Hyundai Motor Company reports BL11.6 percent decline in global wholesale volume
Apr 23, 2020, at 03:22 pm
Seoul/IBNS: Hyundai Motor Company on Thursday announced its business results for the first quarter of 2020, reporting an 11.6 percent decline in global wholesale volume due mainly to temporary production disruption at its Korean facilities and weak global demand caused by COVID-19.
Indian govt employees, pensioners not to get hike in DA till June 2021 due to Coronavirus outbreak
Apr 23, 2020, at 02:57 pm
New Delhi/UNI: The additional installment of Dearness Allowance to Central government employees and Dearness Relief to Central government pensioners due from January 1, 2020, will not be paid because of the financial strains due to the Novel Coronavirus crisis, the government said on Thursday.
Indian Rupee ends strong at 76.07 against USD
Apr 23, 2020, at 02:40 pm
Mumbai/UNI: The Rupee remained robust for another day on Thursday, as it advanced by 60 paise to close at 76.07 on brisk selling of US dollar by bankers and exporters dealers at the forex market informed.
After Facebook deal, Mukesh Ambani becomes Asia's richest person again
Apr 23, 2020, at 02:24 pm
Mumbai/IBNS: Indian businessman Mukesh Ambani pipped China's Jack Ma to once again become Asia's richest person after striking a deal with Mark Zuckerberg's Facebook Inc. a day ago, media reports said.
Stock market: Sensex rallied by 267 pts
Apr 23, 2020, at 11:32 am
Mumbai/UNI: The benchmark index of Bombay stock exchange on Thursday further gained by 267 pts to open at 31,646.45 on renewed buying in metal, materials, health care and FMCG stocks amid positive global cues.
Buzinessbytes salutes real-life Covid-19 heroes
Apr 22, 2020, at 10:09 pm
New Delhi: Buzinessbytes, a one-stop solution of news requirements, recently launched a video saluting the real-life heroes who have made it possible to lead a good life despite coronavirus pandemic.
COVID-19: PayNearby outlets offer users to withdraw Direct Benefit Transfer funds and cash
Apr 22, 2020, at 07:02 pm
New Delhi/IBNS: PayNearby, the hyperlocal fintech network builder, through its 8 lakh network of banking correspondents has been seamlessly facilitating cash withdrawal and transfer in this period - conducting over 8.5 lakh transactions per day.
Indian Market: Sensex bounces back by 742.84 pts
Apr 22, 2020, at 04:55 pm
Mumbai/UNI: The BSE Sensex on Wednesday bounced back by 742.84 pts to 31,379.55 on the buying in Energy, auto, bankex and Consumer Durable stocks.
Reliance industries rallied by 10.30 pc to Rs 1363.35
Apr 22, 2020, at 04:55 pm
Mumbai/UNI: Reliance industries on Wednesday surged by 10.30 pc to Rs 1363.35 was the major gainer in 30 scrips of BSE.
COVID-19 to cause biggest economic contraction ever in Latin America & Caribbean
Apr 22, 2020, at 01:31 pm
New York/IBNS: The COVID-19 pandemic will herald the worst economic contraction in the history of Latin American and the Caribbean, with a projected -5.3 per cent drop in activity this year, according to a report by the UN office for the region, ECLAC, published on Tuesday.
Apr 22, 2020, at 01:19 pm
New Delhi/IBNS: Fieldfresh Foods Pvt. Ltd on Wednesday announced strategic tie-ups for its premium food brand, Del Monte, with online food delivering platforms Zomato and Swiggy as well as door to door delivery app Dunzo to deliver its range of premium food products - which include Tomato Ketchup, Mayo, Pasta, Olive Oil and fruit drinks - to consumers’ homes amidst the continuing lockdown.
Indian Market: Sensex up by 220 pts
Apr 22, 2020, at 11:26 am
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday jumped by 220 pts to 30,856.14 in opening trade on fresh buying in Energy, IT and Technology stocks amid weak global cues.
Indian Rupee marginally up by 2 paise against USD
Apr 22, 2020, at 11:23 am
Mumbai/UNI: The Rupee on Wednesday rose slightly by 2 paise to 76.82 against the US dollar in opening trade on fresh selling of US dollar by bankers and exporters, dealers at Forex Market said.
Ducati India defers price hike on extended warranty till June 1
Apr 22, 2020, at 10:51 am
New Delhi/IBNS: Luxury motorcycle brand Ducati India on Wednesday announced a respite in price hike of extended warranty on its motorcycles till May 31.
Facebook buys 9.99 percent stake in Reliance Jio
Apr 22, 2020, at 10:07 am
New York/IBNS: In what is seen as the largest Foreign Direct Investment ( FDI) in the Indian tech sector, social media giant Facebook will buy 9.99 percent stake in Reliance Industries led Jio Platforms.
Kamdhenu Paints donates sanitiser tunnel to Jammu DC office
Apr 21, 2020, at 10:29 pm
Jammu/IBNS: Kamdhenu Paints, a leading paints manufacturer, has donated full body automatic sanitizer tunnel to the Jammu and Kashmir government to be used in the fight against Covid-19 virus.
IndianOil resumes work on select projects, gears to ramp up operations post lockdown
Apr 21, 2020, at 10:20 pm
New Delhi/IBNS: Indian Oil Corporation Limited (IndianOil) has commenced resumption of stalled activities on the projects front and is fully geared to ramp up operations towards normalcy for the post-lockdown scenario, the company said in a recent release.
Tata Motors extends warranty for its customers worldwide
Apr 21, 2020, at 06:12 pm
Mumbai/UNI: Tata Motors company on Tuesday announced that it has extended the warranty period of all its commercial vehicles by two months which are due to expire during the lockdown.
IndusInd Bank moves down by 12.30 pc to Rs 400.80
Apr 21, 2020, at 06:09 pm
Mumbai/UNI: IndusInd Bank on Tuesday slipped by 12.30 pc to Rs 400.80 was the major loser in 30 scrips of BSE.
Indian Market:Â Sensex tanked by 1011.29 pts
Apr 21, 2020, at 06:08 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday plummeted by 1011.29 pts to settle at 30,636.71 snapping a gaining streak of last three sessions, on heavy selling in bankex, metal, capital goods and financial stocks amid weak global cues.
Ascon Infra to start operation in phased manner following selective relaxation of lockdown
Apr 20, 2020, at 10:29 pm
Kolkata/IBNS: Ascon Infrastructure India Ltd, a leading infra company of eastern India, announced that the company shall begin operations post relaxation of lockdown from April 20, 2020.
EU needs roughly $1.6 trillion to overcome COVID-19 crisis – Economic Commissioner
Apr 20, 2020, at 06:55 pm
Moscow/Sputnik: Tackling the implications of the coronavirus epidemic will likely cost the European Union an approximate 1.5 trillion euros ($1.6 trillion), EU Commissioner for Economy Paolo Gentiloni said in an interview with Germany's Spiegel on Monday.
HDFC Bank moves up by 3.91 pc to Rs 946
Apr 20, 2020, at 06:49 pm
Mumbai/UNI: HDFC Bank, which surged by 3.91 pc to Rs 946, was the major gainer in 30 scrips of BSE on Monday.
Indian Market:Â Sensex up by 59.38 pts
Apr 20, 2020, at 06:47 pm
Mumbai/UNI: The BSE Sensex on Monday ended in green at 31648 registering a marginal gains of 59.28 in a choppy trade following renewed buying in FMCG, Telecom Auto and bankex stocks despite weak global cues.
India Market:Â Sensex up by 468 pts
Apr 20, 2020, at 12:02 pm
Mumbai/UNI: The benchmark index of Bombay stock exchange on Monday rallied by 468 pts to 32,056.19 in opening session as buying was seen in IT, Capital goods, realty and technology stocks despite weak Asian Market.
Indian Rupee falls by 4 paise against USD
Apr 20, 2020, at 11:57 am
Mumbai/UNI: Rupee on Monday eased by four paise to 76.43 in opening trade on rising demand for US dollar by bankers and importers, dealers at the Forex Market said.
Covid-19 and your investment strategy post pandemic
Apr 18, 2020, at 11:24 pm
I had shared my below mentioned thoughts on 25th July, 2019 but never wanted to become true....unfortunately, it is a reality within 9 months. Let us go through the old message of my past post once, before we proceed: "I personally sense that we are going to face hard times ahead, a sort of slow down & recession....Cut down all your expenses drastically.Survive only on basic mode. Postpone or drop all your WANTS and spend only on UTMOST NEEDS. Outing, Movies, Shopping, Dining / Drinking, Bday/Anniversary Parties, Get-together meets - ALL these can wait. Stay light, stay tight... Survival should be your utmost priority now."
Apr 18, 2020, at 06:23 pm
New Delhi/IBNS: The Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and amended para 3.1.1 of extant FDI policy as contained in Consolidated FDI Policy, 2017.
Hero Electric announces special online offer on entire range of Electric Scooters
Apr 18, 2020, at 05:42 pm
New Delhi/IBNS: Electric vehicle manufacturer Hero Electric on Saturday announced its online sales scheme on its entire range (excluding Flash lead-acid low speed model).
Apr 18, 2020, at 04:46 pm
Kolkata/IBNS: Walmart Inc., Flipkart and the Walmart Foundation have come together to contribute needed personal protective equipment (PPE) for healthcare workers and financial support for organizations providing essential relief materials to farmers and small businesses to join the battle against the Covid-19 pandemic.