New Delhi, Apr 29 (PTI) MG Motor India on Wednesday said it has joined hands with Vadodara-based MAX Ventilator, a part of AB Industries, to increase ventilator production. This coll… Read More

New Delhi, Apr 29 (PTI) The Reserve Bank of India’s liquidity support for mutual funds may struggle to be effective, as its success will hang on banks’ appetite to take up t… Read More

Deep Kalra is an Indian businessman, entrepreneur, founder, and Group CEO of MakeMyTrip, an online travel company. He founded MakeMyTrip in 2000 and it took him 8 years of planning to launch… Read More

Mumbai, Apr 29 (PTI) Equity benchmark Sensex surged over 300 points in opening trade on Wednesday led by buying in index-heavyweights HDFC twins and positive cues from Asian peers. A… Read More

New Delhi, Apr 28 (PTI) Moody’s Investors Service on Tuesday slashed India’s growth forecast to 0.2 per cent for the 2020 calendar year from the earlier projection of 2.5 pe… Read More

Mumbai, Apr 28 (PTI) Auto sales are likely to remain muted as consumers may not flock to dealerships and even avoid shopping malls and markets due to the fear of coronavirus infection f… Read More

Private sector lender, Axis Bank on Tuesday reported a loss of Rs 1387.78 crore for the quarter ended March 2020 on higher provisioning cost.In December quarter the lender had reported profi… Read More

Bengaluru, Apr 28 (PTI) India’s information technology services industry would see hiring freeze this year and senior level staff taking a 20-25 per cent salary cut due to the adv… Read More

New Delhi, Apr 28 (PTI) Axis Bank has decided to raise its stake in Max Group promoted Max Life Insurance to 30 per cent, a development which values the insurer at over Rs 5,000 crore… Read More

New Delhi, Apr 28 (PTI) Pune-based fitness startup Fittr on Tuesday said it has raised USD 2 million (over Rs 15 crore) from Sequoia Capital India’s Surge programme. The compan… Read More

New Delhi, Apr 28 (PTI) Shares of IndusInd Bank on Tuesday jumped nearly 14 per cent in early trade after the company reported its March quarter earnings. On Monday, post trading hou… Read More

Penny stocks are one of the best options to sky rocket our portfolio.But not all penny stocks do it and investors need to analyse them before putting money on them. We humans get attracte… Read More

New Delhi, Apr 28 (PTI) Industrialist Sajjan Jindal on Tuesday said measures needed to taken as early as possible to prevent the country’s economy from falling into a slumber… Read More

Mumbai, Apr 28 (PTI) Equity benchmark Sensex jumped over 400 points in opening trade on Tuesday tracking gains in financial stocks on Reserve Bank support amid tepid cues from global ma… Read More

Mumbai, Apr 27 (PTI) Domestic rating agency Crisil said on Monday nearly halved its GDP forecast for India to 1.8 per cent for 2020-21 while projecting total losses of Rs 10 lakh crore… Read More

New Delhi, Apr 27 (PTI) Ambuja Cements Ltd on Monday reported a 6.80 per cent rise in its consolidated net profit to Rs 742.59 crore for the first quarter ended March 31. The company… Read More

Bengaluru, Apr 27 (PTI): Biocon Ltd announced on Monday that The Medicine Maker Power List 2020 has ranked its Executive Chairperson Kiran Mazumdar-Shaw as one of the world’s top 20 in… Read More

Mumbai, Apr 27 (PTI) After record USD 6 billion inflows into the country in the December 2019 quarter, VC investments plunged to a meagre USD 2.2 billion in the March 2020 quarter due t… Read More

New Delhi, Apr 27 (PTI) IndusInd Bank on Monday reported a 16 per cent decline in its standalone net profit at Rs 301.74 crore for the quarter ended March 2020, on higher provisioning… Read More

New Delhi, Apr 27 (PTI) Crude oil futures on Monday plummeted 15.78 per cent to Rs 1,137 per barrel as participants trimmed their positions on weak global cues. On the Multi Commodit… Read More

New Delhi, Apr 27 (PTI) Indigenously developed social media platform ShareChat has acquired Kae Capital backed meme-sharing app Memer and is looking for more buyouts, the company said o… Read More

We all know about this COVID 19 situation and how brutal it is to the economy not just India but to the whole world. Also the IMF’s Chief Economist Gita Gopinath, in an exclusive conve… Read More

New Delhi, Apr 27 (PTI) Shares of asset management companies (AMCs) and other financial sector related firms zoomed as much as 13 per cent on Monday after the Reserve Bank of India anno… Read More

Mumbai, Apr 27 (PTI) The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual fund, days after Franklin Templeton Mutual Fund decided to clo… Read More

Mumbai, Apr 27 (PTI) Equity benchmark Sensex surged over 600 points in opening trade on Monday led by gains in index-heavyweights Reliance Industries, HDFC twins and Infosys amid positi… Read More

Washington, Apr 26 (PTI) The coronavirus pandemic has resulted in an unprecedented shock to the American economy, a top White House official said on Sunday, as he projected second-quart… Read More

Equity benchmark index Nifty closed the week with 1.21 % loss. Rally was mainly supported by Reliance Industry, IT , Banking and pharmaceutical stocks.Now everyone is having doubt regarding… Read More

Hyderabad, Apr 26 (PTI) A prolonged lockdown may possibly push million of Indians into the “margins of subsistence”, former RBI Governor Duvvuri Subbarao said on Sunday whil… Read More

Mumbai, Apr 26 (PTI) A group of senior tax officers has suggested a super-rich tax and a higher levy on foreign companies to keep the cash till running as part of short term measures to… Read More

New Delhi, Apr 26 (PTI) Vaccine major Serum Institute of India on Sunday said it plans to start production of the COVID-19 vaccine developed by Oxford University in the next two to thre… Read More

Binny Bansal is an Indian billionaire and entrepreneur who co-founded an e-commerce website, namely Flipkart. He co-founded Flipkart with his colleague Sachin Bansal in 2007. The two are not… Read More

New Delhi, Apr 26 (PTI) Five of the 10 most valued domestic companies added Rs 1,63,795.48 crore in market capitalisation last week, with RIL accounting for the lion’s share of th… Read More

New Delhi, Apr 26 (PTI) Continuing to increase its exposure, India’s holding of US government securities jumped by over USD 13 billion in a month to record high of USD 177.5 billi… Read More

London, Apr 25 (PTI) Tata Steel’s UK arm is seeking an estimated GBP 500-million government financial package to survive through the coronavirus lockdown period, according to UK m… Read More

Mumbai, Apr 25 (PTI) Private sector ICICI Prudential Life on Saturday said a staggering Rs 18,898 crore loss on its investments and a robust growth in the cash-burning protection policy… Read More

New Delhi, Apr 25 (PTI) India Cements Ltd on Saturday said it has resumed operation at some of its plant partially in compliance with the precautionary and safety measures. However… Read More

The breadth line is one of the best and most commonly used methods of measuring the market breadth and internal market strength. The breadth line is also called the advance-decline line as i… Read More

New Delhi, Apr 25 (PTI) Neighbourhood and standalone shops, including those located in residential complexes, in urban areas have been allowed to open during the ongoing lockdown but th… Read More

New Delhi, Apr 24 (PTI) Aarogya Setu, a government app for tracking coronavirus patients, has recorded 75 million downloads till date, the Ministry of Electronics and IT (MeitY) said on… Read More

New Delhi, Apr 24 (PTI) Tata Steel on Friday said its board has approved proposal to raise up to Rs 5,000 crore through issuance of non convertible debentures (NCDs) on private placemen… Read More

Mumbai, Apr 24 (PTI) With working from home becoming a way of life amid the coronavirus lockdown, business leaders feel their employees’ current productivity is at 65 per cent, ac… Read More

New Delhi, Apr 24 (PTI) In the aftermath of Franklin Templeton MF winding up six debt schemes, industry experts believe credit risk funds are going to face redemption pressure from inve… Read More

New Delhi, Apr 24 (PTI) Bijak, a B2B platform for agricultural commodities, on Friday said it has raised USD 12 million (Rs 91 crore) from investors including RTP Global to enhance its techn… Read More

Thiruvananthapuram, Apr 24 (PTI)In yet another testing initiative for coronavirus, the premier Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) here has developed… Read More