Kotak Group Unveils Kotak Private – a Comprehensive Platform for UHNIs and HNIs
May 19, 2022, at 01:01 am
Kolkata: Kotak Mahindra Group today unveiled Kotak Private covering the entire gamut of solutions for ultra-high net worth individuals (UHNI) and high net worth (HNI) individuals, comprising entrepreneurs, business families, and professionals.
Kotak Alternate Assets to launch Rs 1000 crore Private Credit Fund
May 19, 2022, at 12:43 am
Kolkata: Kotak Alternate Assets, managed by Kotak Investment Advisors Limited (KIAL) today announced plans to launch a Rs 1,000 crore Private Credit Fund under the alternative investment fund (AIF) category II.
Indian Overseas Bank Q4FY22 net profit up 21.5 YoY to Rs 552 cr; FY22 doubles to Rs 1,709 crore
May 19, 2022, at 12:36 am
Kolkata: Public sector lender India Overseas Bank reported a net profit of Rs 552 crore in the quarter ended March 31, 2022, up 21.5 percent YoY compared to Rs 454 crore in the same quarter of FY21.
IndiGo appoints Pieter Elbers Chief Executive Officer, Rono Dutta retires
May 18, 2022, at 11:31 pm
New Delhi: The Board of Directors of InterGlobe Aviation Limited (IndiGo) appoints Pieter Elbers as Chief Executive Officer, subject to regulatory approvals.
Indian Market: Sensex falls 109.94 pts
May 18, 2022, at 11:10 pm
Mumbai: Snapping a gaining streak of the last two sessions, the BSE Sensex on Wednesday dropped 109.94 pts to settle at 54,208.53 on profit bookings by local operators.
Goldman Sachs likely to invest Rs 2,700 crore in PharmEasy parent: Report
May 18, 2022, at 10:32 pm
Goldman Sachs is in the advanced stages of talks to invest $350 million (Rs 2,700 crore) in API Holdings, the promoter of online pharmacy company PharmEasy, ET reported.
May 18, 2022, at 05:05 pm
Mumbai/UNI: The BSE Sensex on Wednesday surged 286 pts at 54,604.54 in the opening session as buying was seen across the board.
Netflix lays off 150 US-based jobs
May 18, 2022, at 05:03 pm
Washington/UNI: Netflix has laid off about 150 employees a month after it announced loss of subscribers for the first time in a decade.
May 18, 2022, at 02:38 pm
New Delhi: Petrol and diesel prices remained unchanged for the 42nd day in a row on Wednesday.
India's mineral production goes up by 4 percent in March 2022
May 17, 2022, at 11:58 pm
New Delhi: The index of mineral production of mining and quarrying sector for the month of March, 2022 (Base: 2011-12=100) at 144.6, was 4.0 percent higher as compared to the level in March, 2021.
Indian Market: Sensex rallied 1,344.63 points
May 17, 2022, at 09:47 pm
New Delhi: The BSE Sensex on Tuesday soared 1,344.63 points to close at 54,318.47 on positive global cues.
Tata Power partners with Hyundai Motor India to power-up EV-charging Infrastructure in India
May 17, 2022, at 07:33 pm
Tata Power, one of India's largest integrated power companies and a leading EV charging infrastructure provider, has entered into a strategic partnership with Hyundai Motor India Ltd. (HMIL).
SpiceJet appoints Anil Singla as Vice President and Head of Engineering
May 17, 2022, at 07:23 pm
Gurugram/IBNS: Indian airline SpiceJet has announced the appointment of Anil Singla as Vice President and Head of Engineering.
Adani Group to acquire 49 percent stake in digital news platform Quint
May 17, 2022, at 06:12 pm
Mumbai/IBNS: Indian billionaire Gautam Adani's Adani Group is set to acquire 49 percent stake in Raghav Bahl-run digital business news platform Quintillion Business Media, popularly know as The Quint, media reports said.
Indian Market: Sensex up over 300 pts
May 17, 2022, at 04:02 pm
Mumbai: The BSE Sensex on Tuesday gained 343 pts at 53, 317.50 in opening session as buying was seen across the board.
Pawan Hans sale put on hold after NCLT order against winning consortium member
May 17, 2022, at 05:36 am
New Delhi: Government has put on hold the sale of Pawan Hans as it is scrutinizing the legal aspects of an NCLT order on Alamas Global, which is one of the members of the winning consortium, according to reports.
At least 59 pc of inflation increase due to war impact: SBI report
May 17, 2022, at 04:57 am
At least 59 percent of the increase in inflation is because of geopolitical conflict. Against the continued increase in inflation, it is now almost certain that RBI will raise rates in the forthcoming June and August policy and will take it to the pre-pandemic level of 5.15 percent by August.
May 17, 2022, at 04:54 am
Kolkata/IBNS: The Ambassador of the Grand-Duchy of Luxembourg Peggy Frantzen highlighted green finance, space, Artificial Intelligence (AI), and health as potential areas of collaboration with India.
Snoop Dogg jokes about buying Twitter, Elon Musk joins in
May 17, 2022, at 02:38 am
San Francisco/UNI: With Elon Musk putting his acquisition of Twitter on hold, rapper Snoop Dogg joked about the "right time for him to buy the online microblogging social media platform".
Adani Group acquires Holcim's stake in Ambuja Cement to become 2nd biggest producer in India
May 17, 2022, at 01:26 am
Gautam Adani-led Adani Group has acquired Holcim's stake in Ambuja Cement and its subsidiary ACC at a price tag of $10.5 billion (around Rs 81,361 crore).
NTPC moves up 3.05 pc to Rs 148.45
May 16, 2022, at 11:20 pm
Mumbai: NTPC on Monday gained 3.05 pc to Rs 148.45 a major gainer in 30 scrips of BSE.
Indian Market: Sensex recovers 180.22 pts
May 16, 2022, at 10:53 pm
Mumbai: Snapping a losing streak of last six sessions, the BSE Sensex on Monday recovered 180.22 pts to close at 52,973.84 on the strength of Telecom, Auto, Power and Realty stocks.
Indian Market: Sensex up 500 points
May 16, 2022, at 05:53 pm
Mumbai: The BSE Sensex on Monday rallied 563.28 pts at 53, 356.90 in opening session as buying was seen across the board.
May 16, 2022, at 12:36 am
Mumbai: E-commerce giant Amazon on Sunday said it has cumulatively created over 11.6 lakh direct and indirect jobs; enabled nearly $5 billion in exports and digitized over 40 lakh MSMEs in India.
Govt launches GatiShakti Sanchar portal to accelerate RoW approvals ahead of 5G roll-out
May 16, 2022, at 12:28 am
New Delhi: Communications, Electronics & IT on Saturday launched "GatiShakti Sanchar” portal for Centralised Right of Way (RoW) approvals in order to speed up fibre laying and tower installations, ahead of the 5G roll-out in the country.
Piyush Goyal consults industry as part of India’s FTA negotiations with UK, EU and Canada
May 16, 2022, at 12:10 am
New Delhi: Commerce and Industry Minister Piyush Goyal held a day-long stakeholder consultation with various sectors of the industry in Mumbai on Saturday on India’s ongoing negotiations on Free Trade Agreements with Canada, the United Kingdom and the European Union.
Raima Sen launches Unite Deals' new electric scooter
May 15, 2022, at 05:18 am
Kolkata/IBNS: Indian actor Raima Sen Saturday launched Unite Deal's new electric scooter in Howrah, a neighbouring district of the capital city of West Bengal, Kolkata.
LIC fixes IPO price at Rs 949 apiece, listing could begin Tuesday
May 15, 2022, at 04:11 am
Mumbai/IBNS: Life Insurance Corporation (LIC), whose public issue ended Monday, has fixed its IPO price at Rs 949 apiece.
Global supplies and logistical bottlenecks have impacted prices in India: Rajnath Singh
May 15, 2022, at 04:09 am
Lucknow/UNI: Defence Minister Rajnath Singh on Saturday said that Russia-Ukraine conflict has affected the global supplies and has created a logistical bottleneck which has impacted the prices of commodities and as a result core inflation has increased slightly .
Maruti Suzuki to invest Rs 11,000 cr in 1st phase of Sonipat plant
May 14, 2022, at 10:08 pm
New Delhi: India's largest car manufacturer Maruti Suzuki will invest Rs 11,000 crore to make operational the first phase of its new manufacturing facility in Haryana's Sonipat, according to an ET report.