The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Memorandum of Understanding (MoU) for capacity building and strengthening the accounting, financial and audit knowledge base in Kuwait. Benefits: The MoU entails that two entities of India and Kuwait which are: Institute of Chartered Accountants of India (ICAI) and Kuwait Accountants … Read more
The US markets eked out modest gains on Wednesday after traders digested the latest batch of earnings news from big-name companies like Boeing (BA) and Caterpillar (CAT). Boeing and Caterpillar both reported weaker than expected third quarter earnings, with Caterpillar also cutting its full-year outlook due to weak demand for construction and mining equipment. Disappointing … Read more
The US markets ended choppy trading session slightly in red on Tuesday as traders seemed reluctant to make significant moves ahead of the Federal Reserve’s highly anticipated monetary policy announcement on Wednesday. Traders took a wait-and-see approach even though the Fed is widely expected to cut interest rates by another quarter point. Some pessimism came … Read more
Udaipur : Staying true to its motto of ‘Business Can Be Simple’ and recognizing the dynamic shifts in the business environment, Canon India, one of the leading digital imaging company, announced the launch of its new ‘Business Imaging Solutions’ (BIS) lounge in Udaipur. The new BIS lounge in Udaipur in association with Canon Authorized Partner, Prince Enterprise … Read more
Mumbai : Tata Consultancy Services (TCS) has partnered with Google Cloud to build industry-specific cloud solutions that will help organizations accelerate their digital transformation and leverage data-driven insights that power superior customer experiences. The company offers a differentiated set of cloud enablement services on Google Cloud Platform (GCP), applying the Machine-First Delivery Model across advisory, … Read more
AU Small Finance Bank is currently trading at Rs. 668.75, up by 11.00 points or 1.67% from its previous closing of Rs. 657.75 on the BSE. The scrip opened at Rs. 660.00 and has touched a high and low of Rs. 672.80 and Rs. 659.20 respectively. So far 4083 shares were traded on the counter. … Read more
Dish TV India is currently trading at Rs. 22.80, up by 0.45 points or 2.01% from its previous closing of Rs. 22.35 on the BSE. The scrip opened at Rs. 22.35 and has touched a high and low of Rs. 23.10 and Rs. 21.70 respectively. So far 1016862 shares were traded on the counter. The … Read more
Udaipur : Flipkart, India’s leading e-commerce marketplace, is making the upcoming festive season even more enjoyable for shoppers by unveiling a wide range of special products as part of the Big Billion Days Specials. Flipkart has partnered with 40 popular brands and co-created product offerings across categories like fashion, electronics, mobile, furniture, and more, guaranteeing … Read more
Reliance Industries is currently trading at Rs. 1363.00, up by 5.35 points or 0.39% from its previous closing of Rs. 1357.65 on the BSE. The scrip opened at Rs. 1363.50 and has touched a high and low of Rs. 1365.00 and Rs. 1355.00 respectively. So far 38476 shares were traded on the counter. The BSE … Read more
OnMobile Global has entered into partnership with Bharti Airtel to launch a Diwali gaming solution for Airtel Thanks app users. It will be part of the Airtel Diwali Mahotsava during this festive season and will go live from October 20, 2019 until November 3, 2019. The gaming solution consists of engaging games like Tombola, Spin … Read more
It is quite surprising as how the plastic bottles and broken plastic that we throw in our dustbins becomes part of recycling process and ultimately comes back to us in the shape and form of a finished product. Something that we throw as part of waste becomes means of livelihood for others, or is it … Read more
Vivimed Labs’ API manufacturing facility located in Cuernavaca, Mexico has been inspected by the US Food and Drug Administration (USFDA). The inspection was successful and company obtained Establishment Inspection Report (EIR). This was a routine inspection by the USFDA. Vivimed Labs is engaged in providing specialty chemicals and pharmaceuticals products. The company offers products for … Read more
Wipro’s acquired entity — Appirio, has launched a new office in Porto, Portugal to expand its European operations and meet growing business requirements in the region. The new Porto office houses a Commerce Cloud Digital Centre of Excellence, a Delivery Center and an Innovation Hub. The new office will hire local talent both laterally and … Read more
United States Food and Drug Administration (USFDA) has conducted a pre-approval inspection of Biocon’s new Oral Solid Dosage Forms manufacturing facility at Bengaluru from November 05 to 09. The audit concluded without any observations and no Form 483 was issued. Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals … Read more
Mumbai : Ashok Leyland is aiming to set up more assembly plants overseas, including the CIS region and African countries, as part of plans to scale up its global operations. The company is banking on its new range of medium and heavy commercial vehicles (M&HCV) and light commercial vehicles (LCVs) to help it enter new … Read more
Expressing optimism over growth of India’s economy, the minister of Railways, Commerce and Industry Piyush Goyal has said the country’s service sector can help achieve the Central government’s target of $5 trillion Gross Domestic Product (GDP). He said the service sector has the potential to be the largest job creators in the country and over … Read more
Fitch group firm India Ratings and Research (Ind-Ra) has said Indian economy may have slowed to 4.7% in second quarter of current financial year (Q2FY20). The 4.7% projection for the second quarter of the current fiscal would mark six consecutive quarters of slowing growth. The Indian economy expanded 5% in April-June, its slowest annual pace … Read more
Talking about the economic situation of India, Finance Minister Nirmala Sitharaman has said that the growth may have slowed down but the economy will never slip into recession. She added that steps taken by the government post her maiden budget have started bearing fruits and some sectors such as automobiles have shown signs of recovery. … Read more
Finance Minister Nirmala Sitharaman has said the problems in the automobile sector are essentially derived because of the Supreme Court’s (SC) order to upgrade to Bharat Stage (BS) VI emission standards, thus resulting in churn in the sector. She said the auto sector is among the industries that are facing headwinds but have responded to … Read more
APL Apollo Tubes is currently trading at Rs. 1568.90, up by 4.50 points or 0.29% from its previous closing of Rs. 1564.40 on the BSE. The scrip opened at Rs. 1568.90 and has touched a high and low of Rs. 1568.90 and Rs. 1563.00 respectively. The BSE group ‘A’ stock of face value Rs. 10 … Read more
Ashok Leyland is currently trading at Rs. 79.45, up by 0.35 points or 0.44% from its previous closing of Rs. 79.10 on the BSE. The scrip opened at Rs. 79.10 and has touched a high and low of Rs. 79.65 and Rs. 77.55 respectively. So far 1143438 shares were traded on the counter. The BSE … Read more
Muthoot Capital Services is currently trading at Rs. 482.35, up by 12.75 points or 2.72% from its previous closing of Rs. 469.60 on the BSE. The scrip opened at Rs. 479.50 and has touched a high and low of Rs. 482.35 and Rs. 478.00 respectively. The BSE group ‘B’ stock of face value Rs. 10 … Read more
New Delhi : Unique Identification Authority of India (UIDAI) has operationalised 21 Aadhaar Seva Kendras (ASK) as part of its plan to open 114 stand-alone Aadhaar enrolment & update centres across the country. These are in addition to 35000 Aadhaar enrolment centers run by Banks, Post Offices and State Governments. These centres have a capacity … Read more
Cellular Operators Association of India (COAI) Director-General Rajan Mathews has said that hike in the price of mobile calls and internet rates by the telecom operators is beneficial for customers, will boost government revenue collection and help in generating jobs by improving financial health of the sector. From customers’ perspective, he said these tariffs will … Read more
MMTC is currently trading at Rs. 17.90, up by 0.25 points or 1.42% from its previous closing of Rs. 17.65 on the BSE. The scrip opened at Rs. 17.95 and has touched a high and low of Rs. 18.00 and Rs. 17.70 respectively. So far 13453 shares were traded on the counter. The BSE group … Read more
Udaipur : Glenmark Pharmaceuticals Ltd (Glenmark), a research-led global integrated pharmaceutical company, today announced the launch of its novel,patent protected and globally-researched sodium glucose co-transporter (SGLT2)inhibitor Remogliflozinetabonate (Remogliflozin) in India. The drug is indicated in the treatment of type-2 diabetes mellitus in adults. SGLT2 inhibitors are novel anti-diabetic drugs that help achieve glycemic control by … Read more
Human beings have three basic needs which are food, water and shelter in order to survive on planet earth. Out of these, water is the most important resource. It is treated as an elixir of life which sustains every living thing on the planet. Water as a resource is available from a number of sources … Read more
Udaipur : Mankind Pharma, a Rs 5,600 crore pharmaceutical company, has launched a Dydrogesterone-containing drug, for treatment of pregnancy-related complications. Mankind Pharma becomes the first Indian and second global company to develop the drug and make it available at an affordable price. Progesterone is a natural hormone involved in the menstrual cycle, implantation, and in … Read more
Tasty Dairy Specialities (TDSL) has entered into an Agreement with Noluma International to provide its range of dairy products in patented Noluma Certified Packaging which will increase the shelf life of products. For TDSL, it is a phased arrangement in which there will be stage wise collaboration of the two companies entailing equity or royalty … Read more
Majesco has released version 11 for the Majesco Distribution Management platform. This release highlights Majesco’s continued strategic investment in the distribution management solution to enable insurers to optimize their distribution channels with rich digital, distribution and data capabilities. Some key elements includes Multi-Channel Enablement, Compensation Schemes, Enhanced Onboarding and Compliance, Performance and Relationship Management and … Read more
Central Electricity Authority (CEA) in its latest data has showed that India’s power demand dropped 4.3% in November 2019 from a year ago, representing the fourth straight month of decline, potentially reflecting a worsening industrial slowdown which has stifled overall economic growth. Data showed that electricity demand fell to 94.60 billion units in November 2019, … Read more
Wipro is currently trading at Rs. 238.45, up by 0.30 points or 0.13% from its previous closing of Rs. 238.15 on the BSE. The scrip opened at Rs. 236.50 and has touched a high and low of Rs. 239.70 and Rs. 236.50 respectively. So far 18360 shares were traded on the counter. The BSE group … Read more
IDBI Bank is currently trading at Rs. 34.00, up by 0.50 points or 1.49% from its previous closing of Rs. 33.50 on the BSE. The scrip opened at Rs. 33.90 and has touched a high and low of Rs. 34.45 and Rs. 33.80 respectively. So far 62332 shares were traded on the counter. The BSE … Read more
HDFC Bank is currently trading at Rs. 1252.55, up by 2.80 points or 0.22% from its previous closing of Rs. 1249.75 on the BSE. The scrip opened at Rs. 1252.50 and has touched a high and low of Rs. 1254.00 and Rs. 1213.15 respectively. So far 42553 shares were traded on the counter. The BSE … Read more
Transwarranty Finance is currently trading at its upper circuit limit of Rs. 4.50, up by 0.75 points or 20.00% from its previous closing of Rs. 3.75 on the BSE. The scrip opened at Rs. 4.22 and has touched a high and low of Rs. 4.50 and Rs. 4.22 respectively. So far 200 shares were traded … Read more
Jindal Steel & Power (JSPL) is currently trading at Rs. 143.70, up by 2.65 points or 1.88% from its previous closing of Rs. 141.05 on the BSE. The scrip opened at Rs. 143.45 and has touched a high and low of Rs. 144.45 and Rs. 142.00 respectively. So far 222173 shares were traded on the … Read more
Infosys is currently trading at Rs. 714.90, up by 0.65 points or 0.09% from its previous closing of Rs. 714.25 on the BSE. The scrip opened at Rs. 715.50 and has touched a high and low of Rs. 722.75 and Rs. 713.40 respectively. So far 49398 shares were traded on the counter. The BSE group … Read more
We are proud that Hindustan Zinc has championed in terms of Voluntary Disclosure Index by scoring 10/10 and securing its place among Top 5 Companies in India. FTI Consulting, Inc. has released its Asia Disclosure Index 2019, which tracks corporate disclosure practices amongst 330 publicly listed corporations across eight jurisdictions in Asia: ASEAN (Singapore, Malaysia, … Read more
Udaipur : A Gujarati family consisting of a couple and their teenage children, which arrived Udaipur on Wednesday noon, consumed poison in their room after checking-in a hotel in Sector 14 area under the Goverdhan Vilas police station limit. The hotel is situated immediately on the entry of Udaipur city at the road side of … Read more
In order to enhance the ease of doing business, Secretary, Union Ministry of New & Renewable Energy (MNRE), Anand Kumar has said that the government is committed to managing curtailments in the renewable energy sector. He also noted that the Ministry is working with farmers and Commercial & Industrial (C&I) consumers to embed them into … Read more
Pointing sluggish demand in the steel sector, credit rating agency, ICRA in its latest report has said that domestic steel demand fell 1.8 per cent during the first two months of the third quarter of the current financial year (October-November) to 15.4 million tonnes (mt) as compared to 15.7 mt reported in same period last … Read more
State Bank of India (SBI) is currently trading at Rs. 312.35, down by 1.10 points or 0.35% from its previous closing of Rs. 313.45 on the BSE. The scrip opened at Rs. 311.75 and has touched a high and low of Rs. 315.60 and Rs. 308.10 respectively. So far 1248645 shares were traded on the … Read more
Union Bank of India is currently trading at Rs. 54.10, up by 0.20 points or 0.37% from its previous closing of Rs. 53.90 on the BSE. The scrip opened at Rs. 53.75 and has touched a high and low of Rs. 55.10 and Rs. 53.75 respectively. So far 335433 shares were traded on the counter. … Read more
The Citizenship Amendment Bill, 2019, has been tabled by Union Home Minister Amit Shah in the Rajya Sabha. The Bill seeks to grant Indian citizenship to refugees from Hindu, Christian, Sikh, Buddhist and Zoroastrian communities fleeing religious persecution from Pakistan, Afghanistan, and Bangladesh who entered India on or before December 31, 2014. Opposition parties including … Read more
Global rating agency, Fitch Ratings in its latest report has said that India’s non-banking financial companies (NBFCs) will go for offshore financing in 2020 as funding conditions within the local market will continue relatively tight for NBFCs overall, though some improvement since the failure of Infrastructure Leasing & Financial Services (IL&FS) in late 2018. However, … Read more
The BJP is confident of the passage of the contentious Citizenship Amendment Bill in the Rajya Sabha (RS) which will be introduced in the upper house on December 11. The bill piloted by Union Home Minister Amit Shah was comfortably passed in the Lok Sabha on late Monday night as the ruling BJP enjoys a … Read more
Zinc Football was awarded as the ‘Best Grassroots Football Programme of the Year’ at the glittering Football Delhi Awards Night which was held on 9th December 2019. The award, given by Mr. Kushal Das – General Secretary of All India Football Federation in presence of Mr. Shaji Prabhakaran – President, Football Delhi, was received by none … Read more
Udaipur : Hindustan Zinc Limited’s initiative Zinc Football was awarded as the ‘Best Grassroots Football Project of the Year’ at the inaugural Football Delhi Awards Night. Held at a glittering ceremony in the capital, the awards recognized Zinc Football’s efforts towards promoting grassroots football and building an ecosystem around the sport. The Hindustan Zinc Limited’s programme … Read more
Udaipur : In a gruesome incident, a 35-year old man severed his father’s head with a sword and axe in Navliyapag ka Badiya village of Chhapli panchayat under Devair police station area on Monday night. The reason behind the murder is yet not clear as the accused is absconding. He worked in a hotel in Ahmedabad … Read more
Udaipur : The police force in Dungarpur, failed on Monday, to pacify hundreds of tribal youths who have been staging protest atop Kakri-Dungri hills between Bichhiwada-Kherwada route for almost a week now. As their ‘Mahapadav’ entered the fifth day on Monday, cops tried to climb up and disperse the unlawful assembly of men and women … Read more