Business and financial news
Mumbai: Fixed income continues to remain an important avenue for wealth creation and asset allocation during this year, as per Periscope, SBI Funds Management's outlook for the fixed income market in FY24
Mumbai: Akasa Air, India's newest airline, has confirmed an order for four additional Boeing 737-8 jets, as announced during the Paris Air Show, media reports said.
The Federal Trade Commission (FTC) has slapped legal charges on Amazon.com Inc, alleging that the company enrolled millions of consumers into its paid subscription service, Amazon Prime, without their consent and made it difficult for them to cancel, Reuters reported.
Mumbai: SpiceJet has reached a settlement agreement with Nordic Aviation Capital (NAC), a prominent lessor of its Q400 aircraft, ANI reported.
Seoul: YouTube is set to launch its first-ever shopping channel for live commerce in South Korea on June 30, Reuters reported citing Yonhap news agency.
Mumbai: Reliance Industries Ltd, led by billionaire Mukesh Ambani, holds the top spot as the most valuable private company in India, with a staggering value of Rs 16.4 lakh crore, as per Hurun India's 2022 Burgundy Private Hurun India 500 list.
New Delhi: Telecom Regulatory Authority of India (TRAI) has issued recommendations on the licensing framework and regulatory mechanism for submarine cable landing in India.
Kolkata: DSP Mutual Fund on Thursday announced the launch of DSP Nifty IT ETF, an open-ended exchange traded fund (ETF) replicating/tracking the Nifty IT index.
Mumbai: Drone manufacture ideaForge's initial public offer (IPO) will open for subscription next week on 26 June (Monday) to raise capital of Rs 567 crore.
Mumbai: The BSE Sensex on Wednesday added another gains of 195.45 pts to close at 63,523.15 on renewed buying in Utilities, Power, Financial services and Telecommunications stocks.
Mumbai/UNI: Rupee on Wednesday gained five paise at 82.07 in the opening trade against the US Dollar on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Mumbai/UNI: The BSE Sensex on Wednesday spurted 260 pts at 63,587.70 in opening trade as buying was seen across the board.
Paris: Airlines major Air India has firmed up its order for 250 Airbus aircraft and selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.
New Delhi: Google is exploring options to assemble its Pixel smartphones in India, following a similar strategy to Apple's move to diversify production beyond China, reported Bloomberg.
Mumbai: The government has appointed Swaminathan Jankiraman, the managing director of the State Bank of India (SBI), as the Deputy Governor of the Reserve Bank of India (RBI), an official notification said.
In a recent residential meeting of members from the Institute of Chartered Accountants of India (ICAI) held in Srinagar, Lieutenant Governor Manoj Sinha of Jammu and Kashmir praised the organization for its invaluable support in implementing various policies linked to economic development.
New Delhi: The Competition Commission of India (CCI) Tuesday said it has approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd of certain additional shareholding of HDFC ERGO General Insurance Company Ltd and HDFC Life Insurance Company Ltd.
New Delhi: Senior IAS officer Amit Agrawal assumed charge as the Chief Executive Officer (CEO) of the Unique Identification Authority of India (UIDAI) on Monday.
New Delhi: NHPC Limited, India’s largest hydropower development organisation, participated in the 91st Annual Meeting of the International Commission on Large Dams (ICOLD 2023), held in Gothenburg, Sweden from 11th to 15th June 2023.
New Delhi: The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 17.20 lakh members in April this year, according to the payroll data released on Tuesday.
Paris/IBNS: Air India has firmed up its order for 250 Airbus aircraft and selected an Airbus maintenance and digital package to power the airline’s transformation and growth strategy.
Mumbai: Stock market regulator Securities Exchange Board of India (SEBI) has instructed Edelweiss Broking to be more cautious when reporting suspicious transactions, Moneycontrol reported.
New Delhi: Krafton, Inc., South Korean gaming company on Tuesday announced a new partnership with automotive haute couture icon Bugatti, providing players with a once in a lifetime opportunity to get behind the wheel of two of the most exclusive supercars in existence.
New Delhi/IBNS: IndiGo has announced a 500-aircraft deal with Airbus, the largest in aviation history.
Mumbai: Airbnb on Monday signed a Memorandum of Understanding (MoU) with the Ministry of Tourism, Government of India, to promote India as a most sought-after high-potential tourism destination and shine a spotlight on its rich cultural heritage.
New Delhi: Direct Tax collections for the Financial Year 2023-24, as on June 17 show that net collections are at Rs 3,79,760 crore, compared to Rs. 3,41,568 crore in the corresponding period of the preceding Financial Year i.e. FY 2022-23, representing an increase of 11.18%.
New Delhi: The Indian Railway Catering and Tourism Corporation (IRCTC) on Sunday rebuffed Congress general secretary Jairam Ramesh's statement regarding Adani's acquisition of Trainman, an online train booking and information platform.
New Delhi: The Indian Railway Catering and Tourism Corporation (IRCTC) on Sunday rebuffed Congress general secretary Jairam Ramesh's statement regarding Adani's acquisition of Trainman, an online train booking and information platform.
Kolkata: With approximately 6.5 lakh sellers on the platform and more than 16Cr GST enabled products, Amazon Business continues to act as one stop destination for business customers in Kolkata.
Marico Limited on Friday said its Nihar Naturals Hair Oil has touched over 50 percent market penetration in West Bengal.
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