Nov 14, 2022, at 05:24 am
Kolkata/IBNS: Minister of State for External Affairs and Education Dr Rajkumar Ranjan Singh said India will become a factory and office of the world with the country's Northeast playing a crucial role in the coming days as a gateway to the Southeast Asian region.
Nov 13, 2022, at 11:30 pm
New Delhi: U.S. Treasury Secretary Janet Yellen has said her nation is keen to further deepen economic and trade links with India under its ‘friendshoring’ approach in a bid to reduce supply chain dependence on countries like China.
'RBI committed to bringing inflation down to 4 pc': Shaktikanta Das
Nov 13, 2022, at 07:33 pm
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das Saturday said there is no need to increase the inflation target from 2 to 3 percent even as the Central bank has failed to keep it below the 6 percent upper tolerance level for nine consecutive months, according to media reports.
All India bank strike on Nov 19: AIBEA
Nov 12, 2022, at 11:16 pm
Hyderabad: To oppose the unlawful and unfair actions of the bank managements, and to protest against these attacks, All India Bank Employees' Association (AIBEA) has given the call for a one-day nation-wide strike next Saturday.
ICC organizes its 94th Annual General Meeting
Nov 12, 2022, at 07:46 pm
Kolkata/IBNS: The Indian Chamber of Commerce (ICC) has organised its 94th Annual session to discuss current trends, which can help strengthen global ties.
UGRO Q2FY23: PAT at Rs 5.3 cr, AUM Rs 4,375 cr
Nov 12, 2022, at 05:53 pm
Mumbai: NBFC U GRO Capital Ltd reported a PAT of Rs 12.5 crore in Q2FY23, up 71 percent compared to Rs 7.3 crore in the previous quarter.
BSL Ltd H1FY23: PAT stands at Rs 7.81 cr, revenue at Rs 245.05 cr
Nov 12, 2022, at 05:31 pm
Fabric manufacturer BSL LTD Friday said its Profit After Tax (PAT) in the H1 ended September 30, 2022, stood at Rs 7.81 crores against Rs 6.41 crores in H1FY22.
Delhivery Q2FY23: Loss narrows to Rs 254 cr, revenue up 22 pc to Rs 1,796
Nov 12, 2022, at 06:47 am
Mumbai: Delhivery Ltd (NSE: DELHIVERY, BOM: 543529) Friday said its Loss after Tax in Q2FY23 narrowed to 254 crore from Rs 643 crore in Q2FY22, according to the financial results released by the company.
Nov 12, 2022, at 05:15 am
San Francisco/IBNS: Twitter Inc. suspended the $8 subscription fee program for getting the blue tick provided for verified accounts that it launched earlier this week amid a growing issue of users impersonating major brands, media reports said.
Nov 12, 2022, at 05:11 am
Kolkata/IBNS: Maple Highways, a dedicated India road investment platform created by global investment group CDPQ, Friday announced it has completed the acquisition of the Eastern Peripheral Expressway (EPE) that encircles the National Capital Region (NCR).
ITDC registers H1FY23 PAT of Rs 23.29 cr
Nov 12, 2022, at 02:56 am
Mumbai: Public sector undertaking India Tourism Development Corporation (ITDC) Friday announced a PAT of Rs 23.29 crore in H1FY23 compared to a PAT of Rs 1.86 crore in the corresponding period last financial year.
'80 hours of work per week, no free food, no work from home': Elon Musk warns employees
Nov 12, 2022, at 02:17 am
San Francisco/IBNS: New boss Elon Musk in his first address to Twitter employees warned of bankruptcy if the company doesn't start generating more cash, media reports said.
Indian Market: Sensex zooms 1,181.34 points
Nov 11, 2022, at 10:41 pm
Mumbai: The BSE Sensex on Friday rallied 1,181.34 points to settle below 61K at 61,795.04 on strong global cues after the release of US inflation data in October, raising hopes that inflation has peaked.
NITI Ayog's figures on unemployment in Goa inaccurate: Pramod Sawant
Nov 11, 2022, at 08:18 pm
Panaji/UNI: Goa Chief Minister Pramod Sawant on Thursday claimed that the figures released by NITI Ayog on unemployment in the state are inaccurate as there are several people who have already been gainfully employed.
NPCI introduces electricity bill payments service on 123PAY
Nov 11, 2022, at 08:07 pm
Mumbai/UNI: National Payments Corporation of India (NPCI) on Friday announced that electricity bill payments service for more than 70 plus electricity boards is now enabled on instant payment system 123PAY.
RIL's telecom arm launches Jio True 5G in Bengaluru & Hyderabad
Nov 11, 2022, at 07:52 pm
Mumbai/IBNS: Jio True 5G was launched on Thursday in the two southern tech-centric cities of Bengaluru and Hyderabad.
Amazon becomes first ever public company to lose USD 1 trillion in market value
Nov 11, 2022, at 06:42 am
Seattle/IBNS: Amazon has become the world's first public firm to lose USD 1 trillion in market valuation on the backs of inflation, tightened monetary policy, and let down in earnings, causing a major sell-off in its stock this year, Bloomberg reported.
Nov 11, 2022, at 06:09 am
Mumbai: Post the successful Beta-launch of Jio True-5G services in Mumbai, Delhi, Kolkata, Chennai, Varanasi and Nathdwara, Jio is extending Jio True-5G’s reach across more cities, namely Bengaluru and Hyderabad, the company said in a press release on Thursday.
TCS to create 1,200 local jobs in Illinois and expand reach of STEM Education Programs
Nov 11, 2022, at 02:59 am
Naperville IL/ New York: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced plans to boost its footprint in Illinois, U.S. by creating 1,200 new jobs by the end of 2024.
New boss Elon Musk ends remote working in first email to Twitter employees
Nov 11, 2022, at 02:21 am
In his first email to Twitter Inc. employees, new owner Elon Musk has prepared them for "difficult times ahead" and ended remote working.
Tata Motors shares dip 5 percent after reducing Q2 losses to Rs 944.6 cr
Nov 10, 2022, at 08:30 pm
Mumbai/IBNS: The shares of Tata Motors fell five percent intraday on Thursday, a day after the enterprise revealed its Q2FY23 result.
Nov 10, 2022, at 06:04 pm
Kolkata/IBNS: Indian Ad Guru Prahlad Kakkar said advertisers have to engage with today's smartphone generation with a fleeting attention span in just a few seconds to keep them invested in their products.
Rupee falls 17 paise against USD
Nov 10, 2022, at 05:58 pm
Mumbai/UNI: The Rupee on Thursday slipped seventeen paise at 81.60 against the greenback on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Sensex down 476 pts, Nifty by 138 pts
Nov 10, 2022, at 05:55 pm
Mumbai/UNI: The BSE Sensex on Thursday lost another 476 points at 60,557.53 in opening trade as selling pressure was seen across the board.
Axis Bank: Govt to offload SUUTI's 1.55 pc stake on November 10-11
Nov 10, 2022, at 05:34 pm
The government has decided to sell the 1.55 percent stake in Axis Bank held by SUUTI or the Specified Undertaking of The Unit Trust of India on exchanges, according to media reports.
India's balance of payment may go into $45-50 bn deficit in FY23
Nov 10, 2022, at 05:28 pm
India's balance of payment is expected to be in deficit by $45 -50 billion in FY23 but this deficit can be managed comfortably with foreign exchange reserves at a healthy $531 billion, according to a report in the media.
Finance Minister approves India’s first Sovereign Green Bonds Framework
Nov 10, 2022, at 05:28 am
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has approved the final Sovereign Green Bonds framework of India.
Centre allows international trade settlements in Indian Rupees
Nov 10, 2022, at 05:12 am
New Delhi: The government has amended the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlement in Indian Rupees for invoicing, payment, and settlement of exports/imports, the Ministry of Finance said Wednesday.
iCreate’s EVangelise ’22 Bootcamp hosts 40 innovators to solve critical issues of the EV industry
Nov 10, 2022, at 04:48 am
Innovation-based start-up incubatoriCreate (International Centre for Entrepreneurship and Technology) is hosting the 5-day Bootcamp of India’s largest EV innovation challenge, EVangelise ’22.
Inter-ministerial committee proposes formation of ‘Green Energy Transition India Fund’
Nov 10, 2022, at 04:33 am
An inter-ministerial committee has proposed a non-lapsable ‘Green Energy Transition India Fund’ to help coal-bearing regions to create a development plan after coal mines in the areas are closed in a phased manner.