Indian Market: Sensex falls 164.18 pts
Feb 07, 2020, at 06:02 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Friday declined by 164.18 points to settle at 41,141.85, snapping a gaining streak of last four sessions on profit booking by local operators at higher level.
Airbus signs aircraft services MoU with Adani Defence and Aerospace
Feb 07, 2020, at 05:43 pm
Kolkata/IBNS: Airbus India and Adani Defence & Aerospace signed a Memorandum of Understanding (MoU) at DefExpo 2020 to leverage synergies in aerospace and civil aviation sector.
Govt will not set up a separate fund for Aspirational Districts: Sitharaman
Feb 07, 2020, at 04:52 pm
Mumbai/IBNS: Clarifying government's stand on funding the Aspirational Districts, Finance Minister Nirmala Sitharaman on Friday said the government will not create a separate fund like SC/ST fund for the Aspirational Districts but facilitate reaching of the existing schemes to these districts.
Hero Electric signs MOU with State Bank of India
Feb 07, 2020, at 04:28 pm
New Delhi/IBNS: Biggest electric vehicle brand in India, Hero Electric on Friday announced its partnership with State Bank of India – India’s leading public sector bank – to offer its dealer network inventory financing solutions.
Government intends to simplify tax regime: Nirmala Sitharaman
Feb 07, 2020, at 04:23 pm
Mumbai/IBNS: Neary a week after presenting her second Union Budget, Finance Minister Nirmala Sitharaman on Friday said her government intends to simplify the tax regime of the country.
Dr Reddy's Labs launches Trientine Hydrochloride Capsules in US Market
Feb 07, 2020, at 02:39 pm
Mumbai/UNI Pharma Major Dr Reddy's Laboratories on Friday announced the US launch of Trientine Hydrochloride Capsules a therapeutically equivalent generic version of Syprine (trientine hydrochloride) Capsules, approved by the US Food and Drug Administration (USFDA).
Palaniswami inaugurates Ford Motors' R and D Centre
Feb 06, 2020, at 07:37 pm
Chennai/UNI: Tamilnadu Chief Minister Edappadi K Palaniswami today inaugurated the Rresearch and Development (R and D) centre of Ford Motors at Sholinganallur near here.
Sensex ends firm at 41,306.03 pts, two-week high
Feb 06, 2020, at 07:29 pm
Mumbai/UNI: Extending gains for the fourth straight session, the BSE on Thursday rallied by 163.37 points to end strong at 41,306.03, a two-week-high after the RBI kept the repo rate unchanged at 5.15 per cent and maintained 'accommodative' stance in its sixth bi-monthly monetary policy review of the financial year 2019-20 (FY20).
Rupee rises 3 paise against USD
Feb 06, 2020, at 07:18 pm
Mumbai/UNI: The Rupee on Thursday rose marginally by three paise to 71.19 against the US Dollar on selling of US Dollars by bankers and exporters, the dealers at the Forex Market said.
RBI keeps repo rate unchanged at 5.15 pc
Feb 06, 2020, at 12:48 pm
Mumbai/IBNS: To fight inflation, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15 per cent, according to the Bi-monthly Monetary Policy Statement of the central bank.
RBI likely to keep rates unchanged in bimonthly policy meeting
Feb 05, 2020, at 07:50 pm
New Delhi/UNI: The Reserve Bank of India is likely to keep repo rates unchanged at 5.15 per cent at its bimonthly policy meeting on Thursday, as the country battles rising inflation and slowing economy.
Bengaluru-based Strides Consumer forays into eastern India with two new products
Feb 05, 2020, at 04:29 pm
Kolkata/IBNS: Bengaluru-based consumer health care company, Strides Consumer Private Limited (SCPL), recently entered the market in eastern India with two new products.
Gem and jewellery craftsmen of Kolkata to hone their skills at upcoming Common Facility Centre
Feb 05, 2020, at 04:18 pm
Kolkata/IBNS: Kolkata-based artisans working with gem and jewelley will soon be able to take advantage of a Common Facility Centre (CFC) where they can work with modern tools and techniques.
Feb 04, 2020, at 11:40 pm
Kolkata/IBNS: ASSOCHAM Chairman PC Mody, while talking about the thought process that went in drafting Budget 2020 at the body's Post-Budget Conference to analyse tax-related proposals, said their focus was on promoting voluntary tax compliance, facilitate the compliant taxpayer and go after the delinquent ones.
Tatas and Singapore Airlines close to Air India acquisition: Report
Feb 04, 2020, at 07:54 pm
Mumbai/IBNS: Singapore Airlines and the Tatas are inching close to acquire the financially-hit national carrier Air India, an Economic Times report said.
Bajaj Auto registers total January 2020 sale down 3.11 per cent
Feb 04, 2020, at 05:28 pm
Mumbai/UNI: Auto major Bajaj Auto Limited has reported a drop of 3.11 percent in its total sales for the month of January 2020 at 3,94,473 units as against 4,07,150 units in January 2019.
Piramal Enterprises Q3 consolidate net profit moves up to touch 20.27 pc
Feb 04, 2020, at 05:17 pm
Mumbai/UNI: Piramal Enterprises has reported a rise of 20.27 percent on its consolidated net profit for the quarter ended December 31, 2019 at Rs 724.95 crore as against Rs 602.75 crore for the quarter ended December 31, 2018.
New production from KG D6 Project on track to start by mid-2020: Reliance
Feb 04, 2020, at 12:08 am
Mumbai/IBNS: The RIL-BP joint venture on Monday confirmed that it has completed the safe cessation of production in a planned manner, from the D1 D3 field in Block KG D6 (KG-DWN-98/3), off the east coast of India. The D1 D3 field was India’s first deepwater gas field to be put on production in April 2009.
Century Plyboards (I) reports 3pc revenue increase in the Third Quarter of Financial Year 2019-20
Feb 03, 2020, at 09:00 pm
Kolkata/UNI: Plywood maker Century Plyboards (I) reported a revenue increase of 3 per cent in the Third Quarter of Financial Year 2019-20.
Tips to Get a Low Interest Personal Loan in India
Feb 03, 2020, at 08:03 pm
The popularity of personal loans has been changing the scenario of the Indian lending market. As per stats released by the Reserve Bank of India, personal loans accounted for as much as 96% of non-food credits in the year 2018.
Indian Market:Â Sensex recovers 136.78 pts
Feb 03, 2020, at 05:57 pm
Mumbai/UNI: The BSE Sensex on Monday registered a smart gain of 136.78 points to 39,872.31 on fresh buying in Auto, Realty, Power, Metal and Materials amid weak global cues.
Asian Paints moves up by 6.32 pc to Rs 1867.40
Feb 03, 2020, at 05:54 pm
Mumbai/UNI: Asian Paints on Monday rallied by 6.32 pc to Rs 1867.40 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
Godrej Properties consolidated Q3 net profit moves up by 9.20 pc
Feb 03, 2020, at 05:48 pm
Mumbai/UNI: Realty Major, Godrej Properties has reported a rise of 9.2 per cent in its Consolidated net profit for the quarter ended December 31, 2019 at Rs.45.46 crores as against Rs 41.63 crores for the quarter ended December 31, 2018.
BHEL clinches order for 40 MW Rahughat Hydroelectric Project in Nepal
Feb 03, 2020, at 05:35 pm
Mumbai/UNI: BHEL has won an order for the ElectroMechanical (EM) works for the 40 MW Rahughat Hydroelectric Project in Nepal.
Tata Chemicals consolidated net profit moves up by 6.54 pc to Rs 233.84 cr
Feb 03, 2020, at 05:32 pm
Mumbai/UNI: Tata Chemicals has reported a rise of 6.54 per cent in its consolidated net profit for the quarter ended December 31, 2019 at Rs 233.84 crore for the period ended as compared with net profit of Rs.219.48 crores for the quarter ended December 31, 2018.
Indian Rupee tad higher by one paisa against USD
Feb 03, 2020, at 05:29 pm
Mumbai/UNI: The Rupee on Monday rose marginally by one paisa to 71.33 against the US Dollar on fresh selling of US Dollars by bankers and exporters, the dealers at the Forex Market said.
Tata Motors opens bookings for the feature- loaded Harrier BSVI range
Feb 03, 2020, at 05:01 pm
Mumbai/IBNS: Automobile major Tata Motors on Monday announced the commencement of bookings for its Harrier BSVI range, with the introduction of the much- awaited Automatic Transmission variants.
First Coil rolled out from new Hot Strip Mill of SAIL-Rourkela Steel Plant
Feb 03, 2020, at 03:42 pm
New Delhi / Rourkela/IBNS: Steel Authority of India Limited’s (SAIL’s) Rourkela Steel Plant (RSP) on Monday said it has achieved a new feat by successfully rolling out the first coil from its newly installed world class Hot Strip Mill-2 (HSM-2), last week.
-1580716293.jpg "Rupee down 28 paise against USD")
Rupee down 28 paise against USD
Feb 03, 2020, at 01:21 pm
Mumbai/UNI: The Rupee on Monday tumbled down by 28 paise to 71.64 in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Feb 03, 2020, at 12:17 pm
Mumbai/UNI:The benchmark index of Bombay Stock Exchange (BSE) on Monday recovered by 235 points to 39,701.02 on fresh buying inConsumer