Unlock 1.0: Retailers indicate sales degrowth of 64 percent

Jun 21, 2020, at 08:35 pm

Kolkata/UNI:  Lockdown relaxations did not benefit retailers as there was no significant surge in their business, according to a recent survey conducted by the Retailers Association of India (RAI) with more than 100 big and small retailers.

Snapdeal sees surge in sale of yoga accessories

Jun 20, 2020, at 04:57 pm

Gurugram/IBNS: Snapdeal, a value-focused ecommerce platform, on Saturday said it witnessed rapid growth in the sale of Yoga accessories during the lockdown.

Reserve Bank of India doubles withdrawal limit of PMC Bank to Rs 1 lakh

Jun 20, 2020, at 04:46 pm

Mumbai/UNI: The Reserve Bank of India (RBI) has raised withdrawal limit from fraud-ridden Punjab and Maharashtra Cooperative (PMC) Bank to Rs one lakh from Rs 50,000 while extending restrictions imposed on the bank for another six months.

Paperless Trading 101: Learn How to Operate a Demat Account in 5 Simple Steps

Jun 20, 2020, at 01:20 pm

The Digital Era has brought innovations in everything from academic knowledge to financial trading. One of those changes is in how we handle trading across borders through paperless avenues.

Petrol, diesel prices become more expensive in Delhi

Jun 20, 2020, at 08:27 am

New Delhi/IBNS: Adding more trouble for consumers,  petrol price was increased on Saturday by 51 paise per litre and diesel by 61 paise a litre, media reports said.

JSW Cement unveils new marketing campaign with Sourav Ganguly and Sunil Chhetri as brand ambassadors

Jun 19, 2020, at 09:34 pm

Kolkata/IBNS: Get ready to watch two of India’s top sportspersons, Sourav Ganguly and Sunil Chhetri, on JSW Cement’s new marketing campaign featuring Indian sports celebrities.

IIT Kharagpur launches educational outreach program on innovation & entrepreneurship

Jun 19, 2020, at 07:55 pm

Kharagpur (WB)/IBNS: IIT Kharagpur's Rajendra Mishra School of Engineering Entrepreneurship (RMSoEE) will hold a virtual lecture series starting on June 22,, to discuss aspects of innovation and entrepreneurship, which is expected to benefit student start-ups, entrepreneurs, strategists and others.

Bajaj Allianz Life launches Flexible Income Plan

Jun 19, 2020, at 07:45 pm

New Delhi/UNI: Bajaj Allianz Life, one of India’s leading private life insurers, on Friday launched a Flexible Income Plan which truly is as flexible as one's needs.

Indian market: Sensex registers a 523.68 pt rise

Jun 19, 2020, at 05:23 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange(BSE) on Friday rallied by 523.68 pts to end at 34,731.73 at the close of the day.

Bajaj Finance moves up by 6.74 pc

Jun 19, 2020, at 05:15 pm

Mumbai/UNI: Bajaj Finance on Friday rallied by 6.74 pc on Friday to close at Rs 2697.80 a share- a major gainer among the 30 scrips of Bombay Stock Exchange(BSE).

Indian Rupee falls 5 paise against USD

Jun 19, 2020, at 04:46 pm

Mumbai/UNI: The Rupee on Friday declined by five paise to 76.19 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

Glenmark Pharma receives ANDA approval for Fingolimod Capsules, 0.5 mg

Jun 19, 2020, at 04:44 pm

Mumbai/UNI:  Glenmark Pharmaceuticals Inc, USA has been granted final approval by the United States Food & Drug Administration (U.S. FDA) for Fingolimod Capsules, 0.5 mg, the generic version of Gilenya Capsules, 0.5 mg, of Novartis Pharmaceuticals Corporation.

Microfinance loan portfolio rises 29.26 pc in FY20 to Rs 2,31,788 cr

Jun 19, 2020, at 04:41 pm

Kolkata/UNI: The microfinance industry served 5.89 crore unique borrowers through 10.54 crore loan accounts as on March 31, 2020.

Bajaj Allianz Life launches Flexible Income Plan

Jun 19, 2020, at 03:49 pm

New Delhi/UNI:  Bajaj Allianz Life, one of India’s leading private life insurers, on Friday launched a Flexible Income Plan which truly is as flexible as one's needs.

Public Investment Fund to invest Rs. 11367 crore in Jio Platforms

Jun 19, 2020, at 09:22 am

Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, on Friday announced an investment of Rs. 11,367 crore by The Public Investment Fund (“PIF”).

BS6 compliant Maruti Suzuki Celerio now available in S-CNG

Jun 18, 2020, at 07:17 pm

Kolkata/IBNS: Maruti Suzuki India Limited has rolled out BS6 compliant S-CNG variant of Celerio.

Amid growing anti-China sentiment, Oppo cancels 5G phone live launch in India

Jun 18, 2020, at 02:13 pm

Mumbai/IBNS: As the anti-China sentiment is growing massively in India following the standoff between the soldiers of the two nations in the border, mobile phone company Oppo cancelled the live launch of its 5G phone in the South Asian country, media reports said.

India's economy ready to bounce back: PM Modi

Jun 18, 2020, at 01:28 pm

New Delhi/UNI: Exuding confidence, Prime Minister Narendra Modi on Thursday said India's economy was ready to bounce back and there could not be a better time to make a new beginning.

Godrej Appliances enables offline retailers to drive business online

Jun 17, 2020, at 07:48 pm

Kolkata/UNI: Godrej Appliances, one of India’s leading Consumer Appliances brand, has launched a series of initiatives to empower the offline trade partners to be present online and reach customers digitally.

Panasonic India enables offline retailors to sell through online platform Benow

Jun 17, 2020, at 05:12 pm

Kolkata/IBNS: tech giant Panasonic India, a diversified technology company, today announced its partnership with the digital payment platform Benow to digitalize its offline retail network in India. 

Global oil trade in 2019 saw first decline in decade

Jun 17, 2020, at 04:54 pm

Vienna/Sputnik/UNI: Global oil trade shrank last year for the first time since the 2009 financial crisis, the annual statistical review of world energy published by BP on Wednesday showed.

Rupee ends by 6 paise rise against USD

Jun 17, 2020, at 04:42 pm

Mumbai/UNI:  The Rupee on Wednesday rose marginally by six paise to end positive at 76.15 against the US Dollar on selling it by bankers and exporters, dealers at the Forex Market said.

NATCO Pharma consolidated Q4 net profit declines 22.10 pc to Rs 94.10 cr

Jun 17, 2020, at 04:40 pm

Mumbai/UNI: NATCO Pharma has posted a decline of 22.1 percent in its consolidated net profit for the quarter ended March 31, 2020 at Rs 94.10 crore as against Rs 120.8 crores for the same quarter a year ago.

Welspun Corp Q4 registers Rs 138.27 crore net profit

Jun 17, 2020, at 04:38 pm

Mumbai/UNI:  Welspun Corp has reported a net profit of Rs 138.27 crores for the quarter ended March 31, 2020 as against net loss of Rs 148.72 crores for the quarter ended March 31, 2019.

Sensex falls 97.30 pts

Jun 17, 2020, at 04:35 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Wednesday ended on a weak note closing at 33,507.92 down by 97.30 pts.

Samsung launches Galaxy A21s in India

Jun 17, 2020, at 04:15 pm

New Delhi/IBNS: Electronic good manufacturer Samsung on Wednesday announced the launch of Galaxy A21s, its most affordable Galaxy A smartphone of 2020.

Trade in many developing countries projected to ‘nosedive’, warns UNCTAD

Jun 17, 2020, at 09:40 am

New York/IBNS: Trade in many developing countries is expected to take a “nosedive” in the second quarter of 2020, owing to the unprecedented effects of the coronavirus pandemic, UN economists said on Tuesday.

Zydus Cadila receives final approval from USFDA for Deferasirox Tablets

Jun 16, 2020, at 07:28 pm

Mumbai/UNI: Pharma major, Zydus Cadila on Tuesday said it has received final approval from the USFDA to market Deferasirox Tablets in the strengths of 90 mg, 180 mg and 360 mg.

Maruti Suzuki ties up with IndusInd Bank to offer a range of finance options for customers

Jun 16, 2020, at 06:36 pm

New Delhi/IBNS: Automobile giant Maruti Suzuki India Limited (MSIL) has collaborated with IndusInd Bank to arrange attractive finance schemes to help customers buy their favourite car.

Indian Market: Sensex regains 376.42 points

Jun 16, 2020, at 06:23 pm

Mumbai/UNI: The BSE Sensex on Tuesday jumped 376.42 points at 33,605.22 following gains in HDFC Bank, ICICI Bank, Kotak Bank and Infosys amid positive global cues.