Jammu and Kashmir: Craft Mela fetches Rs 12 lakh business for artisans
Oct 29, 2020, at 10:35 pm
Srinagar: At a time when the business fraternity in the Valley is facing severe economic hardships owing to the lockdown after the abrogation of Article 370 last year followed by the Coronavirus pandemic, artisans in the past 12 days have done a business of around Rs 12 lakh at the craft Mela organised by the Handicraft department at Kashmir Haat.
Financial assistance provided to aspiring rural entrepreneurs under B2V3 initiative
Oct 29, 2020, at 10:34 pm
Srinagar: With the aim to promote self-employment and entrepreneurship among the rural population and to mitigate the burgeoning rural unemployment, the Deputy Commissioner Rajouri, Mohammad Nazir Sheikh Tuesday handed over 21 sanction letters involving a loan assistance of Rs 1.84 crore to the young rural entrepreneurs under the B2V3 self–employment program.
Snapdeal launches festive e-stores
Oct 29, 2020, at 10:04 pm
New Delhi: Snapdeal, India’s leading e-commerce marketplace, on Thursday announced the launch of multiple festival-themed e-stores as part of Diwali offerings. There will be four uniquely themed e-stores, starting with the Karva-Chauth store, followed by Dhanteras, Bhaiya Dooj and Lighting stores over the next few days.
Online brand FreshToHome raise $121million in Series C funding, a record for India Consumer Tech
Oct 29, 2020, at 02:41 am
Bengaluru/IBNS: FreshToHome, a leading fully integrated online brand in fresh fish and meat e-commerce raised $121million in Series C funding.
Kashmir Agriculture Department opens organic vegetable market in Srinagar
Oct 28, 2020, at 11:47 pm
Srinagar: The Kashmir Agriculture Department has organized a completely organic vegetable market in Srinagar city.
IndusInd Bank moves down by 3.45 pc to Rs 592.75
Oct 28, 2020, at 11:05 pm
Mumbai/UNI: IndusInd Bank on Wednesday slipped by 3.45 pc to Rs 592.75 a major loser in 30 scrips of BSE.
Indian Rupee down 18 paise against USD
Oct 28, 2020, at 11:01 pm
Mumbai/UNI: The Rupee on Wednesday slipped by 18 paise to close at 73.88 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Oct 28, 2020, at 11:00 pm
Bangalore: To cater to the increasing number of Toyota car owners in smaller cities and towns across India, Toyota Kirloskar Motor (TKM) today announced the expansion of its service network with the launch of multiple PRO Service centres.
Mahindra Manulife Mutual Fund launches ‘Mahindra Manulife Focused Equity Yojana'
Oct 28, 2020, at 10:58 pm
New Delhi: Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Pvt. Ltd.), a 51:49 joint venture of Mahindra & Mahindra Financial Services Limited (MMFSL) and Manulife Investment Management (Singapore) Pte. Ltd. (‘Manulife Singapore’) launches ‘Mahindra Manulife Focused Equity Yojana,’ an open ended equity scheme that aims to invest in maximum 30 stocks across market capitalization (i.e. multi cap).
Amazon Pay ICICI Bank credit card is fastest to cross 1 million milestone
Oct 28, 2020, at 10:56 pm
New Delhi: Amazon Pay and ICICI Bank on Wednesday announced that the Bank has issued about 1.4 million Amazon Pay ICICI Bank credit cards.
Indian Market: Sensex crashes by 599.64 pts
Oct 28, 2020, at 10:52 pm
Mumbai/UNI: The BSE Sensex on Wednesday nosedived by 599.64 pts to settle at 39,922.46 on selling in Finance, Bankex, Realty and Metal stocks.
Supreme Industries Q2 consolidated net rises by 25.35 pc to Rs 174.95 cr
Oct 28, 2020, at 10:30 pm
Mumbai/UNI: Supreme Industries has reported a rise of 25.35 pc in its consolidated net profit for the quarter ended September 30, 2020 at Rs 174.95 crores as against net profit of Rs 139.57 crores for the quarter ended September 30, 2019.
SBI General Insurance clocks 17 pc GWP growth in H1
Oct 28, 2020, at 10:27 pm
Kolkata/UNI: SBI General Insurance, one of the leading general insurance companies in India, has recorded a profit before tax of Rs. 402 cr for the first half of the financial year FY20-21 compared to Rs. 278 cr for H1 FY 19-20.
KAY2 TMT upgrades its brand identity, unveils premium TMT brand “KAY2 Xenox”
Oct 28, 2020, at 12:16 am
Kolkata: KAY2 TMT on Tuesday announced that the company has amplified its brand identity with the unveiling of a new premium TMT brand “KAY2 Xenox”.
Airtel enters the $ 1 billion Indian cloud communications market with Airtel IQ
Oct 27, 2020, at 11:56 pm
Kolkata: Bharti Airtel, a telecommunications company, marked its entry into the fast-growing cloud communications market with the launch of Airtel IQ on Tuesday.
TATA Motors Q2 consolidated net loss widens to Rs 314.45 cr
Oct 27, 2020, at 11:06 pm
Mumbai/UNI: TATA Motors has reported a consolidated net loss of Rs 314.45 crores for the quarter ended September 30, 2020 as against net loss of Rs. 216.56 crores for the quarter ended September 30, 2019.
Indian Rupee up 15 paise against USD
Oct 27, 2020, at 09:54 pm
Mumbai/UNI: The Rupee on Tuesday gained by 15 paise to close at 73.70 against the US Dollar on selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Amazon launches seller registrations and account management services in Tamil
Oct 27, 2020, at 08:20 pm
Bangalore/IBNS: In a major step towards breaking the language barrier for lakhs of Indian entrepreneurs, micro small and medium enterprises (MSMEs), local shops and retailers from Tamil Nadu to benefit from ecommerce, Amazon on Tuesday announced that sellers will be able to register on Amazon.in marketplace and manage their online business in Tamil.
Global foreign direct investment halved amid pandemic, but China remained resilient
Oct 27, 2020, at 07:01 pm
New York: Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization UNCTAD showed on Tuesday.
Indian Market: Sensex down 540 pts
Oct 26, 2020, at 11:24 pm
Mumbai/UNI: The BSE Sensex on Monday dropped by 540 pts to settle at 40,145.50 as selling was seen in Energy, Auto, Metal, Realty and Oil and Gas stocks.
Bajaj Auto moves down by 6.05 pc to Rs 2896.75
Oct 26, 2020, at 11:16 pm
Mumbai/UNI: Bajaj Auto on Monday slid by 6.05 pc to Rs 2896.75 a major loser in 30 scrips of BSE.
3rd buyer-seller meet conducted successfully in Jammu and Kashmir: Dir Horticulture
Oct 26, 2020, at 11:02 pm
Srinagar: The Director Horticulture Kashmir, Aijaz Ahmad Bhat Sunday said that the 3rd buyer-seller meet was on Sunday conducted successfully amid good response from the public.
Indian Rupee down 25 paise against USD
Oct 26, 2020, at 10:31 pm
Mumbai/UNI: The Rupee on Monday tumbled down by 25 paise to close at 73.85 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian Rupee down 17 paise against USD
Oct 26, 2020, at 04:07 pm
Mumbai/UNI: The Rupee on Monday declined by 17 paise at 73.77 against the US Dollar in opening trade on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Market: Sensex drops by 50 pts
Oct 26, 2020, at 04:04 pm
Mumbai/UNI: BSE Sensex on Monday slipped by 50 pts at 40,635.04 as selling was seen in Materials, Metals and Oil and Gas stocks.
Income tax return deadline for financial year 2019-20 now extended till Dec 31
Oct 24, 2020, at 09:45 pm
New Delhi: Giving relief to taxpayers amid COVID-19 pandemic outbreak,the Income Tax Department on Saturday extended the deadline for individual assessees to file their returns for financial year 2019-20 (assessment year 2020-21) by a month till Dec 31.
Com Secy reviews progress on recommendations of committee on business revival in J&K
Oct 23, 2020, at 11:57 pm
Srinagar: Commissioner Secretary, Industries and Commerce Department, Manoj K. Dwivedi, Thursday reviewed progress on recommendations of the committee on business revival in Jammu and Kashmir.
IDBI Bank Q2 consolidated net at Rs 337.11 cr
Oct 23, 2020, at 11:38 pm
Mumbai/UNI: Private sector lender IDBI Bank has posted net profit of Rs 337.11 crore for the quarter ended September 30, 2020 as against net loss of Rs 3443.60 crores for the quater ended September 30, 2019.
Indian Market: Sensex up 140 pts
Oct 23, 2020, at 11:06 pm
Mumbai/UNI: BSE Sensex on Friday rose 140 pts to open at 40,700 on profit-booking by local operators at a higher level.
Indian Rupee slips 11 paise against USD
Oct 23, 2020, at 10:44 pm
Mumbai/UNI: The Rupee opened lower by 11 paise at 73.64 per dollar on Friday against previous close of 73.53, amid buying seen in the domestic equity market.