Rupee falls 15 paise against USD
Nov 15, 2022, at 07:38 pm
Mumbai/UNI: The Rupee on Tuesday slipped 15 paise at 81.47 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Nov 15, 2022, at 07:32 pm
Hyderabad/IBNS: Tata Motors and Cummins Inc on Monday partnered to provide solutions in the hydrogen backed commercial vehicle arena in India.
Know-how of Prestige management biggest gain for Ultrafresh: CEO Dhruv Trigunayat
Nov 15, 2022, at 05:39 pm
Ultrafresh Modular Solutions Ltd has been established as an autonomous subsidiary of TTK Prestige with the recent 40 percent stake acquisition. It has over 150 kitchen studios and experience centres across India with about 75 percent of these showrooms being situated in Tier II and Tier III geographies. In an interview with IBNS correspondent Anuradha Dutta, Ultrafresh CEO Dhruv Trigunayat opens up about the synergies across the brands, products, channels, and manufacturing capabilities post the acquisition and the company's roadmap to achieve the top position in the country's modular kitchen space.
Amazon likely to lay off 1000 employees amid losses: Report
Nov 15, 2022, at 05:05 am
Seattle/IBNS: Amazon is likely to lay off thousands of employees and implement cost-cutting measures as the last few quarters haven't been profitable, media reports said.
India’s retail inflation eases to 6.77 pct in October
Nov 15, 2022, at 12:19 am
India’s retail inflation, which is measured by the Consumer Price Index (CPI), eased to 6.77 per cent in October, as per data released by the Indian government on Monday.
India can purchase as much Russian oil it wants, above price cap: US Treasury secy Janet Yellen
Nov 14, 2022, at 11:29 pm
New Delhi/IBNS: The US is happy for India to continue buying as much Russian oil as it wants, till it steers clear of Western Insurance, finance and maritime services, bound by the cap, US Treasury Secretary Janet Yellen said Friday as per a Reuters report.
India's wholesale inflation drops to 8.39 pc in October
Nov 14, 2022, at 09:39 pm
New Delhi: India's wholesale inflation dropped below the double-digit mark to touch 8.39 per cent in October 2022, the lowest print in 19 months, as per government data released on Monday.
Vee Technologies unveils Rs 200 Cr TN expansion plan
Nov 14, 2022, at 08:33 pm
Poolankurchi: IT services firm Vee Technologies has unveiled a Rs 200 crore expansion plan in Tamil Nadu to mark 100 years of the Chettinad family home here.
Nov 14, 2022, at 05:24 am
Kolkata/IBNS: Minister of State for External Affairs and Education Dr Rajkumar Ranjan Singh said India will become a factory and office of the world with the country's Northeast playing a crucial role in the coming days as a gateway to the Southeast Asian region.
Nov 13, 2022, at 11:30 pm
New Delhi: U.S. Treasury Secretary Janet Yellen has said her nation is keen to further deepen economic and trade links with India under its ‘friendshoring’ approach in a bid to reduce supply chain dependence on countries like China.
'RBI committed to bringing inflation down to 4 pc': Shaktikanta Das
Nov 13, 2022, at 07:33 pm
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das Saturday said there is no need to increase the inflation target from 2 to 3 percent even as the Central bank has failed to keep it below the 6 percent upper tolerance level for nine consecutive months, according to media reports.
All India bank strike on Nov 19: AIBEA
Nov 12, 2022, at 11:16 pm
Hyderabad: To oppose the unlawful and unfair actions of the bank managements, and to protest against these attacks, All India Bank Employees' Association (AIBEA) has given the call for a one-day nation-wide strike next Saturday.
ICC organizes its 94th Annual General Meeting
Nov 12, 2022, at 07:46 pm
Kolkata/IBNS: The Indian Chamber of Commerce (ICC) has organised its 94th Annual session to discuss current trends, which can help strengthen global ties.
UGRO Q2FY23: PAT at Rs 5.3 cr, AUM Rs 4,375 cr
Nov 12, 2022, at 05:53 pm
Mumbai: NBFC U GRO Capital Ltd reported a PAT of Rs 12.5 crore in Q2FY23, up 71 percent compared to Rs 7.3 crore in the previous quarter.
BSL Ltd H1FY23: PAT stands at Rs 7.81 cr, revenue at Rs 245.05 cr
Nov 12, 2022, at 05:31 pm
Fabric manufacturer BSL LTD Friday said its Profit After Tax (PAT) in the H1 ended September 30, 2022, stood at Rs 7.81 crores against Rs 6.41 crores in H1FY22.
Delhivery Q2FY23: Loss narrows to Rs 254 cr, revenue up 22 pc to Rs 1,796
Nov 12, 2022, at 06:47 am
Mumbai: Delhivery Ltd (NSE: DELHIVERY, BOM: 543529) Friday said its Loss after Tax in Q2FY23 narrowed to 254 crore from Rs 643 crore in Q2FY22, according to the financial results released by the company.
Nov 12, 2022, at 05:15 am
San Francisco/IBNS: Twitter Inc. suspended the $8 subscription fee program for getting the blue tick provided for verified accounts that it launched earlier this week amid a growing issue of users impersonating major brands, media reports said.
Nov 12, 2022, at 05:11 am
Kolkata/IBNS: Maple Highways, a dedicated India road investment platform created by global investment group CDPQ, Friday announced it has completed the acquisition of the Eastern Peripheral Expressway (EPE) that encircles the National Capital Region (NCR).
ITDC registers H1FY23 PAT of Rs 23.29 cr
Nov 12, 2022, at 02:56 am
Mumbai: Public sector undertaking India Tourism Development Corporation (ITDC) Friday announced a PAT of Rs 23.29 crore in H1FY23 compared to a PAT of Rs 1.86 crore in the corresponding period last financial year.
'80 hours of work per week, no free food, no work from home': Elon Musk warns employees
Nov 12, 2022, at 02:17 am
San Francisco/IBNS: New boss Elon Musk in his first address to Twitter employees warned of bankruptcy if the company doesn't start generating more cash, media reports said.
Indian Market: Sensex zooms 1,181.34 points
Nov 11, 2022, at 10:41 pm
Mumbai: The BSE Sensex on Friday rallied 1,181.34 points to settle below 61K at 61,795.04 on strong global cues after the release of US inflation data in October, raising hopes that inflation has peaked.
NITI Ayog's figures on unemployment in Goa inaccurate: Pramod Sawant
Nov 11, 2022, at 08:18 pm
Panaji/UNI: Goa Chief Minister Pramod Sawant on Thursday claimed that the figures released by NITI Ayog on unemployment in the state are inaccurate as there are several people who have already been gainfully employed.
NPCI introduces electricity bill payments service on 123PAY
Nov 11, 2022, at 08:07 pm
Mumbai/UNI: National Payments Corporation of India (NPCI) on Friday announced that electricity bill payments service for more than 70 plus electricity boards is now enabled on instant payment system 123PAY.
RIL's telecom arm launches Jio True 5G in Bengaluru & Hyderabad
Nov 11, 2022, at 07:52 pm
Mumbai/IBNS: Jio True 5G was launched on Thursday in the two southern tech-centric cities of Bengaluru and Hyderabad.
Amazon becomes first ever public company to lose USD 1 trillion in market value
Nov 11, 2022, at 06:42 am
Seattle/IBNS: Amazon has become the world's first public firm to lose USD 1 trillion in market valuation on the backs of inflation, tightened monetary policy, and let down in earnings, causing a major sell-off in its stock this year, Bloomberg reported.
Nov 11, 2022, at 06:09 am
Mumbai: Post the successful Beta-launch of Jio True-5G services in Mumbai, Delhi, Kolkata, Chennai, Varanasi and Nathdwara, Jio is extending Jio True-5G’s reach across more cities, namely Bengaluru and Hyderabad, the company said in a press release on Thursday.
TCS to create 1,200 local jobs in Illinois and expand reach of STEM Education Programs
Nov 11, 2022, at 02:59 am
Naperville IL/ New York: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) announced plans to boost its footprint in Illinois, U.S. by creating 1,200 new jobs by the end of 2024.
New boss Elon Musk ends remote working in first email to Twitter employees
Nov 11, 2022, at 02:21 am
In his first email to Twitter Inc. employees, new owner Elon Musk has prepared them for "difficult times ahead" and ended remote working.
Tata Motors shares dip 5 percent after reducing Q2 losses to Rs 944.6 cr
Nov 10, 2022, at 08:30 pm
Mumbai/IBNS: The shares of Tata Motors fell five percent intraday on Thursday, a day after the enterprise revealed its Q2FY23 result.
Nov 10, 2022, at 06:04 pm
Kolkata/IBNS: Indian Ad Guru Prahlad Kakkar said advertisers have to engage with today's smartphone generation with a fleeting attention span in just a few seconds to keep them invested in their products.