Mahindra and Mahindra acquires Meru
May 01, 2021, at 06:03 am
Mumbai/IBNS: Mahindra and Mahindra Ltd has acquired 100 per cent stake in Meru Travel Solutions limited with the aim to expand its presence in the mobility service sector, according to media reports.
Covid-19 peak likely by mid-May: SBI report
May 01, 2021, at 04:59 am
Mumbai/IBNS: The second wave of coronavirus in India may touch the peak around mid-May, analysts of country's biggest lender State Bank of India (SBI) have predicted.
Indian Market: Sensex nosedives 983.53 points
Apr 30, 2021, at 11:55 pm
Mumbai/UNI: The BSE Sensex on Friday dropped 983.53 points to settle at 48,782.46 as selling was seen in Finance, Bankex, Auto and FMCG stocks.
HDFC down 4.38 pc to Rs 2420.15
Apr 30, 2021, at 11:51 pm
Mumbai/UNI: Share price of HDFC on Friday was down by 4.38 per cent to Rs 2420.15, a major loser in 30 scrips of BSE.
SBI General Insurance reports 22 pc growth in GWP
Apr 30, 2021, at 10:45 pm
Kolkata/UNI: SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results with a Net Profit of Rs. 544 crore and Gross Written Premium (GWP) of Rs. 8312 crore in FY 20-21. The company’s GWP grew by 22% where the general insurance industry has shown a growth of 5.2%. In its 11 years of operations, the company has shown steady growth for the past 4 years, while maintaining positive track record of underwriting.
Indian Market: Sensex down over 400 pts
Apr 30, 2021, at 04:48 pm
Mumbai/UNI: The BSE Sensex on Friday slumped 405 pts to open at 49,360.89 as selling was seen in Finance, Bankex, Utilities and Auto stocks.
Covid fallout: Banks cut public business hours in Jammu and Kashmir
Apr 30, 2021, at 03:34 pm
Srinagar: In view of steep rise in the COVID19 cases, the banks operating in J&K have curtailed working hours and staff presence at the branches.
Indian Market: Sensex touches 50k to 50,093.86 pts
Apr 30, 2021, at 01:05 am
Mumbai/UNI: The BSE Sensex on Thursday breaching 50k-level to open at 50,093.86 following gains in Metal, Materials, FMCG and Finance stocks.
Indian Rupee up 30 paise against USD
Apr 28, 2021, at 11:33 pm
Mumbai/UNI: The Rupee remained firm for the third straight session as on Wednesday it advanced 30 paise to close at 74.35 against the greenback on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
OPPO A53s 5G: India's most affordable 5G phone, priced only at INR 14,990
Apr 28, 2021, at 11:27 pm
New Delhi: OPPO, the leading global smart device brand, on Tuesday announces the launch of the all new OPPO A53s 5G.
Bajaj Finance up 8.32 pc to Rs 5279.15
Apr 28, 2021, at 10:59 pm
Mumbai/UNI: Bajaj Finance on Wednesday advanced by 8.32 per cent to Rs 5279.15, a major gainer in 30 scrips of BSE.
India Market: Sensex surges 789.70 pts
Apr 28, 2021, at 10:50 pm
Mumbai/UNI: The BSE Sensex on Wednesday spurted 789.70 pts to close at 49,733.84 following gains in Bankex, Finance, Telecom, Auto and Consumer Durable stocks.
Under PMDP Jammu and Kashmir completes just 20 out of 54 projects in five years
Apr 28, 2021, at 06:46 pm
Srinagar: Five years after the announcement of Prime Minister’s Development package, Jammu and Kashmir has been able to complete just 20 projects out of 54 projects which were funded under the package.
Apr 27, 2021, at 11:14 pm
Mumbai/UNI: The Rupee on Tuesday gained 6 paise to close at 74.65 against the greenback on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Rupee up 17 paise against USD
Apr 27, 2021, at 05:27 pm
Mumbai/UNI: The Rupee on Tuesday rallied by 17 paise to 74.54 against the US Dollar in opening trade on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex up over 200 pts
Apr 27, 2021, at 05:14 pm
Mumbai/UNI: The BSE Sensex on Tuesday gained further by 209 pts at 48,596.22 in opening trade as buying was seen across the board.
Reserve Bank of India issues new guidelines for tenure of bank CEOs, MD
Apr 27, 2021, at 04:17 am
Mumbai/UNI: Reserve Bank of India on Monday issued certain guidelines for the governance of banks, including private banks, Small Finance Banks (SFBs) and Wholly Owned Subsidiaries of Foreign Banks.
Indian Rupee ends strong at 74.71 against USD
Apr 26, 2021, at 10:12 pm
Mumbai/UNI: The Rupee on Monday registered a strong gain of 30 paisa to close firm at 74.71 against the US Dollar on buying of US Dollar by bankers and exporters, dealers at the Forex Market said.
ICICI Bank Q4 standalone profit jumps 260.5% y-o-y, NII increases 17%
Apr 26, 2021, at 10:12 pm
Mumbai/IBNS: Private sector lender ICICI Bank recorded a massive 260.45% year-on-year (YoY) growth in standalone profit at Rs 4,402.61 crore for quarter ending March 2021 compared to Rs 1,221 crore (US$ 167 million) in the quarter ended March 31, 2020 (Q4-2020).
Indian Market: Sensex up 508.06 pts
Apr 26, 2021, at 10:08 pm
Mumbai/UNI: The BSE Sensex on Monday advanced 508.06 pts to close at 48,386.51 tracking global peers.
Tesla Inc to set up India headquarters in Mumbai: Report
Apr 25, 2021, at 10:58 pm
Mumbai/IBNS: Tesla is setting up its office in the Lower Parel-Worli area in Mumbai with its production base in Karnataka, an ET report said.
New Industrial Package is best package, any one has got: R P Thakur
Apr 25, 2021, at 05:52 am
Srinagar: Ranjan Prakash Thakur, Principal Secretary, Industries and Commerce (I&C), J&K today said that the industrial package announced for Jammu and Kashmir is the best package which any state has got till now and the amount of the package can be doubled if required.
Covid-19: IRDAI asks insurers to settle policyholders' claims on cashless basis
Apr 24, 2021, at 09:17 pm
New Delhi/IBNS: Insurance regulator IRDAI on Friday asked the insurers to settle the claims of policyholders on cashless basis after reports emerged that some hospitals demanded cash payments from Covid-19 patients.
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Apr 24, 2021, at 08:21 pm
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ByteDance has no immediate plans of IPO : Report
Apr 24, 2021, at 08:20 pm
Beijing/IBNS: TikTok-owner ByteDance has said that it has no immediate plans for an Initial Public Offering (IPO), according to a Reuters report.
RBI extends the interim Ways and Means Advances of Rs 51,560 crore for states and UTs till Sep 30
Apr 24, 2021, at 06:10 am
Mumbai/IBNS: Reserve Bank of India (RBI) on Friday extended the interim Ways and Means Advances (WMA) limit of Rs 51,560 crore for all states and union territories till September 30 in view of the coronavirus pandemic situation.
RBI stops Diners Club and American Express from making new credit card customers from May 1
Apr 24, 2021, at 04:03 am
Mumbai/IBNS: Reserve Bank of India (RBI) has banned credit card companies Diners Club International and American Express from making new customers in India from May 1, 2021.
New committee to reduce dependency on steel and cement for constructing highways: Nitin Gadkari
Apr 24, 2021, at 03:15 am
India's Road Transport Ministry is setting up a committee under the chairmanship of Mr K. Venkataramanan to reduce the dependency on steel and cement to reduce the cost of construction and look for alternatives, stated Union Minister for Road Transport & Highways Mr Nitin Gadkari.
Indian Rupee rises 2 paise against USD
Apr 24, 2021, at 12:32 am
Mumbai/UNI: The Rupee on Friday rose by two paise to 74.93 against the US Dollar in opening trade on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
M& M drops 2.63 pc to Rs 778.60
Apr 24, 2021, at 12:30 am
Mumbai, Apr 23 (UNI) Mahindra & Mahindra on Friday lost by 2.63 pc to Rs 778.60 a major loser in 30 scrips of BSE.