BUSINESS

  ‘Airtel Safe Pay’ protects customers from payments frauds by ensuring money never leaves their accounts without consent Udaipur. To protectAirtel customers from the growing incidents of online payment frauds, Airtel Payments Bank today launched‘Airtel Safe Pay’ – India’ssafest mode for making digital payments. With ‘Airtel Safe Pay’, Airtel customers making UPI or Netbanking based payments through Airtel Payments Bank, ... Read More »

Rs. Crores –          Net Revenue                2776 –         EBITDA                         507 –         PBT                                 343 Udaipur : Indian tyre industry major, JK Tyre & Industries Ltd. (JK Tyre) announced record financials for the third quarter of the current financial year.  Consolidated Sales at Rs.2776 Crores grew 26% – best ever sales for any quarter.  EBITDA doubles to Rs.507 Crores and PBT recorded multifold increase to ... Read More »

  Udaipur : Amway India, one of the country’s leading FMCG direct selling companies today announced the launch of its latest innovation in-home care category with Amway HomeTM Fruit & Veggie Wash. Building on its expertise in home- care solutions and in its endeavor to cater to the growing need for hygiene care products, Amway forayed into the vegetable and fruit hygiene space ... Read More »

Launches its high quality and value for money range of OKIE LED TVs in the state  Udaipur :  After much success in multiple states across India, one of India’s fast growing manufacturing companies Okie Ventures now enters Rajasthan withOKIE Electronics. With strategic partnerships and distribution strategies already in place, consumers can soon begin purchasing OKIE’shigh qualitySmartLEDTVs in major cities of Rajasthan. The ‘OKIE Smart TV’ range is available in different ... Read More »

Mumbai : Bank of Maharashtra is currently trading at Rs. 16.10, up by 0.21 points or 1.32% from its previous closing of Rs. 15.89 on the BSE. The scrip opened at Rs. 16.00 and has touched a high and low of Rs. 16.45 and Rs. 15.74 respectively. So far 694420 shares were traded on the counter. The BSE group ‘A’ ... Read More »

Shoppers Stop is currently trading at Rs. 207.60, up by 0.85 points or 0.41% from its previous closing of Rs. 206.75 on the BSE. The scrip opened at Rs. 206.00 and has touched a high and low of Rs. 213.70 and Rs. 203.10 respectively. So far 75272 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman held the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) here today. The meeting was held through Video Conference and was attended by Chief Ministers, the Deputy Chief Ministers, Finance Ministers, Ministers and Senior Officers from the States/Union Territories and the Union Government. The ... Read More »

In the ongoing drive against availment of inadmissible ITC, officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East unearthed a multi-layered network of fictitious firms being used to generate and pass on fake ITC. Through the use of extensive data analytics, officers identified and searched 21 premises between 15/01/2021 and 17/01/2021, leading to the unraveling of a network ... Read More »

The Ministry of Finance, Department of Expenditure has released the 12th weekly instalment of Rs. 6,000 crore to the States today to meet the GST compensation shortfall. Out of this, an amount of Rs. 5,516.60 crore has been released to 23 States and an amount of Rs. 483.40 crore has been released to the 3 Union Territories (UT) with Legislative Assembly ... Read More »

In line with Prime Minister Narendra Modi’s vision to increase the use of renewable energy and making India Atmanirbhar, two projects supported by Energy Maharatna ONGC for the welfare of people in Betul district of Madhya Pradesh were launched by Minister of Petroleum and Natural Gas and Steel Dharmendra Pradhan today. The Minister laid the foundation stone of a hostel-cum-training ... Read More »

A national delegation of BharatiyaMazdoorSangh (BMS) today met Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr.Jitendra Singh and discussed with him service matters related to different departments. The delegation consisted of members from different wings of the BMS including BharatiyaPratirakshaMazdoorSangh (BPMS), SarkariKarmachariRashtriyaParisangh,Association of Civilian Class-1 Group ... Read More »

HDFC Bank is currently trading at Rs. 1496.25, up by 29.90 points or 2.04 % from its previous closing of Rs. 1466.35 on the BSE. The scrip opened at Rs. 1472.80 and has touched a high and low of Rs. 1500.00 and Rs. 1467.95 respectively. So far 226385 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

The Union Home Minister Amit Shah laid the foundation stone of 97th Battalion of Rapid Action Force (RAF) at Bhadravathi in Shivamogga district of Karnataka. On this occasion Union Minister of Coal & Mines and Parliamentary Affairs, Pralhad Joshi, Karnataka Chief Minister BS Yediyurappa, Deputy Chief Ministers Govind Karajol and Dr. Ashwath Narayan, Home Minister of Karnataka, Basavaraj Bommai, CRPF Director ... Read More »

In the ongoing campaign against fake/bogus invoices and resultant availment of inadmissible ITC, officers of Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have detected a case of issue of fake bills of Rs. 79.5 crore (approx). The syndicate was being operated by Sh. Nitin Jain, C.A by floating three firms i.e M/s Anshika Metals, M/s N.J Trading Co. ... Read More »

Union Minister for Road Transport & Highways and MSMEs Nitin Gadkari will inaugurate the Road Safety Month in New Delhi on Monday. The commemoration of this Month marks the Ministry’s commitment for making roads safer for all the road users. The event is organised throughout the country to create awareness among general public and specially amongst the youth to improve safety on roads and ... Read More »

Piyush Goyal, Union Minister of Consumer Affairs, Food & Public Distribution, Railways, and Commerce & Industry inaugurated the newly constructed building of Divisional Office, Mysuru on the occasion of 57th Foundation day of FCI on 14th January 2021. The Minister also addressed the officers, staff and workers of Food Corporation of India (FCI) through Facebook Live on the occasion. He lauded the ... Read More »

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), ... Read More »

Minister of Steel and Petroleum and Natural Gas Dharmendra Pradhan today addressed a webinar on “New opportunities for steel in construction and infrastructure”, organized by Indian Steel Association. Pradhan speaking on the occasion exhorted the steel industry leaders to focus on making the industry export-centric and fulfill global requirements too. He said, “Aatmanirbhar Bharat and being ‘Vocal for local” is ... Read More »

India’s overall exports (Merchandise and Services combined) in April-December2020-21* are estimated to be USD 348.49Billion, exhibiting a negative growth of (-)12.65per cent over the same period last year. Overall imports in April-December 2020-21* are estimated to be USD 343.27Billion, exhibiting a negative growth of (-) 25.86per cent over the same period last year.   *Note: i) The latest data for ... Read More »

Tamil Nadu has become the 11th State in the country to successfully undertake “One Nation One Ration Card system” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs.4,813 crore through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure. Tamil Nadu has ... Read More »

Prime Minister Narendra Modi will flag off eight trains connecting different regions of the country to Kevadiya on 17th January, 2021 at 11 AM via video conferencing. These trains will facilitate seamless connectivity to the Statue of Unity. Prime Minister will also inaugurate several other projects related to the Railways sector in Gujarat during the event. Chief Minister of Gujarat ... Read More »

Udaipur.  Bharti Airtel (“Airtel”), India’s premier communications solutions provider, is stepping up initiatives to accelerate the digital transformation of Micro, Small and Medium Enterprises (MSME) in India by partnering with National Small Industries Corporation (NSIC), A Government of India Enterprise having its mission “to promote and support MSME sector by providing integrated support services encompassing Marketing, Technology, Finance and other services”.  Airtel ... Read More »

RRIL is locked at upper circuit limit of Rs. 10.37, up by 0.20 points or 1.97% from its previous closing of Rs. 10.17 on the BSE. The scrip opened at Rs. 10.37 and has touched a high and low of Rs. 10.37 and Rs. 10.37 respectively. So far 38790 shares were traded on the counter. The BSE group ‘X’ stock ... Read More »

Indian Railway has started the New Year by achieving a landmark achievement by drastically enhancing the maximum speed to 130 kmph for 1,280 km length out of 1,612 Km in Golden Quadrilateral – Golden Diagonal (GQ-GD) route.This covers the entire GQ-GD route over South Central Railway, except Vijayawada – Duvvada section, where signaling up-gradation work is in progress. The enhanced ... Read More »

The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation has released the First Advance Estimates of National Income at both Constant (2011-12) and Current Prices, for the financial year 2020-21 along with the corresponding estimates of expenditure components of the Gross Domestic Product (GDP). 2.  The First Advance Estimates of GDP have been released in accordance with the ... Read More »

Recognising their critical contribution in supporting the economy especially during the present difficult times of COVID-19 pandemic, Central Board of Indirect Taxes & Customs (CBIC) has taken a new initiative to introduce its flagship “Liberalised MSME AEO Package” for Micro Small and Medium Enterprises (MSMEs). In order to attract MSMEs to become Authorised Economic Operators (AEOs) and avail the various ... Read More »

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.113/2020-Customs(N.T.), dated 17thDecember, 2020 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the ... Read More »

Union Minister for Coal & Mines Pralhad Joshi said that NALCO will invest around Rs. 30000 crores by financial year 2027-28 on the company’s expansion and diversification plans. Joshi was addressing the 41st Foundation Day of NALCO today at the company’s headquarters in Bhubaneswar, the capital city of Odisha. Out of this proposed investment, the company will spend over Rs. 7000 ... Read More »

The Union Minister for Consumer Affairs, Food & Public Distribution, Commerce & Industry and Railways Piyush Goyal attended the 74th foundation day celebration of Bureau of Indian Standards on 6th January 2021.  On this occasion he inaugurated the Toy Testing facilities, which BIS has created across three of its laboratories and announced the launch of Certificate Courses on Assaying & Hallmarking as well ... Read More »

Dedicated Freight corridor, whose Rewari – Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi today, is going be the game changer in economic development of the country. Dedicated Freight Corridor Corporation of India is constructing the Western DFC (1506 Route km) and Eastern DFC (1875 route km including Sonnagar-Dankuni PPP Section). The EDFC ... Read More »

National Aluminium Company is currently trading at Rs. 49.40, up by 1.30 points or 2.70% from its previous closing of Rs. 48.10 on the BSE. The scrip opened at Rs. 48.70 and has touched a high and low of Rs. 49.50 and Rs. 48.70 respectively. So far 48893 shares were traded on the counter. The BSE group ‘A’ stock of ... Read More »

Ministry of Railways has decided to extend the time limit beyond six months and upto nine months from the date of journey for cancellation of PRS counter tickets and refund of fare across reservation counters for the journey period 21.03.2020 to 31.07.2020. It is applicable only for regular time tabled trains cancelled by Railways. In case of ticket cancelled through ... Read More »

Udaipur. In line with Toyota’s philosophy of making “Ever- Better Cars”, Toyota Kirloskar Motor (TKM) today launched the new Toyota Fortuner and exclusive new Legender. The Fortuner has been an aspirational SUV for more than a decade now and continues to dominate the segment with over 53% segment share, even today. The new Fortuner is available in 2.8 L Diesel ... Read More »

Udaipur :  Indian tyre industry major and the pioneer of radial tyre technology in the country, JK Tyre & Industries Ltd., has become an exclusive tyre partner with Hyundai Motor India – one of the largest car manufacturer in the country – for its highest selling SUV, Creta. Over the years, JK Tyre has introduced hi-technological products that are best suited ... Read More »

HDFC Bank has witnessed a loan growth of 19 percent to Rs 10,82,000 crore during the third quarter ended December 2020 (Q3FY21). The bank had an outstanding loan of Rs 9,36,000 crore as of December 31, 2019, and a growth of around 4 percent. It stood at Rs 10,38,300 crore as of September 30, 2020. The bank’s deposits aggregated to ... Read More »

Housing Development Finance Corporation (HDFC) is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis to meet its business requirements. The bank will issue secured redeemable non-convertible debentures (NCDs) on private placement basis with an issue size of Rs 2,000 crore and an option to retain over-subscription of up to Rs 3,000 crore. The ... Read More »

With an upsurge in openings for job, education, and commercial development across the country, there is a rise in the number of people frequently migrating from one place to another. Due to the ever-growing relocation needs and to ensure people avoid unnecessary expenditures and trauma because of goods damages and self-injuries, several moving firms have come up in the market ... Read More »

For more than 150 years, the Department of Posts (DoP) has been the backbone of the country’s communication and has played a crucial role in the country’s social economic development. It touches the lives of Indian citizens in many ways: delivering mails, accepting deposits under Small Savings Schemes, providing life insurance cover under Postal Life Insurance (PLI) and Rural Postal ... Read More »

The Income Tax Department carried out search and seizure action on a number of hawala operators engaged in the activity of routing and handling unaccounted cash in Delhi region. The search action has resulted in unearthing of incriminating evidences revealing various shell entities being used for raising bogus purchase/sale bills, and routing of unaccounted funds through several layers of bank ... Read More »

It has been reported by media that ‘My Stamp’ on alleged criminals Chhota Rajan and Munna Bajrangi have been made by a Post Office in Kanpur. In this regard rules provide that a customer can get ‘My Stamp’ printed of himself, family photograph/photo of friends, relatives etc on occasions like birthdays, retirement, greetings etc. for which customer has to sign ... Read More »

Indostar Capital Finance is currently trading at Rs. 320.05, up by 5.40 points or 1.72% from its previous closing of Rs. 314.65 on the BSE. The scrip opened at Rs. 314.65 and has touched a high and low of Rs. 322.80 and Rs. 314.65 respectively. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week ... Read More »

Railways should gear up to ensure all last mile connectivity as it speeds up the problem progress of DFCs in the country. This was said by Piyush Goyal Minister for Railways and Commerce & Industry and Consumer Affairs, Food &  Public Distribution while reviewing the progress of upcoming DFCs He asked the officials to continue to engage and coordinate with ... Read More »

Punjab National Bank (PNB) has completed IT integration of all branches of erstwhile United Bank of India with itself. This is in continuation to the IT integration of all branches of erstwhile Oriental Bank of Commerce undertaken last month. The amalgamation of Oriental Bank of Commerce and United Bank of India into PNB came into effect from April 1, 2020. ... Read More »

Coal India is currently trading at Rs. 138.40, up by 2.20 points or 1.62% from its previous closing of Rs. 136.20 on the BSE. The scrip opened at Rs. 140.75 and has touched a high and low of Rs. 140.75 and Rs. 137.75 respectively. So far 204126 shares were traded on the counter. The BSE group ‘A’ stock of face ... Read More »

The Union Ministry of Road Transport and Highways (MoRTH) has extended the validity of vehicular documents like DLs, RCs, Permits etc till 31st Mach 2021 in the light of need to prevent spread of Covid -19. Ministry has today issued a directory to the States and Union Territory administrations in the regard. MoRTH had earlier issued advisories dated 30th March, ... Read More »

New Delhi:  The mandatory requirement of 1 per cent cash payment of GST liability with effect from January 1 would be applicable to about 45,000 taxpayers, which is only 0.37 per cent of the total businesses registered in the Goods and Services Tax system, Revenue Department sources said on Saturday. To curb tax evasion by way of fake invoicing, the ... Read More »

New Delhi:  The COVID-19 pandemic had a massive impact on the Indian aviation sector in 2020 and major airlines facing losses and challenging times laid off employees, sent them on leave without pay, or cut their salaries. The government also had to extend the deadline for submitting bids for Air India five times during the year. When the pandemic started ... Read More »

New Delhi:  The Finance Ministry on Saturday said it has permitted Rajasthan to borrow an additional Rs 2,731 crore after the state successfully undertook ease of doing business reforms. Rajasthan has now joined the five other states namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu and Telangana, which have completed the reform facilitating ease of doing business to be eligible ... Read More »

Rajasthan has become the 6th State in the country to successfully undertake “Ease of Doing Business” reform stipulated by the Department of Expenditure, Ministry of Finance. Thus, the State has become eligible to mobilise additional financial resources of Rs. 2,731 crore through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 24th December, 2020. Rajasthan has now ... Read More »

Udaipur :  FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, shared the findings of a recentsmall and medium enterprise (SME)-focused survey in India. The FedEx-commissioned survey was conducted by the independent research firm Dun & Bradstreet India to identify trends in e-commerce and digital adoption among SMEsduring the COVID-19 pandemic. The ... Read More »