Thursday, January 23, 2020
News
NEWS
BUSINESS

Piramal's Rs 3,650 cr rights issue oversubscribed
Mumbai | Thursday, 2020 1:45:05 AM IST
Piramal Enterprises on Wednesday said that its rights issue worth Rs 3,650 crore, which closed on Tuesday, has been over-subscribed by 1.14 times. ... read..


Cabinet nod for India-Brazil MoU on geology, mineral resources
New Delhi | Thursday, 2020 1:45:05 AM IST
The Union cabinet on Wednesday gave its approval for a memorandum of understanding (MoU) to be signed between India and Brazil on cooperation in the field of geology and mineral resources. ... read..


I-T searches on United Phosphorus premises
New Delhi | Thursday, 2020 1:15:05 AM IST
An income tax (I-T) officer has conducted searches on multi-national agro-chemical manufacturer United Phosphorus Limited (UPL), acting on complaints of tax evasion. ... read..


14 new flights planned for better air connectivity to Odisha
Bhubaneswar | Wednesday, 2020 11:45:05 PM IST
14 new flights are planned to several national and international destinations as Odisha Chief Minister Naveen Patnaik on Wednesday urged airline operators to improve connectivity with the coastal state. ... read..


Cabinet nod for India-Brazil MoU in oil and gas sector
New Delhi | Wednesday, 2020 11:45:05 PM IST
The Union cabinet on Wednesday approved the signing of a memorandum of understanding (MoU) between India and Brazil on cooperation in the field of oil and natural gas. ... read..


Budget may offer production incentives for fabless chip cos
New Delhi | Wednesday, 2020 11:15:05 PM IST
The Union Budget 2020 may unveil a scheme on production linked benefits to attract hi-tech manufacturing in semiconductors, and microprocessors to India, apart from giving tax incentives to solar electric charging infrastructure, computers, and servers fo ... read..


Sensex loses 208 points, Nifty ends at 12,106 (Lead)
Mumbai | Wednesday, 2020 11:15:05 PM IST
The Sensex fell for the third straight day on Wednesday as investors turned cautious ahead of the Union Budget. The bearish mood on Dalal Street was also on account of weaker-than-expected quarterly results. ... read..


IndiGo, SpiceJet, GoAir seek TDS relief for expat pilots
New Delhi | Wednesday, 2020 10:45:06 PM IST
Domestic carriers IndiGo, SpiceJet and GoAir have pitched for TDS (tax deducted at source) relief for expat pilots. ... read..


Samsung tops India refrigerator market with 33.9% share
New Delhi | Wednesday, 2020 10:45:06 PM IST
Samsung India on Wednesday said that it grabbed 33.9 per cent market share in the second half of 2019 (July-December period) to become the top refrigerator player in India and aims to secure 35 per cent market share in the first half of this year. ... read..


Canon India eyes healthcare imaging, security market
New Delhi | Wednesday, 2020 10:15:05 PM IST
After cementing its position across four key business verticals -- camera, home printers, office printers and commercial printing solutions -- Canon India is now ramping up its effort to tap the growing healthcare imaging and security surveillance market ... read..


CCEA approves closure of Hindustan Fluorocarbons Ltd
New Delhi | Wednesday, 2020 9:45:05 PM IST
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the closure of Hindustan Fluorocarbons Ltd (HFL), a Central Public Sector Enterprise (CPSE) under the Department of Chemicals and Petrochemicals. ... read..


Goa Cong to approach CBI over illegal mining lease renewals
Panaji | Wednesday, 2020 9:15:05 PM IST
With the Goa Chief Minister maintaining that the Lokayukta's report on illegal renewal of 88 mining leases in the coastal state in 2015 is "recommendatory" only, the state Congress on Wednesday said it will approach the CBI for a probe. ... read..


CM woos global investors, aims to help Karnataka rural economy
Davos/Bengaluru | Wednesday, 2020 9:15:05 PM IST
Showcasing Karnataka at the World Economic Forum (WEF) at Davos in Switzerland, Chief Minister B.S. Yediyurappa is eyeing global firms to create jobs through investment in the southern state, an official said on Wednesday. ... read..


Leverage the features of a Bajaj Finance FD to build your savings
| January 22, 2020 9:11:24 PM IST
Pune (Maharashtra) [India], Jan 22 (ANI/BusinessWire India): Savings are the product of good financial management and for you to have easy access to them while beating inflation, it's best to employ a reliable and rewarding vehicle such as a fixed deposit ... read..


Adani Capital acquires Essel Finance's MSME loan business
Mumbai | Wednesday, 2020 8:45:05 PM IST
Adani Capital Pvt Ltd, the NBFC arm of the Adani Group, has acquired Essel Finance's MSME loan business. ... read..


'Acquisition of Eaton Hydraulics good for Danfoss India unit'
Chennai | Wednesday, 2020 8:15:05 PM IST
The acquisition of power management company Eaton's Hydraulics business for $3.3 billion augurs well for Danish major Danfoss A/S not only globally but also for its Indian operations, said Danfoss officials. ... read..


India Ratings expects GDP growth of 5.5% for FY21
New Delhi | Wednesday, 2020 7:45:05 PM IST
India Ratings and Research on Wednesday said that it expects gross domestic product (GDP) to grow at 5.5 per cent in FY21. ... read..


AGR dues: DoT to give separate deadline for non-telcos
New Delhi | Wednesday, 2020 7:15:05 PM IST
The Department of Telecom will issue a separate deadline for AGR dues payment to the non-telecom companies (mostly PSUs) since the Supreme Court mandated timeline does not apply to them, official sources said. ... read..


Danfoss to double headcount at its Pune technology centre (Lead)
Chennai | Wednesday, 2020 7:15:05 PM IST
Danish company Danfoss A/S plans to double its headcount at its Indian software centre located in Pune, said a senior company official. ... read..


BSE to open for trade on Budget Day
Mumbai | Wednesday, 2020 6:45:05 PM IST
The BSE will be open for trading on February 1, on account of the Union Budget, even though it will be on a Saturday. ... read..


Denmark's Danfoss to source control valves from India
Chennai | Wednesday, 2020 6:45:05 PM IST
Danish company Danfoss A/S will be increasing its exports of power solutions products out of India by adding two control valve production at its Pune facility, said a senior official. ... read..


Somany supports new age marketing with innovation being the core of marketing
| January 22, 2020 6:41:23 PM IST
Noida (Uttar Pradesh) [India], Jan 22 (ANI/NewsVoir): Marketing today is no mean feat, with every brand vying for the attention of the much discerning, empowered and spoilt for choice consumer. ... read..


Adani Group aims to become world's largest solar power company by 2025
New Delhi | January 22, 2020 6:11:30 PM IST
Adani Group chairman Gautam Adani on Wednesday said his company's main goal is to become the world's largest solar power firm by 2025 and the world's largest renewable power company by 2030. ... read..


Axis Bank Q3 net profit up 5 pc to Rs 1,757 crore
Mumbai (Maharashtra) | January 22, 2020 6:11:25 PM IST
Private sector lender Axis Bank said on Wednesday its net profit rose by 5 per cent year-on-year in the third quarter of current fiscal year to Rs 1,757 crore on the back of higher net interest income. ... read..


Vodafone quits Facebook's Libra cryptocurrency project (Lead)
San Francisco | Wednesday, 2020 5:45:05 PM IST
Telecom major Vodafone has joined the list of top companies which have backed out from Facebook's controversial Libra cryptocurrency project. ... read..


Asian Paints Q3 profit jumps 20 pc y-o-y to Rs 764 crore
Mumbai (Maharashtra) | January 22, 2020 5:41:31 PM IST
Asian Paints on Wednesday reported a 20 per cent rise in its consolidated net profit at Rs 764 crore for the quarter ended December 31 as compared to Rs 636 crore in the corresponding quarter of previous fiscal. ... read..


Centre approves closure of loss-making Hindustan Fluorocarbons
New Delhi | January 22, 2020 5:41:21 PM IST
The Cabinet Committee on Economic Affairs on Wednesday approved the closure of Hindustan Fluorocarbons Ltd (HFL) and shutting down its operations to ward off future risks and liabilities. ... read..


Sensex drops by 208 points, metal and auto stocks drag
Mumbai (Maharashtra) | January 22, 2020 4:41:24 PM IST
Equity benchmark indices wiped out initial gains and closed in the red on Wednesday as investors assessed mixed Q3 corporate results and implications of spreading coronavirus in China and beyond. ... read..


System Professional launches the INESSENCE range with Soha Ali Khan
Business | January 22, 2020 4:11:25 PM IST
Mumbai (Maharashtra) [India], Jan 22 (ANI/NewsVoir): Leading luxury haircare brand - System Professional launched their new INESSENCE range inspired by the energy of nature and the power of science to reactivate the natural energy of hair. ... read..


Vodafone quits Facebook's Libra cryptocurrency project
San Francisco | Wednesday, 2020 3:45:05 PM IST
Vodafone has become the latest big player who have decided to quit Facebook's controversial Libra cryptocurrency project. ... read..


Markets open on a positive note on Wednesday morning
Mumbai | Wednesday, 2020 3:45:05 PM IST
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. ... read..


Intercell bags 'Top 50 Organizations in Education' Award
| January 22, 2020 3:41:32 PM IST
Gurugram (Haryana) [India] Jan 22 (ANI/BusinessWire India): Intercell, the world's first of its kind virtual mentor network has been recognized as one of the "Top 50 Organizations in Education" by Global Forum of Education and Learning (GFEL). ... read..


WEF2020: ASHA to lead India's contribution towards addressing global challenges
Business | January 22, 2020 3:41:31 PM IST
New Delhi [India], Jan 22 (ANI/NewsVoir): Motwani Jadeja Foundation, founded by entrepreneur, investor and philanthropist Asha Jadeja Motwani, has taken up a new initiative - ASHA at World Economic Forum 2020 to lead contribution of India towards addressi ... read..


Emerging markets have to manage finances, so they are not overexposed to change
Business | January 22, 2020 3:41:25 PM IST
Mumbai (Maharashtra) [India], Jan 22 (ANI/NewsVoir): CFA Society India, in collaboration with CFA Institute, the global association of investment professionals, hosted its tenth India Investment Conference in Mumbai with the theme of 'Preparing for a new ... read..


Gateway Distriparks clocks 190 pc growth in Q3 total income
Mumbai (Maharashtra) | January 22, 2020 3:41:18 PM IST
Logistics major Gateway Distriparks Ltd (GDL) on Wednesday reported consolidated total income of Rs 305 crore in the October to December quarter as against Rs 105 crore in the same period of last year, marking a growth of 190 per cent. ... read..


Businesses face digital ceiling in their transformation progress: Infosys
Davos | January 22, 2020 3:11:20 PM IST
Businesses globally face a digital ceiling when it comes to digital transformation, according to new research from Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys. ... read..


Edelweiss Finance & Investments announces public issue of secured redeemable NCDs of Rs 250 crore
Mumbai (Maharashtra) | January 22, 2020 2:41:22 PM IST
Edelweiss Finance and Investments Ltd (EFIL) on Wednesday announced the public issue of secured redeemable non-convertible debentures (NCDs) of a face value of Rs 1,000 each amounting to Rs 125 crore (base issue) with an option to retain over-subscription ... read..


ICICI Lombard gets regulatory nod to pilot 5 proposals under Sandbox Project
Mumbai (Maharashtra) | January 22, 2020 1:41:22 PM IST
ICICI Lombard said on Wednesday it has got the green signal to pilot five innovative applications and programmes in its health and motor portfolio under the Sandbox Project. ... read..


Kuvera.in announces launch of Digital Gold and Digital Gold SIP
Business | January 22, 2020 1:11:23 PM IST
Mumbai (Maharashtra) [India] Jan 22 (ANI/NewsVoir): India's fastest growing online investment advisory platform Kuvera, today announced the addition of 'Digital Gold' and 'Digital Gold SIP' - a convenient, secure and practical approach to diversifying one ... read..


Brace your bright medical future; counselling by maestro Gaurav Tyagi
Business | January 22, 2020 12:41:30 PM IST
Noida (Uttar Pradesh) [India], Jan 22 (ANI/NewsVoir): In today's competitive world, we all look for good career options, getting established in the respective fields and earning good to be able to afford a luxurious lifestyle has now days become a necessi ... read..


Marginal uptick in GDP for FY21 at 5.5 pc but downside risks remain: Ind-Ra
Mumbai (Maharashtra) | January 22, 2020 12:41:28 PM IST
India Ratings and Research (Ind-Ra) said on Wednesday it expects gross domestic product (GDP) to grow at 5.5 per cent year-on-year in the next financial year (FY 20-21) but added that downside risks persist. ... read..


Equity indices volatile, metal and auto stocks drag
Mumbai (Maharashtra) | January 22, 2020 12:41:22 PM IST
Equity benchmark indices erased morning gains on Wednesday due to profit booking as investors assessed the implications of spreading coronavirus in China and beyond. ... read..


Wall Street falls on coronavirus fears
New York | Wednesday, 2020 11:45:05 AM IST
Wall Street's three main stock indexes closed lower amid investors' concerns over a new coronavirus outbreak in the US. ... read..


SmartKarrot's customer and product success platform completes USD 1 million angel round
Business | January 22, 2020 11:41:28 AM IST
Bengaluru (Karnataka) [India] Jan 22 (ANI/PRNewswire): SmartKarrot announced the successful completion of USD 1 million angel round funding. Completed with the participation of several high net worth investors and promoters, the funding is first tasked wi ... read..


Indiamart reports Q3 revenues of Rs 165 crore, up by 23 pc
Noida (Uttar Pradesh) | January 22, 2020 11:41:23 AM IST
India's largest online business-to-business marketplace Indiamart Intermesh Ltd has reported consolidated total revenue from operations of Rs 165 crore in the third quarter of current fiscal year, marking a 23 per cent growth in the year-ago period. ... read..


Power2SME organises SME Transformation Camp in Bhiwadi
Business | January 22, 2020 11:41:20 AM IST
Bhiwadi (Rajasthan) [India] Jan 22 (ANI/NewsVoir): To further its outreach into the state of Rajasthan, Power2SME, the first 'buying club' for SMEs in India, collaborated with Bhiwadi Manufacturers Association (BMA), an industry body which represents the ... read..


HCL Technologies launches dedicated Microsoft business unit
Noida (Uttar Pradesh) | January 22, 2020 11:11:30 AM IST
HCL Technologies has launched a dedicated business unit that will extend Microsoft's offerings of business applications, Microsoft Dynamics 365, Microsoft Azure, Internet of Things (IoT), artificial intelligence and machine learning. ... read..


Olive by Embassy builds next-generation living community in India
Business | January 22, 2020 11:11:28 AM IST
Bengaluru (Karnataka) [India] Jan 22 (ANI/BusinessWire India): Embassy Group, India's leading real estate developer, today launched its newest asset class Olive by Embassy, the next-gen living community in India. ... read..


Equity indices move up marginally led by rally in IT, pharma stocks
Mumbai (Maharashtra) | January 22, 2020 10:41:23 AM IST
Equity benchmark indices ticked up during early hours on Wednesday tracking a bounce in Asian markets as China's response to a virus outbreak tempered fears of a global pandemic. ... read..


Slowdown to affect insurance sector in India: Moody's
New Delhi | Wednesday, 2020 4:45:05 AM IST
The slowing Indian economy will weigh on insurance premium growth over the next two-three years, Moody's Investor Service said on Tuesday but added that supportive measure taken by regulator IRDAI will help counterbalance the deteriorating economic enviro ... read..


Vehicle registrations down 15% in December: FADA
New Delhi | Wednesday, 2020 3:45:05 AM IST
Vehicle registrations in the country declined 15 per cent on a year-on-year basis to 16.06 lakh units after two months of positive growth, data from Federation of Automobile Dealers Associations (FADA) showed on Tuesday. ... read..


CBI books Frost Intl in Rs 4,000-cr fraud, raids 13 places (Lead)
New Delhi | Wednesday, 2020 3:45:05 AM IST
The Central Bureau of Investigation on Tuesday carried out searches at various locations in Mumbai and Uttar Pradesh after filing a case against Frost International Ltd, a Mumbai-based company involved in merchant trading and import and export of various ... read..


45% SMEs against Centre's right to seek customer, supplier data
New Delhi | Wednesday, 2020 3:15:05 AM IST
Around 45 per cent of small and medium enterprises (SMEs) and startups are opposed to the government's right to seek anonymised data of their customers and suppliers under the Personal Data Protection Bill, according to a survey by LocalCircles. ... read..


MRO players hope high from budget, expect level playing field
New Delhi | Wednesday, 2020 2:45:05 AM IST
Days ahead of the Union Budget, local maintenance, repair and overhaul (MRO) firms hope the government will provide level-playing field by bringing the taxes at par with neighbouring hubs such as Singapore, Dubai, Colombo and Kuala Lumpur. ... read..


Centre agrees to restart Aluminum Park in Odisha
Bhubaneswar | Wednesday, 2020 2:45:05 AM IST
The Centre has agreed to restart the project for the upgradation of infrastructure at the Angul Aluminum Park in Odisha, Union Petroleum Minister Dharmendra Pradhan announced on Tuesday. ... read..


DoT seeks AGR dues by Jan 23 as SC has not stayed Oct order
New Delhi | Wednesday, 2020 2:15:05 AM IST
The Department of Telecom will stick to the Supreme Court's original order of October 24 in which the apex court had asked the telecom companies to pay AGR dues by January 23. ... read..


More trouble for economy, direct tax collection in negative zone
New Delhi | Wednesday, 2020 1:45:05 AM IST
The bad run for the Indian economy continues with the latest victim being the government's direct tax kitty, where collections have now entered the negative zone for the very first time. ... read..


HCL launches dedicated Microsoft business unit
Noida | Wednesday, 2020 1:45:05 AM IST
HCL Technologies on Tuesday announced the launch of a dedicated HCL Microsoft Business Unit to help joint customers with digital transformation initiatives. ... read..


CBI books Frost Intl in Rs 4,000-cr fraud, raids various places
New Delhi | Wednesday, 2020 1:15:05 AM IST
The Central Bureau of Investigation on Tuesday carried out searches at various locations in Mumbai and Uttar Pradesh after filing a case against Frost International Ltd, a Mumbai-based company involved in merchant trading and import and export of various ... read..


National, Oriental, United Boards give nod for amalgamation
Chennai | Tuesday, 2020 10:15:05 PM IST
The Boards of three public sector general insurance companies - National Insurance Company, Oriental Insurance Company and United India Insurance Company - have formally given their nod for their amalgamation, as was announced by the central government ea ... read..


RBI cancels Vodafone m-pesa's certificate of authorisation
Mumbai | Tuesday, 2020 10:15:05 PM IST
The Reserve Bank of India on Tuesday cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa after its voluntary surrender of authorisation. ... read..


Davos: Create more jobs to help rural economy grow, Karnataka CM appeals to investors
| January 21, 2020 10:11:21 PM IST
Karnataka Chief Minister BS Yediyurappa has made a fervent appeal to investors at the World Economic Forum (WEF) at Davos to base their investments and industries in Karnataka keeping in view interest of farmers and to create more jobs. ... read..


Vodafone Idea stocks jumps 20% over SC relief
Mumbai | Tuesday, 2020 9:45:05 PM IST
Shares of Vodafone Idea on Tuesday jumped over 20 per cent on the BSE after the Supreme Court agreed to hear the modification plea filed by telecom operators on giving them more time to pay off Adjusted Gross Revenue (AGR) related dues. ... read..


Softbank infuses $103mn into IoT solutions company Skylo
Bengaluru | Tuesday, 2020 9:45:05 PM IST
Internet of Things (IoT) solutions company Skylo on Tuesday announced that it has received $103 million in Series B funding led by SoftBank Group. ... read..


'Liquor quota at duty-free shops to cause Rs 650 cr loss'
New Delhi | Tuesday, 2020 9:45:05 PM IST
An industry body representing private airport companies such as GMR and GVK on Tuesday said that the Commerce Ministry's proposed move to restrict purchase of liquor to one bottle and a complete ban on sale of cigarettes from duty-free shops would cause a ... read..


Rural demand is expected to recover gradually from March
New Delhi | Tuesday, 2020 9:15:05 PM IST
Rating agency Crisil said on Tuesday that it expects a recovery in rural demand in the country from March-April onwards owing to an increase in farm incomes, good monsoons and improving urban demand. ... read..


Normal ops at Mangluru airport day after bomb scare
Mangluru | Tuesday, 2020 8:15:05 PM IST
Operations at Mangluru International Airport (MIA) are normal, a day after security agencies detonated a bomb recovered from the airport in a controlled explosion, an official said on Tuesday. ... read..


Viacom18 to launch new subscription based streaming service
New Delhi | Tuesday, 2020 8:15:05 PM IST
Entertainment network Viacom18b will launch its second subscription-based streaming offering called Voot Select. ... read..


Defsys Solutions named Best SEZ MSME in Engineering category at EPCES Export Awards
| January 21, 2020 8:12:02 PM IST
New Delhi [India], Jan 21 (ANI/NewsVoir): Defsys Solutions, Gurgaon has announced that it has been named the Best SEZ MSME in the Engineering category at the EPCES Export Awards, held by Export Promotion Council for EOUs and SEZs. ... read..


Over 65.6 lakh GSTR-3B forms filed for December tax month till Jan 20
New Delhi | January 21, 2020 8:12:00 PM IST
The Goods and Services Tax Network (GSTN) on Tuesday said that a total of 65.65 lakh GST return forms (GSTR-3B) for the tax month of December have been filed till January 20. ... read..


'Bringing Elevators to Life' - Polo Elevator's unique marketing strategy revolutionising the market
| January 21, 2020 8:11:59 PM IST
New Delhi [India], Jan 21 (ANI/PRNewswire): Marketing a product has been a challenge for every brand unless the product is unique or revolutionary. ... read..


WEF2020: Indian education needs radical transformation - Rohit Gajbhiye
| January 21, 2020 8:11:56 PM IST
New Delhi [India], Jan 21 (ANI/NewsVoir): Voicing for the need of radical transformation in the Indian education system, Rohit Gajbhiye, Founder, FinancePeer, at World Economic Forum 2020, Davos, said India needs to address issues like quality higher educ ... read..


FinMin may push for Rs 30K cr interim dividend from RBI
New Delhi | Tuesday, 2020 7:15:05 PM IST
The Finance Ministry is likely to push for Rs 25,000-30,000 crore interim dividend from RBI, for the third time in a row, to check slippages in the fiscal deficit of 3.3 per cent in 2019-20. ... read..


Fitch: Supreme Court ruling negative for incumbent telcos
New Delhi | Tuesday, 2020 6:45:05 PM IST
Vodafone Idea Limited and Bharti Airtel Limited will be affected by the Supreme Court's rejection on January 17 of a review petition against its earlier ruling in a long-running telecom sector tax case, Fitch Ratings said on Tuesday. ... read..


Bharti AXA General gets IRDAI nod for regulatory Sandbox Project
New Delhi | Tuesday, 2020 6:45:05 PM IST
Leading private non-life insurer Bharti AXA General Insurance on Tuesday said it has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) for its two insurance proposals under the regulatory Sandbox project. ... read..


Telcos move SC seeking time to clear Rs 1.47 lakh cr dues
New Delhi | Tuesday, 2020 6:45:05 PM IST
The Supreme Court on Tuesday said a bench headed by Justice Arun Mishra will hear next week plea of telecom companies seeking a fresh schedule on the payment of dues nearly Rs 1.47 lakh crore to the Department of Telecommunications. ... read..


Granules India reports 10 pc rise in PAT for Q3
Hyderabad (Telangana) | January 21, 2020 6:41:36 PM IST
Granules India Ltd said on Tuesday reported a net profit of Rs 64 crore in the quarter ending December (Q3 FY20), rising over 10.3 per cent from Rs 58 crore in Q3 FY19. ... read..


Chitkara University leading an international Erasmus project against antibiotic resistance
| January 21, 2020 6:41:31 PM IST
Chandigarh (Punjab) [India], Jan 21 (ANI/NewsVoir): Chitkara University today announced that it is leading an international project named "Risk Management and Prevention of Antibiotic Resistance - PREVENT IT". ... read..


Bharti AXA General Insurance receives IRDAI nod for Health and Motor Insurance proposals under Sandbox project
| January 21, 2020 6:41:30 PM IST
New Delhi [India], Jan 21 (ANI/NewsVoir): Bharti AXA General Insurance, a joint venture between Bharti Enterprises, one of India's leading business groups, and AXA, one of the world's largest insurance companies, today said it has received approval from t ... read..


BEL commissions Real Time Information System for Railways
Bengaluru | Tuesday, 2020 6:15:05 PM IST
Bharat Electronics Ltd (BEL) has commissioned phase I information system to provide real-time train information to the Indian Railways and increase its operational efficiency, besides enhancing passenger safety, said the state-run company on Tuesday. ... read..


CEO pessimism over global growth reaches record high: PwC
Davos | January 21, 2020 6:11:18 PM IST
As we enter a new decade, chief executive officers are showing record levels of pessimism in the global economy with 53 per cent predicting a decline in the rate of economic growth in 2020. ... read..


ICICI Prudential Life Insurance's net profit crawls up 2 pc to Rs 302 crore
Mumbai (Maharashtra) | January 21, 2020 5:41:34 PM IST
ICICI Prudential Life Insurance on Tuesday posted a net profit at Rs 302 crore on standalone basis during the third quarter of current financial year (Q3 FY20), up 1.9 per cent from Rs 297 crore in the corresponding period of the previous year. ... read..


Equities slide as IMF trims growth forecast amid weak corporate earnings
Mumbai (Maharashtra) | January 21, 2020 5:11:31 PM IST
Equity benchmark indices traded lower on Tuesday amid a slew of weak corporate earnings while the International Monetary Fund (IMF) cut its growth forecast for global and Indian economies. ... read..


Keep Rolling Films will roll out quality content for newer platforms in 2020
| January 21, 2020 5:11:28 PM IST
New Delhi [India], Jan 21 (ANI/NewsVoir): Keep Rolling Films is all set to continue its winning streak in this new decade. ... read..


Narayana Health City performs Karnataka's youngest heart transplant
| January 21, 2020 5:11:24 PM IST
Bengaluru (Karnataka) [India], Jan 21 (ANI/NewsVoir): End-stage heart failure is one of the conditions mired with high mortality. ... read..


Sensex down 90 pts, Nifty below 12,200
Mumbai | Tuesday, 2020 4:15:05 PM IST
The benchmark Sensex opened lower on Tuesday after the International Monetary Fund (IMF) slashed India's 2019 growth estimates to 4.8 per cent from 6.1 per cent. ... read..


KPMG hopes for rationalisation of taxes, enhanced use of technology in compliance
New Delhi | January 21, 2020 3:41:32 PM IST
Professional services provider KPMG said on Tuesday the Union Budget 2020 may see a reduction in dividend distribution tax or bring about a change in the manner of dividend taxation in order to make it a shareholder-level tax. ... read..


Relief to consumers as fuel prices dip further on Tuesday
New Delhi | Tuesday, 2020 3:15:05 PM IST
In a major relief to the consumers, fuel prices were cut further on sixth consecutive day across all major cities on Tuesday. ... read..


Auto registrations plunge 15 pc in December on weak buyer sentiment: FADA
New Delhi | January 21, 2020 3:11:35 PM IST
Vehicle registrations across the country declined by 15 per cent in December year-on-year due to weak consumer sentiment despite deep discounts being offered by manufacturers, the Federation of Automobile Dealers Associations (FADA) said on Tuesday. ... read..


Slash GST on auto LPG, address policy issues stalling growth: Indian Auto LPG Coalition
New Delhi | January 21, 2020 2:11:32 PM IST
Industry body Indian Auto LPG Coalition on Tuesday sought reduction of Goods and Services Tax (GST) on auto liquefied petroleum gas (LPG) as well as on conversion kits for gaseous fuels as part of measures to promote the adoption of clean automotive fuels ... read..


Academician duo reinventing management education in Gujarat
| January 21, 2020 2:11:30 PM IST
Gujarat [India], Jan 21(ANI/Digpu): What makes Management Education so vitally attractive whether during the downturn or upturn of any economy on the planet; is its ability to infuse the necessary skills and tools in the psyche of the student and the futu ... read..


Huawei celebrates 71st Republic Day with exclusive range of exciting offers
Business | January 21, 2020 1:41:37 PM IST
New Delhi [India] Jan 21 (ANI/NewsVoir): Huawei consumer business Group, India, is all set to make the 71st Republic Day truly memorable for its consumers, with an array of offers on some of its bestselling devices. ... read..


Colive recognized as 'The Promising Brand' of the year by Economic Times
| January 21, 2020 1:41:36 PM IST
Bengaluru (Karnataka) [India] Jan 21 (ANI/NewsVoir): Colive, India's leading technology-enabled network of fully-managed rental homes has been conferred with the coveted 'The Promising Brand of the Year' award by Economic Times. ... read..


Dinesh Shahra Foundation conducts Gau Shakti Abhiyan in Nagpur
| January 21, 2020 1:41:31 PM IST
Nagpur (Maharashtra) [India] Jan 21 (ANI/Digpu): The Dinesh Shahra Foundation (DSF) recently conducted two cow health check-up camps in Wakeshwar and Kolar villages near Nagpur. The camps were organized as a part of the Gau Shakti Abhiyan programme of DSF ... read..


Hyderabad only Indian city in top 20 globally in home price appreciation: Knight Frank
Mumbai (Maharashtra) | January 21, 2020 1:11:19 PM IST
Knight Frank has featured Hyderabad as the only Indian city in top 20 among 150 global cities tracked, in terms of appreciation in residential real estate prices, standing at the 14th spot with a healthy 9 per cent year-on-year rise in home prices. ... read..


Srei Infra to consider raising up to Rs 3,000 crore on Feb 14
Kolkata (West Bengal) | January 21, 2020 12:41:27 PM IST
Asset finance and leasing company Srei Infrastructure Finance Ltd has scheduled a board meeting for February 14 to consider the issue of securities during the current financial year 2020-21. ... read..


Wagga Wagga offers cooking oil grown in non polluted environment
| January 21, 2020 12:41:25 PM IST
New Delhi [India], Jan 21 (ANI/NewsVoir): Nutritious food is not all about greens and fresh, but also ensuring that they are not contaminated with chemicals, similarly healthy cooking oil is not only about good and bad fats but also about the environment ... read..


HZL net profit dips by 27 pc to Rs 1,620 crore in challenging market environment
Mumbai (Maharashtra) | January 21, 2020 12:11:33 PM IST
Hindustan Zinc Ltd (HZL) posted 27 per cent decline in net profit during the third quarter of the current financial year (Q3 FY20) to Rs 1,620 crore against Rs 2,211 crore in the year-ago period. ... read..


Globally loved Hershey's chocolates now available across India
Business | January 21, 2020 11:41:21 AM IST
Mumbai (Maharashtra) [India] Jan 21 (ANI/PRNewswire): Hershey India Pvt Ltd, a part of the Hershey Company, a leader in global snacking and the largest producer of quality chocolates in North America, is set to roll out their much-loved range of indulgent ... read..


IIT Madras and XLRI Jamshedpur emerge victorious at Hero Campus Challenge - Season 5
Business | January 21, 2020 11:11:21 AM IST
New Delhi [India] Jan 21 (ANI/BusinessWire India): The fifth season of Hero Campus Challenge (HCC), an initiative by Hero MotoCorp, the world's largest two-wheeler manufacturer, concluded with Indian Institute of Technology (IIT), Madras and Xavier School ... read..


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