Sunday, October 25, 2020

Tata Motors reaches 4 mn passenger vehicle production milestone
Mumbai | Sunday, 2020 4:45:05 AM IST
Automobile major Tata Motors has achieved the production milestone of 4 million passenger vehicles in India since its inception. ... read..

Refuel demand to attract private investments and employment creation: PHD Chamber
New Delhi | Sunday, 2020 2:15:06 AM IST
India's healthy debt to GDP ratio has created scope for raising investment funding for 'National Infrastructure Pipeline' through borrowings from overseas markets. ... read..

'IBC raised confidence of all investors in Indian economy'
New Delhi | Sunday, 2020 2:15:06 AM IST
The Insolvency and Bankruptcy Code (IBC) has not only strengthened the banking system by helping them resolve outstanding debt piled over years but has also come as a big booster of confidence of national and foreign investors in the Indian economy, a sen ... read..

Govt extends GST return filing deadline by another 2 months
New Delhi | Sunday, 2020 1:45:06 AM IST
The Centre has given more time to taxpayers in yet another compliance measure as it extended the due date to file GSTR-9 and GSTR 9C for 2018-19 by two more months on Saturday. ... read..

Centre procured over Rs 59-cr Kharif crops till Oct 23
New Delhi | Sunday, 2020 1:15:06 AM IST
The Central government has procured Kharif crops having Minimum Support Price (MSP) valued around Rs 59 crore this year so far, the Agriculture Ministry said on Saturday. ... read..

Karnataka HC restrains Franklin Templeton to wind up schemes without investors' consent (Lead)
Bengaluru | Saturday, 2020 10:15:06 PM IST
In a major victory for investors, the High Court of Karnataka on Saturday restrained Franklin Templeton (FT) India's decision from winding up its six debt schemes without obtaining the consent of unitholders. ... read..

Adidas hosts 'Sneakers Day' to celebrate India's growing sneaker culture
New Delhi | Saturday, 2020 9:45:05 PM IST
Global sportswear giant, Adidas continues to invest in India by bringing global stories and curating meaningful experiences for the consumers. As an addition to this, Adidas extends an opportunity for its customers to celebrate the growing sneaker culture ... read..

Centre extends deadline of filing tax returns to Dec 31
New Delhi | Saturday, 2020 9:15:06 PM IST
In a major relief to taxpayers, the Government on Saturday announced extension of the due date for filing income tax returns for the assessment 2020-21 by another month to December 31, 2020. ... read..

Weak demand from power sector pushes up CIL's e-auction of coal
New Delhi | Saturday, 2020 8:15:05 PM IST
With weak demand from the power sector in the wake of Covid-19 disruptions, the country's largest coal producer Coal India Ltd shifted its attention to the non-power sector to see around six-fold increase in the sales of the dry fuel. ... read..

Relief to borrowers on loans not repaid during 6-month moratorium
New Delhi | Saturday, 2020 7:45:06 PM IST
After announcing a host of demand generating initiatives earlier this month, the government has now approved a new scheme for ex gratia payment to borrowers that will reimburse differential between compound and simple interests for the six-month loan mora ... read..

Karnataka HC restrains Franklin Templeton to wind up schemes without investors' consent
Bengaluru | Saturday, 2020 7:15:07 PM IST
In a major victory for investors, the High Court of Karnataka today restrained Franklin Templeton (FT) India's decision from winding up its six debt schemes without obtaining the consent of unitholders. ... read..

Thums Up for Coke India as brand inches towards pre-Covid offtake levels
New Delhi | Saturday, 2020 6:45:06 PM IST
Beverages major Coca-Cola India continues to see improvement in operations along with offtake on the back of accelerated demand for its leading offering Thums Up. ... read..

Steady oil prices holds up any reversion in petrol diesel prices
New Delhi | Saturday, 2020 5:45:05 PM IST
The pump prices of auto fuels petrol and diesel remained unchanged on Saturday as softer global crude and product prices prevented oil marketing companies from carrying out any revision in prices. ... read..

Hopeful of quick revival of India's aviation sector: Airbus South Asia President (IANS Special)
New Delhi | Saturday, 2020 5:45:05 PM IST
Strong local fundamentals will aide the revival of India's aviation sector, believes Airbus South Asia President, Remi Maillard. ... read..

Despite pandemic IL&FS expects to address over Rs 50K cr debt in FY21
New Delhi | Saturday, 2020 5:15:05 PM IST
IL&FS Board is hopeful that it will be able to address the targetted debt of over Rs 50,000 crore in the current financial year despite the impact of the pandemic. ... read..

World diamond & textile capital hosts biggest virtual property show: CREDAI-Surat Virtual Property Fest 2020
Business | October 24, 2020 3:12:41 PM IST
Surat (Gujarat) [India], October 24 (ANI/PNN): 'Confederation of Real Estate Developers Associations of India' (CREDAI) Surat Chapter, in wake of Covid-19 Pandemic has planned to host its annual real estate exhibition online virtually this year. Named as ... read..

Digicomm, the leading digital marketing firm records a whopping growth of over 300 percent in Q2
Business | October 24, 2020 2:12:21 PM IST
New Delhi [India], October 24 (ANI/NewsVoir): NCR based digital marketing agency, Digicomm Marketing Services LLP, has recorded a whopping growth of over 300 per cent in its gross revenue for Q2 of FY 20-21. The stupendous jump has come up majorly because ... read..

The first app to celebrate Indian festivals 'Celebr8'
| October 24, 2020 12:12:25 PM IST
New Delhi [India] October 24 (ANI/PRNewswire): announced the launch of the first app in India that will allow users to enjoy this festive season with an innovative and immersive way of celebration through visual experiences with Celebr8. ... read..

Prudent Corporate announces appointment of Karan Datta and Deepak Sood as independent directors
Business | October 24, 2020 10:42:30 AM IST
Ahmedabad (Gujarat) [India], October 24 (ANI/BusinessWire India): Prudent Corporate, one of India's fastest growing Group in financial services, today announced the appointment of Karan Datta and Deepak Sood as Independent Directors. With this appointment ... read..

PVR Cinemas welcomes back movie lovers with film festivals, food, and unlimited fun
| October 24, 2020 10:42:28 AM IST
New Delhi [India] October 24 (ANI/PRNewswire): PVR Cinemas, the largest and the most premium film exhibition company added cheer to the festive season in 2020, screening critically acclaimed Hollywood movies for its patrons across select PVR theaters in f ... read..

Bronchiofly, an ayurvedic cough syrup from Butterfly Ayurveda helps with respiratory health and protection
| October 24, 2020 10:42:27 AM IST
Gurugram (Haryana) [India] October 24 (ANI/PRNewswire): One of India's leading Ayurvedic medicine developers, Butterfly Ayurveda, recommends people to take care of their respiratory health with Ayurveda and stay prepared for the ongoing fall and upcoming ... read..

Cyberattack on Dr Reddy's Labs sharp reminder to strengthen digital infrastructure: Analysts
New Delhi | Saturday, 2020 6:15:06 AM IST
The cyberattack on Dr Reddy's Labs came as a sharp reminder to strengthen its digital infrastructure and tighten cyber security control measures, according to analysts. ... read..

PM Modi to interact with CEOs of global oil and gas companies
New Delhi | Saturday, 2020 6:15:06 AM IST
Prime Minister Narendra Modi will interact with CEOs of leading global oil and gas companies on Monday in the annual roundtable event organised by NITI Aayog and Ministry of Petroleum and Natural Gas. ... read..

Parliamentary panel calls telcos, TRAI to discuss 5G preparedness
New Delhi | Saturday, 2020 5:15:06 AM IST
The Parliamentary Standing Committee on Information Technology will review India's preparedness for 5G technology in telecom on Tuesday. ... read..

Urgent need to rationalise weights under retail inflation: Report
New Delhi | Saturday, 2020 4:45:06 AM IST
There is an urgent need to rationalise the weights under retail inflation, a SBI Ecowrap report said on Friday. ... read..

KTR calls for empowering states to boost country's growth
Hyderabad | Saturday, 2020 4:45:06 AM IST
Telangana's Industry and Information Technology Minister K.T. Rama Rao on Friday called for empowering the states to boost the country's growth. ... read..

Punjab allows industry in agricultural, mixed-use areas
Chandigarh | Saturday, 2020 4:45:06 AM IST
To further boost industrial development and investment in Punjab, Chief Minister Amarinder Singh on Friday took a slew of important decisions, including allowing industry in agricultural and mixed-use areas, subject to certain conditions, besides reductio ... read..

NTPC allowed to use drones at select plants
New Delhi | Saturday, 2020 4:15:06 AM IST
The Centre has granted conditional exemption to power generation major NTPC for the deployment of drones to carry out research and inspection activities at some of its plants. ... read..

Telangana to strengthen Agriculture Dept with Marketing Division
Hyderabad | Saturday, 2020 4:15:06 AM IST
The Telangana government on Friday decided to strengthen the Agriculture Department by creating two divisions, one to take care of irrigation, power, fertiliser and seeds, and the second to focus on marketing. ... read..

Nestle India's Jul-Sep net profit falls 1.4%, revenue rises
Mumbai | Saturday, 2020 3:15:06 AM IST
Nestle India on Friday reported 1.37 per cent decline in its net profit, on a year-on-year basis, for the July-September quarter, at Rs 587.09 crore. ... read..

India's foreign exchange reserves rises by $3.615 bn
Mumbai | Saturday, 2020 3:15:06 AM IST
India's foreign exchange reserves rose $3.615 billion during the week ended October 16. ... read..

Yes Bank logs net profit of Rs 129 cr in Jul-Sep quarter
Mumbai | Saturday, 2020 3:15:06 AM IST
Yes Bank on Friday reported a net profit of Rs 129 crore for the July-September quarter. ... read..

Biocon's regulatory affairs official fined for insider trading
Mumbai | Saturday, 2020 3:15:06 AM IST
The Securities and Exchange Board of India (SEBI) has found an employee of Biocon Ltd guilty of violating norms prohibiting insider trading. ... read..

Hopes of healthy festive sales season lifts market, auto stocks rise (Roundup)
New Delhi | Saturday, 2020 3:15:06 AM IST
Expectations of healthy festive sales season, along with those for a stimulus package, lifted the Indian equity markets on Friday. ... read..

Indian housing market expected to show resilience: Report
New Delhi | Saturday, 2020 2:45:06 AM IST
While the coronavirus pandemic has severely hit the real estate sector, the Indian housing market is likely to show resilience in the coming months, according to a survey by 360 Realtors. ... read..

Government imposes stock limit on onion to moderate prices
New Delhi | Saturday, 2020 2:15:06 AM IST
Against the backdrop of the price rise observed since the second week of September, the Central government on Friday imposed a stock limit on onion with immediate effect to moderate its prices and availability in the retail market. ... read..

SBI Card's bad loans surge amid pandemic
Mumbai | Saturday, 2020 1:45:05 AM IST
Amid financial stress among borrowers in view of the ongoing coronavirus pandemic, SBI Cards and Payments reported a rise in its gross non-performing assets (NPA) during the quarter ended September. ... read..

Transmission of past policy actions to help ease financial conditions, RBI Guv said in MPC meet
New Delhi | Saturday, 2020 1:15:06 AM IST
The ongoing transmission of past monetary policy actions would help ease financial conditions further, RBI Governor Shaktikanta Das had said during the previous monetary policy committee meet. ... read..

Centre borrows, transfers Rs 6,000 cr to 16 states for GST compensation
New Delhi | Saturday, 2020 1:15:06 AM IST
The Central government on Friday said that it borrowed and transferred Rs 6,000 crore as first tranche to 16 states on account of GST compensation under the special borrowing window. ... read..

RBI Central Board takes stock of the economy
Mumbai | Friday, 2020 11:45:06 PM IST
The Central Board of the Reserve Bank of India (RBI) on Friday reviewed the current economic situation, continued global and domestic challenges and various areas of operations of the bank. ... read..

TCS, Wipro set the tone as cash-rich cos announce Rs 27,558 cr of buybacks
New Delhi | Friday, 2020 11:45:06 PM IST
Buybacks are seeing a strong trend with cash-rich companies, led by IT giants TCS and Wipro, announce buybacks worth Rs 27,588 crore to reward shareholders by returning excess cash on the balance sheets. ... read..

FIDC urges RBI to allow NBFCs avail 'On-Tap TLTRO' scheme
Mumbai | Friday, 2020 10:45:06 PM IST
The Finance Industry Development Council (FIDC) has urged Reserve Bank of India Governor Shaktikanta Das to bring NBFCs under the ambit of the "On-Tap Targeted Long-term Repo Operations" (TLTRO) and allow them to benefit from the scheme. ... read..

AISAM likely to take key decisions on Air India divestment on Saturday
New Delhi | Friday, 2020 10:15:06 PM IST
The Centre's top group of ministers looking into Air India divestment is slated to meet on Saturday with the agenda ranging from extending the process to allowing greater debt re-structuring. ... read..

'Delhi Metro-SBI Card' a credit-cum-smart card launched
New Delhi | Friday, 2020 9:45:06 PM IST
The Delhi Metro Rail Corporation (DMRC) in association with the SBI Card, on Friday launched the 'Delhi Metro-SBI Card', a multipurpose credit card for the benefit of the Delhi Metro commuters. ... read..

WE Hub selects 89 start-ups for second cohort of 'Her&Now' programme
Hyderabad | Friday, 2020 9:15:06 PM IST
WE Hub, India's first state-led incubator to foster and promote women entrepreneurship, on Friday announced the selection of 89 start-ups for the second cohort of the 'Her&Now' programme. ... read..

Vivifi India aims to expand credit reach with FlexPay
New Delhi | Friday, 2020 8:45:06 PM IST
Vivifi India Finance expects to deepen its credit reach with the recently launched FlexPay and aims to bring credit access to those provided credit by banks and other large finance institutions. ... read..

Airtel Africa's Jul-Sep net profit down 8.8%
New Delhi | Friday, 2020 8:45:06 PM IST
Airtel Africa on Friday reported a fall of 8.8 per cent in its net profit on a year on year (YoY) basis at $88 million for the quarter ended September. ... read..

Power PPAs cannot be terminated during insolvency process
New Delhi | Friday, 2020 8:15:06 PM IST
In a breather for bankrupt power generation companies, an insolvency tribunal has ruled that going concern status of such companies have to be maintained during the entire resolution process. ... read..

Aditya Birla Fashion shares up 14% after Flipkart stake announcement
Mumbai | Friday, 2020 7:45:06 PM IST
Shares of Aditya Birla Fashion and Retail surged over 14 per cent on Friday afternoon after the company announced that Flipkart Investments Pvt Ltd will invest Rs 1,500 crore to pick up a stake of 7.8 per cent in the former. ... read..

LetsUp gets into regional OTT space with Letsflix, starting with Marathi
| October 23, 2020 7:42:30 PM IST
Mumbai (Maharashtra) [India], Oct 23 (ANI/BusinessWire India): Narendra Firodia and Rahul Narvekar come together to launch a Regional language OTT platform called Letsflix. Starting with Marathi, Letsflix will soon launch other languages. This will be on ... read..

Publication of bestselling author Anubhav Agrawal's Why Not Me? A Feeling of Millions, the sensational story of heartbreak and healing, now available to pre-order in print for the first time
| October 23, 2020 7:42:28 PM IST
New Delhi [India], Oct 23, (ANI/PRNewswire): This November, it's all about learning to love one's self again. HarperCollins Publishers India is thrilled to bring the much-anticipated true story Why Not Me? A Feeling of Millions by the new bestselling writ ... read..

No change in petrol and diesel prices
New Delhi | Friday, 2020 7:15:06 PM IST
Retail prices of petrol and diesel remained unchanged on Friday as softer global crude and product prices prevented Indian oil marketing companies from carrying out any revision in prices. ... read..

US trade embargo causes $144bn losses for Cuban economy
Havana | Friday, 2020 6:15:06 PM IST
The US trade embargo against Cuba has caused more than $144 billion in losses for the island nation's economy in the past six decades, Foreign Affairs Minister Bruno Rodriguez said. ... read..

KOOKU announces the launch of KOOKU PREMIUM with a thrilling web show CHITTHI
| October 23, 2020 6:12:24 PM IST
New Delhi [India], Oct 23 (ANI/Mediawire): Overwhelmed by our ever-increasing users and viewers, KOOKU is proud to announce the launch of the premier segment, KOOKU PREMIUM. ... read..

Flipkart to acquire 7.8% stake in Aditya Birla Fashion for Rs 1,500 Cr
Bengaluru | Friday, 2020 5:45:06 PM IST
Flipkart Investments will pick up 7.8 per cent stake in Aditya Birla Fashion and Retail Limited (ABFRL) with an investment of Rs 1,500 crore. ... read..

Sportz Village Underlines the Importance of Physical Activity During these Trying Times
| October 23, 2020 5:42:34 PM IST
Mumbai (Maharashtra) [India], Oct 23 (ANI/NewsVoir): With no end in sight to the school shutdowns, it is even more necessary than before to focus on the overall well-being and health of children. The children are under increasing pressure to outperform th ... read..

Mastercard Partners with Atlantis to Expand Digital First Program in India
| October 23, 2020 5:42:32 PM IST
Gurgaon (Haryana) [India], Oct 23 (ANI/NewsVoir): Addressing the growing demand for digital payment solutions for everything, from buying coffee to ordering groceries, Mastercard today in partnership with Atlantis announced the expansion of the Digital Fi ... read..

Walmart files pre-emptive lawsuit against US govt over opioid case
Washington | Friday, 2020 5:15:06 PM IST
American multinational retail corporation Walmart announced it has filed a pre-emptive lawsuit against the US government to thwart its "completely unjustified" attempt to hold the company legally accountable over opioid abuse across the country. ... read.. announces launch of Artificial Intelligence based learning and development products in India
| October 23, 2020 5:12:33 PM IST
New Delhi [India], Oct 23 (ANI/NewsVoir): Amidst the growing realty of hybrid workplaces emerging as the new normal,, a fast growing AI powered communication skills coaching company driven by data sciences and cloud computing today announced the ... read..

Pune to get First Advanced Technology Fertility Solution Centre - Oasis Fertility
| October 23, 2020 5:12:29 PM IST
Pune (Maharashtra) [India], Oct 23 (ANI/BusinessWire India): Dropping Fertility rates in Maharashtra is a concern now, in 2005 Maharashtra used to have a fertility rate of 2.8 which has gradually come down to 1.7 in 2020. ... read..

Exploring the Need for a Dedicated Platform for Sales Executives - Lead Experts
| October 23, 2020 5:12:23 PM IST
New Delhi [India], Oct 23 (ANI/BusinessWire India): The way businesses enable sales will never be the same again. The COVID-19 pandemic has enforced a harsh tradeoff between protecting lives and livelihoods and the need to stay indoors, maintain social di ... read..

Moonshot Conversation Invites another Global Guest - Andrew Newman
| October 23, 2020 5:12:22 PM IST
Mumbai (Maharashtra) [India], Oct 23 (ANI/NewsVoir): Moonshot Conversations, led by the Founders of Korroboree, Lina Ashar and Agnelorajesh Athaide, is quickly becoming the most talked about and the most favourite Facebook Live for parents across India. ... read..

Equity indices in green; auto, consumer durables rise
Mumbai | Friday, 2020 4:15:06 PM IST
The key Indian equity indices traded on a positive note on Friday with healthy buying in auto, consumer durables and telecom stocks. ... read..

Advantage Club launches exclusive Diwali gifting options for corporates
Business | October 23, 2020 2:42:27 PM IST
New Delhi [India], October 23 (ANI/NewsVoir): Advantage Club, India's most extensive reward loyalty program has come up with a special category of gifts and vouchers for corporates to choose from this Diwali. ... read..

'India is our biggest focus market'
| October 23, 2020 2:12:28 PM IST
Mumbai (Maharashtra) [India] October 23 (ANI/Mediawire): According to a Google-KMPG report, the Indian online gaming industry is expected to be worth USD 1.1 billion by 2021. With a projected user base of more than 628 million gamers, the Indian market ha ... read..

LIC raises stake to 5.27 per cent in IRB Infrastructure Developers Ltd
Business | October 23, 2020 2:12:22 PM IST
New Delhi [India], October 23 (ANI/NewsVoir): BSE and NSE listed IRB Infrastructure Developers Ltd (IRB) is India's leading and largest highway infrastructure developers, with an asset base of over Rs. 45,000 Crs. As per data available on BSE, Life Insura ... read..

Taneira by Titan launches its flagship store in Mumbai
| October 23, 2020 1:42:31 PM IST
Mumbai (Maharashtra) [India] October 23 (ANI/NewsVoir): Taneira, the youngest brand from the House of Titan, continues to expand its successful retail journey in India, launches its first flagship store in Mumbai. ... read..

Mumbai-based school student Karan Taparia's 'Kushal Bharat' initiative is empowering pandemic-stricken migrant workers to start their own businesses
Business | October 23, 2020 1:42:28 PM IST
Mumbai (Maharashtra) [India], October 23 (ANI/PRNewswire): The COVID-19 pandemic has brought the world to a standstill. Countries across the globe have been overwhelmed by an unending stream of unprecedented social, economic and humanitarian problems. In ... read..

DJ KSHMR releases flaming new song 'One More Round' for Garena Free Fire
Business | October 23, 2020 1:12:29 PM IST
Mumbai (Maharashtra) [India], October 23 (ANI/NewsVoir): Global sensation and award winning musician DJ KSHMR and Asian gaming company Garena's Free Fire announced an exclusive global partnership last month. ... read..

Coforge reports an industry-leading performance in Q2 FY'21
| October 23, 2020 12:12:32 PM IST
Noida (Uttar Pradesh) [India] October 23 (ANI/PRNewswire): Industry-leading sequential growth: ... read..

Mirchi gets talking about MXTakaTak Fame House
| October 23, 2020 12:12:31 PM IST
Mumbai (Maharashtra) [India] October 23 (ANI/Mediawire): What's new, trendy and addictive with the millennials? It is MX Player's short-format video app - MX TakaTak app which attracts over one billion + videos daily. ... read..

MARG ERP Limited awarded Guinness World Record holder; largest online business webinar broke all world records
| October 23, 2020 12:12:24 PM IST
New Delhi [India] October 23 (ANI/PRNewswire): MARG ERP has added one more feather in its cap by organizing the world's largest webinar on its platform, participated by 87,400 people successfully. ... read..

Karnataka to focus on 5 key sectors for job creation
Bengaluru | Friday, 2020 6:15:06 AM IST
With a view to increasing its share in the country's digital economy, Karnataka would focus on 5 key sectors for job creation and ease of doing business," state Industries Minister Jagadish Shettar said on Thursday. ... read..

Bulk tea companies may see material improvement in FY21: ICRA
New Delhi | Friday, 2020 4:45:06 AM IST
Bulk tea companies are expected to witness material improvement in FY21 over the previous year, on the back of rising domestic tea prices, ratings agency ICRA said on Thursday. ... read..

'Higher marriage age provides women socio-economic benefits'
New Delhi | Friday, 2020 4:45:06 AM IST
Higher marriage age is expected to provide enormous socio-economic benefits for women, SBI Ecowrap report said on Thursday. ... read..

Covid-hit developers dole out festive offers for home buyers
New Delhi | Friday, 2020 3:45:05 AM IST
As the pandemic and the lockdowns brought housing demand to a halt, festivities seemed just apt for real estate developers to attract buyer interest and sell off inventory. ... read..

Offer NRIs life insurance with currency flexibility: IFSCA panel
New Delhi | Friday, 2020 3:15:05 AM IST
The International Financial Services Centres Authority's (IFSCA) Expert Committee on international retail business development in the IFSC said that NRIs and PIOs should be allowed to buy portable life insurance policies which offers them flexibility to p ... read..

Air India pilots seek meeting with Civil Aviation Minister
New Delhi | Friday, 2020 3:15:05 AM IST
Air India pilots have sought a follow-up meeting with Civil Aviation Minister Hardeep Singh Puri to put forth the problems being faced by them. ... read..

BCFI moves to form self-regulatory organisation
New Delhi | Friday, 2020 3:15:05 AM IST
Encouraged by the Reserve Bank of India's invitation to set up self-regulatory organisations (SROs) for financial services and payments industry, the Board of Business Correspondent Federation of India (BCFI) has approved the formation of an SRO, subject ... read..

ROFR conditions for chartering of vessels amended, Indian flavour a must
New Delhi | Friday, 2020 3:15:05 AM IST
To promote demand for ships built and registered in the country, the government has made it mandatory for companies to charter only Indian-made, flagged or owned vessels and consider other options only as a last resort. ... read..

Zeta's 'Fusion' platform to power FamPay's neo-banking solution
Bengaluru | Friday, 2020 2:15:06 AM IST
Banking tech company Zeta has announced that its embeddable banking API-based platform 'Fusion' will power FamPay's neo banking solution for 'Generation Z'. ... read..

Next stimulus should focus on infrastructure building: Rajiv Kumar
New Delhi | Friday, 2020 2:15:06 AM IST
NITI Aayog Vice Chairman Rajiv Kumar on Thursday said that the next round of stimulus package from the government should be focused on infrastructure as it has multiplier effect and can sustain growth. ... read..

Delhi Metro Phase IV's first tunnel boring machine being lowered
New Delhi | Friday, 2020 2:15:06 AM IST
The lowering work of the first-ever Tunnel Boring Machine (TBM) of Delhi Metro's Phase IV has been started at Vikaspuri on the Janakpuri West-RK Ashram Marg corridor, a Metro official said. ... read..

Indian Bank posts Rs 412 cr net profit in Q2 (Lead)
Chennai | Friday, 2020 1:45:06 AM IST
Indian Bank on Thursday reported a net profit of Rs 412 crore for the second quarter of FY21 as against a net loss of Rs.1,755 crore during the same period last year, said a top bank official. ... read..

Burger King files for IPO, plans to raise Rs 541.9 cr
Mumbai | Friday, 2020 1:45:06 AM IST
Quick service restaurant major Burger King India has filed a draft prospectus for an initial public offering (IPO). ... read..

Profit booking, high valuations subdue markets; pharma, IT stocks fall (Roundup)
New Delhi | Friday, 2020 1:15:07 AM IST
Profit booking along with high valuations subdued the Indian equity markets on Thursday, breaking their four-day winning streak. ... read..

IndiGo considers buying freighters, aims to haul cargo globally (IANS Exclusive)
New Delhi | Thursday, 2020 11:45:06 PM IST
Seeing a tremendous growth in the cargo segment, airline major IndiGo might add freighter aircraft in its fleet. ... read..

Suzuki's Guj plant reaches accumulated production of 1 mn vehicles
New Delhi | Thursday, 2020 11:45:06 PM IST
Suzuki Motor Corporation's subsidiary Suzuki Motor Gujarat Private Ltd (SMG) has achieved accumulated automobile production of 1 million units, the company said on Thursday. ... read..

HMSI commences export of SP125 motorcycle to Europe
New Delhi | Thursday, 2020 11:45:06 PM IST
Two-wheeler major Honda Motorcycle and Scooter India on Thursday said that it has commenced export of its next generation 125cc motorcycle - SP125 - to Europe. ... read..

Car maker Renault India beefs up its distribution network
Chennai | Thursday, 2020 11:15:06 PM IST
Car maker Renault India on Thursday said it has increased its distribution network by 34 touchpoints over the past two months. ... read..

Ashok Leyland introduces two trucks in ICV segment
Chennai | Thursday, 2020 11:15:06 PM IST
Commercial vehicle major Ashok Leyland Ltd on Thursday launched two trucks in the intermediate commercial vehicle (ICV) segment. ... read..

All-India energy demand up in Sep after 6 months of decline: Report
New Delhi | Thursday, 2020 11:15:06 PM IST
Easing of lockdown curbs lifted India's energy demand in September after a decline of six months, said India Ratings and Research (Ind-Ra) on Thursday. ... read..

India's consumer confidence weakens in October
New Delhi | Thursday, 2020 10:45:07 PM IST
With no signs of reprieve from the pandemic in near future and economy yet to show major indications of a revival, India's consumer confidence has declined by 0.3 percentage points in October 2020, as per the monthly Refinitiv-Ipsos Primary Consumer Sent ... read..

China's Chongqing sees robust foreign trade growth
Beijing | Thursday, 2020 10:45:07 PM IST
Southwest China's Chongqing Municipality saw its foreign trade increase by 11.4 per cent year on year to nearly 461.4 billion yuan (around 69.4 billion US dollars) in the first three quarters of this year, customs data showed. ... read..

Alliance Air makes first operating profit since inception
New Delhi | Thursday, 2020 10:15:08 PM IST
National carrier Air India's wholly-owned subsidiary Alliance Air on Thursday reported an operating profit of Rs 65.09 crore in FY20. ... read..

Strategic sale of PSUs to gain momentum post Diwali
New Delhi | Thursday, 2020 9:45:06 PM IST
The government's disinvestment programme is set to gather pace next month as bids for at least four to five public sector companies lined up for strategic sale get invited with the aim of completing the deal in the last quarter of FY21. ... read..

Railways to give bonus equivalent to 78 day wages to 11.58 lakh non-gazetted employees
New Delhi | Thursday, 2020 9:45:06 PM IST
In a piece of good news for Indian Railways employees, the Union Cabinet has granted bonus equivalent to 78 days wages for financial year 2019-20, the national transporter announced on Thursday. ... read..

Here's Why Company Fixed Deposit by Bajaj Finance Limited Is a Top Investment Option
| October 22, 2020 9:42:38 PM IST
Pune (Maharashtra) [India], Oct 22 (ANI /BusinessWire India): For investors looking at growing their savings in the long run, they need to have the right balance of risks and returns in their investment portfolios. It is known that risk and returns are di ... read..

ICT Academy Organized Global Technology Forum 2020 - The Mega 5 Days Virtual Conference
| October 22, 2020 9:12:28 PM IST
Chennai (Tamil Nadu) [India], Oct 22 (ANI/NewsVoir): ICT Academy organized "Global Technology Forum 2020" a mega 5 days technology conference between 14-18 October 2020. ... read..

Padma Bhushan Awardee Jagdish Sheth accepts to rename IFIM B School as Jagdish Sheth School of Management
| October 22, 2020 9:12:27 PM IST
Bengaluru (Karnataka) [India], Oct 22 (ANI/BusinessWire India): In an unprecedented development that will propel Indian management education globally, Global Thinker & Padma Bhushan Awardee Dr Jagdish Sheth has accepted to rename IFIM Business School ... read..

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