State Bank of India to conduct virtual General Meeting on June 17
Jun 10, 2020, at 03:46 pm
Mumbai/IBNS: India's largest lender SBI is set to hold its virtual GM on 17th June 2020 at 3.00 p.m. via Video Conferencing (VC)/Other Audio-Visual Means (OAVM) as per guidelines issued by the Ministry of Corporate Affairs and SEBI.
SAIL partners with Apollo Hospital for knowledge sharing, services
Jun 10, 2020, at 03:36 pm
New Delhi/IBNS: Steel Authority of India Limited (SAIL) has partnered with one of the renowned healthcare providers namely Apollo Hospital, in Delhi, for establishing a knowledge sharing platform for the Company, in a step towards better handling of the corona pandemic , at its Company HQ & Unit Hospitals spread across the country.
Jun 10, 2020, at 03:32 pm
Mumbai/IBNS: Only Singapore and China, out of top 25 destinations of India's engineering exports, could manage a positive year-on-year growth in April, 2020 while the rest conceded massive contraction up to 91 per cent in some cases, due to a hugely disruptive impact of Covid-19, an EEPC India analysis has shown.
Aviation industry losses to top $84 billion in 2020: IATA
Jun 10, 2020, at 08:36 am
Geneva: The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%.
Jun 09, 2020, at 09:33 pm
Mountain View/IBNS: Recalling his struggling phase in life amid the Covid-19 scare, Alphabet Inc. CEO Sundar Pichai has recently shared that his plane ticket to the United States where he went to study was equivalent to his father's annual income, media reports said.
Global economy to shrink by 5.2pc: World Bank Report
Jun 09, 2020, at 04:58 pm
Washington/UNI: The COVID-19 pandemic will shrink the global economy by 5.2 per cent this year, representing the deepest recession since World War Two, and triggering a dramatic rise in extreme poverty, the World Bank has said in its latest Global Economic Prospects report.
Sensex slips down by 413.80 pts
Jun 09, 2020, at 04:56 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday slipped by 413.80 pts to
ICICI Bank down by 3.15 pc to Rs 348.75
Jun 09, 2020, at 04:55 pm
Mumbai/UNI: ICICI Bank on Tuesday dropped by 3.15 pc to Rs 348.75 a major loser in 30 scrips of BSE.
Indian Rupee up by 3 paise against USD
Jun 09, 2020, at 04:10 pm
Mumbai/UNI: The Rupee on Tuesday marginally gained by three paise to 75.51 against the USD in opening trade on the selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Indian Market: Sensex up by 157 pts
Jun 09, 2020, at 04:09 pm
MumbaiUNI: The benchmark index of Bombay Stock Exchange on Tuesday advanced by 157 pts to 34,527.20 in opening trade on brisk buying in Materials, Health Care, Industrials, Consumer Durable and Metal stocks.
Pakistan's economy likely to perform worse than previous estimates: World Bank
Jun 09, 2020, at 09:24 am
Islamabad/UNI: Pakistan’s economy would actually perform even worse than what previous estimates had warned about, the World Bank, citing the Covid-19 fallout, forecast on Monday.
Coronavirus: World Bank confirms deepest recession since World War Two
Jun 09, 2020, at 09:08 am
New York/IBNS: The COVID-19 pandemic will shrink the global economy by 5.2 per cent this year, representing the deepest recession since World War Two, and triggering a dramatic rise in extreme poverty, the World Bank said Monday in its latest Global Economic Prospects report.
HireMee’s video capture feature to enrich 10 million bios in National Career Service
Jun 08, 2020, at 11:47 pm
New Delhi/ Bengaluru/IBNS: In the best of times, fresh diploma holders, college and polytechnic graduates and even newly minted engineers have struggled to find jobs.
MG Motor India joins hands with TATA Power to deploy Superfast chargers at select MG dealerships
Jun 08, 2020, at 10:03 pm
Gurugram/IBNS: MG Motor India on Monday signed a memorandum of understanding (MoU) with Tata Power, India’s largest integrated power utility. As part of the association, Tata Power will deploy 50KW DC Superfast chargers at select MG dealership locations and offer EV charging solutions to MG dealerships spread across India.
Over 50,000 TCSers participate in first-of-its-kind Virtual Global Running Day
Jun 08, 2020, at 07:46 pm
New Delhi: Tata Consultancy Services, a leading global IT services, consulting, and business solutions organization, as a part of its TCS Fit4life initiative successfully celebrated first-of-its-kind virtual running event ‘Run as #OneTCS’ on the occasion of Global Running Day.
TCG Lifesciences releases annual bonus, plans to increase workforce by 15 pct this FY
Jun 08, 2020, at 07:01 pm
Kolkata/IBNS: TCG Lifesciences, a global CRAMS ( Contract Research And Manufacturing Services) company, promoted by New York-based Purnendu Chatterjee Group, on Monday said that they have released the full annual bonus to each of its 1500 employees.
Bharti AXA Life Renewal income rise 17% to Rs 1,359 cr in FY20
Jun 08, 2020, at 06:54 pm
New Delhi/IBNS: Bharti AXA Life Insurance today said the company registered 17% growth in its renewal premium to Rs 1,359 core for the year ended March 31, 2020, against Rs 1,164 crore in the last financial year 2018-19.
Jun 08, 2020, at 04:31 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday advanced by 83.34 pts to end at 34,370.58 in highly volatile trade following gains in Oil Gas, IT, Technology and Industrials stocks amid positive Asian cues.
IndusInd Bank moves up by 7.21 pc to Rs 453
Jun 08, 2020, at 04:29 pm
Mumbai/UNI: IndusInd Bank on Monday rallied by 7.21 pc to Rs 453 a major gainer in 30 scrips of BSE.
Saudi Arabia’s oil export drops by 21.9 percent in Q1 2020
Jun 08, 2020, at 04:23 pm
Riyadh/Sputnik: Saudi Arabia’s oil export has fallen by 21.9 percent, or some $11 million, in the first quarter of 2020, the country’s General Authority for Statistics said on Monday.
ADIA to invest Rs 5,683.50 crore in Reliance Jio platforms
Jun 07, 2020, at 08:59 pm
Mumbai/UNI: Reliance Industries and Jio Platforms on Sunday announced an investment of Rs 5,683.50 crore by a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
GRSE announces financial results for Q4 and FY20
Jun 07, 2020, at 12:07 am
Kolkata/IBNS: Garden Reach Shipbuilders & Engineers Limited (GRSE), one of the leading warship builders in the country, have announced its financial results for the Q4 & FY20 ended on Mar 31, 2020.
Coal India Arm Western Coalfields opens 3 new coal mines
Jun 06, 2020, at 04:09 pm
New Delhi/UNI: Coal India Subsidiary Western Coalfields Ltd (WCL) opened three new coal mines in Maharashtra and Madhya Pradesh on Saturday having combined annual production capacity of 2.9 million tonnes.
-1591381096.jpg "Mubadala to invest ₹ 9,093.60 crore in Reliance's Jio Platforms")
Mubadala to invest ₹ 9,093.60 crore in Reliance's Jio Platforms
Jun 05, 2020, at 11:48 pm
Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited on Friday announced that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest ₹ 9,093.60 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore.
India's foreign exchange reserves soar amid Covid-19 pandemic
Jun 05, 2020, at 10:03 pm
Mumbai/IBNS: At a time when India is facing a fresh economic challenge triggered by coronavirus pandemic, the Reserve Bank of India said country's foreign exchange reserve has increased by USD 3.43 billion to a new all-time high of $493.48 billion for the week ended May 29 following handsome accumulation of the core currency assets.
Tata Sons is not looking to monetise its investments to raise capital: N .ChandrasekaranÂ
Jun 05, 2020, at 06:53 pm
Mumbai/IBNS: Tata Sons chairman N .Chandrasekaran on Friday said the company is not looking to monetise its investments to raise capital.
Indian Sensex regains by 306.54 pts
Jun 05, 2020, at 04:48 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Friday surged by 306.54 points to end positive at 34,287.24 followed gains in Metal, Telecom, Materials and Realty stocks tracking positive global cues.
State Bank of India's net profit jumps to Rs.3,581 crore in Q4 on one-time gain
Jun 05, 2020, at 04:46 pm
New Delhi/Mumbai: State Bank of India's net profit for the month of May touched Rs. 3581 Crores in Q4FY20. It is an increase of 327 percent.
Indian unemployment rate in 2018-19 was 5.8 pc
Jun 05, 2020, at 04:35 pm
New Delhi/UNI: The unemployment rate in the country was 5.8 per cent in 2018-19 as compared to 6.1 per cent in the previous year, according to data released by the government on Thursday.
Indian Market: Sensex recovers 377 pts
Jun 05, 2020, at 04:25 pm
Mumbai/UNI: The benchmark Index of Bombay Stock Exchange on Friday smartly recovered by 377 pts to 34,357.39, in opening trade on buying in Energy, Industrials, Metal and Bankex stocks.