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Jammu and Kashmir: Infiltration bid foiled in Uri sector | BJP leader slams Mahua Moitra after Trinamool Congress distances itself from 'cash-for-questions' case | Israel-Gaza Conflict: Number of people held hostage by Hamas rises to 212 | Israel-Hamas war: India sends humanitarian aid to Palestine | Countdown begins for Gaganyaan's first unmanned flight test tomorrow | India's action making life very hard for millions: Justin Trudeau amid diplomatic row | 18 killed in Israeli strike near Gaza church, claims Hamas-run Health Ministry | PM Modi inaugurates country's first RapidX train 'Namo Bharat' in UP | Telangana assembly elections 2023: TJS announces alliance with Congress | Cricket World Cup 2023: Injured Hardik Pandya to miss India-New Zealand match

Indian Market: Sensex bounces back by 742.84 pts

Apr 22, 2020, at 04:55 pm

Mumbai/UNI:  The BSE Sensex on Wednesday bounced back by 742.84 pts to 31,379.55 on the buying in Energy, auto, bankex and Consumer Durable stocks.

Reliance industries rallied by 10.30 pc to Rs 1363.35

Apr 22, 2020, at 04:55 pm

Mumbai/UNI: Reliance industries on Wednesday surged by 10.30 pc to Rs 1363.35 was the major gainer in 30 scrips of BSE.

COVID-19 to cause biggest economic contraction ever in Latin America & Caribbean

Apr 22, 2020, at 01:31 pm

New York/IBNS: The COVID-19 pandemic will herald the worst economic contraction in the history of Latin American and the Caribbean, with a projected -5.3 per cent drop in activity this year, according to a report by the UN office for the region, ECLAC, published on Tuesday.

Del Monte partners with Zomato, Swiggy, Dunzo for home delivery of its products amidst the current lockdown

Apr 22, 2020, at 01:19 pm

New Delhi/IBNS: Fieldfresh Foods Pvt. Ltd on Wednesday announced strategic tie-ups for its premium food brand, Del Monte, with online food delivering platforms Zomato and Swiggy as well as door to door delivery app Dunzo to deliver its range of premium food products - which include Tomato Ketchup, Mayo, Pasta, Olive Oil and fruit drinks - to consumers’ homes amidst the continuing lockdown.

Indian Market: Sensex up by 220 pts

Apr 22, 2020, at 11:26 am

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday jumped by 220 pts to 30,856.14 in opening trade on fresh buying in Energy, IT and Technology stocks amid weak global cues.

Indian Rupee marginally up by 2 paise against USD

Apr 22, 2020, at 11:23 am

Mumbai/UNI: The Rupee on Wednesday rose slightly by 2 paise to 76.82 against the US dollar in opening trade on fresh selling of US dollar by bankers and exporters, dealers at Forex Market said.

Ducati India defers price hike on extended warranty till June 1

Apr 22, 2020, at 10:51 am

New Delhi/IBNS: Luxury motorcycle brand Ducati India on Wednesday announced a respite in price hike of extended warranty on its motorcycles till May 31.

Facebook buys 9.99 percent stake in Reliance Jio

Apr 22, 2020, at 10:07 am

New York/IBNS:  In what is seen as the largest Foreign Direct Investment ( FDI) in the Indian tech sector, social media giant Facebook will buy 9.99 percent stake in Reliance Industries led Jio Platforms.

Kamdhenu Paints donates sanitiser tunnel to Jammu DC office

Apr 21, 2020, at 10:29 pm

Jammu/IBNS: Kamdhenu Paints, a leading paints manufacturer, has donated full body automatic sanitizer tunnel to the Jammu and Kashmir government to be used in the fight against Covid-19 virus.

IndianOil resumes work on select projects, gears to ramp up operations post lockdown

Apr 21, 2020, at 10:20 pm

New Delhi/IBNS: Indian Oil Corporation Limited (IndianOil) has commenced resumption of stalled activities on the projects front and is fully geared to ramp up operations towards normalcy for the post-lockdown scenario, the company said in a recent release.

Tata Motors extends warranty for its customers worldwide

Apr 21, 2020, at 06:12 pm

Mumbai/UNI: Tata Motors company on Tuesday announced that it has extended the warranty period of all its commercial vehicles by two months which are due to expire during the lockdown.

IndusInd Bank moves down by 12.30 pc to Rs 400.80

Apr 21, 2020, at 06:09 pm

Mumbai/UNI: IndusInd Bank on Tuesday slipped by 12.30 pc to Rs 400.80 was the major loser in 30 scrips of BSE.

Indian Market: Sensex tanked by 1011.29 pts

Apr 21, 2020, at 06:08 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Tuesday plummeted by 1011.29 pts to settle at 30,636.71 snapping a gaining streak of last three sessions, on heavy selling in bankex, metal, capital goods and financial stocks amid weak global cues.

Ascon Infra to start operation in phased manner following selective relaxation of lockdown

Apr 20, 2020, at 10:29 pm

Kolkata/IBNS: Ascon Infrastructure India Ltd, a leading infra company of eastern India, announced that the company shall begin operations post relaxation of lockdown from April 20, 2020.

EU needs roughly $1.6 trillion to overcome COVID-19 crisis – Economic Commissioner

Apr 20, 2020, at 06:55 pm

Moscow/Sputnik: Tackling the implications of the coronavirus epidemic will likely cost the European Union an approximate 1.5 trillion euros ($1.6 trillion), EU Commissioner for Economy Paolo Gentiloni said in an interview with Germany's Spiegel on Monday.

HDFC Bank moves up by 3.91 pc to Rs 946

Apr 20, 2020, at 06:49 pm

Mumbai/UNI: HDFC Bank, which surged by 3.91 pc to Rs 946, was the major gainer in 30 scrips of BSE on Monday.

Indian Market: Sensex up by 59.38 pts

Apr 20, 2020, at 06:47 pm

Mumbai/UNI: The BSE Sensex on Monday ended in green at 31648 registering a marginal gains of 59.28 in a choppy trade following renewed buying in FMCG, Telecom Auto and bankex stocks despite weak global cues.

India Market: Sensex up by 468 pts

Apr 20, 2020, at 12:02 pm

Mumbai/UNI: The benchmark index of Bombay stock exchange on Monday rallied by 468 pts to 32,056.19 in opening session as buying was seen in IT, Capital goods, realty and technology stocks despite weak Asian Market.

Indian Rupee falls by 4 paise against USD

Apr 20, 2020, at 11:57 am

Mumbai/UNI: Rupee on Monday eased by four paise to 76.43 in opening trade on rising demand for US dollar by bankers and importers, dealers at the Forex Market said.

Covid-19 and your investment strategy post pandemic

Apr 18, 2020, at 11:24 pm

I had shared my below mentioned thoughts on 25th July, 2019 but never wanted to become true....unfortunately, it is a reality within 9 months. Let us go through the old message of my past post once, before we proceed: "I personally sense that we are going to face hard times ahead, a sort of slow down & recession....Cut down all your expenses drastically.Survive only on basic mode. Postpone or drop all your WANTS and spend only on UTMOST NEEDS. Outing, Movies, Shopping, Dining / Drinking, Bday/Anniversary Parties, Get-together meets - ALL these can wait. Stay light, stay tight... Survival should be your utmost priority now."

COVID-19: Government amends extant FDI policy for curbing opportunistic takeovers or acquisitions of Indian companies

Apr 18, 2020, at 06:23 pm

New Delhi/IBNS: The Government of India has reviewed the extant Foreign Direct Investment(FDI) policy for curbing opportunistic takeovers/acquisitions of Indian companies due to the current COVID-19 pandemic and amended para 3.1.1 of extant FDI policy as contained in Consolidated FDI Policy, 2017.

Hero Electric announces special online offer on entire range of Electric Scooters

Apr 18, 2020, at 05:42 pm

New Delhi/IBNS:  Electric vehicle manufacturer Hero Electric on Saturday announced its online sales scheme on its entire range (excluding Flash lead-acid low speed model).

Walmart, Flipkart and Walmart Foundation provide Rs 460 million of support to India’s Covid-19 fight

Apr 18, 2020, at 04:46 pm

Kolkata/IBNS: Walmart Inc., Flipkart and the Walmart Foundation have come together to contribute needed personal protective equipment (PPE) for healthcare workers and financial support for organizations providing essential relief materials to farmers and small businesses to join the battle against the Covid-19 pandemic.

HDFC Bank Q4 result: Net revenue up 18.2 per cent from year ago quarter

Apr 18, 2020, at 04:36 pm

Mumbai/IBNS: HDFC Bank Limited published its fourth quarter and full year (ending March 31, 2020) results on Saturday.

TVS Motor Company completes acquisition of Norton

Apr 18, 2020, at 11:18 am

New Delhi/IBNS:  TVS Motor Company, a manufacturer of two-wheelers and three-wheelers in the world, on Saturday announced the acquisition of Britain's most iconic sporting motorcycle, "Norton".

Indian Rupee up 30 paise against USD

Apr 17, 2020, at 12:48 pm

Mumbai/UNI: Rupee on Friday bounced back by 30 paise to 76.56 against the US Dollar in opening trade on fresh selling of US dollar by bankers and exporters dealers at the Forex Market informed.

Indian Market: Sensex zooms 1054 pts

Apr 17, 2020, at 11:07 am

Mumbai/UNI: BSE Sensex zoomed by 1054 pts to open at 31,656.68 ahead of RBI policy amid firm global cues.

RBI cuts repo rate from 4 pct to 3.75 pct

Apr 17, 2020, at 10:38 am

New Delhi/IBNS:  Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced reducing the reverse repo rate from 4 percent to 3.75 percent.

ITC Hotels adopts various employee engagement acitivities to ensure safety and health of their staff

Apr 16, 2020, at 10:05 pm

Mumbai/IBNS: India’s leading hotel chain, ITC Hotels, said they have undertaken a series of proactive steps to ensure the safety and health of their employees who are one of the key pillars that support the group’s ethos of Responsible Luxury.

PM Modi and Finance Minister Sitharaman meet to discuss economic stimulus package amid COVID-19 outbreak

Apr 16, 2020, at 08:41 pm

New Delhi/ IBNS: Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman met on Thursday to discuss the much-awaited financial package to mitigate the negative impact of COVID-19, said media reports.