Hyundai competes with Tesla in EV segment, launches its first electric sedan with new emblem
Jul 15, 2022, at 01:52 am
Seoul/IBNS: Hyundai Motor Company on Thursday introduced its first electric sedan Ioniq 6 to compete against electric vehicle (EV) giant Tesla Inc.
PNB MetLife announces Rs 594 cr bonus for 4.95 lakh participating policyholders
Jul 14, 2022, at 11:58 pm
Kolkata: PNB MetLife India Insurance Company Limited (PNB MetLife) has announced a bonus of Rs 594 crore for all eligible policyholders of participating products for FY22.
96 lakh MSMEs registered on Udyam portal in two years: MSME Secretary
Jul 14, 2022, at 10:28 pm
New Delhi/UNI: Within two years of the adoption of the new definition for MSMEs, and the subsequent launch of the Udyam portal, almost 96 lakh MSMEs, with the employment of 7.34 crore, have registered, Secretary for the Ministry of Micro, Small & Medium Enterprises (MSME) B B Swain said Thursday.
5G Auction: Reliance Jio to bid up to Rs 60,ooo cr, Airtel up to Rs 50,000 cr, says report
Jul 14, 2022, at 06:57 pm
Reliance Jio Infocomm and Bharati Airtel are expected to bid for the 5G spectrum rights in the range of Rs 55,000-Rs 60,00 crore and Rs 45,000 to Rs 50,000 crore, respectively, in the airwave auction going to start on July 26, ET reported, citing experts and analysts.
RBI slaps Rs 1.7 cr fine on Ola Financial Services for non-compliance
Jul 14, 2022, at 06:54 pm
Mumbai: The Reserve Bank of India (RBI) slapped a Rs 1.67 crore fine on Ola Financial Services Ltd, the financial arm of app-based ride-hailing firm Ola, for non-compliance with its prepaid payment instrument (PPI) and know-your-customer (KYC) guidelines.
DRI alleges Customs duty evasion of Rs 4389 crore by Chinese phone-maker Oppo India
Jul 14, 2022, at 06:50 pm
After Xiaomi and Vivo, raids were conducted at the office premises of another Chinese phone maker Oppo and allegedly detected customs duty evasion of Rs 4389 crore, the finance ministry said.
June retail inflation at 7 pc continues to be above RBI target for 6 months
Jul 14, 2022, at 05:20 am
New Delhi: India's June retail inflation dipped marginally to 7.01 percent in June to 7.04 percent in May, according to government data released on Tuesday, breaching Reserve Bank of India (RBI) target of 2 to 6 percent for six consecutive months.
Kolkata based cloud kitchen enters Bengaluru market
Jul 14, 2022, at 04:47 am
Kolkata, Bengaluru/IBNS: Kolkata based cloud kitchen ‘edabba’ has entered the Bengaluru market through collaboration with Mukanda Foods.
QSR brand ZOMOZ joins hands with Rebel Foods, sees uptick in business
Jul 14, 2022, at 03:38 am
Hyderabad/IBNS: Hyderabad-based quick-service restaurant chain ZOMOZ, which faced a downturn owing to the pandemic situation, claims to have recovered lost ground after they joined hands with Rebel Foods, a leading internet restaurant company.
SSG Insurance incentivises users to choose healthy living
Jul 14, 2022, at 12:30 am
New Delhi/IBNS: Health and fitness enterprise StepSetGo (SSG) partnered with insurtech firm Symbo Insurance to launch a pocket-friendly health insurance option called SSG Health Insurance.
India coping better than other countries amid Ukraine-Russia crisis: Amit Shah
Jul 14, 2022, at 12:24 am
New Delhi/IBNS: Union Home Minister Amit Shah on Tuesday said the economic slowdown in India is controlled compared to other nations.
IDBI Bank inaugurates a new Zonal Office at Patna
Jul 13, 2022, at 11:52 pm
Patna: IDBI Bank on Wednesday announced opening of its new Zonal office in Patna at Sai Corporate Park, Rukanpura, Bailey Road, Patna- 800014.
Tata Motors extends the Nexon portfolio with XM+ (S) variant
Jul 13, 2022, at 11:39 pm
Mumbai: Celebrating its leadership position in the SUV segment, Tata Motors, India’s leading automotive brand, today introduced a new variant enriching the Nexon portfolio - the XM+(S).
Indian Rupee falls 4 paise against USD
Jul 13, 2022, at 10:39 pm
Mumbai: The Rupee on Wednesday dropped four paise to close at 79.63 against the USD on brisk demand for US Dollar from bankers and importers , dealers at the Foreign Exchange said.
Delhi HC allows Chinese phone maker Vivo to use accounts frozen by ED but with a rider
Jul 13, 2022, at 10:18 pm
Delhi: The Delhi High Court on Wednesday allowed Chinese phone maker Vivo to operate its bank accounts in India, frozen by the Enforcement Directorate (ED) in a money laundering case, media reports said.
Indian Market: Sensex down 372.46 by points
Jul 13, 2022, at 09:51 pm
Mumbai: The BSE Sensex on Wednesday slid 372.46 points to settle at 53,514.15 as selling was seen in Power, Utilities, Oil and Gas and Energy stocks.
Nissan launches Magnite RED Edition in India at Rs. 7.86 Lakhs
Jul 13, 2022, at 08:06 pm
Gurugram: Nissan Motor India on Wednesday announced the launch of its Big, Bold, Beautiful SUV, the Nissan Magnite RED Edition, with prices starting at Rs. 7,86,500 lakh (ex-showroom, Delhi).
Sensex recovers by over 200 points
Jul 13, 2022, at 04:37 pm
Mumbai/UNI: The BSE Sensex Wednesday recovered 226.56 points at 54,113.17 as buying was seen in Finance, FMCG, Health Care and IT stocks.
Indian Overseas Bank hikes interest rate on deposits
Jul 12, 2022, at 11:59 pm
Chennai-based public sector bank, Indian Overseas Bank, decided to increase the interest rates offered on the medium-term deposits by 05 basis points.
Godrej Appliances launches new health care innovation – Godrej InsuliCool
Jul 12, 2022, at 09:50 pm
Mumbai: Godrej Appliances, business unit of Godrej & Boyce, the flagship company of the Godrej Group, has been actively contributing towards building the nation’s healthcare infrastructure.
Godrej Appliances launches new health care innovation – Godrej InsuliCool
Jul 12, 2022, at 09:50 pm
Mumbai: Godrej Appliances, business unit of Godrej & Boyce, the flagship company of the Godrej Group, has been actively contributing towards building the nation’s healthcare infrastructure.
TATA AIA Life Insurance, City Union Bank announce partnership
Jul 12, 2022, at 09:46 pm
Chennai: Tata AIA Life Insurance Co Ltd on Tuesday announced a strategic alliance with City Union Bank (CUB) to offer life and health insurance solutions to the Bank’s consumers.
Indian Market: Sensex down 508.62 pts
Jul 12, 2022, at 09:31 pm
Mumbai: The BSE Sensex on Tuesday dropped further by 508.62 points to settle at 53,886.61 as selling was seen in Technology, Metal, Auto and IT stocks.
OMC's IOC, BPCL, & HPCL could cross Rs 10,000 cr mark in losses
Jul 12, 2022, at 08:23 pm
New Delhi/IBNS: Oil Marketing majors Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum could post a total loss of Rs 10,700 crore mark in June quarter, as per media reports.
Business at Ajmer Dargah nosedives after hate speech by clerics: Report
Jul 12, 2022, at 07:25 pm
Ajmer: The provocative statements made by the three khadims of Ajmer Dargah on expelled BJP spokesperson Nupur Sharma have caused the business to fall by 90 percent and traders fear a loss of at least Rs 50 crores, according to media reports.
Mahanadi Coal Railway Ltd (MCRL) to efficiently evacuate coal in Talcher Coalfields
Jul 12, 2022, at 06:01 am
New Delhi: In order to ensure efficient coal evacuation, construction of rail line has been started in a phased manner in Talcher Coalfields namely MCRL (Mahanadi Coal Railway Limited).
SpiceJet's logistics & cargo business Spicexpress to be hived off by Aug first week: Report
Jul 12, 2022, at 05:29 am
Mumbai: SpiceJet's logistics and cargo wing Spicexpress will be separated and the bankers and shareholders have approved the bifurcation, which will be complete by the first week of June, the carrier's CMD Ajay Singh has said, reported media.
Jul 11, 2022, at 11:44 pm
Mumbai/UNI: The BSE Sensex on Monday dropped 86.61 pts to settle at 54,395.23 as selling was seen in Technology, Telecom and IT stocks.
Sensex falls by over 200 points
Jul 11, 2022, at 04:58 pm
Mumbai/UNI: The BSE Sensex Monday slipped 234.79 points at 54,247.05 as selling was seen in IT, Telecom and Technology stocks.
Adani Group to join race for 5G Spectrum with Jio, Airtel
Jul 10, 2022, at 03:23 am
Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.