Business and financial news
Mumbai: The BSE Sensex on Tuesday registered a massive gain of 446.03 pts to close at 63,416.03 on the strength of financial services, Bankex,, Realty and Metal stocks though interest rates worries kept investors on edge.
Mumbai: SBFC Finance Limited a non-deposit-taking non-banking finance company on Tuesday said it has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).
ADC Jalukie, TL Kiusumong Tikhir, NCS, inaugurated the newly established New Jalukie Daily Market on 20th June 2023. The event was attended by members of the New Jalukie Village Council, as well as neighboring village council representatives.
New Delhi: L&T Technology Services, a leading global pure play engineering services company, announced that it has entered into a strategic partnership with Bharat Sanchar Nigam Limited (BSNL) to drive and enable global enterprises in their private 5G network deployments.
New Delhi: Retirement fund body EPFO has extended the deadline to file applications to apply for higher pension till July 11.
Dun & Bradstreet India has partnered with the West Bengal government to issue D-U-N-S Numbers to exporters and MSMEs in the state.
Kolkata: Axis Mutual Fund has announced the launch of their New Fund Offer – Axis Nifty IT Index Fund, an open-ended index fund tracking the NIFTY IT TRI.
Hyderabad/UNI: PhonePe, India’s largest payments app, enabling digital inclusion for consumers and merchants alike, on Monday announced the launch of its Merchant lending platform allowing Banks and NBFC's (Non-Banking Financial Companies) to provide access to credit in a completely digital and seamless manner to its vast merchant base of over 35 million merchants.
Paytm Payment Services Limited recently signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to initiate a startup ecosystem for the youth of the northeastern state.
New Delhi: Indian Railways (IR) has signed a Memorandum of Understanding (MoU) with United States Agency for International Development/India (USAID/India)for collaboration on Renewable energy and Energy Efficiency.
New Delhi: The Ministry of Railways intends to acquire approximately 60,000 additional wagons at an estimated cost of Rs 25,000 crore to enhance the proportion of freight traffic carried by Indian Railways (IR), Moneycontrol reported.
Mumbai: Inflation is impacting personal consumption expenditure and reducing consumer spending, according to the Reserve Bank of India (RBI)'s bulletin for June.
Mumbai: The Unified Payments Interface (UPI) is projected to contribute to 90 percent of retail digital transactions volume in the coming five years, according to the Reserve Bank of India (RBI) bulletin.
Luxury car manufacturer Mercedes-Benz has stated that India should not provide any special or exclusive privileges to electric car maker Tesla, media reports said.
AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX, has secured $213 million in funding to support its data center projects in Noida and Chennai, media reports said.
New Delhi: The first ‘Made-in-India’ chips are expected to be launched by December 2024 and the country is expected to have around 4-5 semiconductor facilities established within a year, Union Minister for Communications and IT Ashwini Vaishnaw said on Friday.
New Delhi: The disbursement of pending dues of employees at British India Corporation Ltd. (BIC) is expected to begin from Saturday, June 24, 2023, the Ministry of Textiles said in a statement.
New Delhi: Electricity tariffs will now vary according to the time of day, according to the changes made to the prevailing power tariff system.
New Delhi: India and the US successfully resolved six out of seven disputes at the World Trade Organization (WTO) through bilateral discussions during Prime Minister Narendra Modi's State visit to the US, according to Commerce Minister Piyush Goyal.
Mumbai: The BSE Sensex on Friday slipped further by 259.52 pts to close at 62,979.37 as heavy selling was seen in Commodities, Oil and Gas, Power and Metal stocks.
Gary E. Dickerson, the President and CEO of Applied Materials, on Wednesday, met Indian PM Narendra Modi and said he feels it is time for India to drive remarkable growth and shine.
Sanjay Mehrotra, President-CEO of Micron Technology, on Wednesday, said his meeting with Indian PM Narendra Modi was 'excellent'.
IDV stands for Insured Declared Value. It is the maximum sum assured by an insurance company in case of a total loss or theft of a vehicle. It represents the current market value of the insured car. In car insurance, the IDV plays a crucial role in determining the premium amount and the claim settlement.
Harsh Dugar has been appointed as the executive director of Federal Bank after following approval from the Reserve Bank of India (RBI).
IDV stands for Insured Declared Value. It is the maximum sum assured by an insurance company in case of a total loss or theft of a vehicle. It represents the current market value of the insured car. In car insurance, the IDV plays a crucial role in determining the premium amount and the claim settlement.
When you apply for a bike loan, your credit score is one of the most critical factors lenders assess. This is because a credit score numerically represents your credit profile and ranges between 300 - 900. The closer it is to 900, the better your chances of a better offer.
Kolkata: Canara Robeco Mutual Fund, the second oldest fund house in India, has seen its assets under management zooming by 400% in the last five years, reaching Rs 62,544 crore as on 31st March, 2023 from Rs 12,532 crore on 31st March, 2018 as per the data published by AMFI.
New Delhi:Steel minister Jyotiraditya Scindia will virtually inaugurate silica reduction plant at Steel Authority of India Ltd's (SAIL) Bhilai Steel Plant's Dalli Mines on Friday.
New Delhi: The Bureau of Indian Standards (BIS) has published standard for utensils made of agri by-products aimed to provide comprehensive guidelines to manufacturers and consumers, ensuring uniformity in quality requirements across the country.
New Delhi: In the wake of the European Union’s (EU) latest framework for the imposition of taxes on embedded carbon imports, Indian steel mills are at the risk of lower profits and a loss of market share in Europe, according to ratings agency ICRA.
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