Indian Rupee up 15 paise against USD
Oct 27, 2020, at 09:54 pm
Mumbai/UNI: The Rupee on Tuesday gained by 15 paise to close at 73.70 against the US Dollar on selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Amazon launches seller registrations and account management services in Tamil
Oct 27, 2020, at 08:20 pm
Bangalore/IBNS: In a major step towards breaking the language barrier for lakhs of Indian entrepreneurs, micro small and medium enterprises (MSMEs), local shops and retailers from Tamil Nadu to benefit from ecommerce, Amazon on Tuesday announced that sellers will be able to register on Amazon.in marketplace and manage their online business in Tamil.
Global foreign direct investment halved amid pandemic, but China remained resilient
Oct 27, 2020, at 07:01 pm
New York: Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization UNCTAD showed on Tuesday.
Indian Market: Sensex down 540 pts
Oct 26, 2020, at 11:24 pm
Mumbai/UNI: The BSE Sensex on Monday dropped by 540 pts to settle at 40,145.50 as selling was seen in Energy, Auto, Metal, Realty and Oil and Gas stocks.
Bajaj Auto moves down by 6.05 pc to Rs 2896.75
Oct 26, 2020, at 11:16 pm
Mumbai/UNI: Bajaj Auto on Monday slid by 6.05 pc to Rs 2896.75 a major loser in 30 scrips of BSE.
3rd buyer-seller meet conducted successfully in Jammu and Kashmir: Dir Horticulture
Oct 26, 2020, at 11:02 pm
Srinagar: The Director Horticulture Kashmir, Aijaz Ahmad Bhat Sunday said that the 3rd buyer-seller meet was on Sunday conducted successfully amid good response from the public.
Indian Rupee down 25 paise against USD
Oct 26, 2020, at 10:31 pm
Mumbai/UNI: The Rupee on Monday tumbled down by 25 paise to close at 73.85 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian Rupee down 17 paise against USD
Oct 26, 2020, at 04:07 pm
Mumbai/UNI: The Rupee on Monday declined by 17 paise at 73.77 against the US Dollar in opening trade on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex drops by 50 pts
Oct 26, 2020, at 04:04 pm
Mumbai/UNI: BSE Sensex on Monday slipped by 50 pts at 40,635.04 as selling was seen in Materials, Metals and Oil and Gas stocks.
Income tax return deadline for financial year 2019-20 now extended till Dec 31
Oct 24, 2020, at 09:45 pm
New Delhi: Giving relief to taxpayers amid COVID-19 pandemic outbreak,the Income Tax Department on Saturday extended the deadline for individual assessees to file their returns for financial year 2019-20 (assessment year 2020-21) by a month till Dec 31.
Com Secy reviews progress on recommendations of committee on business revival in J&K
Oct 23, 2020, at 11:57 pm
Srinagar: Commissioner Secretary, Industries and Commerce Department, Manoj K. Dwivedi, Thursday reviewed progress on recommendations of the committee on business revival in Jammu and Kashmir.
IDBI Bank Q2 consolidated net at Rs 337.11 cr
Oct 23, 2020, at 11:38 pm
Mumbai/UNI: Private sector lender IDBI Bank has posted net profit of Rs 337.11 crore for the quarter ended September 30, 2020 as against net loss of Rs 3443.60 crores for the quater ended September 30, 2019.
Indian Market: Sensex up 140 pts
Oct 23, 2020, at 11:06 pm
Mumbai/UNI: BSE Sensex on Friday rose 140 pts to open at 40,700 on profit-booking by local operators at a higher level.
Indian Rupee slips 11 paise against USD
Oct 23, 2020, at 10:44 pm
Mumbai/UNI: The Rupee opened lower by 11 paise at 73.64 per dollar on Friday against previous close of 73.53, amid buying seen in the domestic equity market.
Biocon Q2FY21 revenue at Rs 1,760 cr, up 10 pc
Oct 23, 2020, at 10:42 pm
Bengaluru/UNI: Biocon Ltd, an innovation-led global biopharmaceuticals company on Friday announced its consolidated financial results for the fiscal second quarter ended September 30, 2020.
Redington to offer iPhone 12 & iPhone 12 Pro across 3500 retail locations in India
Oct 23, 2020, at 05:31 pm
Kolkata: Redington, which operates in the information technology product distribution business, will offer iPhone 12 Pro and iPhone 12, in 3500 retail locations across India starting, Oct 30.
SAIL surging ahead with steely resolve and commitment to Atmanirbhar Bharat: Chairman
Oct 23, 2020, at 06:22 am
New Delhi/IBNS: Addressing the shareholders of Steel Authority of India Ltd. (SAIL) on Company’s 48th Annual General Meeting held here on Thursday, Anil Kumar Chaudhary, Chairman, SAIL mentioned that COVID-19 Pandemic has impacted SAIL just as it has impacted every corporate across the country.
GRSE built Anti-Submarine Warfare Corvette INS Kavaratti commissioned on Thursday
Oct 23, 2020, at 03:46 am
Kolkata/IBNS: Indian Naval Ship Kavaratti, the last in the series of four Anti-Submarine Warfare Corvettes (ASWC) built for the Indian Navy by the Kolkata-based Garden Reach Shipbuilders and Engineers Limited (GRSE), under Project 8, was commissioned on Thursday.
India’s E&M industry expected to grow at a CAGR of 10.1% to reach US$55 Bn by 2024: PwC India Report
Oct 23, 2020, at 12:13 am
According to PwC’s Global Entertainment & Media Outlook 2020-2024, the Indian E&M industry’s long-term outlook remains robust as it is expected to grow at 10.1% CAGR to reach 55 billion USD by 2024. A K-shaped bifurcated recovery is on the horizon in which sectors like OTT, internet advertising, video/games/e-sports, and music and podcasts are expected to spearhead growth in the industry. Globally, Digital revenue is expected to contribute 60% to the total E&M revenue by 2020, alone.
ZestMoney Paylater solution now available for Apple customers across India
Oct 22, 2020, at 11:24 pm
New Delhi: ZestMoney, India’s leading AI-driven EMI financing and “Buy Now Pay Later” platform, is now available as a payment solution to drive affordability for Apple product lovers across the country. As part of the partnership, customers can purchase their favourite Apple products by availing the flexibility of ZestMoney’s Pay Later option.
Snapdeal concludes “Kum Mein Dum” Diwali sale
Oct 22, 2020, at 10:22 pm
New Delhi: India’s leading value-focused marketplace,Snapdeal concluded its “Kum Mein Dum” Diwali sale recently.
Powergrid up by 4.64 pc to Rs 164.50
Oct 21, 2020, at 11:19 pm
Mumbai/UNI: Powergrid on Wednesday surged by 4.64 pc to Rs 164.50 a major gainer in 30 scrips of BSE.
Indian Rupee down 12 paise against USD
Oct 21, 2020, at 11:03 pm
Mumbai/UNI: The Rupee on Wednesday slipped further by 12 paise to close negative at 73.58 against the US Dollar on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex rises 162.94 pts
Oct 21, 2020, at 10:02 pm
Mumbai/UNI: The BSE Sensex on Wednesday rallied by 162.94 pts at 40,707.31 at close following gains in Realty, Telecom, Power, Finance and Materials stocks.
Cabinet approves productivity linked bonus and non-productivity linked bonus for 2019-2020
Oct 21, 2020, at 09:12 pm
New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.
Indian Bank launches IND Spring Board to finance start-ups
Oct 21, 2020, at 05:33 am
Chennai/ IBNS: Indian Bank on Tuesday launched “IND Spring Board”, an initiative for funding Start-ups.
Seimens Healthineers invests Rs. 1300 crore in India
Oct 21, 2020, at 05:12 am
Benagluru/IBNS: To advance the digitalization of healthcare, Siemens Healthineers on Tuesday announced plans to invest INR 1,300crore (EUR 160 million) over the next five years in an innovation hub in Bengaluru, India.
Quiz based learning platform Genius Teacher raises USD two million from Indian and US investors
Oct 21, 2020, at 04:26 am
Mumbai/IBNS: Quiz based learning platform, Genius Teacher, founded by Advitiya Sharma, has raised USD two million from Indian and US investors.
Oct 21, 2020, at 04:08 am
Srinagar: Government's unique two-day urban outreach programme My Town My Pride – designed on the pattern of the Back to Village programme – aimed at reaching out to residents to provide governance at their doorsteps in urban areas began here at identified locations in Srinagar with exhaustive preparations from government departments and considerable public participation.
Steel Strips Wheels receives new orders for 7900 wheels from
Oct 20, 2020, at 10:49 pm
Mumbai/UNI: Steel Strips Wheels (SSWL) has received export orders of nearly 7,900 wheels for US caravan trailer market.