Volvo Car India registers 48 percent growth in first three quarters of 2021
Oct 09, 2021, at 01:43 am
Kolkata: Swedish luxury car maker Volvo Car India recorded a 48 percent growth in its retail sales for the period January to September 2021.
Indian Market: Sensex regains 60K level to close at 60,059.06
Oct 08, 2021, at 11:33 pm
Mumbai/UNI: The equity market on Friday posted a huge gain of 381.23 pts breaching 60K level to close at a high of 60,059.06 as RBI kept it's key rates unchanged in the its monetary policy on Friday.
Reliance Industries record 3.84 per cent rise to touch Rs 2670.85
Oct 08, 2021, at 11:23 pm
Mumbai/UNI: Reliance Industries on Friday advanced by 3.84 per cent to Rs 2670.85 a major gainer in 30 scrips of BSE.
Indian Market: Sensex rallied 381.23 points
Oct 08, 2021, at 11:21 pm
Mumbai/UNI: The BSE Sensex on Friday spurted 381.23 points, breaching the 60K level to close high at 60,059.06 as RBI kept it's key rates unchanged in the its monetary policy on Thursday.
Banks, business community laud RBI's accommodative stance on repo rate
Oct 08, 2021, at 11:18 pm
New Delhi/IBNS: RBI's stance to continue with the repo rate steady at 4 percent and maintain an accommodative policy stance to support economic growth and recovery has been welcomed by banks and the business community.
Tata Sons to take over national carrier Air India, wins bid at Rs 18,000 crore
Oct 08, 2021, at 11:16 pm
New Delhi: Tata group won the bid to acquire India's flagship carrier Air India, adding another airline brand in its hangar with the other two being Vistara and Air Asia India, here on Friday.
Tata Sons acquire Air India bid, Ratan Tata tweets 'welcome back'
Oct 08, 2021, at 10:22 pm
New Delhi: Tata Sons on Friday won the bid to acquire India's national carrier Air India.
RBI moves NCLT to start insolvency proceedings against SREI group firms
Oct 08, 2021, at 09:09 pm
Kolkata/IBNS: The Reserve Bank of India (RBI) has petitioned the National Company Law Tribunal (NCLT) to start insolvency proceedings against SREI group firms, media reports said quoting sources.
Low-rate regime is the need of the hour to boost recovery: EEPC India Chairman
Oct 08, 2021, at 07:26 pm
Kolkata/IBNS: The low-rate regime is the need of the hour to boost recovery and the Reserve Bank of India has done a good job by keeping the repo rates unchanged at four percent besides keeping the stance accommodative, said the Chairman of EEPC (Engineering Export Promotion Council) Mahesh Desai.
Coimbatore pets startup raises cash, launches Ayurvedic pet products
Oct 08, 2021, at 06:48 pm
Coimbatore/IBNS: TABPS Pets Pvt. Ltd., a start-up based in Coimbatore focused on pets’ essentials with an ayurvedic twist, has raised money from stakeholders interested in a pet-focused food brand.
Samsung Electronics logs record-high revenue in Q3
Oct 08, 2021, at 06:38 pm
Seoul/UNI/Xinhua: South Korea's electronics major Samsung Electronics logged a record-high revenue in the third quarter, the company said Friday.
RBI keeps repo rate unchanged at 4 percent, maintains accommodative stance to support growth
Oct 08, 2021, at 04:53 pm
Mumbai/New Delhi/UNI: As widely expected, the Reserve Bank of India (RBI) Friday held the repo rate steady at 4 percent and maintained an accommodative policy stance to support economic growth and recovery.
RBI keeps repo rate unchanged at 4 percent
Oct 08, 2021, at 03:50 pm
Mumbai: The Reserve Bank of India on Friday announced the decision to keep repo rate unchanged at 4 percent.
Indian Market: Sensex up by over 200 pts
Oct 08, 2021, at 03:38 pm
Mumbai/UNI: The BSE Sensex on Friday further gained by 283 pts to open at 59,960.39 as buying was seen across the board ahead of RBI Monetary policy today.
Air India Disinvestment: Ratan Tata, Chandrasekaran to soon meet panel of ministers led by Amit Shah
Oct 08, 2021, at 07:44 am
New Delhi/IBNS: Tata Group chairman emeritus Ratan N Tata and Tata Sons chairman Natarajan Chandrasekaran are likely to soon meet a panel of Union ministers led by Home Minister Amit Shah to talk about the final parts of the salt-to-software conglomerate’s bid for Air India, two sources aware of the negotiations have told Moneycontrol.
Zee should be given 'reasonable' opportunity to reply to Invesco's plea: NCLAT tells NCLT
Oct 08, 2021, at 06:26 am
Mumbai/IBNS: Zee Entertainment Enterprises Ltd (ZEEL) should be given "reasonable and sufficient opportunity" to reply to Invesco's plea seeking convening a meeting of the company's shareholders, the National Company Law Appellate Tribunal on Thursday told the NCLT, media reports said.
Bank of Baroda reduces Home Loans rates to 6.5 pc
Oct 08, 2021, at 01:32 am
Kolkata/IBNS: Public sector lender Bank of Baroda announced reduction of 25 bps in its home loan rates from 6.75 percent to 6.50 percent effective from October 7, 2021.
Things to Consider When Deciding Health Insurance Plans
Oct 08, 2021, at 12:53 am
The pandemic has shown many consequences. One of which is not having enough funds to manage your medical emergencies, especially without health insurance plans. Sooner or later, people realized the importance of health insurance in their life. However, buying a new policy creates a stir in mind with so many options available. Comparison is a must, but what should be the parameters? Here is a complete guide to help you focus on a few specific points that need to be taken care of while purchasing health insurance plans.
TVS Motor India launches TVS Jupiter 125
Oct 07, 2021, at 11:25 pm
Chennai/UNI: Two and three-wheeler makers, TVS Motor Company, Thursday announced the launch of TVS Jupiter 125.
Reliance Retail to launch 7-Eleven Convenience stores in India
Oct 07, 2021, at 07:55 pm
Mumbai/UNI: Reliance Retail Ventures Limited (RRVL), through its wholly-owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc. (“SEI”) for the launch of 7-Eleven convenience stores in India, company officials said Thursday.
Alia Bhatt invests in D2C start-up Phool.co
Oct 07, 2021, at 06:00 pm
Mumbai/UNI: Phool.co, an IIT Kanpur-backed D2C wellness startup, Thursday said that Bollywood actress Alia Bhatt is now an investor in the company.
Centre won't need to change any law for foreign participation in LIC IPO
Oct 07, 2021, at 05:32 am
New Delhi/IBNS: No amendments will be necessary to any legislation to allow foreign participation in the proposed IPO of insurance giant Life Insurance Corporation of India (LIC), according to the media reports.
Michelin honours nine suppliers for outstanding contribution
Oct 07, 2021, at 03:04 am
Kolkata/IBNS: Global tyre major Michelin has distinguished nine of its best suppliers in the fifth edition of its "Supplier Awards".
ZEE Entertainment approaches NCLAT over minority shareholders' demand for EGM
Oct 07, 2021, at 02:26 am
Mumbai/IBNS: Zee Entertainment Enterprises Ltd on Wednesday sought the directive of the National Company Law Appellate Tribunal (NCLAT) to declare illegal the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM), to discuss various issues including the ouster of Managing Director Punit Goenka.
Kolkata start-up gintaa bets big on the e-retail sector
Oct 07, 2021, at 12:36 am
Kolkata/IBNS: gintaa, an Ascon Softech India Pvt Ltd brand, on its launch is eying the online retailing sector.
India’s new gas infrastructure investment must be part of a balancing act : IEFA Report
Oct 07, 2021, at 12:27 am
Kolkata/IBNS: India’s strategy to cover unmet energy requirements by creating dual connections of gas and electricity requires a balancing act to ward off environmental and capital loss, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Jammu and Kashmir: Bank of India conducts 'customer outreach programme' in Srinagar
Oct 07, 2021, at 12:05 am
Srinagar: Bank of India, one of the premier nationalised banks in India undertook an important initiative to extensively take mainstream banking to the people of Kashmir valley by organising a “Customer Outreach Programme” at Srinagar on Oct 6.
Cabinet approves Productivity Linked Bonus to railway employees for the FY 2020-21
Oct 06, 2021, at 11:54 pm
New Delhi/IBNS: The Union Cabinet Wednesday approved the Productivity Linked Bonus (PLB) equivalent to 78 days' wages for the financial year 2020-21 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).
SBI deepens partnership with TCS to drive innovation and enhance customer experience
Oct 06, 2021, at 11:52 pm
New Delhi: Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has announced that its long-standing partnership with State Bank of India (SBI), India’s largest bank, has been extended for another five years as the bank embarks on its next leg of growth based on the three pillars of technology, resilience and people.
Indian Rupee drops 53 paise against USD
Oct 06, 2021, at 11:26 pm
Mumbai/UNI: The Rupee on Wednesday slumped by 53 paise at 74.97 at close against the greenback on brisk demand for US Dollar by bankers and importers amid rebounding equity market, dealers at the Forex Market said.