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Mamata Banerjee opposes 'One Nation One Election' proposal, says move designed to 'subvert' Constitution | Puri Shankaracharya to skip Ayodhya Ram Temple consecration | Reliance was, is and will remain a Gujarati company: Mukesh Ambani at Vibrant Gujarat Global Summit | Abhishek Banerjee moves Supreme Court seeking 'restraint' on Justice Abhijit Gangopadhyay's remarks | Mamata Banerjee cautions TMC leaders over 'internal conflict' ahead of Lok Sabha polls | ED summons Farooq Abdullah for quizzing in money laundering case tomorrow | Suchana Seth, accused of killing son, alleged domestic violence by husband; wanted 2.5 lakh alimony | Amid strained ties with India, Maldives upgrades relationship with China; signs 20 'key' agreements | In setback for Uddhav Thackeray, Maharashtra Speaker picks Eknath Shinde faction as real Shiv Sena | In setback for Uddhav Thackeray, Maharashtra Speaker picks Eknath Shinde faction as real Shiv Sena

Indian Market: Sensex drops by 50 pts

Oct 26, 2020, at 04:04 pm

Mumbai/UNI: BSE Sensex on Monday slipped by 50 pts at 40,635.04 as selling was seen in Materials, Metals and Oil and Gas stocks.

Income tax return deadline for financial year 2019-20 now extended till Dec 31

Oct 24, 2020, at 09:45 pm

New Delhi: Giving relief to taxpayers amid COVID-19 pandemic outbreak,the Income Tax Department on Saturday extended the deadline for individual assessees to file their returns for financial year 2019-20 (assessment year 2020-21) by a month till Dec 31.

Com Secy reviews progress on recommendations of committee on business revival in J&K

Oct 23, 2020, at 11:57 pm

Srinagar:  Commissioner Secretary, Industries and Commerce Department, Manoj K. Dwivedi, Thursday reviewed progress on recommendations of the committee on business revival in Jammu and Kashmir.

IDBI Bank Q2 consolidated net at Rs 337.11 cr

Oct 23, 2020, at 11:38 pm

Mumbai/UNI: Private sector lender IDBI Bank has posted net profit of Rs 337.11 crore for the quarter ended September 30, 2020 as against net loss of Rs 3443.60 crores for the quater ended September 30, 2019.

Indian Market: Sensex up 140 pts

Oct 23, 2020, at 11:06 pm

Mumbai/UNI: BSE Sensex on Friday rose 140 pts to open at 40,700 on profit-booking by local operators at a higher level.

Indian Rupee slips 11 paise against USD

Oct 23, 2020, at 10:44 pm

Mumbai/UNI: The Rupee opened lower by 11 paise at 73.64 per dollar on Friday against previous close of 73.53, amid buying seen in the domestic equity market.

Biocon Q2FY21 revenue at Rs 1,760 cr, up 10 pc

Oct 23, 2020, at 10:42 pm

Bengaluru/UNI: Biocon Ltd, an innovation-led global biopharmaceuticals company on Friday announced its consolidated financial results for the fiscal second quarter ended September 30, 2020.

Redington to offer iPhone 12 & iPhone 12 Pro across 3500 retail locations in India

Oct 23, 2020, at 05:31 pm

Kolkata: Redington, which operates in the information technology product distribution business, will offer iPhone 12 Pro and iPhone 12,  in 3500 retail locations across India starting, Oct 30.

SAIL surging ahead with steely resolve and commitment to Atmanirbhar Bharat: Chairman

Oct 23, 2020, at 06:22 am

New Delhi/IBNS: Addressing the shareholders of Steel Authority of India Ltd. (SAIL) on Company’s 48th Annual General Meeting held here on Thursday, Anil Kumar Chaudhary, Chairman, SAIL mentioned that COVID-19 Pandemic has impacted SAIL just as it has impacted every corporate across the country. 

GRSE built Anti-Submarine Warfare Corvette INS Kavaratti commissioned on Thursday

Oct 23, 2020, at 03:46 am

Kolkata/IBNS: Indian Naval Ship Kavaratti, the last in the series of four Anti-Submarine Warfare Corvettes (ASWC) built for the Indian Navy by the Kolkata-based Garden Reach Shipbuilders and Engineers Limited (GRSE), under Project 8, was commissioned on Thursday.

India’s E&M industry expected to grow at a CAGR of 10.1% to reach US$55 Bn by 2024: PwC India Report

Oct 23, 2020, at 12:13 am

According to PwC’s Global Entertainment & Media Outlook 2020-2024, the Indian E&M industry’s long-term outlook remains robust as it is expected to grow at 10.1% CAGR to reach 55 billion USD by 2024. A K-shaped bifurcated recovery is on the horizon in which sectors like OTT, internet advertising, video/games/e-sports, and music and podcasts are expected to spearhead growth in the industry.  Globally, Digital revenue is expected to contribute 60% to the total E&M revenue by 2020, alone.

ZestMoney Paylater solution now available for Apple customers across India

Oct 22, 2020, at 11:24 pm

New Delhi: ZestMoney, India’s leading AI-driven EMI financing and “Buy Now Pay Later” platform, is now available as a payment solution to drive affordability for Apple product lovers across the country.  As part of the partnership, customers can purchase their favourite Apple products by availing the flexibility of ZestMoney’s Pay Later option.

Snapdeal concludes “Kum Mein Dum” Diwali sale  

Oct 22, 2020, at 10:22 pm

New Delhi: India’s leading value-focused marketplace,Snapdeal concluded its “Kum Mein Dum” Diwali sale recently.

Powergrid up by 4.64 pc to Rs 164.50

Oct 21, 2020, at 11:19 pm

Mumbai/UNI: Powergrid on Wednesday surged by 4.64 pc to Rs 164.50 a major gainer in 30 scrips of BSE.

Indian Rupee down 12 paise against USD

Oct 21, 2020, at 11:03 pm

Mumbai/UNI: The Rupee on Wednesday slipped further by 12 paise to close negative at 73.58 against the US Dollar on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.

Indian Market: Sensex rises 162.94 pts

Oct 21, 2020, at 10:02 pm

Mumbai/UNI: The BSE Sensex on Wednesday rallied by 162.94 pts at 40,707.31 at close following gains in Realty, Telecom, Power, Finance and Materials stocks.

Cabinet approves productivity linked bonus and non-productivity linked bonus for 2019-2020

Oct 21, 2020, at 09:12 pm

New Delhi: The Union Cabinet chaired by the Prime Minister Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO,ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.

Indian Bank launches IND Spring Board to finance start-ups

Oct 21, 2020, at 05:33 am

Chennai/ IBNS: Indian Bank on Tuesday launched “IND Spring Board”, an initiative for funding Start-ups.    

Seimens Healthineers invests Rs. 1300 crore in India

Oct 21, 2020, at 05:12 am

Benagluru/IBNS: To advance the digitalization of healthcare, Siemens Healthineers on Tuesday announced plans to invest INR 1,300crore (EUR 160 million) over the next five years in an innovation hub in Bengaluru, India.

Quiz based learning platform Genius Teacher raises USD two million from Indian and US investors

Oct 21, 2020, at 04:26 am

Mumbai/IBNS: Quiz based learning platform, Genius Teacher, founded by Advitiya Sharma, has raised USD two million from Indian and US investors.

Jammu and Kashmir: Hundreds of enrolments made under different government sponsored schemes in Srinagar

Oct 21, 2020, at 04:08 am

Srinagar:  Government's unique two-day urban outreach programme My Town My Pride – designed on the pattern of the Back to Village programme – aimed at reaching out to residents to provide governance at their doorsteps in urban areas began here at identified locations in Srinagar with exhaustive preparations from government departments and considerable public participation.

Steel Strips Wheels receives new orders for 7900 wheels from

Oct 20, 2020, at 10:49 pm

Mumbai/UNI: Steel Strips Wheels (SSWL) has received export orders of nearly 7,900 wheels for US caravan trailer market.

Tata Communications appoints Kabir Ahmed Shakir as Chief Financial Officer

Oct 20, 2020, at 10:47 pm

Mumbai/UNI: Tata Communications, a global digital ecosystem enabler, has appointed Kabir Ahmed Shakir as its Chief Financial Officer (CFO).

Indian Rupee falls 10 paise against USD

Oct 20, 2020, at 10:44 pm

Mumbai/UNI: The Rupee on Tuesday slipped by ten paise to close negative at 73.46 against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at the Forex Market said.  

HCL Technologies move up by 4.19 pc to close at Rs 880.95

Oct 20, 2020, at 10:42 pm

Mumbai/UNI: HCL Technologies on Tuesday surged by 4.19 per cent to reach Rs 880.95, a major gainer in 30 scrips of BSE.

Indian Market: Sensex surges by 112.77 pts

Oct 20, 2020, at 10:41 pm

Mumbai/UNI: Extending gains for the third consecutive session on Tuesday, the BSE Sensex rallied by 112.77 pts at 40,544.37 at close on the strength of Realty, IT, Telecom and Technology stocks.

Indian Market: Sensex up 153 pts

Oct 20, 2020, at 03:37 pm

Mumbai/UNI: The BSE Sensex on Tuesday advanced by 153 pts to 40,585 in early trade on buying in Materials, Energy, FMCG and IT stocks amid positive global peers.

Tata Steel enables longest flyover in Andhra Pradesh through its TMT bars and LRPC strands

Oct 20, 2020, at 05:29 am

Mumbai/IBNS: Tata Steel has enabled the construction of a 2.6-km long six-lane Kanaka Durga flyover in Vijayawada, Andhra Pradesh, the longest in the state.

First advance estimates of sugar production in India for 2020-21 SS released

Oct 20, 2020, at 02:44 am

New Delhi/IBNS: ISMA (Indian Sugar Mills Association), following its recent meeting with representatives of sugar producing states, has released its first advance estimates of sugar production for the 2020-21 SS (sugar season).

ICICI Bank moves up by 5.33 pc to Rs 417.05

Oct 20, 2020, at 12:21 am

Mumbai/UNI: ICICI Bank on Monday advanced by 5.33 pc to Rs 417.05 a major gainer in 30 scrips of BSE.