PTC India wins Mumbai Port Trust tender
Jan 11, 2022, at 11:56 pm
New Delhi/IBNS: State-owned power trading solutions provider PTC India has won the bid for providing “Technical Advisory Services, Operation & Maintenance of Electrical HT & LT network, System& Consumer Energy Metering & Billing Support to Mumbai Port Trust (MbPT) for a period of three years”.
Investec rates JSL as Buy @ Target Price of 314
Jan 11, 2022, at 11:39 pm
Jindal Stainless Steel (JSL), post-merger, would rank amongst the top 10 global stainless steel mills, offering a simplified structure and high liquidity, according to the Initial Coverage Report by Investec.
Bandhan celebrates convocation of NextGen Banker’s PG Diploma students
Jan 11, 2022, at 09:13 pm
Kolkata: Bandhan Konnagar, the development work implementing wing of Bandhan Bank, recently became a part of the convocation ceremony for the first batch passing out the PG Diploma Course in Banking and Finance affiliated with MAKAUT.
Govt to become largest shareholder in Vodafone Idea
Jan 11, 2022, at 05:20 pm
New Delhi/UNI: The Board of stressed telecom company Vodafone Idea has approved conversion of interest on spectrum auction installments and adjusted gross revenue (AGR) dues into equity.
Dubai Expo 2022: J&K inks six investment agreements
Jan 11, 2022, at 12:46 am
Srinagar/IBNS: From real estate to tourism sector, Jammu and Kashmir has wooed investors to sign crucial business deals at the Dubai Expo 2020.
Watch brand Titan up 3.12 pc to Rs 2,653
Jan 10, 2022, at 11:03 pm
Mumbai/UNI: Titan on Monday moved up 3.12 per cent to Rs 2,653, a major gainer in 30 scrips of BSE.
Indian Market: Sensex spurts 650.98 points
Jan 10, 2022, at 10:30 pm
Mumbai/UNI: The BSE Sensex on Monday rallied further by 650.98 points, breaching 60,000 at 60,395.63 points, on the strength of capital goods, realty, bankex and finance stocks.
Axis Mutual Fund launches ‘Axis CPSE Plus SDL 2025 70:30 Debt Index Fund’
Jan 10, 2022, at 10:11 pm
New Delhi: Axis Mutual Fund, one of the fastest growing fund houses in India, announced the launch of their new fund offer – ‘Axis CPSE Plus SDL 2025 70:30 Debt Index Fund’.
Jan 10, 2022, at 04:40 pm
Mumbai/UNI: The BSE Sensex on Monday rallied 497.25 points to 60,241.90 in the opening session as buying was seen across the board.
Sovereign Gold Bond scheme starts from today
Jan 10, 2022, at 02:19 pm
New Delhi: The Indian government will initiate the ninth series of the Sovereign Gold Bond 2021-22 on Monday.
Former RBI Governor Urjit Patel appointed vice-president of AIIB
Jan 10, 2022, at 07:39 am
Beijing/IBNS: Ex-RBI Governor Urjit Patel has been appointed as a vice-president of the Beijing-based Asian Infrastructure Investment Bank (AIIB), media reports said.
Amazon files fresh law suits in dispute with Future group: Report
Jan 10, 2022, at 03:36 am
New Delhi/IBNS: Amazon has approached the courts challenging the recent decisions in its protracted legal dispute with Kishore Biyani-led Future Group after the Competition Commission of India suspended a 2019 deal between the two sides, leading to a halt in their arbitration, Reuters reported on Sunday citing sources.
Reliance buys iconic hotel Mandarin Oriental New York
Jan 09, 2022, at 06:41 am
New Delhi/UNI: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Saturday announced that one of its group firms has signed a $ 98.15 million deal to acquire a Cayman Islands firm that owns iconic luxury hotel Mandarin Oriental New York in New York City.
Jan 08, 2022, at 04:21 pm
New Delhi/UNI: The fuel prices continued to be steady as petrol and diesel prices remained unchanged on Saturday.
Indian Market: Sensex recovers 142.81 points
Jan 07, 2022, at 11:39 pm
Mumbai/UNI: The BSE Sensex on Friday recovered 142.81 points at 59,744.65 on fresh buying in materials, oil and gas, energy and bankex stocks.
Google Cloud and CryptoWire unite to develop blockchain, crypto ecosystem
Jan 06, 2022, at 11:44 pm
New Delhi/IBNS: TickerPlant, a subsidiary of 63 moons technologies limited, on Thursday announced its collaboration with Google Cloud for the development of the CryptoWire ecosystem, catering to all stakeholders of the crypto and blockchain industry on a common platform.
IRB executes concession agreement for Ganga Expressway project
Jan 06, 2022, at 11:36 pm
Mumbai/UNI: Toll road firm IRB Infrastructure Developers on Thursday said that it has executed the concession agreement with Uttar Pradesh Expressways Industrial Development Authority (UP EIDA) for the development of the 129 km section between Meerut and Budaun on the Ganga Expressway project.
Centre releases revenue deficit grant of Rs 9,871 crore to 17 states
Jan 06, 2022, at 10:17 pm
New Delhi/UNI: The Centre on Thursday said that it has released a revenue deficit grant of Rs 9,871 crore to 17 states.
RIL raises $4 bn in largest-ever foreign currency bond
Jan 06, 2022, at 10:09 pm
New Delhi/UNI: As part of its mega dollar-denominated bond issue, Mukesh Ambani-led Reliance Industries Ltd (RIL) has raised $4 billion joining a select group of issuers from Asia to have made jumbo bond issuances.
Sensex crashes over 800 points
Jan 06, 2022, at 08:40 pm
Mumbai/UNI: The BSE Sensex on Thursday crashed 829.33 points, to move below 60K to 59,393.82 as selling was seen across the board.
Cairn Energy withdraws all litigations against India in retrospective tax case
Jan 06, 2022, at 06:12 pm
New Delhi/IBNS: Cairn Energy, now known as Capricorn energy, has withdrawn all cases in relation to retrospective taxes, allowing the Indian government to roll back the tax regimen and refund the taxes collected in this regard to the company, media reports said.
Adani Enterprises wins major coal import contract with NTPC
Jan 06, 2022, at 05:21 pm
Adani Enterprises Ltd has bagged a big contract with state-run power manufacturer NTPC to supply overseas coal as India plans to avoid a repeat of coal shortage that occurred last year due to flooding of coal mines and soaring demand, media reports said.
Jan 06, 2022, at 05:29 am
Delhi/IBNS: The Delhi High Court on Wednesday told the Enforcement Directorate (ED) that it cannot force a top Amazon executive, who lives in Mumbai and is a mother of an unvaccinated two-year-old child, to be physically present to answer summons as part of its probe into the Amazon Future Group deal, media reports said.
HDFC Bank signs MoU with AIC STPINEXT INITIATIVES to support start-ups
Jan 06, 2022, at 03:30 am
Mumbai/IBNS: HDFC Bank has signed an MoU with AIC STPINEXT INITIATIVES, a special purpose vehicle for Software Technology Parks of India's (STPI) to cater to the banking needs to start ups and other value-added services under SMARTUP Programme.
Alka Mittal becomes first woman to head ONGC
Jan 06, 2022, at 02:03 am
Mumbai/IBNS: State-owned exploration and production company Oil and Natural Gas Company (ONGC) appointed Alka Mittal as its first woman chairman and managing director.
Jan 06, 2022, at 01:04 am
New Delhi/IBNS: Total retail sales of vehicles in the month of December 2021 stood at 15,58,756 down by 16 percent year-on-year while overall retails continue to fall by 6 percent when compared to December 2019 (a regular pre-covid month), according to the data shared by the Federation of Automobile Dealers Association (FADA).
Indian Market: Sensex up 367.22 pts
Jan 05, 2022, at 09:47 pm
Mumbai/UNI: The BSE Sensex on Wednesday advanced 367.22 pts to close high at 60,223.15 following gains in Bajaj finance, Bajaj Finserv, Kotak Bank and Axis Bank.
Axis Mutual Fund launches ‘Axis Nifty Next 50 Index Fund’
Jan 05, 2022, at 08:23 pm
New Delhi: Axis Mutual Fund, one of the leading asset management companies in India announced the launch of Axis Nifty Next 50 Index Fund (An Open Ended Index Fund tracking the NIFTY NEXT 50 Index), on Wednesday.
Zupee announces Strategic Partnership with Reliance Jio
Jan 05, 2022, at 06:55 pm
Mumbai: Zupee, India's largest skill-based casual gaming company, has announced a first-of-its-kind strategic partnership with Jio Platforms Limited.
Indian Market: Sensex up 60 points
Jan 05, 2022, at 06:31 pm
Mumbai/UNI: The BSE Sensex on Wednesday rose 60 points to open to 59,921.98 following gains in FMCG, Finance and Health Care stocks.