Business and financial news
Mumbai/IBNS: KFin Technologies Ltd Friday said it will invest in Fintech Products and Solutions India Private Limited (FPSIPL), a Technology Service Provider (TSP), a statement said.
Mumbai/IBNS: NSE’s index services subsidiary, NSE Indices Limited Friday launched India’s first-ever Municipal Bond Index, Nifty India Municipal Bond Index at a SEBI workshop on Municipal Debt Securities at Bengaluru, a statement said.
New Delhi: Life insurer HDFC Life has launched HDFC Life Guaranteed Income Insurance Plan.
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Mumbai/UNI: The BSE Sensex on Friday recovered 152.15 points at 59,757.95: in opening trade following gains in FMCG, Health Care, IT and Industrials stocks.
Mumbai/IBNS: The National Stock Exchange of India (NSE) received final approval from the Securities and Exchange Board of India (SEBI) on Tuesday (Feb 22) to set up a Social Stock Exchange (SSE) as a separate segment of the NSE, according to a social statement.
Kolkata/IBNS: Volvo Car India has increased the ex-showroom prices of its petrol mild-hybrid models with immediate effect, the company said in a statement.
Kolkata/IBNS: GreenLine Logistics (Green Planet Logistics Pvt Ltd.), an LNG-fueled heavy trucking logistics company, has deployed Dalmia Cement (Bharat) Limited’s first fleet of LNG trucks at its Chandrapur plant in Maharashtra.
Curl Cure, India's first complete hair care brand with its salon, has announced its expansion into the global market with ventures in Dubai and the United States.
Mumbai/UNI: The BSE Sensex on Thursday dropped 239 points at 59,505 in opening trade as selling was seen across the board.
Mumbai/IBNS: Crayons Advertising Ltd Wednesday announced its plans to double its revenues in the next three years, mainly riding on digital and events verticals, according to a company statement.
New Delhi: The Indian government is looking to estimate the size of the country’s digital economy and in this regard the Ministry of Electronics and Information Technology (MeitY) invited proposals, media reports said.
Mumbai/IBNS: Kotak Special Situations Fund (KSSF), managed by Kotak Investment Advisors Ltd (KIAL), Wednesday announced an investment of Rs 1,070 crore in Biocon Ltd (BL), according to an official statement.
New Delhi/IBNS: Asian Development Bank President Masatsugu Asakawa on Tuesday met Prime Minister Narendra Modi and conveyed ADB's intention to provide $20-25 billion resources over five years to advance India's aspirations for fast, inclusive, and green growth.
New Delhi/IBNS: Union Textile Minister Piyush Goyal on Wednesday approved the Quality Control Order (QCO) for mandatory certification of cotton bales to augment the supply of good quality cotton to the textile industry.
New Delhi/IBNS: The government will launch a forward auction of the mines which received more than one bid during the commercial coal mines auction in November last year.
New Delhi: The Department of Consumer Affairs has reprimanded the ed-tech company Byju’s and e-commerce giant Amazon for engaging in unfair consumer practices, media reports said.
Mumbai/IBNS: The State Bank of India (SBI), India’s largest lender, will facilitate funds transfer to Singapore through its SBI's BHIM SBIPay mobile application, the bank said on Wednesday.
New Delhi: In line with its vision to support Indian MSMEs, DBS Bank India announced its partnership with eSamudaay today. eSamudaay (a SAAS-based solutions provider, owned and operated by Nirmund Digital Distributions Private Limited), focuses on non-metro towns and cities, providing digital solutions on both the buyer and seller side and logistic support to make doing business on the Open Network for Digital Commerce (ONDC) convenient for smaller players in the market.
New Delhi: HDFC Asset Management Company Limited (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC MNC Fund, which will invest predominantly in MNCs (Multi-National Companies) across sectors and market cap segment.
Mumbai: Reliance Jio said it has launched True 5G services across 20 cities in India.
New Delhi: In order to enhance security in the freight and parcel trains, the Indian Railways will soon incorporate an OTP-based digital locking system, media reports said.
Mumbai/IBNS: NMDC Steel Limited (NSL) was listed on the Bombay Stock Exchange (BSE) on Monday, the Ministry of Steel said on Tuesday.
Through a period of over a decade, sockpuppets added non-neutral content and false and removed warnings from information, creating a 'puffery' around tycoon Gautam Adani, his family and the port-to-airport group, Wikipedia has alleged, media reported.
Mumbai: The market trade timing for interest rate derivatives will be allowed till 5 pm on NSE starting February 23.
The Centre’s paddy procurement has crossed the 700 lakh tonne mark in the current 2022-23 kharif marketing season (KMS) so far, according to the Food Ministry.
Kolkata/IBNS: Coal India Limited (CIL) is in the process of converting its abandoned mines into eco-parks which have become popular as eco-tourism destinations, according to the Ministry of Coal.
New Delhi/IBNS: In a major boost to the road infrastructure in Punjab, the National Highways Authority of India (NHAI) has developed a 4-Lane wide section from Phagwara to Rupnagar on NH-344A.
Greater Noida (UP)/IBNS: Commerce and Industry Minister Piyush Goyal on Tuesday highlighted the need to issue Quality Control Orders (QCOs) across sectors in the electrical industry.
Bengaluru: ReshaMandi, a farm-to-fashion digital ecosystem for natural fibres in India, recently launched version 2.0 of its IoT device, an in-house creation aimed at stepping up technical assistance to farmers.
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