Aug 02, 2021, at 04:51 pm
New Delhi/IBNS: The services trade will play a major role in the relationship between India and US going forward and strengthen the bilateral economic ties, in line with the geopolitical and strategic ties between the two countries, said Union Minister for Commerce and Industry, Piyush Goyal.
TKM registers a 143% growth in domestic wholesales in the month of July 2021
Jul 31, 2021, at 10:55 pm
Bangalore: Toyota Kirloskar Motor on Saturday announced that the company sold a total of 13,105 units in the month of July 2021, thereby registering a growth of 143% when compared to the domestic sales in the month of July 2020.
LIC CSL partners with IDBI Bank to launch co-branded RuPay Credit Cards
Jul 31, 2021, at 03:34 am
Mumbai/IBNS: LIC Cards Services Limited (LIC CSL) and IDBI Bank have partnered to launch two variants of co-branded RuPay Credit Cards - LIC CSL ‘Lumine’ Platinum Credit Card and LIC CSL ‘Eclat’ Select Credit Card powered by IDBI Bank.
ED seizes hotel in London in money laundering probe against Unitech Group
Jul 31, 2021, at 03:07 am
Delhi/IBNS: The Enforcement Directorate (ED) has seized a hotel in London worth Rs 58.61 crore in connection with a money laundering case against real estate company Unitech Group and its owners Sanjay Chandra and Ajay Chandra, according to media reports.
Essar Oil UK announces the appointment of the advisory council to proliferate strategic leadership
Jul 31, 2021, at 02:59 am
London/UNI: Essar Oil UK Limited has announced the formation and appointment of the company’s first 'Advisory Council'.
The first Moxy Hotel in Nepal is expected to open in 2025
Jul 31, 2021, at 02:54 am
Kathmandu/IBNS: Marriott International has signed an agreement with International Himalaya Hospitality and Hotel Pvt Ltd to debut the company’s Moxy Hotels brand in Kathmandu, the capital of Nepal.
Meeting EN 124 certification could help India leap ahead in exports of sanitary castings: EEPC
Jul 31, 2021, at 02:52 am
Kolkata/IBNS: Former Engineering Export Promotion Council (EEPC) Chairman Ravi Sehgal has said that meeting the EN124 standard that is designed to ensure the safety, compatibility, and consistency of sanitary castings will help promote the export of cast iron, ductile iron and sanitary castings.
Kansai Nerolac Paints Ltd announces Q1 Results FY 2021-2022
Jul 31, 2021, at 12:23 am
Kolkata/UNI: Kansai Nerolac Paints Limited (KNPL), one of the leading paint companies in India, Friday declared their net revenue at Rs 1,301.2 crores showing a growth of 117.6 per cent over the corresponding quarter of the previous year.
Indian Market: Sensex falls 66.23 pts
Jul 30, 2021, at 11:38 pm
Mumbai/UNI: The BSE Sensex on Friday declined 66.23 pts at 52,586.84 on profit booking by local operators.
IDBI Bank's Q1FY22 standalone profit zooms by 318 pc to Rs 603 cr, NII jumps 41.29 pc
Jul 30, 2021, at 05:55 am
Mumbai/IBNS: IDBI Bank's net profit jumped 318 per cent year-on-year (YoY) at Rs 603 crore in the June quarter of 2021 compared to Rs 144 crore in June 2020.
Policy reforms in last one and half years driven by hope: Govt's Chief Economic Advisor
Jul 30, 2021, at 04:57 am
Kolkata/IBNS: Government choices are clearly driven by hope at a time when the economy is coming back to normal, according to Government of India’s Chief Economic Advisor Dr. Krishnamurthy Subramanian.
Union Bank of India Q1FY22 standalone profit jumps by 255 pc to Rs 1,181 crore
Jul 30, 2021, at 04:08 am
Mumbai/IBNS: The board of directors of Public sector lender Union Bank of India (UBI) approved the accounts of the Bank for the quarter ended June 30, 2021 on July 29.
PVR to reopen with 100 per cent vaccinated staff tomorrow
Jul 30, 2021, at 03:03 am
New Delhi/Mumbai/IBNS: Following the Ministry of Home Affairs (MHA) directives, PVR will re-open Friday in states and UT’s where multiplexes and theatres have been given the permission to function.
SEBI penalises Shilpa Shetty, Raj Kundra for violation of its Insider Trading rules
Jul 29, 2021, at 05:35 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 3 lakh on Bollywood actor Shilpa Shetty and her husband and businessman Raj Kundra, and his company Viaan Industries for violation of its Insider Trading rules.
Indigo declares a loss of Rs 3,184 crore in Q1FY22
Jul 29, 2021, at 04:20 am
Mumbai/IBNS: Budget carrier Indigo has recorded a loss of Rs 3,184 crore in the quarter ended June, 2021.
Jul 29, 2021, at 02:31 am
Mumbai/IBNS: Maruti Suzuki posted a net profit of Rs 440.8 crore in the first quarter of this fiscal year against a loss of Rs 249.4 crore in the same quarter last year.
Jul 29, 2021, at 12:41 am
New Delhi/IBNS: In a move to bring relief to the depositors of troubled banks, the Union Cabinet has approved the Deposit Insurance and Credit Guarantee Corporation (Amendment Bill) on July 28, Finance Minister Nirmala Sitharaman said.
realme India, industry experts share insights on leveling up 5G experience
Jul 29, 2021, at 12:31 am
Kolkata: Smartphone major realme recently announced at its inaugural India 5G webinar, which was held in partnership with Counterpoint Research, that the Indian market will see the launch of the realme GT 5G series this quarter with multiple GT 5G products.
Govt of Jammu and Kashmir and JSW Foundation sign MOU
Jul 29, 2021, at 12:23 am
Srinagar: Government of Jammu & Kashmir and JSW Foundation, the social development arm of US$ 13 billion JSW Group on Wednesdya signed a Memorandum of Understanding (MOU) for the conservation, restoration & maintenance of the Mughal Gardens of Kashmir located at Shalimar Bagh & Nishat Bagh.
Tata Motors launches The Nexon EV in Nepal
Jul 29, 2021, at 12:21 am
Kathmandu: In order to accelerate the adoption of EVs in Nepal, Tata Motors - India’s leading EV manufacturer, in partnership with Sipradi Trading Pvt. Ltd., has launched the popular Nexon EV in Nepal at a starting price of NPR 35.99 lacs.
PVR enters into e-commerce, PopMagic microwave popcorn marks debut on Amazon
Jul 29, 2021, at 12:19 am
Mumbai/IBNS: PVR Ltd. the film exhibition company, forays into the e-commerce segment with its F&B offerings making its first product, PVR PopMagic microwave popcorn available on Amazon.
Snapdeal’s fashion sales up 210% in 2021
Jul 29, 2021, at 12:09 am
Kolkata: Snapdeal, an online e-commerce company, on Wednesday shared that sales in its fashion category have grown by 210% in the first six months of 2021 (January - June).
Shares of Kotak Bank moves down 2.64 pc to Rs 1653.20
Jul 28, 2021, at 11:43 pm
Mumbai/UNI: Shares of Kotak Bank on Wednesday dropped by 2.64 per cent to Rs 1653.20, a major loser in 30 scrips of BSE.
Indian Market: Sensex falls 135.05 pts
Jul 28, 2021, at 11:41 pm
Mumbai/UNI: Extending losses for the third straight sessions, the BSE Sensex on Wednesday slipped 135.05 pts to settle at 52,443.71 as selling pressure was seen in Auto, Bankex, Consumer Durable and Utilities stocks.
Indian Rupee up 9 paise against USD
Jul 28, 2021, at 11:33 pm
Mumbai/UNI: Rupee on Wednesday gained nine paise to close at 74.37 against the USD on the selling of US Dollar by bankers and importers, dealers at the Forex Market said.
French sports brand Decathlon opens second outlet in Kolkata
Jul 28, 2021, at 07:18 pm
Kolkata/IBNS: Leading French sports goods retailer Decathlon opened its second outlet located in Kolkata in the heart of the city.
Sensex crashes over 600 points
Jul 28, 2021, at 05:02 pm
Mumbai/UNI: The BSE Sensex on Thursday crashed by 642.56 pts at 51,936.20 as selling pressure was seen across the board.
IMF cuts India growth to 9.5%, but it remains fastest-growing large economy
Jul 28, 2021, at 02:40 pm
New Delhi: The COVID-19 second wave has shaved off 3 per cent from the International Monetary Fund's (IMF) previous projection for India's economic growth for this fiscal year, pegging it now at 9.5 per cent, but the country still remains the world's fastest-growing large economy.
Punjab National Bank apprises shareholders of its performance in FY2020-21 at AGM
Jul 28, 2021, at 01:58 am
Kolkata/IBNS: Indian public sector bank, Punjab National Bank (PNB), apprised its shareholders of the bank’s performance and various initiatives undertaken through fiscal year 2020-21 at its recent Annual General Meeting.
Indian Rupee drops 5 paise against USD
Jul 27, 2021, at 11:48 pm
Mumbai/UNI: The Rupee on Tuesday fell five paise to close at 74.46 against the USD on rising demand for the greenback by bankers and exporters, dealers at the Forex Market said.