RBI relaxes restriction on withdrawal from Rs 1000 to 10,000
Sep 26, 2019, at 07:50 pm
Mumbai: The RBI on Thursday increased the withdrawal limit of Punjab and Maharashtra Co-operative Bank (PMC) bank depositors from Rs1000 to Rs10,000, relaxing initial restrictions imposed on Sep 23.
Thai Deputy PM launches Agri-Trade Supply Chain Alliance to further boost Thailand-India trade
Sep 26, 2019, at 06:55 pm
Kolkata, Sep 26 (IBNS): With Thailand focusing on increasing exports to India in sectors such as Rubber, Rubber - wood, Construction Materials, Logistics and Tapioca, a business delegation team led by Deputy Prime Minister of Thailand, Jurin Laksanawisit, who is also the Minister of Commerce, is currently visiting India.
Flipkart unveils The Big Billion Days Specials for consumers across India
Sep 26, 2019, at 06:02 pm
Kolkata/Bengaluru: Flipkart, India’s e-commerce marketplace, is unveiling a wide range of special products as part of the Big Billion Days Specials.
Flipkart introduces furniture by House of Pataudi
Sep 26, 2019, at 05:54 pm
Kolkata/Bengaluru: To enable consumers get the best of premium furniture ahead of the festive season, Flipkart, on Thursday announced the foray of actor Saif Ali Khan-backed House of Pataudi in the online furniture space during this year’s Big Billion Days.
Mukesh Ambani tops IIFL Wealth-Hurun India Rich List 8th year in a row
Sep 26, 2019, at 05:43 pm
Kolkata: Mukesh Ambani, the chairman of India’s second-most valued firm Reliance Industries, continued to top the ‘IIFL Wealth Hurun India Rich List 2019’ for the eighth consecutive year, with a total net worth of Rs. 380,700 crores.
Sep 26, 2019, at 04:16 pm
Mumbai, Sept 26 (UNI): The benchmark index of Bombay Stock Exchange (BSE) on Thursday recovered by 396.22 points to 38,989.74 , riding on the optimism of a likely US-China trade deal and softening crude oil prices.
Social media message regarding closure of 9 banks false: RBI
Sep 25, 2019, at 11:45 pm
Mumbai, Sept 25 (IBNS): The Reserve Bank of India (RBI) on Wednesday refuted reports that nine banks would be closed down and said that no commercial banks are going to be shut.
Uber India launches ‘Safety Never Stops’ campaign
Sep 25, 2019, at 09:50 pm
Kolkata: To raise awareness of its safety processes as well as technology enabled safety features and to ensure that riders effectively use these during trips, Uber India has launched a two-month long ‘Safety Never Stops’ campaign in five different languages across India.
IPO launched by IRCTC to open on Sept 30
Sep 25, 2019, at 09:36 pm
Mumbai: Indian Railway Catering and Tourism Corporation (IRCTC), the railways’ online ticketing, tourism and catering arm, on Wednesday announced the launch of its Initial Public Offering (IPO), in a bid to raise approximately Rs. 645 crore at the upper end of the price band.
Infosys ranked number 3 on 2019 Forbes ‘World’s Best Regarded Companies’ List
Sep 25, 2019, at 07:15 pm
Mumbai, Sept 25 (IBNS): Digital services and consulting company Infosys has been awarded the number 3 ranking on the Forbes list of The World’s Best Regarded Companies for 2019, an official statement from the company claimed.
Ride-sharing company Uber insures every ride at no extra cost
Sep 25, 2019, at 06:22 pm
Kolkata, Sept 25 (IBNS): Uber, a ride-sharing company, on Wednesday launched rider insurance at no extra cost, a one-of-its-kind initiative in partnership with Bharti AXA and TATA AIG, which will cover all riders in cars, autos and motos up to a maximum of Rs 500,000 in case of an accident on a trip.
State Bank of India tumbles down by 7.37 pc to Rs 280.15
Sep 25, 2019, at 05:53 pm
Mumbai, Sep 25 (UNI) State Bank of India (SBI) on Wednesday slipped by 7.37 per cent to Rs 280.15, to be the top loser in the 30 scrips index of Bombay Stock Exchange (BSE).
Indian economy to grow 6.5% in FY2019, 7.2% in FY2020: ADB
Sep 25, 2019, at 05:42 pm
Tokyo: The Asian Development Bank (ADB) has revised its outlook for India’s economy, with growth now expected at 6.5% in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting the manufacturing and service sectors.
Indian Market: Sensex down 503.62 pts
Sep 25, 2019, at 05:21 pm
Mumbai, Sep 25 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Wednesday dropped by 503.62 points to settle below 39K to 38,593.52, snapping a positive streak of last three sessions on profit booking by local operators at higher level amid weak global cues.
Sep 25, 2019, at 05:10 pm
Kolkata / Bengaluru, Sept 25 (IBNS): This year, Flipkart Fashion is gearing up for the biggest edition of The Big Billion Days, with the best offering for consumers across India - from metros to tier 2 cities and beyond.
Etihad Cargo amplifies North America footprints
Sep 25, 2019, at 04:38 pm
Abu Dhabi, United Arab Emirates: Etihad Cargo, the cargo and logistics arm of Etihad Airways, has announced its winter schedule and network plan will come into effect on September 29, with new weekly freighter services marking an increased presence in the United States of America and other strategic global cargo markets.
Sensex plunges 504 points, Nifty goes below 11,450; SBI dips by 7.70%
Sep 25, 2019, at 04:30 pm
Mumbai: The S&P BSE Sensex and NSE Nifty 50 indexes had a steep fall owing to broad-based sell off. The Sensex slid 504 points to hit 38593.52 and the NSE Nifty 50 went down by 148 points to hit 11440.20.
After government reduces corporate tax rate, Maruti Suzuki cuts prices of some models
Sep 25, 2019, at 12:52 pm
New Delhi: Days after the Centre reduced the corporate tax rate, Maruti Suzuki India Limited on Wednesday reduced the price of selected models.
RBI imposes restrictions on PMC bank; depositors under panic
Sep 24, 2019, at 06:02 pm
New Delhi: Tension is running high among the depositors of Punjab and Maharashtra Cooperative Bank(PMC Bank) after Reserve Bank of India restricted withdrawal of funds from their accounts, due to some irregularities committed by the bank.
Sep 24, 2019, at 04:38 pm
Kolkata Sept 24 (IBNS): In view of the upcoming festive season and the Big Billion Days, Flipkart,an e-commerce marketplace, has added over 50,000 direct jobs across its supply chain, logistics arm and customer support.
Indian Market: Sensex marginally up by 7.11 pts
Sep 24, 2019, at 04:32 pm
Mumbai, Sep 24 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Tuesday rose marginally by 7.11 points to 39,097.14, following gains in Reliance Industries, Infosys, Tata Motors and Maruti Suzuki.
Castrol India enrols over 1.5 lakh mechanics and retailers n a unique digital incentive platform
Sep 24, 2019, at 04:18 pm
Mumbai, Sept 24 (IBNS): Castrol India Limited, an automotive and industrial lubricant manufacturing company in the country, announced that Castrol Fast Scan - its unique digital incentive platform for key stakeholders including mechanics and retailers has already reached 1.5 lakh users.
Universal Sompo General Insurance Company Ltd launches USGI ALLy mobile app
Sep 24, 2019, at 03:11 pm
New Delhi: Universal Sompo General Insurance Company Limited (USGICL), India’s first PPP general insurance player with an established presence in motor, health, auto and crop insurance has launched its very own, personalised, mobile application the USGI ALLy.
State Bank of India launches Yono Global in UK
Sep 24, 2019, at 12:59 pm
London: State Bank of India (SBI) launched its digital banking app Yono for customers of SBI (UK) Limited, by Rajnish Kumar, Chairman, SBI at an event hosted in coordination with the UK India Business Council (UKIBC).
Election Commissioner Ashok Lavasa’s wife gets IT notice
Sep 24, 2019, at 12:50 pm
NEW Delhi: The Income Tax department has sent a notice to Election Commissioner Ashok Lavasa’s wife seeking details about the information provided by her in her ITR about holding directorship in around 10 companies.
Hero Electric launches Dash electric scooter
Sep 23, 2019, at 11:39 pm
Kolkata, Sept 23 (IBNS): Electric vehicle brand in India, Hero Electric, on Monday officially launched its new electric scooter - The Dash, at a price of INR 62,000. The brand also showcased the extended-range variants of the Optimaand Nyx widening its range of heavy-duty and high-speed e-scooters in India.
Å koda Auto India expands its model range, introduces the Kodiaq and Superb (DSG) Corporate edition
Sep 23, 2019, at 04:49 pm
Mumbai, 23 September, 2019: Automobile giant Skoda Auto India has introduced the Corporate Edition across the premium Superb and Kodiaq model range.
Skoda Auto India launches corporate edition of Kodiaq, Superb (DSG)
Sep 23, 2019, at 04:19 pm
Mumbai, Sep 23 (UNI)Skoda Auto India has launched the Corporate Edition of Kodiaq and Superb in India.
ICICI Bank to set up 450 new branches this fiscal
Sep 23, 2019, at 04:02 pm
Mumbai, Sept 23 (IBNS): ICICI Bank on Monday announced that it will expand its retail network in the country by adding 450 new branches this fiscal. Of these, the Bank has made 320 branches operational for customers and in the process, it has crossed the milestone of having 5,000 branches. The milestone branch was set up at Thane in Maharashtra.
Indian market: Sensex soars over 1,400 points, Nifty zooms past 11,600 mark
Sep 23, 2019, at 03:31 pm
Mumbai, Sep 23 (UNI/IBNS) Equity benchmark BSE Sensex zoomed over 1,400 points on Monday, following a 1,921-point rally of Friday after the government decided to cut the corporate taxes rate.