What will power the post-pandemic global economic recovery?

Jun 27, 2020, at 04:53 pm

New York/IBNS: As governments try to kick-start their economies, the UN is calling for recovery plans to be built around low-carbon technologies, to avoid a return to fossil-fuel based business as usual.

Sense moves up by 439.54 points in week

Jun 27, 2020, at 04:24 pm

Mumbai/UNI: The Indian market remained strong for another week, as the benchmark index of Bombay Stock Exchange (BSE) surged 439.54 points or 1.27 pc at 35,171.27 despite rise in the coronavirus cases worldwide and the military stand-off between India and China at the border.

Sterlite Power acquires Vapi II North Lakhimpur Transmission Limited from PFC Consulting

Jun 26, 2020, at 08:27 pm

New Delhi/IBNS: Sterlite Power, a global power transmission player, recently announced the acquisition of Vapi II North Lakhimpur Transmission Limited (VNLTL), a Special Purpose Vehicle (SPV) from PFC Consulting Limited.

CERT warns against possible phishing attack in India

Jun 26, 2020, at 08:17 pm

Kolkata/IBNS: The Indian Computer Emergency Response Team (CERT-In) has issued an advisory recently warning about a possible phishing attack by cyber criminals against people in India with the intent to steal personal data, including bank account information, using the email id - ncov2019@gov.in.

India and US look at bilateral investments in the post pandemic world at webinar organised by IACC

Jun 26, 2020, at 07:53 pm

Mumbai/IBNS: The United States is now the largest merchandise trading partner for India, said Naushad Panjwani, Regional President, West India Council, IACC, at a recent webinar which focused on bilateral investments between the two countries.

CBI raids Congress leader Kamal Nath's kin Ratul Puri's premises in connection with Rs 787.25 crore loss to PNB and other banks

Jun 26, 2020, at 03:32 pm

New Delhi/IBNS: The CBI on Saturday raided the Noida and Delhi premises of Congress leader Kamal Nath's nephew Ratul Puri, accused in a case related to alleged loss of Rs 787.25 crore to Punjab National Bank (PNB) and other consortium of banks, said media reports.

Indian Market: Sensex rebounds 356 pts

Jun 26, 2020, at 10:13 am

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Friday bounced back by 356 pts at 35,198.61 on fresh buying in IT, Technology, Oil and Gas, Bankex amid positive global cues.

Hindustan Unilever to drop 'Fair' from 'Fair & Lovely': Report

Jun 25, 2020, at 11:51 pm

Bangalore/IBNS: Hindustan Unilever will drop "Fair" from its  "Fair & Lovely" range of products which has been criticised over the years for attributing success and confidence to fair complexion.

Fuel prices hiked for 19th day in a row

Jun 25, 2020, at 01:21 pm

New Delhi/UNI: Burning a hole in common man's pocket, petrol and diesel prices were hiked for the 19th consecutive day in the national capital on Thursday.

COVID-19: Recovery will be slower following ‘crisis like no other’, IMF predicts

Jun 25, 2020, at 09:59 am

New York/IBNS: Economic recovery from the COVID-19 pandemic is projected to be more gradual than previously forecast, according to a report published on Wednesday by the International Monetary Fund (IMF).

US goods made in China held up in Indian ports: Report

Jun 25, 2020, at 12:06 am

New Delhi/IBNS: Goods from several US companies made in China, including those from Apple, Dell and Cisco, are held up in Indian ports amid heightened border tension with China, said a Reuters report.

Shree Cement among India’s Top 100 Best Places To Work, Best in Cement & Building Materials for 2020

Jun 24, 2020, at 10:31 pm

Kolkata: Shree Cement has been awarded among the Best Places to Work in Cement and Building Materials Sector across the country and among 100 Best Places to Work for across all sectors by Great Places To Work Institute®, India.

IndusInd Bank slips by 6.60 pc

Jun 24, 2020, at 05:14 pm

Mumbai/UNI:  IndusInd Bank on Wednesday tumbled down by 6.60 per cent to Rs 486.30 a major loser in 30 scrips of BSE.

Cabinet approves scheme to help small businesses brace disruption by Covid-19

Jun 24, 2020, at 04:39 pm

New Delhi/UNI:  The Union Cabinet on Wednesday approved a scheme for interest subvention of 2 per cent for a period of 12 months to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers which will incentivise people who will make regular repayments of loans.

Indian Market: Sensex down 561.45 pts

Jun 24, 2020, at 04:26 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday nosedived by 561.45 pts to settle at 34,868.98 on selling in Bankex, Telecom, Finance and Realty stocks ahead of the expiry of June series derivative contracts on Thursday.

Honda launches all new GRAZIA 125 BSVI

Jun 24, 2020, at 04:20 pm

New Delhi/IBNS: Moving forward with #AQuietRevolution, Honda Motorcycle & Scooter India Pvt. Ltd. on Wednesday launched its advanced urban scooter – the bold, edgy, bright and the all new Grazia 125 BSVI.

Fastrack to launch Super Shield masks

Jun 24, 2020, at 04:15 pm

Thiruvananthapuram/UNI:  With the growing need for good quality and affordable masks, Fastrack, a leading youth accessories brand of the country, steps forward to launch Super Shield masks - a highly breathable 4 layered variant.

Indian Rupee falls by 7 paise against USD

Jun 24, 2020, at 03:56 pm

Mumbai/UNI:  The Rupee on Wednesday declined by seven paise to 75.71 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

CREDAI West Bengal says using local products in real estate sector will boost economy

Jun 23, 2020, at 08:12 pm

Kolkata/IBNS:  Sushil Mohta, president of Credai West Bengal, recently said that the organisation has urged its members to refrain from using imported Chinese goods in the construction sector they serve in the wake of the Indo-China border crisis and use locally manufactured products instead.

Indian Market: Sensex breaches 35K level to 35,430.43 pts

Jun 23, 2020, at 05:03 pm

Mumbai/UNI: The Indian market remained firm for the fourth consecutive session on Tuesday, as the Sensex spurted by 519.11 pts to 35,430.43 following gains in Power, Capital goods, Utilities and Realty stocks.

L&T up by 6.68 pc to Rs 967.85

Jun 23, 2020, at 04:59 pm

Mumbai/UNI:  L&T on Tuesday rallied by 6.68 pc to Rs 967.85 a major gainer in 30 scrips of BSE.

Indian Market: Sensex rallies by 519.11 pts

Jun 23, 2020, at 04:45 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange on Tuesday zoomed up by 519.11 pts to 35, 430.43 following gains in Power, Capital goods, Utilities and Realty stocks.

Indian Rupee ends strong at 75.64 against USD

Jun 23, 2020, at 04:43 pm

Mumbai/UNI:  The Rupee on Tuesday rallied by 38 paise to 75.64 against the US Dollar on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.

PIBL and RIMS collaborate to offer webinars and masterclasses for risk management education

Jun 22, 2020, at 09:24 pm

Kolkata/IBNS: Prudent Insurance Brokers Private Limited (PIBL) and Risk and Insurance Management Society (RIMS), announced a multi-year strategic partnership to support the Indian risk management community.

PTC India Limited said it recorded six per cent volume growth in the latest quarter

Jun 22, 2020, at 08:51 pm

Kolkata/IBNS: PTC India Limited, a leading provider of power trading solutions in India, is banking on its diversified portfolio to enhance its position in the coming quarters, said the company’s Chairman & Managing Director Deepak Amitabh.

Denmark hit by "appalling" job losses in April

Jun 22, 2020, at 05:05 pm

Copenhegan/Xinhua: The equivalent of 73,000 full-time positions disappeared in Denmark this April, according to figures released by Statistics Denmark on Monday.

Bajaj Auto up by 6.89 pc to Rs 2,860

Jun 22, 2020, at 04:49 pm

Mumbai/UNI:  Bajaj Auto on Monday rallied by 6.89 pc to Rs 2,860, a major gainer in 30 scrips of BSE.

Coal India to supply 1 lakh MT coal to Tripura tea industry

Jun 22, 2020, at 04:43 pm

Agartala/UNI: The state-owned Coal India Ltd has committed to provide at least one lakh metric ton of coal to meet the energy demand of tea industry in Tripura to continue the funtioning of the tea processing units, officials said here today.

L&T Hydrocarbon signs MoU with KBR for Refinery and Petrochemical Projects

Jun 22, 2020, at 04:40 pm

Mumbai/UNI: L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding with KBR to build Modular Process Plants for refinery and petrochemical projects.

Indian Rupee ends up by 17 paise against USD

Jun 22, 2020, at 04:36 pm

Mumbai/UNI:  The Rupee on Monday rose by 17 paise to 76.02 against the US Dollar on fresh selling of US Dollar by bankers and exporters, dealers at the Forex Market said.