Syndicate Bank extends Loan Restructuring Facility to MSMEs

Dec 03, 2019, at 05:33 pm

Bengaluru/UNI: Public lender Syndicate Bank has extended the restructuring of the loan to MSMEs. This will provide MSMEs a flexible repayment option and prevent their accounts from being classified as Non-Performing Assets (NPAs).

Airtel discontinues 3G services in Maharashtra, Goa

Dec 03, 2019, at 05:29 pm

Panaji/UNI: In line with its plan to phase out 3G technology, Bharti Airtel  on Tuesday announced the shutdown of 3G network in Maharashtra (excluding Mumbai) and Goa.

Bank of Baroda launches current account opening, pre-approved personal loan through tablet

Dec 03, 2019, at 05:26 pm

New Delhi, Dec 3 (UNI) Public sector bank Bank of Baroda on Tuesday announced the launch of “BarodaTabit” for digitising the retail liability and retail asset products through tablet.

Indian Rupee declines 5 paise against USD

Dec 03, 2019, at 05:24 pm

Mumbai, Dec 3 (UNI) The Rupee on Tuesday slipped by five paise to 71.70 in opening trade on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.

Yes Bank drops by 7.10 pc to Rs 59.50

Dec 03, 2019, at 05:13 pm

Mumbai, Dec 3 (UNI) Yes Bank on Tuesday declined by 7.10 pc to Rs 59.50 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).

Indian market: Sensex down 126.72 pts

Dec 03, 2019, at 05:11 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Tuesday slipped by 126.72 points to settle at 40,675.45 on profit-booking in Yes Bank, Tata Steel and M & M stocks.

GST revenue: High growth in Haryana continues for fifth month

Dec 03, 2019, at 04:44 pm

Chandigarh, Dec 3 (UNI) The trend of high growth in the State GST revenue of Haryana continued for the fifth month in a row in the current financial year, registering growth rate of 33.5 per cent in November, 2019 over the corresponding month of the previous financial year.

Kotak Mahindra Bank extends its offer of free FASTag till Dec 15

Dec 02, 2019, at 06:30 pm

Kolkata/IBNS: Kotak Mahindra Bank on Monday announced that it has extended its offer of the waiver of the issuance fee on Kotak FASTag till Dec 15.

Walmart India, HDFC Bank announce co-branded credit card exclusively for over 1 million ‘Best Price’ members

Dec 02, 2019, at 06:17 pm

Kolkata/IBNS: Walmart India, the wholly owned subsidiary of Walmart Inc., has partnered with HDFC Bank Ltd. to launch a co-branded credit card exclusively for members of its Best Price Modern Wholesale “B2B Cash & Carry” stores. 

Indian Rupee recovers by 9 paise against USD

Dec 02, 2019, at 05:38 pm

Mumbai/UNI: The Rupee on Monday recovered by nine paise to 71.65 against the greenback on fresh selling of US Dollars by bankers and exporters, dealers at the Forex Market said.

Bharti Airtel moves up by 3.67 pc to Rs 458.55

Dec 02, 2019, at 05:29 pm

Mumbai/UNI: Bharti Airtel on Monday moved up by 3.67 per cent to Rs 458.55, to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).

Uber creates 500 new jobs in India

Dec 02, 2019, at 05:20 pm

Kolkata/IBNS: With the objective of offering rapid, reliable and world class customer support to all its customers, Uber, the world’s largest on-demand ride-sharing company, announced on Saturday the launch of India’s second Center of Excellence (COE) in Visakhapatnam.

Tata Motors bags orders to supply over 2300 buses to various State Transport Undertakings

Dec 02, 2019, at 05:19 pm

Mumbai/IBNS: Reaffirming its commitment to provide best-in-class solutions for public transportation, India’s leading bus brand Tata Motors on Monday announced that it has bagged a huge order of over 2300 buses from various State Transport Undertakings, namely Rajasthan (RSRTC), Karnataka (KSRTC/ BMTC/ NWKRTC), Uttar Pradesh (UPSRTC), Tamil Nadu (IRT), and Andhra Pradesh (APSRTC). Tata Motors is working towards completing this order by February 2020. 

Kolkata: ICICI Bank inaugurates new branch in Chetla

Dec 02, 2019, at 04:53 pm

Kolkata/IBNS: ICICI Bank inaugurated a new branch at Chetla Central Road in South Kolkata. The branch offers locker facility and an in-branch ATM which is available 24X7.

Indian market: Sensex ends flat at 40,802.17 pts

Dec 02, 2019, at 04:50 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchagne (BSE) on Monday ended on a steady note at 40,802.17 points, rising by 8.36 points after a volatile session on Monday.

Kia Seltos consolidates position as India’s largest selling SUV, leads the pack for two months in a row

Dec 02, 2019, at 03:49 pm

New Delhi/IBNS: Automobile major Kia Motors India, wholly owned subsidiary of Kia Motors Corporation and world’s 8th largest automaker, continues its upward momentum; selling 14,005 units of Seltos in November 2019.

Vodafone Idea to hike mobile call, data charges 

Dec 01, 2019, at 07:21 pm

New Delhi/IBNS/UNI: Telecom major Vodafone Idea on Sunday announced a hike in mobile calls and data charges from Dec 3.

Maruti Suzuki India records 1.9 percent decline in sales in November

Dec 01, 2019, at 07:11 pm

New Delhi/IBNS: Automobile major Maruti Suzuki on Sunday recorded that its November sales showed a 1.9 per cent decline.

Airtel announces revised tariffs for mobile customers, to be effective from Dec 3

Dec 01, 2019, at 06:45 pm

Kolkata/IBNS: Bharti Airtel, an integrated telecommunications company, on Sunday announced its revised tariff plans for its mobile customers.

Tata Motors registered domestic sales of 38,057 units in November

Dec 01, 2019, at 05:21 pm

Mumbai/IBNS: Automobile major Tata Motors Limited on Sunday announced its sales in the domestic & international market, for the month of November 2019, which stood at 41,124 vehicles, compared to 55,074 units during November 2018.  

MG Motor India retails 3239 units of HECTOR in November 2019

Dec 01, 2019, at 04:20 pm

New Delhi/IBNS: Underlining its growth momentum, MG Motor India has revealed the latest monthly sales figures for MG HECTOR, the country’s first internet car as the November retail sales stood at 3239 units.

Hyundai Venue to end 2019 with one lakh bookings

Nov 30, 2019, at 06:15 pm

Chennai/UNI: Passenger car maker Hyundai Motor India Limited (HMIL) on Saturday announced that its Super Performer Brand Hyundai Venue is all set to close the calendar year 2019 with 100,000 bookings.

Economy, society in a worrisome state, small changes not enough : Manmohan Singh

Nov 30, 2019, at 12:37 am

New Delhi/UNI/IBNS: Former Prime Minister Dr Manmohan Singh on Friday expressed deep concern over the state of  economy saying it is a reflection of the state of society. He made the comment on a day when hinting that the country's economy might be witnessing a slowdown, India's second-quarter GDP stood at 4.5 percent, the lowest in six years. 

Kolkata: Airtel 4G offers the ‘Best Video Experience’ on smartphone

Nov 29, 2019, at 06:47 pm

Kolkata/IBNS: Bharti Airtel,a telecom company, on Friday said that according to a new report by Opensignal, Airtel’s mobile network delivers the ‘Best Video Experience’ to smartphone users in Kolkata.

Services Australia selects Infosys to Digitize Welfare Entitlements

Nov 29, 2019, at 06:44 pm

Melbourne, Australia / Kolkata/IBNS: Infosys, a global leader in next-generation digital services and consulting, has today announced an agreement with the Australian Federal Government’s Services Australia to transform the entitlement calculation engine for the nation’s welfare system.

Indian Rupee down 13 paise to 71.74 against USD

Nov 29, 2019, at 06:17 pm

Mumbai/UNI: The Rupee on Friday slipped by 13 paise to close negative at 71.74 against the greenback on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.

India's GDP for July-September drops to 4.5 pct

Nov 29, 2019, at 05:53 pm

New Delhi/IBNS: Hinting that the country's economy might be witnessing a slowdown, India's second-quarter GDP stood at 4.5 percent, the lowest in six years, as per government data released on Friday.

Indian market: Sensex down 336.36 pts

Nov 29, 2019, at 04:25 pm

Mumbai/UNI: The benchmark index of Bombay Stock Exchange (BSE) on Friday dropped by 336.36 points to settle at 40,793.81, expecting slower GDP numbers for September quarter due later in the day amid weak global cues.

Tata Motors DVR drops by 2.79 pc to Rs 71.30

Nov 29, 2019, at 04:22 pm

Mumbai/UNI: Tata Motors DVR on Friday slipped by 2.79 per cent to Rs 71.30 to be the top losers in the 30 scrips index of Bombay Stock Exchange (BSE).

Growth rate slowdown in India itself a big problem : Rangarajan

Nov 29, 2019, at 03:36 pm

Hyderabad/UNI: Reserve Bank of India former Governor C Rangarajan on Friday said though there is no recission, the growth rate slowdown in India is itself a ‘big problem.