Its raining offers from SBI for its retail customers
Aug 16, 2021, at 11:18 pm
New Delhi: As the country is celebrating Azadi Ka Amrit Mahotsav – which is a GOI’s initiative to commemorate 75 years of Indian independence – the country’s largest bank State Bank of India (SBI) is also geared up to provide an array of offerings on its retail loans and deposits to its customers.
ICICI Securities on-boards Rohit Ambosta for its New Solutions Group
Aug 16, 2021, at 11:16 pm
Mumbai: ICICI Securities (I-Sec), retail-led equity franchise, distributor of financial products, and investment bank, on Monday said that it has on-boarded Rohit Ambosta in the leadership team of the New Solutions Group.
Sensex closes on record high at 55,582.58 points
Aug 16, 2021, at 10:10 pm
Mumbai/UNI: The BSE Sensex on Monday ended on life time high at 55,582.58 on the strength of metals, materials, oil & gas and energy stocks.
Linc Pen attributes sales offtake in recent quarter results to improved customer sentiment
Aug 14, 2021, at 05:47 pm
Kolkata/IBNS: Indian writing instruments manufacturer Linc Pen reported a cash profit of Rs. 1.47 crore during the first quarter of 2021-22 ended June 31, 2021 compared with a cash loss of Rs. 2.22 crore in the year ago quarter.
Engineering goods on way to reaching US$107 billion mark in FY22: EEPC India
Aug 14, 2021, at 05:41 am
New Delhi/IBNS: Engineering goods sector remains one of the main growth drivers of exports from India and going by the trend in April-July period of the current fiscal, annual target of US$107 billion looks quite doable, said Engineering Export Promotion Council (EEPC) India Chairman Mahesh Desai.
Prime Minister Narendra Modi launches voluntary automotive scrappage policy
Aug 14, 2021, at 02:57 am
New Delhi/IBNS: Prime Minister Narendra Modi today launched the Voluntary Vehicle Fleet Modernisation Programme, or better known as the automotive scrappage policy through a video link at the Investor Summit in Gujarat.
Cummins India unveils ‘Made in India’ 2500kva Commercial Diesel Generator
Aug 13, 2021, at 11:42 pm
Kolkata/IBNS: Cummins India Limited unveiled its ‘Made in India’ - QSK60 G23: 2500-2750 kVA Diesel Generator (DG) set at its 60th Annual General Meeting held on August 12.
Airtel, Jio complete Rs 1,008 cr spectrum trading deal
Aug 13, 2021, at 10:59 pm
Mumbai/IBNS: Telecommunications major Bharti Airtel has completed the trading deal to sell 800 Mhz airwaves in three circles to Reliance Jio Infocomm (Jio), according to media reports.
Indian Market: Sensex opens lifetime high at 55,192.29 pts
Aug 13, 2021, at 07:12 pm
Mumbai/UNI: BSE Sensex on Friday opened at a lifetime high at 55,192.29, rising by 348 pts in the opening session as buying was seen across the board.
Rupee recovers 18 paise against USD
Aug 13, 2021, at 12:53 am
Mumbai/UNI: The Indian Rupee on Thursday bounced back by 18 paise to close positive at 74.26 against the USD on the selling of US Dollar by bankers and importers, dealers at the Forex Market said.
Passenger vehicle sales in July up 45 pc, signals economic recovery
Aug 13, 2021, at 12:48 am
New Delhi/UNI: Pumped by favourable base effect and pent-up demand, passenger vehicle sales jumped 45 per cent in July 2021 to 2,64,442 units as compared to 1,82,779 units in the same month last financial year.
Indian delegation to take part in 6th Eastern Economic Forum
Aug 12, 2021, at 05:14 am
Moscow/IBNS: Ambassador of India to the Russian Federation D. B. Venkatesh Varma participated in a meeting at Moscow with Russian President and Executive Secretary of the Eastern Economic Forum Organizing Committee Anton Kobyakov during which they discussed possible formats for India’s participation in the EEF 2021 and SPIEF 2022.
Etihad halves H1 2021 operating loss to US$0.4 billion
Aug 12, 2021, at 04:01 am
Abu Dhabi/IBNS: Etihad Airways has announced operating and financial results for the first half of 2021.
Abolition of Retrospective Taxation will strengthen trust between government and industry: PM Modi
Aug 12, 2021, at 02:45 am
New Delhi/IBNS: Prime Minister Narendra Modi Wednesday said the abolition of the Retrospective Taxation will strengthen the trust between the government and the industry, days after Parliament passed a bill to abolish the system.
Kamdhenu Ltd financial results Q1FY22
Aug 12, 2021, at 02:29 am
Kolkata/IBNS: Kamdhenu Ltd reported revenues of Rs. 145.9 crores, EBITDA of Rs 11.6 crores and PAT of Rs.5.6 crores for overall business for Q1 FY22.
Bridgestone India ambassador PV Sindhu visits company's headquarters, plant in Pune
Aug 12, 2021, at 01:35 am
Kolkata/UNI: Bridgestone India brand ambassador Padma Bhushan PV Sindhu visited the company’s headquarters and plant in Pune on Wednesday.
RBL Bank empanelled as 'Agency Bank' to RBI
Aug 12, 2021, at 01:28 am
Mumbai/UNI: RBL Bank, formerly known as Ratnakar Bank, on Wednesday said that it has been empanelled by the Reserve Bank of India (RBI) as an 'Agency Bank' to conduct banking business for the Central and State Governments.
Indian startup HyperVerge bags two global recognitions
Aug 12, 2021, at 01:24 am
Kolkata/UNI: HyperVerge, a Bengaluru-based technology startup, which leverages Artificial Intelligence solutions for customer verification, on Wednesday announced two global achievements.
L&T signs agreement to divest Singoli-Bhatwari hydroelectric project
Aug 12, 2021, at 01:16 am
Kolkata/UNI: Larsen & Toubro Wednesday announced the divestment of a 100 per cent stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower Limited (LTUHPL) to Renew Power Services Private Limited, a wholly-owned subsidiary of Renew Power Private Limited.
Australia keen to supply critical minerals to India
Aug 12, 2021, at 01:04 am
Canberra/New Delhi/UNI: Australia has the potential to become a major supplier of critical minerals to India like titanium, vanadium and lithium, and supporting jobs, supply chains and innovation in both countries, according to a new report published by the Australian government.
Indian Rupee declines one paisa to end at 74.43 against USD
Aug 11, 2021, at 11:43 pm
Mumbai/UNI: The Rupee on Wednesday ended negative at 74.43, declining by one paisa against the USD on rising demand for the greenback by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex falls by 28.73 points
Aug 11, 2021, at 11:38 pm
Mumbai/UNI: The BSE Sensex on Wednesday ended weak at 54,525.93, declining by 28.73 points at close, on profit booking by local operators.
Digilock Keyless Locks from Hafele, smart digital security solutions
Aug 11, 2021, at 06:43 pm
Kolkata/IBNS: If you are looking for an escape from those innumerable locks and keys being used around homes and offices, for safeguarding things such as cabinets, etc. maybe it is time to think of digital security solutions.
Offering workforce analytics is the core strength of ProHance
Aug 11, 2021, at 06:37 pm
Bengaluru/IBNS: ProHance is a workforce management tool that provides measurable insights on human capital, making organizations more agile to achieve operational goals, according to the company.
Mumbai gets its first Kutchina exclusive brand outlet
Aug 11, 2021, at 06:35 pm
Mumbai/IBNS: Indian home appliances company, Kutchina Home Makers Pvt. Ltd, recently launched its first exclusive brand outlet (EBO) in Mumbai, taking the number of its EBOs in Maharashtra to six.
Stock market: Sensex down over 200 pts
Aug 11, 2021, at 05:17 pm
Mumbai/UNI: BSE Sensex on Wednesday nosedived 268 pts to 54,286.63 as profit booking by local operators amid selling across the board.
Vi moves Supreme Court seeking review of AGR dues order
Aug 11, 2021, at 03:22 am
New Delhi/IBNS: Vi Tuesday moved the Supreme Court seeking a review of its earlier order which dismissed the telecom company's petition for a recomputation of Adjusted Gross Revenue (AGR) dues, media reports said.
TikTok beats Facebook as most downloaded social media app in 2020
Aug 11, 2021, at 01:27 am
Washington/UNI/Sputnik: The Chinese social video platform TikTok became the most downloaded app among social networks in 2020, edging out Facebook Messenger, Japan's Nikkei newspaper reported on Tuesday.
Indian Rupee down 16 paise against USD
Aug 10, 2021, at 10:50 pm
Mumbai/UNI: The Rupee on Tuesday slipped by 16 paise to close negative at 74.42 against the USD on rising demand for US Dollar by bankers and exporters, dealers at the Forex Market said.
Bharti Airtel moves up by 3.84 pc to Rs 622.25
Aug 10, 2021, at 10:41 pm
Mumbai/UNI: Bharti Airtel on Tuesday rallied by 3.84 pc to Rs 622.25 a major gainer in 30 scrips of BSE.