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US stocks end mixed as investors focus on COVID-19 aid

New York, Aug 11 | Wall Street's major averages ended mixed as investors eyed fiscal stimulus in the United States amid the COVID-19 crisis.On...

Centre may allow cooperative banks to lend under ECLGS

New Delhi, Aug 11 | As the Emergency Credit Line Guarantee Scheme, specially formed for MSMEs, progresses, the government is considering allowing cooperative banks...

SpiceJet installs on-board Wi-Fi enabled entertainment system

New Delhi, Aug 11 | Airline major SpiceJet on Monday launched 'SpiceScreen', an in-flight entertainment system which enables delivery of content on to the...

India wants reciprocal trade with other countries: Goyal

New Delhi, Aug 10 | Commerce Minister Piyush Goyal on Monday asserted that Indian products deserve fair access to other countries before these countries...

IndiGo to raise Rs 4k cr via qualified institutions placement

New Delhi, Aug 10 | InterGlobe Aviation, which operates airline major IndiGo, has decided to raise funds worth Rs 4,000 crore.Accordingly, the company will...

IFC invests $10 mn in Endiya Fund II to support product...

Hyderabad, Aug 10 | The Endiya Fund II has received a commitment of about $10 million (Rs 75 crore) from the International Finance Corporation...

Titan logs Rs 270 cr Q1 loss

Mumbai, Aug 10 | Tata group firm Titan Company Ltd on Monday reported standalone loss of Rs 270 crore for the April-June quarter as...

FM launches online dashboard for National Infrastructure Pipeline

New Delhi, Aug 10 | Union Finance Minister Nirmala Sitharaman on Monday launched the National Infrastructure Pipeline's (NIP) online dashboard through video conferencing.An official...

SEBI guidelines to aid trustees in monitoring AMCs activities

New Delhi, Aug 10 | The Securities and Exchange Board of India (SEBI) on Monday issued guidelines to provide administrative assistance to trustees in...

AI Express crash: Agency hired to recover passengers’ baggage

Chennai, Aug 10 | Air India, and its subsidiary Air India Express, have engaged the services of a baggage recovery agency to recover the...

ICICI Bank launches QIP with floor price of Rs 351.36/share

Mumbai, Aug 10 | ICICI Bank on Monday launched its qualified institutional placement (QIP) with a floor price of Rs 351.36 per equity...

Money-makers up for sale, Centre follows NDA-I on privatisation (Disinvestment blues...

New Delhi, Aug 10 | The Modi government's disinvestment policy, focused on strategic sales, has gathered steam in the past one year, with even...

Lufthansa to reinstate inbound passenger flights to India

New Delhi, Aug 10 | German airline major Lufthansa will recommence passenger flight services to India on specific routes, following a bilateral agreement between...

Net outflows from equity MFs at Rs 2,480 cr

Mumbai, Aug 10 | Profit booking, along with caution on the part of investors, led to a net outflow from equity mutual fund schemes...

Union Bank of India cuts MCLR by up to 15 bps...

Mumbai, Aug 10 | The Union Bank of India on Monday announced a reduction in the marginal cost of funds-based lending rate (MCLR) by...

Amazon leads global infrastructure as a service market: Gartner

San Francisco, Aug 10 | Amazon retained the top position in the worldwide infrastructure as a service (IaaS) market which grew 37.3 per cent...

After slow start, states lap up liquidity scheme for discoms

New Delhi, Aug 10 | After a slow start, the Centre's ambitious Rs 90,000-crore plan on Liquidity Injection for Electricity Distribution Companies has taken...

209 SMB sellers became crorepatis in 48 hours in India: Amazon

Bengaluru, Aug 10 | Amazon India on Monday said that over 91,000 small and medium-sized businesses participated in the two-day Prime Day sales which...

Covid suppresses retail insurance, group biz on rise

New Delhi, Aug 10 | The Covid-19 pandemic has brought about a big shift in the insurance preference for customers. While the pandemic has...

Oil prices rise as Iraq pledges to cut output

New Delhi, Aug 10 | Crude oil prices rose on Monday on supply concerns after Iraq said that it will further cut production.Last week,...

Flipkart ‘Leap’ to nurture tech, consumer Internet startups

Bengaluru, Aug 10 | E-commerce marketplace Flipkart on Monday launched its first startup accelerator programme to help new and upcoming companies in technology and...

Review appointment of Kamath as head of loan rejig panel: AIBEA...

Chennai, Aug 10 | The All India Bank Employees Association (AIBEA) has expressed its opposition to the appointment of ICICI Banks former CEO and...

Saudi Aramco distributes $18bn dividend for Q2

Riyadh, Aug 10 | Saudi Aramco, the world's largest oil producer, announced the dividend distribution of $18.75 billion to shareholders for the second quarter...

Separate emission norms for agri, construction machinery proposed

New Delhi, Aug 10 | The Ministry of Road Transport and Highways has issued a draft notification to amend the Central Motor Vehicles Rules,...

Railways to save 10-15% per annum by procuring via GeM: Goyal

New Delhi, Aug 9 | Union Commerce and Industry Minister Piyush Goyal on Sunday said that Indian Railways will save at least 10-15 per...

NCLAT dismisses insolvency plea against Gujarat Ambuja Exports

New Delhi, Aug 9 | The National Company Law Appellate Tribunal (NCLAT) has upheld the NCLT order setting aside a plea seeking initiation of...

IBBI comes up with ‘red flags’ for IPs to detect avoidance...

New Delhi, Aug 9 | The Insolvency and Bankruptcy Board of India (IBBI) has come up with a document which lists 'red flags' to...

Aramco’s Apr-Jun profit down 73%, but sees oil market recovery

New Delhi, Aug 9 | Energy giant Saudi Aramco has reported a 73 per cent fall in its profit, or the net income, for...

Rural economy still strong on record procurement of farm produce: PM

New Delhi, Aug 9 | As the pandemic severely hits the economy, Prime Minister Narendra Modi said the rural economy of India is on...

PM launches Rs 1 lakh cr Agriculture Infrastructure Fund

New Delhi, Aug 9 | Prime Minister Narendra Modi on Sunday launched the financing facility under the Agricuture Infrastructure Fund worth Rs 1 lakh...

OMCs hold fuel prices, diesel price same for 9th day

New Delhi, Aug 9 | Oil marketing companies (OMCs) continued to keep automobile fuel prices unchanged on Sunday, with diesel prices across the four...

SpiceJet operates first long-haul wide-body charter flight to Canada

New Delhi, Aug 8 | Airline major SpiceJet on Saturday became the first Indian budget carrier to operate a long-haul wide-body charter flight to...

PSBs need to step up provisioning to restructure Covid-hit loans

New Delhi, Aug 8 | Public sector banks would need to increase their provisioning buffer factoring in the incremental provisioning requirement on restructured loans...

Liquidity scheme for NBFCs, HFCs: 15 proposals get Rs 6,399 cr...

New Delhi, Aug 8 | The special liquidity scheme (SLS) for NBFCs and HFCs has received a positive response from the financial sector with...

US stocks close mixed following jobs data

New York, Aug 8 | US stocks ended mixed on Friday as investors pored through the newly-released July jobs report. The Dow...

’11 states yet to start free food distribution under PMGKAY-2.0′

New Delhi, Aug 8 | Union Minister for Consumer Affairs, Food & Public Distribution Ram Vilas Paswan said that nearly 62 per cent of...

British Airways to operate special relief flights from India

New Delhi, Aug 8 | British Airways on Friday said that it will recommence direct relief flights from India to London Heathrow from August...

Adani Transmission’s Q1 consolidated net profit up 67%

Mumbai, Aug 7 | Adani Transmission on Friday reported 66.52 per cent increase in its consolidated net profit for the April-June quarter at Rs...

Minimal impact of Covid-19 on Indian pharma industry: ICRA

New Delhi, Aug 7 | The domestic pharma industry is expected to grow at a 4-6 per cent in FY-2021 owing to Covid impact,...

Electric vehicle policy for Delhi announced

New Delhi, Aug 7 | In a bid to boost the economy and reduce pollution level in the national capital, Chief Minister Arvind Kejriwal...

Efficient farming must for food security: Naidu

Chennai, Aug 7 | Vice-President M Venkaiah Naidu on Friday said there is an urgent need to make agriculture more efficient and profitable to...

Vistara committed to all orders placed with aircraft manufacturers (IANS Special)

By Rohit VaidNew Delhi, Aug 7 | Despite the economic turbulence due to the Covid-19 outbreak, full-service air carrier Vistara is committed to the...

Kamath to head RBI panel; Diwakar, Manoharan, IBA CEO on board

Mumbai, Aug 7 | The Reserve Bank of India (RBI) on Friday announced the constitution of an expert committee led by KV Kamath to...

Kia Motors world premieres Made in India Sonet for global markets

Chennai, Aug 7 | South Korean automotive major Kia Motors Corporation will be shipping out its India made new compact sports utility vehicle (SUV)...

Greenko, Lord Dholakia, Jindal Power may invest in country’s new power...

By Subhash NarayanNew Delhi, Aug 7 | Power trader PTC India is set to tie up with global investors and private equity firms such...

Apple again dominates India premium smartphone market in Q2: IDC

New Delhi, Aug 7 | Riding on the success of its iPhone 11 and iPhone XR devices, Apple once again dominated the India premium...

Bull-run persists in precious metals; gold above Rs 56k/10 gm

Mumbai, Aug 7 | Amid the global uncertainty, investment demand and supply concerns, touching fresh record levels has become the new normal for gold...

Sensex in red amid choppy trade session, weak Asian cues

Mumbai, Aug 7 | The key Indian equity indices traded in the negative on Friday morning amid a largely choppy trade session and decline...

Nasdaq closes above 11k for first time as tech-related stocks rally

New York, Aug 7 | US stocks rose on Thursday with the Nasdaq closing above the 11,000 mark for the first time, bolstered by...

Two-wheeler volumes could contract by 16-18% in FY2021: ICRA

New Delhi, Aug 7 | Two-wheeler industry unit sales are now likely to decline between 16 and 18 per cent to around 17 million...

Business

US stocks end mixed as investors focus on COVID-19 aid

New York, Aug 11 | Wall Street's major averages ended mixed as investors eyed fiscal stimulus in the United States amid the COVID-19 crisis.On...