Reliance Industries net profit dips by 7 pc to Rs 2273 crore in Q1FY22
Jul 24, 2021, at 03:48 am
Mumbai/IBNS: Oil -to-telecom conglomerate Reliance Industries reported a net profit of Rs 12,283 crore for quarter ended June 30, 2021, registering a decline of 7.25 per cent from the same quarter last year owing to increased expenses.
Tata Motors simultaneously inaugurates 8 new showrooms in Ahmedabad
Jul 24, 2021, at 12:08 am
Ahmedabad: In line with its retail acceleration strategy, Tata Motors, India’s leading automobile company, on Friday inaugurated 8 strategically located showrooms in and around the vibrant market of Ahmedabad.
ICICI Bank moves up 3.18 pc to Rs 676.65
Jul 23, 2021, at 11:41 pm
Mumbai/UNI: Shares of ICICI Bank on Friday surged by 3.18 per cent to Rs 676.65, making it a major gainer in 30 scrips of BSE.
Indian Market: Sensex advances 138.59 points
Jul 23, 2021, at 11:36 pm
Mumbai/UNI: The BSE Sensex on Friday gained further by 138.59 points to close at 52,975.80 on the strength of Realty, Bankex, Finance and FMCG stocks.
IT services provider Vee Technologies’ new delivery centre in Philippines
Jul 23, 2021, at 10:38 pm
Bengaluru: New York-Bengaluru co-headquartered IT services provider Vee Technologies has announced the opening of a new delivery centre in the Philippines to expand its global footprint.
Byju's acquires US-based reading platform EPIC
Jul 23, 2021, at 05:04 am
Bengluru/IBNS: Byju’s has acquired US-based reading platform Epic in a $500 million cash-and-stock deal, as it continues to shop for large edtechs to foray beyond the Indian market and across categories.
Rupee improves by 15 paise against USD
Jul 23, 2021, at 03:05 am
Mumbai/UNI: The Rupee on Thursday advanced by 15 paise to close positive at 74.46 against the USD on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Sensex jumps 638.70 pts riding on metal, telecom, tech stocks
Jul 23, 2021, at 03:01 am
Mumbai/UNI: Snapping a losing streak of last three sessions, the Bombay Stock Exchange Sensex on Thursday rallied 638.70 pts to close at 52,837.21 on the strength of metal, telecom, capital goods and technology stocks.
Jul 23, 2021, at 02:57 am
Jamshedpur/IBNS: Financial Market Centre (FMC) of XLRI hosted a webinar on “Structural Changes in the Banking Sector in the light of macroeconomic developments” on July 21, 2021.
Lava International Ltd unveils all-new Z2s smartphone
Jul 23, 2021, at 02:53 am
Kolkata/UNI: Lava International Ltd, an Indian multinational electronics company, Thursday unveiled its new Z2s smartphone for entertainment seekers as its target audience.
Why Just Transition is important for India’s coal phasedown
Jul 22, 2021, at 11:42 pm
New Delhi/IBNS: While climate change and its ill-effects make it imperative that India needs to shift from coal-based power to renewable energy, concerns linger over the fate of the workers who work in these coal mines and allied industries.
Difference Between Current Account and Savings Account
Jul 22, 2021, at 03:07 am
How to Organize a Small Business Financial Audit
Jul 22, 2021, at 02:55 am
Auditing your own business is one of the most effective ways to ensure that you remain on solid financial footing for years to come. Of course, reviewing all of your small business financial statements can be a difficult and time-consuming task. And making mistakes during a financial review could lead you to commit to strategies that may not deliver the results you expect. As such, today we’ll outline how small business leaders can organize a financial audit successfully. Check it out here:
Vodafone eSIM is now available in Tamil Nadu
Jul 22, 2021, at 12:26 am
Chennai/UNI: Leading telecom operator Vodafone India (Vi) Wednesday announced the availability of eSIM for its postpaid customers.
Airtel and Intel announce collaboration to accelerate 5G in India
Jul 21, 2021, at 11:14 pm
Kolkata/IBNS: India's second largest wireless carrier Airtel Wednesday announced a collaboration with Intel for 5G network development by leveraging vRAN / O-RAN technologies.
U GRO Capital launches ‘Pratham’ in partnership with Bank of Baroda
Jul 21, 2021, at 11:08 pm
New Delhi: U GRO Capital, a BSE listed, technology enabled small business NBFC, on Wednesday announced the launch of a co-lending partnership for micro, small and medium enterprises (MSME) with Bank of Baroda, one of the largest banks in India.
Glenmark Life Sciences Limited initial public offer to open on July 27
Jul 21, 2021, at 11:04 pm
Kolkata: Glenmark Life Sciences Limited, a manufacturer of active pharmaceutical ingredients, plans to open its Initial Public Offering (“Offer”) on July 27, 2021.
Kotak Mahindra Bank signs MoU with the Indian Navy for salary account
Jul 21, 2021, at 12:45 am
Kolkata/IBNS: Kotak Mahindra Bank (KMBL), a financial services conglomerate, and the Indian Navy announced Tuesday that they have signed a Memorandum of Understanding (MoU) enabling KMBL to offer its salary account proposition to all personnel of the Indian Navy – both serving and retired.
UDAN may face headwind due to the second wave of COVID-19: ICRA
Jul 20, 2021, at 11:13 pm
New Delhi/UNI: UDAN (Ude Desh ka Aam Naagrik) scheme of Ministry of Civil Aviation (MoCA) may face headwind owing to financial stress on airline operators inflated by the second wave of COVID-19, private rating agency ICRA said in a statement Tuesday.
Atul Auto partners with CSC Grameen eStore
Jul 20, 2021, at 11:12 pm
Ahmedabad: Atul Auto Ltd, is the first amongst leading 3 wheeler OEMs to partner with CSC Grameen eStore, an e-commerce initiative by CSC eGovernance Services India Ltd to promote digital ordering and delivery in rural areas.
IndusInd Bank moves down by 3.40 pc to Rs 981.30
Jul 20, 2021, at 10:49 pm
Mumbai/UNI: IndusInd Bank on Tuesday slipped by 3.40 pc to Rs 981.30 a major loser in 30 scrips of BSE.
MG Motor India enhances flexibility of purchase of MG Shield Protect Plan
Jul 20, 2021, at 10:33 pm
Gurugram: On completing two years in India, MG Motor India on Tuesday announced that MG Hector customers now have up to one year to enrol into the protect plan under the MG Shield programme, compared to 30 days previously.
Indian Market: Sensex falls 354.89 pts
Jul 20, 2021, at 10:23 pm
Mumbai/UNI: BSE Sensex on Tuesday slid 354.89 pts to settle at 52,198.51 as selling pressure was seen in Realty, Metal, Telecom and Bankex stocks.
NTPC wins auction of 450 MW of Solar projects in Madhya Pradesh
Jul 20, 2021, at 10:20 pm
New Delhi: NTPC Renewable Energy ltd (NTPC REL),a subsidiary of NTPC, has emerged winner at the Rewa Ultra Mega Solar Limited (RUMSL) auction for a 450 MW of solar projects at the Shajapur Solar Park in Madhya Pradesh (M.P).
Jul 19, 2021, at 11:37 pm
Bhubaneswar: Tata Steel Mining Limited (TSML) and Jindal Stainless Limited (JSL) signed a MoU on July 16, 2021 to jointly unearth the Chrome Ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha.
Indian Market: Sensex down 586.66 points
Jul 19, 2021, at 11:34 pm
Mumbai/UNI: The BSE Sensex on Monday dropped 586.66 points to settle at 52,553.40 on weak global cues.
HDFC Bank moves down 3.34 pc to Rs 1470.95
Jul 19, 2021, at 11:33 pm
Mumbai/UNI: HDFC Bank on Monday slipped by 3.34 pc to Rs 1470.95 a major loser in 30 scrips of BSE.
Indian Rupee drops 31 paise against USD
Jul 19, 2021, at 11:30 pm
Mumbai/UNI: The Rupee on Monday slid by 31 paise to close at 74.87 against the USD on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Despite pandemic, JK Bank records improved performance in FY 2021: Chibber
Jul 19, 2021, at 02:31 am
Srinagar: The chairman and managing director of the Jammu and Kashmir Bank, RK Chibber said despite pandemic and all odds, the bank has been able to record a significantly improved performance in the current financial year including highest ever quarterly profit of Rs 315.75 crore over the last 7 years and restricting slippages for the year to bestow Rs 1000 crore.
HDFC Bank's Q1FY22 net profit jumps by 16.1 pc to Rs 7,729.6 cr, NII grows by 8.6 pc
Jul 18, 2021, at 12:10 am
Mumbai/IBNS: India's largest private sector lender HDFC Bank reported a net profit of Rs 7,729.6 crore on a standalone basis, an increase of 16.1 per cent (year-on-year) over the quarter ended June 30, 2020.