Microfinance loan portfolio rises 29.26 pc in FY20 to Rs 2,31,788 cr
Jun 19, 2020, at 04:41 pm
Kolkata/UNI: The microfinance industry served 5.89 crore unique borrowers through 10.54 crore loan accounts as on March 31, 2020.
Bajaj Allianz Life launches Flexible Income Plan
Jun 19, 2020, at 03:49 pm
New Delhi/UNI: Bajaj Allianz Life, one of India’s leading private life insurers, on Friday launched a Flexible Income Plan which truly is as flexible as one's needs.
Public Investment Fund to invest Rs. 11367 crore in Jio Platforms
Jun 19, 2020, at 09:22 am
Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, on Friday announced an investment of Rs. 11,367 crore by The Public Investment Fund (“PIF”).
-1592488060.jpg "BS6 compliant Maruti Suzuki Celerio now available in S-CNG")
BS6 compliant Maruti Suzuki Celerio now available in S-CNG
Jun 18, 2020, at 07:17 pm
Kolkata/IBNS: Maruti Suzuki India Limited has rolled out BS6 compliant S-CNG variant of Celerio.
Amid growing anti-China sentiment, Oppo cancels 5G phone live launch in India
Jun 18, 2020, at 02:13 pm
Mumbai/IBNS: As the anti-China sentiment is growing massively in India following the standoff between the soldiers of the two nations in the border, mobile phone company Oppo cancelled the live launch of its 5G phone in the South Asian country, media reports said.
India's economy ready to bounce back: PM Modi
Jun 18, 2020, at 01:28 pm
New Delhi/UNI: Exuding confidence, Prime Minister Narendra Modi on Thursday said India's economy was ready to bounce back and there could not be a better time to make a new beginning.
Godrej Appliances enables offline retailers to drive business online
Jun 17, 2020, at 07:48 pm
Kolkata/UNI: Godrej Appliances, one of India’s leading Consumer Appliances brand, has launched a series of initiatives to empower the offline trade partners to be present online and reach customers digitally.
Panasonic India enables offline retailors to sell through online platform Benow
Jun 17, 2020, at 05:12 pm
Kolkata/IBNS: tech giant Panasonic India, a diversified technology company, today announced its partnership with the digital payment platform Benow to digitalize its offline retail network in India.
Global oil trade in 2019 saw first decline in decade
Jun 17, 2020, at 04:54 pm
Vienna/Sputnik/UNI: Global oil trade shrank last year for the first time since the 2009 financial crisis, the annual statistical review of world energy published by BP on Wednesday showed.
Rupee ends by 6 paise rise against USD
Jun 17, 2020, at 04:42 pm
Mumbai/UNI: The Rupee on Wednesday rose marginally by six paise to end positive at 76.15 against the US Dollar on selling it by bankers and exporters, dealers at the Forex Market said.
NATCO Pharma consolidated Q4 net profit declines 22.10 pc to Rs 94.10 cr
Jun 17, 2020, at 04:40 pm
Mumbai/UNI: NATCO Pharma has posted a decline of 22.1 percent in its consolidated net profit for the quarter ended March 31, 2020 at Rs 94.10 crore as against Rs 120.8 crores for the same quarter a year ago.
Welspun Corp Q4 registers Rs 138.27 crore net profit
Jun 17, 2020, at 04:38 pm
Mumbai/UNI: Welspun Corp has reported a net profit of Rs 138.27 crores for the quarter ended March 31, 2020 as against net loss of Rs 148.72 crores for the quarter ended March 31, 2019.
Jun 17, 2020, at 04:35 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Wednesday ended on a weak note closing at 33,507.92 down by 97.30 pts.
Samsung launches Galaxy A21s in India
Jun 17, 2020, at 04:15 pm
New Delhi/IBNS: Electronic good manufacturer Samsung on Wednesday announced the launch of Galaxy A21s, its most affordable Galaxy A smartphone of 2020.
Trade in many developing countries projected to ‘nosedive’, warns UNCTAD
Jun 17, 2020, at 09:40 am
New York/IBNS: Trade in many developing countries is expected to take a “nosedive” in the second quarter of 2020, owing to the unprecedented effects of the coronavirus pandemic, UN economists said on Tuesday.
Zydus Cadila receives final approval from USFDA for Deferasirox Tablets
Jun 16, 2020, at 07:28 pm
Mumbai/UNI: Pharma major, Zydus Cadila on Tuesday said it has received final approval from the USFDA to market Deferasirox Tablets in the strengths of 90 mg, 180 mg and 360 mg.
Maruti Suzuki ties up with IndusInd Bank to offer a range of finance options for customers
Jun 16, 2020, at 06:36 pm
New Delhi/IBNS: Automobile giant Maruti Suzuki India Limited (MSIL) has collaborated with IndusInd Bank to arrange attractive finance schemes to help customers buy their favourite car.
Indian Market: Sensex regains 376.42 points
Jun 16, 2020, at 06:23 pm
Mumbai/UNI: The BSE Sensex on Tuesday jumped 376.42 points at 33,605.22 following gains in HDFC Bank, ICICI Bank, Kotak Bank and Infosys amid positive global cues.
MG Motor India commences production of HECTOR PLUS at its Halol unit
Jun 16, 2020, at 06:20 pm
Vadodara/IBNS: Automobile major MG (Morris Garages) Motor India on Tuesday commenced the commercial production of the much-awaited HECTOR PLUS.
Tata Motors ups its Customer Service amidst lockdown
Jun 16, 2020, at 06:13 pm
Mumbai/IBNS: In a bid to provide consistent high quality service during the lockdown, Tata Motors has rolled out a variety of service initiatives for its customers.
ICICI Lombard introduces new benefits in its health insurance policies
Jun 16, 2020, at 06:11 pm
Kolkata/UNI: ICICI Lombard General Insurance, India’s largest private sector non-life insurance company, has rolled out a host of offerings for its health indemnity customers, in light of the coronavirus pandemic.
Indian Market: Sensex jumps over 700 pts
Jun 16, 2020, at 04:22 pm
Mumbai/UNI: The benchmark index of Bombay stock exchange on Tuesday surged by 794 pts to 34,022.01 in opening trade as buying was witnessed across the board amid strong global peers.
Indian Rupee drops 19 paise against USD
Jun 16, 2020, at 04:20 pm
Mumbai/UNI: The Rupee tumbled down 19 paise to 76.21 against the US Dollar on brisk demand for the American currency by bankers and importers, dealers at the Forex Market said.
Jun 16, 2020, at 04:18 pm
Chennai/UNI: HMD Global, the home of Nokia phones, on Monday launched Nokia 5310.
Airtel Payments Bank launches Suraksha Salary Account for MSME sector
Jun 15, 2020, at 09:51 pm
Kolkata/IBNS: As India begins to open up following the COVID-19 lockdown, Airtel Payments Bank announced the launch of ‘Suraksha Salary Account’ - an innovative salary account, according to the bank, for the Micro, Small and Medium Enterprises (MSME).
IndusInd Bank shares by 7.27 pc to Rs 489.65
Jun 15, 2020, at 05:52 pm
Mumbai/UNI: IndusInd Bank shares on Monday tumbled down by 7.27 pc to Rs 489.65, a major loser in 30 scrips of BSE.
Indian Market: Sensex down 552.09 pts
Jun 15, 2020, at 04:47 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday nosedived by 552.09 pts to close negative at 33,228.80 as selling was seen in Bankex, Realty, Finance, Capital Goods and Consumer Durable stocks amid weak global cues.
State Bank of India initiates steps to recover $158 million from Anil Ambani
Jun 15, 2020, at 03:52 pm
Mumbai/IBNS: State Bank of India is taking steps to recover the two guarantees furnished by former billionaire Anil Ambani, which according to a news report is worth over $158 million, according to news reports.
Bharti AXA General increases 38% Premium Income to Rs 3,157 crore in FY20
Jun 15, 2020, at 01:13 pm
Kolkata/IBNS: Bharti AXA General Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, Monday said the company has registered a 38 per cent increase in its premium income in the financial year 2019-20.
Indian Market: Sensex ends up by 242.52 pts
Jun 12, 2020, at 06:36 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Friday bounced back by 242.52 pts to close at 33,780.89 in high volatility on fresh buying in Energy, Telecom, Auto, Realty and Oil and Gas stocks amid weak Asian Market.