Reliance Retail acquires 89 pc stake in lingerie brand Clovia
Mar 21, 2022, at 05:45 am
Reliance Retail Ventures Limited (RRVL) said on Sunday that it has acquired 89 percent equity stake in Purple Panda Fashions Private Limited, which owns and operates intimate wear brand Clovia.
Saudi Aramco more than doubles profit in 2021: Report
Mar 21, 2022, at 03:47 am
Saudi Arabia's Aramco reported that its annual net profit has more than doubled for 2021 due to higher oil prices, and it aims to significantly increase capital expenditure (capex) this year, media reports said.
Govt working on categorisation of cryptocurrency under GST law: Report
Mar 21, 2022, at 02:34 am
The cryptocurrency may soon be categorised as goods or services under the GST law as the government is working on it to levie tax on the entire value of transactions, media reports said.
EPFO adds 15.29 lakh net subscribers during month of January
Mar 21, 2022, at 12:42 am
New Delhi: Employees' Provident Fund Organisation (EPFO) on Sunday said it added 15.29 lakh net subscribers during the month of January, 2022 indicating uptick in the formal job market.
India's forex reserves slumps by $9.64 billion, the biggest drop in last 2 yrs
Mar 20, 2022, at 08:20 am
India's foreign exchange (forex) reserves dipped by $9.646 billion to $622.275 billion in the week ended March 11, the biggest drop in almost two years, as the Reserve Bank of India (RBI) engaged in selling dollars to prevent the erosion in the value of rupee.
Suzuki to invest $1.26 bn to build electric vehicles and batteries in India
Mar 20, 2022, at 02:28 am
New Delhi/UNI: Japan's Suzuki Motor Corp. plans to invest 150 billion yen ($1.26 billion) to build electric vehicles and batteries in India, Japanese media reported on Saturday.
Japan to offer $42 bn in investments to India during Kishida's visit: Report
Mar 20, 2022, at 01:24 am
New Delhi: Japanese Prime Minister Fumio Kishida is likely to announce an investment plan of 5 trillion yen ($42 billion) in India over the next five years during his trip starting tomorrow, according to a media report.
Strawberry farming can fetch high returns in Jammu and Kashmir: DG Horticulture
Mar 19, 2022, at 11:31 pm
Srinagar: The Director General (DG) Horticulture, Kashmir, Ajaz Ahmad Bhat today visited the Tumlihal area of Pulwama to participate in a series of events.
Kolkata-based startup What's Up Wellness registers ARR Rs 2.5 crore, prioritises online market sales
Mar 19, 2022, at 05:06 pm
IBNS Correspondent Nitin Waghela catches up with Co-founders Sayantani Mandal and Vaibhav Makhija of Kolkata-based enterprise What's Up Wellness's to understand what it takes to bring a health startup idea into fruition.
Direct tax collections revised to Rs 1 lakh crore
Mar 19, 2022, at 04:39 am
New Delhi/IBNS: India's direct tax collections have exceeded the Revised Estimates by over Rs 1 lakh crore.
India's oil imports in Feb increased amid surge in demand
Mar 19, 2022, at 01:56 am
India's crude oil imports in February increased to 4.86 million barrels per day (bpd), its highest since December 2020.
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).