Indian Rupee down 5 paise against USD
Aug 25, 2021, at 10:46 pm
Mumbai/UNI: The Rupee on Wednesday fell by five paise to end in the negative at 74.24 against the USD on rising demand for US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex falls marginally by 14.77 points
Aug 25, 2021, at 10:36 pm
Mumbai/UNI: The BSE Sensex on Wednesday fell marginally by 14.77 points to settle at 55,944.21 on profit booking by local operators.
Two-third of India's renewable energy capacity by 2030 would be from solar: Union minister
Aug 25, 2021, at 07:36 am
Kolkata/IBNS: The 450 GW of renewable energy target that the central government has aimed to achieve by the year 2030, almost 2/3rd of the same would come from solar energy, according to Union Minister Bhagwant Khuba.
PLI scheme to provide necessary impetus to Indian steel sector: Centre
Aug 25, 2021, at 05:24 am
Kolkata/IBNS: India presently operates at the lower end of the value chain in the steel sector. Value-added steel grades are largely imported in India, ASSOCHAM India said.
Assam govt inks MoU with MFIs and banks to waive microfinance loans of poor women borrowers
Aug 25, 2021, at 02:20 am
Guwahati/IBNS: With a view to provide succour to poor women borrowers who are not able to return the loan amount of Micro Finance Institutions (MFIs), the Finance Department of the Government of Assam signed an MOU with Microfinance Institutions for implementation of Assam Micro Finance Incentive and Relief Scheme (AMFIRS), 2021in the presence of Chief Minister Himanta Biswa Sarma at a programme held at Assam Administrative Staff College in Guwahati on Tuesday.
RapiPay appoints Nipun Jain as Chief Executive Officer
Aug 25, 2021, at 12:20 am
New Delhi: RapiPay, India’s leading assisted payments Fintech company on Tuesday announced the appointment of Nipun Jain as the Chief Executive Officer (CEO) of the company.
Harvard Business Publishing features successful merger of Indian Bank and Allahabad Bank
Aug 25, 2021, at 12:17 am
New Delhi: Indian Bank has been featured in the Harvard Business Publishing for its successful merger of Allahabad Bank.
SBI organizes COVID-19 vaccination drive in Mumbai
Aug 25, 2021, at 12:14 am
Mumbai: State Bank of India organized a vaccination camp for the benefit of slum dwellers on August 21, 2021.
More Group forays into retail sector with investment of Rs. 150 crore
Aug 24, 2021, at 11:16 pm
Kolkata/IBNS: Kolkata-based More Group has ventured into the retail sector with an initial investment of Rs. 150 crore.
Indian Market: Sensex advances 403.19 pts
Aug 24, 2021, at 10:50 pm
Mumbai/UNI: The BSE Sensex on Tuesday rallied 403.19 pts at 55,958.98 at close, following gains in Materials, Metals, Oil and Gas and Bankex stocks.
Bajaj Finserv moves up 7.92 pc to Rs 16,477
Aug 24, 2021, at 10:48 pm
Mumbai/UNI: Bajaj Finserv on Tuesday surged 7.92 pc to Rs 16,477 a major gainer in 30 scrips of BSE.
Indian Rupee ends almost steady at 74.19 against USD
Aug 24, 2021, at 10:42 pm
Mumbai/UNI: The Rupee on Tuesday ended almost flat at 74.19, rising by two paise against the USD in closing session on selling of US Dollar by bankers and importers, dealers at the Forex Market said.
Flipkart Wholesale rolls out new credit program to support kiranas, retailers
Aug 24, 2021, at 10:20 pm
Kolkata: Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, has announced the launch of industry-first credit programs which aim to help kiranas manage their working capital requirements and grow their business.
Finance Minister Nirmala Sitharaman launches National Monetisation Pipeline
Aug 24, 2021, at 04:50 am
New Delhi/IBNS: Union Minister for Finance Nirmala Sitharaman on Monday launched the asset monetisation pipeline of Central ministries and public sector entities: ‘National Monetisation Pipeline (NMP Volumes 1 & 2)’.
Aug 24, 2021, at 02:28 am
Mumbai/UNI: The BSE Sensex on Monday advanced 226.47 pts to close at 55,555.79, on the strength of Technology, IT, Telecom and Energy stocks.
TVS NTORQ 125 'Race Edition' will be Bangladesh's first Bluetooth scooter
Aug 24, 2021, at 02:09 am
Chennai/UNI/IBNS: TVS Motor Company announced the launch of TVS NTORQ 125 'Race Edition' on Monday in Dhaka at 1,79,900 Bangladeshi Taka.
Kolhapur: Gold traders protest new hallmarking rules
Aug 23, 2021, at 11:33 pm
Kolhapur/UNI: The gold traders association here on Monday observed day-long strike so as to protest the Centre's new jewellery hallmarking rules.
Indian Rupee up 18 paise against USD
Aug 23, 2021, at 11:30 pm
Mumbai/UNI: The Rupee on Monday advanced 18 paise to 74.21 against the USD in closing session on brisk selling of US Dollar by bankers and importers, dealers at the Forex Market said.
HDFC Bank aims to regain credit card market share in next 3-4 quarters
Aug 23, 2021, at 11:28 pm
Kolkata/UNI: HDFC Bank, India’s largest credit card issuer, today announced that it is aiming to add five lakh new credit cards to its portfolio every month beginning February 2022.
Tata Motors names its upcoming SUV as ‘Punch’
Aug 23, 2021, at 11:14 pm
Mumbai: Following a grand unveil at the Auto Expo 2020 as the H2X Concept, Tata Motors is now gearing up to launch the newest addition to its SUV lineup.
Air India sale moving at jet speed, Amit Shah-led panel clears PF transfer plan
Aug 23, 2021, at 11:12 pm
New Delhi/UNI: The government is ready to make up for the shortfall on account of liquidation value of the investments in the existing Provident Fund (PF) Trusts of disinvestment-bound Air India.
Bitcoin price crosses $50,000 first time since May 15
Aug 23, 2021, at 03:19 pm
Moscow/UNI/Sputnik: The price of the Bitcoin cryptocurrency was going up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark.
E-filing portal glitches: Finance ministry summons Infosys CEO Salil Parekh
Aug 23, 2021, at 04:15 am
Bengaluru/UNI: The Ministry of Finance has summoned Infosys CEO and Managing Director Salil Parekh on Monday to explain the reason for the company failing to resolve the glitches in the e-filing portal.
Ashoka Buildcon receives orders from Rewa Ultra Mega Solar Ltd
Aug 21, 2021, at 07:36 pm
Mumbai/UNI: Infrastructure major, Ashoka Buildcon, has received Notification of Award (NOA) from Rewa Ultra Mega Solar Limited (RUMS)
Highest ever capacity addition of 3000 MVA this year in J&K: Rohit Kansal
Aug 21, 2021, at 05:55 am
Srinagar/IBNS: Jammu and Kashmir will witness the highest ever capacity addition in the transmission sector this year with a total of 1690 MVA capacity at 220 KV level and 1280 MVA at 132 level targeted to be added.
Pooja Hedge promotes pTron in the brand's latest campaign
Aug 21, 2021, at 04:46 am
Mumbai/IBNS: pTron, a lifestyle accessories brand, has launched its new brand campaign titled #pTronEveryday, starring Telugu actress Pooja Hegde.
Wipro launches @now Studio in Texas, expands its digital and cyber defence centre
Aug 21, 2021, at 01:17 am
Bengaluru/UNI: Wipro Limited, an Indian enterprise, on Friday announced the launch of its @now Studio in partnership with ServiceNow to support digital transformations for its target audience in Texas.
HDFC Bank raises $ 1 billion through AT1 bonds
Aug 20, 2021, at 08:53 pm
Mumbai: HDFC Bank has said it raised $ 1 billion by the issuance of Additional Tier 1 (AT1) bonds.
FloBiz monthly active users jumps 250%; targets 7X growth by next year
Aug 20, 2021, at 08:21 pm
Bengaluru/IBNS: FinTech startup FloBiz is witnessing 250% growth in monthly active users and aims to achieve 7X growth by 2022, the company said.
Raising RoDTEP rates and covering more items in the scheme key to achieving FY22 target: EEPC India
Aug 20, 2021, at 04:34 am
Mumbai/IBNS: The government should relook refund rates under RoDTEP and ensure full rebate on the taxes in the export production chain failing which Indian engineering goods exporters could lose some of the markets, said Engineering Export Promotion Council (EEPC) India Chairman Mahesh Desai.