Business News India
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Sensex slumps over 300 pts in early trade; Nifty drops below 18,000
Market | Nov 11, 2021, 10:14 AM ISTTech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, SBI, Nestle India, Axis Bank, HCL Tech and ICICI Bank.
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India poised to achieve Services export target of USD 1 trillion by 2030: Piyush Goyal
Business | Nov 10, 2021, 08:41 AM ISTThe theme of the Global Services Conclave 2021 was 'India Serves: Exploring Potential Growth Sectors Beyond IT/ITes'.
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Nirmala Sitharaman to attend G20 Joint Finance, Health Ministers' meeting in Rome
Business | Oct 28, 2021, 11:07 AM ISTFM Sitharaman will be discussing measures to strengthen COVID pandemic prevention, preparedness and response. The meeting precedes G20 Rome Summit.
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India to become USD 5 trillion economy by 2024-25: Hardeep Puri
Business | Oct 22, 2021, 12:23 PM ISTOn Air India privatisation, minister Hardeep Puri said given the fact that both the bids were higher than the reserved price, only proved that Air India was a first-rate asset.
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Biz2Credit plans to invest $100 million in India over next 5 years
Business | Oct 14, 2021, 01:41 PM ISTFounded in 2007, Biz2Credit is backed by Nexus Venture Partners. In 2019, the online lending platform completed a Series B capital financing round of USD 52 million led by WestBridge Capital.
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Air India under Tata Group will be real challenge: IndiGo CEO Ronojoy Dutta
Business | Oct 14, 2021, 09:10 AM ISTAkasa Air, which is backed by former IndiGo president Aditya Ghosh, ace investor Rakesh Jhunjhunwala and former Jet Airways CEO Vinay Dube, got NOC from Civil Aviation Ministry on Monday.
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Infosys Q2 Net up 11.9%, raises revenue outlook on strong deal pipeline
Business | Oct 14, 2021, 08:14 AM ISTThe net profit, which is 4.4 pc higher than the preceding June quarter, came on the back of broad-based growth across verticals and geographies, strong revenue contribution from the Daimler deal, and higher adoption of digital transformation by clients.
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Infosys COO Pravin Rao set to retire, company to announce new structure soon
Business | Oct 14, 2021, 08:03 AM ISTPravin Rao will be stepping down soon, and December 11 will be his last day in the company.
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M-cap of BSE-listed companies at fresh record high of over Rs 270.24 lakh crore
Business | Oct 13, 2021, 01:35 PM ISTRallying for 5th straight session on Wednesday, 30-share BSE benchmark jumped 376.44 points to its all-time high of 60,660.75. In 5 trading days, the BSE benchmark index has gained 1,471.02 points.
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ASEAN major hub for India's global economic engagement: EAM S Jaishankar
India | Oct 07, 2021, 03:43 PM ISTSpeaking at the INDO-ASEAN business summit, EAM Jaishankar noted that India's ties with ASEAN are rooted in history, geography and culture.
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Indian diaspora immensely contributed towards UAE's growth: Piyush Goyal
World | Oct 03, 2021, 11:57 PM ISTSpeaking at an event of ICAI, Dubai, Goyal said that chartered accountants in UAE can help expand investment, interest in India.
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World is looking towards India as trusted partner: Piyush Goyal at Dubai Expo 2020
Business | Oct 01, 2021, 10:47 PM ISTPiyush Goyal inaugurated India Pavilion at Expo 2020 Dubai, which showcases India's vibrant culture, along with diverse partnership opportunities that India is capable of offering.
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BSNL seeks Rs 40,000 crore support from government
Business | Sep 30, 2021, 08:36 PM ISTBSNL CMD confirmed that he has approached the govt for support, which is beyond Rs 69,000 cr relief package that was announced in 2019.
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Banks disburse Rs 7,500 crore under Credit Guarantee Scheme for micro finance institutions
Business | Sep 29, 2021, 07:50 PM ISTThe scheme was announced by FM Nirmala Sitharaman in June as part of a Rs 6.29 lakh cr package to provide relief to various sectors affected by 2nd wave of COVID pandemic.
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India needs 4-5 more SBI sized banks: FM Nirmala Sitharaman
Business | Sep 26, 2021, 02:29 PM ISTHaving done 2 rounds of bank consolidation earlier, the Central govt in 2019 decided to merge 6 disparate and weak PSBs into four in one stroke.
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Infosys says some users continue to face difficulties, working to streamline I-T portal experience
Business | Sep 23, 2021, 01:40 PM ISTThe Bengaluru-based company, which has drawn flak for glitches continuing months after the launch of the portal in June, said it has seen steady increase in usage over the last few weeks, and over 3 crore taxpayers have logged into the portal and successfully completed various transactions.
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India on course for 9% GDP growth in FY 2022, 3rd wave still a concern
Business | Sep 01, 2021, 02:06 PM ISTThe data released by th Ministry of Statistics on Tuesday showed that the country's GDP has recovered swiftly to clock a growth of 20.1 pc in the Apr-June quarter of FY22 as against a contraction of 24.4 pc seen in the same period of previous year.
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Foreign portfolio investors invest Rs 5,001 crore in Indian equities so far in August
Business | Aug 22, 2021, 02:10 PM ISTWith the investments in Aug, the net FPI investment in the equities segment in 2021 now stands at Rs 54,037 cr.
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New companies in Uttar Pradesh to get priority listing at BSE, NSE
Business | Aug 13, 2021, 01:09 PM ISTAccording to ACS MSME Navneet Sehgal, this was decided in a meeting with NSE senior manager Rakesh Kumar on Thursday.
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SEBI probed 94 new cases for flouting securities law in FY21
Business | Aug 08, 2021, 01:37 PM ISTThe cases were related to alleged violation of securities law including market manipulation and price rigging.