Breaking
Loading breaking news...
Loading...
Northeast Herald Logo

Finance

Business and financial news

Defence Ministry inks Rs 19,000 crore contract with HSL for five Fleet Support Ships for Indian Navy

Defence Ministry inks Rs 19,000 crore contract with HSL for five Fleet Support Ships for Indian Navy

New Delhi: The Ministry of Defence on Friday signed a contract with Hindustan Shipyard Limited (HSL), Visakhapatnam for the acquisition of five Fleet Support Ships (FSS) for the Indian Navy at an approx. overall cost of Rs 19,000 crore.

IBNSAug 26, 2023
Overall coal stock reaches 88.01 MT registering an increase of 24.7%

Overall coal stock reaches 88.01 MT registering an increase of 24.7%

New Delhi: The overall coal stock position, inclusive of mines, TPPs (DCB), and transit, as of August 23 reached 88.01 MT, indicating a substantial increase of 24.7% as compared to the stock of 70.61 MT on the same date in the previous year, according to the Ministry of Coal.

IBNSAug 26, 2023
Union Bank of India raises Rs 5,000 cr equity capital via Qualified Institutions Placement

Union Bank of India raises Rs 5,000 cr equity capital via Qualified Institutions Placement

Mumbai: Union Bank of India, the fifth largest Public Sector Bank in India, successfully raised equity capital of Rs 5000 crore via Qualified Institutions Placement (QIP) on Friday.

IBNSAug 25, 2023
Reliance Industries ties up with Oberoi Hotels to co-manage 3 properties in India & UK

Reliance Industries ties up with Oberoi Hotels to co-manage 3 properties in India & UK

Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Thursday announced that it has entered into an agreement with Oberoi Hotels and Resorts to jointly manage three properties across India and the UK.

IBNSAug 25, 2023
Godrej Interio to set up 100 showrooms with over Rs 50 cr investment in next one year

Godrej Interio to set up 100 showrooms with over Rs 50 cr investment in next one year

Hyderabad/UNI: Godrej and Boyce, the flagship company of the Godrej Group, on Friday, announced that its furniture brand Godrej Interio will set up 100 own showrooms with an investment of more than Rs 50 crore across the country in the course of next one year.

IBNSAug 25, 2023
Sanosan marks two years brand presence in India with 100 pct growth

Sanosan marks two years brand presence in India with 100 pct growth

Sanosan, a “Made in Germany” baby skincare brand, marked its two-year journey in the Indian market recently when they unveiled its Baby Skincare Kit.

IBNSAug 25, 2023
TVS Motor Company launches electronic crossover TVS X

TVS Motor Company launches electronic crossover TVS X

TVS Motor Company, a two and three-wheelers manufacturer, launched TVS X its flagship crossover EV recently.

IBNSAug 25, 2023
DBS partners with Maptrasco to complete first interoperable electronic bills of lading (eBL) transaction between India, Singapore

DBS partners with Maptrasco to complete first interoperable electronic bills of lading (eBL) transaction between India, Singapore

DBS, in partnership with commodities trader Maptrasco, announced the completion of the first “live” transaction of electronic Bills of Lading (eBL) for shipments between Singapore and India today.

IBNSAug 25, 2023
SBI introduces Aadhaar-Based enrolment for social security schemes

SBI introduces Aadhaar-Based enrolment for social security schemes

Public sector lender State Bank of India has unveiled a Customer Service Points functionality that enables hassle-free enrolment for social security schemes through Aadhaar.

IBNSAug 25, 2023
Indian Market: Sensex falls over 400 points

Indian Market: Sensex falls over 400 points

Mumbai: The BSE Sensex on Friday slid 417.54 pts to 64,834.80 in opening trade as selling was seen across the board.

IBNSAug 25, 2023
QNET Fights Scam Reputation, Makes Education Accessible for Young Learners

QNET Fights Scam Reputation, Makes Education Accessible for Young Learners

QNET is not a scam. The company, known for its lifestyle and wellness wares, uses a direct selling model to provide independent representatives and customers with exclusive, high-quality products and services to live a more holistic life. One excellent option is QLearn, an ingenious e-learning portfolio with a K-12 curriculum of visual-based questions and games designed to make learning exciting for kids.

IBNSAug 24, 2023
Chandrayaan-3: India Inc lauds ISRO on Vikram Lander's soft landing on moon

Chandrayaan-3: India Inc lauds ISRO on Vikram Lander's soft landing on moon

Mumbai: India has made a remarkable achievement in the realm of space exploration by accomplishing a successful landing of the Chandrayaan-3 spacecraft on the elusive South Pole of the moon.

IBNSAug 24, 2023
Indian Market: Sensex surges 213.27 pts

Indian Market: Sensex surges 213.27 pts

Mumbai: The BSE sensex on Wednesday rallied 213.27 pts to close at 65,433.30 on the strength of Bankex, Capital Goods, Industrials and Metal stocks.

IBNSAug 23, 2023
Adani group EBITDA jumps 42 pc in Q1

Adani group EBITDA jumps 42 pc in Q1

New Delhi: On the back of robust performance in infrastructure and utility segments, Adani Group has reported 42% year-on-year rise in its pre-tax profit at Rs 23,532 crore for April-June period (Q1) of financial year 2023-24.

IBNSAug 23, 2023
Indian Market: Sensex up 80 points

Indian Market: Sensex up 80 points

Mumbai: The BSE Sensex on Wednesday gained 80 points to open at 65,300 as buying was seen across the board.

IBNSAug 23, 2023
Punjab National Bank launches 'Pensioner's Lounge' on World Senior Citizen’s Day

Punjab National Bank launches 'Pensioner's Lounge' on World Senior Citizen’s Day

New Delhi: Public sector lender Punjab National Bank (PNB) introduced on World Senior Citizen’s Day the "Pensioner’s Lounge", a dedicated space within the branch that serves pensioners and senior citizens with all their banking needs.

IBNSAug 22, 2023
Bajaj Finance fixed deposits cross Rs 50,000 crore

Bajaj Finance fixed deposits cross Rs 50,000 crore

Mumbai: Non-Banking Financial Company (NBFC) Bajaj Finance Ltd’s recently said its Fixed Deposits book had crossed Rs 50,000 crore.

IBNSAug 22, 2023
ICRA projects India's Q1FY24 GDP growth at 8.5 pc, higher than RBI's estimate

ICRA projects India's Q1FY24 GDP growth at 8.5 pc, higher than RBI's estimate

New Delhi: Rating agency ICRA has projected India's gross domestic product (GDP) growth in the April-June quarter (Q1) of FY24 at 8.5% driven primarily by front-loading of government capex, a continued catch-up in services demand and improved investment activity.

IBNSAug 22, 2023
Despite headwinds, global economic activity remains resilient in Q1FY24: SBI report

Despite headwinds, global economic activity remains resilient in Q1FY24: SBI report

Mumbai: Global economic activity remained resilient in the Q1FY24, driven mainly by the services sector, according to State Bank of India’s Group Chief Economic Adviser Dr Soumya Kanti Ghosh.

IBNSAug 22, 2023
Indian Market: Sensex up 56 points

Indian Market: Sensex up 56 points

Mumbai: The BSE Sensex on Tuesday rose 56 pts to open at 65,272.42 as buying was seen across the board.

IBNSAug 22, 2023
Honda Motorcycle & Scooter India launches special 10 year ‘Extended Warranty’ & ‘Extended Warranty Plus’ programs for CB350 H’ness & CB350RS

Honda Motorcycle & Scooter India launches special 10 year ‘Extended Warranty’ & ‘Extended Warranty Plus’ programs for CB350 H’ness & CB350RS

Mumbai: Honda Motorcycle & Scooter India (HMSI) takes another monumental leap in the industry with the introduction of revolutionary 'Extended Warranty’ & ‘Extended Warranty Plus’ programs for its Big Wing customers.

IBNSAug 21, 2023
Choosing the Right Online Trading Account - A Comprehensive Guide

Choosing the Right Online Trading Account - A Comprehensive Guide

Choosing the right online trading account is a critical step for anyone looking to venture into the stock market. With multiple stock market trading apps and platforms available, making an informed decision can be difficult.

IBNSAug 21, 2023
Canara Bank launches UPI Interoperable Digital Rupee Mobile Application

Canara Bank launches UPI Interoperable Digital Rupee Mobile Application

Canara Bank launches, UPI Interoperable Digital Rupee mobile application as a part of the Reserve Bank of India's Central Bank Digital Currency (CBDC) pilot project. 

IBNSAug 21, 2023
HDFC Mutual Fund launches HDFC NIFTY 1D Rate Liquid ETF

HDFC Mutual Fund launches HDFC NIFTY 1D Rate Liquid ETF

Mumbai: HDFC Asset Management Co. Ltd (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF) has announced the launch of HDFC NIFTY 1D Rate Liquid ETF (“the Scheme”).

IBNSAug 21, 2023
SBI Life Insurance launches ‘24X7 inbound contact centre’

SBI Life Insurance launches ‘24X7 inbound contact centre’

SBI Life Insurance, a private life insurance company, launched its dedicated 24X7 inbound contact centre to address the before & after purchase queries related to comprehensive insurance solutions provided by the company.

IBNSAug 21, 2023
Karnataka skilling, digital economy bodies partner HireMee for assessment, skill-building

Karnataka skilling, digital economy bodies partner HireMee for assessment, skill-building

Bengaluru: Two Karnataka State bodies charged with skill development and digital economy--Karnataka Skill Development Corporation (KSDC) and the Karnataka Digital Economy Mission (KDEM) -- have partnered with SaaS-based skilling platform HireMee to help identify hidden talent in the state with a view to enhance their employability.

IBNSAug 21, 2023
Indian Rupee falls 4 paise against USD

Indian Rupee falls 4 paise against USD

Mumbai: The rupee on Monday declined four paise to close at 83.16 against the USD on rising demand for the US dollar by bankers and importers amid a rebounding equity market, dealers at the Foreign Exchange said.

IBNSAug 21, 2023
Indian Market: Sensex jumps 267.43 points

Indian Market: Sensex jumps 267.43 points

Mumbai: Snapping a losing streak of the last two sessions, the BSE sensex on Monday advanced 267.43 pts to close at 65,216.09 on the strength of utilities, power, metal, and capital goods stocks.

IBNSAug 21, 2023
Indian Market: Sensex moves over 100 pts

Indian Market: Sensex moves over 100 pts

Mumbai: The BSE Sensex on Monday gained 148.86 pts to 65,097.52 in opening trade as buying was seen across the board.

IBNSAug 21, 2023
Govt to set up Bureau of Port Security soon: Ports Minister Sarbananda Sonowal

Govt to set up Bureau of Port Security soon: Ports Minister Sarbananda Sonowal

Kevadia (Gujarat): The government will soon set up the Bureau of Port Security towards upgrading security across all the ports in the country, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said on Saturday.

IBNSAug 20, 2023

Stay Updated

Get the latest news delivered to your inbox

Follow Us

Connect with us on social media