Bandhan Bank MD & CEO Chandra Shekhar Ghosh to step down in July after completion of tenure
Apr 06, 2024, at 05:02 am
Mumbai: Bandhan Bank Managing Director and Chief Executive Officer Chandra Shekhar Ghosh will step down from his current role when his tenure concludes on July 9, 2024, the bank announced on Friday.
RBI keeps repo rate unchanged in line with market expectations
Apr 06, 2024, at 04:54 am
Mumbai: The Reserve Bank of India on Friday kept the key interest rates unchanged at 6.50 percent, in line with the market expectations.
Apr 05, 2024, at 11:08 pm
The BSE Sensex on Friday ended almost flat at 74248.22, rising 20.59 pts as Realty, Bankex and FMCG stocks rose.
Bandhan Mutual Fund unveils Bandhan Innovation Fund
Apr 05, 2024, at 08:50 pm
Bandhan Mutual Fund has announced the launch of Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs.
Rupee most stable compared to peers due to strong fundamentals of Indian economy: RBI
Apr 05, 2024, at 06:55 pm
New Delhi/UNI: The Indian currency (INR) was the most stable among major currencies during the past three years and this reflects sound economic fundamentals of the Indian economy, says the Reserve Bank of India.
Byju's founder, whose net worth was Rs. 17,545 crore a year ago, no longer a billionaire
Apr 05, 2024, at 06:04 pm
Mumbai/IBNS: Indian multinational educational technology company Byju's founder, Byju Raveendran's net worth is now zero, a year after he had Rs. 17,545 crore a year ago.
RBI keeps repo rate unchanged at 6.5%, projects 7% growth for FY25
Apr 05, 2024, at 05:23 pm
New Delhi/UNI/IBNS: Considering various factors both in the domestic and global markets, the Reserve Bank of India Friday projected 7 percent growth for Indian economy for FY25. RBI governor Shaktikanta Das said after three days of deliberations, the Monetary Policy Committee unanimously decided to keep the key interest rates unchanged at 6.50 per cent.
Apple plans to cut 614 workers in California
Apr 05, 2024, at 02:15 pm
Tech major Apple has decided to lay off 614 workers in California, marking the first significant round of job cuts since pandemic, media reports said.
CBDT enables taxpayers to file returns from Apr 1
Apr 05, 2024, at 05:01 am
New Delhi: The Central Board of Direct Taxes (CBDT) on Thursday said it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024–25 (relevant to Financial Year 2023–24) from April 1, 2024, and onwards.
Swiggy appoints Suparna Mitra as an Independent Director to its Board
Apr 05, 2024, at 04:38 am
Kolkata: Swiggy on Thursday announced the appointment of Suparna Mitra as an Independent Director to its Board.
Sensex recovers over 500 points
Apr 04, 2024, at 05:57 pm
Mumbai/UNI: The BSE Sensex on Thursday smartly recovered by 537 points to open at 74413.82 on the strength of industrials, IT, telecommunications, and utilities stocks.
RBI's 3-day MPC meeting starts
Apr 04, 2024, at 06:40 am
Mumbai: The Reserve Bank of India's Monetary Policy Committee has started its three-day meeting on Wednesday to deliberate on interest rates and analyze the state of the economy.
Apr 04, 2024, at 06:27 am
Mumbai: Indian billionaires increased their presence in the 2024 Forbes list of the World’s Billionaires to 200 from 169 last year. Leading the list is Mukesh Ambani, whose net worth surged to $116 billion from $83 billion, establishing him as the first Asian to enter the $100 billion club. Ambani maintained his status as the ninth wealthiest individual globally and continues to hold the title of India’s and Asia’s richest person.
Apr 04, 2024, at 06:09 am
Bernard Arnault, the chairman and CEO of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SA, has topped Forbes' World's Billionaires list for the second year, media reports said.
Tesla to send team from US to pick up potential manufacturing sites in India: Report
Apr 04, 2024, at 05:49 am
New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, the Financial Times reported on Wednesday.
Virgin Atlantic plans to offer over 1 million seats to India by 2025
Apr 04, 2024, at 05:37 am
Bengaluru: Virgin Atlantic on Wednesday signalled its strong commitment to India by launching a new daily service to Bengaluru and announcing a second daily flight to Mumbai, starting this October.
India plans to set up first privately run strategic petroleum reserve by 2029-30: Report
Apr 04, 2024, at 05:31 am
New Delhi: India intends to set up its first privately operated strategic petroleum reserve (SPR) by 2029-30, allowing the operator the autonomy to trade the entire oil stock, media reports said.
Radisson group opens 212-room luxury hotel in Srinagar
Apr 04, 2024, at 05:15 am
Srinagar: Radisson Hotel Group on Wednesday announced the debut of its luxury lifestyle brand Radisson Collection in India with the opening of Radisson Collection Hotel & Spa, Riverfront Srinagar.
SJVN Ltd signs MoU with IIT Patna to use advanced geological models in tunnelling projects
Apr 04, 2024, at 03:21 am
New Delhi: SJVN Limited has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Patna (IIT Patna) to use advanced geological models in SJVN's tunnelling projects to significantly reducing time and cost overruns.
Jawaharlal Nehru Port achieves record 6.43 million TEUs throughput in FY24
Apr 04, 2024, at 02:31 am
Mumbai: India’s one of the leading container ports, Jawaharlal Nehru Port Authority (JNPA) in Mumbai, achieved its highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24.
Spectrum auction postponed by 2 weeks; to start on June 6 now
Apr 04, 2024, at 01:59 am
New Delhi: The Department of Telecom (DoT) has postponed the spectrum auction by two weeks in view of the Lok Sabha election schedule.
Sensex marginally declines 27.09 points
Apr 03, 2024, at 11:36 pm
BSE Sensex on Wednesday marginally fell 27.09 points to settle at 73,876.82 as selling was seen in Realty, Auto, and BSE Services stocks.
Air India transforms 'Flying Returns' loyalty programme to offer greater rewards to members
Apr 03, 2024, at 08:24 pm
Indian aviation major Air India on Wednesday launched its transformed Flying Returns loyalty programme, introducing a simplified new structure, more customer-friendly features, renamed tiers, and an updated identity.
Sensex down by over 500 points
Apr 03, 2024, at 05:11 pm
Mumbai/UNI: The BSE Sensex on Wednesday lost another 599 points at 73604 in the opening session as selling was seen in real estate, technology, and consumer durable stocks.
CCI approves 7 proposals involving acquisition of shares across companies
Apr 03, 2024, at 06:37 am
New Delhi: In a slew of decisions, the Competition Commission of India (CCI) on Tuesday approved seven proposals that include acquisition of shares partly or 100 percent in transactions involving MG Motors, Max Life Insurance, Sharekhan Limited and others.
Vedanta debt to be divided among demerged firms in ratio of assets
Apr 03, 2024, at 05:39 am
Mumbai: Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.
Apr 03, 2024, at 05:01 am
Bengaluru: Cash-strapped ed-tech company Byju's has reportedly implemented layoffs, affecting approximately 500 employees, mainly in sales and marketing roles.
India conducts 43.3 crore digital transactions every month: Nirmala Sithraman
Apr 03, 2024, at 02:49 am
New Delhi: Finance Minister Nirmala Sitharaman lauded the robust digital public infrastructure and widespread access that has propelled India to the forefront of digital transactions, media reports said.
Profit-taking pulls market down; BSE Sensex suffers 110 points drop
Apr 02, 2024, at 11:33 pm
Snapping a winning streak of last three sessions, the BSE Sensex on Tuesday slipped 110.64 points to settle at 73903.91 on profit booking by local operators even as the market experts remain bullish in view of recent GST collections and other economic indicators.
Apr 02, 2024, at 10:32 pm
Snapping a winning streak of last three sessions, the BSE Sensex on Tuesday slipped 110.64 pts to settle at 73903.91 on profit booking by local operators.