Business and financial news
Mumbai: Cross-border payments FinTech company BriskPe and Yes Bank have partnered to introduce BriskPe A2A, a suite of solutions designed to empower exporters and importers.
New Delhi: The Delhi High Court has granted permission to hear the government's petition in a dispute concerning the KG-D6 gas block arbitration case, which involves Reliance Industries Ltd, media reports said.
Hyderabad/UNI: Bank of India (BoI) a leading public sector bank, on Wednesday announced it has raised Basel III compliant Tier II bonds of Rs.2,000 crores @ 7.88% p.a, through NSE’s Electronic Bidding Provider Platform.
Mumbai/UNI: As part of DHL Group’s DHL eCommerce division, Blue Dart Express Limited (BDEL) on Wednesday announced the unveiling of its newly revamped service, formerly known as Dart Plus, as Bharat Dart.
New Delhi/UNI: The Reserve Bank of India (RBI) on Wednesday directed banks and non-banking finance companies (NBFCs) to release all the original movable/immovable property documents and remove charges registered with any registry within 30 days after full repayment and settlement of the loan account.
New Delhi: The coal ministry has cleaned the area spanning over 3,023,788 square feet and disposed of over 5,409.5 metric tons of scrap, earning a revenue of Rs 48.5 crores from the disposal.
Kolkata: Bridgestone India’s plant at Chakan in Pune district has been verified as being carbon neutral for the year 2022, the company said in a statement.
Delhi: Budget carrier IndiGo has received approval from the Directorate General of Civil Aviation (DGCA) to incorporate 11 A320 planes from SmartLynx Airlines, media reports said.
New Delhi: Electric car company Tesla Inc is looking to source automobile components worth $1.7-1.9 billion this year from India, double the value of components imported by the car maker last year, Union Commerce Minister Piyush Goyal said on Wednesday.
Mumbai: Adani Group is in talks with banks to refinance $3.8 billion worth of debt taken for the acquisition of Ambuja Cement Ltd, making it the biggest loan in Asia this year, Bloomberg reported.
Mumbai: The Bombay Dyeing and Manufacturing Company Limited (BDMC) on Wednesday announced that its board of directors has given the green light to a plan to vend a land plot of approximately 22 acres (inclusive of the associated Floor Space Index, or FSI) in the Worli region of Mumbai to Goisu Realty Private Limited, reported Moneycontrol.
Continuing the rally for ninth consecutive session on Wednesday, the Sensex spurted 245.86 pts to close high at 67,466.99 following gains in Telecommunications, Consumer Durable, Oil and Gas and Metal stocks.
The BSE Sensex on Wednesday slipped 51.67 points to 67,169.46 as selling was seen across the board.
New Delhi: India has withdrawn additional duties on eight US-origin products, including apples, walnuts and almonds, the Ministry of Commerce and Industry said on Tuesday.
Mumbai: Fintech company Paytm has said that it will not need funding in the near future as the company has a cash balance of Rs 8,300 crore and it is confident of becoming sustainable due to the free cash flow, media reports said.
New Delhi: Union Commerce and Industry Minister Piyush Goyal on Tuesday emphasized the need to introduce strict measures to clamp down on imports of automobile components by certain manufacturers despite their availability in the domestic market, media reports said.
UAE's national airline Etihad Airways has roped in Bollywood superstar Katrina Kaif as its new ambassador.
Mumbai: Global investment firm KKR will invest Rs 2,069.50 crore into Reliance Retail Ventures Ltd (RRVL) to increase its equity stake in the retail major from 1.17% to 1.42%.
Mumbai: The Reserve Bank of India (RBI) said on Tuesday that it has amended the existing norms for the classification, valuation, and operation of investment portfolios of commercial banks based on the feedback it received from a discussion paper.
New Delhi: SpiceJet has completed the payment of Rs 100 crore to Kal Airways following the Delhi High Court’s order to complete the remaining 22.5 crore of the total due before 4 p.m. on Tuesday.
New Delhi: India’s factory or industrial output grew 5.7% year-on-year (YoY) in July 2023 riding on the mining and electricity sectors.
India's retail inflation measured by consumer price index (CPI) eased to 6.83% in August 2023 from 7.44% in the previous month, according to data released by Ministry of Statistics & Programme Implementation (MoSPI) on Tuesday.
The BSE Sensex remained on top for the eighth straight session on Tuesday, as it advanced 94.05 pts to close high at 67,221.13 on the strength of Technology and IT stocks.
Snapping a gaining streak of the last seven sessions, the BSE Sensex on Tuesday slipped 170.59 pts to 66,956.44 on profit booking.
Indian firms could soon list in London, it has been announced as part of a package of plans unveiled Monday by UK Chancellor Jeremy Hunt alongside Indian Finance Minister Nirmala Sitharaman, as they met in Delhi for face-to-face talks.
Honda Motorcycle & Scooter India (HMSI) on Monday launched the OBD-II A compliant 2023 CB300F.
HMD Global, the home of Nokia phones, announces the launch of the much-anticipated Nokia G42 5G smartphone in India at just Rs. 12,599.
Federal Bank has launched WhatsApp enrolment for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY).
NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s leading integrated power producer NTPC Limited, and Nayara Energy, an international downstream Energy Company of International scale, have entered into a Memorandum of Understanding (MoU) on Monday to explore opportunities in the Green Hydrogen and Green Energy space.
Ridesharing app Uber on Monday announced it has partnered with the Indian Navy to become its exclusive mobility partner to offer transportation solutions for official travel and commute of naval officers, staff, and families across the country.
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