Friday, November 15, 2019
News
NEWS
BUSINESS

CentriX Projects - adding a winning touch to corporate spaces
| November 11, 2019 3:41:47 PM IST
Bengaluru (Karnataka) [India] Nov 11 (ANI/NewsVoir): CentriX Projects, the one-stop solutions provider for corporate interiors was recently applauded at the prestigious Economic Times -Business Excellence 2019 event, held recently in the city. ... read..


Poly Medicure Limited net profit jumps 86.87 percent to Rs 27.02 crores in Q2 FY20
| November 11, 2019 3:41:45 PM IST
New Delhi [India] Nov 11 (ANI/NewsVoir): Poly Medicure Limited announced Financial Results for its Q2 FY19-20 ended September 30, 2019. ... read..


Saudi Aramco IPO lists RIL investment, expansion in India
New Delhi | Monday, 2019 2:45:05 PM IST
Saudi Aramco launched has its prospectus for the world's biggest IPO with a potential largest ever company valuation of estimates ranging wildly from $1.2-2.3 trillion, with an India angle-acquiring 20 per cent in Reliance Industries Limited (RIL) oil to ... read..


WOG Group successfully exits Patong reuse water treatment plant
| November 11, 2019 2:41:54 PM IST
Bangkok [Thailand] Nov 11(ANI/NewsVoir): WOG ITR Water Solution Company Limited based in Thailand ('WOG ITR') has been successfully acquired by Wiik Water Company Limited ('Wiik Water'), a subsidiary of Wiik and Hoeglund Public Company Limited. ... read..


Pesopie to raise USD 2.5 million pre-seed funding
| November 11, 2019 2:41:51 PM IST
New Delhi [India] Nov 11(ANI/NewsVoir): Pesopie, the world's first video entertainment cum fashion We-commerce platform is set to raise $2.5 million seed funding. ... read..


Sovereign creditworthiness outlook negative due to unpredictable political environment: Moody's
New York | November 11, 2019 2:11:45 PM IST
Moody's Investors Service said on Monday its outlook for sovereign creditworthiness in 2020 is negative, reflecting expectations for the fundamental conditions that will drive sovereign credit over the next 12 to 18 months. ... read..


Auto sales decline by 12.7 pc in October, signalling prolonged slowdown
New Delhi | November 11, 2019 1:41:55 PM IST
Domestic vehicle sales across all categories declined by 12.76 per cent in October to 21.76 lakh units compared to 24.94 lakh units in the year-ago period, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Monday. ... read..


Leading Indian students to greatness: Indian Talent Olympiad
| November 11, 2019 1:11:44 PM IST
Mumbai (Maharashtra) [India] Nov 11(ANI/NewsVoir): Indian Talent Olympiad has been helping Indian students to achieve greatness since its establishment in 2012. ... read..


B-Boy Menno and B-Girl Kastet win Red Bull BC One World Final 2019
| November 11, 2019 12:41:37 PM IST
Mumbai (Maharashtra) [India] Nov 11 (ANI/NewsVoir): Red Bull BC One, the biggest and most prestigious one-on-one breaking competition in the world, is thrilled to announce the winners of this year's Red Bull BC One World Final. ... read..


Affle India reports Q2 PAT growth of 51 pc at Rs 15.6 crore
New Delhi | November 11, 2019 12:11:39 PM IST
Consumer intelligence platform Affle India Ltd has reported a profit after tax of Rs 15.6 crore in the second fiscal quarter (July to September), marking a 51 per cent jump from the year-ago period. ... read..


L&T Construction awarded significant contracts for various businesses
Mumbai (Maharashtra) | November 11, 2019 11:41:43 AM IST
L&T Construction said on Monday it has secured orders from clients across various states for varied businesses. ... read..


Stocks subdued in early trading, Yes Bank gains by 2.4 pc
Mumbai (Maharashtra) | November 11, 2019 10:41:39 AM IST
Equity benchmark indices witnessed choppy trading during early hours on Monday but were largely flat in line with Asian peers. ... read..


October equity MFs inflow at 5-month low of Rs 6,015 cr
New Delhi | Monday, 2019 3:45:05 AM IST
Although there has been a rally in the stock markets off late, the net inflow in equity or growth-oriented mutual funds was recorded at around Rs 6,015 crore, the lowest in five months. ... read..


Irani blames US-China trade war for cotton industry slowdown
Gurugram | Monday, 2019 2:15:05 AM IST
Accepting the slowdown in the Indian cotton yarn industry, the Union Textiles Minister Smriti Irani on Sunday blamed the US-China trade war for the situation, as she assured the stakeholders of finding a solution to the problem. ... read..


Environment Min nod to Indian Oil's Panipat ethanol plant
New Delhi | Monday, 2019 2:15:05 AM IST
The Union Environment Ministry has given its clearance to Indian Oil Corporation for setting up a 2G ethanol plant in Panipat, it was announced on Sunday. ... read..


Stress-fund for realty to exclude major NCR projects
New Delhi | Sunday, 2019 11:45:05 PM IST
Although Finance Minister Nirmala Sitharaman's announcement of Rs 25,000 crore fund for stalled projects brought relief to the real estate players and distressed home buyers, a section of home buyers rue their exclusion from the special aid. ... read..


Lower base prices being mulled for spectrum auction: Sources
New Delhi | Sunday, 2019 10:15:05 PM IST
The Department of Telecom's (DoT) plans to hold the spectrum auction before the fiscal has not been put off and discussions are on to cut the auction prices to make it affordable for telecom companies, according to official sources. ... read..


Centre's sell-off yield at Rs 12,995 cr, target Rs 1.05 lakh cr
New Delhi | Sunday, 2019 8:45:05 PM IST
The proceeds from government disinvestment currently stand at Rs 12,995.46 crore with the inclusion of Rs 637.97 crore realised from the initial public offer (IPO) of Indian Railway catering arm IRCTC, according to Department of Investment and Public Asse ... read..


Petrol prices above Rs 73/litre for 3rd consecutive day
New Delhi | Sunday, 2019 6:45:05 PM IST
With a rise of 45 paise per litre, petrol prices in Delhi remained above Rs 73 per litre for the third consecutive day on Sunday. Diesel prices however, remained unchanged. ... read..


Apple Card under probe for sex discrimination in credit limits
New York | Sunday, 2019 3:45:06 PM IST
The New York Department of Financial Services has opened a probe into allegations of gender discrimination by Apple Card issuer Goldman Sachs while determining credit limits. ... read..


Coke to complete $1.7 bn investment in 'Fruit Circular Economy'
New Delhi | Sunday, 2019 3:45:06 PM IST
Global FMCG major Coca-Cola is on track to complete all its investment commitments in India, including the $1.7 billion funding to create a "Fruit Circular Economy" meant to aide the Indian agri-ecosystem, a senior company executive told IANS. ... read..


Liquidity flows, healthy Q2 expected to push equities higher (Market Outlook)
Mumbai | Sunday, 2019 3:15:05 PM IST
Liquidity flows as well as positive sentiments on the back of better-than-expected quarterly results and the government's recent reform measures have the potential to lift the key Indian equity indices higher during the upcoming truncated weekly trade, an ... read..


Provident fund investment issues to impact UPPCL financials: Ind-Ra
New Delhi | November 10, 2019 10:11:35 AM IST
The likely loss to Uttar Pradesh State Power Sector Employees Trust due to investments in controversial Dewan Housing Finance Ltd (DHFL) will have an impact on UP Power Corporation Ltd's (UPPCL's) financial performance, according to India Ratings and Rese ... read..


DGCA conducts alcohol detection tests at top 10 airports
New Delhi | Sunday, 2019 3:15:05 AM IST
To improve safety standards, country's civil aviation regulator has started to conduct alcohol detection tests on personnel largely working at the airside of top ten civilian airports of the country. ... read..


Govt asks MMTC to import 1 lakh tonnes of onion
New Delhi | Sunday, 2019 1:15:05 AM IST
As part of the government's drive to boost imports to control the rising onion prices, the Committee of Secretaries (CoS) has asked MMTC, India's foreign trade enterprise, to import 1 lakh tonnes of onion. ... read..


National Entrepreneurship Awards conferred on enterprises
New Delhi | Saturday, 2019 11:45:05 PM IST
Minister of Skill Development and Entrepreneurship Mahendra Nath Pandey on Saturday conferred the National Entrepreneurship Awards 2019 to enterprises and ecosystem builders here. ... read..


Cyclone Bulbul: Kolkata Airport to suspend ops from 6 pm
New Delhi/Kolkata | Saturday, 2019 10:45:05 PM IST
The Airport Authority of India (AAI) on Saturady has said it will suspend operations at the Kolkata airport, owing to the expected landfall of Cyclone Bulbul, as a precautionary measure. ... read..


Cabinet may take up BPCL privatisation this month
New Delhi | Saturday, 2019 9:15:05 PM IST
Union Cabinet is likely to take up the strategic disinvestment of the entire stake of government of India along with transfer of management control in oil marketing PSU - BPCL this month to push ahead the exercise, sources said. ... read..


India's largest carmaker cuts production for 8th straight month
Mumbai | Saturday, 2019 9:15:05 PM IST
Lack of demand for passenger vehicles in the country has forced India's largest manufacturer, Maruti Suzuki to cut its production for the 8th consecutive month. The company's total vehicle production last month stood at 1,19,337 units against 1,50,497 in ... read..


NTPC Q2 profit up 34 pc at Rs 3,262 crore
New Delhi | November 9, 2019 8:12:19 PM IST
India's largest power utility NTPC Ltd on Saturday posted a 34 per cent jump in profit after tax for the July to September quarter at Rs 3,262 crore. ... read..


Goyal to visit 9th BRICS trade ministers meet in Brazil, US next week
New Delhi | November 9, 2019 4:42:23 PM IST
Commerce and Industry Minister Piyush Goyal will attend the 9th BRICS trade ministers meet being held at Brazil's capital city of Brasilia next week, according to an official statement released on Saturday. ... read..


Cholamandalam Investment and Finance Co reports Q2 PBT of Rs 596 crore
Chennai (Tamil Nadu) | November 9, 2019 4:42:03 PM IST
Cholamandalam Investment and Finance Company, the financial services arm of Murugappa Group, on Saturday reported profit before tax at Rs 596 crore in the quarter ended September as against Rs 491 crore in the year-ago period. ... read..


Inclusion of occupational therapy in health policies among other demands of AIOTA
| November 9, 2019 4:42:01 PM IST
Mumbai (Maharashtra) [India] Nov 09 (ANI/NewsVoir): All India Occupational therapists' association (AIOTA) President Dr Anil Srivastava today urged Government to include Occupational Therapy (OT) in key policies such as the National Health Policy, Rural H ... read..


Landmark sets a new benchmark by adding 2000 families during Diwali 2019
Ahmedabad (Gujarat) | November 9, 2019 4:41:47 PM IST
In the recently concluded Diwali season in the country, India's largest multi-brand automative dealership group, 'Group Landmark' has set yet another milestone in the automotive sector. ... read..


ADB approves $300 million for power transmission expansion in Bangladesh
Manila | November 9, 2019 4:41:36 PM IST
The Asian Development Bank (ADB) has approved a 300 million dollar loan for a project to expand power transmission lines in Greater Dhaka and western zone of Bangladesh. ... read..


US stocks end higher amid trade observation, consumer data
New York | Saturday, 2019 1:15:05 PM IST
US stocks closed higher, ending the week on an upbeat note, as investors continued to gauge the development of US-China trade scenarios, and the market was backed by the latest consumer sentiment. ... read..


Indiabulls Real Estate's Q2 profit jumps four times to Rs 301 crore
Mumbai (Maharashtra) | November 9, 2019 1:11:38 PM IST
Indiabulls Real Estate Ltd (IREL) has reported almost four-fold jump in its consolidated net profit to Rs 301 crore in the second quarter of current fiscal (Q2 FY20) from Rs 76 crore in Q2 FY19. ... read..


LambdaTest receives another pre-series A funding of USD 2M
| November 9, 2019 12:11:38 PM IST
California [USA] Nov 09 (ANI/NewsVoir): LambdaTest, one of the leading browser compatibility and automation testing platform announced it has received Pre-Series A funding of USD 2 million. ... read..


Brickwork Ratings downgrades Vodafone Idea NCDs
New Delhi | November 9, 2019 11:41:37 AM IST
Brickwork Ratings has downgraded Vodafone Idea's rating on non-convertible debentures (NCDs) citing the recent Supreme Court ruling on adjusted gross revenue (AGR) and extension of timeline with regard to the sale of stake in Indus Tower to Bharti Infrate ... read..


US dollar rises as risk appetite improves
New York | Saturday, 2019 10:45:05 AM IST
The US dollar rose on Friday as investors' sentiment was lifted by possible good progress in US-China trade talks and thus they turned to riskier assets. ... read..


Over 60k apply for VRS in BSNL/MTNL in 4 days: Telecom Secy (Lead)
New Delhi | Saturday, 2019 6:15:06 AM IST
Over 60,000 employees have applied for Voluntary Retirement Scheme (VRS) in BSNL and MTNL, telecom secretary Anshu Prakash said on Friday. ... read..


No NEFT charges for savings A/C holders from Jan 2020: RBI
New Delhi | Saturday, 2019 6:15:06 AM IST
The Reserve Bank of India (RBI) has directed banks not to charge savings account holders for NEFT with effect from January 2020. ... read..


'Triple balance sheet' may slow growth to just 4.8% in FY20: Nomura
New Delhi | Saturday, 2019 5:15:05 AM IST
Non-Banking Financial Companies (NBFC) are fighting for survival as they raised just 9 per cent year-to-date in FY20 compared to a peak growth of 30 per cent in FY18 and along with high NPAs and stressed corporates, it has created a crisis situation of "t ... read..


'Currency, liquor, FMCG most affected by counterfeiting'
New Delhi | Saturday, 2019 4:15:05 AM IST
Currency, liquor and FMCG are among the most affected sectors by counterfeiting activities and the most number of counterfeit cases are reported in these sectors, according to a survey by Authentication Solutions Providers' Association (ASPA). ... read..


Three years of DeMo: Cash circulation continues to thrive (Lead)
New Delhi | Saturday, 2019 4:15:05 AM IST
Government's core objective of carrying out -- demonetisation -- three years ago, has remained unfulfilled, as data showed an increase in the level of hard currency in the system. ... read..


SBI reduces MCLR by 5 bps; seventh cut in FY20
Mumbai | Saturday, 2019 3:45:05 AM IST
Lending major State Bank of India has reduced its MCLR (Marginal Cost of Funds based Lending Rate) by 5 basis points across all tenors. ... read..


Three years of DeMo: Cash circulation continues to thrive
New Delhi | Saturday, 2019 3:45:05 AM IST
Government's core objective of carrying out -- demonetisation -- three years ago, has remained unfulfilled, as data showed an increase in the level of hard currency in the system. ... read..


Air India aircraft suffers 'tail fire', passengers safe
Raipur | Saturday, 2019 3:15:05 AM IST
National carrier Air India's Bhubneshwar-Mumbai flight ... read..


Largest CV maker Ashok Leyland's net profit plunges 93%
Mumbai | Saturday, 2019 1:45:05 AM IST
India's largest commercial vehicle maker Ashok Leyland on Friday said that its net profit fell by 93 per cent to Rs 39 crore in the September quarter from Rs 528 crore reported in the corresponding quarter of last year, indicating severe stress in India's ... read..


Andhra to attract Rs 2 lakh cr investment in petroleum sector
Hyderabad | Saturday, 2019 1:45:05 AM IST
Union Minister for Petroleum, Natural Resources and Steel Dharmendra Pradhan on Friday said that Andhra Pradesh would get Rs 2 lakh crore investments in the next five years as world leaders in petroleum sector are willing to invest in the east coast. ... read..


Diversity makes Himachal perfect investment destination: Goyal
Dharamsala | Saturday, 2019 1:15:05 AM IST
Union Commerce Minister Piyush Goyal on Friday noted that the diversity of Himachal Pradesh has made it the perfect destination for investment. ... read..


Moody's upsets investors' mood, Sensex loses 330 pts (Roundup)
Mumbai | Friday, 2019 11:45:05 PM IST
Selling intensified towards the closing bell on Friday after markets digested Moody's downgrade of India's sovereign outlook from 'stable' to 'negative' citing increasing risks to the country's economic growth. ... read..


'Job seekers must enhance skills for new business ecosystem'
New Delhi | Friday, 2019 11:45:05 PM IST
Job seekers will have to train and enhance their skill to get jobs in the transforming business ecosystem, according to a report by shine.com. ... read..


BSNL gets 50,000, MTNL 3000 application for VRS
New Delhi | Friday, 2019 10:45:06 PM IST
The Union government on Friday said BSNL's VRS programme has received overwhelming response where it has received 50,000 applications and MTNL has been able to get 3000 employees opting for the scheme in just 4 days. ... read..


Moody's downgrades India's key financial institutions
Mumbai | Friday, 2019 10:45:06 PM IST
Moody's Investor Services on Friday downgraded financial institutions closely linked to the Indian government's sovereign rating from 'stable' to 'negative' after a similar rating action on India's sovereign outlook which elicited a quick response from th ... read..


Infosys opens digital innovation centre in Germany's Dusseldorf
Bengaluru | Friday, 2019 10:15:06 PM IST
Global software major Infosys opened its digital innovation centre at Dusseldorf in Germany on Friday to support its European clients and train its local staff. ... read..


Centre unlikely to consider Odisha's demand on coal royalty
Bhubaneswar | Friday, 2019 10:15:06 PM IST
The Centre is unlikely to consider the Odisha government's demand for revision of coal royalty as Union Coal and Mines Minister Prahlad Joshi on Friday said that it is linked to the power tariff. ... read..


Moody's upsets investors' mood, Sensex loses 330 pts (Lead)
Mumbai | Friday, 2019 9:45:06 PM IST
Selling intensified towards closing bell on Friday after markets' upward momentum was hit by Moody's downgrade of India's sovereign outlook from 'stable' to 'negative' citing increasing risks to the country's economic growth. ... read..


Economic slowdown biggest negative impact of DeMon: Survey
New Delhi | Friday, 2019 9:45:06 PM IST
A survey on the impact of demonetisation, done three years after it was done, has revealed its impact -- 32 per cent said it caused loss of earnings for many unorganised sector workers, 2 per cent said it was a sizable migration of labour to villages and ... read..


NGC Energy to build Rs 400 cr LPG terminal in Krishnapatnam Port
Chennai | Friday, 2019 9:45:06 PM IST
Overseas firm NGC Energy India is putting up a Rs 400-crore 30,000 ton liquified petroleum gas (LPG) import and storage terminal at Krishnapatnam Port in Andhra Pradesh, a senior group official said on Friday. ... read..


Bharat Forge says past quarter toughest in decade
Mumbai | Friday, 2019 9:15:05 PM IST
For the Pune-based manufacturing major Bharat Forge, the business environment in the past quarter has been the "toughest period witnessed by the company in the decade". ... read..


DoT checking if SC's AGR definition goes beyond telcos
New Delhi | Friday, 2019 9:15:05 PM IST
The Department of Telecom's licensing division is currently checking if the Supreme Court order on telecom revenue applies to any user company of spectrum and also to those who own a valid telecom licence after telcos brought it informally to the DoT bras ... read..


Nissan India bags sizeable export orders for Datsun, Sunny
Chennai | Friday, 2019 8:45:05 PM IST
Car maker Nissan Motor India is buoyant about the export market and plans to ship out over 8,000 Datsun and 65,000 Sunny cars till next year, said a top official of Renault Nissan Alliance India Pvt Ltd (RNAIPL). ... read..


Asia's largest show on smart and safe mobility opens in Mumbai on November 20
| November 8, 2019 8:11:54 PM IST
Mumbai (Maharashtra) [India] Nov 08 (ANI/BusinessWire India): The 8th edition of Traffic InfraTech expo along with Parking InfraTech and Smart Mobility expo open in Mumbai on November 20 with participation from over 100 exhibitors from different countries ... read..


Goa hosts the Biggest 'National Student Meet 2019' by Arena Animation
| November 8, 2019 8:11:50 PM IST
Panaji (Goa) [India] Nov 08 (ANI/NewsVoir): Arena Animation, the Pioneer, Trendsetter and Global Leader in Animation and VFX education in India recently organized its Biggest 'National Student Meet 2019' in Goa - an opportunity where Arena Animation stude ... read..


Real estate platform TEAL raises Rs 5 crore from Info Edge India in seed funding
New Delhi | November 8, 2019 8:11:52 PM IST
Real estate intelligence startup Terra Economics and Analytics Lab (TEAL) said on Friday it has secured its first round of funding totalling Rs 5 crore from Info Edge India Ltd. ... read..


Amravati District Administration and CropLife India raises awareness in medical fraternity of Amravati, Maharashtra
| November 8, 2019 7:12:06 PM IST
Amravati (Maharashtra) [India] Nov 08 (ANI/NewsVoir): CropLife India, an association of 18 R&D driven crop science companies, in collaboration with Amravati District Administration, today organized a Continuing Medical Education (CME) Program for the ... read..


MaxVIL Back to strong profits in Q2; Q2 EBIDTA up 5.3x to develop another Grade A plus Office Complex on Noida Expressway
| November 8, 2019 7:12:00 PM IST
New Delhi [India] Nov 08 (ANI/NewsVoir): Max Ventures and Industries Limited (MaxVIL), a part of the US$ 3.2 billion Max Group, operates across two core businesses of Real Estate in NCR and Specialty Packaging Films. ... read..


Moody's takes rating action on 12 Indian FIs, 8 corporates, 8 sovereign-linked infra firms
| November 8, 2019 7:11:52 PM IST
Moody's Investors Service on Friday took rating action on 11 Indian financial institutions (FIs), eight non-financial corporates and eight sovereign-linked Indian infrastructure companies, a day after it changed the outlook on India's Baa2 sovereign ratin ... read..


Voda, Yes Bank out of MSCI; SBI Life, DLF make inroads
Mumbai | Friday, 2019 6:45:05 PM IST
Eight stocks, including Berger Paints, DLF, SBI Life Insurance have been added to the recent rejig of the Morgan Stanley Capital International (MSCI) index, while six struggling scrips of Yes Bank, India Bulls Housing Finance, Bharat Heavy Electricals Ltd ... read..


Moody's cuts India outlook to 'negative', Govt counters (2nd Lead)
New Delhi | Friday, 2019 6:15:05 PM IST
Global rating agency Moody's Investors Service on Friday cut India's outlook from 'stable' to 'negative' reflecting increasing risks to the country's economic growth and the government's failure in addressing long-standing economic and institutional weakn ... read..


Snowfall in Kashmir damages apple orchards, cripples life
Srinagar | Friday, 2019 6:15:05 PM IST
Heavy snowfall over the past 36 hours has caused massive damage to apple trees as life was thrown out of gear in the Kashmir Valley for the second day on Friday. ... read..


UC Browser, Paytm Mall, Paytm First join hands for the 11.11 UC Shopping Festival
| November 8, 2019 6:11:44 PM IST
New Delhi [India] Nov 08 (ANI/NewsVoir): UC Browser, world's No 1 third-party mobile browser and a content platform from Alibaba Innovation Initiatives Business Group, has teamed up with Paytm Mall and Paytm First to jointly offer the 11.11 UC Shopping Fe ... read..


DHS Maharashtra and PHFI announce partnership for prevention of NCDs
| November 8, 2019 6:11:43 PM IST
Pune (Maharashtra) [India] Nov 08 (ANI/NewsVoir): India is currently faced with the triple burden of communicable, non-communicable diseases (NCDs) and injuries. ... read..


RBI asks banks not to charge savings account customers for NEFT
Mumbai (Maharashtra) | November 8, 2019 6:11:40 PM IST
The Reserve Bank of India (RBI) on Friday mandated banks not to charge savings account holders for National Electronic Funds Transfer (NEFT) from January 2020. ... read..


Oilmeal exports dropped 55% y-o-y in October: SEA
New Delhi | Friday, 2019 4:45:06 PM IST
India's oilmeal exports have dropped 55 per cent year-on-year in October, said the Solvent Extractors Association of India (SEA). The country exported 105,085 tonne of oilmeal during the month this year against 233,867 tonne in October 2018, said SEA. ... read..


Altina Entrepreneurs Excellence awards presented for promoting entrepreneurship
| November 8, 2019 4:41:49 PM IST
Mumbai (Maharashtra) [India] Nov 08 (ANI/BusinessWire India): A total of 313 SME companies were listed on SME platform of BSE during last seven years of its existence. ... read..


Conquering the new trend- Trendy Traders
| November 8, 2019 4:41:47 PM IST
Mumbai (Maharashtra) [India] Nov 08 (ANI/Digpu): India has seen a growth in the number of traders in the past few years and despite this growth, the percentage of people who trade is far less. ... read..


Sussanne Khan receives Asia's most influential designer award
| November 8, 2019 4:41:41 PM IST
Kuala Lumpur [Malaysia] Nov 08 (ANI/NewsVoir): The Designer of the Year Awards (DOTY) 2019 celebrated their 10th Diamond Anniversary. ... read..


Bizom on secrets of building a growing, India-first SaaS Business
| November 8, 2019 4:41:40 PM IST
Bengaluru (Karnataka) [India] Nov 08 (ANI/NewsVoir): This year, Bizom, a retail intelligence SaaS company, will exceed $5M in annual revenue with more than 95 per cent generated from Indian customers. ... read..


NGC Energy invests Rs 400 Crore in LPG import, storage terminal at Krishnapatnam Port
| November 8, 2019 4:41:38 PM IST
Chennai (Tamil Nadu) [India] Nov 08 (ANI/NewsVoir): NGC Energy, a JV between National Gas Company, Oman and Petredec India Pte Ltd, Singapore today formally began development of the LPG Import and Storage Terminal at Krishnapatnam Port at an investment of ... read..


Sensex falls by 330 points after Moody's downgrades India outlook to negative
Mumbai (Maharashtra) | November 8, 2019 4:41:36 PM IST
Equity benchmark indices ended 0.8 per cent lower after a volatile afternoon session on Friday as Moody's Investors Service downgraded India's sovereign outlook from stable to negative on mounting concerns that the economic slowdown will be prolonged. ... read..


Moody's takes rating actions on 11 Indian financial institutions after change in sovereign outlook
| November 8, 2019 4:11:48 PM IST
Moody's Investors Service on Friday revised its outlook of six Indian financial institutions (FIs) to negative from stable. ... read..


Sensex, Nifty opens lower
Mumbai | Friday, 2019 3:45:05 PM IST
Indian markets opened lower at 40,630.56 on Friday after hitting record levels during the past sessions. ... read..


Moody's lowers India's outlook to 'negative' from 'stable'
New Delhi | Friday, 2019 3:45:05 PM IST
Moody's Investors Service has downgraded its outlook on India's ratings to "negative" from "stable", attributing increasing risks that the country's economic growth will remain lower than in the past. ... read..


Strong buying in HDFC, RIL, Infosys powering markets
Mumbai | Friday, 2019 2:45:05 PM IST
Indian markets have now surpassed the pre-budget levels on the back of heavyweight scrips like Reliance Industries, HDFC twins, Infosys and SBI. Along with these scrips, the other beaten down stocks have propelled the S&P BSE Sensex to new record highs. ... read..


Rs 2,000 notes being hoarded by people, can be demonetised: ex-DEA secy Garg
New Delhi | November 8, 2019 2:41:38 PM IST
Former Secretary at the Department of Economic Affairs (DEA) Subhash Chandra Garg has claimed that a large chunk of Rs 2,000 currency notes have been hoarded by people and are not in circulation. ... read..


Air India CMD tries to quell protests against disinvestment
Mumbai (Maharashtra) | November 8, 2019 1:41:43 PM IST
A day after employee unions of Air India decided to oppose privatisation of the government-owned airline, Chairman and Managing Director Ashwani Lohani said the management is taking steps to protect genuine interests and there should be no cause of concer ... read..


Amazon to e-tail Himachali wares locally, globally
Dharamshala/Bengaluru | Friday, 2019 1:20:54 PM IST
E-commerce behemoth Amazon and the Himachal Pradesh on Thursday inked multiple agreements to e-tail the state's wares locally and globally. ... read..


PNB Housing Finance raises Rs 2,500 cr via NCD issue to LIC
Mumbai | Friday, 2019 1:20:54 PM IST
Housing finance company PNB Housing Finance has raised Rs 2,500 crore through the issue of secured redeemable non-convertible debentures (NCDs) to state-run LIC. ... read..


Rajasthan Governor urges banks to support MSMEs
Jaipur | Friday, 2019 1:20:53 PM IST
Rajasthan Governor Kalraj Mishra on Thursday urged the banking sector to be more supportive towards the micro, small and medium Enterprises (MSMEs) in the state. ... read..


Tamil Nadu got Rs 6,500 cr new investments in past one year
Chennai | Friday, 2019 1:20:53 PM IST
Tamil Nadu Chief Minister K. Palanswami on Thursday said the state has received Rs 6,500 crore investments in the last one year. ... read..


300% increase in ex-gratia for fatal coal mine accidents
Talcher | Friday, 2019 1:20:53 PM IST
Union Coal and Mines Minister Pralhad Joshi on Thursday announced 300 per cent hike in ex-gratia amount for fatal coal mines accidents from Rs 5 lakh to Rs 15 lakh. ... read..


Vibrant Gujarat guiding model to woo investments: HP CM
Dharamsala | Friday, 2019 1:20:53 PM IST
Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday said the Vibrant Gujarat events organised by Narendra Modi as Chief Minister of Gujarat showed the way to attract investment to the state that resulted in investment deals worth Rs 92,439 crore. ... read..


RBI panel calls for strong corporate governance in CICs (Lead)
New Delhi | Friday, 2019 1:20:52 PM IST
An RBI Working Group (WG) has suggested that core investment companies (CICs) should implement stronger governance practices like formation of board level committees, appointment of independent directors, and internal audits. ... read..


PIET holds Edu Leaders 4.0 summit on 'Education 4.0-Future of Learning'
New Delhi | November 8, 2019 1:11:34 PM IST
Panipat Institute of Engineering and Technology (PIET), one of Northern India's premier educational institutions of technical and managerial excellence organised First of its kind education summit - EduLeaders 4.0. ... read..


DLF reports 18 pc growth in Q2 net profit at Rs 444 crore, appoints new CFO
New Delhi | November 8, 2019 12:41:37 PM IST
India's largest real estate company DLF Group's net profit stood at Rs 444 crore in the July to September quarter, up 18 per cent in the year-ago period. ... read..


Pullman New Delhi Aerocity introduces Club by Pullman
| November 8, 2019 12:11:36 PM IST
New Delhi [India] Nov 08 (ANI/NewsVoir): Club by Pullman is a perfect blend of luxury and comfort with distinctive amenities, specially designed keeping in mind the requirement of today's traveller. ... read..


International e-wallet S Block Quantum Leap and Running Horses Films announce Bollywood collaboration
| November 8, 2019 12:11:35 PM IST
New Delhi [India] Nov 08 (ANI/NewsVoir): Singapore-based S Block Quantum Leap and Running Horses Films today announced their first Bollywood co-production. ... read..


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