srinagar: Government of Jammu & Kashmir and JSW Foundation, the social development arm of US$ 13 billion JSW Group on Wednesdya signed a Memorandum of Understanding (MOU) for the conservation, restoration & maintenance of the Mughal Gardens of Kashmir located at Shalimar Bagh & Nishat Bagh.
Tata Motors launches The Nexon EV in Nepal
Jul 29, 2021, at 12:21 am
Kathmandu: In order to accelerate the adoption of EVs in Nepal, Tata Motors - India’s leading EV manufacturer, in partnership with Sipradi Trading Pvt. Ltd., has launched the popular Nexon EV in Nepal at a starting price of NPR 35.99 lacs.