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  Angel Broking’s Rs 600-crore IPO to open on Sep 22; price band set at Rs 305-306

  September 18, 2020 19:21 IST

  Angel Broking on Friday said it will launch its initial public offering (IPO) on September 22 to raise an estimated Rs 600 crore. The company has fixed a price band of Rs 305-306 per share for its IPO, Angel Broking said in a virtual press conference.

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  Here's why Google removed Paytm app from Play Store

  September 18, 2020 17:35 IST

  Online payment app Paytm on Friday was pulled out from the Google's Android Pay Store. According to Google, the app will no longer be available to download till further decision by the tech giant. However, there won't be any affect on existing customers who are using the application on their Android phones.

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  Sensex drops 134 points; financial stocks drag

  September 18, 2020 16:06 IST

  Domestic equity benchmark Sensex ended 134 points lower on Friday, dragged by losses in financial stocks amid mixed global cues.

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  Gold Price Today: Gold rises Rs 224; silver gains Rs 620

  September 18, 2020 15:56 IST

  Gold prices rose Rs 224 to Rs 52,672 per 10 grams in the national capital on Friday in line with strong international prices of the precious metal, according to HDFC Securities. 

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  Chingari app inks music licensing deal with T-Series

  September 18, 2020 14:19 IST

  As a result of the partnership, all Chingari users in India, other Saarc nations, and in the Middle East will get access to the music collection of T-Series, the company said.

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  Dr Reddy's shares extend rally; zoom nearly 10 pc  

  September 18, 2020 12:17 IST

  Shares of Dr Reddy's Laboratories jumped nearly 10 per cent in early trade on Friday after the company said it has settled a litigation with a unit of Bristol Myers Squibb related to patents for Revlimid (lenalidomide) capsules, used in the treatment of cancer. Continuing its rally for the fourth consecutive day, the stock gained 9.86 per cent to Rs 5,302.85 -- its record high level -- on the BSE.

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  Amended FDI policy will enhance Ease of Doing Business: Piyush Goyal hails PM Modi's decision

  September 18, 2020 11:20 IST

  Union Minister Piyush Goyal on Friday applauded Prime Minister Narendra Modi's decision to amend FDI Policy in Defence Sector. Goyal took to Twitter and said that this move will allow upto FDI up to 74% via automatic route & beyond 74% to be permitted through the Government route.

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  Indian Railways modernisation will bring paradigm shift, win-win situation for everyone: Niti Aayog

  September 17, 2020 17:48 IST

  National Institution for Transforming India (NITI Aayog) CEO Amitabh Kant on government objective to modernise and improve passengers expeirence on Indian Railways said the modernisation of Railways is a win-win situation for everyone.

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  Walmart Foundation announces two new grants to help India's smallholder farmers

  September 17, 2020 12:27 IST

  Walmart Foundation, the philanthropy arm of retail major Walmart, on Thursday announced two new grants, totalling USD 4.5 million (around Rs 33.16 crore) to help improve farmer livelihoods in India. 

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  Happiest Minds Technologies makes bumper market debut; shares zoom over 111 pc

  September 17, 2020 11:53 IST

  Shares of Happiest Minds Technologies Ltd were off to a flying start on domestic bourses on Thursday as they got listed with a premium of over 111 per cent against an issue price of Rs 166 per share. 

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  Trump says looking into Oracle-TikTok deal to ensure no compromise on security

  September 17, 2020 8:09 IST

   US President Donald Trump has said he is looking into American major Oracle's reported bid for the Chinese-owned video-sharing app TikTok and want to ensure there is no compromise on national security before approving the deal.

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  Bill to bring cooperative banks under RBI's supervision passed in Lok Sabha

  September 16, 2020 21:54 IST

  The bill, which comes in the backdrop of the PMC Bank scam, seeks to strengthen cooperative banks by increasing their professionalism, enabling access to capital, improving governance and ensuring sound banking through the RBI.

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  TikTok's global headquarters to be placed in United States to avoid Trump's ban

  September 16, 2020 20:16 IST

  China's ByteDance has decided to place the headquarters of its popular video platform app TikTok in the US in order to escape President Donald Trump's ban, official media reported on Wednesday.

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  Dr Reddy's Lab shares jump over 4% after Russia COVID-19 vaccine Sputnik V agreement

  September 16, 2020 19:48 IST

  Shares of Dr Reddy's Laboratories gained over 4 per cent on Wednesday after the company and Russia's sovereign wealth fund RDIF agreed to supply 100 million (10 crore) doses of Sputnik V COVID-19 vaccine to the drug maker upon getting regulatory approval in India.

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  Gold Price Today: Gold slips Rs 137; silver too declines Rs 517

  September 16, 2020 16:07 IST

  Gold prices fell Rs 137 to Rs 53,030 per 10 gram in the national capital on Wednesday amid rupee appreciation, according to HDFC Securities. 

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  Sensex surges 258 points; Nifty reclaims 11,600

  September 16, 2020 16:02 IST

  Domestic equity benchmark Sensex jumped 258 points on Wednesday following gains in HDFC Bank, Infosys and M&M amid sustained foreign fund inflows. 

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  Will take necessary measures to promote growth: RBI Governor

  September 16, 2020 12:38 IST

  RBI Governor Shaktikanta Das on Wednesday assured the industry that the central bank will take all necessary measures to ensure liquidity in the system and promote economic growth.

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  Toyota announces investment of over ₹2,000 cr in India; denies reports of suspending expansion plans

  September 16, 2020 10:09 IST

  Toyota will not suspend its expansion plans in the Indian market, the company has clarified. In a statement on Tuesday, Toyota Motor Corp. said it remains committed to the Indian market and its local unit has announced an investment of more than ₹2,000 crores. 

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  SBI issues new guidelines for OTP-based ATM withdrawal facility: All you need to know

  September 15, 2020 21:09 IST

  The State Bank of India (SBI) has announced new guidelines on cash withdrawal by its customers having OTP based ATM cards. SBI has extened the time for the OTP-based cash withdrawal from its ATMs.

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  Gold Price Today: Gold rises by Rs 422, silver jumps Rs 1,013

  September 15, 2020 16:29 IST

  Gold prices rose by Rs 422 to Rs 53,019 per 10 gram in the national capital on Tuesday amid rupee depreciation and positive global trend, according to HDFC Securities.

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  Sensex rallies 288 points; Nifty tops 11,500

  September 15, 2020 16:11 IST

  Domestic equity benchmark Sensex surged 288 points on Tuesday, tracking strong buying sentiment in banking counters amid positive cues from global markets. 

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  Tomato prices soar in Delhi; now being sold at Rs 70-80 per kg

  September 15, 2020 14:18 IST

  The price of tomato has soared in Delhi and the vegetable is now being sold at Rs 70-80 per kg in the national capital. During the lockdown, the price of tomato remained Rs 20-30 per kg. Retail prices of almost all vegetables, including potato, onion, capsicum and tomato, have increased two to three times in Delhi.

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  Indian economy to shrink 9 pc in FY21: ADB

  September 15, 2020 12:47 IST

  India's coronavirus-battered economy will shrink by 9 per cent this fiscal, the Asian Development Bank (ADB) predicted on Tuesday saying growth outlook remains highly vulnerable to either a prolonged outbreak of the pandemic or a resurgence of cases. This will be the first time in four decades that the Indian economic growth will contract.

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  Happiest Minds IPO allotment status finalised. Here's how to check

  September 15, 2020 10:29 IST

  The allotment of Happiest Minds IPO has been finalised and for the second time, Ashok Soota - a pioneer of India’s information technology services industry has hit India IPO jackpot. Ashok Soota has headed three outsourcing companies, including Wipro Ltd. He has also taken two of them public. 

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  ICICI Bank gets exemption from paring stake in insurance subsidiaries for 3 years

  September 15, 2020 8:45 IST

  ICICI Bank on Monday said it has got an exemption from paring stake in its life and non-life subsidiaries to 30 per cent for a period of three years. 

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  FDI inflow from China declines as relations get tense

  September 15, 2020 8:07 IST

  The tense relations between India and China has affected the investment of Chinese companies as the foreign direct investment (FDI) of Chinese companies in India has declined significantly in the last three years, Minister of State for Finance Anurag Thakur said in a reply to a question in the Lok Sabha.

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  Govt bans export of onions with immediate effect

  September 14, 2020 22:49 IST

  The government on Monday banned the export of onions with immediate effect. The move aimed at increasing the availability and checking price of the commodity in the domestic market.

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  RBI asks banks to use automated IT-based system for asset classification

  September 14, 2020 22:03 IST

  Concerned over manual identification of bad loans by some banks, the RBI on Monday asked lenders to introduce an automated IT-based system for asset classification and provisioning.