Rajneesh Karnatak assumes charge as Executive Director of Union Bank of India
Oct 22, 2021, at 11:32 pm
Kolkata/IBNS: Rajneesh Karnatak toady assumed charge as Executive Director of Union Bank of India.
Indian Market: Sensex drops 101.88 points
Oct 22, 2021, at 10:03 pm
Mumbai/UNI: The BSE Sensex on Friday slipped 101.88 pts to settle at 60,821.62 despite positive Asian Market.
Bank of India opens first branch in Leh
Oct 22, 2021, at 09:54 pm
Leh: Public Sector Bank, Bank Of India, on Friday opened its first ever branch in Leh).
Pump rates reach record high after third price hike in week
Oct 22, 2021, at 06:19 pm
New Delhi/UNI: Fuel prices rallied to their highest ever level as oil marketing companies increased prices of petrol and diesel Friday.
Oct 22, 2021, at 06:14 pm
Mumbai/UNI: The BSE Sensex on Friday bounced back by 262 pts at 61,186.07 in early trade, as fresh buying was seen in Consumer Discretionary Goods and Services, Energy and FMCG stocks.
Bombay HC orders ZEE to call EGM as demanded by Invesco
Oct 22, 2021, at 06:47 am
Mumbai/IBNS: The Bombay High Court on Thursday ordered Zee Entertainment Enterprises Ltd to convene an extraordinary general meeting (EGM) as requisitioned by shareholders Invesco Developing Market Funds and OFI Global China Fund.
Oct 22, 2021, at 04:53 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) on Thursday prohibited investment advisors from advising on unregulated instruments, according to media reports.
Saudi Aramco Chairman Al-Rumayyan appointed to Reliance board after shareholders' approval: Report
Oct 22, 2021, at 03:01 am
Mumbai/IBNS: Reliance Industries Ltd Thursday announced that the resolution to induct Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to its board has been passed by a required majority of its shareholders, according to media reports.
Aditya Birla Group ventures into paint business in West Bengal
Oct 22, 2021, at 02:05 am
Kolkata/IBNS: Aditya Birla Group (ABG), a global conglomerate, has announced its venture into the paint business.
Rajeev Chandrasekhar blames corporates for rising trade with China
Oct 21, 2021, at 10:33 pm
New Delhi/UNI: Union Minister for Electronics and IT Rajeev Chandrasekhar Thursday blamed the corporates for the rise in trade with China, amid the continuing tension at the Line of Actual Control and a 17-months stand-off in Ladakh.
Union Cabinet hikes DA for central govt employees, pensioners by 3 pc
Oct 21, 2021, at 08:24 pm
New Delhi/IBNS: The Union Cabinet Thursday increased the dearness allowance for Central government employees and pensioners by 3 percent with effect from July 1, 2021.
RBI imposes Rs 1 cr penalty on Paytm Payments Bank
Oct 21, 2021, at 06:46 am
Mumbai/IBNS: The Reserve Bank of India (RBI) Wednesday imposed a monetary penalty of Rs one crore on Paytm Payments Bank Limited (PPBL) for violating certain norms.
Oct 21, 2021, at 05:20 am
Singapore: Future Retail cannot avoid being part of the arbitration process over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on Wednesday, Reuters reported.
Taliban rule: IMF predicting 30 pct shrink in Afghanistan’s economy
Oct 21, 2021, at 05:12 am
The International Monetary Fund has said in its latest regional economic report that the gross domestic products of Afghanistan could see a 30 percent contraction after the Taliban took over the country and foreign aid halted.
Value of Afghani falls as Kabul residents feel the pinch in their pockets
Oct 21, 2021, at 05:01 am
Kabul: Residents of Kabul have been complaining about a spike in prices of goods in the markets as the value of the Afghani has fallen against the dollar in recent days, media reports said on Wednesday.
Moody's slashes ratings of several Chinese real estate giants
Oct 21, 2021, at 04:52 am
As many as seven Chinese real estate giants are facing the trouble to borrow money to repay their debts as US credit rating agency Moody recently downgraded their credit ratings.
Debt-ridden Chinese chipmaker trying to survive, initiates talks with investors
Oct 21, 2021, at 04:39 am
Chinese chipmaker Tsinghua Unigroup is trying to avoid bankruptcy and currently it is in negotiations with seven potential investors to help resolve the financial crisis, media reports said.
Swiggy to introduce paid monthly period time-offs for women delivery partners
Oct 21, 2021, at 04:01 am
Bengaluru/IBNS: Online food delivery aggregator Swiggy will be giving its female regular delivery partners paid monthly period time-offs, it said in a statement on October 20, according to media reports.
HDFC Mutual Fund announces New Fund Offer
Oct 21, 2021, at 02:15 am
New Delhi: HDFC Asset Management Company, one of India’s leading mutual fund houses with ₹ 4.35 trillion in assets under management has announced launch of New Fund Offer – HDFC NIFTY Next 50 Index Fund, for investors looking for returns that are commensurate with the performance of NIFTY Next 50 Index, subject to tracking error.
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty IT ETF
Oct 21, 2021, at 02:13 am
Mumbai: Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF) has announced the launch of Aditya Birla Sun Life Nifty IT ETF, an open-ended exchange traded fund that will track the Nifty IT TRI (Total Return Index).
Vodafone Idea opts for 4 yr moratorium to clear AGR dues
Oct 21, 2021, at 01:33 am
Mumbai/IBNS: Vodafone Idea on October 20 announced that its board has opted for the four-year moratorium to clear Adjusted Gross Revenue (AGR) dues, according to media reports.
Indian Rupee ends strong at 74.87against USD; 47 paise up
Oct 21, 2021, at 12:27 am
Mumbai/UNI: The Rupee on Wednesday ended strong at 74.87, surging 47 paise against the US Dollar on selling of US Dollar by bankers and importers along with sliding global crude oil prices, dealers at the Foreign Exchange said.
Titan moves down 2.97 pc to Rs 2412.35
Oct 21, 2021, at 12:20 am
Mumbai/UNI: Titan on Wednesday fell by 2.97 pc to Rs 2412.35, a major loser in 30 scrips of BSE.
Indian Market: Sensex drops 456.09 pts
Oct 21, 2021, at 12:02 am
Mumbai/UNI: The BSE Sensex remained under pressure for another session on Wednesday, as the BSE Sensex dropped by 456.09 pts to settle at 61,259.96 on heavy selling in Materials, Energy, Utilities stocks.
Essar Oil UK welcomes government backing on HyNet North West
Oct 20, 2021, at 11:33 pm
London/UNI: Essar Oil UK (EOUK) Wednesday confirmed that HyNet North West has been selected as a track-1 cluster for the mid-2020s and will be part of the negotiations under the United Kingdom's 'Carbon Capture, Usage and Storage Cluster Sequencing Process'.
PVR announces reopening in Maharashtra with launch of PVR Maison
Oct 20, 2021, at 09:01 pm
Mumbai/IBNS: PVR Ltd, the premium film exhibition company in India through its luxury arm, The Luxury Collection, has announced the launch of a boutique property, PVR Maison at Jio World Drive, Bandra Kurla Complex, here.
In highly uneven recovery, global investment flows rebound
Oct 20, 2021, at 06:08 pm
New York: After a big drop last year caused by the COVID-19 pandemic, global foreign direct investment (FDI) reached an estimated $852 billion in the first half of 2021, showing a stronger than expected rebound.
Reliance Retail acquires 52 pc stake in Ritu Kumar's designer labels
Oct 20, 2021, at 04:29 am
Mumbai/IBNS: Reliance Retail Ventures Limited (RRVL)- the retail business of Mukesh Ambani-owned Reliance Industries acquired a majority 52 percent stake in popular designer labels of Ritu Kumar, according to media reports.
Delhi Police to summon corporate lobbyist Niira Radia in Yes Bank fraud case: Report
Oct 20, 2021, at 02:41 am
New Delhi/IBNS: The Delhi Police is likely to summon corporate lobbyist Niira Radia for questioning in connection with the alleged floating of a fake company used to siphon off a Rs 300 crore Yes Bank loan, according to media reports.
Mushroom cultivation, a potential entrepreneurship opportunity for J&K youth
Oct 19, 2021, at 11:39 pm
Srinagar/IBNS: Advisor to Lieutenant Governor Farooq Khan emphasized on spurring of mushroom cultivation as a potential entrepreneurship opportunity for Jammu and Kashmir's younger demographic.