Rupee opens flat at 75.64 against USD
May 20, 2020, at 01:15 pm
Mumbai/UNI: The Rupee on Wednesday opened on a steady note at 75.64 against the US Dollar on the selling of US Dollar by bankers and exporters, dealers at Forex Market said.
Indian Market: Sensex surges over 300 pts
May 20, 2020, at 01:13 pm
Mumbai/UNI: The BSE Sensex on Wednesday advanced by 328 pts at 30,524.53 in opening trade on positive Asian Market.
May 20, 2020, at 12:45 pm
Solihull, UK/IBNS: The first Range Rover made under new social distancing measures drove off the production line at Jaguar Land Rover’s manufacturing plant in Solihull, following the recent temporary pause in production due to the coronavirus pandemic.
Indian Market: Sensex up by 167.19 pts
May 19, 2020, at 05:08 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday ended positive at 30,196.17 after rising by 167.19 pts and snapping a losing streak of last three sessions on fresh buying in Telecom, Power, Technology and Utilities stocks.
Bharti Airtel rallies 10.75 pc to Rs 596
May 19, 2020, at 05:05 pm
Mumbai/UNI: Telecom operator Bharti Airtel was the major gainer in 30 scrips of the BSE with its shares surging 10.75 pc to Rs 596 on Tuesday.
Axis Communications, known for their video network implementation, forays into eastern India
May 19, 2020, at 05:01 pm
Kolkata/IBNS: Axis Communications, a company which offers intelligent security solutions, recently announced that it is expanding its business in Kolkata as well as eastern India.
Dish TV India announces launch of ‘Dish-a-thon 2020’
May 19, 2020, at 02:33 pm
Kolkata/IBNS: India’s DTH Company, Dish TV, is all set to hold second season of hackathon ‘Dish-a-thon 2020’.
Indian Rupee opens higher by 16 paise against USD
May 19, 2020, at 10:34 am
Mumbai/UNI: The Rupee on Tuesday recovered by 16 paise to 75.75 in opening trade against the US Dollar on selling of US Dollar by bankers and exporters, dealers at Forex Market said.
Indian Market: Sensex regains over 500 pts
May 19, 2020, at 10:03 am
Mumbai/UNI: The BSE Sensex on Tuesday bounced back by 513 pts at 30,541.34 in opening trade tracking positive asian market.
Drug firm Moderna's COVID-19 vaccine shows positive result, share prices rise
May 18, 2020, at 11:34 pm
New York/IBNS: American biotech company Moderna Inc said its COVID-19 vaccine, which is still in the test phase, has shown success in a small initial trial with the vaccine producing virus-neutralising antibodies similar to that found in patients recovered from the infection, triggering a rise in its share prices by 25 per cent.
May 18, 2020, at 06:31 pm
New Delhi/IBNS: As cities begin to reopen and millions of Indians start moving again, Uber India today announced at itsfirst virtual press briefing the launch of a range of COVID-19 specific safety features and policies that will change the way you ride the next time you use the app.
IndusInd Bank down by 9.63 pc to Rs 378.45
May 18, 2020, at 05:23 pm
Mumbai/UNI: IndusInd Bank on Monday slipped by 9.63 pc to Rs 378.45 a major loser in 30 scrips of BSE.
Indian Market: Sensex down by 1068.75 pts
May 18, 2020, at 05:19 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday plunged by 1068.75 points to settle at 30,028.98, inspite of stimulus measures which were announced by the central government, as heavy selling was witnessed in Finance, Bankex, Auto, Realty and Capital Goods stocks.
SpiceJet adds Huangzhou & Tashkent to its international cargo network
May 18, 2020, at 04:56 pm
Kolkata/UNI: SpiceJet, the country’s biggest air cargo operator, added Tashkent and Huangzhou to its international cargo network.
Indian Market: Sensex crashes over 800 pts
May 18, 2020, at 10:41 am
Mumbai/UNI: Though the stimulus measures were announced over the weekend by the Central Government, it failed to cheer the market as investors were expecting huge fresh liquidity infusion into the system to improve the aggregate demand so the BSE Sensex on Monday crashed by 832 pts at 30,265.67 in opening trade.
Indian Rupee down 30 paise against USD
May 18, 2020, at 10:36 am
Mumbai/UNI: The Rupee on Monday dropped by 30 paise to 75.86 in opening trade against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at Forex Market said.
New York-based General Atlantic to buy 1.34 pct stake in Jio Platforms
May 17, 2020, at 10:44 pm
Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, on Sunday announced an investment of Rs. 6,598.38 crore by New York-based private equity firm General Atlantic, a leading global growth equity firm.
May 17, 2020, at 12:50 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman in the fifth and final process of unveiling the 20 lakh crore 'Atma-Nirbhar Bharat' fiscal package to revive the economy in the aftermath of coronavirus outbreak, announced on Sunday that an additional 40,000 crore will be spent on the MNREGA scheme.
Bengal Chamber organises webinar #RESETINDIA2020 to discuss business strategies post Covid-19
May 17, 2020, at 12:11 am
Kolkata/IBNS: To discuss ways to bounce back and find a way forward in all business sectors post Covid-19, a webinar #RESETINDIA2020 was organized by The Bengal Chamber on Thursday.
India gives push to privatisation in detailing fourth tranche of Rs. 20 lakh crore economic package
May 16, 2020, at 06:48 pm
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman's fourth press conference on Rs. 20 lakh crore economic package, dubbed as a package to build "Aatmanirbhar Bharat" or "Self-reliant India", was largely concentrated with the Narendra Modi government's push to privatisation in multiple sectors through reforms.
LTFS fourth quarter results feel the heat of the ongoing pandemic crisis
May 16, 2020, at 06:15 pm
Kolkata/IBNS: L&T Finance Holdings (LTFH), a leading Indian Non-Banking Financial Company (NBFC), posted profit after tax (PAT) of Rs 386 crore in Q4FY20 compared to Rs 548 crore in Q4FY19.
LIVE: FM Nirmala Sitharaman holds 4th press conference over economic package
May 16, 2020, at 04:20 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman is holding her fourth press conference to give details of the Rs. 20 lakh crore mega stimulus economic package which was announced by Prime Minister Narendra Modi earlier this week.
Indian Market: Sensex slumps 544.97 pts during week
May 16, 2020, at 03:27 pm
Mumbai/UNI: The Indian equity market remained under pressure for another week, as the benchmark Index of Bombay Stock Exchange plummeted by 544.97 points or 1.72 pc to settle at 31,097.73 in a week under review as developments on the coronavirus front likely continued to weigh on investor sentiment.
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Nissan India launches innovative customer centric offers and services
May 15, 2020, at 10:29 pm
Kolkata/IBNS: Nissan India has introduced new car finance schemes and redefined its pick-up and drop service to empower customers with peace of mind and convenience.
Kochi: Rubber market opens after 50 days; price drops
May 15, 2020, at 06:43 pm
Kochi/UNI: After 50 days of shut-down, the rubber trade has resumed in Kerala, but the prices dropped leaving farmers in distress. .
Indian Market: Sensex ends negative at 31,097.73 pts
May 15, 2020, at 05:48 pm
Mumbai/UNI:The BSE Sensex on Friday fell by 25.16 points to settle at 31,097.73 in highly volatile trade as selling pressure was witnessed in Realty, Bankex, Auto and IT stocks amid positive Asian Market.
Nirmala Sitharaman announces 1 lakh crore agri infrastructure fund to revive Covid-hit economy
May 15, 2020, at 05:24 pm
New Delhi/IBNS: In the third tranche of measures to support India's COVID-19 hit economy, Finance Minister Nirmala Sitharaman on Friday announced Rs. 1 lakh crore for funding Agriculture Infrastructure Projects at farm-gate and aggregation points.
Online food delivery app Zomato announces slashing 13 percent of jobs
May 15, 2020, at 04:55 pm
New Delhi/IBNS: Online food delivery app Zomato has announced it will slash 13 percent of jobs.
AgriTech Marketplace SafalFasal unlocks financial access for 75,000 Indian farmers
May 15, 2020, at 04:44 pm
New Delhi/IBNS: Global digital payment solutions leader BPC and its SME Marketplace, SafalFasal, have supported more than 75,000 Covid-hit farmers across India by offering technological and financial solutions to help the farm sector keep food and supply chain rolling, during and after the lockdown phase, the company said in a press release.
Nirmala Sitharaman starts her third press briefingÂ
May 15, 2020, at 04:18 pm
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman on Friday is addressing her third press conference on providing details about the economic package announced by PM Narendra Modi this week during his national address.