Indian Rupee ends flat at 74.75 against USD
Jul 22, 2020, at 10:30 pm
Mumbai/UNI: The Rupee on Wednesday ended flat at 74.75 on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Arun Misra to be Chief Executive Officer of Hindustan Zinc from August 1
Jul 22, 2020, at 03:07 am
Kolkata/IBNS: Hindustan Zinc, India's only integrated producer of Zinc-Lead and Silver, announced on Tuesday that it is elevating Arun Misra as its Chief Executive Officer, effective August 1, 2020.
Jul 22, 2020, at 02:58 am
New Delhi/IBNS: The three week Pan-IIT Global E-conclave concluded with the focus on re-building states and re-imagining agriculture, food security, MSMEs and livelihood to meet the challenges thrown at the world by the ongoing COVID-19 pandemic.
Axis Bank net profit declines over quarter ending June 30,notes improvement in asset quality
Jul 22, 2020, at 02:32 am
Mumbai/IBNS: Axis Bank Limited (Axis Bank), India’s fourth largest market lender by market capitalisation, said its Net Interest Income in the first quarter of FY21 (quarter ending June 30, 2020) was up by 20% compared to the same quarter in the previous financial year.
Kamdhenu Paints eyes to boost revenue in the current Monsoon Season
Jul 22, 2020, at 01:21 am
Kolkata: Kamdhenu Paints, a leading manufacturer of high-quality decorative paints in the country, is looking to boost its revenue in the current Monsoon Season by promoting products and running awareness campaigns through social media as to how one can protect the shine and beauty of exterior walls during the rainy season.
Powergrid surges by 6.14 pc to Rs 173.60
Jul 21, 2020, at 10:52 pm
Mumbai/UNI: Powergrid on Tuesday rallied by 6.14 pc to Rs 173.60 a major gainer in 30 scrips of BSE.
Indian Market: Sensex rallies by 511.34 pts
Jul 21, 2020, at 10:39 pm
Mumbai/UNI: The Indian stock market remained firm on Tuesday for second day in row as BSE Sensex spurted by 511.34 points at 37,930.33 following gains in Oil and Gas, Realty, Energy, Bankex and Finance stocks amid positive Asian cues.
Indian Rupee up 3 paise against USD
Jul 21, 2020, at 09:33 pm
Mumbai/UNI: The Rupee on Tuesday advanced by three paise to close at 74.75 on selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
Benefits of starting a retirement plan early
Jul 21, 2020, at 06:07 pm
Life consists of many milestones and we cherish the moments when we achieved those milestones for the rest of our lives. Retirement can also be one of the crucial milestones, provided you managed to accumulate sufficient funds required for a stress-free life after retirement. This is only possible if the money that you earned during your active working years was invested well for the future.
Indian Govt to reduce public sector banks from 12 to 5 : Report
Jul 21, 2020, at 06:06 am
New Delhi/IBNS: The Indian government has decided to privatise more than half of public sector banks to reduce their number to just four or five, a Reuters report said.
Kotak Mahindra Bank reminds its customers of safe banking and online transaction practices
Jul 21, 2020, at 01:13 am
Kolkata/IBNS: First demonetisation and then pandemic related containment measures have resulted in a jump in online banking transactions but unfortunately this has also led to an increase in online frauds, especially related to EMI moratorium, KYC Updation and UPI.
IndiGo announces it will slash 10 percent of workforce
Jul 21, 2020, at 12:08 am
New Delhi: Private airlines major IndiGo on Monday announced it will lay off 10 percent of its workforce.
The Grand Seiko studio Shizukuishi opens its doors
Jul 20, 2020, at 11:06 pm
Bangalore : A new chapter in the 60-year history of Grand Seiko opens with the inauguration of an entirely new studio dedicated to the production of Grand Seiko’s mechanical watches.
Jul 20, 2020, at 10:58 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday advanced by 398.85 points to 37,418.99 following gains in IT, Technology, Bankex, Consumer Durable stocks amid positive Asian cues.
Bajaj Finance moves up by 4.23 pc to Rs 3441.35
Jul 20, 2020, at 10:57 pm
Mumbai/UNI: Bajaj Finance on Monday went up by 4.23 pc to Rs 3441.35 a major gainer in 30 scrips of BSE.
Cinacalcet tablets case: Cipla, Amgen settle legal dispute
Jul 20, 2020, at 10:45 pm
Mumbai/UNI: Pharma major, Cipla on Monday said company has settled a a legal dispute with Amgen in the United States involving generic cinacalcet hydrochloride tablets , used in treatment of secondary hyperparathyroidism in adult patients with chronic kidney disease.
Indian Rupee ends strong at 74.92 against USD
Jul 20, 2020, at 09:45 pm
Mumbai/UNI: The Rupee on Monday advanced by nine paise to finish at strong at 74.92 on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.
SBI cautions customers against online banking frauds as digital payments grow amid Covid-19
Jul 20, 2020, at 08:27 pm
Mumbai/IBNS: India's largest lender State Bank of India has cautioned its customers against online banking frauds as more and more people are using digital payments and online banking amid the coronavirus pandemic.
India to store crude oil in US strategic reserve
Jul 20, 2020, at 05:08 am
New Delhi/IBNS: India is set to stockpile crude oil in American strategic reserves to shield itself from supply disruptions arising out of geopolitical reasons and enable purchase of crude in large quantities when the prices plunge.
Private trains to operate from March 2023: Indian Railways
Jul 20, 2020, at 01:24 am
New Delhi/UNI: The Indian Railways on Sunday clarified that private trains are slated to run from March, 2023 and the tenders will be finalised by March, 2021.
HDFC Bank registers 20 pc y-o-y increase in net profit to Rs 6,659 cr in Q1 FY21
Jul 18, 2020, at 11:49 pm
Mumbai/IBNS: HDFC bank on Saturday declared 19.58 per cent increase in net profit for the quarter ended June 30 compared to the corresponding quarter of 2019. The private lender's net profit for the first quarter of this fiscal stood at Rs 6,658.62 crore compared to Rs 5,568.16 of the corresponding period last year.
Petrol, diesel demand nosedives in first half of July: Report
Jul 18, 2020, at 08:28 pm
New Delhi/IBNS: State-run oil refineries registered a sharp decline in petrol, diesel sales in the first of half of July as rise in retail prices and renewed coronavirus triggered lockdown in several parts of the country hit demand, said a Reuters report.
IIT Kharagpur offers weather advisories to farmers for better crop management
Jul 18, 2020, at 02:37 am
Kharagpur (West Bengal)/IBNS: In collaboration with India Meteorological Department (IMD), IIT Kharagpur, is disseminating weather based agro-advisory to farmers for improving agricultural production in highly variable weather conditions.
Rs 71,229 cr refunded to help taxpayers during Covid-19 pandemic: CBDT
Jul 18, 2020, at 01:42 am
New Delhi/UNI: The Central Board of Direct Taxes has issued refunds worth Rs 71,229 crore to help taxpayers with liquidity during COVID-19 pandemic.
India's rich woman Roshni Nadar Malhotra takes charge as new chief of HCL Tech
Jul 18, 2020, at 12:08 am
Gurgaon: Roshni Nadar Malhotra, who is currently the richest woman in India, has now taken charge as the chairperson of HCL Technologies.
Britannia Industries Q1 consolidated net surges by 117.38 pc
Jul 17, 2020, at 10:30 pm
Mumbai/UNI: FMCG major, Britannia Industries has reported a rise of 117.38 per cent in its consolidated net profit for the quarter ended June 30, 2020 at Rs 545.70 crore as against net profit of Rs 251.03 crore for the quarter ended June 30, 2019.
Indian Market: Sensex zooms up by 548.46 pts
Jul 17, 2020, at 10:09 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Friday spurted by 548.46 points at 37,020.14 following gains in Energy, Oil and Gas, Finance and Auto stocks amid positive Asian cues.
Rupee recovers 17 paise against USD
Jul 17, 2020, at 08:59 pm
Mumbai/UNI: The Rupee on Friday smartly recovered 17 paise to 75.01 on fresh selling of the US Dollar by bankers and exporters, dealers at the Forex Market said.
Infosys spurts by 9.45 pc to Rs 910
Jul 16, 2020, at 10:43 pm
Mumbai/UNI: Infosys on Thursday surged by 9.45 pc to Rs 910 a major gainer in 30 scrips of BSE.
Indian Market: Sensex up by 419.87 pts
Jul 16, 2020, at 10:40 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Thursday rallied by 419.87 point s at 36,471.68 following gains in IT, Technology, Bankex and Auto stocks.