Adani Group ready to shift coal from Australia's controversial mine
Dec 29, 2021, at 04:37 am
Melbourne/IBNS: Industrialist Gautam Adani's controversial Carmichael coal mine, which received vehement opposition from Australian climate activists for seven years, is planning to export its first coal cargo.
AU Small Finance Bank appoints Ex RBI Depty Guv H. R. Khan as non-exec independent director
Dec 29, 2021, at 03:07 am
Kolkata/IBNS: AU Small Finance Bank Tuesday announced the appointment of Harun Rashid Khan as non-executive independent director (Additional Director) on its board, for a period of three years, effective December 28, 2021, subject to the approval of shareholders.
PSU Banks' Gross NPAs drop to 6.9 pc in Sept 2021 against 8.2 pc in March 2020: RBI report
Dec 29, 2021, at 02:23 am
Mumbai/IBNS: The gross non-performing assets (NPAs) of scheduled commercial banks (SCB) as reduced to 6.9 percent at the end of September 2021 from 7.3 percent at the end of March 2021, the Reserve Bank of India said in its report on Trend and Progress of Banking in India 2020-21.
Over 4.67 crore Income Tax Returns filed till Dec 27, 15.49 lakh ITRs on Dec 27 alone
Dec 28, 2021, at 11:06 pm
New Delhi/IBNS: Over 4.67 crore Income Tax Returns have been filed, including 15.49 lakh ITRs were filed on December 27 alone, the Income Tax Department said Tuesday.
IndusInd Bank launches ‘Green’ fixed deposits
Dec 28, 2021, at 09:14 pm
New Delhi:: IndusInd Bank has announced the launch of ‘Green Fixed Deposits’ where the deposit proceeds will be used to finance projects and firms supporting the United Nations Sustainable Development Goals (SDGs). IndusInd Bank is amongst few banks globally, to bring forth this proposition, thereby integrating SDG into a regular fixed deposit product.
SaaS platform ProHance's redesigned website focuses on product education
Dec 28, 2021, at 07:38 pm
New Delhi/IBNS: Desktop SaaS platform ProHance announced a redesigned website, which provides workforce-related analytics and data capturing to enable informed decision making on a real-time basis.
Hyderabad records highest residential appreciation, Mumbai ranks lowest
Dec 28, 2021, at 12:50 am
Mumbai/UNI: Hyderabad recorded the highest residential appreciation amongst eight Indian cities in Q3 2021, a Knight Frank report said.
Offer incentives for promoting green products in the financial budget: Indian industry bodies
Dec 27, 2021, at 11:08 pm
New Delhi/UNI: The country's top industry bodies have called for offering tax incentives and favourable policies to promote green products in India's upcoming union budget.
Dec 27, 2021, at 10:43 pm
New Delhi: India Post Payments Bank (IPPB) and HDFC Bank have signed a Memorandum of Understanding (MoU) for offering various banking products and services to customers of IPPB in semi-urban and rural areas, focussing on unbanked and underserved segments.
IndusInd Bank partners with NPCI to offer cross-border payments via UPI
Dec 27, 2021, at 10:41 pm
Kolkata: IndusInd Bank has joined hands with the National Payments Corporation of India (NPCI) for offering real-time cross-border remittances to India using UPI IDs, for its Money Transfer Operator (MTO) partners.
GST issue: Amit Mitra says hike will lead to loss of 15 million jobs
Dec 27, 2021, at 02:27 am
Kolkata: Former West Bengal finance minister Amit Mitra on Sunday said the proposed hike of Goods and Service Tax (GST) on textile products from five to 12 per cent would lead to loss of 15 million jobs and closure of one lakh units.
Rs 6,000 cr remitted from Bank of Baroda to Hong Kong; CBI files charge sheet
Dec 26, 2021, at 05:45 am
Delhi/IBNS: The Central Bureau of Investigation has filed two supplementary charge sheets in relation to the alleged illegal remittance of Rs 6,000 crore from Delhi's Bank of Baroda branch to Hong Kong, in the garb of payment for imports, media reported.
J&K: Greenlam Industries plans to invest Rs 950 crores
Dec 25, 2021, at 10:52 pm
Srinagar/IBNS: Greenlam Industries has announced that the company will invest Rs 950 crore to foray into Plywood and Particle Board business.
Dec 25, 2021, at 06:33 am
US auto major General Motors, Alphabet Inc's Google and its self-driving auto technolgy company Waymo have joined the growing list of companies that cancelled in-person attendance in Consumer Electronics Show (CES) to be held in Las Vegas from Januray 5 to January 8, 2022, according to media reports.
RBI to conduct another 3-day VRRR auction for Rs 2 lakh crore
Dec 25, 2021, at 05:46 am
Mumbai/IBNS: Reserve Bank of India will conduct another three day Variable Rate Reverse Repo (VRRR) auction next week in order to draw out up to Rs 2,00,000 crore.
US to waive in-person interview for H1-B visa applicants in 2022
Dec 24, 2021, at 11:58 pm
The H1-B visa applicants will not be required to appear for in person interview at the US consular offices through 2022 to reduce visa wait times, the State Department has said, media reported.
NTPC moves down 2.73 pc to Rs 121.20
Dec 24, 2021, at 11:39 pm
Mumbai/UNI: NTPC on Friday lost by 2.73 per cent to Rs 121.20 a major loser in 30 scrips of BSE.
Indian Rupee up 21 paise against USD
Dec 24, 2021, at 10:52 pm
Mumbai/UNI: The Rupee remained strong on Friday too, as it spurted 21 paise to close at 75.02 versus the greenback on brisk selling of US Dollars by bankers and importers, dealers at the Foreign Exchange said.
Indian Market: Sensex down 190.97 points
Dec 24, 2021, at 10:26 pm
Mumbai, Dec 24 (UNI) The BSE Sensex on Friday slipped by 190.97 points to close at 57,124.31 on profit booking by local operators.
UP: 240 km NH projects of worth Rs 9119 cr launched in Meerut and Muzaffarnagar
Dec 24, 2021, at 10:23 pm
New Delhi/IBNS: Union Minister for Road Transport and Highways Nitin Gadkari inaugurated and laid foundation stone of National Highway projects of 240 Km worth Rs.9119 crore in Meerut and Muzaffarnagar in Uttar Pradesh.
India signs agreements with Germany's KFW for energy reform programme in Madhya Pradesh
Dec 24, 2021, at 09:54 pm
New Delhi/IBNS: The Indian government has inked an agreement with the German Development Bank – KFW (Kreditanstalt für Wiederaufbau) Thursday for Euro 140 million reduced interest loan and Euro 2 million grant for Energy Reform Programme in Madhya Pradesh.
Dec 24, 2021, at 09:13 pm
New Delhi/IBNS: The Indian government and European Investment Bank (EIB) have signed a finance contract for first tranche loan of Euro 250 million for Agra Metro Rail Project, inauguarted by Prime Minister Narendra Modi last year through video conferencing.
Amazon seeks CCI's approval to acquire Catamaran's stake in Cloudtail
Dec 24, 2021, at 05:20 am
New Delhi/IBNS: Amazon has sought regulatory approval to acquire acquire Catamaran Venture’s entire stake in Prione Business Services, which owns Cloudtail, one of the largest sellers on the US-based ecommerce major’s Indian platform, Economic Times reported.
Govt invites comments on amendments on insolvency law
Dec 24, 2021, at 04:52 am
New Delhi/IBNS: The government on Thursday invited comments on various amendments proposed to the insolvency law.
Indian Oil to invest Rs 9,028 cr to construct new crude oil pipeline between Panipat and Mundra
Dec 24, 2021, at 04:18 am
New Delhi/IBNS: State-run refiner, Indian Oil will invest Rs 9,028 crore to construct a new crude oil pipeline between Mundra in Gujarat and Panipat in Haryana, the company said in a statement.
5G spectrum: Trai extends last date for submission of discussion papers
Dec 24, 2021, at 03:55 am
New Delhi/IBNS: The Telecom Regulatory Authority of India (Trai) has extended the deadlines for stakeholder comments and counter comments on two crucial discussion paers following requests from stakeholders.
RBI extends deadline for card tokenisation
Dec 24, 2021, at 03:30 am
Mumbai/IBNS: The Reserve Bank of India (RBI) on Thursday extended the deadline for card tokenisation till June 30, 2022.
Indigo signs codeshare agreement with Air France-KLM
Dec 24, 2021, at 02:02 am
Gurgaon/IBNS: Indigo, an Indian low-cost airline, signed a large-scale codeshare agreement with the European airline Air France-KLM on Thursday.
PM lays foundation stone of ‘Banas Dairy Sankul’ and other projects in poll bound Uttar Pradesh
Dec 24, 2021, at 01:32 am
Varanasi/IBNS: Prime Minister Narendra Modi Thursday laid the foundation stone of ‘Banas Dairy Sankul’ at the UP State Industrial Development Authority Food Park, Karkhiyaon, Varanasi.
Amazon sues ED over investigation of its 2019 deal with Future Group
Dec 23, 2021, at 11:46 pm
New Delhi/IBNS: Amazon is set to sue the Enforcement Directorate (ED) over the agency's probe in its 2019 deal with Future Group.