Apr 03, 2020, at 07:28 pm
Mumbai/Delhi/IBNS: LimeTray, an India-based food tech platform, has rolled out an online ordering system to enable local grocery, meat as well as local kirana shops to accept customer orders online through its platform, thus helping everyone to maintain the necessary 'social distancing' following the Covid19 outbreak.
Apr 03, 2020, at 07:10 pm
New Delhi/IBNS: To ensure that supply of medical and pharmaceutical products remain uninterrupted against the backdrop of the global Covid-19 outbreak, Blue Dart, the express air and integrated transportation & distribution company, has deployed its 757 Boeing freighters with additional new routes.
Merlin Group provides food and essentials to people below poverty line during Covid 19 lockdown
Apr 03, 2020, at 07:00 pm
Kolkata/IBNS: I Am Kolkata, a CSR arm of Merlin Group, a real estate company, has extended its support to provide meals to a large number of people living below the poverty line who are finding it difficult to procure food owing to lockdown implemented to contain the Covid-19 pandemic.
Indian Rupee down 62 paise against USD
Apr 03, 2020, at 06:11 pm
Mumbai/UNI: The Rupee on Friday down by 62 paise to close at 76.17 versus the US Dollar on brisk demand for US dollar by bankers and importers, dealers at the forex market said.
Indian Market:Â Sensex down 674.36 pts
Apr 03, 2020, at 06:08 pm
Mumbai/UNI: The benchmark Index of Bombay Stock Exchange on Friday tanked 674.36 pts to settle at 27,590.95 on heavy selling in bankex, finance, IT and materials Stocks amid negative global peers.
Axis Bank drops by 9.16 pc to Rs 325.60
Apr 03, 2020, at 05:39 pm
Mumbai/UNI: Axis Bank on Friday slipped by 9.16 pc to Rs 325.60. A major loser in 30 scrip index of Bombay stock exchange.
Union Bank becomes India’s fifth largest public sector bank
Apr 03, 2020, at 05:20 pm
Hyderabad/UNI: Union Bank of India, erstwhile 97-year-old Andhra Bank and erstwhile Corporation Bank were now one bank.
India's growth to slow to 4 percent in FY2020, recover to 6.2% in FY2021
Apr 03, 2020, at 05:15 pm
Manila/IBNS: The Asian Development Bank (ADB) projects India’s gross domestic product (GDP) will slow to 4.0% in fiscal year (FY) 2020 ending on 31 March 2021 due to a weak global environment and continued efforts to contain the novel coronavirus (COVID-19) outbreak in the country. The forecast assumes that the pandemic dissipates and full economic activity resumes from the second quarter of FY2020.
Bajaj Auto total sales move down by 38 pct in March
Apr 03, 2020, at 05:11 pm
Pune/UNI: Bajaj Auto on Friday reported 38 per cent decline in total sales to 2,42,57 units in March as against 3,93,351 in the same month last year.
NTPC contributes Rs 257.5 cr to PM CARES Fund
Apr 03, 2020, at 05:00 pm
New Delhi/UNI: NTPC Ltd, India’s largest power producer, contributed Rs 257 crore to the PM CARES Fund to support the government in the fight against COVID-19.
Etihad Airways continues to operate special passenger flights
Apr 03, 2020, at 04:54 pm
Abu Dhabi, United Arab Emirates/IBNS: Over the past week, aviation major Etihad Airways has been operating special flights which have allowed stranded passengers to return home, and to support the ‘UAE Food Security Program’ as part of previously announced plans to utilise belly-hold capacity of passenger aircraft for cargo.
Indian Rupee down 40 paise against USD
Apr 03, 2020, at 10:45 am
Mumbai/UNI: The rupee on Friday tumbled down by 40 paise to 75.95 in the opening session on brisk demand for US dollar by bankers and importers, dealers at the forex market said.
Indian Market: Sensex down by 217 pts
Apr 03, 2020, at 10:42 am
Mumbai/UNI: The BSE Sensex lost further by 217 pts to 28,048.07 in early trade on Friday on heavy selling in finance, bankex, auto and realty stocks despite bounces back in crude oil prices and global stocks.
India-based ideaForge supplying drones to Assam and Maharashtra police for Covid-19 surveillance
Apr 02, 2020, at 06:13 pm
Mumbai/India: Faced with an unprecedented crisis, police forces in Sangli, Maharashtra and Guwahati, Assam in India have turned to drone technology to enforce lockdown throughout their respective cities and mitigate the spread of Covid-19.
Apr 02, 2020, at 06:11 pm
Mumbai/IBNS: Piramal Group, an Indian business conglomerate with a global footprint, has pledged Rs 25 crores towards the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM Cares Fund) to aid the fight against Covid-19.
GST collection for March 2020 stands at Rs 97,597 crore
Apr 01, 2020, at 07:09 pm
New Delhi/IBNS: The gross GST revenue collected in the month of March, 2020 is Rs. 97,597crore of which CGST is Rs. 19,183 crore, SGST is Rs. 25,601 crore, IGST is Rs. 44,508 crore (including Rs. 18,056 crore collected on imports) and Cess is Rs. 8,306 crore (including Rs. 841 crore collected on imports), the government said in a statement today.
Indian Market:Â Sensex nosedives 1,203.18 pts
Apr 01, 2020, at 06:38 pm
Mumbai/UNI: The BSE index on Wednesday crashed 1,203.18 points, 4.08 per cent to settle at 28,265.31 on negative global markets amid heavy selling in bankex, finance And FMCG stocks.
Tech Mahindra shares moves down 9.21 pc to Rs 512.90
Apr 01, 2020, at 06:35 pm
Mumbai/UNI: Tech Mahindra, whose shares tumbled down 9.21 per cent to Rs 512.90, was the major loser in the 30 scrips of Bombay Stocks Exchange on Wednesday.
Tata Motors registered domestic sales of 11,012 units in March 2020
Apr 01, 2020, at 06:17 pm
Mumbai/IBNS: Automobile major Tata Motors Limited on Wednesday announced its sales in the domestic and international market, for the month of March 2020, which stood at 12,924 vehicles, compared to 74,679 units during March 2019.
Nissan appoints new Chairman for its Africa, Middle East and India region
Apr 01, 2020, at 05:21 pm
Yokohama/IBNS: Automobile giant Nissan has appointed Guillaume Cartier as Senior Vice President and Chairman for its Africa, Middle East, and India region (AMI) and Head of the Global Datsun Business Unit, effective from Apr 1.
Standard Chartered to donate INR 5 crore to support fight against COVID-19
Apr 01, 2020, at 05:16 pm
New Delhi/IBNS: Standard Chartered Bank on Wednesday announced its commitment to donate INR 5 crore to support the fight against COVID-19 virus in India.
Toyota Kirloskar Motor sells 8022 units in the month of March 2020
Apr 01, 2020, at 04:39 pm
Bangalore/IBNS: Having successfully liquidated all its BS4 stocks even at the dealership level, Toyota Kirloskar Motor on Wednesday said it sold a total of 7023 units of BS6 vehicles to its dealers (wholesales) in the month of March 2020.
Wipro, Azim Premji Foundation contribute Rs 1,125 cr to fight against COVID-19
Apr 01, 2020, at 04:37 pm
New Delhi/IBNS: Wipro Ltd, Wipro Enterprises Ltd and Azim Premji Foundation, have together committed Rs 1125 crore towards tackling the health and humanitarian crisis arising from the COVID-19 pandemic outbreak.
Apr 01, 2020, at 02:02 pm
Rome/Kolkata: Several companies from Italy – one of the nations worst-hit by the Covid 19 pandemic and a resulting dismal economy – are looking forward to furthering their business with India when life returns to a normal pace, according to Italy-based ArtValley, which hosts projects and international forums for the promotion of specific cultural and geo-political initiatives.
World Bank lowers Malaysia's growth to -0.1 pct on COVID-19 impact
Apr 01, 2020, at 12:45 pm
Kuala Lumpur/Xinhua/UNI: The World Bank on Tuesday revised down Malaysia's gross domestic product (GDP) growth projection this year sharply to -0.1 percent from 4.5 percent, to reflect the severity of the economic impact of the COVID-19 outbreak.
Here’s everything you need to know for taking an Instant Personal Loan
Apr 01, 2020, at 11:52 am
While keeping aside a small portion of your savings for unplanned and unannounced financial emergencies may seem like good practice, many times, the majority of us aren’t prepared for such situations. Thankfully, there are many financial options available in the market like an instant personal loan that you can consider at such times.
Maruti Suzuki sells 83,792 units in March
Apr 01, 2020, at 10:44 am
New Delhi/IBNS: Automobile giant Maruti Suzuki India Limited on Tuesday said it sold 83,792 units in March 2020.
Indian Market: Sensex, Nifty fall during early trade
Apr 01, 2020, at 10:04 am
Mumbai/IBNS: The Indian market dropped during early trade as both Sensex and Nifty showed a downward slide on Wednesday.
IndusInd Bank in troubled waters after erosion in deposits
Mar 31, 2020, at 11:16 pm
Mumbai/IBNS: IndusInd Bank shares slumped over 10 per cent on Tuesday after the bank revealed it has lost 10 per cent of its deposits since Yes Bank was declared insolvent this year, media reports said.
Satya Nadella's wife Anupama donates Rs. 2 cr to PM-CARES Fund
Mar 31, 2020, at 08:22 pm
New Delhi/IBNS: Microsoft CEO Satya Nadella's wife Anupama has donated Rs. 2 crore to the PM-CARES Fund, constituted to fight the impact of novel coronavirus in India.