NSE Scam: CBI to investigate role of SEBI officials in 2016-19
Mar 18, 2022, at 10:19 pm
Mumbai: The Central Bureau of Investigation (CBI) is investigating the role of the officials of market regulator SEBI who served during 2016-19 when alleged governance lapses and a series of irregularities in the NSE occurred, media reports said.
State Bank of India: Ecowrap - SRS report throws light on multiple facets of India's demography
Mar 18, 2022, at 05:34 am
The government has released the Sample Registration System (SRS) survey which is the largest demographic survey in the country mandated to provide annual estimates of fertility as well as mortality indicators at the State and National level.
JSW Energy Ltd completes reorganisation of thermal and renewable business
Mar 18, 2022, at 04:43 am
Mumbai: JSW Energy Limited has completed the reorganisation of its company’s green (renewable) business and grey (thermal) business, the company said in regulatory filing.
Shark Tank India: Bengali lifestyle entrepreneur Aishwarya Biswas bags Rs 75 lakhs financing
Mar 18, 2022, at 01:21 am
Kolkata/IBNS: Aishwarya Biswas's Auli Lifestyle Consultancy became the first female-led business venture from Kolkata to be funded on Shark Tank India, according to a release by her publicists.
Shark Tank India: Bengali lifestyle entrepreneur Aishwarya Biswas bags Rs 75 lakhs financing
Mar 17, 2022, at 11:11 pm
Kolkata/IBNS: Aishwarya Biswas's Auli Lifestyle Consultancy became the first female-led business venture from Kolkata to be funded on Shark Tank India, according to a release by her publicists.
GRSE inks strategic MoU with Border Roads Organisation
Mar 17, 2022, at 07:11 pm
Kolkata/IBNS: Facilitating roadway infrastructure development in difficult terrains of India, Garden Reach Shipbuilders and Engineers Ltd., (GRSE), a Mini Ratna Category 1 Defence PSU and a warship building company of India, has signed a MoU with Border Roads Organisation (BRO).
JSW Cement signs MoU with PRESPL to convert agri-waste into biomass energy
Mar 17, 2022, at 05:01 am
JSW Cement has signed a Memorandum of Understanding (MOU) with Punjab Renewable Energy Systems Pvt. Ltd (PRESPL) to use agricultural waste as biomass energy in its cement-manufacturing operations, according to an official statement.
HDFC Bank adds 21,000 people in the current financial year
Mar 17, 2022, at 04:35 am
Mumbai/IBNS: HDFC Bank reported an increase of 21,503 permanent employees in the current financial year, an over 90 percent increase over the previous year.
Apple, Google set deadline for employees to resume work in offices: Reports
Mar 17, 2022, at 04:05 am
With the decline in Covid-19 cases across the world, a large number of finance and tech giants like Apple and Alphabet Inc's Google have announced dates for employees to return to their offices, media reports said.
Zivame appoints Rishu Garg as Chief People Officer
Mar 17, 2022, at 01:58 am
Bangalore/IBNS: Lingerie retailer Zivame Wednesday announced the appointment of Rishu Garg as the Chief People Officer.
Ola Electric inducts former LG Chem Power CEO Prabhakar Patil onto its Board
Mar 17, 2022, at 12:25 am
Bengaluru, India: Ola Electric, India’s leading manufacturer of EVs, on Wednesday inducted onto its Board Dr. Prabhakar Patil, former Chief Executive Officer of LG Chem Power.
Ultracemco up 4.69 pc to Rs 6303.55
Mar 16, 2022, at 10:44 pm
Mumbai: Ultracemco on Wednesday rallied by 4.69 pc to close at Rs 6303.55, a major gainer in the 30 scrips of Bombay Stock Exchange(BSE).
Indian Market: Sensex jumps 1039.80 pts
Mar 16, 2022, at 10:42 pm
New Delhi: The BSE Sensex on Wednesday bounced back 1039.80 pts to close at 56,816.65 on positive Asian market trends.
Flipkart Axis Bank Credit Card surpasses 2 million users
Mar 16, 2022, at 09:39 pm
Flipkart, India’s homegrown e-commerce marketplace and Axis Bank, India’s third largest private sector bank, today announced that their co-branded credit card ‘Flipkart Axis Bank Credit Card’ has crossed the two million Cards in Force (CIF) milestone.
Mar 16, 2022, at 09:00 pm
iPhone supplier Foxconn has halted production at its China headquarters and Shenzhen sites following COVID-19 lockdown in the region imposed and consequent closure of all non-essential businesses till March 20, media reports said.
CCI approves acquisition of Micro Life Sciences by South Elm Investments B.V.
Mar 16, 2022, at 06:34 pm
The Competition Commission of India (CCI) approves the acquisition of Micro Life Sciences Private Limited by South Elm Investments B.V, an official release said.
CCI approves acquisition of equity stake in Future Generali by Generali Participations Netherlands
Mar 16, 2022, at 05:35 pm
India's the anti-trust watchdog Competition Commission of India (CCI) has approved the acquisition of equity stake in Future Generali India Insurance Company Limited by Generali Participations Netherlands N.V., an official release said.
Mar 16, 2022, at 03:47 pm
New Delhi: Jindal Stainless (Hisar) Limited (JSHL) has been awarded the National Safety Award 2018 for its excellent performance in industrial safety in the ‘manufacturing of basic metal and fabricated metal (except machinery and equipment)’ category by the Ministry of Labour and Employment, Government of India.
PNB reports Rs 2,060 cr fraud in NPA account of ITPCL
Mar 16, 2022, at 07:26 am
Punjab National Bank (PNB) Tuesday reported a fraud of Rs 2,060 crore in the NPA account of IL&FS Tamil Nadu Power Company Limited (ITPCL).
Zomato to lend $150 million loan to cash-strapped Blinkit
Mar 16, 2022, at 06:28 am
Zomato is going to infuse $150 million in debt to rescue quick commerce startup Blinkit, the company said in a stock filing on March 15.
Tata Motors to invest Rs 15,000 cr in EV in 5 years: Report
Mar 16, 2022, at 04:21 am
Tata Motors is looking to expand in the EV segment with an investment of Rs 15,000 crore in the next five years, media reports said citing top company officials.
Poultry industry revenue to grow: ICRA
Mar 16, 2022, at 01:13 am
New Delhi/UNI: The revenue of the Indian poultry industry is expected to grow at 5-6 per cent in financial year 2022, compared to 2-3 per cent growth witnessed by ICRA's sample set of 10 large poultry integrators in FY 2021, the rating agency said on Tuesday.
RBI working on phased implementation of digital currency: Minister
Mar 16, 2022, at 12:12 am
New Delhi/UNI: The Reserve Bank of India (RBI) is currently working towards a phased implementation strategy for introduction of Central Bank Digital Currency (CBDC), Minister of State for Finance Pankaj Chaudhary said on Tuesday.
Indian Rupee falls 5 paise against USD
Mar 15, 2022, at 11:02 pm
Mumbai: The Rupee on Tuesday declined five paise to close at 76.61 on rising demand for the US Dollar by bankers and importers, dealers at the Foreign Exchange said.
EV makers should lower costs: Goyal
Mar 15, 2022, at 10:26 pm
Mumbai/UNI: Union Minister for Commerce and Industry Piyush Goyal on Tuesday said that electric vehicle manufacturers in India will have to leverage low-cost manufacturing and try to grab a dominant share of the global EV market.
Tata Steel slips down by 4.89 pc to Rs 1233.65
Mar 15, 2022, at 10:15 pm
Mumbai: Tata Steel on Tuesday slipped 4.89 per cent to Rs 1233.65, a major loser in 30 scrips of the BSE. Other losers were Kotak Bank by 3.05 pc to Rs 1734.40, Tech Mahindra by 2.92 pc to Rs 1459.05, Infosys by 2.73 pc to Rs 1839.15 and Reliance Industries by 2.28 pc to Rs 2363.45.
Indian Market: Sensex plunges 709.17 points
Mar 15, 2022, at 10:13 pm
Mumbai: The BSE Sensex on Tuesday dropped 709.17 points to settle at 55,776.85 due to weak global cues.
Auto PLI gets investment proposals worth Rs 75K crore, exceeds govt expectations
Mar 15, 2022, at 09:32 pm
New Delhi/UNI: The production linked incentive (PLI) scheme for auto & auto components has attracted investment proposals of Rs 74,850 crore against the target estimate of Rs 42,500 crore over a period of five years.
Toyota Kirloskar Motor launches The Cool New Toyota Glanza
Mar 15, 2022, at 08:53 pm
Kolkata/IBNS: Toyota Kirloskar Motor (TKM) on Tuesday announced the launch of its most exciting and much-awaited offering in the hatchback segment, The Cool New Glanza.
Govt seeks parliament's nod for Rs 1.58 lakh crore additional spend in FY22
Mar 15, 2022, at 08:45 pm
New Delhi/UNI: The government has sought parliament's approval for additional spending to the tune of Rs 1.58 lakh crore in its third and final supplementary demand for the financial year 2021-22.