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  HSBC plans to sell its iconic building at Horniman Circle in South Mumbai

  August 13, 2020 17:02 IST

  Hong Kong and Shanghai Banking Corporation (HSBC) has put the iconic building at Mumbai's Horniman Circle for sale. Horniman Circle in Mumbai is an area that features majestic British-built building that are still in fine condition and are used by corporations for businesses.

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  5G to herald data-drive intelligent fintech revolution: Huawei

  August 13, 2020 13:51 IST

  The proliferation of 5G applications will provide abundance of data with various dimensions, requiring more detailed and accurate enterprise credit assessment and anti-fraud analysis in the fintech industry, a top Huawei executive said on Thursday.

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  Deposit Rs 50L environment damage compensation with DPCC: HC to DDA

  August 13, 2020 13:45 IST

  The Delhi High Court has directed land owning agency, DDA, to deposit with pollution control body, DPCC, the environment damage compensation of Rs 50 lakh imposed on it for alleged water contamination of storm water drains on the Samalkha-Dwarka Road here.

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  Maruti to quit Gurugram plant; Sonipat, Manesar among other options for new facility

  August 13, 2020 13:48 IST

  Maruti, the country's largest car manufacturer, has decided to shift out from its Gurugram plant in Haryana, according to a TOI report. However, it plans to carry out activities via an alternative plant in Haryana itself.

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  BIG Ticket Tax Reforms: PM Modi calls it 'honouring the honest' | Top Points

  August 13, 2020 14:10 IST

  Prime Minister Narendra Modi launched a platform to honour honest taxpayers via video conferencing at 11 AM on Thursday (today). The launch of the platform for 'Transparent Taxation - Honoring the Honest' will further carry forward the journey of direct tax reforms.

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  ByteDance in talks with Mukesh Ambani's Reliance for investment in TikTok

  August 13, 2020 11:07 IST

  China's ByteDance is in early talks with Mukesh Ambani's Reliance Industries Ltd for investment in its video-based app TikTok's business in India, according to TechCrunch. The report said the two companies began conversations late last month. However, they have not reached a deal yet.

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  Sensex rises over 100 points in early trade; IT stocks shine

  August 13, 2020 10:12 IST

  In the previous session, the Sensex had settled 37.38 points or 0.10 per cent lower at 38,369.63, and the NSE Nifty slipped 14.10 points or 0.12 per cent to close at 11,308.40.

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  Nitin Gadkari calls for global investment in highways, MSME sectors

  August 12, 2020 20:22 IST

  Union minister Nitin Gadkari on Wednesday called for increased investment by international institutions and bodies in the Indian Highways and MSME sectors, the MSME Ministry said.

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  Gold Price Today: Gold plunges Rs 1,228, silver tanks Rs 5,172

  August 12, 2020 18:03 IST

  Gold prices tanked Rs 1,228 to Rs 52,946 per 10 gram in the national capital on Wednesday due to recovery in dollar and coronavirus vaccine announcement by Russia, according to HDFC Securities.

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  Sensex, Nifty end marginally lower; HCL Tech rallies over 4 per cent

  August 12, 2020 16:05 IST

  After touching a low of 38,125.81 during the day, the BSE Sensex pared most losses to end 37.38 points or 0.10 per cent lower at 38,369.63.

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  Fuel demand dips 11.7 pc in July

  August 12, 2020 16:03 IST

  India's fuel demand is beginning to flatline after showing signs of returning to life, as consumption dipped 11.7 per cent in July, official data showed.

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  PM Narendra Modi launch platform for honouring honest taxpayers

  August 12, 2020 14:47 IST

  Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman and Minister of State for Finance and Corporate Affairs, Anurag Singh Thakur will also present at the launch which will be done through a video conference.

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  Gold prices today falls to Rs 51,672 per 10 gram, silver slumps below Rs 66,000 mark

  August 12, 2020 14:33 IST

  Futures of gold and silver which were touching new highs every other day lately have started to falter in line with international markets and traders booking profits.

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  Flurry of lockdowns interrupted recovery in July 2nd half: Bajaj Auto

  August 12, 2020 14:10 IST

  The flurry of lockdowns across the country in many major cities and states interrupted the recovery in the second half of July, according to Rakesh Sharma, Executive Director, Bajaj Auto. "As a result the outcome in July was a bit lower than June retails," he added.

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  7th Pay Commission: Good News! Pay Protection Order issued for Central government employees

  August 12, 2020 12:50 IST

  7th Pay Commission: The Narendra Modi government has issued the protection of pay order to the central government employee consequent to appointment to a new post in different service or cadre in Central Government. The Department of Personnel and Training of the Ministry of Personnel, Public Grievances and Pensions has issued an Office Memorandum (OM) regarding the protection of pay.

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  UK economy officially in recession after 20.4% Q2 slump

  August 12, 2020 12:48 IST

  The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record 20.4% in the second quarter as a result of lockdown measures put in place to counter the coronavirus pandemic.  

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  Narayan Murthy's 3-point formula to revive economy

  August 12, 2020 12:31 IST

  Infosys co-founder NR Narayan Murthy has made three big suggestions as a way forward for the economy hit by coronavirus pandemic. Murthy says GDP numbers are really worrisome and has come up with a three-point formula.

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  Sensex falls over 200 points in early trade; Nifty below 11,300

  August 12, 2020 10:20 IST

  In the previous session, the Sensex had settled 224.93 points or 0.59 per cent higher at 38,407.01, while the Nifty jumped 52.35 points or 0.46 per cent to finish at 11,322.50.

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  CBDT unearths Rs 1,000 crore hawala network of Chinese companies in Delhi, Ghaziabad and Gurugram

  August 12, 2020 21:37 IST

  Income-Tax department conducted raids on premises of few Chinese individuals and their India associates for running a money laundering racket worth Rs1,000 crore, the Central Board of Direct Taxes said on Tuesday.

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  How food delivery apps like Zomato worked its way up in the time of corona

  August 11, 2020 18:39 IST

   According to Zomato's Annual report, the pandemic has positively affected the health of the business and accelerated the company's journey towards profitability. 

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  Gold Price Today: Gold declines Rs 1,317; silver also plunges Rs 2,943

  August 11, 2020 17:15 IST

  Gold prices in the national capital declined Rs 1,317 to Rs 54,763 per 10 grams on Tuesday in line with a drop in international prices of the precious metal and a rupee appreciation, according to HDFC Securities. 

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  Air India Express to get $50 mn insurance claim

  August 11, 2020 16:09 IST

  The Air India Express plane that crashed at Kozhikode airport on Friday evening was owned by the airline and was not a leased one, said an airline official.

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  Sensex jumps 225 points; Axis Bank rallies 4 per cent

  August 11, 2020 16:00 IST

  After touching a high of 38,556.27, the BSE Sensex pared some gains to end 224.93 points or 0.59 per cent higher at 38,407.01.

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  Confidence of Indian workforce steadily rising: LinkedIn survey

  August 11, 2020 15:11 IST

  As restrictions in lockdown slowly lift, confidence of the Indian workforce, be it towards finances or individual confidence, is steadily rising, a LinkedIn survey said on Tuesday.

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  Axis Bank raises Rs 10,000 crore via allotment of equity shares to QIBs

  August 11, 2020 11:58 IST

  Last week, Axis Bank had set a floor price of Rs 442.19 per equity share for its proposed Rs 15,000-crore qualified institutional placement (QIP).

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  Sensex jumps over 300 points in early trade; Nifty tops 11,350

  August 11, 2020 10:29 IST

  In the previous session, the Sensex had settled 141.51 points or 0.37 per cent higher at 38,182.08. The NSE Nifty climbed 56.10 points or 0.50 per cent to close at 11,270.15.

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  Apple CEO Tim Cook becomes a billionaire for the first time

  August 11, 2020 10:26 IST

  Apple CEO Tim Cook has for the first time become a billionaire as the Cupertino-based iPhone maker broke all previous records and is now the world's most valued company at over $1.84 trillion.

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  SpiceJet installs on-board Wi-Fi enabled entertainment system

  August 11, 2020 8:57 IST

  Airline major SpiceJet on Monday launched 'SpiceScreen', an in-flight entertainment system which enables delivery of content on to the personal devices of the passengers through Wi-Fi network.