Bitcoin price crosses $50,000 first time since May 15
Aug 23, 2021, at 03:19 pm
Moscow/UNI/Sputnik: The price of the Bitcoin cryptocurrency was going up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark.
E-filing portal glitches: Finance ministry summons Infosys CEO Salil Parekh
Aug 23, 2021, at 04:15 am
Bengaluru/UNI: The Ministry of Finance has summoned Infosys CEO and Managing Director Salil Parekh on Monday to explain the reason for the company failing to resolve the glitches in the e-filing portal.
Ashoka Buildcon receives orders from Rewa Ultra Mega Solar Ltd
Aug 21, 2021, at 07:36 pm
Mumbai/UNI: Infrastructure major, Ashoka Buildcon, has received Notification of Award (NOA) from Rewa Ultra Mega Solar Limited (RUMS)
Highest ever capacity addition of 3000 MVA this year in J&K: Rohit Kansal
Aug 21, 2021, at 05:55 am
Srinagar/IBNS: Jammu and Kashmir will witness the highest ever capacity addition in the transmission sector this year with a total of 1690 MVA capacity at 220 KV level and 1280 MVA at 132 level targeted to be added.
Pooja Hedge promotes pTron in the brand's latest campaign
Aug 21, 2021, at 04:46 am
Mumbai/IBNS: pTron, a lifestyle accessories brand, has launched its new brand campaign titled #pTronEveryday, starring Telugu actress Pooja Hegde.
Wipro launches @now Studio in Texas, expands its digital and cyber defence centre
Aug 21, 2021, at 01:17 am
Bengaluru/UNI: Wipro Limited, an Indian enterprise, on Friday announced the launch of its @now Studio in partnership with ServiceNow to support digital transformations for its target audience in Texas.
HDFC Bank raises $ 1 billion through AT1 bonds
Aug 20, 2021, at 08:53 pm
Mumbai: HDFC Bank has said it raised $ 1 billion by the issuance of Additional Tier 1 (AT1) bonds.
FloBiz monthly active users jumps 250%; targets 7X growth by next year
Aug 20, 2021, at 08:21 pm
Bengaluru/IBNS: FinTech startup FloBiz is witnessing 250% growth in monthly active users and aims to achieve 7X growth by 2022, the company said.
Raising RoDTEP rates and covering more items in the scheme key to achieving FY22 target: EEPC India
Aug 20, 2021, at 04:34 am
Mumbai/IBNS: The government should relook refund rates under RoDTEP and ensure full rebate on the taxes in the export production chain failing which Indian engineering goods exporters could lose some of the markets, said Engineering Export Promotion Council (EEPC) India Chairman Mahesh Desai.
Expect 'early harvest' pact with Australia soon: Piyush Goyal
Aug 20, 2021, at 01:49 am
New Delhi/UNI: Asking industry to provide their inputs for the trade pact with Australia, Commerce and Industry Minister Piyush Goyal on Thursday said that he expected an 'early harvest' pact with the country.
Mandar Satpute becomes ZestMoney's new chief banking officer
Aug 19, 2021, at 11:55 pm
Mumbai/IBNS: Fintech company ZestMoney has promoted Mandar Satpute to the chief banking officer's post, media reports said.
Exporters fear 200-400 pc jump in freight costs will drive buyers to other markets
Aug 19, 2021, at 10:56 pm
New Delhi/UNI: The 200-400 per cent increase in sea freight charges is fast eroding exporters' profitability thus partially negating the gains from high double-digit growth in outward shipments and leaving little funds for capacity expansion.
Extend financial support to youth: Jammu and Kashmir LG Manoj Sinha to SBI Chairman
Aug 19, 2021, at 09:42 pm
Srinagar: Lieutenant Governor (LG) Manoj Sinha on Tuesday asked the Chairman of the State Bank of India, Dinesh Kumar Khara to extend financial handholding to the youth through various schemes and interventions.
Fareportal Partners with Hamari Udaan to Support Critical Medical Needs
Aug 19, 2021, at 04:30 pm
Gurgaon: Leading travel technology company Fareportal India has partnered with healthcare focused non-profit NGO Hamari Udaan to provide critically needed medical infrastructure for health centers in Tier 2 cities in India.
Banks to remain closed from August 19 to 23 in many states
Aug 19, 2021, at 04:19 am
New Delhi/IBNS: Banks will remain closed for five days with several regional and national holidays along with weekly-offs.
RBI issues revised locker rules for banks
Aug 19, 2021, at 02:02 am
Mumbai/IBNS: The Reserve Bank of India (RBI) Wednesday issued revised rules on safe deposit locker and safe custody article facility provided by banks.
Samsung India signs up Alia Bhatt as face of Galaxy Z Series
Aug 19, 2021, at 12:34 am
Mumbai/IBNS: Samsung India has signed up Bollywood actress Alia Bhatt as the face of its Galaxy Z series smartphones for the country.
Amazon invests in Indian fintech platform Smallcase
Aug 19, 2021, at 12:18 am
Bengaluru/IBNS: Amazon has made its debut in India's wealth management sector, taking part in the $40 million Series C round funding by platform Smallcase. The other leading investors in the round were Faering Capital and Premji invest.
Tata Motors unveils its second EV for personal segment
Aug 18, 2021, at 11:51 pm
Mumbai: Following the stupendous success of the Nexon EV, which on Wednesday commands a nearly 70% share in the burgeoning Indian EV market, Tata Motors is now gearing up to launch its second EV offering for the personal segment - the all-new Tigor EV.
Tata Steel commissions its first Steel Recycling Plant in Rohtak
Aug 18, 2021, at 11:47 pm
New Delhi: As part of its commitment to a sustainable tomorrow, Tata Steel has commissioned its new 0.5 MnTPA Steel Recycling Plant at Rohtak, Haryana.
Indian Bank launches its premier mentorship program ‘MSME Prerana’ in Odisha
Aug 18, 2021, at 11:43 pm
Bhubaneshwar: Indian Bank, amongst the leading PSU Banks in the country, launched its flagship business mentoring program - ‘MSME Prerana’ – at Odisha in an event at Bhubaneswar on Wednesday.
Volkswagen India announces start of production and pre-bookings open for the much-awaited
Aug 18, 2021, at 11:40 pm
Mumbai/Pune: Volkswagen Passenger Cars India announces the start of production and pre-bookings open for the much-awaited SUVW – the Taigun.
Union Cabinet approves National Mission on Edible Oils to reduce palm oil imports
Aug 18, 2021, at 11:19 pm
New Delhi/IBNS: The Union Cabinet has approved the Rs 11,040 crore National Mission on Edible Oils-Oil Palm to give impetus to palm oil production in India and cut down dependence on expensive imports from South East Asia.
India to lease petroleum storage capacity after change in policy: Report
Aug 18, 2021, at 10:53 pm
New Delhi/IBNS: The government has decided to lease its federal storage capacity and started selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners to free up space for the purpose, according to media reports.
RBI allows HDFC to issue new credit cards
Aug 18, 2021, at 08:34 pm
Mumbai/IBNS: The Reserve Bank of India has relaxed the restrictions placed on HDFC bank to issue new cards.
Taxes embedded in primary input steel not factored in RoDTEP rates: EEPC India
Aug 18, 2021, at 07:40 am
While it is a relief that the Remission of Duties and Taxes on Exported Products (RoDTEP) rates have been announced, the rates have not taken into account the taxes embedded in their raw-material like steel in the engineering products in a large number of cases, according to EEPC India.
SII buys 50 pc stake in pharma packaging firm Schott Kaisha
Aug 18, 2021, at 06:41 am
Pune/IBNS: Pune-based manufacturer of AstraZeneca vaccine, Covishield, Serum Institute of India (SII) has acquired a 50 per cent stake in SCHOTT Kaisha to become SCHOTT's joint venture partner and secure the pharma packaging supply, the pharma company announced on Tuesday.
Will enforce single-judge order against FRL-RIL deal if no stay order by SC: HC
Aug 18, 2021, at 05:18 am
New Delhi/IBNS: The Delhi High Court Tuesday said it will implement the ruling issued by the single-judge bench restraining Future Retail Ltd (FRL) from selling its retail assets for Rs 24,713 crore with Reliance Retail to sell its business, which was opposed by US-based e-commerce giant Amazon, in case no stay is obtained from the Supreme Court within four weeks.
Kolkata based company NEI introduces next gen decentralized token
Aug 18, 2021, at 03:34 am
Kolkata/IBNS: Kolkata-based Netwood Entertainment Industry (NEI) recently introduced NEWOCOIN - a next gen de-centralized token with a total supply of 999 billion tokens.
How Stock Market Affects Economy
Aug 18, 2021, at 03:28 am
If you have ever wondered if the stock market would play a part in the economy. You are surely right on that thought, and it takes a big part. You might hear people saying the stock market has done this to the economy of our country, the stock market has done to the economy of our country and so much more, are they just saying that or is it real? Is it true? Let's find out here.