Canara Robeco Mutual Fund sees substantial AUM growth in the last 5 years: AMFI
Jun 23, 2023, at 02:03 pm
Kolkata: Canara Robeco Mutual Fund, the second oldest fund house in India, has seen its assets under management zooming by 400% in the last five years, reaching Rs 62,544 crore as on 31st March, 2023 from Rs 12,532 crore on 31st March, 2018 as per the data published by AMFI.
Jun 23, 2023, at 01:50 pm
New Delhi: Steel minister Jyotiraditya Scindia will virtually inaugurate silica reduction plant at Steel Authority of India Ltd's (SAIL) Bhilai Steel Plant's Dalli Mines on Friday.
Govt sets BIS standard for disposable tableware made of agri by-products
Jun 23, 2023, at 01:33 pm
New Delhi: The Bureau of Indian Standards (BIS) has published standard for utensils made of agri by-products aimed to provide comprehensive guidelines to manufacturers and consumers, ensuring uniformity in quality requirements across the country.
Steep rally in carbon prices and CBAM compliance in EU could curtail profits of Indian steel makers
Jun 23, 2023, at 12:50 pm
New Delhi: In the wake of the European Union’s (EU) latest framework for the imposition of taxes on embedded carbon imports, Indian steel mills are at the risk of lower profits and a loss of market share in Europe, according to ratings agency ICRA.
SBI Mutual Fund positive on debt funds in FY24
Jun 23, 2023, at 03:38 am
Mumbai: Fixed income continues to remain an important avenue for wealth creation and asset allocation during this year, as per Periscope, SBI Funds Management's outlook for the fixed income market in FY24
India's newest airline Akasa Air orders four more jets
Jun 22, 2023, at 06:45 am
Mumbai: Akasa Air, India's newest airline, has confirmed an order for four additional Boeing 737-8 jets, as announced during the Paris Air Show, media reports said.
Jun 22, 2023, at 06:25 am
The Federal Trade Commission (FTC) has slapped legal charges on Amazon.com Inc, alleging that the company enrolled millions of consumers into its paid subscription service, Amazon Prime, without their consent and made it difficult for them to cancel, Reuters reported.
SpiceJet reaches settlement agreement with aircraft lessor Nordic Aviation Capital
Jun 22, 2023, at 06:09 am
Mumbai: SpiceJet has reached a settlement agreement with Nordic Aviation Capital (NAC), a prominent lessor of its Q400 aircraft, ANI reported.
YouTube's first-ever shopping channel to hit the South Korean market: Report
Jun 22, 2023, at 05:59 am
Seoul: YouTube is set to launch its first-ever shopping channel for live commerce in South Korea on June 30, Reuters reported citing Yonhap news agency.
Jun 22, 2023, at 05:45 am
Mumbai: Reliance Industries Ltd, led by billionaire Mukesh Ambani, holds the top spot as the most valuable private company in India, with a staggering value of Rs 16.4 lakh crore, as per Hurun India's 2022 Burgundy Private Hurun India 500 list.
Jun 22, 2023, at 05:00 am
New Delhi: Telecom Regulatory Authority of India (TRAI) has issued recommendations on the licensing framework and regulatory mechanism for submarine cable landing in India.
DSP Mutual Fund launches DSP Nifty IT ETF
Jun 21, 2023, at 10:48 pm
Kolkata: DSP Mutual Fund on Thursday announced the launch of DSP Nifty IT ETF, an open-ended exchange traded fund (ETF) replicating/tracking the Nifty IT index.
Ideaforge IPO to raise Rs 567 cr
Jun 21, 2023, at 10:42 pm
Mumbai: Drone manufacture ideaForge's initial public offer (IPO) will open for subscription next week on 26 June (Monday) to raise capital of Rs 567 crore.
Indian market: Sensex gains 195.45 pts
Jun 21, 2023, at 10:14 pm
Mumbai: The BSE Sensex on Wednesday added another gains of 195.45 pts to close at 63,523.15 on renewed buying in Utilities, Power, Financial services and Telecommunications stocks.
Rupee rises 5 paise against USD
Jun 21, 2023, at 04:58 pm
Mumbai/UNI: Rupee on Wednesday gained five paise at 82.07 in the opening trade against the US Dollar on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Jun 21, 2023, at 04:56 pm
Mumbai/UNI: The BSE Sensex on Wednesday spurted 260 pts at 63,587.70 in opening trade as buying was seen across the board.
Air India firms up order for 250 Airbus aircraft, selects new services
Jun 21, 2023, at 02:58 pm
Paris: Airlines major Air India has firmed up its order for 250 Airbus aircraft and selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.
Google plans to move some Pixel production to India from China: Report
Jun 21, 2023, at 01:03 pm
New Delhi: Google is exploring options to assemble its Pixel smartphones in India, following a similar strategy to Apple's move to diversify production beyond China, reported Bloomberg.
Centre appoints SBI veteran Swaminathan Janakiraman as RBI deputy governor
Jun 21, 2023, at 12:40 pm
Mumbai: The government has appointed Swaminathan Jankiraman, the managing director of the State Bank of India (SBI), as the Deputy Governor of the Reserve Bank of India (RBI), an official notification said.
Jun 21, 2023, at 09:21 am
In a recent residential meeting of members from the Institute of Chartered Accountants of India (ICAI) held in Srinagar, Lieutenant Governor Manoj Sinha of Jammu and Kashmir praised the organization for its invaluable support in implementing various policies linked to economic development.
CCI approves HDFC's acquisition of more shares in insurance companies
Jun 21, 2023, at 07:27 am
New Delhi: The Competition Commission of India (CCI) Tuesday said it has approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd of certain additional shareholding of HDFC ERGO General Insurance Company Ltd and HDFC Life Insurance Company Ltd.
Senior IAS officer Amit Agrawal assumes charge as CEO of UIDAI
Jun 21, 2023, at 05:32 am
New Delhi: Senior IAS officer Amit Agrawal assumed charge as the Chief Executive Officer (CEO) of the Unique Identification Authority of India (UIDAI) on Monday.
NHPC participates in Annual Meeting of International Commission on Large Dams in Sweden's Gothenburg
Jun 21, 2023, at 05:26 am
New Delhi: NHPC Limited, India’s largest hydropower development organisation, participated in the 91st Annual Meeting of the International Commission on Large Dams (ICOLD 2023), held in Gothenburg, Sweden from 11th to 15th June 2023.
Employees' Provident Fund adds 17.20 lakh members in April
Jun 21, 2023, at 04:51 am
New Delhi: The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 17.20 lakh members in April this year, according to the payroll data released on Tuesday.
Air India firms up order for 250 Airbus aircraft, selects new services
Jun 21, 2023, at 03:44 am
Paris/IBNS: Air India has firmed up its order for 250 Airbus aircraft and selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.
SEBI directs Edelweiss Broking to be more cautious in reporting suspicious transactions
Jun 21, 2023, at 02:14 am
Mumbai: Stock market regulator Securities Exchange Board of India (SEBI) has instructed Edelweiss Broking to be more cautious when reporting suspicious transactions, Moneycontrol reported.
Krafton Inc partners with Haute Couture Automobile icon Bugatti for Battlegrounds Mobile India
Jun 20, 2023, at 06:09 pm
New Delhi: Krafton, Inc., South Korean gaming company on Tuesday announced a new partnership with automotive haute couture icon Bugatti, providing players with a once in a lifetime opportunity to get behind the wheel of two of the most exclusive supercars in existence.
IndiGo orders 500 Airbus A320 family aircraft, breaks Air India's record order
Jun 20, 2023, at 02:15 am
New Delhi/IBNS: IndiGo has announced a 500-aircraft deal with Airbus, the largest in aviation history.
Jun 19, 2023, at 09:08 pm
Mumbai: Airbnb on Monday signed a Memorandum of Understanding (MoU) with the Ministry of Tourism, Government of India, to promote India as a most sought-after high-potential tourism destination and shine a spotlight on its rich cultural heritage.
Gross Direct Tax collections for FY 2023-24 grow of 12.73%
Jun 19, 2023, at 01:34 pm
New Delhi: Direct Tax collections for the Financial Year 2023-24, as on June 17, show that net collections are at Rs 3,79,760 crore, compared to Rs. 3,41,568 crore in the corresponding period of the preceding Financial Year i.e. FY 2022-23, representing an increase of 11.18%.