India head of Elon Musk's Starlink resigns
Jan 05, 2022, at 06:43 am
Bengaluru/IBNS: Elon Musk-owned Starlink's India director Sanjay Bhargava announced on January 4 that he has resigned from his post at the satellite internet venture.
ZEE appoints Amrit Thomas as Chief Data Officer
Jan 05, 2022, at 06:05 am
Mumbai/IBNS: ZEE Entertainment Enterprises Ltd (ZEEL) Tuesday said it has appointed Amrit Thomas as the Chief Data Officer to improve its overall capabilities in data analytics across all aspects of decision making.
SBI to not levy service charge on online IMPS transactions up to Rs 5 lakhs
Jan 05, 2022, at 05:26 am
Mumbai/IBNS: Public sector lender State Bank of India Tuesday said it would not levy any service charge on online Immediate Payment Service (IMPS) transactions up to Rs 5 lakh.
Apple becomes the first company to hit $3 tn mark in valuation
Jan 05, 2022, at 04:40 am
US-based Apple Inc has raced its way to become the first corporation to hit a stock market valuation of $3tn.
Union Bank of India digital banking launches cyber security awareness kit and automatic VAPT lab
Jan 05, 2022, at 03:26 am
Kolkata/IBNS: Union Bank of India today, launched the Cyber Security Awareness Kit and inaugurated an automated VAPT (Vulnerability Assessment & Penetration Testing) lab at their Cyber Security Centre of Excellence in Hyderabad to create cyber security awareness among its staff members, customers and other stakeholders.
Jolt for Future as Delhi HC dismisses plea seeking ending of arbitration proceedings with Amazon
Jan 05, 2022, at 02:47 am
New Delhi/IBNS: In a major setback to Future Group, the Delhi High Court has dismissed the pleas filed by Future Group of companies to terminate the arbitration proceedings with Amazon going on in Singapore International Arbitration Centre, media reports said.
Indian Rupee down 29 paise against USD
Jan 04, 2022, at 11:38 pm
Mumbai/UNI: The Rupee on Tuesday dropped 29 paise to close at 74.55 against the Dollar on rising demand for US Dollars by bankers and exporters, dealers at the Foreign Exchange said.
Indian Market: Sensex up 672.71 points
Jan 04, 2022, at 11:34 pm
Mumbai/UNI: Extending gains for the third consecutive session on Tuesday, the BSE Sensex spurted 672.71 points to close at 59,855.93 on the strength of power, utilities, energy and bankex stocks.
NTPC moves up from 5.48 pc to Rs 132.90
Jan 04, 2022, at 11:09 pm
Mumbai/UNI: NTPC on Tuesday surged 5.48 pc at Rs 132.90 a major gainer in 30 scrips of BSE.
Jan 04, 2022, at 11:07 pm
Mumbai: In an aim to encourage customers to adopt digital banking, SBI has not levied any Service Charges on IMPS transactions upto Rs. 5 lacs, done through Internet banking/Mobile Banking including YONO.
CryptoWire rolls out India's first global index of cryptocurrencies IC15
Jan 04, 2022, at 02:22 am
New Delhi/IBNS: Global crypto super app CryptoWire on Monday announced the launch of IC15, India's first global index of cryptocurrencies, to empower knowledge on the blockchain ecosystem.
Augnito announces 'AI Week of Rest' to reduce physical burnout in 2022
Jan 03, 2022, at 11:40 pm
Mumbai/IBNS: Medical AI solution provider Augnito announced their 'AI Week of Rest' initiative to promote mental well-being of employees, amidst concerns raised by the spread of new coronavirus variants like omicron.
Indian Market: Sensex zooms 929.40 points
Jan 03, 2022, at 11:27 pm
Mumbai/UNI: The BSE Sensex on Monday zoomed 929.40 points, breaching the 59K level to close at 59,183.22 as buying was seen across the board.
Ducati India to launch 11 new motorcycles in 2022
Jan 03, 2022, at 10:18 pm
New Delhi: Luxury motorcycle brand Ducati on Monday announced that it will launch 11 new motorcycles in 2022 in the Indian market, starting with the Scrambler 1100 Tribute Pro followed closely by the Panigale V2 Troy Bayliss Edition.
Bajaj Auto sales moves down by 3 pc in Dec
Jan 03, 2022, at 09:32 pm
Mumbai/UNI: Bajaj Auto has reported a 3 per cent decline in its total sales for December last year as only 3,62,470 units were sold compared to 3,72,532 units in December 2020.
Indian Market: Sensex up over 200 pts
Jan 03, 2022, at 03:52 pm
Mumbai/UNI: The BSE Sensex on Monday rallied by 287.45 points at 58,541.23 in the opening session as buying was seen across the board.
India's current account balance once again in deficit over high import bills
Jan 03, 2022, at 05:53 am
New Delhi/IBNS: India has recorded a deficit in its current account balance in July-September 2021 owing to a higher merchandise imports.
Indian-origin Ashok Elluswamy was the first to be employed for Tesla's auto pilot team: Musk
Jan 03, 2022, at 03:05 am
Indian origin engineer Ashok Elluswamy was the first employee to be hired for Elon Musk's electric vehicle company Tesla's Autopilot team.
Jan 02, 2022, at 11:26 pm
Honasa Consumer, the parent company of personal care brands like Mamaearth and The Derma Co, said Saturday that it has raised $52 million in a round led by Sequoia at a valuation of $1.2 billion, according to media reports.
Price of commercial LPG cylinders slashed by Rs 102.50
Jan 02, 2022, at 08:47 pm
New Delhi/IBNS: The New Year started on a good note for consumers as national oil companies decided to cut down the price of 19 kg commercial LPG cylinder cost by Rs 102.50, media reports said.
Pakistan's inflation rate hits 12.3 pc
Jan 02, 2022, at 07:52 pm
Islamabad/UNI: The inflation in Pakistan increased in December by 12.3 per cent, highest in nearly two years, according to media report on Sunday.
Mukesh Ambani-led Reliance to raise up to US$ 5 billion through overseas bonds
Jan 02, 2022, at 05:29 am
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday said that the Finance Committee of the Board of Directors of the company has approved the plan to raise up to US$ 5 billion through an overseas bond issue.
Top cryptocurrency service providers raided for massive GST evasion
Jan 02, 2022, at 04:53 am
New Delhi: After the massive GST evasion by Cryptocurrency Service providers WazirX, the Directorate General of GST Intelligence (DGGI) has launched a crackdown on Cryptocurrency exchanges active in the country, media report said.
5.89 crore Income Tax Returns filed on new e-filing portal: Government
Jan 01, 2022, at 11:17 pm
New Delhi: Nearly 5.89 crore Income Tax Returns (ITRs) have been filed on the new e-filing portal of the Income Tax Department as on Dec 31, the extended due date, as per government data released on Saturday.
Centre's GST collection in December declines marginally to Rs 1,29,780 crore
Jan 01, 2022, at 09:15 pm
New Delhi: The gross GST collection in December touched Rs 1,29,780 crore, asper data released by the Ministry of Finance on Saturday.
MG Motor India witnesses 43 percent growth with a retail of 40,273 units in 2021
Jan 01, 2022, at 06:39 pm
Gurugram: Automobile giant MG Motor India retailed 40,273 units in 2021, registering a growth of 43 percent over 2020.
Swiggy, Zomato clock record orders per minute sending UPI infrastructure into disarray
Jan 01, 2022, at 05:26 am
Mumbai/IBNS: Swiggy and Zomato, India's top food aggregator platforms, clocked 9,000 orders per minute and 7,100 orders per minute, respectively, till 8:20 pm on December 31, 2021, as most people decided to stay indoors and celebrated the New Year eve amid Omicron scare.
No extension of ITR filing deadline: Revenue Secretary Tarun Bajaj
Jan 01, 2022, at 04:29 am
New Delhi/IBNS: The government has no plan to extend the deadline for ITR filing and the filing process is going on smoothly, Revenue Secretary, Revenue Secretary Tarun Bajaj said Friday in a press conference.
Indian Market: Sensex rallied 459.50 pts
Dec 31, 2021, at 11:45 pm
Mumbai/UNI: The BSE Sensex surged 459.50 on Friday, the last session in 2021 on the strength of Metal, Telecom, Auto and Materials stocks.
Dec 31, 2021, at 11:26 pm
Kolkata/IBNS: Fintech companies can bring efficient onboarding of customers and offer seamless collection support at a negligible cost at the last mile touchpoints, stated Ketan Doshi, Managing Director of PayPoint India, at the recently held 8th ASSOCHAM National E-Summit on the NBFC sector.