UK court refuses release of substantial funds for Vijay Mallya's legal fees
Jan 12, 2021, at 04:59 am
London/IBNS: A court in the UK has refused to release 2.8 million pounds of the estimated 2.9 million pounds held with the Court Funds Office (CFO) under the UK's Insolvency Act 1986, petitioned by fugitive liquor tycoon Vijay Mallya, said media reports.
BSNL once again back on track of profitability: Indian govt
Jan 11, 2021, at 11:34 pm
New Delhi: The Indian government on Monday said state-owned telecom company Bharat Sanchar Nigam Ltd (BSNL) is once again back on the track of profitability.
NSIC and Airtel join forces to accelerate Digital Transformation of Indian MSMEs
Jan 11, 2021, at 10:36 pm
New Delhi:Bharti Airtel, India’s premier communications solutions provider, is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), a Government of India Enterprise having its mission “to promote and support MSME sector by providing integrated support services encompassing Marketing, Technology, Finance and other services”.
NTPC’s oldest unit at Singrauli records highest PLF so far in current fiscal
Jan 11, 2021, at 10:33 pm
New Delhi: NTPC Ltd’s very first unit, which was commissioned 38 years ago at Singrauli in Uttar Pradesh, has achieved the highest Plant Load Factor (PLF) of 100.24 percent among all thermal units in the country between April 2020 to December 2020, data published by Central Electricity Authority (CEA) showed.
Kotak Mutual Fund launches Kotak NASDAQ 100 Fund of Fund
Jan 11, 2021, at 10:25 pm
Mumbai/UNI: Kotak Mahindra Asset Management Company on Monday announced the launch of Kotak NASDAQ 100 Fund of Fund. The New Fund Offer opens for subscription from January 11, 2021 to January 25 , 2021.
US-based MassMutual opens Global Capability Center in Hyderabad
Jan 11, 2021, at 10:22 pm
Hyderabad/UNI: Leading U.S. life insurer Massachusetts Mutual Life Insurance Company (MassMutual) has announced the opening of its Global Capability Center (GCC) here on Monday.
Indian Market: Sensex, Nifty end at all time high
Jan 11, 2021, at 10:20 pm
Mumbai/UNI: The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended at fresh record closing highs lead by auto and IT stocks on Monday.
No ban on sale of poultry products: Mah min dismisses rumour
Jan 11, 2021, at 09:41 pm
Mumbai/UNI: Maharashtra minister has rejected rumors which claimed that Maharashtra government has imposed ban on sale of poultry products in the state.
SpiceXpress introduces real-time 24x7 end-to-end track and trace feature for domestic cargo
Jan 11, 2021, at 09:09 pm
Gurugram: SpiceXpress, the cargo arm of SpiceJet, today announced the launch of SpiceTag, a real-time tracking service for its partners and cargo agents which is set to elevate cargo shipment experience like never before.
CBI charges Hyderabad-based construction company with Rs 4736.57 crore bank fraud
Jan 10, 2021, at 03:52 am
Hyderabad/IBNS: The Central Bureau of Investigation (CBI) has filed a case against a Hyderabad-based Coastal Project Ltd for defrauding a consortium of banks of Rs 4736.57 crore, said media reports on Saturday.
Tata Motors launches the INTRA V20; the new-generation compact truck, in Nepal
Jan 08, 2021, at 11:41 pm
Kathmandu: Tata Motors, one of the world’s leading automotive manufacturers, launched its newest smart compact truck, the Tata Intra V20, in Nepal, in association with its sole authorised distributor for the country, Sipradi Trading Pvt. Ltd.
Hyundai Motor, Apple in talks about possible tie-up on electric vehicles: Reports
Jan 08, 2021, at 10:13 pm
Seoul/Sputnik: South Korean carmaker Hyundai Motor has said that it is in talks with US tech giant Apple about possible partnership in developing electric vehicles and batteries, the Yonhap news agency reported on Friday.
SBI giving several home loan offers to customers
Jan 08, 2021, at 09:56 pm
Kolkata:With anaim to offer attractive concessions to the home buyers, country’s largest lender, State Bank of India (SBI) announces further interest concession of upto 30 bps on home loans and 100% waiver on processing fees.
Jan 08, 2021, at 09:26 pm
New Delhi: In a bid to boost exports potential of India’s agricultural and processed food products exports, APEDA organized a Virtual Buyer Seller Meet (BSM) in association with Indian Embassy in Bhutan, on Thursday.
Petrol, diesel prices remain steady
Jan 08, 2021, at 09:10 pm
New Delhi/UNI: Prices of petrol and diesel prices across the nation were steady on Friday after witnessing a increase for two days in a row.
Nirav Modi's sister, her husband turn approver against him in PNB case
Jan 08, 2021, at 07:23 am
New Delhi/IBNS: Trouble could be mounting for fugitive diamond merchant Nirav Modi wanted in Punjab National Bank money laundering case as his sister and her husband have turned approver against him, said media reports.
Tesla top boss Elon Musk surpasses Amazon chief Jeff Bezos as richest man on earth
Jan 08, 2021, at 05:13 am
New York/IBNS: Tesla Inc chief and billionaire entrepreneur Elon Musk has surpassed Amazon.com Inc founder Jeff Bezos as the richest person of the world.
Jammu and Kashmir: Govt relaxes transfer policy
Jan 08, 2021, at 04:32 am
Srinagar: Jammu and Kashmir government has notified a relaxation in the transfer policy for its employees. An order issued by the GAD reads:
State Bank of India (SBI) and IndianOil (IOCL) launch a Co-branded Contactless RuPay Debit card
Jan 08, 2021, at 02:20 am
New Delhi: Raising the bar with newer offerings for the customers in the New Year, India’s largest fuel retailer, IndianOil, has now teamed up with SBI, India’s largest lender, to launch the SBI-IndianOil Co-branded RuPay Debit Card.
Jan 07, 2021, at 04:53 am
Mumbai/IBNS: In a setback for Anil Ambani, the bank accounts for Reliance Communication, Reliance Telecom and Reliance Infratel, all owned by the financially-beleaguered businessman, have been declared "fraud" by the State Bank of India, the High Court was informed, said media reports.
DoT to start spectrum auction from March 1
Jan 07, 2021, at 03:12 am
New Delhi/IBNS: The department of telecommunication Wednesday invited bids for the sixth round of spectrum auction for radio waves worth Rs 3.92 trillion.
Tata Motors brings back its iconic brand Tata Safari
Jan 07, 2021, at 12:27 am
Mumbai/IBNS: Commencing the New Year with a bang, Tata Motors on Wedensday announced that it is bringing back its iconic brand ‘Safari’ with its forthcoming flagship SUV, (codenamed as the Gravitas).
Ducati to launch 12 new motorcycles in 2021, opens bookings for BS6 Scrambler Icon and Icon Dark
Jan 07, 2021, at 12:10 am
New Delhi/IBNS: Luxury motorcycle brand, Ducati on Wednesday announced that it will introduce 12 new motorcycles in 2021, which will all be BS6 compliant, starting with the Scrambler Icon which has been updated to meet the BS6 norms.
Toyota Kirloskar Motor ushers in the New Year with new Fortuner and Legender
Jan 06, 2021, at 11:35 pm
Kolkata: In line with Toyota’s philosophy of making “Ever- Better Cars”, Toyota Kirloskar Motor (TKM on Wednesday launched the new Toyota Fortuner and exclusive new Legender.
Jammu and Kashmir: Referral Boards for JKAS officers constituted
Jan 06, 2021, at 11:13 pm
Srinagar: The General Administration Department (GAD) Tuesday constituted a Referral Board for the members of Jammu and Kashmir Administrative Service (JKAS).
World Bank expects global economy to expand by 4% in 2021
Jan 06, 2021, at 03:35 pm
New York: The World Bank Group on Tuesday issued a guarded growth forecast for the global economy this year, saying that a four per cent overall expansion was likely, although the recovery will likely be a “subdued” one.
World Bank signs $105 million project to improve waterways in West Bengal
Jan 05, 2021, at 11:11 pm
New Delhi: The Government of India, the Government of West Bengal and the World Bank today signed a $105 million project to improve the inland water transport infrastructure in Kolkata, West Bengal.
Jammu and Kashmir: Street food vendors asked to register for PM SVANidhi
Jan 05, 2021, at 11:06 pm
Srinagar: The Assistant Commissioner, Food Safety Srinagar today called upon all the street food vendors of district Srinagar to register themselves under Food Safety & Standards Act.
Kotak Securities launches Start-up Investment and Engagement Programme
Jan 05, 2021, at 07:36 pm
Kolkata/IBNS: Kotak Securities Limited (KSL) on Tuesday announced the launch of its maiden Start-up Investment and Engagement Programme.
ED attaches assets worth Rs 2.70 cr in Sanket Media money laundering case
Jan 05, 2021, at 06:11 am
New Delhi/UNI: Directorate of Enforcement (ED) on Monday said that it has provisionally attached assets worth Rs 2.70 crore of Sanket Media Pvt Ltd, its Director PVS Sarma in a case related to cheating and forgery under Prevention of Money Laundering Act (PMLA) 2002.