Bajaj Finance moves up by 3.57 pc to Rs 4018.75

Oct 16, 2019, at 05:07 pm

Mumbai, Oct 16 (UNI) Bajaj Finance on Wednesday moved up by 3.57 per cent to Rs 4018.75 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

Indian Market: Sensex gains 92.90 pts

Oct 16, 2019, at 05:03 pm

Mumbai, Oct 16 (UNI) Extending gains for the fourth straight day, the BSE Sensex on Wednesday moved up by 92.90 points to 38,598.99 on the strength of buying in ONGC, Yes Bank and HDFC scrips tracking positive Asian cues.

Exide enters e-rickshaw business

Oct 16, 2019, at 01:32 pm

Kolkata: Exide Industries Ltd, the stored energy solutions provider, on Wednesday announced its entry into the burgeoning e-rickshaw market of India by launching its first model branded “Exide Neo”.

Everything about Zero Depreciation Car Insurance Explained

Oct 15, 2019, at 06:46 pm

A family went out for a picnic in two cars, each of which was loaded with the family members only. Both were Toyota Fortuner of 2018 and 2019 model. The latest model of Fortuner had add-ons of Consumable cover and Zero Depreciation purchased under the Comprehensive Cover. On the other hand, Fortuner 2018 was a 1-year-old car covered with Comprehensive Insurance Policy only. On the way, a biker came speeding to merge in traffic and just a few minutes both the cars banged. The owner of the car filed claims to the insurer but there was a difference between the amount of settlement. Other than the variation in the extent of damages, the settled claim amount was different due to the Zero Depreciation Cover. Let us understand Zero Depreciation Car Insurance in detail.

Indian market: Sensex ends firm at 38,506.09; up 291.62 pts

Oct 15, 2019, at 05:45 pm

Mumbai, Oct 15 (UNI) The BSE Sensex remained strong for the third straight session on Tuesday as it advanced by 291.62 points to 38,506.09 on brisk gains in Auto, Bankex, Powergrid and Metal stocks tracking positive global sentiments triggered by China confirming phase-one trade deal with the US.

Indian rupee down 31 paise to 71.54 against USD

Oct 15, 2019, at 05:42 pm

Mumbai, Oct 15 (UNI) The Rupee on Tuesday slid by 31 paise to 71.54 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market.

IRCTC stock doubles on listing day

Oct 15, 2019, at 02:51 pm

Mumbai: The share price of Indian Railway Catering and Tourism Corporation (IRCTC) more than doubled the wealth of investors on Monday, as the government run entity listed at Rs 644 on the Bombay Stock Exchange (BSE), as against its issue price of Rs 320.

Amid gain in Asian markets, bourses open on positive note

Oct 15, 2019, at 11:08 am

Mumbai: The markets opened on a positive note on Tuesday with Sensex opening more than 150 points higher than its previous close, in line with gains in Asian markets.

Shiv Nadar tops EdelGive Hurun India Philanthropy List 2019, Azim Premji and Mukesh Ambani follow

Oct 14, 2019, at 10:43 pm

Kolkata: EdelGive Foundation and Hurun Report India on Monday unveiled the sixth edition of ‘EdelGive Hurun India Philanthropy List 2019’. 

RBI relaxes withdrawal limit to Rs 40,000 for PMC bank depositors

Oct 14, 2019, at 10:35 pm

Mumbai: The Reserve Bank of India (RBI) has raised the withdrawal limit for account holders of trouble-torn Punjab Maharashtra Cooperative Bank to Rs 40,000 from Rs 25,000 after going through its liquidity position and ability to pay its depositors.

Nirmala Sitharaman assures Public Sector Banks in good health, have enough liquidity

Oct 14, 2019, at 09:44 pm

New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said that the process of mega merger Public Sector Banks  “is going on smoothly” and progressing in the right direction.

Indian rupee down 15 paise against USD

Oct 14, 2019, at 05:56 pm

Mumbai, Oct 14 (UNI) The Rupee on Monday tumbled down by 15 paise to 71.17 on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.

Indian market: Sensex ends up 87.39 pts

Oct 14, 2019, at 05:50 pm

Mumbai, Oct 14 (UNI) The BSE Sensex on Monday moved up by 87.39 points to 38,214.47 following gains in Telecom, Auto, Bankex, Realty and Metal stocks amid positive global cues.

Tata Motors move up by 5.32 pc to Rs 127.80

Oct 14, 2019, at 05:48 pm

Mumbai, Oct 14 (UNI) Tata Motors on Monday surged by 5.32 pc to Rs 127.80 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

Abhijit Vinayak Banerjee: Presidency-JNU alumnus jointly bags Nobel Prize

Oct 14, 2019, at 05:19 pm

New Delhi, Oct 14 (UNI) Indian-American Abhijit Vinayak Banerjee, his wife Esther Duflo and Michael Kremer of the US jointly won the 2019 Nobel Economics Prize on Monday for their experimental approach to 'alleviating global poverty'.

India's wholesale price inflation eases to 0.33% in September

Oct 14, 2019, at 04:42 pm

New Delhi: India's wholesale price inflation stood at o.33 percent in September, revealed government data released on Monday.

IRCTC registers bumper opening at the stock markets

Oct 14, 2019, at 03:04 pm

Mumbai: Indian Railway Catering and Tourism Corporation (IRCTC) shares had a stellar debut at the BSE and NSE with prices of the share going up more than twice the issue price on both the listings.

World Bank slashes India's growth forecast to 6 percent

Oct 13, 2019, at 06:04 pm

New Delhi: The World Bank on Sunday reduced the growth forecast for India in the current fiscal year to 6 percent.

Bhushan Power & Steel Ltd assets worth Rs 4025.23 Cr seized in a bank fraud case

Oct 12, 2019, at 09:53 pm

New Delhi, Oct 12 (UNI) Enforcement Directorate (ED) has attached immovable properties of Bhushan Power and Steel Limited (BPSL) worth of Rs 4025.23 crore under the Prevention of Money Laundering Act (PMLA) in a bank fraud case, an official release said here on Saturday.

Indian economy exposed to risks as private consumption declines: RBI Report

Oct 12, 2019, at 09:29 pm

Mumbai:The Reserve Bank of India in its Oct 2019 Monetary Policy report has said that the sagging private consumption poses risks to the Indian economy in future.

To meet demand for skilled workers in Japan Sona Yukti to train 100,000 in Japanese language

Oct 12, 2019, at 04:52 pm

Bengaluru: The Japanese Government has drawn up an elaborate plan to attract global talent to work in Japan in order to meet its requirement of 8,45,000 workers by 2025.  

After Rana Plaza factory collapse in Bangladesh, have conditions in garment factories improved?

Oct 12, 2019, at 01:58 pm

Kolkata, Oct 12 (IBNS): Worker safety and working conditions in factories that supply fast fashion and garments to some of the world’s biggest brands remain ‘fragile’ despite increased vigilance since the 2013 Rana Plaza disaster in Bangladesh, according to a recently concluded research.

Domestic stock markets showed improvements as global peers made gains

Oct 11, 2019, at 09:48 pm

Mumbai: The BSE Sensex gained 465.01 points to close at 38,345.41, while the broader NSE Nifty benchmark rose gained as much as 11,362.90, up 128.35 points.

India's industrial production drops to 1.1% in August

Oct 11, 2019, at 06:27 pm

New Delhi:  India's industrial output contracted by 1.1 percent in August, as per government data released on Friday.

PayPal India launches ‘Ab Diwali 365 days wali’ consumer campaign

Oct 11, 2019, at 05:26 pm

Mumbai: PayPal India on Friday launched its second marketing campaign themed – ‘Ab Diwali 365 days wali’.  

Datsun India launches the Most Affordable CVT in the segment

Oct 11, 2019, at 05:23 pm

Kolkata: Automobile giant Nissan India on Friday launched the CVT version of its Datsun GO and GO+ at an attractive introductory price of INR 5.94 Lakh and INR 6.58 Lakh respectively.

Jaime Ardila joins Ola Electric’s board

Oct 11, 2019, at 04:46 pm

Kolkata: Ola Electric Mobility Pvt Ltd (Ola Electric) on Friday announced the appointment of Jaime Ardila as a member of the company’s Board of Directors.

India's September passenger vehicle sales drops by 23.56 pct

Oct 11, 2019, at 04:40 pm

New Delhi:  The sale of Passenger Vehicles declined by 23.56 percent in April-September 2019 over the same period last year, revealed  the Society of Indian Automobile Manufacturers (SIAM) data released on Friday.

India seeks investment from Central Europe

Oct 10, 2019, at 07:30 pm

New Delhi, Oct 10 (IBNS): A high-level Government - industry delegation led by Secretary in the Department of Heavy Industry Asha Ram Sihag is reaching out to top Czech companies, including Volkswagen and Skoda Transporation to scale up their investment in India, leveraging the country as their global supply chain hub.

Yes Bank appoints Anita Pai as Chief Operating Officer

Oct 10, 2019, at 04:06 pm

Mumbai: Yes Bank, India’s fourth largest private sector bank, on Thursday announced the appointment of Anita Pai as Chief Operating Officer and Jasneet Bachal as Chief Marketing Officer of the Bank.