Fujifilm appoints Koji Wada as the MD for India
Jul 06, 2021, at 11:04 pm
Mumbai/UNI: Fujifilm India Private Limited (FFIN), a pioneer in imaging technologies, on Tuesday announced the appointment of Koji Wada as the new Managing Director for Fujifilm India, effective from June 29 this year.
WardWizard clocks 310 pc sales growth in June
Jul 06, 2021, at 10:52 pm
New Delhi/UNI: WardWizard Innovations and Mobility Ltd, a manufacturer of electric two-wheeler brand ‘Joy e-bike’, closed the month of June 2021 with bullish tendency, selling 938 units and registering a growth of more than 310 per cent.
GST collection for June drops to Rs. 92849 crore
Jul 06, 2021, at 10:49 pm
New Delhi: The gross GST revenue collected in the month of June’ 2021 is Rs. 92,849 crore of which CGST is Rs. 16,424 crore, SGST is Rs. 20,397, IGST is Rs. 49,079 crore (including Rs. 25,762 crore collected on import of goods) and Cess is Rs. 6,949 crore (including Rs. 809 crore collected on import of goods).
Snapdeal ropes in senior Walmart Executive Saurabh Bansal as Chief Merchandising Officer
Jul 06, 2021, at 10:28 pm
New Delhi: Snapdeal, an e-commerce company, on Tuesday announced the appointment of Saurabh Bansal as its Chief Merchandising Officer.
Indian Market: Sensex falls 18.82 pts
Jul 06, 2021, at 10:21 pm
Mumbai/UNI: The BSE Sensex on Tuesday fell marginally by 18.82 pts to settle at 52,861.18 as selling was seen in Auto, Technology, IT and Health Care stocks.
Amazon Pay ICICI Bank credit card on-boards over two million customers
Jul 06, 2021, at 10:19 pm
Kolkata: ICICI Bank and Amazon Pay on Tuesday announced that the Bank has crossed the milestone of issuing two million ‘Amazon Pay ICICI Bank' credit cards.
Rupee marginally up by 3 paise against USD
Jul 06, 2021, at 05:04 pm
Mumbai/UNI: The Rupee on Tuesday moved up by three paise at 74.27 against the US Dollar in the early trade, on selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.
JK Cement attempts to redefine its brand identity
Jul 06, 2021, at 01:04 am
Mumbai/IBNS: As JK Cement, part of JK organisation, attempts to redefine their corporate identity it claimed to triple its market capitalization to USD three billion in the last fiscal, reaffirming its position as one of the fastest growing companies in the cement industry.
Flipkart Wholesale launches digital platform in Bihar
Jul 05, 2021, at 11:55 pm
Kolkata: Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, on Monday announced the expansion of its operations across seven cities in Bihar with an aim to offer local fashion retailers a safe and seamless platform to buy apparel and footwear with doorstep delivery.
Shriram City Union Finance signs MOU with Bharath Institute of Higher Education and Research (BIHER)
Jul 05, 2021, at 11:31 pm
Kolkata: Shriram City Union Finance, a Non-Banking Financial Company signs a MOU with Bharath Institute of Higher Education and Research (BIHER), a regional multi-disciplinary University in Chennai for up-skilling the talent of its employees through the Continuous Learning Partnership Program (CLPP).
Jul 05, 2021, at 11:06 pm
New Delhi: HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund, a mutual fund house with Rs. 4.11 lakh crore in Assets Under Management as on May 31, 2021, announced campaign on HDFC Flexi Cap Fund’s journey and accomplishment over past 26 years - #WealthCreation.
Indian Rupee bounces back 44 paise against USD
Jul 05, 2021, at 11:03 pm
Mumbai/UNI: The Rupee on Monday smartly recovered, registering 44 paise gain to close at 74.30 against the USD on selling US Dollar by bankers and exporters, dealers at the Forex Market said.
State Bank of India up by 1.92 pc to Rs 432.70
Jul 05, 2021, at 10:43 pm
Mumbai/UNI: SBI on Monday rose by 1.92 pc to Rs 432.70 a major gainer in 30 scrips of BSE.
Indian Market: Sensex surges 395.33 pts
Jul 05, 2021, at 10:41 pm
Mumbai/UNI: The BSE Sensex on Monday advanced further by 395.33 pts to close at 52,880.00 on the strength of Realty, Metal, Materials, Bankex and Telecom stocks.
Ecommerce giants raise concern with Centre over new laws meant to safeguard small retailers
Jul 04, 2021, at 11:18 pm
New Delhi/IBNS: Representatives of e-tailers, including Amazon and Tata, approached the government on Saturday over new e-commerce laws announced in June that were perceived to be detrimental to their business models, according to a media report.
Bank privatisation is nothing but just a political agenda, says former Andhra MLC Nageshwar
Jul 04, 2021, at 02:00 am
Hyderabad/UNI: Former Andhra Pradesh MLC, Dr Prof K Nageshwar said the privatisation of banks by the Central government is nothing but just a political agenda and insisted on creating more awareness among the public around the dire need to save Public Sector Banks (PSBS) from the political influence and privatisation in order to safeguard 'People’s money for People’s welfare'.
Uptrend in Indian exports of engineering goods would support jobs and growth: EEPC India
Jul 04, 2021, at 01:05 am
Kolkata/UNI: With demand from major markets staying robust, engineering goods exports from India continued the high ante and posted a 52.61 per cent increase in June 2021 over the same period last year, according to EEPC India.
Sensex slumps 440.37 points during week
Jul 03, 2021, at 07:20 pm
Mumbai/UNI: The BSE Sensex slumped by 440.37 points or 0.83 per cent to settle at 52,484.67 in week under review on concerns over the rapid spread of the new highly contagious COVID-19 delta variant.
Rupee down 18 paise against USD
Jul 02, 2021, at 11:39 pm
Mumbai/UNI: The Rupee continued to slide on Friday also, as it dropped by 18 paise to 74.74 at close against the USD on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex recovers 166.07 pts
Jul 02, 2021, at 10:43 pm
Mumbai/UNI: Snapping a losing streak of last four sessions, the BSE Sensex on Friday recovered by 166.07 pts to close at 52,484.67 on the strength of Consumer Durable, Health Care, Energy, Telecom and Realty stocks.
Lack of widespread vaccination in developing countries leads to losses for tourism sector
Jul 02, 2021, at 10:39 pm
New Delhi/UNI: Developing countries have borne the biggest brunt of the COVID-19 pandemic’s impact on tourism, and South Asia is one of the world's most affected regions.
ICICI Securities appoints Nilotpal Gupta as Head of Data Science Unit
Jul 02, 2021, at 10:22 pm
New Delhi: ICICI Securities (I-Sec), India’s leading retail-led equity franchise, distributor of financial products, and investment bank, today announced the appointment of Mr. Nilotpal Gupta as the Head of its Data Science Unit, taking another step in the direction of strengthening its data and analytics acumen.
2 out of 3 Indians intend to invest in ULIPs in the coming year, reveals survey
Jul 02, 2021, at 10:19 pm
New Delhi: Bajaj Allianz Life, a private life insurers, unveiled a study where it said 2 out of 3 Indians intend to invest in ULIPs in the coming year.
SBI launches 360 dedicated Current Account Service Points
Jul 01, 2021, at 11:54 pm
New Delhi/IBNS: State Bank of India, the country’s largest lender on the occasion of its 66th Bank Day, has launched a dedicated counter across its 360 select branches nationally catering to Current Account customers.
Indian Rupee down 10 paise against USD
Jun 30, 2021, at 11:52 pm
Mumbai/UNI: The Rupee remained weak on Wednesday as it tumbled down 10 paise to close negative at 74.32 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Cabinet nod to Rs 6.28 lakh cr stimulus package announced by FM Nirmala Sitharaman
Jun 30, 2021, at 11:46 pm
New Delhi/UNI: The Union Cabinet on Wednesday approved a Rs 6,28,993 crore stimulus package announced by Union Finance Minister Nirmala Sitharaman to bail out the Covid-hit economy. This was informed by Information and Broadcasting Minister Prakash Javadekar while briefing mediapersons about the Cabinet decisions.
Axis Bank launches first edition of Grab Deals Fest
Jun 30, 2021, at 11:39 pm
New Delhi: Axis Bank, India’s third largest private sector bank, has announced the launch of its first edition of the Grab Deals Fest, a mega sale event, exclusively for its credit and debit card customers, who can avail an offer of flat 15% cashback on two of its biggest online shopping partners – Amazon & Flipkart.
Indian Railway Finance Corporation Ltd. posts all-time high revenue and profit numbers for FY21
Jun 30, 2021, at 11:37 pm
New Delhi: Indian Railway Finance Corporation Limited,the dedicated market borrowing arm of the Indian Railways, posted profit growth of 126% on YoY basis for Q4 FY 2020-21 to stand at Rs. 1,482.55 crore vs. Rs. 654.63 crore reported in Q4FY2020.
ICICIdirect launches ‘Masters of The Street’ premium portfolio
Jun 30, 2021, at 11:32 pm
New Delhi: ICICI Securities (I-Sec), which operates ICICIdirect, India’s leading digital investment platform, on Wednesday stepped up the game for its customers by launching a new offering - ‘Masters of The Street’ under its Premium Portfolio banner.
Tata Motors bags order of 15 hydrogen-based fuel cell buses from Indian Oil Corporation Ltd
Jun 30, 2021, at 11:15 pm
Mumbai: Reaffirming its commitment towards sustainable mobility, Tata Motors, India’s largest commercial vehicle player and leading bus manufacturer, announced that it has won a tender of 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from the Indian Oil Corporation Limited (IOCL).