Indian Rupee falls by 14 paise against USD
May 06, 2020, at 11:20 am
Mumbai/UNI: The Indian Rupee on Wednesday declined by 14 paise to 75.77 against the US Dollar in opening session on rising demand for US dollar by bankers and importers, dealers at Forex Market said.
May 05, 2020, at 08:17 pm
Mumbai/UNI: The BSE Sensex on Tuesday lost another 261.84 points, to close at 31,453.51 in highly volatile trade on heavy selling in Realty, Bankex, Finance and FMCG stocks, despite positive Asian market.
Jindal Stainless Limited resumes partial operation at its Jajpur facility in Odisha
May 05, 2020, at 07:28 pm
Bhubaneswar/IBNS: Jindal Stainless Steel Limited has resumed operations at its facility in Jajpur Odisha, from Tuesday, following the Government's announcement that economic activities in select sectors can start in a phased manner.
SBI drops by 4.64 pc to Rs 170.50
May 05, 2020, at 05:06 pm
Mumbai/UNI: State Bank of India on Tuesday fell by 4.64 pc to Rs 170.50 which was the major loser in 30 scrips of BSE.
Snapdeal resumes delivery of non- essential products
May 05, 2020, at 04:50 pm
Gurugram/IBNS: In view of the recent government guidelines, effective from May 4, 2020, Snapdeal has resumed the delivery of non-essential products in orange and green zones, along with the continuing deliveries of essential products.
Standard Chartered appoints Kusal Roy as Head - Retail Banking
May 05, 2020, at 04:49 pm
Mumbai/IBNS: Standard Chartered Bank, India, has appointed Kusal Roy as its new Head of Retail Banking effective from Tuesday.
Assam silk industry losses Rs 100 crore due to COVID-19 lockdown
May 05, 2020, at 03:13 pm
Guwahati/IBNS: Over 20,000 weavers and allied workers of Sualkuchi – the hub of Assam’s silk industry are facing uncertainties as the novel Coronavirus (COVID-19) pandemic badly hit the entire silk industry.
Without govt. intervention we stare at a 2.5 to 3 crore job losses: Le Meridien, New Delhi VP
May 05, 2020, at 01:41 pm
Over time, the hospitality industry has weathered many calamities, man-made or natural, and bounced back. But this time, the Covid 19 pandemic has dealt such a hard blow that it will be difficult for the sector to put the pieces back together and stand on their feet, says Meena Bhatia, Vice President & General Manager of Le Meridien, New Delhi, in an interview with IBNS correspondent Nitin Waghela.
Indian Rupee improves by 9 paise against USD
May 05, 2020, at 12:37 pm
Mumbai/UNI: The Rupee on Tuesday rose by 9 paise to 75.62 against the US Dollar in opening session on fresh selling US dollar by bankers and exporters, dealers at Forex Market said.
Petrol, diesel prices increase in Delhi
May 05, 2020, at 11:38 am
New Delhi/IBNS: Amid nationwide lockdown due to COVID-19 outbreak in the country, Petrol and diesel prices were hiked in Delhi from Tuesday.
Delhi government imposes 70 percent 'Special Corona Fee' on liquor
May 05, 2020, at 11:17 am
New Delhi/UNI: The Delhi government has decided to impose a 70 percent 'Special Corona Fee' on the Maximum Retail Price(MRP) on the bottle of liquor, sources said here on Monday night.
NBFCs meet RBI seeking restructuring of all loans : Report
May 05, 2020, at 12:13 am
Mumbai/IBNS: The Non Banking Financial Companies (NBFCs) have requested the Reserve Bank of India (RBI) to provide a one time restructuring of all loans in view of the current economic situation triggered by COVID-19 induced lockdown, a Money Control report said.
ICICI Bank shares drop 10.96 pc to Rs 338.25
May 04, 2020, at 05:04 pm
Mumbai/UNI: ICICI Bank was the major loser in the 30 scrips of the BSE with its shares falling 10.96 pc to Rs 338.25 on Monday.
Indian market: Sensex down 2002.27 pts
May 04, 2020, at 05:03 pm
Mumbai/UNI: The Benchmark index of Bombay Stock Exchange on Monday crashed by 2,002.27
Covid-19: Ola launches ‘10 Steps to a Safer Ride’ for driver-partners and customers
May 04, 2020, at 05:02 pm
New Delhi/IBNS: With the Ministry of Home Affairs (MHA) easing restrictions in select zones across the country, Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies, today launched a new safety initiative, ‘10 Steps to a Safer Ride’ as operations resume in over 100 cities which are in green and orange zones.
Indian Rupee down 59 paise against USD
May 04, 2020, at 04:02 pm
Mumbai/UNI: The Rupee on Monday plunged 59 paise to close at 75.71 on rising demand for US Dollar by bankers and importers, dealers at the forex market said.
IndiGo transports over 50T in its CarGo flights to Singapore and Maldives
May 04, 2020, at 11:52 am
Kolkata/UNI: In its endeavour to provide support to the nation in the current scenario, IndiGo operated three international CarGo flights, to and from Singapore and Maldives.
Indian Rupee down 56 paise against USD
May 04, 2020, at 10:36 am
Mumbai/UNI: The Rupee on Monday heavily down by 56 paise to 75.68 against the US Dollar in opening session on rising demand for US dollar by bankers and importers, dealers at Forex Market said.
Indian Market: Sensex crashed over 1500 pts
May 04, 2020, at 10:33 am
Mumbai/UNI: The benchmark index of Bombay Stock Exchange nosedived by 1503 points to 32,214.42, in opening session, snapping a winning streak of last four sessions on Monday, tracking weak global cues following a tension erupted between US-China.
Silver Lake to invest  Rs 5,656 crore in Jio industries, says Reliance Industries Limited
May 04, 2020, at 09:34 am
Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited announced on Monday that US-based private equity firm Silver Lake will invest Rs. 5,655.75 crore into Jio Platforms.
Coronavirus Outbreak In India: Apex body of amusement parks demands special package
May 03, 2020, at 05:54 pm
Mysuru/UNI: Indian Association of Amusement Parks and Industries (IAAPI), an apex body representing the interests of Amusement Parks, Theme Parks, Water Parks and Indoor Amusement Centre in India, which has been facing crisis due to cronavirus, sought an urgent stimulus package for Amusement Industry to bail out from the situation.
TVS Motor Co. report zero sales in domestic market April due to corona
May 02, 2020, at 05:33 pm
Hosur, May 2 (UNI) Two and three-wheeler major TVS Motor Company reported zero sales in the domestic market in the month of April due to the coronavirus pandemic.
Indian Market: Sensex zooms 2390.40 points during the week
May 02, 2020, at 12:55 pm
Mumbai/UNI: Benchmark index of Bombay Stock Exchange (BSE) jumped 2,390.40 points or 7.63 pc to settle at 33,717.62 in a week under review on hopes for an effective COVID-19 treatment.
UP government incurs huge financial loss in beginning of FY2020-21 due to lockdown
May 02, 2020, at 11:35 am
Lucknow/UNI: Uttar Pradesh Finance Minister Suresh Khanna on Saturday said that the state has faced huge revenue losses during the beginning of the Financial Year 2020-21.
-1588343207.jpg "SAIL emerges as largest miner for steel making input minerals in FY 2019-20")
SAIL emerges as largest miner for steel making input minerals in FY 2019-20
May 01, 2020, at 07:57 pm
New Delhi/UNI: Public sector steel major Steel Authority of India (SAIL) has emerged as the largest miner for steel making input minerals in FY 2019-20.While Coal India Limited is the overall largest miner in the country, SAIL is involved in mining of iron ore, fluxes (limestone and dolomite), coking coal and non-coking coal for its internal requirements and has become next to Coal India Limited in mining in India in 2019-20.Iron ore, fluxes and coal are essentially required for making steel in integrated steel plants.
LPG non-subsidised cylinder price slashed by Rs 162
May 01, 2020, at 02:58 pm
New Delhi/UNI: The government on Friday slashed prices of LPG cylinder by Rs 162 giving a breather to people who are struggling to cope with economic crisis as a result of lockdown imposed to curb the spread of global pandemic Coronavirus.
Strides annonces that it commenced export of Favipiravir Antiviral Tablets developed by it
May 01, 2020, at 02:55 pm
Kolkata/IBNS: Strides Pharma Science Limited (Strides), a global pharmaceutical company, has announced that it has developed and commercialized Favipiravir Antiviral tablets.
May 01, 2020, at 02:39 pm
Delhi/IBNS: Famous footwear brand, Bata Group recently said that has donated one million pairs of shoes to health care workers, volunteers and their families, the front-liners fighting the Covid-19.
New Zealand gov't boosts cashflow support for small businesses
May 01, 2020, at 01:22 pm
Wellington/Xinhua/UNI: The New Zealand government will provide interest free loans for a year to small businesses impacted by the COVID-19 economic shock to support their immediate cashflow needs and meet fixed costs.
Amazon announces Q1 sales increase with promise to spend Q2 profit on virus response
May 01, 2020, at 12:51 pm
San Fransisco/Xinhua/UNI: Amazon on Thursday announces a 26 percent jump in sales in the first quarter, pledging to spend entire second-quarter operating profit on coronavirus response.