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ED attaches properties worth Rs. 752 crore of company linked to Gandhis in National Herald case | Sacked Open AI CEO Sam Altman to join Microsoft, Satya Nadella announces | Uttarakhand tunnel collapse: Rescuers to drill new tunnels for trapped workers, pipe installed to supply food | Amit Shah unveils Telangana BJP election manifesto | Mohamed Muizzu, new president of Maldives, asks India to withdraw military presence | UP govt to crackdown on 'Halal' certification, ban likely soon | PM Modi to participate in Gita Path celebration in Kolkata on Dec 24 | India, Australia to hold two-plus-two ministerial dialogue in Delhi on Nov 20 | Open AI sacks CEO Sam Altman, co-founder Greg Brockman quits hours later | Uttarakhand tunnel collapse: Workers trapped for nearly 150 hours

Indian Rupee down by 26 paise against USD

Jul 07, 2020, at 03:31 pm

Mumbai/UNI: The Rupee on Tuesday tumbled down by 26 paise to end negative at 74.93 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

Essar Ports registers cargo handling of 11.23 MT for quater ended June 2020

Jul 07, 2020, at 03:28 pm

Mumbai/UNI: Essar Ports on Tuesday said that company has recorded an impressive cargo handling of 11.23 million tonnes (MT) for the quartrer ended June 30,2020, with June 2020 cargo growing by 75 pc compared to the April tonnage.

PAN-IIT alumni foundation to host global e-conclave for a systemic response on nation re-building

Jul 06, 2020, at 08:22 pm

New Delhi/IBNS: The PanIIT Alumni Reach for India Foundation, part of the Pan IIT Alumni,  is hosting a ‘PanIIT Global e Conclave 2020’ spread across three weekends starting July 4.

Godrej Consumer Products expects mixed demand trends across geographies in first quarter of FY21

Jul 06, 2020, at 07:31 pm

Mumbai/IBNS: Godrej Consumer Products Limited (GCPL), part of the Godrej Group, has come out with an overall summary of its operating performance and demand trends seen during the first quarter of Financial Year 2021 (Q1FY21), a quarter that bore the brunt of the pandemic crisis.

Adani Transmission to acquire of Alipurduar Transmission

Jul 06, 2020, at 05:10 pm

Mumbai/UNI: Adani Transmission Ltd (ATL) has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and applicable consents.

Tyre manufactures CEAT launches GoSafe S95 Face Masks

Jul 06, 2020, at 05:09 pm

Mumbai/UNI: Foraying into personal protective equipment (PPE) business, Tyre major, CEAT Tyres has launched GoSafe S95 face masks to fight COVID-19 challenge.

Indian Rupee ends weak by 4 paise against USD

Jul 06, 2020, at 05:07 pm

Mumbai/UNI: The Rupee on Monday fell marginally by four paise to end negative at 74.67 against the US Dollor on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

Coronavirus: Jammu dry fruit dealers claim of losses worth over Rs 125 crores, appeal for package

Jul 06, 2020, at 05:05 pm

Jammu/UNI:  With dark clouds hovering over commencement of Shri Amarnath Yatra and pilgrimage to Shri Mata Vaishno Devi Shrine, the dry fruit dealers of Jammu have claimed of losses over 125 crores in the peak months of June and July.

Indian Market: Sensex surges by 465.86 pts

Jul 06, 2020, at 05:03 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday rallied by 465.86 pts at 36,487.28 following gains in Realty, Metal, Auto, Energy and Capital Goods stocks.

SpiceJet to operate 25 flights under Vande Bharat Mission

Jul 06, 2020, at 04:13 pm

Gurugram: SpiceJet, the country’s favourite airline and the biggest air cargo operator, is operating 25 flights under the Vande Bharat Mission (VBM).

Sensex rallies by 388 pts

Jul 06, 2020, at 12:16 pm

Mumbai/UNI: The benchmark index of Bombay stock exchange on Monday rallied by 388 points to 36,410.03 in opening trade on firm global peers.

Linc Pen reports nearly Rs 400 crore revenue in FY 20, first time ever says company

Jul 05, 2020, at 11:46 am

Kolkata/IBNS: Linc Pen & Plastics Ltd, one of India’s leading writing instrument manufacturers, said for the first time in the company’s history, it achieved nearly Rs 400 crore of revenue during the financial year 2020.

E-commerce firm mjunction conducts maiden e-auction for UP State Industrial Development Authority plots

Jul 03, 2020, at 10:18 pm

Lucknow/IBNS: India’s leading B2B e-commerce company, mjunction services limited, recently concluded e-auction events for nine industrial and commercial plots for the Uttar Pradesh State Industrial Development Authority (UPSIDA), a state government undertaking.

Bharti Airtel moves up by 4.05 pc to Rs 581.10

Jul 03, 2020, at 05:20 pm

Mumbai/UNI: Bharti Airtel on Friday surged by 4.05 pc to Rs 581.10 a major gainer in 30 scrips of BSE.

Indian Market: Sensex up by 177.72 pts

Jul 03, 2020, at 05:18 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange on Friday advanced by 177.72 pts at 36,021.42 following gains in Telecom, Power, Capital Goods and Industrials stocks.

Hindustan Unilever Limited renames skincare brand Fair & Lovely as Glow & Lovely

Jul 03, 2020, at 04:48 pm

Mumbai/UNI: FMCG major, Hindustan Unilever Limited on Friday said that company renamed its popular skin care brand Fair & Lovely to "Glow & Lovely."

Sensex rallied by 429.25 pts

Jul 02, 2020, at 04:22 pm

Mumbai/UNI:The benchmark index of Bombay Stock Exchange (BSE) on Thursday edged up by  429.25 pts at 35,843.70 following gains in Consumer Durable, Technology, IT and Auto stocks.

Sensex rallied over 300 points

Jul 02, 2020, at 12:35 pm

Mumbai/UNI: The benchmark index of Bombay stock exchange on Thursday spurted by 329 points at 35,744.22 in the opening trade on firm global peers.

Savings Account: How to Maximize Benefits?

Jul 01, 2020, at 11:45 pm

Life’s most significant achievement is living comfortably along with the completion of dreams and wishes. Even if you can meet your daily needs, you might have some future aspirationswhich require financial assistance. Also, it is equally important to stay financially prepared for times of crisis. Hence, a wise decision would be to have a savings account as your financial back-up.

Planning to Save Taxes? Here’s How Term Plan Can Help

Jul 01, 2020, at 11:37 pm

Earning money has never been easy, as it takes not only hard work but also intelligent planning and patience. That is why making money is nothing short of a game. This game is also beset with tax problems that take away a large portion of your hard-earned money.

FAQ Session: Answering 6 Most Commonly Asked Questions Regarding Term Insurance

Jul 01, 2020, at 09:13 pm

When you’re looking to invest in life insurance, you may find yourself a little overwhelmed. There are lots of terms that you may want explained and questions you may want to ask. Most term insurance plans are more affordable and offer peace of mind while still allowing for flexibility. Here are some answers that can help you with your insurance decision.

As India enters Unlock 2.0, Honda 2Wheeler India retails nearly 3 lac units in June’20

Jul 01, 2020, at 07:08 pm

Gurugram/IBNS: As India entered Unlock 1.0 and over 95% of Honda’s network resumed operations by the first week of June’20; Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) saw sustained uptick in two-wheeler demand during the month.

Mahindra Auto sector sells 19,358 vehicles in June 2020

Jul 01, 2020, at 06:18 pm

Mumbai/UNI:  Auto major Mahindra & Mahindra. (M&M) total sales (Domestic + Exports) For the month of June 2020 stood at 19,358 vehicles , compared to 42,547 vehicles during June 2019.

Hard times forecast for global job recovery in 2020, warns UN labour agency chief

Jul 01, 2020, at 05:23 pm

New York/IBNS: The impact of the COVID-19 crisis on jobs has been much worse than expected initially, the head of the UN labour agency said on Tuesday, in an appeal to Governments, workers and employers, to agree on a sustainable economic recovery plan to reduce inequalities laid bare by the pandemic.

RBI announces special liquidity scheme for NBFCs and HFCs through a SPV

Jul 01, 2020, at 05:16 pm

Mumbai/IBNS: In the bid to improve the liquidity position of the NBFCs and HFCs amid the sagging economic situation triggered by Covid-19 pandemic, the government has approved a special scheme to prevent potential systemic risk in the financial sector, the Reserve Bank said on Wednesday.

Toyota Kirloskar Motor sells 3866 units in June 2020

Jul 01, 2020, at 05:16 pm

Bangalore/IBNS: TKM on Wednesday announced that the company sold a total of 3866 units in the month of June 2020, thereby more than doubling its wholesales when compared to May 2020 (1639 units in May 2020).

Maruti Suzuki sales 57,428 units in June 2020

Jul 01, 2020, at 05:11 pm

New Delhi/IBNS: Automobile giant Maruti Suzuki posted total sales of 57,428 units in June 2020 (including 52,300 units in the domestic market and 839 units to another OEM).

MG Motor India retails 2012 units in June 2020

Jul 01, 2020, at 05:09 pm

Gurugram/IBNS: Automobile giant MG Motor India has recorded sale of 2012 retail units for the month of June 2020.

Nissan India releases glimpses of the much-awaited upcoming B-SUV

Jul 01, 2020, at 05:07 pm

Kolkata/IBNS: Nissan India on Wednesday revealed glimpses of the headlights and grill of its technology-rich and stylish B-SUV concept. For the first time, the B-SUV concept will be showcased to the world on July 16th, 2020 at the global headquarters.

ICICI Bank launches instant loan against mutual funds units

Jul 01, 2020, at 05:05 pm

Mumbai: ICICI Bank announced the launch of a facility that enables retail customers to get loan of up to Rs.1 crore instantaneously by pledging their holdings in both debt and equity schemes of mutual funds.