Indian market: Rupee down by 11 paise against USD
Jun 21, 2019, at 05:44 pm
Mumbai, Jun 21 (UNI) The Rupee on Friday declined by 11 paise to 69.55 against the US Dollar, on renewed buying of US Dollars by bankers and exporters, dealers at Forex Market informed.
Indian market: Sensex slumps by 407.14 pts
Jun 21, 2019, at 05:01 pm
Mumbai, Jun 21 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday slumped by 407.14 points to settle at 39,194.49 on brisk selling in Auto, FMCG, Health care, IT, Teck Oil & Gas and Realty stock.
Diesel gets cheaper by 5-6 paise a litre, petrol unchanged
Jun 20, 2019, at 05:01 pm
New Delhi, Jun 20 (UNI): After three days of no change in fuel prices, Thursday witnessed a drop in diesel prices by 5-6 paise a litre while petrol rates remained unchanged.
National Company Law Tribunal to take up Jet Airways case from June 20
Jun 19, 2019, at 09:13 pm
Mumbai, June 19 (UNI): The bench of the National Company Law Tribunal (NCLT) here on Wednesday said that the hearing on the insolvency plea, filed by the the consortium of 26 bankers led by the State Bank of India (SBI),will begin from June 20.
Canara Bank to raise Rs 6,000 crore via equity share capital
Jun 19, 2019, at 05:50 pm
Mumbai, Jun 19 (UNI) Public sector lender Canara Bank has said that it would raise Equity Share Capital amounting upto Rs 6,000 crore by approved means during current financial year.
Consumer Durable major Blue Star receives Rs 253 cr order from MMRCL
Jun 19, 2019, at 05:49 pm
Mumbai, Jun 19 (UNI) Consumer Durable major Blue Star said that it has received a Letter of Intent (LOI) from Mumbai Metro Rail Corporation Limited (MMRCL).
Sensex ends on a higher note at 39,112.74 pts on firm global cues
Jun 19, 2019, at 05:48 pm
Mumbai, Jun 19 (UNI) The benchMark index of Bombay Stock Exchange (BSE) rose on Wednesday by 66.40 points to end volatile session on a positive note at 39,112.74 on back of brisk buying in Power, Realty, Metal, Consumer Durables, Utilities and FMCG stocks amidst firm cues from global peers.
RBI governor Shakti Kanta Das meets Union Finance Minister Nirmala Sitharaman
Jun 19, 2019, at 05:04 pm
New Delhi, June 19 (IBNS): Reserve Bank of India Governor Shakti Kanta Das called on Union Finance Minister Nirmala Sitharaman on Wednesday.
Mahindra announces price increase for personal range of vehicles from July 1, 2019
Jun 19, 2019, at 04:05 pm
Mumbai, June 19 (IBNS): Mahindra & Mahindra Ltd. (M&M), part of the USD 20.7 billion Mahindra Group on Wednesday announced that effective July 1, 2019, the price of its range of personal vehicles will increase by up to Rs. 36,000 across models.
Facebook set to launch 'Libra' cryptocurrency
Jun 18, 2019, at 06:10 pm
Washington, June 18 (IBNS): In a major development, social media giant Facebook on Tuesday unveiled its highly-anticipated digital currency project. It's called Libra.
Indian Rupee moves up by 10 paise against USD
Jun 18, 2019, at 05:40 pm
Mumbai, Jun 18 (UNI) The Rupee on Tuesday appreciated by 10 paise to 69.80 in early trade on selling of US Dollars by bankers and exporters, dealers at Forex Market said.
Jet Airways: Ashok, Sharad resign as independent directors
Jun 18, 2019, at 05:33 pm
New Delhi, Jun 18 (UNI) Saddled airline Jet Airways Independent Director Ashok Chawla and Sharad Sharma have resigned from their post after the Board continued to be in non-compliance with the provisions of the Companies Act.
US sanctions may cost Huawei $30 billion in next 2 years: CEO
Jun 17, 2019, at 08:02 pm
Beijing, June 17 (Sputnik): The United States' sanctions on Huawei will force the company to reduce its production capacities, which will in turn result in the tech giant's revenues dropping by approximately $30 billion over the next two years, Huawei CEO Ren Zhengfei said on Monday.
Tata Motors to supply 25 Tigor EVs to Janani Tours in Bengaluru
Jun 17, 2019, at 05:39 pm
Bengaluru, June 17 (IBNS): Automobile major Tata Motors on Monday announced the next milestone on its journey of driving electrification, through its partnership with Janani Tours, to deploy 25 Tigor Electric Vehicles (EVs) in Bengaluru.
Federal Bank deploys IT major TCS’ Digital CASA platform
Jun 17, 2019, at 05:29 pm
New Delhi, Jun 17 (UNI) Global IT services Tata Consultancy Services and Federal Bank announced the deployment of TCS’ Digital CASA Account Opening and KYC Services Platform, resulting in improved customer experience.
Indian market: Sensex slumps by 491.28 pts
Jun 17, 2019, at 05:09 pm
Mumbai, Jun 17 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Monday tanked by 491.28 points to settle at 38,960.79 after India slapped higher tariffs on certain US products in retaliation to Washington’s decision to remove certain trade privileges for New Delhi.
BHEL grabs Rs 800 cr EPC orders for 200 MW Solar Power Plants
Jun 17, 2019, at 05:03 pm
Mumbai, Jun 17(UNI): Bharat Heavy Electricals Limited's (BHEL) Solar Photovoltaic (SPV) portfolio has surpassed 1 GW with the company winning two EPC orders for setting up SPV plants with a cumulative capacity of 200 MW.
Tata Steel moves down by 5.66 pc to Rs 473.05
Jun 17, 2019, at 04:59 pm
Mumbai, Jun 17 (UNI) Tata Steel on Monday slid by 5.66 per cent to Rs 473.05 to be the top losers in the 30-share Sensex pack at the Bombay Stock Exchange (BSE).
Microsoft adds smart Phonetic Indic keyboards in 10 Indian languages for Windows 10
Jun 17, 2019, at 04:35 pm
Kolkata, June 17 (IBNS): As part of its efforts to personalize technology and make it accessible for everyone, Microsoft has announced the release of smart Phonetic keyboards for 10 Indian languages in its May 2019 update (19H1) for Windows 10.
Tata Motors strengthens brand Tigor with Automatic (AMT) variants
Jun 17, 2019, at 03:37 pm
Mumbai, June 17 (IBNS): Automobile major Tata Motors on Monday announced the introduction of two new Automatic (AMT) variants to its Tigor range - the XMA and the XZA+.
Bharti AXA General grows faster than industry at 29% to post full-year profits in FY19
Jun 17, 2019, at 02:07 pm
New Delhi, June 17 (IBNS): Leading private non-life insurer Bharti AXA General Insurance on Monday said the company has registered its maiden full-year profitability in the financial year 2018-19 with a robust 29 per cent growth ahead of the industry growth rate.
India increases tariffs on 28 US products on Sunday
Jun 16, 2019, at 08:29 pm
New Delhi, June 16 (UNI) Higher duties on 28 American products, including almonds, apples and walnuts, came into force on Sunday as a retaliatory measure to the Trump administration's refusal to exempt India from higher steel and aluminum tariffs.
India's digital payments projected to more than double to USD 135 billion in 4 years: Study
Jun 16, 2019, at 09:57 am
Kolkata, Jun 16 (UNI) Turbo-charging expansion in the financial technology (FinTech), India's digital payments transaction value is projected to more than double to USD 135.2 billion in 2023 from USD 64.8 billion this year, according to an ASSOCHAM-PWC India study.
Dutch trade delegation is interested in helping to set up port facilities in West Bengal
Jun 15, 2019, at 03:39 pm
Kolkata, June 15 (IBNS): Kolkata-based the Bengal Chamber of Commerce and Industries (Bengal Chamber) recently organised an interactive session between its members and a Dutch delegation in the presence of Marten Van Den Berg, Ambassador of Netherlands in India.
Fuel prices fall by Rs 16 to 17 p/l for second consecutive day on Friday
Jun 14, 2019, at 05:03 pm
New Delhi, Jun 14 (UNI) Fuel prices fell on Friday for the second consecutive day, as petrol slipped by 17 paise per litre and diesel by 16 p/l, across major cities of the country.
FM Nirmala Sitharaman holds Pre-Budget consultation with representatives of social sector
Jun 14, 2019, at 04:50 pm
New Delhi, June 14 (IBNS); Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman held her Fifth Pre-Budget Consultation Meeting with the stakeholders from Social Sector Groups here today.
WPI inflation at nearly two-year low at 2.45 percent in May
Jun 14, 2019, at 04:12 pm
New Delhi, June 14 (IBNS): In a major development, the wholesale inflation touched a 22-month low figure of 2.45 per cent in May, official data released on Friday said.
Narendra-Modi led reduces ESI contribution to 4 percent for industrial workers
Jun 14, 2019, at 11:37 am
New Delhi, June 14 (IBNS): The Government of India on Thursday took a crucial decision to reduce the rate of contribution under the ESI Act from 6.5 percent to 4 percent (employers’ contribution being reduced from 4.75 percent to 3.25 percent and employees’ contribution being reduced from 1.75 percent to 0.75 percent).
Jun 13, 2019, at 05:23 pm
New Delhi, Jun 13 (UNI): Union Finance Minister Nirmala Sitharaman held her third Pre-Budget Consultation Meeting with the stakeholders from Financial Sector and Capital Markets here on Thursday and the main areas of discussion included issues relating to the Capital Markets, Financial Sector, Non-Banking Financial Companies (NBFCs) and Alternative Investment Funds (AIFs) .
Jun 13, 2019, at 12:10 pm
Tashkent, June 13 (IBNS) The Namangan city in Uzbekistan concluded the International Investment Forum “Doing business with Namangan” organized by the Ministry of Foreign Affairs of Uzbekistan and Khokimiyat of Namangan region along with other affiliated ministries and agencies.