Business and financial news
New Delhi: Natural resources and technology conglomerate Vedanta Limited Friday announced the addition of semiconductors and display glass manufacturing ventures to its diversified portfolio.
New Delhi: Microsoft India president Anant Maheshwari has resigned from his position, media reports said.
Mumbai: The BSE Sensex on Friday, the last session of the weak dropped 505.19 pts to settle at 65280.45 as selling was witnessed in BSE services, Utilities, FMCG and Power stocks amid weak Asian Market.
New Delhi: India's leading integrated power producer, NTPC’s Group installed capacity touches 73024 MW.
In the case of home loans, the rate of interest offered plays a crucial role in determining the affordability of the loan. High home loan interest rates can easily push one's EMIs into the unaffordable range and amplify the burden of loan repayment.
Guwahati/IBNS: HR technology firm Vantage Circle has announced plans to almost double its workforce to over 400 employees within the next 2-3 years.
Kolkata: Canara Bank has successfully implemented the Mahila Samman Savings Certificate, 2023 scheme across India, which provides secured investment option by a women for herself or by the guardian on behalf of a minor girl.
Mumbai: The BSE Sensex on Friday tumbled down 230 pts to open at 65,559.41 on profit booking.
New Delhi: A cause of heatwaves, heavy rainfall, and disruptions in the supply chain has led to soaring prices of various vegetables across the country, media reports said.
Mumbai/UNI: Rupee on Thursday dropped 17 paise at 82.45 against the US Dollar in the opening session on brisk demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Mumbai/UNI: The BSE Sensex on Thursday declined 55 pts to open at 65,391.88 as selling was seen in Financial services, IT, and Auto stocks.
Mumbai: The Reserve Bank of India (RBI) released a draft circular in connection with the issuance of debit, credit, and prepaid cards on Tuesday.
New Delhi: India is in discussions regarding a potential agreement to supply over 11 million metric tons of green hydrogen annually to the European Union and Singapore, Reuters reported citing three government officials and one industry source.
Mumbai: Snapping a winning streak of the last five sessions, the BSE Sensex ended negative on Wednesday ended negative at 65446.04, down 33 pts on profit booking while the Nifty ended almost steady at 19,398.50, rising 9.50 pts.
Despite reduced growth rates compared to the initial pandemic period, the forecast for global e-commerce remains bullish. According to the FIS Global Payments Report 2023, the explosive growth in global e-commerce in the first two years of the pandemic has slightly slowed in 2022, with a 10% YoY growth in global e-commerce transaction value from 2021-2022.
Kolkata: Amazon India’s first-ever free self-serve product customization feature, “Customize Your Product” is now available across a wide selection of more than 10,000 plus products from 76 different categories.
New Delhi: Canara Bank MD&CEO Satyanarayana Raju handed over a dividend cheque of Rs.1370 Croreto Union Finance Minister Nirmala Sitharaman.
New Delhi/UNI: India's services sector activities remained in expansion mode, but the pace of growth decelerated in June this year, with the services PMI (purchasing managers’ index) dropping to 58.5 during the month compared to 61.2 in May, according to a S&P Global survey released on Wednesday.
Mumbai/UNI: Rupee on Wednesday lost further by seven paise at 82.10 against the US Dollar in the opening session on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Mumbai/UNI: Snapping a winning streak in the last five sessions, the BSE Sensex on Wednesday fell 162 pts at 65,584.33 in the opening session on profit booking.
New Delhi: Union Minister Commerce Minister Piyush Goyal has said that India's remarkable economic scale and market potential have played a pivotal role in enabling startups to flourish and thrive in the global startup ecosystem.
New Delhi: The Competition Commission of India (CCI) has approved the acquisition of Marnix Lux by Concentrix Corporation and shareholding in the combined company by the shareholders of Marnix Lux.
New Delhi: REC Ltd, formerly known as Rural Electrification Corporation, has extended a loan of Rs 4,785 crores to HPCL Rajasthan Refinery Limited (HRRL), for setting up a green field refinery cum petrochemical complex in Barmer district, Rajasthan.
Mumbai: Bandhan Bank on Tuesday announced that its Chief Financial Officer (CFO), Sunil Samdani, has resigned from his position on July 3 in order to pursue a new opportunity.
New Delhi: The Central government is contemplating raising the target for highway development in the ongoing year after accelerated progress in road construction during the initial quarter of the financial year 2023-24 (FY24), Moneycontrol reported.
Kolkata: Tata Steel is expanding its digital services with the launch of Urja, its flagship unsecured working capital finance programme, on DigECA – the Company’s centralised digital buying and selling platform for ECA (Emerging Customer Account) customers.
Kolkata: Bank of India, one of the largest Public Sector Banks in India, has officially launched the Mahila Samman Savings Certificate, 2023.
Mumbai: Nutra Prep, a new startup in the Sports Nutrition space, and Nutrabolt, a globally recognized leader in the active health and wellness industry, have signed a strategic deal for India manufacture and distribution of Nutrabolt’s ‘C4’ and ‘Xtend’ brand products.
Mumbai: Samvardhana Motherson International Limited, a 100% subsidiary of SMRP B.V. (SAHN B.V.), has entered into an agreement to acquire 81% stake in Yachiyo’s 4W (Y4W) Business.
Patna: Kalyan Jewellers, one of India’s most trusted and leading jewellery brands, today announced the launch of its brand new showroom in Patna, located at Anisabad.
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