Sensex falls more than 200 points, Nifty dips to 11,600
Oct 22, 2019, at 02:22 pm
Mumbai: In the afternoon trade, domestic benchmark indices dipped to the lowest point with Sensex falling more than 200 points and Nifty touching 11,600.
Whistleblowers accuse Infosys CEO Salil Parekh of fudging company's financials and inflating profits
Oct 22, 2019, at 11:42 am
Rockville, Maryland/Bengaluru/IBNS: Mounting troubles for IT giant Infosys, a group of anonymous whistleblowers from the employees have alleged that that CEO Salil Parekh has been fudging the company’s financials and inflating profits in the recent quarters, media reports said. Infosys shares plunged by nearly 16 per cent on Tuesday after the accusations in the IT giant's worst single-day fall in over six years.
Infosys ranked number 1 in HFS Top 10 Banking & FS Sector Service Providers 2019
Oct 21, 2019, at 10:43 pm
London/IBNS: Infosys, a global leader in next-generation digital services and consulting, has been rated as the number 1 player in the HFS Top 10 Banking and Financial Services Sector Service Providers 2019.
Oct 20, 2019, at 04:52 pm
New Delhi: Union Finance Minister Nirmala Sitharaman has said that the global economic risks and imbalances reinforce the need to strengthen global co-operation at the multilateral level, besides governmental initiatives.
BRS Ventures to use Artificial Intelligence to improve tea industry in Assam
Oct 20, 2019, at 03:27 pm
Guwahati/IBNS: An Indian origin billionaire businessman owned NRI company will use Artificial Intelligence (AI) system to bolster the tea industry in Assam.
Automobile major TVS Motor Company launches TVS Racing Performance Gear at MotoSoul 2019
Oct 19, 2019, at 05:22 pm
Panaji, Oct 19 (UNI) TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, on Saturday, at its maiden annual event for racing enthusiasts – MotoSoul 2019, launched the TVS Racing Performance Gear. It combines premium build quality with stylish new-age urban design.
A guide to calculating how much term life insurance to buy
Oct 18, 2019, at 11:59 am
In our younger years, we did not quite have to think about death as a factor — something which could affect our lives manifolds. However, with responsibilities weighing on our shoulders, it is imperative for us to think of such factors and come up with a backup plan for the worst.
IMF cuts India's growth estimate to 6.1%
Oct 18, 2019, at 11:49 am
New Delhi: The International Monetary Fund (IMF) has cut its 2019 year growth projection for India to 6.1% from 7% in July, urging India to resort to monetary policy and broad- based structural reforms to eliminate weaknesses and boost confidence among Investors.
Domestic markets firm; Nifty shoots above 11,600, Sensex gains over 150 points
Oct 18, 2019, at 11:06 am
Mumbai: The stock markets had a mix start on Friday, a day after the bourses reached the highest mark in the last three weeks making continuous gains in the last five sessions.
China’s economic growth slows to record low 6.0 pc in 3rd quarter - Statistics Bureau
Oct 18, 2019, at 08:16 am
Beijing (Sputnik/UNI) China’s gross domestic product (GDP) grew by 6.2 percent during the first three quarters of 2019, while in the third quarter, it increased by 6.0 percent, which is the slowest growth rate in 27 years on the record, the country’s National Bureau of Statistics said in a report issued amid China’s trade row with the United States that sparked a decrease in the Asian country’s economic growth.
SBI Card launches SBI Card Pay for contactless mobile payments
Oct 16, 2019, at 06:18 pm
Kolkata: SBI Card, a credit card issuer, on Wednesday announced the launch of ‘SBI Card Pay’, a payment feature based on Host Card Emulation (HCE) technology for faster, convenient and more secure card payments using mobile phones. Using SBI Card Pay, customers can make contactless payments at Near Field Communication (NFC) enabled point of sale terminals with just one tap of their mobiles, without using the physical credit card or entering any PIN.
CEAT launches the X3 series tyres for trucks in India
Oct 16, 2019, at 06:17 pm
Mumbai: Leading Indian tyre manufacturer CEAT Ltd on Wednesday announced the launch of its new and highly durable X3 series catering to the truck tyre segment in India.
Mercedes-Benz introduces G 350 d in India
Oct 16, 2019, at 06:16 pm
Mumbai: Luxury car manufacturer Mercedes-Benz on Tuesday further bolstered its strong SUV portfolio by adding the power of diesel to its iconic, unrivalled legend– The G-Class.
Bajaj Finance moves up by 3.57 pc to Rs 4018.75
Oct 16, 2019, at 05:07 pm
Mumbai, Oct 16 (UNI) Bajaj Finance on Wednesday moved up by 3.57 per cent to Rs 4018.75 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
Indian Market: Sensex gains 92.90 pts
Oct 16, 2019, at 05:03 pm
Mumbai, Oct 16 (UNI) Extending gains for the fourth straight day, the BSE Sensex on Wednesday moved up by 92.90 points to 38,598.99 on the strength of buying in ONGC, Yes Bank and HDFC scrips tracking positive Asian cues.
Exide enters e-rickshaw business
Oct 16, 2019, at 01:32 pm
Kolkata: Exide Industries Ltd, the stored energy solutions provider, on Wednesday announced its entry into the burgeoning e-rickshaw market of India by launching its first model branded “Exide Neo”.
Everything about Zero Depreciation Car Insurance Explained
Oct 15, 2019, at 06:46 pm
A family went out for a picnic in two cars, each of which was loaded with the family members only. Both were Toyota Fortuner of 2018 and 2019 model. The latest model of Fortuner had add-ons of Consumable cover and Zero Depreciation purchased under the Comprehensive Cover. On the other hand, Fortuner 2018 was a 1-year-old car covered with Comprehensive Insurance Policy only. On the way, a biker came speeding to merge in traffic and just a few minutes both the cars banged. The owner of the car filed claims to the insurer but there was a difference between the amount of settlement. Other than the variation in the extent of damages, the settled claim amount was different due to the Zero Depreciation Cover. Let us understand Zero Depreciation Car Insurance in detail.
Indian market: Sensex ends firm at 38,506.09; up 291.62 pts
Oct 15, 2019, at 05:45 pm
Mumbai, Oct 15 (UNI) The BSE Sensex remained strong for the third straight session on Tuesday as it advanced by 291.62 points to 38,506.09 on brisk gains in Auto, Bankex, Powergrid and Metal stocks tracking positive global sentiments triggered by China confirming phase-one trade deal with the US.
Indian rupee down 31 paise to 71.54 against USD
Oct 15, 2019, at 05:42 pm
Mumbai, Oct 15 (UNI) The Rupee on Tuesday slid by 31 paise to 71.54 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market.
IRCTC stock doubles on listing day
Oct 15, 2019, at 02:51 pm
Mumbai: The share price of Indian Railway Catering and Tourism Corporation (IRCTC) more than doubled the wealth of investors on Monday, as the government run entity listed at Rs 644 on the Bombay Stock Exchange (BSE), as against its issue price of Rs 320.
Amid gain in Asian markets, bourses open on positive note
Oct 15, 2019, at 11:08 am
Mumbai: The markets opened on a positive note on Tuesday with Sensex opening more than 150 points higher than its previous close, in line with gains in Asian markets.
Shiv Nadar tops EdelGive Hurun India Philanthropy List 2019, Azim Premji and Mukesh Ambani follow
Oct 14, 2019, at 10:43 pm
Kolkata: EdelGive Foundation and Hurun Report India on Monday unveiled the sixth edition of ‘EdelGive Hurun India Philanthropy List 2019’.
RBI relaxes withdrawal limit to Rs 40,000 for PMC bank depositors
Oct 14, 2019, at 10:35 pm
Mumbai: The Reserve Bank of India (RBI) has raised the withdrawal limit for account holders of trouble-torn Punjab Maharashtra Cooperative Bank to Rs 40,000 from Rs 25,000 after going through its liquidity position and ability to pay its depositors.
Nirmala Sitharaman assures Public Sector Banks in good health, have enough liquidity
Oct 14, 2019, at 09:44 pm
New Delhi: Union Finance Minister Nirmala Sitharaman on Monday said that the process of mega merger Public Sector Banks “is going on smoothly” and progressing in the right direction.
Indian rupee down 15 paise against USD
Oct 14, 2019, at 05:56 pm
Mumbai, Oct 14 (UNI) The Rupee on Monday tumbled down by 15 paise to 71.17 on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian market: Sensex ends up 87.39 pts
Oct 14, 2019, at 05:50 pm
Mumbai, Oct 14 (UNI) The BSE Sensex on Monday moved up by 87.39 points to 38,214.47 following gains in Telecom, Auto, Bankex, Realty and Metal stocks amid positive global cues.
Tata Motors move up by 5.32 pc to Rs 127.80
Oct 14, 2019, at 05:48 pm
Mumbai, Oct 14 (UNI) Tata Motors on Monday surged by 5.32 pc to Rs 127.80 to be the top gainers in the 30 scrips index of Bombay Stock Exchange (BSE).
Abhijit Vinayak Banerjee: Presidency-JNU alumnus jointly bags Nobel Prize
Oct 14, 2019, at 05:19 pm
New Delhi, Oct 14 (UNI) Indian-American Abhijit Vinayak Banerjee, his wife Esther Duflo and Michael Kremer of the US jointly won the 2019 Nobel Economics Prize on Monday for their experimental approach to 'alleviating global poverty'.
India's wholesale price inflation eases to 0.33% in September
Oct 14, 2019, at 04:42 pm
New Delhi: India's wholesale price inflation stood at o.33 percent in September, revealed government data released on Monday.
IRCTC registers bumper opening at the stock markets
Oct 14, 2019, at 03:04 pm
Mumbai: Indian Railway Catering and Tourism Corporation (IRCTC) shares had a stellar debut at the BSE and NSE with prices of the share going up more than twice the issue price on both the listings.