SpiceJet appoints Anil Singla as Vice President and Head of Engineering
May 17, 2022, at 07:23 pm
Gurugram/IBNS: Indian airline SpiceJet has announced the appointment of Anil Singla as Vice President and Head of Engineering.
Adani Group to acquire 49 percent stake in digital news platform Quint
May 17, 2022, at 06:12 pm
Mumbai/IBNS: Indian billionaire Gautam Adani's Adani Group is set to acquire 49 percent stake in Raghav Bahl-run digital business news platform Quintillion Business Media, popularly know as The Quint, media reports said.
Indian Market: Sensex up over 300 pts
May 17, 2022, at 04:02 pm
Mumbai: The BSE Sensex on Tuesday gained 343 pts at 53, 317.50 in opening session as buying was seen across the board.
Pawan Hans sale put on hold after NCLT order against winning consortium member
May 17, 2022, at 05:36 am
New Delhi: Government has put on hold the sale of Pawan Hans as it is scrutinizing the legal aspects of an NCLT order on Alamas Global, which is one of the members of the winning consortium, according to reports.
At least 59 pc of inflation increase due to war impact: SBI report
May 17, 2022, at 04:57 am
At least 59 percent of the increase in inflation is because of geopolitical conflict. Against the continued increase in inflation, it is now almost certain that RBI will raise rates in the forthcoming June and August policy and will take it to the pre-pandemic level of 5.15 percent by August.
May 17, 2022, at 04:54 am
Kolkata/IBNS: The Ambassador of the Grand-Duchy of Luxembourg Peggy Frantzen highlighted green finance, space, Artificial Intelligence (AI), and health as potential areas of collaboration with India.
Snoop Dogg jokes about buying Twitter, Elon Musk joins in
May 17, 2022, at 02:38 am
San Francisco/UNI: With Elon Musk putting his acquisition of Twitter on hold, rapper Snoop Dogg joked about the "right time for him to buy the online microblogging social media platform".
Adani Group acquires Holcim's stake in Ambuja Cement to become 2nd biggest producer in India
May 17, 2022, at 01:26 am
Gautam Adani-led Adani Group has acquired Holcim's stake in Ambuja Cement and its subsidiary ACC at a price tag of $10.5 billion (around Rs 81,361 crore).
NTPC moves up 3.05 pc to Rs 148.45
May 16, 2022, at 11:20 pm
Mumbai: NTPC on Monday gained 3.05 pc to Rs 148.45 a major gainer in 30 scrips of BSE.
Indian Market: Sensex recovers 180.22 pts
May 16, 2022, at 10:53 pm
Mumbai: Snapping a losing streak of last six sessions, the BSE Sensex on Monday recovered 180.22 pts to close at 52,973.84 on the strength of Telecom, Auto, Power and Realty stocks.
Indian Market: Sensex up 500 points
May 16, 2022, at 05:53 pm
Mumbai: The BSE Sensex on Monday rallied 563.28 pts at 53, 356.90 in opening session as buying was seen across the board.
May 16, 2022, at 12:36 am
Mumbai: E-commerce giant Amazon on Sunday said it has cumulatively created over 11.6 lakh direct and indirect jobs; enabled nearly $5 billion in exports and digitized over 40 lakh MSMEs in India.
Govt launches GatiShakti Sanchar portal to accelerate RoW approvals ahead of 5G roll-out
May 16, 2022, at 12:28 am
New Delhi: Communications, Electronics & IT on Saturday launched "GatiShakti Sanchar” portal for Centralised Right of Way (RoW) approvals in order to speed up fibre laying and tower installations, ahead of the 5G roll-out in the country.
Piyush Goyal consults industry as part of India’s FTA negotiations with UK, EU and Canada
May 16, 2022, at 12:10 am
New Delhi: Commerce and Industry Minister Piyush Goyal held a day-long stakeholder consultation with various sectors of the industry in Mumbai on Saturday on India’s ongoing negotiations on Free Trade Agreements with Canada, the United Kingdom and the European Union.
Raima Sen launches Unite Deals' new electric scooter
May 15, 2022, at 05:18 am
Kolkata/IBNS: Indian actor Raima Sen Saturday launched Unite Deal's new electric scooter in Howrah, a neighbouring district of the capital city of West Bengal, Kolkata.
LIC fixes IPO price at Rs 949 apiece, listing could begin Tuesday
May 15, 2022, at 04:11 am
Mumbai/IBNS: Life Insurance Corporation (LIC), whose public issue ended Monday, has fixed its IPO price at Rs 949 apiece.
Global supplies and logistical bottlenecks have impacted prices in India: Rajnath Singh
May 15, 2022, at 04:09 am
Lucknow/UNI: Defence Minister Rajnath Singh on Saturday said that Russia-Ukraine conflict has affected the global supplies and has created a logistical bottleneck which has impacted the prices of commodities and as a result core inflation has increased slightly .
Maruti Suzuki to invest Rs 11,000 cr in 1st phase of Sonipat plant
May 14, 2022, at 10:08 pm
New Delhi: India's largest car manufacturer Maruti Suzuki will invest Rs 11,000 crore to make operational the first phase of its new manufacturing facility in Haryana's Sonipat, according to an ET report.
How to Apply for Touchless Personal Loans Online?
May 14, 2022, at 08:57 pm
RBI allows banks to continue giving credit to NBFCs for on-lending to priority sector
May 14, 2022, at 07:57 pm
Reserve Bank has asked banks as well as small finance banks (SFBs) to continue lending to the NBFCs for the purpose of on-lending to certain priority sectors.
Is inking an FTA with India the best option for the Taiwanese semiconductor industry?
May 14, 2022, at 07:54 pm
Lacking labourers and manufacturing partners, the semiconductor industry from Taiwan has encountered a new dilemma. Could India as a manufacturing partner be the best pick for Taiwanese companies? Arpita Dutta writes for CommonWealth Magazine
Scindia agrees to look into airlines charging extra for boarding passes
May 14, 2022, at 07:42 pm
New Delhi: Aviation minister Jyotiraditya Scindia Friday agreed to look into complaints of airlines charging extra for boarding passes.
India bans wheat export with immediate effect
May 14, 2022, at 03:56 pm
New Delhi: The Centre on Saturday announced it has decided to ban wheat export with immediate effect in an attempt to control the rise in prices at home.
RBI imposes withdrawal restrctions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Kolhapur
May 14, 2022, at 05:59 am
Mumbai: The Reserve Bank of India (RBI) has imposed a string of restrictions on Shankarrao Pujari Nutan Nagari Sahakari Bank Limited, Ichalkaranji, Kolhapur, including on withdrawals, owing to the lender's deteriorating financial position.
UCO Bank Q4 results: Net profit jumps three-fold to Rs 312 cr, dividend remains undeclared
May 14, 2022, at 01:44 am
Kolkata/IBNS: The 95 percent state-owned UCO Bank registered a net profit jump of 290 percent to Rs 312 crore in the quarter ended March 2022 as against Rs 80 crore in quarter ended March 2021.
LIC HFL hikes rate of interest for loan products
May 13, 2022, at 11:24 pm
Mumbai: LIC Housing Finance Ltd (LIC HFL) on Friday revised the rate of interest for its loan products on the back of the Reserve Bank of India's (RBI) announcement on May 4, revising the repo rate.
SBI reports 41.28 pc jump in its net profit
May 13, 2022, at 11:00 pm
Mumbai: State Bank of India (SBI) on Friday reported a 41.28 per cent jump in its net profit at Rs 9,114 crore for the fourth quarter ended March 31, 2022.
Bandhan Bank's net profit jumps 1747 pc
May 13, 2022, at 10:56 pm
Kolkata: Bandhan Bank on Friday reported its net profit jumped 1747 per cent to Rs 1,902.3 crore in Q4 FY22.
India considering Preferential Trade Agreement with Oman: Piyush Goyal
May 13, 2022, at 04:55 am
New Delhi/IBNS: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said that India was considering entering into a Preferential Trade Agreement (PTA) with Oman.
India's retail inflation soars to 7.79 pc in Apr
May 13, 2022, at 02:13 am
New Delhi: India's retail inflation jumped to 7.79 percent in April, mainly pushed by rising fuel and food prices, government data showed on Thursday.