Bill amending public sector banks may allow govt complete exit: Report
Jun 28, 2022, at 11:02 pm
New Delhi: The government may table a bill to amend the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to facilitate the privatisation of state-run banks in the upcoming session of parliament, media reports said.
Indian Rupee drops 43 paise against USD
Jun 28, 2022, at 10:24 pm
Mumbai: The Rupee on Tuesday tumbled 43 paise to close at 78.77 against the USD on rising demand for US Dollar from bankers and importers, dealers at the Foreign Exchange said.
Indian Market: Sensex ends steady at 53,177.45 pts
Jun 28, 2022, at 09:44 pm
Mumbai: The BSE Sensex on Tuesday ended flat at 53,177.45, rising by 16.17 pts as buying was seen in Energy, Oil and Gas and Auto stocks.
Jun 28, 2022, at 04:54 pm
Flipkart, India’s homegrown e-commerce marketplace, launched a film “MSMEs - Taking India Forward” on the occasion of World MSME Day celebrated on June 27th worldwide to celebrate and showcase the journey of all the Micro, Small and Medium Enterprises who are integral growth drivers of the country’s economy.
Indian Market: Sensex spurts 433.30 points
Jun 27, 2022, at 10:41 pm
Mumbai: The equity market remained strong for a third straight session on Monday as the BSE Sensex rallied 433.30 points to close at 53,161.28 following gains in technology, capital goods, IT and metal stocks.
BSE inks MoU with Maharashtra to promote SME listing
Jun 27, 2022, at 10:35 pm
Mumbai/UNI: BSE (Bombay Stock Exchange) signed a memorandum of understanding (MoU) with Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) for promoting and creating awareness regarding the benefits of listing on BSE SME platform.
Jun 26, 2022, at 02:36 am
Mumbai: Tata Power Solar Systems Limited (Tata Power Solar), a wholly-owned subsidiary of Tata Power, has accomplished a remarkable feat by commissioning India's largest floating solar power project in Kayamkulam, Kerala on a 350-acre water body, backwaters area, having an installed capacity of 101.6 Megawatt Peak.
India sets target of producing 140 million tons of coking coal by 2030
Jun 26, 2022, at 02:18 am
New Delhi: India has set a target of producing 140 million tons (MT) of coking coal by 2030 following several transformative measures to reduce dependence on imports.
IOC inks pact with Genrobotics to develop robots for cleaning internal tank
Jun 25, 2022, at 09:20 pm
Thiruvananthapuram/UNI: Indian Oil Corporation (IOC) has signed an MoU with Genrobotics, a robotics company, to develop robots for internal tank cleaning and inspection at refineries.
Indian Railways removes financial turnover requirement for contracts upto Rs 40 lakhs estimates
Jun 25, 2022, at 09:09 pm
New Delhi/IBNS: Railway Minister Ashwini Vaishnaw on Friday said the new policy of e-auctioning for Commercial earning, Non-Fare Revenue (NFR) contract has simplified the process of tendering by bringing transparency and having no human intervention.
Jun 25, 2022, at 04:35 pm
New Delhi/UNI: The prices of petrol and diesel remained steady for the 35th straight day on Saturday.
Liberty General Insurance signs deal with Peerless arm
Jun 25, 2022, at 07:25 am
Liberty General Insurance recently entered into a Corporate Agency agreement with Peerless Financial Products Distribution Ltd (PFPDL).
BIS formulates performance standards for EV batteries
Jun 25, 2022, at 07:18 am
New Delhi: Bureau of Indian Standard (BIS) has published standards for Test Specifications for Lithium-ion Traction Battery Packs and Systems (Performance Testing) for Electrically Propelled Road Vehicles.
Nitin Gadkari approves draft GSR notification to introduce Bharat NCAP
Jun 25, 2022, at 05:50 am
Union Minister for Road Transport and Highways Nitin Gadkari has approved the draft GSR notification to introduce Bharat NCAP (New Car Assessment Program), wherein automobiles in India shall be accorded Star Ratings based upon their performance in Crash Tests.
NTPC crosses the 2GW RE capacity
Jun 25, 2022, at 12:02 am
Mumbai: Leading energy utility, NTPC Group installed RE capacity crosses 2 GW with commissioning of country’s largest floating solar PV project of 92MW on the reservoir of Kayamkulam Gas Power Station, Alappuzha District, Kerala.
Jun 24, 2022, at 11:52 pm
Gurgaon: Automobile major MG Motor India on Friday installed and inaugurated the first two residential community chargers in Raj Aangan Society (NRI Colony), Jaipur (Rajasthan).
Indian Market: Sensex rallied 462.26 pts
Jun 24, 2022, at 10:05 pm
Mumbai: The BSE Sensex on Friday posted another 462.26 pts gains to close high at 52,727.98 following gains in Telecom, Auto, Utilities and Power stocks.
Gautam Adani and family pledge Rs 60,000 cr for social causes on his 60th birthday
Jun 24, 2022, at 09:06 pm
Asia's richest man and Adani Group chairman Gautam Adani and his family have pledged Rs 60,000 crore for social causes on his 60th birthday.
Indian Market: Sensex advances over 500 points
Jun 24, 2022, at 03:10 pm
Mumbai: The BSE Sensex on Friday spurted 510 points at 52,775.72 as buying was seen across the board.
Ice Theaters forays into Indian market in partnership with PVR Cinemas
Jun 24, 2022, at 04:42 am
France-based Ice Theaters has inked a deal with India's luxury cinema chain PVR Cinemas to enter the Indian market.
Omega Seiki Mobility announces new EV manufacturing unit at Pune
Jun 24, 2022, at 03:08 am
Pune: Electronic Vehicle (EV) manufacturer Omega Seiki Mobility said Thursday it would make an initial investment of Rs 40 crore (USD 5 Mn) to build a capacity of 6,000 electric three-wheelers per annum.
China faces huge capital outflows: US-based trade association
Jun 24, 2022, at 02:18 am
Washington/Beijing: According to the Washington based trade association Institute of International Finance (IIF), China recorded the largest quarterly capital outflows on record in the first quarter of 2022 due to Covid-19 induced lockdowns and depreciation of Yuan.
YES BANK appoints Nipun Kaushal as Chief Marketing Officer (CMO)
Jun 23, 2022, at 10:17 pm
Mumbai: YES Bank Thursday announced the appointment of Nipun Kaushal as its Chief Marketing Officer (CMO).
Bank of India launches term deposit of 444 days with 5.50 pc p.a. ROI
Jun 23, 2022, at 09:59 pm
Public Sector lender Bank of India launched 444 days term deposit scheme on June 23, 2022 with a rate of interest of 5.50 percent per annum.
NMS 2022: Top echelons reimagine people, technology, and work culture
Jun 23, 2022, at 05:10 pm
New Delhi/IBNS: The National Management Summit (NMS) 2022 organized by Top Rankers Management Club (TRMC), the upper echelons of the business and the academia world shared their understanding of accelerating acceptance of technology in work spaces and the major learnings in the past three years.
Jun 23, 2022, at 04:50 pm
Mumbai/UNI: The BSE Sensex Thursday rallied 520.26 pts at 52,342.79 as buying was seen across the board.
Timely govt interventions led to decline in edible oil prices, more price cuts likely: Centre
Jun 23, 2022, at 04:22 pm
New Delhi: The Indian consumers can expect to pay less for their edible oils as the wholesale prices and retail prices of vanaspati, soybean oil, sunflower oil and RBD palm olein have decreased over the week following government's intervention, the Ministry of Consumer Affairs, Food & Public Distribution said Wednesday.
Bajaj Auto launches Pulsar N 160 in India
Jun 23, 2022, at 05:35 am
Kolkata: Two-wheeler major Bajaj Auto on Wednesday launched all-new Pulsar N160 in India.
PVR goes 100 percent laser projection with Cinionic
Jun 22, 2022, at 07:56 pm
Indian film exhibition PVR Cinemas has announced an expanded preferred partnership agreement with laser cinema solutions provider Cinionic to power 500 screens with Barco Series 4 4K laser projection.
Indian market: Sensex drops by over 300 pts
Jun 22, 2022, at 03:47 pm
Mumbai: The BSE Sensex on Wednesday slipped 366.64 pts at 52,165.43 as selling was seen across the board.