Sensex falls by over 200 points
Jul 11, 2022, at 04:58 pm
Mumbai/UNI: The BSE Sensex Monday slipped 234.79 points at 54,247.05 as selling was seen in IT, Telecom and Technology stocks.
Adani Group to join race for 5G Spectrum with Jio, Airtel
Jul 10, 2022, at 03:23 am
Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.
Centre directs edible oil associations to reduce prices by Rs 15 per litre
Jul 09, 2022, at 07:55 pm
New Delhi/UNI: The Centre has directed leading edible oil associations to reduce prices by Rs 15 per litre with immediate effect, an official statement said on Friday.
Twitter to sue Elon Musk over termination of takeover bid
Jul 09, 2022, at 07:39 pm
Washington/UNI: Twitter will seek legal action against Tesla CEO Elon Musk to force him to continue the merger agreement, said Bret Taylor, Twitter's board chair, Saturday.
Levi Strauss & Co net revenue up 15 pc at USD 1.5 billion in Q2
Jul 08, 2022, at 11:11 pm
New Delhi/UNI: Driven by growth across all its business segments, American clothing major Levi Strauss & Co on Friday reported 15 percent year-on-year increase in net revenues to $1.5 billion in Q2 FY22.
Direct vs regular mutual fund - Which is better?
Jul 08, 2022, at 05:56 pm
Mutual funds are one of the easiest ways for an investor to get their hands on some top-performing securities without the hassle of picking each and every stock or having to constantly monitor them. What allows mutual funds in India to do so is their flexibility and diversification. But this flexibility and diversification don’t end with the number of choices available only. Rather, there are options for you to choose from regarding how you can invest in them too. Direct and regular mutual funds are two options you can choose here. Let’s learn more about them and see which one is better for you.
RazorPay, Pine Labs among others to get RBI's nod for payment aggregator licence: Report
Jul 08, 2022, at 05:14 pm
Mumbai: The Reserve Bank of India (RBI) has given in-principle nod to RazorPay and Pine Labs among other payment gateways and fintech companies who had applied for payment aggregator licence.
Jul 07, 2022, at 07:38 pm
Mumbai/UNI: The Rupee on Thursday rallied 32 paise at 78.98 against the USD in opening trade on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Annapurna Swadisht forays into the D2C segment with Olonkar
Jul 07, 2022, at 04:46 am
Kolkata: City-headquartered Annapurna Swadisht, one of the fastest-growing quality packaged snacks, food and beverage companies, today announced its foray into the Direct-to-customer (D2C) segment with the Olonkarrange of products.
Reliance Retail to bring Gap products in India; signs long-term franchise pact
Jul 07, 2022, at 04:20 am
Mumbai: Reliance Retail Ltd has inked a long-term franchise agreement with American fashion brand gap Inc to sell its products to India, the company said on Thursday.
Hindustan Power Exchange commences operations
Jul 07, 2022, at 02:03 am
Mumbai: Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, today commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission.
SBI renews MoU with Indian Air Force for Defence Salary Package
Jul 07, 2022, at 01:32 am
Mumbai: India's largest public-sector lender, State Bank of India (SBI) has renewed the Memorandum of Understanding (MoU) with the Indian Air Force, to offer a specially curated bouquet of benefits and features to all the serving and retired Air Force Personnel and their families through its unique Defence Salary Package (DSP) Scheme.
Jul 06, 2022, at 05:15 pm
New Delhi/UNI: The prices of domestic cooking gas cylinders were hiked by Rs 50 across the country from Wednesday.
Jul 06, 2022, at 04:16 pm
New Delhi/UNI: The prices of petrol and diesel remained steady for the 46th straight day Wednesday.
Jul 06, 2022, at 05:59 am
New Delhi: India's toy imports have reduced by 70 percent in the last three years while the exports have jumped by 61.38 percent over the same period.
Zyla Health raises fresh $ 1 million funds in pre- Series A round led by Seeders, angel investors
Jul 06, 2022, at 05:54 am
Personalized care management platform Zyla Health has raised $ 1 million in fresh funding as part of its pre-series A round, to accelerate its growth.
IDBI Bank’s Gold Loan Book crosses Rs 10,000 cr mark
Jul 06, 2022, at 05:45 am
IDBI Bank’s Gold Loan Book has crossed the Rs 10,000 crore landmark.
GRSE and Bengal govt ink pact for construction of Next Generation Electric Ferry
Jul 06, 2022, at 05:38 am
Kolkata: Garden Reach Shipbuilders and Engineers Ltd (GRSE) has signed a contract with the West Bengal government for the design and construction of environment-friendly Next-Generation Electric Ferry.
NTPC Coal mining output jumps 61 pc YoY to 42.40 lakh MT Q1FY23
Jul 06, 2022, at 02:53 am
Mumbai: State-owned power giant NTPC Tuesday said its coal output jumped 61 percent in the first quarter of FY23 at 42.40 lakh Metric Ton (MT) against 26.40 lakh MT produced in the same period last year.
After Xiaomi, ED raids multiple locations of Chinese phone maker Vivo over money laundering
Jul 05, 2022, at 10:25 pm
The Enforcement Directorate (ED) is raiding multiple offices of Chinese mobile phone manufacturer Vivo and its sister concerns across India over a money laundering case, media reports said.
Sri Lanka: Tea industry faces multiple setbacks, may shut down
Jul 05, 2022, at 09:29 pm
Colombo/UNI: Worsening fuel crisis and other shocks are threatening to close down Sri Lanka's famous tea industry, putting much needed foreign exchange earnings at further risk.
India's services PMI on 11-year-high at 59.2 in June
Jul 05, 2022, at 07:29 pm
New Delhi/UNI: India's services PMI (purchasing managers' index) accelerated to over an 11-year-high at 59.2 in June from 58.9 in May on the back of sharp rise in new business and output, according to S&P Global survey released on Tuesday.
Jul 05, 2022, at 05:05 pm
New Delhi/UNI: The prices of petrol and diesel remained steady for the 45th straight day on Tuesday.
India in better position than most other countries: Sanjiv Goenka on economic situation
Jul 05, 2022, at 12:59 am
Kolkata/IBNS: Founder and Chairperson of RPSG Group Sanjiv Goenka said India is in a better place than most nations during the current conflict between Russia and Ukraine.
Volvo announces launch date of XC40 Recharge
Jul 05, 2022, at 12:47 am
Kolkata/IBNS: Volvo on Monday announced that it will launch XC40 Recharge on July 26, deliveries can be expected by the later part of Oct. this year.
India Yamaha Motors introduces silver coloured Fascino 125 Fi
Jul 05, 2022, at 12:38 am
Chennai/UNI: India Yamaha Motor (IYM) Pvt. Ltd. on Monday introduced its Fascino 125 Fi Hybrid in an all new silver colour.
Jul 03, 2022, at 06:04 am
New Delhi: The Union Home Ministry has amended some rules under the Foreign Contribution (Regulation) Act (FCRA), allowing Indians to receive money up to Rs 10 lakh in a year from relatives living abroad without informing the authorities.
India-EU conclude 1st round of negotiations over trade, investment
Jul 03, 2022, at 04:30 am
New Delhi/IBNS: India and the European Union concluded the first round of negotiations for India-EU Trade and Investment Agreements, including the Geographical Indicators (GI), in New Delhi last evening.
NTPC REL inks MoU with Rajasthan govt to develop 10 GW renewable energy project
Jul 03, 2022, at 02:10 am
Mumbai: NTPC Renewable Energy Limited (NTPC REL), a wholly-owned subsidiary of NTPC, has signed a Memorandum of Understanding (MoU) with the Rajasthan government for the development of a 10 GW Ultra Mega Renewable Energy Power Park in Rajasthan.
Mukesh Ambani ventures into F&B retail, brings London-based sandwich outlet Pret A Manger to India
Jul 02, 2022, at 07:34 pm
Mumbai/IBNS: Reliance Brands Ltd (RBL) has entered into a strategic partnership with Pret A Manger, a British sandwich and coffee chain, to launch and establish the brand in one of the biggest retail markets India.