Powerhouse91 acquires fitness brand Slovic, targets 15-20x growth
Nov 24, 2021, at 04:16 am
New Delhi/IBNS: E-commerce aggregator Powerhouse91 announced the acquisition of Slovic, a sports and fitness brand, following the company's recent acquisition of a feminine wellness brand Azah.
Indian Market: Sensex regains 198.44 pts
Nov 23, 2021, at 11:20 pm
Mumbai/UNI: Snapping a losing steak of last four sessions, the BSE Sensex on Tuesday recovered 198.44 pts to close at 58,664.33 on the strength of Power, Metal, Realty and Industrials stocks.
Jammu and Kashmir economy will double in next few years: Nirmala Sitharaman
Nov 23, 2021, at 11:13 pm
Jammu/UNI: Stating that Jammu and Kashmir is rapidly passing through a developmental phase, Union Finance Minister Nirmala Sitharaman on Tuesday said that the economy of Jammu and Kashmir will be doubled in the next few years.
Indian Market: Sensex down over 200 pts
Nov 23, 2021, at 09:21 pm
Mumbai/UNI: The BSE Sensex continued to slide for the fifth session on Tuesday as it dropped 261 pts to 58,204.33 in opening trade, as heavy selling was witnessed in Energy, Finance, IT and Bankex stocks.
Kotak Mahindra Bank launches Fintech Hackathon for gen-next
Nov 23, 2021, at 08:29 pm
Kolkata/IBNS: Kotak Mahindra Bank Limited (KMBL) Monday launched their inaugural edition of a pan-India fintech hackathon- “Reign: REImaGiNe the way we bank!” targeting participation from undergraduate Indian engineering students.
JSPL's African arm to build Botswana coal mine next year
Nov 23, 2021, at 08:19 pm
Gaborone/IBNS: Indian industrial major Jindal Steel and Power Ltd (JSPL) will construct a coal mine in Botswana's Mmamabula coalfields in 2022 to cater to the export market and supply a planned coal-fired power plant, Reuters reported.
SpiceJet to bring back Boeing 737 MAX after 2 years, will offer free broadband
Nov 23, 2021, at 06:07 am
New Delhi/IBNS: The Boeing 737 MAX jetliner, which was grounded for more than two years after 346 people were killed in two fatal air crashes, will be operational by low-cost carrier SpiceJet.
Sensex slumps 1170.12 pts to end at 58,465.85
Nov 22, 2021, at 11:52 pm
Mumbai/UNI: The equity market continued to slide for the fourth consecutive session on Monday, as the BSE Sensex crashed 1170.12 pts to close below 59K at 58,465.85 following heavy selling in Realty, Consumer Durable, Oil and Gas and Energy stocks amid weak Asian Market.
Bajaj Finance moves down by 5.48 pc to Rs 7081.40
Nov 22, 2021, at 11:48 pm
Mumbai/UNI: Bajaj Finance on Monday tumbled down by 5.48 pc to Rs 7081.40, a major loser in 30 scrips of the BSE.
Indian Market Bleeds: Sensex crashes 1170.12 pts
Nov 22, 2021, at 10:11 pm
Mumbai/UNI: The BSE Sensex on Monday crashed 1170.12 pts to close below 59K at 58,465.85 following heavy selling in Realty, Consumer Durable, Oil and Gas and Energy stocks amid weak Asian Market.
Bharti Airtel spikes mobile pre-paid charges by 20-25%, data top-up rates also increased
Nov 22, 2021, at 06:57 pm
New Delhi/UNI: Biting the bullet finally, Bharti Airtel on Monday announced to raise pre-paid mobile tariffs in the range of 20-25% with effect from November 26, 2021.
Indian Market: Sensex crashed over 600 pts
Nov 22, 2021, at 06:52 pm
Mumbai/UNI: The BSE Sensex was in red for the fourth straight session on Monday as it fell by 677.62 pts to 59,958.39 in opening trade, as selling was seen across the board.
Anand Mahindra to support indigenous motorised wheelchair startup
Nov 22, 2021, at 06:55 am
Chennai/IBNS: Business tycoon Anand Mahindra, who freuently lauds and supports inovation and novel ideas on social media, has given his thumbs up to an indigenous motorised wheelchair battery operated vehicle called 'NeoBolt'.
Monetisation of non-core assets: 6 BSNL,MTNL assets put up for bidding
Nov 22, 2021, at 06:07 am
New Delhi/IBNS: Six properties of state-owned telecom carriers Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) have been put up for bidding on the MSTC portal.
RBI panel suggests separate law to prevent illegal digital lending activities
Nov 22, 2021, at 05:21 am
Mumbai/IBNS: A Working Group formed by the Reserve Bank of India (RBI) has made several recommendations, including separate laws to stop illegal digital lending activities, verification of digital lending apps by a nodal agency and establishing a self-regulatory organisation (SRO) covering the participants in the digital lending ecosystem.
Indian Exporters on Amazon gear up for the Black Friday and Cyber Monday Sale
Nov 22, 2021, at 12:29 am
Kolkata/UNI: Amazon India Sunday announced that more than 70,000 Indian exporters which are part of its 'Global Selling Program' have geared up to present ‘Made in India’ products to Amazon's customers during the annual Black Friday and Cyber Monday (BFCM) sale.
Bank of Baroda inaugurates Property Expo at Kolkata, generates 200 housing loan leads
Nov 22, 2021, at 12:24 am
Kolkata/UNI: Bank of Baroda (BoB), a major public sector bank, inaugurated the ‘Property Expo’ on a pan India basis to encourage customers to get connected with the services offered by them.
Della Leaders Club launches Kolkata chapter to aid in building future-fit organisation
Nov 22, 2021, at 12:19 am
Kolkata/IBNS: Della Leaders Club (DLC), a business platform, launched its Kolkata Chapter recently in the presence of its founder Jimmy Mistry.
Don't give away prime assets to pvt sector on platter: ONGC officers' union to govt
Nov 21, 2021, at 11:51 pm
New Delhi/IBNS: The officers' union of the state-run oil exploration and production company ONGC has opposed the petroleum ministry's proposal to disinvest 60 percent stake and operatorship of Mumbai High and Bassein & Satellite (B&S) offshore assets to international partners for raising output, according to media reports.
Jammu and Kashmir: ACS Finance to chair panel to oversee implementation
Nov 20, 2021, at 11:42 pm
Jammu: The Financial Commissioner (Additional Chief Secretary), the Finance department would be the chairman of the committee constituted to oversee the implementation of the manpower audit.
Reliance, Saudi Aramco to re-evaluate proposed investment in O2C business
Nov 20, 2021, at 06:22 pm
Mumbai/IBNS: Reliance Industries Ltd and Saudi Aramco have mutually decided to re-evaluate the latter's proposed investment in the oil-to-chemicals (O2C) business of the Indian conglomerate.
Nagaland focuses on integrated cropping
Nov 20, 2021, at 04:17 pm
Kohima: Country Director of IFAD, Han Ulac Demirag in a note stated that he was impressed with the initiatives and achievements and vision of the people, during a visit to a project site at Nerhema and Gariphema village farm in Nagaland along with the APC and Mission Director FOCUS, Nagaland, Y. Kikheto Sema, State Project Director- FOCUS, S. Tainiu and a team of Agri officials on Nov 18.
Nirmala Sitharaman to visit Jammu and Kashmir on Nov 23
Nov 20, 2021, at 03:52 pm
Jammu/UNI: Union Finance Minister Nirmala Sitharaman is likely to be on a two days visit to Jammu and Kashmir starting from Nov 23.
Unilever to sell its tea business, ekaterra, to CVC Capital Partners
Nov 20, 2021, at 06:48 am
Unilever Plc has agreed to sell major part of its tea business to CVC Capital Partners for $5.1 billion.
Jharkhand: CCL loses out on early production hours due to thick fog
Nov 20, 2021, at 05:45 am
Ranchi/IBNS: Dense fog has affected coal production, transportation and dispatch work for the last two days in the mines of Central Coalfields Ltd (CCL) in Jharkhand, according to media reports.
Mumbai Police EOW probes former ICICI Bank officials in cheating case
Nov 20, 2021, at 04:39 am
Mumbai/IBNS: The Economic Offences Wing (EOW) department of the Mumbai Police has launched an investigation into charges of alleged cheating by ICICI Bank officials filed by a hotelier, reported Economic Times.
PhonPe undertakes Rs 135 cr ESOP buyback
Nov 20, 2021, at 02:59 am
Mumbai/IBNS: PhonePe has conducted ESOP buyback worth Rs 135 crore becoming one of the several companies that have made similar buybacks recently, media reports said.
Income of company with no presence in India is not taxable: ITAT
Nov 20, 2021, at 01:43 am
New Delhi/IBNS: A tax tribunal has ruled that domestic taxes cannot be levied on a company that doesn't have any presence in India, media reports said.
Investment in J&K expected to reach Rs 35,000 cr by year end: Manoj Sinha
Nov 20, 2021, at 01:05 am
Jammu/IBNS: Lieutenant Governor Manoj Sinha highlighted the key reforms and steps taken for managing the union territory’s economy during Covid, its growth potential, besides putting across issues that require consideration by the administration during an interaction with the Union Finance Minister Nirmala Sitharaman.
India's rice export rates lowest in three months
Nov 20, 2021, at 12:57 am
New Delhi/IBNS: India's rice export rates have hit a three-month low owing to a decline in demand by buyers in Africa, media reports said.