Aug 06, 2020, at 05:21 pm
Mumbai/UNI: The BSE Sensex on Thursday bounced back by 283 pts to open at 37,946.80 on the strength of Materials, Metal, Energy, FMCG and IT stocks ahead of RBI policy today.
Indian Market: Rupee recovers by 12 paise against USD
Aug 05, 2020, at 06:26 pm
Mumbai/UNI: The Rupee on Wednesday recovered by 12 paise to 74.93 against the greenback in opening trade on the selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex advances by 385 pts
Aug 05, 2020, at 05:35 pm
Mumbai/UNI: The BSE Sensex on Wednesday rallied further by 385 pts at 38,073.18 as buying was seen across the board.
SAIL achieves highest ever July sales
Aug 05, 2020, at 02:42 am
New Delhi/IBNS: Steel Authority of India Limited (SAIL), the largest steel-making company in the country, attained a sales volume of 15.83 lakh tonnes in July’20 which is its best-ever performance in the month of July and impressive growth of about 50% over July’19 sales which were 10.59 lakh tonnes.
HDFC gets new head, RBI approves Jagdishan as the bank MD and CEO
Aug 05, 2020, at 02:25 am
Mumbai/UNI: Private sector lender HDFC Bank said that RBI has approved the appointment of Sashidhar Jagdishan as MD and CEO of the Bank for three years from his date of taking charge, or from Oct 27, 2020, under Section 35B of the Banking Regulation Act 1949.”
Indian Market: Sensex jumps 748.31pts
Aug 04, 2020, at 10:58 pm
Mumbai/UNI: Snapping a losing streak of last four sessions, the BSE Sensex on Tuesday zoomed up by 748.31 points at 37,687.91 on the strength of Energy, Finance, Bankex, Realty and Oil & Gas stocks amid positive Asian Market.
Reliance Industries surges by 7.10 pc to Rs 2151.15
Aug 04, 2020, at 10:42 pm
Mumbai/UNI: Reliance Industries on Tuesday spurted by 7.10 pc to Rs 2151.15 a major gainer in 30 scrips of BSE.
Record price at mjunction’s Jorhat Tea Auction Centre
Aug 04, 2020, at 09:59 pm
Kolkata/IBNS: mjunction's weekly auction at its Jorhat Tea Auction Centre touched a record peak on Monday, when Adition Nutrient Private Limited of Guwahati purchased handmade, organic Tippy Golden Flowery Orange Pekoe (TGFOP) tea of Chenehi Tea Farm at Rs 930 per kg, the company said in a statement.
Indian Rupee falls four paise against USD
Aug 04, 2020, at 09:56 pm
Mumbai/UNI: The Rupee on Tuesday lost further by four paise to 75.05 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
RBI approves Jagdishan's appointment as HDFC Bank new MD, CEO
Aug 04, 2020, at 09:50 pm
Mumbai/UNI: Private Sector lender HDFC Bank said that RBI has approved the appointment of Sashidhar Jagdishan as MD & CEO of the Bank for three years from his date of taking charge, or from October 27 2020, under Section 35B of the Banking Regulation Act 1949.”
Aug 04, 2020, at 09:41 pm
Kolkata/IBNS: Kansai Nerolac Paints Limited (KNPL), one of the leading paint companies in India, reported a year over year decline in its net profit for the quarter ended June 30, 2020.
Ashok Leyland July 2020 sales declines by 56 pc
Aug 03, 2020, at 10:57 pm
Mumbai/UNI: Commercial Vehicle major, Ashok Leyland has reported a drop of 56 per cent in it July 2020 at 4775 units as against 10926 units sold in July 2019.
Bajaj Auto July 2020 total vehicle sales moves down by 32.89 pc to 2,56,041 units
Aug 03, 2020, at 10:51 pm
Mumbai/UNI: Auto major, Bajaj Auto reported a decline of 32.89 per cent in its total sale at 2,56,041 as compared to 3,81,530 units sold in July 2109.
Kansai Nerolac Paints Q1 consolidated net moves down by 77.08 pc to Rs 33.47 cr
Aug 03, 2020, at 10:49 pm
Mumbai/UNI: Kansai Nerolac Paints has posted a decline of 77.08 per cent in its net profit for the quarter ended June 30, 2020 at Rs 33.47 crore as against Rs 146.02 crore for the quarter ended June 30, 2019.
Steel Strips Wheels July 2020 total wheel rim sales moves down by 27 pc to of 9.25 lacs
Aug 03, 2020, at 10:47 pm
Mumbai/UNI: Steel Strips Wheels (SSWL) has reported a decline of 27 per cent in its total wheel rim sales for July 2020 at 9.25 lakhs as compared with 12.59 lakhs in July 2019.
Bank of India Standalone Q1 net moves up by 3.5 times to Rs 843.60 cr
Aug 03, 2020, at 10:35 pm
Mumbai/UNI: Public Sector Lender Bank of India has reported a jump of 3.5 times in its standalone net profit for the quarter ended June 30, 2020 at Rs 843.60 crore for the period ended June 30, 2020 as against net profit of Rs 242.62 crore for the quarter ended June 30, 2019,due to lower loan provisions and rise in other income.
Indian Market: Sensex falls by 667.29 pts
Aug 03, 2020, at 09:58 pm
Mumbai/UNI: The benchmark index of the Bombay Stock Exchange(BSE) on Monday dropped by 667.29 points to close at 36,939.60, as heavy selling was seen in Energy, Finance, Bankex, Realty and Technology stocks.
Indian Rupee down 20 paise against USD
Aug 03, 2020, at 09:52 pm
Mumbai/UNI: The Rupee on Monday dropped by twenty paise to 75.01 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Microsoft to Wrap Up Talks on Purchase of TikTok in September - Company Statement
Aug 03, 2020, at 02:42 pm
Washignton/Sputnik: Microsoft plans to finish negotiations with ByteDance, the parent company of TikTok, on the purchase of the Chinese-based video-sharing app no later than September 15, Microsoft said in a statement.
Bitcoin price reaches $12,000 for first time since August 2019 – Trading Data
Aug 03, 2020, at 01:38 am
Moscow/Sputnik: The price of the Bitcoin cryptocurrency went up to $12,000 for the first time since August of last year, Sunday trading data showed.
MG Motor India records 40% increase in retail sales as compared to July 2019
Aug 01, 2020, at 11:25 pm
Gurugram/IBNS: MG Motor India on Saturday announced that it has recorded 40% increase in retail sales for the month of July 2020 at 2,105units, as compared to July 2019.
Suzuki Motorcycle India sells 34,412 units in July
Aug 01, 2020, at 10:49 pm
New Delhi/UNI: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan witnessed a warm revival of demand in the second full month since resuming its manufacturing on May 18.
Tata Motors' Q1 FY21 business adversely impacted by COVID 19
Aug 01, 2020, at 10:36 pm
Kolkata/UNI: The Covid-19 pandemic continued to significantly impact the business in Q1FY21 with retail unit sales down 42.4% year-on-year.
Canara Bank launches 'Corona Kavach' Insurance Policy
Aug 01, 2020, at 10:34 pm
Thiruvananthapuram/UNI: Canara Bank has launched a short-term COVID specific health insurance plan 'Corona Kavach', that will cover hospitalisation expenses related to the treatment of COVID-19.
Tata Chemicals reports Q1 FY21 consolidated revenue of Rs 2,348 Cr, down 9 pc
Aug 01, 2020, at 10:32 pm
Kolkata/UNI: Tata Chemicals today declared its financial results for the quarter ended 30 June, 2020 with PAT on consolidated basis at Rs 74 Cr, down by 68 per cent as compared to Rs 231 Cr of the corresponding quarter of last year.
Indian Market: Sensex nosedives 522.01 pts during week
Aug 01, 2020, at 10:28 pm
Mumbai/UNI: Snapping six week's gaining streak, the BSE Sensex dropped 522.01 points or 1.37 per cent to settle at 37,606.89 in volatile week under review on profit booking even negative cues from Global peers spoiled investors sentiment.
Toyota Kirloskar Motor sells 5386 units in July
Aug 01, 2020, at 10:26 pm
Bengaluru/UNI: Toyota Kirloskar Motor (TKM) has sold 5386 units in the month of July 2020 and thus registered a 40 per cent growth in wholesales as compared to June 2020.
Hyundai motors July sales down by 28 pc
Aug 01, 2020, at 10:24 pm
Mumbai/UNI: Auto major Hyundai Motor India (HMIL) reported a 28 per cent decline in total sales to 41,300 units in July. The company had sold 57,310 units in the same month last year,
Eight core industries grow up to reach -15.0 pc in June vs -22 pc in May
Jul 31, 2020, at 11:32 pm
New Delhi/UNI: The growth rate of Index of Eight Core Industries for June 2020 declined by 15.0 per cent compared to decline of 22.0 per cent in previous month, according to data released by government on Friday.
Jul 31, 2020, at 10:41 pm
New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that the government is working with RBI on the Industry’s need for the restructuring of loans due to the COVID-19 impact.