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Inox Leisure reports 42 pc growth in Q2 total revenue |
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Mumbai (Maharashtra) | October 23, 2019 4:11:40 PM IST |
| Multiplex chain Inox Leisure Ltd on Wednesday reported total revenue of Rs 524 crore in the July to September quarter, 42 per cent up from Rs 369 crore in the corresponding quarter of FY19. ... read.. |
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BharatPe wins Innovation in Digital Payments Award at MeitY |
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| October 23, 2019 4:11:37 PM IST |
| Pune (Maharashtra) [India] Oct 23 (ANI/NewsVoir): BharatPe, India's largest merchant fin-tech company has won the DigiDhan Mission Fin-tech Award 2018-2019 for 'Innovation in Digital Payments through Emerging Technology' at the MeitY Start-up Summit 2019 ... read.. |
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Equities remain range-bound, HCL Tech top gainer |
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Mumbai (Maharashtra) | October 23, 2019 4:11:34 PM IST |
| Equity indices remained range-bound in lacklustre trading on Wednesday amid weak global cues as investors awaited corporate results for the second fiscal quarter. ... read.. |
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Almond Branding is now India's Best Packaging Design Studio |
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| October 23, 2019 11:11:36 AM IST |
| Mumbai (Maharashtra) [India] Oct 23 (ANI/BusinessWire India): Almond Branding has won India's Best Design Studio Award 2019 for Packaging design. Initiated in 2015, 'India's Best Design Awards' are the first to recognize Design Studios for their professio ... read.. |
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Infosys shares plunge 15% on whistleblower letter |
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Mumbai | Wednesday, 2019 10:50:55 AM IST |
| Infosys shares opened with severe losses and plunged 15 per cent on Tuesday, following a whistleblower complaint alleging "unethical practices" by the companys Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy. ... read.. |
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Airtel fastest in downloads, Jio tops 4G availability |
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New Delhi | Wednesday, 2019 4:15:05 AM IST |
| Bharti Airtel has displayed fastest download speeds of 9.6 mbps and best video experience across all telecom circles in India, while Reliance Jio has extended its 4G availability to 97 per cent, according to OpenSignal's latest mobile network experience r ... read.. |
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Modi govt may announce Rabi MSP on Wednesday |
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New Delhi | Wednesday, 2019 4:15:05 AM IST |
| The Modi government is planning a big announcement for the farmers ahead of Diwali. The government can announce a hike in the minimum support price (MSP) of Rabi or winter crops on Wednesday. ... read.. |
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Railways install modern electronic system at Tundla |
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New Delhi | Wednesday, 2019 3:45:05 AM IST |
| In good news for rail passengers travelling from Howrah to Delhi, the Indian Railways has installed the most advanced electronic interlocking system at Tundla railway station, replacing the 65-year-old mechanical signalling system. This will help in reduc ... read.. |
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Sonowal for early revival of Indo-Bangla trade network |
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Guwahati | Wednesday, 2019 3:15:05 AM IST |
| Assam Chief Minister Sarbananda Sonowal has called for joint efforts to boost growth of India and Bangladesh through expeditious implementation of agreements inked for reviving the multi-model communication network ... read.. |
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Modi's new Mission Kashmir: Saffron revolution |
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New Delhi | Wednesday, 2019 3:15:05 AM IST |
| The Modi government is working on a mission mode to double the production of saffron in the Kashmir Valley, which is likely to change the fate of thousands of farmers engaged in the cultivation of this expensive spice, said agriculture scientists adding t ... read.. |
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HFCL's Q2 consolidated net profit up 32% |
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New Delhi | Wednesday, 2019 2:45:05 AM IST |
| Telecom equiptment and infrastructure developer HFCL (formerly Himachal Futuristic Communications Ltd) on Tuesday reported a 31.8 per cent rise in its consolidated net profit at Rs Rs 66 crore for the quarter ended September, on a year-on-year (YoY) basis ... read.. |
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CBRE launches foundation for CSR in India |
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New Delhi | Wednesday, 2019 2:15:05 AM IST |
| Real estate services and investment firm CBRE South Asia on Tuesday announced the launch of CBRE Cares, a foundation for corporate social responsibility (CSR). ... read.. |
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Odisha's revenue generation till September grows 8.10% |
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Bhubaneswar | Wednesday, 2019 2:15:05 AM IST |
| Odisha's revenue augmentation shows an upward trend by end of September in fiscal 2019-20, marking a growth rate of around 8.10 per cent over the corresponding period of last fiscal year, a senior official said on Tuesday. ... read.. |
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Rahul meets Concor union, slams divestment proposal |
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New Delhi | Wednesday, 2019 2:15:05 AM IST |
| Former Congress President Rahul Gandhi on Tuesday met the agitating staff union of the Container Corporation of India (Concor) who are protesting against the proposed disinvestment of the state-run company. ... read.. |
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PMC Bank despositors' woes mount as RBI Governor abroad |
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Mumbai | Wednesday, 2019 1:45:05 AM IST |
| The aggrieved depositors of the scam-hit Punjab & Maharashtra Cooperative Bank Ltd found no solution at a meeting with Reserve Bank of India (RBI) officials as the apex bank Governor Shaktikanta Das is currently touring abroad, representatives said here o ... read.. |
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Railways to spend Rs 18,000 cr to run trains at 160 kmph |
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New Delhi | Wednesday, 2019 1:45:05 AM IST |
| In a bid to increase the speed of the trains up to 160 kmph on the busy Delhi-Howrah and Delhi-Mumbai route, the Indian Railways will invest Rs 18000 crore on upgrading infrastructure. The remarks were made by Railway Board Chairman V. K. Yadav after inau ... read.. |
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110 international buyers to attend Goa travel mart |
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Panaji | Wednesday, 2019 1:45:05 AM IST |
| As many as 110 international buyers are expected to attend the third edition of the Goa International Travel Mart, which is scheduled to kick-off in the state capital on Wednesday, a Goa Tourism spokesperson said on Tuesday. ... read.. |
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BJP to gift Goa Congress prez Abhijit Banerjee's book |
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Panaji | Wednesday, 2019 1:45:05 AM IST |
| Even as several BJP leaders across India have criticised Nobel laureate Abhijit Banerjee for his 'left leaning' economics, Goa's Environment Minister Nilesh Cabral on Tuesday justified the BJP-led coalition government's spending on populist welfare scheme ... read.. |
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Tuhin Kanta Pandey appointed new DIPAM Secretary |
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New Delhi | Wednesday, 2019 1:15:05 AM IST |
| Tuhin Kanta Pandey, a 1987 batch IAS of the Odisha cadre has been appointed as the new Department of Investment and Public Asset Management (Dipam)Secretary, an official order said on Tuesday. ... read.. |
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AAP asks BJP to clarify on Delhi's 200-unit free power scheme |
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New Delhi | Tuesday, 2019 11:15:05 PM IST |
| Attacking the BJP for saying it will withdraw the scheme providing Delhi citizens free electricity up to 200 units, the ruling Aam Aadmi Party (AAP) on Tuesday asked the Bharatiya Janata Party (BJP) to clarify its stand on the existing free power scheme. ... read.. |
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Infosys logs worst fall in over 6 years, ends 17% lower (Lead) |
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Mumbai | Tuesday, 2019 10:45:05 PM IST |
| IT major Infosys saw its worst day on the bourses in over six years on Tuesday as investors pulled out their funds over recent corporate governance issues. Its scrips settled nearly 17 per cent lower despite assurances from the company top brass. ... read.. |
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After IRCTC, DIPAM sets sight on IPOs of IRFC, RailTel |
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New Delhi | Tuesday, 2019 10:45:05 PM IST |
| The disinvestment department is hopeful of completing the listing of two rail PSUs, including the Indian Railway Finance Corporation (IRFC), in the current fiscal after the successful listing of IRCTC. ... read.. |
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DoT prepares Rs 74,000 cr revival plan for BSNL, MTNL |
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New Delhi | Tuesday, 2019 9:45:05 PM IST |
| The DoT will send a proposal to the cabinet for a revival plan worth Rs 74,000 crore for the ailing state-run telecom firms - BSNL and MTNL - where Rs 22,000 crore would be in the way of capital infusion for acquiring 4G spectrum, and for a voluntary reti ... read.. |
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Nandan Nilekani steps in to soothe Infosys investors (Lead) |
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Mumbai | Tuesday, 2019 6:45:05 PM IST |
| In an attempt to soothe investor sentiments, Infosys Chairman Nandan Nilekani on Tuesday assured investigations to the "fullest extent" into allegations of unethical practices against its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Offi ... read.. |
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Axis Bank reports Q2 loss of Rs 112 crore due to one-time tax impact |
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Mumbai (Maharashtra) | October 22, 2019 6:11:38 PM IST |
| Private lender Axis Bank on Tuesday reported a net loss of Rs 112 crore on a for the second quarter of current fiscal due to a one-time tax impact compared to a net profit of Rs 790 crore in the corresponding July to September quarter of previous fiscal. ... read.. |
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Infosys techies complaints before audit committee: Nilekani |
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Bengaluru | Tuesday, 2019 5:45:05 PM IST |
| Infosys techies complaints flagging unethical business practices by Infosys Chief Executive Salil Parekh and Chief Financial Officer Nilanjan Roy have been placed before an Audit Committee, said Infosys chairman Nandan Nilekani in a statement on Tuesday. ... read.. |
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Infosys shares plunge 16% on whistleblower letter |
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Mumbai | Tuesday, 2019 5:15:05 PM IST |
| Infosys shares opened with severe losses and plunged 15 per cent on Tuesday, following a whistleblower complaint alleging "unethical practices" by the companys Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy. ... read.. |
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Infosys must act with urgency: Experts as stock tank |
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New York | Tuesday, 2019 5:15:05 PM IST |
| As Infosys (NYSE: INFY) reels from the onslaught of a whistleblower complaint alleging "unethical practices" by the companys Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy, crisis communications experts are recom ... read.. |
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Banking ops affected due to bankers strike |
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Chennai | Tuesday, 2019 4:45:05 PM IST |
| Nearly 3,00,000 bankers in public and private sector banks refused work on Tuesday across the nation protesting merger of 10 government banks into four, affecting normal banking operations, claimed All India Bank Employees' Union (AIBEA). ... read.. |
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Jubilant FoodWorks reports 12 pc revenue growth in Q2 |
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Noida (Uttar Pradesh) | October 22, 2019 4:41:36 PM IST |
| Food services major Jubilant FoodWorks, which operates Domino's Pizza and Dunkin' Donuts chain in India, on Tuesday reported operating revenues for the second quarter of current fiscal at Rs 988 crore, marking a growth of 12 per cent over Q2 FY19. ... read.. |
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Singh bros ran 7 shady firms to defraud RFL (IANS Exclusive-3) |
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New Delhi | Tuesday, 2019 3:15:05 PM IST |
| The Economic Offences Wing FIR against the Singh Brothers in the Religare Group fraud case shows their chicanery and duplicity. It points out to how Modland, Platinum, Prius and ANR -- entities controlled by Shivinder Mohan Singh (SMS) and Malvinder Mohan ... read.. |
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Bajaj Finance Q2 profit moves up 63 pc to Rs 1,506 crore |
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Mumbai (Maharashtra) | October 22, 2019 3:11:39 PM IST |
| Bajaj Finance said on Tuesday that its consolidated profit after tax jumped 63 per cent to Rs 1,506 crore during the July to September quarter from Rs 923 crore in the same period of the previous year. ... read.. |
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Social media regulations to be ready by Jan 2020: Centre to SC |
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New Delhi | Tuesday, 2019 10:50:53 AM IST |
| The Centre on Monday informed the Supreme Court that the entire process of finalising the laws on regulating social media will be completed by January 2020, while seeking three months more time for notifying the final revised rules in accordance with law. ... read.. |
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SC issues NBWs against Managing Directors of 32 companies |
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New Delhi | Tuesday, 2019 10:50:53 AM IST |
| The Supreme Court has issued non-bailable warrants against Managing Directors of 32 Mumbai-based companies after they failed to deposit a penalty of Rs 5 lakh each as ordered by the apex court in October 2016. ... read.. |
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Conventional markets hit by e-commerce companies |
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Agra | Tuesday, 2019 10:50:53 AM IST |
| E-commerce companies are buying and selling goods on the Internet and are expanding their footprints everyday. This has impacted the business of local markets in a big way. Even during the festival season, most of the local markets here continue to look d ... read.. |
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Confusion around eligibility for lower MAT, clarity sought |
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New Delhi | Tuesday, 2019 4:45:05 AM IST |
| Even after a month of the government announcing a slash in corporate tax through an ordinance, confusion remains around the definition of manufacturer and business activities that would qualify for concessional minimum alternate tax (MAT) of 15 per cent. ... read.. |
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Raj CM to take action for delay in Kalisindh Power Project |
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Jaipur | Tuesday, 2019 4:45:05 AM IST |
| The Rajasthan government on Monday approved the proposal for increasing the cost of Kalisindh Thermal Power Project (Unit 1 and 2) in Jhalawar district from Rs 9,479.51 crore to Rs 9,680.03 crore and issued directions to take action against officers and f ... read.. |
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Railways to carry Amazon consignments for 3 months |
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New Delhi | Tuesday, 2019 4:15:05 AM IST |
| In a bid to increase revenue through the non-fare sources, the railways has decided to allow carriage to goods of e-commerce giant Amazon on a pilot basis for three months during the non-peak hours, officials said on Monday. ... read.. |
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Infosys shares may slip on Tuesday, say analysts |
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Mumbai | Tuesday, 2019 3:45:05 AM IST |
| Infosys shares might open with heavy losses on Tuesday, after a letter by anonymous employees surfaced, accusing its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for several quarters. ... read.. |
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It is just good work, I'm happy: Abhijit Banerjees mother |
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Kolkata | Tuesday, 2019 3:45:05 AM IST |
| Waiting eagerly for her son to come home after winning the Nobel, Economist Abhijit Vinayak Banerjee's mother says it is his late father's rationality and sobriety which has rubbed off on his son making him so balanced and matured in handling criticism as ... read.. |
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Swiss VP meets Goyal to discuss ways to modernise railways |
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New Delhi | Tuesday, 2019 3:15:05 AM IST |
| Switzerland Vice President Simonetta Sommaruga on Monday called on Union Railway and Commerce Minister Piyush Goyal to discuss ways to boost cooperation between the two nations and to modernise railways. Sommaruga met Piyush Goyal in the rail bhawan here ... read.. |
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Infosys CEO mocks 2 directors as 'Madrasis', recall techies |
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Bengaluru | Tuesday, 2019 3:15:05 AM IST |
| Infosys Chief Executive Officer (CEO) Salil Parkih, who turned the fortunes of the global software vendor, is learnt to have mocked two independent directors of the company as "Madrasis", said unnamed ethical employees in a letter to the board. ... read.. |
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BSNL revival plan expected in a month: Chairman |
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New Delhi | Tuesday, 2019 3:15:05 AM IST |
| The government's plan on reviving telecom company BSNL is expected to be in the public domain within a month and 4G spectrum will be allocated to the firm by the end of this year, BSNL Chairman and MD P.K. Purwar said on Monday. ... read.. |
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Broad contours of Indo-US trade deal resolved: Goyal |
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New Delhi | Tuesday, 2019 2:45:05 AM IST |
| Hinting at an early announcement of the first set of agreements under the proposed India-US trade deal, Union Commerce Minister Piyush Goyal on Monday said that India and the US have resolved the broad contours of the proposed agreement. ... read.. |
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BSNL partners YuppTV for video streaming service |
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New Delhi | Tuesday, 2019 2:45:05 AM IST |
| State-run Bharat Sanchar Nigam Ltd (BSNL) and over-the-top (OTT) content platform YuppTV on Monday signed a memorandum of understanding to offer bundled video content to broadband subscribers of the telecom operator to take on rivals Jio and Airtel. ... read.. |
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Start-ups to get access to GeM portal for selling products |
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New Delhi | Tuesday, 2019 2:15:05 AM IST |
| The Ministry of Electronics and Information and Technnology (Meity) will scale up the availability of products and services of start-ups on GeM or Government eMarketplace platform where ministries, PSUs and departments can be prospective buyers. ... read.. |
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Franchisees to offer choice of suppliers to power consumers |
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New Delhi | Tuesday, 2019 1:45:05 AM IST |
| Unable to introduce amendments to Electricity Act, 2003 due to lack of concensus among states, the Centre has decided to push through next big reform in the power sector - to allow consumers to choose their electricity suppliers offering the lowest tariff ... read.. |
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Banking operations to be hit on Tuesday due to strike |
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Chennai | Monday, 2019 11:15:05 PM IST |
| Banking operations across the country will be affected on Tuesday as about 3.5 lakh bank employees will be on strike to protest mergers of government banks, said a top leader of All India Bank Employees' Association (AIBEA). ... read.. |
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Indo-US energy trade to touch $10 billion in FY20: Pradhan |
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New Delhi | Monday, 2019 9:45:05 PM IST |
| India's energy trade with the US is likely to touch $10 billion in financial year 2019-20, with the country having increased its import of crude oil, LNG and coking coal, said Union Petroleum Minister Dharmendra Pradhan on Monday. ... read.. |
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Facebook alerts people to vote on Maha, Haryana poll day |
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New Delhi | Monday, 2019 4:15:05 PM IST |
| Facebook on Monday activated its election notification feature for India, requesting people to go out and vote for their candidates in the Maharashtra and Haryana Assembly polls and post that they have voted. ... read.. |
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Goa beach village bans migrants from running businesses |
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Panaji | Monday, 2019 3:45:05 PM IST |
| Residents of a beach village in South Goa, formally resolved to ban migrants from traditional and tourism-centric businesses in the village jurisdiction citing lack of business opportunities for local youth and law and order issues. ... read.. |
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