SBI cautions customers against online banking frauds as digital payments grow amid Covid-19
Jul 20, 2020, at 08:27 pm
Mumbai/IBNS: India's largest lender State Bank of India has cautioned its customers against online banking frauds as more and more people are using digital payments and online banking amid the coronavirus pandemic.
India to store crude oil in US strategic reserve
Jul 20, 2020, at 05:08 am
New Delhi/IBNS: India is set to stockpile crude oil in American strategic reserves to shield itself from supply disruptions arising out of geopolitical reasons and enable purchase of crude in large quantities when the prices plunge.
Private trains to operate from March 2023: Indian Railways
Jul 20, 2020, at 01:24 am
New Delhi/UNI: The Indian Railways on Sunday clarified that private trains are slated to run from March, 2023 and the tenders will be finalised by March, 2021.
HDFC Bank registers 20 pc y-o-y increase in net profit to Rs 6,659 cr in Q1 FY21
Jul 18, 2020, at 11:49 pm
Mumbai/IBNS: HDFC bank on Saturday declared 19.58 per cent increase in net profit for the quarter ended June 30 compared to the corresponding quarter of 2019. The private lender's net profit for the first quarter of this fiscal stood at Rs 6,658.62 crore compared to Rs 5,568.16 of the corresponding period last year.
Petrol, diesel demand nosedives in first half of July: Report
Jul 18, 2020, at 08:28 pm
New Delhi/IBNS: State-run oil refineries registered a sharp decline in petrol, diesel sales in the first of half of July as rise in retail prices and renewed coronavirus triggered lockdown in several parts of the country hit demand, said a Reuters report.
IIT Kharagpur offers weather advisories to farmers for better crop management
Jul 18, 2020, at 02:37 am
Kharagpur (West Bengal)/IBNS: In collaboration with India Meteorological Department (IMD), IIT Kharagpur, is disseminating weather based agro-advisory to farmers for improving agricultural production in highly variable weather conditions.
Rs 71,229 cr refunded to help taxpayers during Covid-19 pandemic: CBDT
Jul 18, 2020, at 01:42 am
New Delhi/UNI: The Central Board of Direct Taxes has issued refunds worth Rs 71,229 crore to help taxpayers with liquidity during COVID-19 pandemic.
India's rich woman Roshni Nadar Malhotra takes charge as new chief of HCL Tech
Jul 18, 2020, at 12:08 am
Gurgaon: Roshni Nadar Malhotra, who is currently the richest woman in India, has now taken charge as the chairperson of HCL Technologies.
Britannia Industries Q1 consolidated net surges by 117.38 pc
Jul 17, 2020, at 10:30 pm
Mumbai/UNI: FMCG major, Britannia Industries has reported a rise of 117.38 per cent in its consolidated net profit for the quarter ended June 30, 2020 at Rs 545.70 crore as against net profit of Rs 251.03 crore for the quarter ended June 30, 2019.
Indian Market: Sensex zooms up by 548.46 pts
Jul 17, 2020, at 10:09 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Friday spurted by 548.46 points at 37,020.14 following gains in Energy, Oil and Gas, Finance and Auto stocks amid positive Asian cues.
Rupee recovers 17 paise against USD
Jul 17, 2020, at 08:59 pm
Mumbai/UNI: The Rupee on Friday smartly recovered 17 paise to 75.01 on fresh selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.
Infosys spurts by 9.45 pc to Rs 910
Jul 16, 2020, at 10:43 pm
Mumbai/UNI: Infosys on Thursday surged by 9.45 pc to Rs 910 a major gainer in 30 scrips of BSE.
Indian Market: Sensex up by 419.87 pts
Jul 16, 2020, at 10:40 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Thursday rallied by 419.87 point s at 36,471.68 following gains in IT, Technology, Bankex and Auto stocks.
Uber appoints Prabhjeet Singh president of India, South Asia
Jul 16, 2020, at 10:38 pm
Mumbai/UNI: Uber on Thursday announced the appointment of Prabhjeet Singh as president Uber India and South Asia, tasked with overseeing the next phase of growth in the company’s mobility business and ensuring safety for riders and drivers across India, Sri Lanka and Bangladesh. His appointment is effective immediately.
Indian Rupee falls by 4 paise against USD
Jul 16, 2020, at 10:36 pm
Mumbai/UNI: The Rupee on Thursday declined by four paise to at 75.18 on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Uber appoints Prabhjeet Singh as its president of India, South Asia
Jul 16, 2020, at 06:51 pm
New Delhi/IBNS: Uber on Thursday announced the appointment of Prabhjeet Singh as president of Uber India and South Asia, tasked with overseeing the next phase of growth in the company’s mobility business and ensuring safety for riders and drivers across India, Sri Lanka and Bangladesh.
Google to invest Rs. 33,737 crore in Jio platforms for a 7.73% stake
Jul 16, 2020, at 05:33 am
Mumbai/IBNS: Reliance Industries Limited, Jio Platforms Limited and Google LLC on Wednesday announced the signing of binding agreements for an investment of Rs. 33,737 crore by Google into Jio Platforms.
India records export fall in June but posts trade surplus in a decade as coronavirus hits import
Jul 16, 2020, at 05:20 am
New Delhi/IBNS: India has exhibited a negative growth in overall exports (merchandise and services combined) in April-June 2020-21 at USD 101.02 billion, which is down by (-)25.92 per cent over the same period last year, as per data released by Ministry of Commerce and Industry on Wednesday.
FCC & NPCI to host virtual Global Fintech Fest with support from World Bank and UNCDF
Jul 16, 2020, at 03:22 am
Mumbai/IBNS: To bring together fintech and BFSI ecosystems across the globe, the Fintech Convergence Council (FCC) the flagship fintech committee of Internet & Mobile Association of India (IAMAI) along with National Payments Corporation of India (NPCI), and the Payments Council of India (PCI) will host the Global Fintech Fest (GFF), an international virtual fintech event.
Reliance Industries to become net carbon free by 2035, says chief Mukesh Ambani
Jul 15, 2020, at 11:58 pm
Mumbai/UNI: Mukesh Ambani-led Reliance Industries on Wednesday announced its plan to launch an entry-level 4G or 5G smartphone for Indian users, for which it needs Google to build an Android-based operating system.
Bandhan Bank now has 2.03 crore customers
Jul 15, 2020, at 11:19 pm
Kolkata/UNI: Bandhan Bank today announced the results of the first quarter of financial year 2020 - 21. The Bank’s total business grew 24.99% year-on-year to reach Rs.1,34,941 crores.
Indian Market: Sensex ends almost flat at 36,051.81 pts
Jul 15, 2020, at 10:38 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday ended almost steady at 36,051.81, rising by 18.75 pts following gains in Infosys, TCS and HCL Technologies stocks.
RIL AGM, Reliance announces launch of JioTV+ and Jio Glass
Jul 15, 2020, at 10:37 pm
Mumbai/UNI: Mukesh Ambani controlled Reliance Industries during its 43rd Annual General Meeting announced the launch of JioTV+ and Jio Glass.
Infosys moves up by 6.16 pc to Rs 831.45
Jul 15, 2020, at 10:35 pm
Mumbai/UNI: Infosys on Wednesday surged by 6.16 pc to Rs 831.45 a major gainer in 30 scrips of BSE.
Indian Rupee bounces back 27 paise against USD
Jul 15, 2020, at 10:15 pm
Mumbai/UNI: Erasing yesterdays losses, the Rupee on Wednesday jumped by 27 paise
Maruti Suzuki to proactively recall 134,885 units of WagonR, Baleno
Jul 15, 2020, at 10:14 pm
Mumbai/UNI: Car major, Maruti Suzuki India Limited on Wednesday proactively announced to voluntarily undertake a recall for WagonR (1 Litre) manufactured between November 15th 2018 and October 15th 2019 and Baleno (Petrol) manufactured between January 8,2019 and November 4, 2019. The recall will cover 134,885 vehicles of both these models.
Indian Market: Sensex down 660.63 pts
Jul 14, 2020, at 10:40 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday dropped by 660.63 pts to settle at 36,033.06 following heavy selling in Bankex, Power, Metal, Auto and Finance stocks amid negative global cues.
IndusInd Bank drops by 5.33 pc to Rs 510.85
Jul 14, 2020, at 10:39 pm
Mumbai/UNI: Indusind Bank on Tuesday slipped by 5.33 pc to Rs 510.85 a major loser in 30 scrips of BSE.
Indian Rupee down 22 paise against USD
Jul 14, 2020, at 10:11 pm
Mumbai/UNI: The Rupee on Tuesday dropped by 22 paise to settle at 75.41 on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
India's June WPI inflation comes at -1.81 pc against -3.21 pc in May
Jul 14, 2020, at 09:46 pm
New Delhi/UNI: The annual rate of inflation based on monthly Wholesale Price Index stood at -1.81 per cent for June as compared -3.21 per cent in May, according to data released by the government on Tuesday.