HDFC raises lending rates by 5 bps, EMIs to go up
May 01, 2022, at 11:01 pm
Mumbai: Private sector lender HDFC on Sunday said it had raised its benchmark lending rate by 5 basis points.
India's April GST collection touches Rs 1,67,540 crore
May 01, 2022, at 10:13 pm
New Delhi: The gross GST revenue collected in the month of April is Rs 1,67,540 crore, as per data released by the Indian government on Sunday.
Twitter CEO Parag Agrawal faces employee anger as they anticipate mass exodus after Musk's criticism
May 01, 2022, at 02:16 am
Twitter CEO Parag Agrawal faced the wrath of employees during a company-wide meeting where they questioned the managers on how they were going to handle an anticipated mass exodus prompted by Elon Musk, whose $44 billion takeover proposal was approved by the microblogging site's board earlier this week.
ED attaches Rs 5,551 cr of Chinese smartphone giant Xiaomi for forex violations
May 01, 2022, at 12:52 am
New Delhi: The Enforcement Directorate (ED) has seized Rs 5,551.27 crore of Xiaomi Technology India Pvt Ltd - a 'wholly-owned subsidiary of China-based Xiaomi group' under the provisions of the Foreign Exchange Management Act (FEMA), 1999.
Apr 30, 2022, at 11:55 pm
Kolkata/IBNS: During the national conclave Dream, Believe, Magic (DBM) hosted by Young India, youth arm of CII (Confederation of Indian Industries), Co-founder of Emcure Pharmaceuticals Namita Thapar said she bets on passionate and driven entrepreneurs who recognise their market in-depth.
Elon Musk offloads $8.5 billion worth of shares in Tesla
Apr 30, 2022, at 06:59 am
Tesla's top boss Elon Musk has sold $8.5 billion worth of shares in the electric carmaker, media reports said.
India's core sector output moves up 4.3 pc in March, coal production dips
Apr 30, 2022, at 01:16 am
New Delhi: India's core sector output grew 4.3 percent year-on-year in March 2022, according to data released by the Commerce and Industry Ministry on Friday.
Tata Passenger Electric Mobility reveals new Avinya concept built on pure EV architecture
Apr 30, 2022, at 12:57 am
Mumbai: Tata Passenger Electric Mobility (TPEM), today globally unveiled the Avinya Concept – an expression of the company’s vision of a pure electric vehicle, based on its GEN 3 architecture.
Countdown begins: LIC's Initial Public Offering to commence on May 4, ends on May 9
Apr 30, 2022, at 12:04 am
Kolkata: The countdown has started as state-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription and will continue till May 9.
Indian Market: Sensex down 460.19 points
Apr 29, 2022, at 11:08 pm
Mumbai: The BSE Sensex on Friday tanked 460.19 points to close at 57,060.87 owing to profit booking by local operators at higher-level.
LIC's Initial Public Offering to open on May 4
Apr 29, 2022, at 11:06 pm
Kolkata: State-owned insurance major Life Insurance Corporation of India's Initial Public Offering (IPO) will open on May 4 for subscription.
Mukesh Ambani preparing to launch India's biggest IPOs
Apr 29, 2022, at 09:42 pm
Mumbai: Reliance Industries Ltd (RIL) chairman Mukesh Ambani is set to launch initial public offerings (IPOs) for Reliance Jio and Reliance Retail Ventures, media reports said.
Bharat BillPay to offer recurring payments to farmers across India in collaboration with FAARMS
Apr 29, 2022, at 07:18 pm
Mumbai: Bharat Bill Payment System, the one-stop platform for facilitating all recurring payments across categories has collaborated with FAARMS to enable the recurring payments facility for all the farmers across India.
Pidilite Industries strengthens its waterproofing portfolio - partners with GCP Applied Technologies
Apr 29, 2022, at 04:41 pm
Adhesives, sealants and construction chemicals manufacturer Pidilite Industries has partnered with US-based GCP Applied Technologies, a global player in construction products, to offer high-performance waterproofing solutions for challenging sites that have exposure to high-temperature variation and water table, under its brand Dr.Fixit.
Department of Posts starts providing NPS services through online mode
Apr 29, 2022, at 04:36 pm
New Delhi: The postal department has launched the National Pension Scheme (All Citizen Model) through online mode, effective from April 26, 2022.
'Still there': Twitter CEO Parag Agrawal clarifies after buzz over his future
Apr 29, 2022, at 04:54 am
Twitter CEO Parag Agrawal has tried to dismiss speculations over his future in the company after its hostile takeover by Tesla and Space X boss Elon Musk in a $44 billion cash deal.
PVR Cinemas announces tie-up with Oma Cinema of France
Apr 29, 2022, at 04:42 am
Las Vegas/IBNS: PVR Cinemas, a premium film exhibition company in India, has entered into an exclusive tie-up with Oma Cinema of France.
EDC pays dividend of Rs 86 lakh to Goa govt
Apr 29, 2022, at 01:35 am
Panaji/UNI: Economic Development Corporation (EDC) Ltd has paid a dividend of Rs 86 lakh to Goa Government for the financial year 2020-21, an official statement said on Thursday.
Axis Bank Q4FY22 result: PAT up 54 pc YOY to Rs 4,118 cr
Apr 29, 2022, at 01:09 am
Mumbai: Private sector lender Axis Bank Thursday announced a net profit of Rs 4,118 crores for Q4FY22, up 54 percent year-on-year and 14 percent quarter-on-quarter.
Apr 29, 2022, at 12:37 am
Kolkata/IBNS: Gainwell Engineering has partnered with World Coal Association to be a forerunner in promoting sustainable coal mining and reducing the imports of equipment pertinent to the process.
After Twitter, Elon Musk now wants to buy Coca Cola 'to put the cocaine back in'
Apr 28, 2022, at 06:17 pm
San Francisco/IBNS: After bagging the social media giant Twitter, billionaire Tesla CEO Elon Musk is now aiming to buy soft drink company Coca Cola, at least his recent tweet says that.
Mumbai: Reliance to launch luxury shopping mall for India's richest buyers
Apr 28, 2022, at 01:21 am
Mumbai: Eyeing India's growing western luxury brand market, billionaire Mukesh Ambani-led Reliance is planning to open a mega shopping mall that will be a shopping paradise for India's uber-rich, Reuters reported.
Honda 2Wheelers India Inaugurates BigWing Topline in Kolkata
Apr 28, 2022, at 12:51 am
Kolkata: Honda Motorcycle & Scooter India (HMSI) today elevated the #GoRidin spirit with the inauguration of premium big bike business vertical - the Honda BigWing Topline in Kolkata.
TVS Motor Company signs MoU with Rapido
Apr 28, 2022, at 12:32 am
Hosur: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, announced a strategic partnership with Rapido, India’s leading on-demand delivery and mobility platform today by signing a Memorandum of Understanding (MoU).
Indian Market: Sensex down 537.22 pts
Apr 27, 2022, at 11:03 pm
Mumbai: The BSE Sensex on Wednesday dropped 537.22 pts to close at 56,819.39 on weak global cues.
Tata Motors wins largest govt e-bus tender worth Rs 5,000 cr
Apr 27, 2022, at 10:35 pm
New Delhi: Tata Motors has emerged as the least cost bidder across all five categories of electric buses contained in the Grand Challenge tender process under the remodeled FAME II scheme for electric buses.
Air India proposes to buy 100 pc stake in Air Asia India
Apr 27, 2022, at 08:25 pm
Mumbai: Air India has proposed to buy a 100 percent stake in fellow Tata group-owned Air Asia India with the aim to merge the budget airline with Air India Express, its low-cost entity, to save operational costs.
RIL becomes first Indian company to cross Rs 19 trillion in market cap
Apr 27, 2022, at 07:07 pm
Mumbai: Reliance Industries Ltd (RIL) has become the first-ever Indian company to cross a market capitalization (m-cap) of 19 trillion or 19 lakh crore as the company's stock hit record hit a record of Rs 2,827.10 on BSE, up 1.7 percent intraday, said media reports.
Abu Dhabi Investment Authority to buy stake in Instas Pharma
Apr 27, 2022, at 05:48 pm
The Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund owned by the Emirate of Abu Dhabi, is going to acquire about 3 percent in Intas Pharmaceuticals for $250-$270 million (Rs 2,000 crore) at a valuation of $8.5 billion (Rs 65,000 crore), media reports said.
Jazeera Airways announces KD3.8 million in net profit in first quarter 2022
Apr 27, 2022, at 05:45 pm
Kuwait: Kuwaiti airline Jazeera Airways has announced a net profit of KD3.8 million for the first quarter (Q1) of 2022, compared to a net loss of KD5.2 million in the first quarter of 2021. Total revenue for the quarter reached KD35.7 million, up 339.2%, while operating profit stood at KD5.3 million, up 199.3%.