Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
Mar 06, 2020, at 03:05 pm
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
No F&O contracts for Yes Bank after May 28: NSE
Mar 06, 2020, at 01:33 pm
Mumbai/UNI: All existing futures and options (F&O) contracts of Yes Bank, across all expiries, will expire on May 28, 2020, a circular issued by the National Stock Exchange of India (NSE) said on Friday.
Mar 06, 2020, at 01:29 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) sensex on Friday tanked by 1,212 points at 37,258 in opening trade following sell-off in global markets, as fear of the spread of the coronavirus and its economic impact gripped investors.
Swift action will be taken to revive Yes Bank: RBI Governor Shaktikanta Das
Mar 06, 2020, at 11:43 am
Mumbai/IBNS: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said the crisis-hit Yes Bank will be revived by the country's central bank very "swiftly" and "fast".
Indian market opens in red, Sensex starts 3.79 percent lower
Mar 06, 2020, at 09:46 am
Mumbai/IBNS: Indian market started in red as early trade showed Sensex opening 3.79 percent lower at 37,011 on Friday.
Govt imposes withdrawal limit on Yes Bank, SBI to acquire stakes
Mar 05, 2020, at 11:09 pm
New Delhi/IBNS: In a major crisis for Yes Bank, the government on Thursday imposed a withdrawal limit of Rs 50,000 for depositors of the beleaguered private bank.
YONO SBI reaches milestone of 20 million registered users
Mar 05, 2020, at 07:32 pm
Kolkata/UNI: State Bank of India’s (SBI’s) path breaking comprehensive digital service platform - YONO (‘You Only Need One’) has now touched the landmark of 20 million registered users.
RailYatri plans to expand its IntrCity smart bus fleet to 300 in next 12 months : CEO
Mar 04, 2020, at 08:46 pm
Hyderabad/UNI: Online travel start-up RailYatri is planning to expand its ‘ IntrCity ‘ smart bus Fleet to 300 by next 12 months in the country, IntrCity by RailYatri.in CEO Manish Rathi said on Wednesday.
Coca-Cola identifies West Bengal as a key growth market, introduces hyper-local initiatives
Mar 04, 2020, at 06:41 pm
Kolkata/IBNS: Considering West Bengal as its key growth market, soft drink giant Coca Cola on Wednesday said it has rolled out Bengali packaging labels for all beverages across its portfolios as a part of its strategy for the region.
China's 5G investment on verge of peaking: Report
Mar 04, 2020, at 06:09 pm
Beijing/Xinhua/UNI: China will see large-scale investment in 5G infrastructure as relevant standards mature and upstream hardware further improves, said a report published Wednesday by S&P Global (China) Ratings, a wholly-owned subsidiary of S&P Global Inc. registered in Beijing.
Cabinet recommends amalgamation of 10 PSBs into 4 from Apr 1
Mar 04, 2020, at 04:58 pm
New Delhi/UNI: The Union Cabinet on Wednesday approved the mega consolidation of 10 PSBs into four.
LLP settlement Scheme launched, to allow one-time condonation of delay
Mar 04, 2020, at 04:28 pm
New Delhi/UNI: As part of Government’s constant efforts to promote ease of doing business, the government has been decided to give a One-time relaxation in additional fee to the defaulting Limited Liability Partnerships to make good their default by filing pending documents and to serve as a compliant LLP in future.
Cabinet approves Companies (Second Amendment) Bill, 2019
Mar 04, 2020, at 04:24 pm
New Delhi/IBNS: The Union Cabinet, chaired by Prime Minister Narendra Modi has approved the Companies (Second Amendment) Bill, 2019 to amend the Companies Act, 2013.
India to export over 35 lac tons of sugar despite fall in production
Mar 03, 2020, at 10:22 pm
New Delhi/IBNS: Despite fall in sugar production, Indian sugar mills are going to export over 35 lac tons of sugar, Indian Sugar Mills Association(ISMA) said in a statement today.
Arcelor Mittal Nippon Steel India acquires Bhander Power plant
Mar 03, 2020, at 06:33 pm
New Delhi/IBNS: ArcelorMittal Nippon Steel India (AM/NS India) on Tuesday announced that it has completed the acquisition of Bhander Power Plant in Hazira, Gujarat from Edelweiss Asset Reconstruction Company.
Namibia to construct 4 wind power plants in national park
Mar 03, 2020, at 05:09 pm
Windhoek/Xinhua/UNI: Namibia has approved the construction of four wind power plants in the Tsau Khaeb (Sperrgebiet) National Park in the country's coastal town Luderitz, officials said Tuesday.
Sun Pharma rallied by 6.64 pc to Rs 393.35
Mar 03, 2020, at 05:03 pm
Mumbai/UNI: Sun Pharma on Tuesday advanced by 6.64 per cent to Rs 393.35 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
Indian market: Sensex ends up by 479.68 pts
Mar 03, 2020, at 04:59 pm
Mumbai/UNI: Snapping a losing streak of last seven sessions, the BSE Sensex on Tuesday rallied by 479.68 points to 38,623.70 on fresh buying across the board amid positive global cues expecting that global central banks will introduce monetary policy measures to mitigate the economic impact of the coronavirus.
Bill to give RBI powers to regulate cooperative banks introduced in LS
Mar 03, 2020, at 04:53 pm
New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Tuesday introduced the Bill which proposes to amend the Banking Regulation Act and bring multi-state cooperative banks under effective regulation of RBI.
Dubai firm threatens to move court against Maharashtra govt over a multi-billion dollar project
Mar 03, 2020, at 11:42 am
Dubai/Mumbai/IBNS: A Dubai firm has threatened to take a legal step against the Maharashtra government for delaying a multi-billion dollar project which is aimed to redevelop Dharavi, a slum area in the Mumbai city of India with a population of about 700,000 people, Gulf News reported.
Super Smelters aims to substantially bring down impact of natural hazards
Mar 02, 2020, at 07:17 pm
Kolkata/IBNS: Super Smelters Limited, the flagship company of the SAI Group of Kolkata, has rolled out in the Indian market uniquely designed thermo- mechanically treated steel (TMT) bars to address the growing need from the construction industry.
Indian Rupee down by 55 paise against USD
Mar 02, 2020, at 05:42 pm
Mumbai/UNI: The Rupee on Monday dropped by 55 paise to Rs 72.73 on brisk demand for US Dollars by bankers and importers, dealers at Forex Market said.
Pekka Lundmark appointed as president, CEO of Nokia
Mar 02, 2020, at 04:44 pm
Helsinki/Xinhua/UNI: Finnish telecoms equipment maker Nokia's president and CEO Rajeev Suri will step down, while Pekka Lundmark, the outgoing president and CEO of Finnish energy firm Fortum, will replace him, Nokia said Monday.
Oppo launches Reno 3 Pro with 44 MP dual selfie camera
Mar 02, 2020, at 04:38 pm
New Delhi/UNI: Chinese smartphone maker Oppo on Monday announced Reno 3 Pro, the latest entry in the Reno series.
Sensex plunges down 153.27 pts
Mar 02, 2020, at 04:33 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Monday lost further by 153.27 points to settle at 38,144.02 as heavy selling was witnessed in almost all the stocks.
SBI drops by 5.10 pc to Rs 287.45
Mar 02, 2020, at 04:30 pm
Mumbai/UNI: State Bank of India on Monday slid by 5.10 pc to Rs 287.45 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).
GST collections up by 8 percent in February
Mar 02, 2020, at 07:44 am
New Delhi/IBNS: The Indian government on Sunday said it collected Rs. 1.05 lakh crore as GST revenue in February this year, official data released showed.
Tata Motors registered domestic sales of 38,002 units in February 2020
Mar 01, 2020, at 06:19 pm
Mumbai/IBNS: Automobile major Tata Motors Limited on Sunday announced its sales in the domestic & international market, for the month of February 2020, which stood at 40,634 vehicles, compared to 60,151 units during February 2019.
Maruti Suzuki's domestic sales drop by 36 pct in February
Mar 01, 2020, at 04:44 pm
New Delhi/IBNS: Continuing the downward trend, Indian automobile giant Maruti Suzuki on Sunday said it marked a decline in February sales by 3.6 percent.
Andhra Bank announces opening of Sovereign Gold Bond scheme 2019-20 Series-X
Feb 29, 2020, at 05:28 pm
Hyderabad/UNI: Public Sector Andhra Bank has announced the opening of Sovereign Gold Bond Scheme (SGBS) 2019-20 series-X as notified by Government of India for public subscription from Monday.