Saturday, August 24, 2019
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NEWS
BUSINESS

Sensex ends 267 points lower, Yes Bank shed 8% (Lead)
Mumbai | Thursday, 2019 3:15:05 AM IST
Sensex on Wednesday closed 267 points lower over growth concerns amid news of more and more job losses and slowdown effects in the economy. Investor sentiments saw no revival as an expected announcement of a stimulus package was not made. ... read..


Infosys, Google Cloud expand partnership for digital services
Bengaluru | Thursday, 2019 3:15:05 AM IST
Global software major Infosys on Wednesday expanded its partnership with Google Cloud to help its clients accelerate their digital transformation. ... read..


Vietjet to connect Delhi with Ho Chi Minh City, Hanoi
New Delhi | Thursday, 2019 3:15:05 AM IST
Vietnamese carrier Vietjet, popularly called 'bikini airline', would operate direct flights from Ho Chi Minh City (commonly known as Saigon) and Hanoi to New Delhi starting from December 6 with thousands of "super-saving tickets". ... read..


Sebi fastracks FPI registration norms for ease of business (Lead)
Mumbai | Thursday, 2019 3:15:05 AM IST
In a far reaching decision which will reform the long pending multi-layered registration process for foreign portfolio investors (FPIs), market regulator Sebi on Wednesday proposed new norms to simplify and rationalise the existing regulatory framework by ... read..


Situation under control at Bhakra dam: BBMB
Chandigarh | Thursday, 2019 2:45:05 AM IST
The Bhakra Beas Management Board (BBMB) here on Wednesday claimed to have successfully handled one of the worst floods in the region in 40 years. ... read..


Data usage revenue jumps to Rs 54,671 crore in 2018: Trai
New Delhi | Thursday, 2019 2:45:05 AM IST
Total revenue collected last year by telecom operators from wireless data usage at Rs 54,671.44 crore (excluding rental revenue) was up by Rs 15,789 crore as compared to Rs 38,882 crore in 2017, according to an analytics paper released by telecom regulat ... read..


Sebi eases buyback norms for firms with NBFC, HFC subsidiaries
Mumbai | Thursday, 2019 2:15:05 AM IST
In a move to aid sectors facing the maximum brunt of the ongoing slowdown, the Securities and Exchange Board of India (Sebi) on Wednesday announced easing of its norms for buyback of shares by listed companies, especially those having subsidiaries in hous ... read..


Jio gains, Airtel & Voda-Idea lose users: CLSA
Mumbai | Thursday, 2019 2:15:05 AM IST
Reliance Jio has added 44 million active subscribers over the past six months, while Bharti Airtel and Vodafone Idea have lost 20 million and 68 million clients, respectively, most likely due to the introduction of minimum recharge plans, said a report fr ... read..


Two MoUs signed to push agri-entrepreneurship in Odisha
Bhubaneswar | Thursday, 2019 1:45:05 AM IST
State-owned Agricultural Promotion and Investment Corporation of Odisha Ltd (APICOL) on Wednesday signed two Memoranda of Understanding (MoUs) to promote agriculture entrepreneurship and enhance the income of farmers. ... read..


Soil doctors to help double farmers' income: Jharkhand CM
Ranchi | Wednesday, 2019 11:45:05 PM IST
Jharkhand Chief Minister Raghubar Das on Wednesday distributed soil testing mini lab kits and identity cards to members of Self Help Groups (SHG) trained as soil doctors, who would help the farmers in increasing their income. ... read..


Sebi eases rules for FPIs, amends norms for rating agencies
Mumbai | Wednesday, 2019 11:15:05 PM IST
Market regulator Sebi on Wednesday eased the rules for foreign portfolio investors (FPI) doing away with the broad-based eligibility criteria for FPIs and announced that the registration for the multiple investment manager structure would be simplified. ... read..


'Shah to visit Goa on Thursday, no discussion on mining'
Panaji | Wednesday, 2019 10:45:05 PM IST
Union Home Minster Amit Shah will be in Goa on Thursday to chair the 24th meeting of the Western Zonal Council during which he will discuss various issues but the mining ban plaguing the coastal state is not on his agenda. ... read..


India's growth may slow down further to 5.7% in Q1: Nomura
Mumbai | Wednesday, 2019 10:45:05 PM IST
India's economic growth is likely to slow down further to 5.7 per cent in the April-June quarter of this year due to low consumption, weak investments and an under-performing service sector, said a Nomura report. The economy, however, is expected to see s ... read..


IL&FS firm used 'circuitous, illegal route' to lend: ED
New Delhi | Wednesday, 2019 10:45:05 PM IST
Enforcement Directorate (ED)'s chargesheet in the money-laundering case involving top brass of now-infamous IL&FS group has revealed that its financing arm IFIN indulged in a "circuitous and patently illegal transactions" resulting in an unpaid loan of Rs ... read..


'Kerala banking sector enjoys good industrial relations'
Thiruvananthapuram | Wednesday, 2019 9:45:05 PM IST
The banking sector in Kerala has the best of industrial relations, according to top bankers in the state. ... read..


Amid slowdown, Essar Ports registers robust growth
Mumbai | Wednesday, 2019 9:45:05 PM IST
Essar Ports on Wednesday said higher capacity utilisation at its recently commissioned terminals at Salaya and Vizag and an increase in third-party cargo volume are crucial factors to help the company achieve its target of handling 60 million tonnes of ca ... read..


Tata Motors hits 52-week low after scrips fall over 10%
Mumbai | Wednesday, 2019 9:15:05 PM IST
Amid weakness in the auto sector, a sharp fall was seen in the Tata Motors stocks on Wednesday which slipped over 10 per cent, touching its 52-week low. ... read..


India's Q1 growth slows, but not a meltdown: Kotak report
Mumbai | Wednesday, 2019 8:45:05 PM IST
Contrary to the widespread concern being voiced about the ongoing economic slowdown, the first quarter (Q1) of the current fiscal actually saw very high divergence in performance and outlook across companies suggesting slowing growth but not a meltdown, b ... read..


Slowdown woes: Parle may lay off 10,000 employees
Mumbai | Wednesday, 2019 8:15:05 PM IST
Popular Indian biscuit maker Parle Products may cut up to 10,000 jobs owing to the prevailing macro-economic situation, according to a company executive. ... read..


World's biggest Amazon campus opens in Hyderabad
Hyderabad (Telangana) | August 21, 2019 7:41:22 PM IST
Amazon launched its biggest campus in the world in Hyderabad on Wednesday which was inaugurated by Home Minister Mahamood Ali. ... read..


Chidambaram says baseless to call him conspirator
New Delhi | Wednesday, 2019 7:15:05 PM IST
Former Finance Minister P. Chidambaram has said that the observation by the Delhi High Court defining him as the key conspirator in the INX media case was "baseless". ... read..


FPIs buy Rs 31,700 cr equities in Q1: Kotak
Mumbai | Wednesday, 2019 6:45:05 PM IST
Foreign Portfolio Investors (FPIs) bought equities worth Rs 31,700 crore in the quarter ended June 2019, broking firm Kotak Securities estimated. ... read..


SRJNA Group announces rebrand to Tinkerly
| August 21, 2019 6:42:08 PM IST
Jaipur (Rajasthan) [India] August 21(ANI/BusinessWire India): SRJNA (now Tinker.ly) introduced its new name, new faces, and a new address. ... read..


Chennais Amirta bags 65 medals across national, international competitions
| August 21, 2019 6:42:07 PM IST
Chennai (Tamil Nadu) [India] August 21(ANI/NewsVoir): Chennais Amirta International Institute of Hotel Management (CAIIHM), has recently bagged an impressive 39 medals at the great Indian Culinary Challenge held in Bengaluru. ... read..


Bajaj Finserv Lifecare Finance offers more than 200 treatments on easy EMIs to support your wellness journey
| August 21, 2019 6:42:05 PM IST
Pune (Maharashtra) [India] August 21 (ANI/BusinessWire India): Perspective towards health and wellness in India has witnessed a paradigm shift in the last 5 years. ... read..


Yuvraj Singh tells you how to be a new age Baazigar
| August 21, 2019 6:41:58 PM IST
New Delhi [India] August 21(ANI/BusinessWire India): BalleBaazi.com, India's fastest growing fantasy gaming platform unveils its latest ad campaign 'Ab Khel kar Jeetne Wale Ko Baazigar kehte hai' with brand ambassador Yuvraj Singh who has helmed three adv ... read..


Planning on purchasing a pre-owned car-avail personal loan for used cars from Bajaj Finserv
| August 21, 2019 6:41:54 PM IST
Pune (Maharashtra) [India] August 21(ANI/BusinessWire India): Increase in disposable income, evolving lifestyle preferences backed by great finance options, organized work ethos of branded car aggregators and great after sale experiences has inclined the ... read..


Medha's Employability Skills program now to be delivered across all government ITIs in Haryana
| August 21, 2019 6:41:51 PM IST
Lucknow (Uttar Pradesh) [India] August 21(ANI/NewsVoir): In a bid to improve the employability skills and employment outcomes of the students of government ITIs in Haryana, Department of Skill Development and Industrial Training, Government of Haryana has ... read..


Ind-Ra revises BHEL's long-term issuer outlook from stable to negative
New Delhi | August 21, 2019 6:41:41 PM IST
India Ratings and Research (Ind-Ra) on Wednesday affirmed engineering major BHEL's long-term issuer rating at IND AA plus but downgraded the outlook. ... read..


Paisabazaar.com strengthens product suite with free Tax-filing platform
| August 21, 2019 6:41:35 PM IST
Gurugram (Haryana) [India] August 21(ANI/NewsVoir): Paisabazaar.com, India's largest online marketplace for financial products, announced today that it has received nearly 50,000 registrations in August on its new income tax-filing platform, which is curr ... read..


The sequel to Square Yards' Mega Real Estate Fest, 'Azadi Tour' is back, and it's bigger and better
| August 21, 2019 6:41:31 PM IST
Gurugram (Haryana) [India] August 21(ANI/BusinessWire India): Square Yards, India's largest proptech company, invites you to 'Azadi Tour' - a Mega Real Estate Fest through the 23rd, 24th and 25th of August, that's aimed at bringing the latest blockbuster ... read..


Voda-Idea loss triggers Rs 21.5K cr m-cap loss in Birla firms
Mumbai | Wednesday, 2019 6:15:05 PM IST
The unabated losses at Vodafone-Idea are eroding the value of other Aditya Birla Group firms, whose combined m-cap declined by a whopping Rs 21,431 crore on August 20, days after the quarterly results of the telecom arm were announced on July 29. ... read..


China slowdown to hit banks in Asian developed markets most: Fitch
| August 21, 2019 5:41:24 PM IST
Banks in Asia's trade-dependent developed markets will face the most pressure on their credit profiles in the event of a sharp slowdown in the Chinese economy, according to a new report by Fitch Ratings. ... read..


Sensex, Nifty flat, Yes Bank down 3%
Mumbai | Wednesday, 2019 4:45:05 PM IST
The Sensex and Nifty on Wednesday traded on a flat note awaiting a stimulus package from the Union government. ... read..


Over 1000 plus global educators expected at the International Career and College Counselling Conference
| August 21, 2019 4:41:39 PM IST
Mumbai (Maharashtra) [India] August 21 (ANI/NewsVoir): The countdown for the global movement of empowering every school to drive sustainable and inclusive counselling is right around the corner with the launch of the fourth edition of the 2019 Annual Inte ... read..


Brain Checker ties up with 50 plus IIT coaching classes for Engineering Sorter Test
| August 21, 2019 4:41:25 PM IST
Nashik (Maharashtra) [India] August 21(ANI/NewsVoir): Technology is changing everything and at an unbelievably fast pace. ... read..


Sensex falls by 268 points amid weak investor sentiment, PSU banks under pressure
Mumbai (Maharashtra) | August 21, 2019 4:41:24 PM IST
Equities failed to gather momentum on Wednesday as investors remained cautious amid dwindling foreign portfolio investments and weak corporate earnings. ... read..


India complying with Iran sanctions, despite work on Chabahar port: US official
New York | Wednesday, 2019 3:45:05 PM IST
By continuing to work with Iran on the Chabahar Port, India does not violate US sanctions on Teheran, according to the Washington official dealing with Iran. ... read..


Delhi ranks as 10th fastest growing market globally: Knight Frank
New Delhi | August 21, 2019 3:41:22 PM IST
Delhi is the 10th fastest growing prime market globally on Knight Frank's Prime Global Cities Index. ... read..


Altico Capital Ltd. completely exits from the IT-SEZ project in Hyderabad's Hitec City
| August 21, 2019 3:11:28 PM IST
Mumbai (Maharashtra) [India] August 21 (ANI/BusinessWire India): Altico Capital India Limited, a Non-Banking Financial Company (NBFC) promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners headquartered in Mumbai, India, today ann ... read..


Slowdown slayer: PSBs to suggest steps to boost economy
Mumbai/New Delhi | Wednesday, 2019 2:45:05 PM IST
In a bid to shield India Inc from the headwinds emanating from the ongoing general economic slowdown, the Central government has asked Public Sector Banks (PSB) to recommend ways to prop up growth. ... read..


ED lays bare IL&FS cabal modus operandi of Rs 7,400 cr loot and scoot (IANS Exclusive)
New Delhi | Wednesday, 2019 2:15:05 PM IST
The Enforcement Directorate charge sheet against IL&FS and the cabal which ran it gives the full scope and extent of the malfeasance and all pervasive rot. Pertinently, it refers to the closed user group individually and by name and provides details on th ... read..


How Wow! Momo went from 1 table to 274-store chain in 11 yrs
Kolkata | Wednesday, 2019 2:15:05 PM IST
Eleven years ago, college students Sagar Daryani and Binod Homagai invested Rs 30,000 to start in Jadavpur a small venture -- selling an Indianised version of the Tibetan delight, momos. ... read..


Jaipur surgeon introduces combination of FUT+FUE hair transplant technique
| August 21, 2019 2:11:39 PM IST
Jaipur (Rajasthan) [India] August 21 (ANI/BusinessWire India): There has always been a question that how would be a high-density hair transplant possible? A maximum number of Indian patients used to visit a foreign nation to get it done with expert advice ... read..


CARE revises Gati's outlook on long-term loans to negative
New Delhi | August 21, 2019 2:11:34 PM IST
Rating agency CARE has revised its outlook on express distribution and supply chain solutions company Gati Ltd's long-term loans to negative from stable. ... read..


BookMyForex partners with YES Bank to launch Forex Card on Visa network
| August 21, 2019 1:12:40 PM IST
Gurugram (Haryana) [India] August 21 (ANI/NewsVoir): BookMyForex.com, the world's first and largest marketplace for foreign exchange and remittances, announces the launch of a co-branded Multi-Currency Forex Travel-card in partnership with YES Bank and Vi ... read..


HDIL sheds 20 pc after NCLT admits Bank of India's insolvency plea against realtor
Mumbai (Maharashtra) | August 21, 2019 1:12:54 PM IST
Shares of Housing Development and Infrastructure Ltd (HDIL) were locked in 20 per cent lower circuit on Wednesday after the National Company Law Tribunal (NCLT) admitted Bank of India's insolvency plea against the realtor. ... read..


Elite Foundation NGO strives to make India greener
| August 21, 2019 1:13:01 PM IST
Mumbai (Maharashtra) [India] August 21 (ANI/NewsVoir): With a rapid scale of urbanisation, degraded air quality, and climate change, tree plantation is the only saviour. Leading environment NGO, Elite Foundation understands the need of the hour and has ta ... read..


Gurugram schoolgirl launches platform 'Y4RH' for religious harmony amongst youth
| August 21, 2019 1:13:04 PM IST
Gurugram (Haryana) [India] August 21 (ANI/NewsVoir): Gurugram saw a very interesting initiative by a 17-year-old, 12th-grade student of The Shri Ram School Aravali, Ayesha Dhall. She has launched a platform 'Y4RH' to start a conversation amongst the youth ... read..


SpiceJet to shift entire operations at Mumbai to Terminal 2 from October 1
| August 21, 2019 1:13:06 PM IST
Low-cost airline SpiceJet will shift its entire Mumbai operations to Terminal 2 of the Chhatrapati Shivaji Maharaj International Airport from October 1. ... read..


CG Power tanks another 20 pc, Yes Bank slips by 5 pc in early trade
Mumbai (Maharashtra) | August 21, 2019 1:12:01 PM IST
Shares of Gautam Thapar-promoted CG Power and Industrial Solutions Ltd dropped further by 20 per cent on Wednesday after being locked in 20 per cent lower circuit in Tuesday's session. ... read..


Equities flat in lacklustre trading, metal stocks lose shine
Mumbai (Maharashtra) | August 21, 2019 1:11:29 PM IST
Equity indices were flat during early hours on Wednesday tracking global cues but auto stocks showed some gains. ... read..


NSE revises criteria for inclusion of stocks in Nifty indices
Mumbai (Maharashtra) | August 21, 2019 2:41:34 PM IST
The National Stock Exchange (NSE) of India Ltd has revised the eligibility criteria for inclusion of stocks in the Nifty indices. ... read..


Dollar falls amid declining US Treasury yields
New York | Wednesday, 2019 12:15:05 PM IST
The dollar decreased on Tuesday, as long-term US Treasury yields retreated again, raising worries over potential economic slowdown. ... read..


Eastern Economic Forum in Russia to feature 70 events
Moscow | Wednesday, 2019 6:15:05 AM IST
With an aim of expanding international cooperation in the Asia-Pacific region and developing the economy in Russias Far East, over 70 business events, including panel discussions, will be held as part of the Eastern Economic Forum (EEF) in Vlodivostok fro ... read..


Advance booking on re-allocated Jet slots for 3 more months
New Delhi | Wednesday, 2019 4:45:05 AM IST
The Central government has extended the cap of three months on forward ticket bookings for flights operated on Jet Airway's airport time slots that have been re-allocated to other airlines. ... read..


Rail traffic on Old Yamuna Bridge suspended
New Delhi | Wednesday, 2019 4:45:05 AM IST
Rail traffic over the Old Yamuna Bridge was temporarily suspended on Tuesday as the water level in the river continued to rise, northern railways said. ... read..


Vietjet to begin direct India-Vietnam flight
New Delhi | Wednesday, 2019 3:45:05 AM IST
Vietnam-based airline Vietjet on Tuesday said that it will commence direct flight operations between India and Vietnam from December. ... read..


NTPC faces coal crunch at Kaniha unit in Odisha
Bhubaneswar | Wednesday, 2019 3:45:05 AM IST
State-run power generator NTPC's Kaniha unit in Angul district of Odisha is facing coal shortage due to a strike by villagers at the Kaniha Open Cast Project (KOCP). ... read..


Siemens to upgrade Hindustan Zinc's power assets
New Delhi | Wednesday, 2019 2:45:05 AM IST
Technology major Siemens will upgrade Hindustan Zinc's power assets and manufacture six 80 MW steam turbines for the mining major. ... read..


End deep discounts, NRAI tells online food aggregators (2nd Lead)
New Delhi | Wednesday, 2019 2:45:05 AM IST
In a bid to stop "unethical" deep discounting practices of online food aggregators amid nationwide #logout campaign, the National Restaurant Association of India (NRAI) on Tuesday told the platforms to realign their offerings to create a restaurant-friend ... read..


All PMAY houses to be sanctioned by March 2020
New Delhi | Wednesday, 2019 2:15:05 AM IST
The government would sanction all the targeted 1.12 crore houses under the Pradhan Mantri Awas Yojana (PMAY) by March 2020, said Union Minister for Housing and Urban Affairs Hardeep Singh Puri at the 15th annual convention of the National Real Estate Deve ... read..


TVS Srichakra to expand R&D centre in Italy (Lead)
Chennai | Wednesday, 2019 2:15:05 AM IST
Expanding its research and development (R&D) centre in Italy, refurbishing the tyre test track in Madurai, launching a new brand and targeting exports are some of the plans that TVS Srichakra Ltd is implementing to get a stronger grip in the market, senio ... read..


HFCL bags Rs 3,329 cr order from BSNL, stock surges 5%
New Delhi | Wednesday, 2019 1:45:05 AM IST
Himachal Futuristic Communications Ltd (HFCL) on Tuesday said it has bagged Rs 2,467 crore order, its largest purchase order so far, for a turnkey project from public sector telecom service provider BSNL. ... read..


DTC task force prescribes reduction of corporate tax rates
New Delhi | Wednesday, 2019 1:45:05 AM IST
In what could have far-reaching implications for the overall economy, a government panel has underlined the need to bring down corporate tax rates to 25 per cent for all companies, irrespective of their turnover, from the current 30 per cent. ... read..


Delhi gets 25 Cluster scheme buses with hydraulic lift, CCTV
New Delhi | Wednesday, 2019 1:45:05 AM IST
The national capital on Tuesday got 25 new buses equipped with hydraulic lifts for differently abled passengers, panic buttons, CCTV cameras and GPS. ... read..


Hyundai launches Grand i10 Nios @ Rs 4.99-7.99 lakh
New Delhi | Wednesday, 2019 1:15:05 AM IST
Automobile major Hyundai Motor India (HMIL) launched the Grand i10 Nios, priced between Rs 4.99 lakh and Rs 7.99 lakh, here on Tuesday. ... read..


OPPO establishes global sales, marketing units
Shenzhen | Wednesday, 2019 1:15:05 AM IST
In a bid to drive its integrated development in global markets, Chinese smartphone maker OPPO on Tuesday announced the establishment of its new global sales and global marketing business units. ... read..


End deep discounts, NRAI tells online food aggregators (Lead)
New Delhi | Wednesday, 2019 1:15:05 AM IST
In a bid to stop "unethical" deep discounting practices of online food aggregators amid nationwide #logout campaign, the National Restaurant Association of India (NRAI) on Tuesday told the platforms to realign their offerings to create a restaurant-friend ... read..


CUTS highlights competition law panel's failure on NCP
New Delhi | Tuesday, 2019 11:45:05 PM IST
The Competition Law Review Committee, which recently submitted its report, has failed to institutionalise a national competition policy (NCP), said the Consumer Unity & Trust Society (CUTS) International, a non-governmental organisation, here on Tuesday. ... read..


May look beyond France for chopper unit: Naik
Panaji | Tuesday, 2019 11:45:05 PM IST
If France is not willing to collaborate with a proposed project for maintenance, repair and overhaul (MRO) of helicopters in Goa, the Defence Ministry is willing to look for other partners, Union Minister of State for Defence Shripad Naik said on Tuesday. ... read..


Sensex down 74 points, Nifty closes at 11,017 (Lead)
Mumbai | Tuesday, 2019 11:15:05 PM IST
Indian stock markets closed on a flat note for the second straight day on Tuesday, awaiting a stimulus package from the government. The Sensex closed 74.48 points or 0.20 per cent lower at 37,328.01, while the broader Nifty ended 36.90 points lower at 11, ... read..


TVS Srichakra to expand R&D centre in Italy
Chennai | Tuesday, 2019 10:45:05 PM IST
Expanding its research and development (R&D) centre in Italy, refurbishing the tyre test track in Madurai, launching a new tyre under a new brand and targeting exports are some of the plans that TVS Srichakra Ltd is implementing to get a stronger grip in ... read..


Grounding of Air India jets puts spotlight on maintenance
New Delhi | Tuesday, 2019 10:15:05 PM IST
Grounding of aircraft has cost Air India dearly but frequent breakdowns of its flights in foreign cities such as Paris, Chicago and Tel Aviv has taken a heavy toll on the airline's precarious finances in recent months. ... read..


Vodafone Idea falls 9% on BSE after CEO's resignation
Mumbai | Tuesday, 2019 10:15:05 PM IST
Shares of telecom major Vodaone Idea slumped nearly 9 per cent on Tuesday, a day after its Chief Executive Officer Balesh Sharma resigned with immediate effect and the company appointed Ravinder Takkar as new CEO. ... read..


Frontline IT firms face margin headwinds in Q1: Centrum
Mumbai | Tuesday, 2019 9:15:05 PM IST
Tier 1 IT services, or the frontline stocks, delivered a mixed performance in the first quarter (Q1) ending June, where HCL Tech and Tech M did well in revenue, both missing margin estimates, said brokerage firm Centrum. ... read..


Around 1 mn Indian tourists visited Dubai in H1 2019
New Delhi | Tuesday, 2019 9:15:05 PM IST
Out of the 8.36 million international overnight visitors that Dubai welcomed in the first six months of 2019, a whopping 997,000 visitors were from India, according to data released by Dubai Tourism on Tuesday. ... read..


Mahindra Finance to acquire 58% stake in Sri Lanka's Ideal Finance
Mumbai | Tuesday, 2019 9:15:05 PM IST
Mahindra and Mahindra Financial Services (Mahindra Finance) on Tuesday said that it has signed a joint venture with Ideal Finance, a subsidiary of Sri Lankan conglomerate Ideal Group and it will acquire 58 per cent stake in Ideal Finance. ... read..


India, Myanmar likely to set up four 'Border Haats'
Aizawl | Tuesday, 2019 8:45:05 PM IST
The success of the "Border Haats" with Bangladesh has prompted other northeastern states of India to go for similar arrangements with Myanmar. At the instance of the Mizoram government, the Centre is likely to set up four "Border Haats" (market) along the ... read..


ED arrests MP CM's nephew Ratul Puri for bank fraud (2nd Lead)
New Delhi | Tuesday, 2019 8:45:05 PM IST
The Enforcement Directorate on Tuesday arrested Madhya Pradesh Chief Minister Kamal Nath's nephew Ratul Puri, the former Executive Director of Moser Baer, in connection with a Rs 354 crore bank fraud case filed by the Central Bank of India. ... read..


Yes Bank falls 7% after fraud revelation at CG Power
Mumbai | Tuesday, 2019 8:15:05 PM IST
Private lender Yes Bank fell nearly seven per cent during early trade on Tuesday, following revelations of corporate fraud at CG Power and Industrial Solutions. Yes Bank has a significant stake in CG Power and Industrial Solutions. ... read..


Digital system affects India-Bangladesh trade in NE; suspended
Agartala | Tuesday, 2019 8:15:05 PM IST
The new online trade management system -- Electronic Data Interchange (EDI) -- has been suspended as it was hindering India's trade with Bangladesh in the northeast region due to technical issues and lack of familiarity among the concerned stakeholders, o ... read..


Q1 bank loan growth fell 1.2% due to low interest income: Report
Mumbai | Tuesday, 2019 8:15:05 PM IST
Broking firm Centrum has said overall loan growth for banks in the first quarter ending June dropped 1.2 per cent quarter-on-quarter (QoQ) led by modest net interest income (NII) and a sharp drop in pre-provision operating profits (PPoP), mainly on accou ... read..


Mayawati slams Yogi for hike in petrol, diesel prices
Lucknow | Tuesday, 2019 8:15:05 PM IST
Bahujan Samaj Party supremo Mayawati on Tuesday slammed the Yogi Adityanath government in Uttar Pradesh for increasing the prices of petrol and diesel. ... read..


J&K government's help saves Srinagar BPO from shutdown
Srinagar | Tuesday, 2019 8:15:05 PM IST
The Jammu and Kashmir administration has come to the rescue to Srinagar-based BPO AEGIS, which was about to shut down operations after its main client Vodafone stopped giving it business earlier this month. ... read..


Jio tops 4G download speed in July, Vodafone leads upload speed
New Delhi | Tuesday, 2019 7:15:05 PM IST
Reliance Jio has topped the 4G download speed chart and Vodafone the 4G upload one in July, according to telecom regulator TRAI. ... read..


NIIT and automation anywhere collaborate to launch Robotic Process Automation Workshops
| August 20, 2019 7:11:35 PM IST
New Delhi [India] August 20(ANI/BusinessWire India): NIIT Limited, a global leader in skills and talent development, is collaborating with Automation Anywhere, a global leader in robotic process automation (RPA), to deliver comprehensive RPA workshops to ... read..


How you can redefine your Business Growth Map with customized loan for Chartered Accountants by Bajaj Finserv
| August 20, 2019 7:11:33 PM IST
Pune (Maharashtra) [India] August 20(ANI/BusinessWire India): Financial expansion, growing operational expenses, evolving business infrastructure and finances for business contingencies are some of the key financial requirements of a Chartered Accountant' ... read..


Ananda commits to better Dairy Welfare and joins others in embracing responsible sourcing
| August 20, 2019 7:11:30 PM IST
New Delhi [India] August 20(ANI/NewsVoir): Ananda, a leading dairy products manufacturing company has committed to responsible sourcing and providing a better life for approximately 400,000 dairy animals in their supply chain. ... read..


Corporate fraud hits CG Power, shares tank 20% on BSE
New Delhi | Tuesday, 2019 6:45:05 PM IST
Hit by major corporate governance issues involving unauthorised transactions and understatement of liabilities, Gautam Thapar-led CG Power's shares plunged nearly 20 per cent on the BSE on Tuesday during the early trade. ... read..


Auto slowdown: SBI waives processing fee on car loan, more PSBs to follow
New Delhi | Tuesday, 2019 6:45:05 PM IST
In a bid to boost car sales amid piling inventories, the State Bank of India (SBI) on Tuesday waived processing fee on car loans during the upcoming festival season and is also offering the lowest interest rate starting 8.70 per cent on car loans, with no ... read..


North India shows highest discrepancy in education checks: AuthBridge Research
New Delhi | August 20, 2019 6:11:26 PM IST
AuthBridge Research Services, the largest Indian employee background verification firm, said on Tuesday that north India shows the highest discrepancy in education checks while south India shows the highest discrepancy in address checks. ... read..


SBI waives processing fee on car loans in festival season
Mumbai | Tuesday, 2019 5:45:05 PM IST
State Bank of India (SBI), the country's largest lender, on Tuesday announced processing fee waiver on car loans during the upcoming festival season in a bid to boost car sales. The bank is also offering the lowest interest rate starting 8.70 per cent on ... read..


SBI announces loans at cheaper rates during festival season
Mumbai (Maharashtra) | August 20, 2019 5:41:24 PM IST
State Bank of India (SBI) on Tuesday announced a slew of offers including cheaper rates for home and auto loan borrowers to cash in on the upcoming festival season. ... read..


HFCL bags Rs 2,467 crore order for defence communication network
New Delhi | August 20, 2019 5:11:28 PM IST
Himachal Futuristic Communications Ltd (HFCL) said on Tuesday it has received its largest-ever purchase order worth Rs 2,467 crore from Bharat Sanchar Nigam Ltd (BSNL) for turnkey development, operations, and maintenance of a communication network for the ... read..


Sensex slips by 100 points, Nifty holds 11,000
Mumbai | Tuesday, 2019 4:45:05 PM IST
The Sensex and Nifty fell after initial gains on Tuesday awaiting a stimulus package from the government. ... read..


Sensex down 74 points, CG Power plummets 20 pc after probe unearths irregularities
Mumbai (Maharashtra) | August 20, 2019 4:41:24 PM IST
Equity benchmark indices swung wildly between gains and losses on Tuesday but closed with a negative bias due to heavy selling pressure. ... read..


Yogi government hikes petrol, diesel prices
Lucknow | Tuesday, 2019 4:15:05 PM IST
Petrol and diesel will cost more in Uttar Pradesh from Tuesday after the state government hiked Value Added Tax (VAT)on both. ... read..


'Diversity' journey at Hero MotoCorp surpasses significant milestone with 1000 women employees
| August 20, 2019 4:11:26 PM IST
New Delhi [India] August 20(ANI/BusinessWire India): In keeping with its stated objective of transforming itself into a truly global organization, Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has been relentlessly driving ... read..


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