Apollo Tyres, Manchester United launch 'United We Play Masterclass' programme
Dec 07, 2020, at 11:29 pm
Kolkata: Leading tyre maker, Apollo Tyres, the Global Tyre Partner to Manchester United Football Club, launched the ‘United We Play Masterclass’ programme, to provide a platform for young footballing talent. This programme will be conducted digitally and will be led by Manchester United Soccer School (MUSS) coaches.
SBI embraces two new certifications from the IGBC in its efforts to promote sustainability
Dec 07, 2020, at 11:14 pm
Kolkata: Keeping in line with its core values, the country's largest bank continues to boost its efforts towards promoting overall sustainability and fulfill its responsibility for the environment. As one of the founding members of the Indian Green Building Council (IGBC), SBI is constantly thriving to incorporate green measures in all its possible avenues.
5paisa.com and Vested to provide Zero Commission investing in the US markets
Dec 07, 2020, at 10:45 pm
New Delhi: India’s only listed discount broker 5paisa.com today said that it has partnered with Vested to provide Zero Commission investing in the US markets for all our customers.
Indian Market: Sensex at record high at 45,426.97 pts
Dec 07, 2020, at 10:41 pm
Mumbai/UNI: BSE Sensex on Monday was at a record high at 45,426.97, advancing 347.42 pts at close on the strength of Telecom, Health Care, Industrials and FMCG stocks.
Rupee falls 10 paise against USD
Dec 07, 2020, at 10:30 pm
Mumbai/UNI: The Rupee on Monday slipped by ten paise to close negative at 73.89 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian economy will be among top economies in the world: NITI Aayog Vice Chairman
Dec 07, 2020, at 10:28 pm
New Delhi: Vice-Chairman, NITI Aayog, Dr. Rajiv Kumar, emphasised that the Indian economy will be among the top economies in the world in the next few years using science, technology, and innovation in all sectors, bouncing back soon from the after effects of COVID 19, at a webinar organized to celebrate 50 years of the Department of Science and Technology (DST) recently.
ONGC moves up by 3.28 pc to Rs 92.80
Dec 07, 2020, at 09:59 pm
Mumbai/UNI: ONGC on Monday rallied by 3.28 pc to Rs 92.80 a major gainer in 30 scrips of BSE.
Clear all pending applications under SARFAESI Act within 60 days: Finance Deptt to DMs in J&K
Dec 05, 2020, at 10:32 pm
Srinagar: Finance department has written to all District Magistrates of Jammu and Kashmir to coordinate with banks, financial institutions in recovering dues from defaulters and clear all the pending applications u/s 14 of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI Act) within the prescribed period of 60 days.
Indian Market: Sensex zooms by 929.83 during the week
Dec 05, 2020, at 09:40 pm
Mumbai/UNI: The BSE Sensex zoomed by 929.83 points or 2.11 pc to settle at 45,079.55 in week under review on positive global cues and on optimism over progress in COVID-19 vaccine development.
Response for PMC Bank resolution look positive: RBI governor Shaktikanta Das
Dec 05, 2020, at 12:14 am
Mumbai/UNI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said the response from potential investors for reconstruction of crisis-ridden Punjab and Maharashtra Co-operative Bank looks "positive" so far.
Indian Rupee marginally up by 2 paise against USD
Dec 05, 2020, at 12:01 am
Mumbai/UNI: The Rupee on Friday rose marginally by two paise to close positive at 73.79 against the US Dollar on selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
ICICI Bank moves up by 4.20 pc to Rs 502.15
Dec 04, 2020, at 11:49 pm
Mumbai/UNI: ICICI Bank on Friday rallied by 4.20 pc to Rs 502.15, a major gainer in 30 scrips of BSE.
Indian Market: Sensex at life time highs at 45,079.55 pts
Dec 04, 2020, at 11:17 pm
Mumbai/UNI: For the first time in the history, the BSE Sensex on Friday, breaching 45K level to finish at 45,079.55, spurting 446.90 pts after the RBI maintained status quo.
56% e-commerce order volume growth this festive season: Unicommerce Festive Trends Report
Dec 04, 2020, at 09:24 pm
Kolkata: Unicommerce, India‘s largest e-commerce focused SaaS platform, has once again brought an insightful data-driven festive trends report to understand the changing dynamics of India’s e-commerce ecosystem. The report analyses shopping trends for the festive month of 2019 and 2020.
Revealed: The cost of the pandemic on world's poorest countries
Dec 04, 2020, at 09:19 pm
New York: More than 32 million of the world’s poorest people face being pulled back into extreme poverty because of COVID-19, leading UN economists said on Thursday, highlighting data showing that the pandemic is likely to cause the worst economic crisis in decades among least developed countries (LDCs).
Dec 04, 2020, at 09:17 pm
New York: An additional 207 million people could be pushed into extreme poverty by 2030, due to the severe longterm impact of the coronavirus pandemic, bringing the total number to more than a billion, a new study from the UN Development Programme (UNDP) has found.
MPC voted unanimously to keep the policy repo rate unchanged at 4%: RBI Guv Das
Dec 04, 2020, at 03:53 pm
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Friday said the Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent.
Indian aviation industry losses to swell to Rs 210 billion in FY21: ICRA
Dec 04, 2020, at 06:04 am
Mumbai/IBNS: The profitability of the Indian aviation industry is estimated to be adversely impacted in FY2021 with a significant net loss of approximately Rs 210 billion, against net loss of Rs 127 billion in FY2020 with the industry debt level increasing to approximately Rs 500 billion (excluding lease liabilities) over FY2021-22, credit rating agency ICRA said in a report.
Roshni Nadar of HCL Tech is India's richest woman in 2020: Kotak Wealth Hurun India list
Dec 04, 2020, at 05:52 am
Kolkata/IBNS: Kotak Mahindra Bank's Wealth Management division and Hurun India on Thursday announced the launch of the second edition of Kotak Wealth Hurun - Leading Wealthy Women, and HCL Technology's chairperson, Roshni Nadar Malhotra, has topped the compilation of the wealthiest businesswomen in India with a net wealth of Rs. 54,850 crore.
ICICI Bank inaugurates representative office in Nepal
Dec 04, 2020, at 05:17 am
Mumbai/IBNS: ICICI Bank on Thursday inaugurated its representative office at Thapathali, the prominent business district in Kathmandu, marking the foray of an Indian private sector bank in Nepal. The representative office will closely work with the domestic banks in Nepal to facilitate investment, trade, payments and treasury business between the two countries.
GRSE organizes free health camp for contractors’ workmen
Dec 04, 2020, at 03:36 am
Kolkata/IBNS: To address the health related concerns of the contractors’ workmen engaged in the company, Garden Reach Shipbuilders & Engineers Ltd (GRSE), a Government of India Undertaking, has started Free Health camps.
Bank of India acquires 49 pc stake in subsidiaries
Dec 04, 2020, at 03:36 am
Mumbai/IBNS: Public sector lender Bank of India (BOI) has said it will acquire 49 per cent stake in each of its subsidiaries BOI AXA Investment Managers Pvt Ltd and BOI AXA Trustee Services Pvt Ltd.
RBI temporarily stops HDFC Bank from adding new customers
Dec 03, 2020, at 10:14 pm
Mumbai/IBNS: The Reserve Bank of India (RBI) has temporarily stopped HDFC Bank from adding more customers or launching digital business.
Dec 03, 2020, at 07:17 pm
Kharagpur (WB)/IBNS: The Leadership Summit organised by the Alumni Cell, Indian Institute of Technology (IIT), Kharagpur, is a platform that presents eminent professionals and business magnates who can guide the students to prepare themselves for the future.
Leadership Summit 2020 organised by the Alumni Cell of IIT-K will be held on virtual platform
Dec 03, 2020, at 07:08 pm
Kharagpur (WB)/IBNS: The Students’ Alumni Cell of Indian Institute of Technology (IIT), Kharagpur, is ready to host the fourth edition of the Leadership Summit 2020 in December this year, by moving it to the virtual platform.
Indian sugar production doubles to 42.90 lac tons in 2020
Dec 03, 2020, at 06:37 am
New Delhi/IBNS: India's sugar production more than doubled to 42.90 lac tons as of November 30, 2020 as compared to last season’s production of 20.72 lac tons for the corresponding period, due to earlier start of sugarcane crushing this season, according to Indian Sugar Mills Association (ISMA).
IIFCL to be converted to DFI to boost infrastructure projects
Dec 03, 2020, at 05:02 am
New Delhi/IBNS: The finance ministry has proposed to increase the scope and financial strength of India Infrastructure Finance Company Limited (IIFCL) to a development finance institution (DFI), for which a Bill will be tabled in the budget session of Parliament, said media reports.
NSE launches its first agricultural commodity futures contract
Dec 03, 2020, at 04:31 am
Mumbai: National Stock Exchange of India Ltd (NSE), India’s leading stock exchange, launched its first agricultural commodity futures contract on crude degummed soybean oil (CDSO Futures) on Dec 1. The CDSO Futures contract is a monthly expiry futures contract with a trading lot size of 10 metric ton (MT) and price basis as Kandla.
Tata in advanced stages of talks to buy online grocery retailer BigBasket : Report
Dec 03, 2020, at 02:32 am
Mumbai/IBNS: The Tata group is in an advanced stage of talks to buy around 80 per cent stake in online grocery store BigBasket for nearly $1.3 billion in a bid to narrow the competition with Mukesh Ambani's Jio Mart, Amazon.com Inc and Walmart Inc, said media reports.
Indian Rupee down 14 paise against USD
Dec 02, 2020, at 11:08 pm
Mumbai/UNI: The Rupee on Wednesday slipped by 14 paise to close negative at 73.80 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.