Indian Market: Sensex up 632.13 pts
May 27, 2022, at 10:38 pm
Mumbai: The BSE Sensex on Friday spurted 632.13 pts to close at 54,884.66 following gains in IT, Technology, Capital Goods and Finance stocks.
High WPI inflation to impact retail inflation: RBI
May 27, 2022, at 08:53 pm
Mumbai: Amid rising commodity prices and supply chain bottlenecks, the Reserve Bank of India (RBI) on Friday cautioned about the high wholesale price inflation impacting the retail inflation.
Import of paper brought under Compulsory Registration from Oct 1 to address dumping concerns
May 27, 2022, at 02:14 am
The import policy of major paper products has been amended from ‘Free’ to ‘Free subject to compulsory registration under Paper Import Monitoring System’, the Ministry of Commerce & Industry said Thursday.
Fake reviews on e-commerce platforms under Centre’s radar
May 27, 2022, at 01:37 am
New Delhi: The government has decided to crack its whip on fake reviews on e-commerce platforms that mislead consumers into buying online services or products.
L&T named Second Strongest Global Engineering & Construction Brand
May 26, 2022, at 10:02 pm
New Delhi: Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has been named as the ‘Second Strongest Brand’ among the top 50 Global Engineering and Construction (E&C) companies – by Brand Finance, a global brand valuation consultancy.
Infosys reappoints Salil Parekh as MD & CEO
May 26, 2022, at 09:48 pm
Mumbai: IT services company Infosys has reappointed Salil Parekh as its CEO and Managing Director for a five-year term ending March 2027. Parekh has been the Chief Executive Officer and Managing Director of Infosys since January 2018.
GRSE Q4FY22: PAT down 25 pc YoY to Rs 47 cr; revenue grows 37 pc to Rs 545 cr
May 26, 2022, at 07:06 pm
Kolkata: Garden Reach Shipbuilders & Engineers Limited (GRSE) Wednesday reported a PAT of Rs 47.19 crore for Q4FY22, down 25.02 percent compared to Rs 62.94 percent the year-ago period.
Rupee falls six paise against USD
May 26, 2022, at 05:21 pm
Mumbai/UNI: The Rupee on Thursday eased by six paise at 77.58 in the opening session against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
India Cements enters into strategic collaboration with deep-tech startup Tvasta
May 26, 2022, at 05:07 pm
Chennai/IBNS: Cement manufacturing major India Cements Ltd and Chennai-based deep-tech startup Tvasta Manufacturing Solutions forged a strategic collaboration, marking the beginning of an ‘Age of Sustainability’ in the Indian Construction Industry.
BPCL Q4Fy22 net profit dips 82 pc YoY to Rs 2,131 cr; revenue from ops jumps 25 pc
May 26, 2022, at 04:16 pm
Mumbai: State-run Bharat Petroleum Wednesday posted a net profit of Rs 2,131 crore in the January-March quarter of FY22, down 82 percent compared to Rs 11,940.13 crore in the year-ago period.
Canada's fast-growing real estate firm Save Max celebrates 12th Anniversary with glitzy Awards Night
May 26, 2022, at 06:15 am
Toronto: Save Max Real Estate Inc. held its 12th Annual Awards Ceremony on May 19, to appreciate all their agents, employees and franchise partners for their performance and service for the year 2021.
Cabinet Committee on Economic Affairs approves sale of govt's residual stake in HZL
May 26, 2022, at 05:55 am
New Delhi: The Union Cabinet on Wednesday approved the sale of the government's 29.58 percent stake in Hindustan Zinc Ltd.
Coal India Q4Fy22 Results: Net profit soars 46 pc to Rs 6,692
May 26, 2022, at 05:07 am
Mumbai: Mining behemoth Coal India Wednesday announced a consolidated net profit of Rs 6,692.94 crore for the quarter ending March 31, 2022, surging 45.91 percent from Rs 4,586.78 crore in the same quarter last year.
IndiGo's Q4Fy22 loss widens to Rs 1,682 cr
May 26, 2022, at 02:43 am
Mumbai: InterGlobe Aviation which runs budget airlines IndiGo said Wednesday that its losses in Q4FY22 went up to Rs 1,681.80 crore compared to Rs 1147.20 crore in the year-ago period.
India will continue to allow wheat export to countries in need: Piyush Goyal in Davos
May 26, 2022, at 12:46 am
New Delhi/IBNS: India will continue to allow wheat export to countries in serious need, are friendly and have a letter of credit, Union Minister Piyush Goyal said while speaking at the World Economic Forum at Davos, Switzerland.
Hindustan Zinc stock prices go up after buzz over govt's stake sale: Report
May 26, 2022, at 12:24 am
New Delhi: The Union Cabinet may have approved a stake sale in Hindustan Zinc, media reports said, after which the stocks of the company soared 7 percent.
Ukraine War: Starbucks announces permanent exit from Russia after 15 yrs
May 26, 2022, at 12:17 am
Starbucks has announced its exit from Russia two months after it stopped doing business in the country in the wake of Russia's invasion of Ukraine.
Indian market: Sensex down 303.35 pts
May 25, 2022, at 10:05 pm
Mumbai: The BSE Sensex on Wednesday dropped 303.35 pts to settle at 53,749.27 on heavy selling in IT, Realty, Industrials and Capital Goods stocks.
Maharashtra govt must reduce 50 per cent tax on petrol & diesel: BJP
May 25, 2022, at 08:49 pm
Aurangabad: BJP State Secretary Pravin Ghuge on Wednesday sought to reduce 50 per cent tax on petrol and diesel by the MVA-led Thackeray government like in case of alcohol.
Indian Market: Sensex recovers over 200 pts
May 25, 2022, at 03:47 pm
Mumbai/UNI: The BSE Sensex on Wednesday recovered 220.08 points at 54,272.69 in opening session on the strength of FMCG, Finance, Health Care and Bankex stocks.
May 25, 2022, at 07:28 am
Kolkata: Hosiery and apparel manufacturer Dollar Industries Tuesday said it is planning to invest Rs 120 crore by 2025, covering capacity expansion and new product launches.
Indian Rupee falls 7 paise against USD
May 24, 2022, at 10:14 pm
Mumbai: The Rupee on Tuesday slipped seven paise to close at 77.58 against the USD on rising demand for US Dollars by bankers and importers, dealers at the Foreign Exchange said.
May 24, 2022, at 09:58 pm
Mumbai: Tech Mahindra on Tuesday fell 3.88 per cent to Rs 1,098.50, a major loser in the 30 scrips of the Bombay Stock Exchange (BSE).
Indian Market: Sensex drops 236 pts
May 24, 2022, at 09:46 pm
Mumbai: The BSE Sensex on Tuesday tumbled down 236 pts to settle at 54,052.61 on heavy selling in IT, Utilities, Power and Technology stocks.
Bank of India reports two-fold jump in PAT in Q4
May 24, 2022, at 08:31 pm
Mumbai: Bank of India(BOI) on Tuesday reported a nearly two fold jump in net profit for the quarter ended March 31 at Rs 606 crore on the back of higher net interest income and better asset quality.
Delhivery IPO debut expected tomorrow, grey market indicates discounted listing
May 24, 2022, at 06:20 pm
Mumbai/IBNS: The Indian logistics and supply chain enterprise Delhivery's shares expected to hit Dalal Street on Tuesday.
India, US sign investment incentive agreement in Tokyo
May 24, 2022, at 03:02 am
New Delhi/IBNS: The governments of India and of the United States signed an Investment Incentive Agreement (IIA) on Monday in Japan's Tokyo.
Indian Rupee rises by 3 paise against USD
May 23, 2022, at 11:01 pm
Mumbai: The Rupee on Monday gained three paise to close at 77.51 against the USD on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Tata Steel moves down by 12.53 pc to Rs 1023.60
May 23, 2022, at 10:21 pm
Mumbai/UNI: Tata Steel on Monday fell 12.53 pc to Rs 1023.60, a major loser in the 30 scrips of BSE.
Indian Market: Sensex drops 37.78 points
May 23, 2022, at 09:55 pm
Mumbai: The BSE Sensex on Monday fell by 37.78 pts to close at 54,288.61 as selling was seen in Metal, Materials, Oil and Gas and Energy stocks.