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Flurry of lockdowns interrupted recovery in Julu 2nd half: Bajaj Auto

Flurry of lockdowns interrupted recovery in Julu 2nd half: Bajaj Auto

844 days ago
New Delhi, Aug 12 (IANS) The flurry of lockdowns across the country in many major cities and states interrupted the recovery in the second half of July, according to Rakesh Sh....
Markets open in red

Markets open in red

845 days ago
Mumbai, Aug 12 (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.
Sequential uptick: India's June industrial production rises (Ld)

Sequential uptick: India's June industrial production rises (Ld)

845 days ago
New Delhi, Aug 12 (IANS) India's factory output in June showed a healthy pickup from the May level, but remained deeply in the red on a yearly basis.
OYO ties up with states for quarantine facilities

OYO ties up with states for quarantine facilities

845 days ago
New Delhi, Aug 12 (IANS) In continuation of its initiative to fight the Covid-19 pandemic, OYO Hotels and Homes has partnered with over 24 state governments, local authorities....
CII calls for foreign trade policy, export finance expansion

CII calls for foreign trade policy, export finance expansion

845 days ago
New Delhi, Aug 11 (IANS) The Confederation of Indian Industry has come up with a 10-point agenda for growth of India's exports, wherein it has sought implementation of a Forei....
DGCA suspends AirAsia India's two key personnel

DGCA suspends AirAsia India's two key personnel

845 days ago
New Delhi, Aug 11 (IANS) Civil aviation regulator DGCA has suspended two senior captains of AirAsia India responsible for the operations and safety aspects of the airline.
'Customers looking for alternates amid rising petrol, diesel prices'

'Customers looking for alternates amid rising petrol, diesel prices'

845 days ago
New Delhi, Aug 11 (IANS) As petrol and diesel prices remain around record levels, the Indian Auto LPG Coalition has said that consumers are now looking for economical alternat....
Proposal allowing loan restructuring to extend uncertainty over banking sector's asset quality: Fitch

Proposal allowing loan restructuring to extend uncertainty over banking sector's asset quality: Fitch

845 days ago
New Delhi, Aug 11 (IANS) The RBI's proposal to allow banks to restructure loans will extend uncertainty over the sector's asset quality, said Fitch Ratings.
Power Grid's Q1 profit falls on one-time rebate to discoms

Power Grid's Q1 profit falls on one-time rebate to discoms

845 days ago
New Delhi, Aug 11 (IANS) Power Grid Corporation has reported an 18.15 per cent fall in its consolidated net profit for the April-June quarter at Rs 2,048.42 crore.
Sequential uptick: India's June industrial production rises

Sequential uptick: India's June industrial production rises

845 days ago
New Delhi, Aug 11 (IANS) India's factory output in June showed a healthy pickup from the May level, but remained deeply in the red on a yearly basis.
Shift in trade ties to benefit Asian economies on China's account: Moody's

Shift in trade ties to benefit Asian economies on China's account: Moody's

845 days ago
New Delhi, Aug 11 (IANS) The coronavirus pandemic will likely accelerate fundamental shifts in trade relationships and supply chains globally which is expected to benefit some....
Axis Bank raises Rs 10,000 cr via QIP, shares surge

Axis Bank raises Rs 10,000 cr via QIP, shares surge

845 days ago
New Delhi, Aug 11 (IANS) Axis Bank has raised Rs 10,000 crore through Qualified Institutional Placement at a price of Rs 420.10 per share.
Domestic passenger vehicle sales pick up a bit in July (Lead)

Domestic passenger vehicle sales pick up a bit in July (Lead)

845 days ago
New Delhi, Aug 11 (IANS) The sales contraction in the domestic passenger vehicles segment eased in July 2020 compared with June, industry data showed on Tuesday.
Road ahead for mega disinvestment plans seems tough amid Covid (Disinvestment blues in Covid times - Part 2)

Road ahead for mega disinvestment plans seems tough amid Covid (Disinvestment blues in Covid times - Part 2)

845 days ago
New Delhi, Aug 11 (IANS) The Centre's disinvestment plans might have got wings in the past one year but have made little headway in terms of actually making a deal for the cas....
Reliance at record high of 96 in Fortune Global 500, tops Indian contingent

Reliance at record high of 96 in Fortune Global 500, tops Indian contingent

845 days ago
New Delhi, Aug 11 (IANS) Reliance Industries Ltd (RIL) jumped 10 places to rank 96th in the Fortune Global 500 published on Tuesday. Its highest ranking so far was at 99 in 2012.
Adani Ports' Q1 consolidated net profit falls 26%

Adani Ports' Q1 consolidated net profit falls 26%

845 days ago
Mumbai, Aug 11 (IANS) Adani Ports and Special Economic Zone Ltd on Tuesday reported a 26.33 per cent fall in its consolidated net profit for the April-June quarter at Rs 757.8....
AI panel to correct discrepancies in special pay for crew

AI panel to correct discrepancies in special pay for crew

845 days ago
New Delhi, Aug 11 (IANS) Air India has set up an internal committee to address the issues of special pay being paid to its operating crew.
Covid curbs may further push back auctions for commercial coal mines

Covid curbs may further push back auctions for commercial coal mines

845 days ago
New Delhi, Aug. Aug 11 (IANS) The government may push back the bidding for commercial coal mines as the Covid-19 pandemic continues to restrict free movement while the investo....
Invented in India is the key to 'Atmanirbhar Bharat': Mashelkar

Invented in India is the key to 'Atmanirbhar Bharat': Mashelkar

845 days ago
New Delhi, Aug 11 (IANS) India needs to reinvent the 'Make in India' programme, according to R.A. Mashelkar, Former Director General of the Council of Scientific and Industria....
US data firm Equinix acquires India operations of GPX Global

US data firm Equinix acquires India operations of GPX Global

845 days ago
New Delhi, Aug 11 (IANS) Global interconnection and data centre company Equinix, Inc. has acquired the India operations of GPX Global Systems in an all cash deal valued at $16....
ABB India unveils eMart online marketplace

ABB India unveils eMart online marketplace

845 days ago
New Delhi, Aug 11 (IANS) Global technology company ABB India on Tuesday announced the launch of eMart, an online marketplace portal, which will offer more than 6,000 products ....
Reliance deal going through due diligence: Saudi Aramco CEO

Reliance deal going through due diligence: Saudi Aramco CEO

845 days ago
New Delhi, Aug 11 (IANS) The mega deal for Saudi Aramcos $15 billion stake in the oil to chemicals business of Reliance Industries Limited (RIL) is going through due diligence....
BSE MoU with Bullion Trade bodies for deepening physical markets

BSE MoU with Bullion Trade bodies for deepening physical markets

846 days ago
New Delhi, Aug 11 (IANS) Stock exchange BSE has signed a Memorandum of Understanding (MoU) with Akola Sarafa Association and Akola Sarafa Va Suvarnakar Yuva Sangh, association....
Sensex up 270 points; metal, FMCG stocks surge

Sensex up 270 points; metal, FMCG stocks surge

846 days ago
Mumbai, Aug 11 (IANS) The key Indian equity indices traded on a positive note on Tuesday morning, with the BSE Sensex trading over 270 points higher.
Centre may allow cooperative banks to lend under ECLGS

Centre may allow cooperative banks to lend under ECLGS

846 days ago
New Delhi, Aug 11 (IANS) As the Emergency Credit Line Guarantee Scheme, specially formed for MSMEs, progresses, the government is considering allowing cooperative banks to len....
SpiceJet installs on-board Wi-Fi enabled entertainment system

SpiceJet installs on-board Wi-Fi enabled entertainment system

846 days ago
New Delhi, Aug 11 (IANS) Airline major SpiceJet on Monday launched 'SpiceScreen', an in-flight entertainment system which enables delivery of content on to the personal device....
IndiGo to raise Rs 4k cr via qualified institutions placement

IndiGo to raise Rs 4k cr via qualified institutions placement

846 days ago
New Delhi, Aug 10 (IANS) InterGlobe Aviation, which operates airline major IndiGo, has decided to raise funds worth Rs 4,000 crore.
IFC invests $10 mn in Endiya Fund II to support product start-ups

IFC invests $10 mn in Endiya Fund II to support product start-ups

846 days ago
Hyderabad, Aug 10 (IANS) The Endiya Fund II has received a commitment of about $10 million (Rs 75 crore) from the International Finance Corporation (IFC), a member of the Worl....
Titan logs Rs 270 cr Q1 loss

Titan logs Rs 270 cr Q1 loss

846 days ago
Mumbai, Aug 10 (IANS) Tata group firm Titan Company Ltd on Monday reported standalone loss of Rs 270 crore for the April-June quarter as the coronavirus pandemic severely impa....
FM launches online dashboard for National Infrastructure Pipeline

FM launches online dashboard for National Infrastructure Pipeline

846 days ago
New Delhi, Aug 10 (IANS) Union Finance Minister Nirmala Sitharaman on Monday launched the National Infrastructure Pipeline's (NIP) online dashboard through video conferencing.
SEBI guidelines to aid trustees in monitoring AMCs activities

SEBI guidelines to aid trustees in monitoring AMCs activities

846 days ago
New Delhi, Aug 10 (IANS) The Securities and Exchange Board of India (SEBI) on Monday issued guidelines to provide administrative assistance to trustees in monitoring various a....
AI Express crash: Agency hired to recover passengers' baggage

AI Express crash: Agency hired to recover passengers' baggage

846 days ago
Chennai, Aug 10 (IANS) Air India, and its subsidiary Air India Express, have engaged the services of a baggage recovery agency to recover the belongings of the passengers of t....
ICICI Bank launches QIP with floor price of Rs 351.36/share

ICICI Bank launches QIP with floor price of Rs 351.36/share

846 days ago
Mumbai, Aug 10 (IANS) ICICI Bank on Monday launched its qualified institutional placement (QIP) with a floor price of Rs 351.36 per equity share.
Money-makers up for sale, Centre follows NDA-I on privatisation (Disinvestment blues in Covid times - Part 1)

Money-makers up for sale, Centre follows NDA-I on privatisation (Disinvestment blues in Covid times - Part 1)

846 days ago
New Delhi, Aug 10 (IANS) The Modi government's disinvestment policy, focused on strategic sales, has gathered steam in the past one year, with even profit-making PSUs such as ....
Net outflows from equity MFs at Rs 2,480 cr

Net outflows from equity MFs at Rs 2,480 cr

846 days ago
Mumbai, Aug 10 (IANS) Profit booking, along with caution on the part of investors, led to a net outflow from equity mutual fund schemes in July on a sequential basis.
Equity indices trim gains, healthcare stocks surge (Lead)

Equity indices trim gains, healthcare stocks surge (Lead)

846 days ago
Mumbai, Aug 10 (IANS) The key Indian equity indices shed major gains made earlier in the day on Monday, while the BSE Sensex closed 141 points higher.
Can spectrum be sold or transferred? SC's poser to govt (Lead)

Can spectrum be sold or transferred? SC's poser to govt (Lead)

846 days ago
New Delhi, Aug 10 (IANS) The Supreme Court on Monday, during the hearing on the adjusted gross revenue (AGR) matter of telecom companies, questioned the Centre as to how is it....
Numaligarh refinery gets environmental nod for expansion

Numaligarh refinery gets environmental nod for expansion

846 days ago
Guwahati, Aug 10 (IANS) The state-owned Numaligarh Refinery Limited (NRL) in Assam has received environmental clearance from the Ministry of Environment, Forest and Climate Ch....
AGR case: Can spectrum can be sold or transferred, SC asks

AGR case: Can spectrum can be sold or transferred, SC asks

846 days ago
New Delhi, Aug 10 (IANS) The Supreme Court on Monday, during the hearing on the adjusted gross revenue (AGR) matter of telecom companies, questioned the Centre as to how is it....
India's incentives for API production may cut supply risk: Fitch

India's incentives for API production may cut supply risk: Fitch

846 days ago
New Delhi, Aug 10 (IANS) The government's decision to incentivise domestic manufacturing of active pharmaceutical ingredients (API) and key starting materials (KSM) could curt....