Toyota Kirloskar Motor announces innovative finance schemes for July
Jul 13, 2020, at 10:59 pm
Mumbai/UNI: Toyota Kirloskar Motor on Monday announced special finance offers and schemes to its customers in India.
Muthoot Finance launches cashback scheme for customers amid COVID-19
Jul 13, 2020, at 10:33 pm
Mumbai/UNI: Muthoot Finance largest gold loan NBFC launches special cashback scheme - Muthoot Online Money Saver programme(MOMS) for customers paying interest online.
Google to invest Rs 75,000 cr more to fast pace India's digital economy
Jul 13, 2020, at 09:33 pm
New Delhi/IBNS: Google Chief Executive Officer Sundar Pichai has said the company would invest an additional Rs 75,000 crore to accelerate the pace of India's digital economy and added that the company is "proud to support" Prime Minister Narendra Modi's vision.
Qualcomm ventures to invest Rs 730 crore in Jio platforms
Jul 13, 2020, at 03:37 am
Kolkata/UNI: Reliance Industries Limited and Jio Platforms Limited, announced on Sunday that Qualcomm Ventures, the investment arm of Qualcomm Incorporated, an industry leader in wireless technologies, has committed to invest upto Rs 730 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
Emirates to slash 9000 employees: Report
Jul 11, 2020, at 10:39 pm
Aviation major Emirates might slash 9000 jobs, a top official has said.
Indian Market: Sensex surges by 572.91 pts during week
Jul 11, 2020, at 09:43 pm
Mumbai/UNI: Extending rally for the fourth consecutive week, the BSE Sensex zoomed up by 572.91 points or 1.59 per cent at 36,594.33 on strong global peers as investors focused on the prospect of economic recovery and progress on potential coronavirus drugs.
Economy showing signs of improvement but medium term outlook still uncertain: RBI Governor
Jul 11, 2020, at 08:35 pm
Mumbai/IBNS: RBI Governor Shakti Kanta Das has said the economy has started showing signs of improvement with the easing of over two months of strict lockdown but "a very careful trajectory" has to be followed after the pandemic is over.
Sensex surges by 572.91 pts during week
Jul 11, 2020, at 06:38 pm
Mumbai/ UNI: Extending rally for the fourth consecutive week, the BSE Sensex zoomed up by 572.91 points or 1.59 per cent at 36,594.33 on strong global peers as investors focused on the prospect of economic recovery and progress on potential coronavirus drugs.
Housing sales crash 66% in India in Q2 due to COVID: Study
Jul 11, 2020, at 06:08 pm
Kolkata/UNI: In a report released by PropEquity, India’s leading real estate data, research and analytics firm, sales or absorption of housing units dropped by 66% across top 9 cities in India in the second quarter of 2020 to 21,294 units versus 62,851 units in Q1 2020.
At $68 bn, Mukesh Ambani eclipses Warren Buffet's fortune
Jul 11, 2020, at 04:54 am
Mumbai/IBNS: Reliance Industries chairman Mukesh Ambani has surpassed Warren Buffet as his net worth touched $68.3 billion on Thursday, according to the Bloomberg Billionaires Index, a Bloomberg report said.
Axis Bank declined by 3.14 per cent to Rs 439.50
Jul 10, 2020, at 10:55 pm
Mumbai/UNI: Axis Bank on Friday slipped by 3.14 per cent to Rs 439.50 a major loser in 30 scrips of BSE.
Indian Market: Rupee down 21 paise against USD
Jul 10, 2020, at 10:29 pm
Mumbai/UNI: The Rupee on Friday tumbled down by 21 paise to 75.20 against the US Dollar on account of rising demand for the US Dollar by bankers, importers and dealers at the Forex Market said.
Indian Market: Sensex falls 143.36 points
Jul 10, 2020, at 10:27 pm
Mumbai/UNI: The benchmark index of the Bombay Stock Exchange on Friday slipped 143.36 points to settle at 36,594.44 as selling was seen in Bankex, Consumer Durable, Capital Goods, Finance stocks amid weak Asian Markets.
IndusInd Bank launches redesigned website to enhance customer experience
Jul 10, 2020, at 09:07 pm
Mumbai/IBNS: IndusInd Bank announced the launch of its redesigned website www.indusind.com to offer customers with an enhanced experience across devices such as desktops, laptops, mobile phones and tablets.
Indian Market: Sensex falls by 182 pts
Jul 10, 2020, at 10:00 am
Mumbai/UNI: The BSE Sensex on Friday slipped by 182 pts to open at 36,555.13 as selling was seen in Metal, Finance, Bankex and Utilities stocks.
ED attaches Yes Bank founder Rana Kapoor's properties worth Rs 1,400 cr
Jul 10, 2020, at 06:31 am
Mumbai/IBNS: The Enforcement Directorate on Thursday seized Yes Bank founder Rana Kapoor and his family's assets worth over Rs 1,400 crore, including properties in London, New York and Mumbai under the anti-money laundering law, media reports said.
Bajaj Finance drops by 4.45 pc to Rs 3,203.60
Jul 08, 2020, at 07:13 pm
Mumbai/uni: Bajaj Finance on Wednesday was the major loser in the 30 scrips of BSE with its shares sliding to 4.45 percent to Rs 3,203.60.
SpiceJet facilitates insurance of passengers for COVID-19 hospitalisation starting at Rs. 443
Jul 08, 2020, at 07:05 pm
Gurugram/IBNS: Airlines major SpiceJet has facilitated insurance cover for COVID-19 hospitalisation which can be availed by its passengers – a first-of-its-kind initiative by an airline in India.
Jul 08, 2020, at 05:50 pm
New Delhi: The Union Cabinet chaired by PM Narendra Modi on Wednesday has given its approval for extending the contribution both 12% employees' share and 12% employers' share under Employees Provident Fund, totaling 24% for another 3 months from June to August, 2020, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19, a Pandemic.
Indian Market: Sensex down 345.51 points
Jul 08, 2020, at 04:22 pm
Mumbai/UNI: The benchmark index of the Bombay Stock Exchange on Wednesday slipped 345.51 points to settle at 36,329.01 following selling in realty, auto, technology, consumer durable and power stocks amid negative global peers.
Indian Rupee slips 8 paise against USD
Jul 08, 2020, at 04:10 pm
Mumbai/UNI: The Rupee on Wednesday dropped eight paise to finish at 75.01 against the US Dollar on rising demand for the American currency by bankers and importers, dealers at the Forex Market said.
Bharti AXA Life offers novel solution to secure health and life in COVID-19 times
Jul 08, 2020, at 03:10 pm
Kolkata/IBNS: Bharti AXA Life Insurance has launched an inclusive protection solution, Health and Life Secure, with triple benefits of life cover, hospitalization and critical illness amid COVID19.
Infosys flies back 200 employees, their family members from US in special chartered flight
Jul 07, 2020, at 11:53 pm
Bengaluru/IBNS: IT major Infosys flew back some of its employees and their family members in a special chartered flight, who were stranded in the United States due to the coronavirus pandemic and visa issues.
Indian Market: Sensex up by 187.24 pts
Jul 07, 2020, at 06:18 pm
Mumbai/UNI: Extending gains for the fifth consecutive session on Tuesday, the BSE sensex rallied by 187.24 points to 36,674.52 following gains in IT, Finance, Bankex and Technology stocks.
Maruti Suzuki partners with Axis Bank for easy finance solutions
Jul 07, 2020, at 06:05 pm
Mumbai/IBNS: Maruti Suzuki India Limited (MSIL), a major carmaker, on Tuesday announced its collaboration with Axis Bank, India’s third largest private sector bank to offer easy financing solutions to potential car buyers.
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.