RBI issues rules for outsourcing of payment, settlement activity by PSOs
Mumbai/IBNS: The Reserve Bank of India has framed minimum standards to manage the risk in outsourcing of payment and settlement-related activities by non-bank payment system providers PSOs.
Hiring rate in India grows 42 per cent in June against 2019 pre-pandemic levels: Report
Bengaluru/IBNS: Hiring in India is gradually picking up and the recruitment rate in June was 42 per cent higher than the pre-pandemic levels in 2019, according to a report by LinkedIn India.
Bharti Airtel Q1FY22 result: Net profit at Rs 284 cr, ARPU at Rs 146
Mumbai/IBNS: Bharti Airtel said it has recorded a 62 per cent quarter-on-quarter decline in profit at Rs 284 crore in the quarter ended June 30, 2021 compared to Rs 759 crore registered during the fourth quarter of FY21.
Indian Rupee moves up 6 paise against USD
Mumbai/UNI: The Rupee on Tuesday advanced by six paise to close at 74.28 against the USD on selling of US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex ends at record closing high of 53,823.36 points
Mumbai/UNI: The BSE Sensex on Tuesday closed all time high at 53,823.36, surging 872.73 points following gains in Telecom, FMCG, Auto and Bankex stocks.
Kumar Mangalam Birla offered govt to take over his stake in Vodafone Idea Ltd (VIL): Report
Mumbai/IBNS: Aditya Birla group Chairman Kumar Mangalam Birla has offered to handover his stake in cash-strapped Vodafone Idea Ltd (VIL) to the Centre or any other entity that the government thinks capable of keeping the company operational, according to media reports.
Indian Rupeemoves up by 4 paise against USD
Mumbai/UNI: The Rupee on Tuesday moved up by four paise at 74.30 in the early trade owing to selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex opened in record high
Mumbai/UNI: The BSE Sensex on Tuesday opened on a new peak at 53,125.97, advancing by 175 pts as buying was witnessed across the board.
PNB Q1FY22: Net profit jumps 232 pc to Rs 1,023 cr, NII zooms to Rs 7,227 cr
New Delhi/IBNS: Punjab National Bank reported a net profit of Rs 1,023 crore during Q1FY22, up 232.1 per cent from Rs 308 crore in Q1FY21.
Rise in exports of engineering goods would generate more jobs: EEPC India
New Delhi/IBNS: Continuing the uptrend, engineering goods exports have posted 42.14% growth in July, 2021 over the same period a year ago. The high growth in engineering goods augurs well for the economy as the sector is labour-intensive and one of the key foreign exchange (Forex) earners, said EEPC India Chairman Mahesh Desai.
TVS Motor Company July 2021 sale spikes by 10 pc to 278,855 units
Mumbai/UNI: Auto major, TVS Motor Companyhaes reported a rises of 10 pc in its July 2021 sales at 278,855 units as against sales of 252,744 units in the month of July 2020.
Mahindra Auto July 2021 passenger vehicle sale moves up by 91 pc
Mumbai/UNI: Auto major, Mahindra & Mahindra has reported a Jump of 91 per cent in passenger Vehicle sale for the month of July 2021 at 21046 units as against 11025 vehicles sold in July 2020.
Bajaj Auto July 2021 sales spikes by 44 pc
Mumbai/UNI: Bajaj Auto has reported total sales of 369,116 units in July 2021 as against 255,832 units in July 2020, registering a growth of 44 pc.
Indian Rupee recovers seven paise against USD
Mumbai/UNI: The Rupee on Monday gained seven paise to close at 74.34 against the USD on selling of US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex advances 363.79 pts
Mumbai/UNI: The BSE Sensex on Monday rallied 363.79 pts to close at 52,950.63 pts on the strength of Realty, Consumer Durable, Oil and Gas, Auto and Industrials stocks amid positive global cues.