Rupee up 19 paise against USD..

March 31, 2022, 11:21 am Mumbai, March 31 : The Rupee on Thursday rallied 19 paise at 75.72 against the US Dollar in early trade on selling of US Dollars by bankers and exporters, dealers at the Foreign Exchange said. The Rupee was seen strong owing to weak Dollar against other world currencies, the dealer … Read more

Axis Bank to acquire Citi for Rs 12,325 crore

Mumbai, March 30 : Private sector lender Axis Bank on Wednesday said its Board has approved acquisition of Citibank’s consumer businesses in India for a cash consideration of around Rs 12,325 crore. The transaction comprises the sale of the consumer businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans, … Read more

ICRA, India Ratings cut India’s FY23 GDP estimate

March 30, 2022, 1:32 pm New Delhi, March 30 : A day after ICRA sharply cut India’s FY23 GDP growth projections to 7.2 per cent from 8 per cent earlier, India Ratings and Research (Ind-Ra) on Wednesday revised its growth estimate downward to 7-7.2 per cent primarily on account of global geo-political situation arising out … Read more

Bank e-fraud case : Hyderabad police arrests Nigerian national

March 30, 2022, 3:12 pm Hyderabad, March 30 : Hyderabad police on Wednesday arrested a Nigerian National, the kingpin in the Mahesh Bank e-fraud case. An amount of about Rs.12.48 crore was swindled by the two Nigerians– Ikpa Stephen Orji and another code-named Capital , who came to Hyderabad at the time of offence, met … Read more

Sensex rallies 740.34 pts

March 30, 2022, 5:49 pm Mumbai, March : Extending gains for the third straight session, the BSE Sensex on Wednesday spurted 740.34 pts to close at 58,683.99 following progress in peace talk between Russia and Ukraine. The Nifty of National Stock Exchange (NSE) rose 172.95 pts at 17,498.25. The day opened on a strong note … Read more

25k bank employees join General Strike in Kerala

March 28, 2022, 4:14 pm Thiruvananthapuram, March 28 : In Kerala, 25,000 bank employees and officers working in 7600 branches and offices participated in the 48-hour General Strike that began on Monday. All-India Bank Employees’ Association (AIBEA) Joint Secretary KS Krishna said “Striking bank employees took out rallies and processions. Hundreds of employees participated in … Read more

Singapore’s e-commerce firm Shopee exits India

March 28, 2022, 4:41 pm New Delhi, March 28 : Blaming it on global market uncertainties, Singapore’s e-commerce firm Shopee on Monday said it has decided to shut down its India operations. “In view of global market uncertainties, we have decided to close our early-stage Shopee India initiative,” the company told in response to a … Read more

Vinod Rai is Chairman of Kalyan Jewellers

March 28, 2022, 12:44 pm Mumbai, March 28 : Kalyan Jewellers India on Monday said its Board has approved the appointment of former Comptroller and Auditor General of India Vinod Rai as its new Chairman. “The Board has approved the appointment of Rai as the Chairman and Independent Non-Executive Director of Kalyan Jewellers India,” the … Read more

Sensex up 231.29 pts

March 28, 2022, 4:20 pm Mumbai, March 28 : Snapping a losing streak of last three sessions, the BSE Sensex on Monday rose 231.19 points to close at 57,593.49 on positive European Market. The Nifty of National Stock Exchange (NSE) moved up 69 points at 17,222. Though, a see-saw trend was witnessed during the day, … Read more

Fuel prices increase by 80 p/ltr again

March 26, 2022, 8:35 am New Delhi, March 26 : Petrol and diesel prices were increased once again by 80 paise per litre on Saturday. According to price notification of Indian Oil Corporation, the petrol in Delhi now costs Rs 98.61 per litre while diesel Rs 89.87 per litre, while the price of petrol on … Read more

Bank strike on March 28-29

March 25, 2022, 3:52 pm Aurangabad, Mar 25 : All central trade ons except the Bharatiya Mazdoor Sangh (BMS) have called a nationwide strike of banks on March 28 and 29 to oppose the new four labour codes and to oppose largescale privatisation of public sector entities. on leader Devidas Tuljapurkar said in a statement … Read more

Airtel prepays Rs 8,815 crore to clear spectrum dues

March 25, 2022, 9:35 am New Delhi, March 25 : Telecom major Bharti Airtel on Friday said it has paid Rs 8,815 crores to the Department of Telecom towards part prepayment of deferred liabilities pertaining to spectrum acquired in auction of year 2015. The prepayment is for installments due in FY 2027 and FY 2028. … Read more

Fuel prices increase by 80 paise per ltr

March 25, 2022, 10:16 am New Delhi, March 24 : Petrol and diesel prices were increased by 80 paise per litre on Friday. After a hiatus of 137 days, the oil marketing companies had increased the fuel prices by 80 paise per litre on March 22 and 23. According to price notification of Indian Oil … Read more

Federal Bank ties up with RBI subsidiary

March 24, 2022, 3:46 pm Bengaluru, March 24 : Federal Bank joined hands with Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of Reserve Bank of India as scale up partner for phase 2 of Swanari TechSprint Programme. The term Swanari stands for Swanirbhar Nari meaning Self Reliant Lady. The programme is aimed at advancing … Read more

IDBI eyes for Rs 8k cr bond borrowing for FY23

March 24, 2022, 12:51 pm Mumbai, March 24 : Private sector lender IDBI on Thursday said it is seeking approval for rupee bond borrowings worth Rs 8,000 crore for the next fiscal. A meeting of the board of directors will be held later this week, the LIC-controlled lender said in a regulatory filing. “It is … Read more

Sensex dips by 494 pts

March 24, 2022, 10:33 am Mumbai, March 24 : The BSE Sensex on Thursday slid further by 494 points to open at 57,190.05 as heavy selling was seen in Finance, Bankex and Consumer Durable stocks. The Nifty too slipped 151 points at 17,094.95. The Sensex registered days high and low at 57,627.96 and 57,138.51 points … Read more

Indraprastha Gas Limited hikes domestic PNG price

Indraprastha New Delhi, March 24 : Indraprastha Gas Limited on Thursday hiked the price of domestic piped natural gas ( G) in Delhi by Re 1 standard cubic meter (SCM). The new price will come into effect from Thursday. In Delhi, G will cost Rs 36.61 per t while in Noida, Greater Noida and Ghaziabad … Read more

GAIL Director gets bail in bribery case worth Rs 50 lakh

March 23, 2022, 10:14 pm New Delhi, March 23 : A Delhi Court on Wednesday granted bail to the Marketing Director of GAIL, who was arrested in connection of allegedly taking bribe of over Rs 50 lakh from prospective beneficiaries of a policy of providing discounts to dealers selling products of the Maharatna PSU. It … Read more

Acsia Tech to expand with 85000 sqft office at Technopark Phase-3

March 23, 2022, 4:42 pm Thiruvananthapuram, March 23 : Acsia Technologies, the Technopark-based company, developing software solutions for major automotive carmakers and Tier 1 suppliers, is all set for its facility expansion, with 85,000 sqft at the Embassy Taurus TechZone, Technopark Phase III. The leasing of the new premises is part of the expansion project … Read more

IGNITE to boost female investors

March 23, 2022, 4:56 pm Kochi, March 23 : Kerala Startup Mission (KSUM) is organising IGNITE, an angel investment masterclass to boost entrepreneurship on March 31 for the benefit of aspiring women entrepreneurs. Revathy Ashok, Co-Founder of Strategy Garage and an angel investor with investments in over 15 startups, will lead the session, which will … Read more

Kotak Bank falls 2.67 pc to Rs 1760.35

March 23, 2022, 4:40 pm Mumbai, March 23 : Kotak Bank on Wednesday declined 2.67 pc to Rs 1760.35 a major loser in 30 scrips of BSE. Other losers were HDFC by 2.38 pc to Rs 2345.50, Bharti Airtel by 1.84 pc to Rs 706, Sun Pharma by 1.65 pc to Rs 898.85 and Maruti … Read more

Link Group launches operations in Pune

March 23, 2022, 5:13 pm Pune, Mar 23 : Link Group, a global, digitally enabled business connecting millions of people with their financial assets, on Wednesday announced the opening of its second capability centre in the country at Hinjewadi area of the city. The company has also announced plans to initially recruit up to 400 … Read more

Rupee drops 12 paise against USD

March 23, 2022, 4:24 pm Mumbai, March 23 : The Rupee on Wednesday dropped further by 12 paise to close at 76.30 on brisk demand for the US Dollar by bankers and importers, dealers at the Foreign Exchange said. High fluctuation was witnessed during the day, as the local t rose by 13 paise at … Read more

Sensex down 304.48 points

March 23, 2022, 4:20 pm Mumbai, March 23 : The BSE Sensex on Wednesday dropped 304.48 points to settle at 57,684.82 on profit booking by local operators despite positive Asian Market. The Nifty of National Stock Exchange (NSE) fell 69.85 points at 17,245.65. The Sensex rallied 209 pts at 58,198.64 in opening trade. It was … Read more

I-T dept raids Hero MotoCorp MD

March 23, 2022, 11:31 am New Delhi, March 23 : The Income Tax (I-T) department has carried out searches on multiple premises associated with Hero MotoCorp MD Pawan Munjal, official sources said on Wednesday. “The search operation is still on and hence details can’t be shared as yet,” an I-T official said. An official response … Read more

Tata Consultancy Services trades higher on the bourses

Tata Consultancy Services is currently trading at Rs. 3707.35, up by 6.40 points or 0.17% from its previous closing of Rs. 3700.95 on the BSE. Tata Consultancy Services The scrip opened at Rs. 3709.00 and has touched a high and low of Rs. 3716.00 and Rs. 3691.40 respectively. So far 25790 shares were traded on … Read more

Adani Ports gains on crossing 300 MMT cargo handling

Adani Ports is currently trading at Rs. 740.70, up by 1.05 points or 0.14% from its previous closing of Rs. 739.65 on the BSE. Adani Ports The scrip opened at Rs. 747.20 and has touched a high and low of Rs. 750.80 and Rs. 737.25 respectively. So far 250017 shares were traded on the counter. … Read more

RailTel Corporation soars on securing work order from RVNL

Railtel Corporation Of India is currently trading at Rs. 91.70, up by 2.10 points or 2.34% from its previous closing of Rs. 89.60 on the BSE. RailTel Corporation The scrip opened at Rs. 91.30 and has touched a high and low of Rs. 93.25 and Rs. 90.85 respectively. So far 113738 shares were traded on … Read more

Sensex up over 200 pts.

March 23, 2022, 10:36 am Mumbai, March 23 : The BSE Sensex on Wednesday advanced further by 209 points to open at 58,198.64 on brisk buying in Materials, Energy, Telecom and Realty stocks. The Nifty too rose 45.35 points at 17,360.85. The Sensex registered days high and low at 58,416.56 and 58,043.45 points respectively. The … Read more

Coforge earns Global Elite Distinction in Pega Partners Program

Coforge has earned the Global Elite distinction in the new Pega Partners Program. Coforge The Global Elite distinction is reserved for the top-performing partners with demonstrated capabilities in Pega technologies, engagement strategies, or vertical markets. Partners are thoroughly vetted by Pega to bring deep vertical knowledge and specialized expertise to clients. Specializations make it easier … Read more

HCL Technologies, NEORIS sign agreement for integrated IT services

HCL Technologies has signed a collaboration agreement with NEORIS, a leading global digital accelerator that co-creates disruptive solutions for digitally aspirational companies. The agreement will bring unique capabilities to clients in global markets, including the ability to increase application usage time, business management operations and integrated IT services. hcl technologies reports 7 rise in q2 … Read more

Ratnamani Metals & Tubes trades jubilantly on the bourses

Ratnamani Metals & Tubes is currently trading at Rs. 2461.30, up by 174.40 points or 7.63% from its previous closing of Rs. 2286.90 on the BSE. Ratnamani Metals Tubes The scrip opened at Rs. 2300.00 and has touched a high and low of Rs. 2489.50 and Rs. 2300.00 respectively. So far 6538 shares were traded … Read more

Fuel prices hiked for 2nd straight day

March 23, 2022, 8:55 am New Delhi, March 23 : The petrol and diesel prices were hiked by 80 paise per litre for the second straight day on Wednesday. The petrol in Delhi now costs Rs 97.01 per litre while diesel Rs 88.27 per litre, according to price notification of oil marketing companies. In Kolkata, … Read more

Indira IVF becomes the first speciality chain to attain 1 lakh successful IVF stories in a decade

Indira IVF Udaipur : Indira IVF, India’s leading chain of infertility treatment hospitals, has achieved 1,00,000 successful IVF stories. It is the first IVF single-specialty chain in the country to notch this milestone in a span of 10 years, stressing on the importance of sexual and reproductive health for all. The organisation has observed that among … Read more

RE capacity requirement seen at 75GW by 2030 as industry goes green: Report

March 22, 2022, 9:12 pm Mumbai, March 21 : Owing to the sustainability initiatives taken by the commercial and industrial players, the incremental capacity addition of renewable energy is estimated at around GW by 2030, ratings agency ICRA said. According to ICRA, the demand prospects for renewable energy capacity addition by the commercial and industrial … Read more

Sensex surges 696.81 points

March 22, 2022, 4:42 pm Mumbai, March 22 : The BSE Sensex on Tuesday bounced back by 696.81 points to close at 57,989.30 following gains in technology, IT and energy stocks. The Nifty of the National Stock Exchange (NSE) surged 197.90 points at 17,315.50. Despite high volatility, the equity market ended in the green as … Read more

CCEA nod to NEP extension for fertilizer units, hike MSP for jute

March 22, 2022, 3:35 pm New Delhi, March 22 : In a move aimed at achieving self-sufficiency in urea production, the Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved a proposal to extend New Investment Policy (NIP) 2012 for three ts of Hindustan Urvarak & Rasayan Limited (HURL). The government encourages private entrepreneurs to … Read more

Cabinet nod to NEP extension for fertilizer units, hike MSP for jute

March 22, 2022, 3:39 pm New Delhi, March 22 : In a move aimed at achieving self-sufficiency in urea production, the Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved a proposal to extend New Investment Policy (NIP) 2012 for three ts of Hindustan Urvarak & Rasayan Limited (HURL). The government encourages private entrepreneurs to … Read more

CBI arrests Chennai Port Trust official in Rs 45.40 cr FD pre-closure scam

March 22, 2022, 4:16 pm Chennai, Mar 22 : The Central Bureau of Investigation (CBI) today arrested an Assistant Superintendent of Chennai Port Trust (CPT) in an on-going investigation of a case related to Rs 45.40 crore bank fraud in which fixed deposits of (CPT were fore-closed/pre-closed fraudulently. The arrested accused was produced before the … Read more