Tags Business news

Tag: Business news

Shipping ministry to be renamed: PM Modi

AHMEDABAD: Prime Minister Narendra Modi on Sunday mentioned the Ministry of Shipping is being renamed because the Ministry of Ports, Shipping, and...

Indian Economy: Signs of rebound? Factory expansion at decade-high; GST, auto, diesel gross sales upward push

NEW DELHI: India's production job expanded at its quickest tempo in over a decade in October, obviously indicating a restoration in a financial job,...

Aditya Puri palms over price, Jagdishan takes over as HDFC Bank MD & CEO

MUMBAI: At 5:30 pm on Monday, Aditya Puri stepped out of HDFC Bank's company headquarters after delivering the price to...

Happiest Minds IPO subscribed 151 instances, sees bids value Rs 58,000 cr

The preliminary public providing (IPO) of Happiest Minds Technologies has been subscribed to just about 151x, producing bids value greater than Rs 58,000 crore...

After petrol, diesel call for returns to pre-Covid-19 ranges

NEW DELHI: After petrol, diesel demand has returned to pre-Covid-19 ranges as gross sales rose 8. Eight in line with cent within the first...

WhatsApp bills: Supreme Court problems realize to RBI, NPCI over WhatsApp bills

NEW DELHI: The Supreme Court on Thursday sought responses from the Centre, the RBI, and the National Payments Corporation of India on...

Air India Sale: Government to move forward with Air India sale, would possibly not retire debt

NEW DELHI: The executive is transferring forward with Air India strategic sale and is predicted to invite suitors to bid in line...

Vodafone arbitration case: ‘Sovereign proper to tax’: Govt would possibly not enforce global tribunal’s order on Vodafone

  NEW DELHI: The Centre has started a world arbitration tribunal’s order within the Vodafone case impinges on its sovereign proper...

Wipro Q2 Results: Wipro Q2 benefit slips 3.4% to Rs 2,466 crore; approves Rs 9,500 crore percentage buyback plan

NEW DELHI: Software products and services exporter Wipro on Tuesday reported a three. Four p.c fall in its consolidated internet benefit for the second...

India shall be the Third-largest economic system via 2050

NEW DELHI: India is more likely to overtake Japan because the 3rd biggest economic system on the earth via 2050...

Home Loan Interest Rate: Interest charges on house loans above Rs 30 lakh more likely to drop

Interest charges on house loans above Rs 30 lakh will transform inexpensive, with the Reserve Bank of India (RBI) making it more cost-effective for...

TCS Salary Hike: TCS to provide wage hikes from October

BENGALURU: TCS will give salary hikes to all its employees from the start of this month and the quantum is being labored out. IT...

Sebi comes out with a uniform timeline for checklist securities on personal placement foundation

NEW DELHI: Markets regulator Sebi on Monday got here out with a uniform period of time for checklist securities, together...

In a primary, SBI hires externally to fill CFO submit

MUMBAI: State Bank of India (SBI) has appointed Charanjit Attra, a specialist with EY, as its leader monetary officer (CFO)....

LIC Listing: Eye on buyers, the government plans to list LIC out of the country

NEW DELHI: The govt is comparing the choice for an in a foreign country list of Life Insurance Corporation (LIC), the rustic’s...

SBI launches portal for mortgage restructuring scheme: All you want to understand

NEW DELHI: India's biggest lender the State of Bank of India (SBI) on Monday introduced an online portal for the implementation of a loan...

Govt alerts it has improved to push its GST system

NEW DELHI: The govt on Sunday indicated that it had the specified improvement from states and Union Territories to push thru its GST compensation...

Government’s model of Amazon is helping it save $1 billion

NEW DELHI: The Indian government’s transfer to shift part of its $400 billion public procurement to a web-based marketplace platform has already stored the...

India’s exterior debt up just about 3% to $559 billion at March-end

NEW DELHI: India's general external debt greater by means of 2.eight in keeping with cent to $558.five billion on the finish of March basically...

The govt proposes permitting cos with no longer not up to 300 employees to fireplace group of workers without its nod

NEW DELHI: Companies having no longer not up to 300 employees will quickly be allowed to rent and fireplace employees without looking for prior...

Op-ed: Markets are up and the economic system is down. Here are some strikes traders could make

The New York Stock Exchange. Andrew Burton | Getty Images The monetary markets are emerging and the economic system is falling. What is with this disconnect...

Sensex falls 323 issues as monetary shares slide; Nifty ends at 11,516

NEW DELHI: Equity indices fell on Thursday with the benchmark BSE Sensex sliding over 300 issues led via losses in monetary shares. Sensex plunged...

HDFC Bank launches video KYC

MUMBAI: HDFC Bank has enabled the opening of financial savings account remotely by means of activating video KYC. The financial institution may be providing...

Tomato costs bounce throughout cities

  NEW DELHI: Tomato prices in Kolkata moderated to Rs 80 on Tuesday after touching Rs 100 a kg on Monday. This was once over...

Total tax assortment falls 22.5% until September 15

  MUMBAI: Total tax collection of the Centre, together with advance tax collection for the second one quarter, fell 22.Five in step with cent to...

WPI inflation rises 0.16 laptop in Aug; meals, manufactured pieces flip more expensive

The wholesale price-based inflation rose 0.16 in step with cent in August as meal pieces and manufactured merchandise became more expensive. The Wholesale charge...

Government to infuse Rs 20,000 crore in state-run banks

NEW DELHI: The govt sought parliamentary approval to inject Rs 20,000 crore ($2.72 billion) in state-run banks within the current fiscal year, to lend...

Still no takers as gold sellers in India be offering reductions for the fourth week

MUMBAI/BENGALURU: Physical gold sellers in India have been compelled to supply reductions for a fourth instantly week as bullion remained unattractive for many retail...

Rice, sugar push up Q1 farm exports through 23%

Despite Covid-19 and the lockdown, India noticed a 23% building up in export of farm produce from April to June in comparison to the...

Happiest Minds’ Rs 700-crore IPO opens on September 7

BENGALURU: Ashok Soota’s nine-year-old, $100-million IT products and services project Happiest Minds goes public. The issue opens on September 7 and ends on September...

Sensex rises 273 issues to near at 38,901; Nifty settles above 11,450

NEW DELHI: In an extremely risky buying and selling consultation, fairness indices completed upper on Tuesday with the benchmark BSE Sensex emerging over 250...

India’s manufacturing unit job grows for first time in 5 months in August

BENGALURU: India's factory activity grew in August for the primary time in 5 months because the easing of lockdown restrictions spurred a rebound in...

Supreme Court provides telecom firms 10 years to transparent AGR dues

  NEW DELHI: In a large aid to telecom operators, the Supreme Court on Tuesday granted 10 years for clearing AGR (adjusted gross earnings) dues....

Sensex plunges over 1,300 issues from day’s top forward of GDP information; Nifty exams 11,450

NEW DELHI: Equity indices fell sharply on Monday afternoon forward of the first-quarter GDP (gross home product) numbers to be launched later within the...

GDP enlargement contracts by way of 23.9% in Q1 towards 3.1% enlargement in the earlier quarter

NEW DELHI: India's gross home product (GDP) enlargement for the primary quarter (ended June 30) of monetary 12 months 2020-21 suffered the biggest quarterly...

Flipkart indicators MoU with IIT-Patna

MADURAI: Flipkart has announced a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Patna to help create industry-focused applied research in...

Cognizant emerges as ‘new CEO factory’, five former pros change into CEOs in lower than a month

BENGALURU: Cognizant is being referred to as the brand new CEO manufacturing unit. Senior executives leaving the corporate following new CEO Brian Humphries’ restructuring...

The real story about getting rich by investing in gold, cryptocurrency and IPOs

The historical bull marketplace that ran for just about 11 years got here to an abrupt lead to February, and we're officially in a...

Roshni Nadar takes over from father at HCL

Shiv Nadar (left) & Roshini Nadar Malhotra (right) (file snap) Roshni Nadar replaced her father Shiv Nadar on 17 June 2020 because the...

Government notice to Twitter after hacking to global high-profile users

NEW DELHI: India's cybersecurity nodal company CERT-In has issued a understand to Twitter asking the micro-blogging platform for complete main points of...

HDFC Bank rises 20% during Q1 to Rs 6,658 crore in Net Profit

(File photo) MUMBAI: HDFC Bank has reported a net profit of Rs 6,658 crore for the quarter ended June 2020 an increase of...

Vodafone Idea pays another Rs 1,000 crore to government towards AGR dues

(Representative image) NEW DELHI: Vodafone Idea on Saturday said it has paid additional Rs 1,000 crore to the government towards the statutory dues,...

Amazon India makes it necessary for dealers to show ‘country of origin’ for all merchandise

  BENGALURU: Amazon India has now made it necessary with the intention to upload ‘country of origin’ for brand new and present product...

BSE sensex: Sensex plunges 661 points to close at 36,033 as financial stocks drag; Nifty settles at 10,607

  NEW DELHI: Equity indices plunged on Tuesday with the benchmark BSE sensex falling over 650 issues dragged by means of banking and fiscal shares,...

Economy signs of getting back to normalcy: RBI governor

MUMBAI: RBI governor Shaktikanta Das has stated that the financial system is appearing indicators of having again to normalcy in keeping with the staggered easing of restrictions and that the coverage measures by means of RBI seem to have labored up to now. Despite the easing, the governor stated that...

Online purchasing up, e-comm corporations’ gross sales surge previous pre-Covid ranges

BENGALURU: E-commerce firms have now not simply recovered, however surpassed pre-Covid-level gross sales as extra other people store on-line because of the pandemic. The...

Insurance for Covid 19 treatment: Insurers ready Covid treatment rate list

BENGALURU: The General Insurance Council has come up with rates for hospitals and insurers for Covid-19 treatment after talks with states and health experts. All...

Airlines selling tickets for ghost flights?

MUMBAI: Sachin Shetty purchased 3 tickets in the second one week of June for a Mumbai-Mangalore nonstop flight for July 5. Four days earlier...

Chinese app ban: Five Indian apps to change to

NEW DELHI: Two youngsters stood by means of an open box in a non-descript village within the center of the Capital. Behind the worried...

Sports goods giants plan local production

NEW DELHI: Global sports wear makers, who get a big chew in their home portfolio from China, need to shift sourcing and production to...

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Interest on passion waiver: Banks get started crediting accounts; FinMin problems further FAQs

New Delhi: Banks have began refunding debtors the compound interest charged on specified mortgage accounts all over the moratorium period. Last week, the Reserve Bank...

Paliganj Election Final Result 2020 Declared: CPI-ML’s Sandeep Saurav defeats JD(U)’s Bachcha Yadav in wonder win

  CPIML's Sandeep Saurav won a complete of 67,917 (43.73 %) votes towards JD(U)s Bachcha Yadav's 37,002 (23.83 %) votes. The latter had gained the...

Google to release subscription-based VPN services and products; rollout in the USA quickly

(Reuters) - Alphabet Inc's Google mentioned on Thursday it plans to release a VPN provider for customers, which might be to be had with...

Tamil Nadu tops Indian states in new investments in H1FY21: CARE Ratings

Tamil Nadu leads Indian states in attracting investments all through the primary part of FY21, having controlled to take hold of 16 p.c of...