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Cabinet approves MoU between India and Kuwait in the field of accounting, finance and audit knowledge base

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 and Auditors Association (KAAA) will ... Read More »

US markets end marginally higher on Wednesday

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 guidance from Texas Instruments (TXN) ... Read More »

US markets settle slightly in red on Tuesday

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 amid report suggesting a phase ... Read More »

Strengthening its foothold in North-Western market, Canon India launches Business Imaging Solutions (BIS) Lounge in Udaipur

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 was inaugurated with an objective ... Read More »

TCS partners with Google cloud to build industry-specific Cloud Solutions

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, design and build, migration, platform ... Read More »

Paytm Launches its First Credit Card in Association with Citibank

New Delhi :  Paytm has launched its first credit card “Paytm First Card” in association with Citibank. With this, it was said in a statement that customers can apply for this credit card through Paytm App. It further said that they would also get promo codes of Rs. 10000 for the minimum spending of Rs. 10000 for the first four ... Read More »

Flipkart unveils The Big Billion Days Specials for consumers across India

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 something special for every shopper. ... Read More »

Manthan – Rag pickers – The Best Managers of Plastic Waste Recycling

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 that, someone is collecting these ... Read More »

Vivimed Labs’ API manufacturing facility gets EIR from USFDA

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 oral care, sun care, skin ... Read More »

Wipro’s acquired entity expands Europe Operations with Office in Portugal

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 from universities, for delivery roles ... Read More »

USFDA conducts inspection at Biocon’s Bengaluru facility

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 and research services. It is ... Read More »

Ashok Leyland aims to set up more assembly plants in CIS countries, Africa

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 regions beyond its traditional stronghold ... Read More »

India GDP growth at 4.7% in Q2FY20: Ind-Ra

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 since 2013. This comes despite ... Read More »

Growth may have slowed down but economy will never slip into recession: Sitharaman

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. Allaying concerns over revenue position ... Read More »

APL Apollo Tubes inches up on signing MoU with IIT Roorkee

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 has touched a 52 week ... Read More »

Ashok Leyland gains despite reporting 22% fall in November sales

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 group ‘A’ stock of face ... Read More »

21 UIDAI-run Aadhaar Seva Kendras operational across the country

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 to handle up to 1,000 ... Read More »

Tariff hike to boost govt revenue collection, improve financial health of telecom sector: COAI

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 enable operators to do required ... Read More »

Glenmark Pharmaceuticals announces first in the world launch of its novel, globally-researched, latest-in-class diabetes medicine “Remogliflozin” in India

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 acting on the SGLT2 receptors ... Read More »

Tips to Get the Perfect Water Purifier

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 like river, lakes, streams and ... Read More »

Mankind Pharma becomes first Indian company to develop dydrogesterone for infertility & pregnancy related complications

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 successful maintenance of pregnancy. Any ... Read More »

Tasty Dairy Specialities inks agreement with Noluma International

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 or a combination of the ... Read More »

Majesco releases version 11 for Majesco Distribution Management platform

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 Digital Tour Guide. Majesco enables ... Read More »

Kimia Biosciences receives ‘Site certificate under WHO-GMP certification Scheme’

Kimia Biosciences has been granted ‘Site certificate under WHO-GMP certification Scheme’ by State Drug Controller Haryana, Food and Drug Administration Haryana Panchkula for complying with Goods Manufacturing Practices for Pharmaceutical products for Starting materials namely ‘Active pharmaceutical Ingredients(API) Bulk Drugs’ for Categories- ‘Non Beta Lactum’ for Production, Packing and Quality Control activities. This certificate is valid upto November 17, 2022. ... Read More »

India’s electricity demand drops 4.3% in November: CEA

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, from 98.84 billion units during ... Read More »

Wipro rises on signing MoU with MTC

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 ‘A’ stock of face value ... Read More »

HDFC Bank surges on inking MoU with Storeking

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 group ‘A’ stock of face ... Read More »

JSPL surges on commissioning 4th coke oven battery at Angul plant

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 counter. The BSE group ‘A’ ... Read More »

Infosys inches up on the BSE

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 ‘A’ stock of face value ... Read More »

Hindustan Zinc Among Top 5 Companies In India To Score 10/10 In Terms Of Voluntary Disclosure Index

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, Thailand, Indonesia, the Philippines and ... Read More »

Gujarati family consume poison in Udaipur hotel, 2 dead

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 Ahmedabad-Udaipur highway. All of them ... Read More »

Govt committed to managing curtailments in renewable energy sector: Anand Kumar

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 the renewables value chain as ... Read More »

Domestic steel demand falls 1.8% during first two months of Q3 FY20: ICRA

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 year. The rating agency further ... Read More »

Union Bank of India trades higher on the BSE

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. The BSE group ‘A’ stock ... Read More »

Citizenship Amendment Bill, 2019 tabled in Rajya Sabha

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 Congress, Nationalist Congress Party, Trinamool ... Read More »

India’s NBFCs to go for offshore financing in 2020: Fitch

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, it expects offshore access to ... Read More »

How Practice Tests Lead You to Success in Microsoft 70-486 Exam?

Whatever IT path you may have stepped on,there is always a space for developments. It means if you don’t want to appear at the margins of professional sphere and loose emerging advantages, climb up the ladder and become a certified Microsoft professional. In details, the corporation’s certification program represents a plentiful collection of innovative credentials. They fall into fundamental, associate, ... Read More »

Citizenship Amendment Bill to be introduced in RS on December 11

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 clear majority in the house. ... Read More »