IndusInd Bank slips by 6.60 pc

Jun 24, 2020, at 05:14 pm

Mumbai/UNI:  IndusInd Bank on Wednesday tumbled down by 6.60 per cent to Rs 486.30 a major loser in 30 scrips of BSE.

Cabinet approves scheme to help small businesses brace disruption by Covid-19

Jun 24, 2020, at 04:39 pm

New Delhi/UNI:  The Union Cabinet on Wednesday approved a scheme for interest subvention of 2 per cent for a period of 12 months to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers which will incentivise people who will make regular repayments of loans.

Indian Market: Sensex down 561.45 pts

Jun 24, 2020, at 04:26 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday nosedived by 561.45 pts to settle at 34,868.98 on selling in Bankex, Telecom, Finance and Realty stocks ahead of the expiry of June series derivative contracts on Thursday.

Honda launches all new GRAZIA 125 BSVI

Jun 24, 2020, at 04:20 pm

New Delhi/IBNS: Moving forward with #AQuietRevolution, Honda Motorcycle & Scooter India Pvt. Ltd. on Wednesday launched its advanced urban scooter – the bold, edgy, bright and the all new Grazia 125 BSVI.

Fastrack to launch Super Shield masks

Jun 24, 2020, at 04:15 pm

Thiruvananthapuram/UNI:  With the growing need for good quality and affordable masks, Fastrack, a leading youth accessories brand of the country, steps forward to launch Super Shield masks - a highly breathable 4 layered variant.

Indian Rupee falls by 7 paise against USD

Jun 24, 2020, at 03:56 pm

Mumbai/UNI:  The Rupee on Wednesday declined by seven paise to 75.71 against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

CREDAI West Bengal says using local products in real estate sector will boost economy

Jun 23, 2020, at 08:12 pm

Kolkata/IBNS:  Sushil Mohta, president of Credai West Bengal, recently said that the organisation has urged its members to refrain from using imported Chinese goods in the construction sector they serve in the wake of the Indo-China border crisis and use locally manufactured products instead.

Indian Market: Sensex breaches 35K level to 35,430.43 pts

Jun 23, 2020, at 05:03 pm

Mumbai/UNI: The Indian market remained firm for the fourth consecutive session on Tuesday, as the Sensex spurted by 519.11 pts to 35,430.43 following gains in Power, Capital goods, Utilities and Realty stocks.

L&T up by 6.68 pc to Rs 967.85

Jun 23, 2020, at 04:59 pm

Mumbai/UNI:  L&T on Tuesday rallied by 6.68 pc to Rs 967.85 a major gainer in 30 scrips of BSE.

Indian Market: Sensex rallies by 519.11 pts

Jun 23, 2020, at 04:45 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange on Tuesday zoomed up by 519.11 pts to 35, 430.43 following gains in Power, Capital goods, Utilities and Realty stocks.

Indian Rupee ends strong at 75.64 against USD

Jun 23, 2020, at 04:43 pm

Mumbai/UNI:  The Rupee on Tuesday rallied by 38 paise to 75.64 against the US Dollar on brisk selling of US Dollar by bankers and exporters, dealers at the Forex Market said.

PIBL and RIMS collaborate to offer webinars and masterclasses for risk management education

Jun 22, 2020, at 09:24 pm

Kolkata/IBNS: Prudent Insurance Brokers Private Limited (PIBL) and Risk and Insurance Management Society (RIMS), announced a multi-year strategic partnership to support the Indian risk management community.

PTC India Limited said it recorded six per cent volume growth in the latest quarter

Jun 22, 2020, at 08:51 pm

Kolkata/IBNS: PTC India Limited, a leading provider of power trading solutions in India, is banking on its diversified portfolio to enhance its position in the coming quarters, said the company’s Chairman & Managing Director Deepak Amitabh.

Denmark hit by "appalling" job losses in April

Jun 22, 2020, at 05:05 pm

Copenhegan/Xinhua: The equivalent of 73,000 full-time positions disappeared in Denmark this April, according to figures released by Statistics Denmark on Monday.

Bajaj Auto up by 6.89 pc to Rs 2,860

Jun 22, 2020, at 04:49 pm

Mumbai/UNI:  Bajaj Auto on Monday rallied by 6.89 pc to Rs 2,860, a major gainer in 30 scrips of BSE.

Coal India to supply 1 lakh MT coal to Tripura tea industry

Jun 22, 2020, at 04:43 pm

Agartala/UNI: The state-owned Coal India Ltd has committed to provide at least one lakh metric ton of coal to meet the energy demand of tea industry in Tripura to continue the funtioning of the tea processing units, officials said here today.

L&T Hydrocarbon signs MoU with KBR for Refinery and Petrochemical Projects

Jun 22, 2020, at 04:40 pm

Mumbai/UNI: L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed a memorandum of understanding with KBR to build Modular Process Plants for refinery and petrochemical projects.

Indian Rupee ends up by 17 paise against USD

Jun 22, 2020, at 04:36 pm

Mumbai/UNI:  The Rupee on Monday rose by 17 paise to 76.02 against the US Dollar on fresh selling of US Dollar by bankers and exporters, dealers at the Forex Market said.

Sensex up by 179.59 pts

Jun 22, 2020, at 04:34 pm

Mumbai/UNI:  The benchmark index of Bombay Stock Exchange on Monday advanced by 179.59 pts to 34,911.32 following gains in Power, Metal, Telecom and Utilities stocks.

Glenmark's shares surge after getting government approval for Covid-19 drug

Jun 22, 2020, at 12:34 pm

Mumbai/IBNS: The shares of Glenmark Pharmaceuticals on Monday surged days after getting an approval from the Drugs Controller General of India (DCGI) to market and manufacture antiviral drug Favipiravir, to be sold under the brand name FabiFlu, for the treatment of Covid-19 patients having mild to moderate symptoms.

India-China border conflict: Maharashtra freezes three Chinese projects

Jun 22, 2020, at 11:47 am

Mumbai/IBNS: Amid the growing anti-China sentiment and call for boycott of Chinese goods in the country, the Maha Vikas Aghadi government has frozen three Chinese projects worth Rs. 5,000 crore, media reports said.

Hike in health insurance premium hits India's middle class aid COVID-19 pandemic

Jun 21, 2020, at 08:42 pm

New Delhi/UNI: The Coronavirus pandemic has led to a steep hike in health insurance premium by 250-300 per cent, which poses a big challenge to the middle class families.

INT picks a stake in the European startup Rezzonation

Jun 21, 2020, at 08:38 pm

Kolkata/IBNS: Indus NetTechnologies joined hands for a long term technological partnership withRezzonation to build the world's most interactive entertainment platform- OneApp.

Unlock 1.0: Retailers indicate sales degrowth of 64 percent

Jun 21, 2020, at 08:35 pm

Kolkata/UNI:  Lockdown relaxations did not benefit retailers as there was no significant surge in their business, according to a recent survey conducted by the Retailers Association of India (RAI) with more than 100 big and small retailers.

Snapdeal sees surge in sale of yoga accessories

Jun 20, 2020, at 04:57 pm

Gurugram/IBNS: Snapdeal, a value-focused ecommerce platform, on Saturday said it witnessed rapid growth in the sale of Yoga accessories during the lockdown.

Reserve Bank of India doubles withdrawal limit of PMC Bank to Rs 1 lakh

Jun 20, 2020, at 04:46 pm

Mumbai/UNI: The Reserve Bank of India (RBI) has raised withdrawal limit from fraud-ridden Punjab and Maharashtra Cooperative (PMC) Bank to Rs one lakh from Rs 50,000 while extending restrictions imposed on the bank for another six months.

Paperless Trading 101: Learn How to Operate a Demat Account in 5 Simple Steps

Jun 20, 2020, at 01:20 pm

The Digital Era has brought innovations in everything from academic knowledge to financial trading. One of those changes is in how we handle trading across borders through paperless avenues.

Petrol, diesel prices become more expensive in Delhi

Jun 20, 2020, at 08:27 am

New Delhi/IBNS: Adding more trouble for consumers,  petrol price was increased on Saturday by 51 paise per litre and diesel by 61 paise a litre, media reports said.

JSW Cement unveils new marketing campaign with Sourav Ganguly and Sunil Chhetri as brand ambassadors

Jun 19, 2020, at 09:34 pm

Kolkata/IBNS: Get ready to watch two of India’s top sportspersons, Sourav Ganguly and Sunil Chhetri, on JSW Cement’s new marketing campaign featuring Indian sports celebrities.

IIT Kharagpur launches educational outreach program on innovation & entrepreneurship

Jun 19, 2020, at 07:55 pm

Kharagpur (WB)/IBNS: IIT Kharagpur's Rajendra Mishra School of Engineering Entrepreneurship (RMSoEE) will hold a virtual lecture series starting on June 22,, to discuss aspects of innovation and entrepreneurship, which is expected to benefit student start-ups, entrepreneurs, strategists and others.