Maruti Suzuki recalls 16,000 units
Gurugram: Maruti Suzuki India on Friday announced the recall of more than 16,000 units of its two leading car models due to a fault in the fuel pump motor, media reports said.
IBNS•Mar 22, 2024
Finance
Business and financial news
India's foreign exchange reserves grow by $6.396 billion to $642.492
Mumbai: India's foreign exchange kitty fattened by $6.396 billion to $642.492 billion for the week ending on March 15, as per the statement from the Reserve Bank on Friday.
IBNS•Mar 22, 2024
Sensex jumps up 190 points on last day of week
The stock market extended the rally for second day on Friday as the BSE Sensex gained 190 points to close at 72,831 mainly on the strength of the banking sector and automobiles.
IBNS•Mar 22, 2024
Investor education is critical for financial inclusion of youth in digital overload era, say experts
New Delhi/IBNS: The Investor Education and Protection Fund Authority (IEPFA), in collaboration with the National Council of Applied Economic Research (NCAER), which is India’s oldest independent economic think tank, and the Department of Commerce, DSE, University of Delhi recently hosted a conference for youth to bolster financial literacy and inclusion.
IBNS•Mar 22, 2024
Zomato CEO Deepinder Goyal marries Mexican entreprenuer Grecia Munoz: Reports
Zomato CEO Deepinder Goyal has tied the knot with Mexico-born model-turned-entrepreneur Grecia Munoz, media reports said.
IBNS•Mar 22, 2024
All agency banks to remain open for public on March 31: RBI
New Delhi: All banks dealing with government receipts and payments will remain open on Sunday, March 31, to account for all the transactions in the financial year 2023-24.
IBNS•Mar 20, 2024
Samsung expects to contribute 75% in 5G segment in 2024
Hyderabad/UNI: South Korean smartphone maker Samsung is expected to contribute 75 percent in the overall category in the 5G segment this year against 67 percent growth expected by the overall industry, said Ghufran Alam, Senior Director, MX Business, Samsung India, on Wednesday.
IBNS•Mar 20, 2024
NIXI and MeitY to unveil BhashaNet portal at UA Day on Thursday for digital Inclusion across the nation
New Delhi: The National Internet Exchange of India (NIXI) will announce the launch of the BhashaNet portal for the Universal Acceptance (UA) Day on Thursday at Dr Ambedkar International Centre in the national capital.
IBNS•Mar 20, 2024
LIC fires employee banned by in front-running case
Mumbai: Insurance behemoth Life Insurance Corporation of India (LIC), a government-owned entity, said on Wednesday that it terminated the employment of a worker banned by the Securities & Exchange Board of India (SEBI) for involvement in a front-running incident, according to a stock market filing.
IBNS•Mar 20, 2024
India's mineral production grows 6% YoY in Jan 2024
New Delhi: India’s mineral production of the mining and quarrying sector grew by 5.9% for the month of January, 2024 compared to the month of January, 2023.
IBNS•Mar 20, 2024
Indian stocks to attract increased foreign investment after 2024 LS polls: Report
Mumbai: Indian stocks will attract more foreign fund inflow after the general elections, encouraged by the country's positive economic growth outlook and United States central bank Federal Reserve's interest rate cuts, a media report said citing JPMorgan Chase & Co.
IBNS•Mar 20, 2024
Bharat Petroleum inks deal with BY to buy US crude
New Delhi: Public sector oil refiner Bharat Petroleum Corporation Ltd (BPCL) has inked a deal with BP to purchase 1 million barrels every month of U.S. West Texas Intermediate (WTI) crude for a period of four months, media reported.
IBNS•Mar 20, 2024
Sensex rises by 89.64 points as market closes in green
The BSE Sensex on Wednesday rose 89.64 pts to close at 72101.69 on the strength of Energy, Oil and Gas, Power and Telecommunications stocks ahead of US Federal Reserve rates decision.
IBNS•Mar 20, 2024
Newly launched Lightweight 4WD Mahindra OJA 3140 promises to transform puddling operations in West Bengal
Mahindra Tractors, a part of the Mahindra Group and the world's largest tractor manufacturer by volume, recently launched its future ready Mahindra OJA 3140 in West Bengal for the Indian farmer.
IBNS•Mar 20, 2024
What happens when you start your equity SIP and the market crashes?
Starting a systematic investment plan (SIP) in equity funds is a smart way to build wealth over the long term. For an Indian audience, however, market volatility and the possibility of a crash can be a cause for concern, especially for new investors. If you have recently initiated an equity SIP and find yourself facing a market crash, it's vital to understand the implications and how to respond.
IBNS•Mar 20, 2024
SEBI green lights Airtel subsidiary, Bharti Hexacom's IPO
Mumbai: Bharti Hexacom, a subsidiary of telecom giant Bharti Airtel, has been granted the green light by the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) intentions, media reported.
IBNS•Mar 19, 2024
Adani Green Energy rubbishes links with US probe involving 'third party'
Mumbai: Adani Green Energy on Tuesday said that it is aware of a US inquiry into potential breaches of anti-corruption statutes involving a separate entity but refuted any association with said entity, Reuters reported.
IBNS•Mar 19, 2024
Godrej Security Solutions introduces new range of advanced Home lockers, smart fog and accugold in Kolkata
Godrej Security Solutions, a division of Godrej & Boyce, the flagship company of the Godrej Group, announced the expansion of its Home Lockers range in Kolkata with the introduction of its latest innovations: NX Pro Plus, NX Advanced, Verge Series and Dream Box, under the aegis of its flagship property- Secure 4.0.
IBNS•Mar 19, 2024
OPPO launches F25 Pro 5G with two storage variants, check out prices
Mobile phone major OPPO India has launched the F25 Pro 5G in two storage variants—retailing at INR 23,999 (128GB) and INR 25,999 (256GB) respectively.
IBNS•Mar 19, 2024
Persistently high food prices hindering drop in inflation to 4%: RBI Bulletin
New Delhi: Food price pressures are hindering a more rapid decline in retail inflation towards the Reserve Bank's target of 4 percent, according to an article in the central bank's March Bulletin.
IBNS•Mar 19, 2024
Direct tax collection surges 20% to Rs 18.90 trillion till March 17q
New Delhi: The income tax department reported a growth of 19.88 percent in net direct tax collection, which has surpassed Rs 18.90 trillion as of March 17.
IBNS•Mar 19, 2024
TCS BaNCS to modernize American lender Central Bank's core technology infrastructure
Mumbai: Tata Consultancy Services (TCS) announced today that Central Bank, a well-known Midwest regional bank in the United States, has chosen to employ TCS BaNCS to modernize its core technology infrastructure, drive innovation, and enhance customer relationships, according to the stock exchange filings.
IBNS•Mar 19, 2024
Apple to open its new Shanghai store on Thursday
Tech major Apple recently previewed Apple Jing’an, located near Jing’an Temple and Jing’an Park in Shanghai, giving Chinese consumers a new option to buy the devices.
IBNS•Mar 19, 2024
NHAI completes InvIT monetization of over Rs.16,000 crore through ‘Round 3’
National Highways Infra Trust (NHIT), the infrastructure Investment Trust by the National Highways Authority of India (NHAI), on Tuesday said it has successfully concluded fund-raising through ’InvIT Round-3’ for National Highway stretches of aggregate length of 889 kilometers at an Enterprise Value of over Rs.16,000 crore, which is the largest monetization by NHAI and one of the largest transactions in the history of Indian road sector.
IBNS•Mar 19, 2024
Sensex drops by 736.37 points as market ends in red
The BSE Sensex on Tuesday dropped 736.37 pts to close at 72012.05 as selling was seen in IT, Technology ' FMCG and Power stocks amid weak Asian Market ahead of US fed policy decision this week.
IBNS•Mar 19, 2024
Volvo Car India starts booking for XC40 Recharge, company offers 8-year battery warranty
Auto major Volvo Car India on Tuesday announced the commencement of bookings for its recently launched new variant of XC40 Recharge.
IBNS•Mar 19, 2024
Sensex recovers 104.99 pts as market closes
The BSE Sensex on Monday recovered by 104.99 pts to close at 72748.42 on the strength of Metal, Auto and Health Care stocks.
IBNS•Mar 18, 2024
Thirteen coal mines Including 5 coking coal mines auctioned in forward auction
New Delhi: The government has auctioned a total of 13 coal mines during the current week.
IBNS•Mar 16, 2024
LIC hikes employee salaries; to benefit 1,10,000 workers
The Centre has approved wage revision of LIC employees with effect from 01/08/2022, benefiting more than 1,10,000 LIC employees, a press release said on Friday.
IBNS•Mar 16, 2024
NHPC Ltd to develop 200 MW capacity solar power project in Gujarat's Khavda
New Delhi: State-owned hydropower company NHPC Limited has won the bid to develop a 200 MW capacity solar power project to be set up in the 1,125 MW RE Park of Gujarat State Electricity Corporation Ltd. (GSECL) at Khavda in Kachchh district of Gujarat.
IBNS•Mar 15, 2024
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