Coronavirus has forced most of the countries around the world to close down their borders and to impose lockdown as a step to prevent the spread of the virus and to fight against the invisib… Read More

Mumbai, Jun 9 (PTI) Equity benchmark Sensex jumped over 100 points in early trade on Tuesday on optimism over reopening of the economy and unabated foreign fund inflows. The gains we… Read More

Washington, Jun 8 (PTI) The global economy, which has plunged into a severe contraction, will shrink by 5.2 per cent this year due to the massive shock of the coronavirus pandemic and t… Read More

Mumbai, Jun 8 (PTI) The Reserve Bank of India on Monday proposed major changes in securitisation norms aimed at development of a strong and robust market for the same in the country… Read More

New Delhi, Jun 8 (PTI) Tata group firm Titan Company Ltd on Monday reported a marginal fall of 1.50 per cent in its consolidated net profit to Rs 343.07 crore in the fourth quarter ende… Read More

New Delhi, Jun 8 (PTI) Edu-tech startup Lido Learning is looking at onboarding 500 senior citizens and retired professionals over the next few months to augment the delivery of classes… Read More

Mumbai, Jun 8 (PTI) Equity benchmark Sensex surrendered most of the day’s gains to end marginally higher on Monday as investors chose to book profits after a swift market rally… Read More

New Delhi, June 8 (PTI) Multiplex chain operator Inox Leisure Ltd on Monday reported a consolidated net loss of 82.15 crore for the fourth quarter ended March 2020, as the film exhibiti… Read More

New Delhi, June 8 (PTI) Drug firm Abbott India on Monday reported a 1.96 per cent decline in net profit to Rs 110.97 crore for the quarter ended on March 31, 2020, mainly on account of… Read More

When we purchase shares, we pay a number of taxes on it. These taxes are collected by the government from the market participants on the transactions they make. These taxes are levied when t… Read More

New Delhi, Jun 8 (PTI) Shares of Reliance Industries on Monday jumped nearly 3 per cent after the company sold 1.16 per cent stake in its digital unit to Abu Dhabi Investment Authority… Read More

Mumbai, Jun 8 (PTI) Equity benchmark Sensex rallied over 600 points in early trade on Monday led by gains in index-heavyweights Reliance Industries, HDFC Bank and ICICI Bank amid positi… Read More

New Delhi, Jun 7 (PTI) With the Centre permitting shopping malls to open from June 8, many realty firms are starting operations from Monday itself, while others have scheduled for later… Read More

Kolkata, Jun 7 (PTI) Defence PSU Garden Reach Shipbuilders & Engineers Ltd (GRSE) has reported a 48 per cent increase in net profit to Rs 49.69 crore during the quarter ended March… Read More

New Delhi, Jun 7 (PTI) Petrol and diesel price was on Sunday hiked by 60 paisa per litre, as the state-owned oil firms restarted daily price revisions after a 82-day hiatus. Petrol p… Read More

New Delhi, Jun 7 (PTI) Reliance Industries on Sunday said it sold 1.16 per cent stake in its digital unit to Abu Dhabi Investment Authority (ADIA) for Rs 5,683.50 crore, taking the cumu… Read More

New Delhi, Jun 7 (PTI) FMCG major HUL Chairman and Managing Director Sanjiv Mehta’s gross salary increased by 2.86 per cent to Rs 19.42 crore for 2019-20, according to the company… Read More

New Delhi, Jun 7 (PTI) Equity-oriented mutual fund schemes generated returns of about 25 per cent during the lockdown period amid a recovery in broader markets and liquidity infusion by… Read More

New Delhi, Jun 7 (PTI) The 10 most valued Indian companies together added a whopping Rs 2.46 lakh crore in market valuation last week, led by heavyweight Reliance Industries. During… Read More

New Delhi, Jun 7 (PTI) With consumer preference constantly changing in the wake of coronavirus pandemic, FMCG major HUL is focusing on e-commerce and modern trade channels, which it con… Read More

New Delhi, June 7 (PTI) Telecom operator Reliance Jio has partnered with streaming service Disney+ Hotstar to offer its prepaid users one year complimentary subscription to Disney+ Hots… Read More

New Delhi, Jun 7 (PTI) Weeks after the coronavirus lockdown led to fuel sales nosediving to record lows, Indian Oil Corp (IOC), the nation’s largest oil firm, sees demand returnin… Read More

New Delhi, Jun 6 (PTI) India’s top four metropolitian clusters — Delhi, Mumbai, Kolkata and Chennai — account for nearly half of the nationwide COVID-19 tally, which s… Read More

Discount broking has gained a lot of importance in the past few years. We used to have only full-fledged brokers who used to charge huge brokerages for transactions in the share capital. Tha… Read More

San Francisco, Jun 6 (PTI) Reddit co-founder Alexis Ohanian has resigned from the tech firm’s board and urged the company to replace him with a black candidate. The 37-year-old… Read More

New Delhi, Jun 6 (PTI) Drug firm Divi’s Laboratories on Saturday reported a 32.96 per cent rise in its consolidated net profit to Rs 388.23 crore for the quarter ended March 31, 2… Read More

Mumbai, Jun 6 (PTI) A 36-year-old staffer of the Multi Commodity Exchange (MCX) has died of COVID-19, while nine others, who were part of a core team which helped ensure business contin… Read More

New Delhi, Jun 6 (PTI) Zen Technologies on Saturday said its consolidated net profit rose over 51 per cent to Rs 19.11 crore in the March 2020 quarter. The company’s net profit… Read More

New Delhi, Jun 6 (PTI) Engineering and construction giant Larsen & Toubro on Saturday said its board has given nod for reappointment of A M Naik as non-executive chairman of the com… Read More

New Delhi, Jun 6 (PTI) Diversified natural resources firm Vedanta on Saturday reported consolidated net loss of Rs 12,521 crore for the quarter ended March 31, 2020 on the exceptional l… Read More

New Delhi, Jun 6 (PTI) Online travel company Yatra Online Inc said it is terminating pending merger agreement with the US-based software firm Ebix Inc and has filed a litigation seeking… Read More

New Delhi, Jun 6 (PTI) Jindal Stainless Ltd (JSL) on Saturday posted a standalone loss of Rs 22 crore during the quarter ended March 31. The company had reported a net profit of Rs 3… Read More

Mumbai, Jun 5 (PTI) Bollywood superstar Akshay Kumar is the only Indian to secure a spot in Forbes list of the world’s highest paid celebrities of 2020 with pre-tax earnings of $4… Read More

New Delhi, Jun 5 (PTI) Engineering major Larsen & Toubro (L&T) on Friday posted a 4.36 per cent drop in its consolidated net profit at Rs 3,430 crore for the January-March quart… Read More

New Delhi, Jun 5 (PTI) Private equity firm Silver Lake has invested an additional Rs 4,546.80 crore in Reliance Industries’ digital arm Jio Platforms to raise its stake in the fir… Read More

New Delhi, June 5 (PTI) Sharp Sight Group of Eye Hospitals on Friday said it has raised Rs 70 crore as equity investment from healthcare focused fund InvAscent to fund its expansion goi… Read More

New Delhi, Jun 5 (PTI) Tata Sons, the holding company of salt-to-software conglomerate Tata Group, is not looking to monetise investments to raise capital as it has enough cash to suppo… Read More

New Delhi, Jun 5 (PTI) Shares of Hexaware Technologies zoomed 19.98 per cent on Friday after the company announced that its board next week will consider a proposal for voluntary delist… Read More

New Delhi, Jun 5 (PTI) Shares of State Bank of India on Friday zoomed nearly 9 per cent after the company posted over four-fold jump in standalone net profit for March 2020 quarter… Read More

Islamabad, Jun 5 (PTI) The IMF has asked cash-strapped Pakistan to freeze salaries of government employees and adhere to the fiscal consolidation path by showing a nominal primary defic… Read More

New Delhi, Jun 5 (PTI) Drug major Sun Pharmaceutical Industries on Friday said it has commenced phase-2 clinical trials on AQCH, a plant-derived drug, for potential treatment of COVID-1… Read More

New Delhi, Jun 5 (PTI) Engineering and construction major Larsen & Toubro on Friday said it has secured a large contract from the government of Telangana for an irrigation project… Read More

New Delhi, Jun 5 (PTI) Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its dig… Read More

It is important for one to ask itself- “Do I really need Financial plan?” Some may be investing their money in deposits or Systematic Investment Planning of mutual funds. But if… Read More

(Eds: Disclaimer: The following press release comes to you under an arrangement with PR Newswire. PTI takes no editorial responsibility for the same.) LONDON, June 4, 2020 /PRNewswire/ &m&hell…Read More

Mumbai, Jun 4 (PTI) A day after reporting heavy inventory losses and near-halving of refining margins in the March quarter, the second-largest oil retailer Bharat Petroleum has guided t… Read More

New Delhi, June 4 (PTI) Realty major DLF on Thursday reported a consolidated net loss of Rs 1,857.76 crore in the fourth quarter of last fiscal year, mainly due to reversal of deferred… Read More

New Delhi, Jun 4 (PTI) E-commerce giant Amazon is in exploratory discussions with telecom operator Bharti Airtel for a possible investment, according to sources. While the investment… Read More

New Delhi, Jun 4 (PTI) Adani Ports and Special Economic Zone, backed by steps like optimising operating processes to mitigate the impact of the coronavirus crisis, is on the path to ach… Read More

New Delhi, Jun 4 (PTI) With shopping malls outside the containment zones permitted to open from June 8, the Union health ministry said on Thursday that cinema halls, gaming arcades and… Read More

New Delhi, Jun 4 (PTI) State-run transmission utility Power Grid on Thursday said the Department of Telecommunication has raised a demand of Rs 13,613.66 crore as licence fee for years… Read More

Axis Bank ties up with Mastercard and Worldline to launch Soft POS  Mumbai, Jun 4 (PTI) sector lender Axis Bank on Thursday announced a tie-up with Mastercard and Worldline to launch… Read More

New Delhi, Jun 4 (PTI) The National Stock Exchange (NSE) was hit by a technical glitch on Thursday as its bank option segment prices were not reflecting on the terminal linked to the bo… Read More

Mumbai, Jun 4 (PTI) Snapping its six-day winning streak, equity benchmark Sensex closed 129 points lower on Thursday, dragged by losses in banking stocks amid weak cues from global mark… Read More

Mumbai, Jun 4 (PTI) Billionaire Mukesh Ambani’s stake sales in Jio Platforms helped lift an otherwise tepid venture investments activity in May, taking the overall inflows to USD… Read More

New Delhi, Jun 4 (PTI) Shares of Aurobindo Pharma on Thursday gained over 5 per cent to touch its one-year high level after the company reported a 45 per cent rise in consolidated net p… Read More

New Delhi, Jun 4 (PTI) India implemented a “draconian” lockdown that was porous and has ended up decimating its economy and flattening the GDP curve instead of that of the n… Read More

New Delhi, Jun 3 (PTI) Reliance Industries Ltd on Wednesday completed the nation’s biggest-ever rights issue of Rs 53,124 crore after it closed with an oversubscription of nearly… Read More

Well, it has already been more than two months since the first lockdown and seems like the condition is more sensitive than ever. With everyone saying that we will have to live with this vir… Read More

Vandana Luthra is an Indian entrepreneur and the founder of VLCC Health Care Ltd. 61-year old Vandana decided to become an entrepreneur when the concept of being one was as bizarre as her id… Read More

Mumbai, Jun 4 (PTI) Equity benchmark Sensex surged over 200 points in early trade on Thursday, led by strong buying in HDFC Bank, ICICI Bank, TCS and Reliance Industries amid persistent… Read More

Hyderabad, June 3 (PTI): Aurobindo Pharma Limiteds consolidated net profit after JV share and minority interest was up by 45.2 per cent to Rs 849.8 crore for the quarter ended March 31, 2020… Read More

New Delhi, Jun 3 (PTI) Housing Development Finance Corporation (HDFC), promoter of HDFC Life, on Wednesday sold 2.6 crore shares of the insurance company worth a little over Rs 1,274 cr… Read More

Mumbai, Jun 3 (PTI) Extending its winning streak to the sixth session, equity benchmark Sensex surged 284 points on Wednesday, led by gains in HDFC twins, ICICI Bank and Kotak Mahindra… Read More

Bengaluru, Jun 3 (PT) Microsoft announced on Wednesday the launch of a programme for agritech startups in India that it said are committed to driving transformation in agriculture. It is… Read More

New Delhi, Jun 3 (PTI) Shares of InterGlobe Aviation rallied nearly 14 per cent on Wednesday amid positive sentiments about the future trajectory of the company. The company on Tuesd… Read More

A unicorn start-up is a company whose valuation is over $1 billion. Well this is something big to achieve  those entrepreneurs and many start-ups in India have been able to achieve this… Read More

United Nations, Jun 3 (PTI) The global commodity exports to China could plunge up to 46 per cent to USD 15.5 to 33.1 billion in 2020 due to the coronavirus crisis, according to research… Read More

Mumbai, Jun 3 (PTI) Equity benchmark Sensex rallied over 500 points in early trade on Wednesday, led by strong buying in HDFC duo, ICICI Bank and Reliance Industries as positive domesti… Read More

New Delhi, Jun 2 (PTI) FMCG player Britannia Industries on Tuesday posted a 26.53 per cent increase in consolidated net profit at Rs 372.35 crore for the fourth quarter ended March 31… Read More

New Delhi, Jun 2 (PTI) InterGlobe Aviation on Tuesday reported a net loss of Rs 870.8 crore in the three months ended March, as higher expenses and suspension of flight operations due t… Read More

New Delhi, Jun 2 (PTI) The nationwide tally of confirmed COVID-19 cases crossed the 2-lakh mark on Tuesday with almost one lakh people testing positive for the dreaded virus infection i… Read More

New Delhi, Jun 2 (PTI) A new tool called ‘Remove China Apps’ has gained popularity in India and crossed over 50 lakh downloads within weeks of launch with its promise of del… Read More

Mumbai, Jun 2 (PTI) As construction activities were impacted due to the extended lockdown, onset of monsoon and mass migration of labourers, operating profit or EBITDA of steel producer… Read More

Mumbai, Jun 2 (PTI) Domestic ratings agency Crisil on Tuesday said it expects revenue of fast moving consumer goods sector (FMCG) companies to contract by 3 per cent in 2020-21 as again… Read More

Mumbai, Jun 2 (PTI) Hyderabad-based QuaQua, which claims to be the world’s first immersive travel platform, on Tuesday said it has raised USD 1 million (Rs 7.5 crore) from Anthill… Read More

New Delhi, Jun 2 (PTI) Drug maker Lupin on Tuesday said it has received approval from the US health regulator to market Meloxicam capsules, used to treat osteoarthritis pain, in the Ame… Read More

New Delhi, Jun 2 (PTI) Shares of Kotak Mahindra Bank on Tuesday closed nearly 8 per cent higher as promoter Uday Kotak will offload 2.83 per cent stake in the lender to comply with an R… Read More

New Delhi, Jun 2 (PTI) Prime Minister Narendra Modi on Tuesday said India will definitely get its economic growth back as the government continues to pursue various reforms. Speaking… Read More

New Delhi, Jun 2 (PTI) Shares of Kotak Mahindra Bank on Tuesday gained 8 per cent as Uday Kotak will be selling 2.83 per cent stake worth over Rs 6,800 crore in the lender. On the BS… Read More

Mumbai, Jun 2 (PTI) Equity benchmark Sensex jumped over 300 points in early trade on Tuesday, led by index-heavyweights Kotak Bank, HDFC, TCS and Reliance Industries amid positive cues… Read More

Washington, Jun 2 (PTI) There is no place for hate and racism in the society, Microsoft CEO Satya Nadella has said, asserting that empathy and shared understanding are a start, but more… Read More

New Delhi, Jun 1 (PTI) The Union Cabinet on Monday approved Rs 50,000 crore equity infusion for MSMEs to strengthen their growth potential. The government also approved Rs 20,000 cro… Read More

Mumbai, Jun 1 (PTI) A group of ethical hackers on Monday claimed to have discovered a vulnerability affecting millions using the BHIM app, a claim which was denied by NPCI that operates… Read More

Mumbai, Jun 1 (PTI) Market benchmark index Sensex on Monday rallied 879 points on heavy buying in financial, FMCG and energy stocks as the government starting the process to unlock the… Read More

New Delhi, Jun 1 (PTI) In the wake of the COVID-19 pandemic and the ongoing lockdown, the BSE on Monday said it has introduced the SIP pause facility on its mutual fund distribution pla… Read More

New Delhi, Jun 1 (PTI) JK Tyre & Industries on Monday said it has come up with a marketing arm in the US to focus on sales, service and network expansion. The company has set up… Read More

New Delhi, Jun 1 (PTI) Kia Motors India on Monday launched a refreshed version of its popular SUV Seltos with price starting at Rs 9.89 lakh (ex-showroom, Delhi). The refreshed Selto… Read More

New Delhi, Jun 1 (PTI) IDBI Bank shares on Monday zoomed 20 per cent to its highest trading permissible limit for the day after the company posted a profit of Rs 135 crore in the quarte… Read More

Before we understand why it is important for one to have Term Insurance, let’s understand what is a Term Insurance. In financial terms it means a type of life insurance policy that… Read More

New Delhi, Jun 1 (PTI) The country’s largest carmaker Maruti Suzuki India (MSI) on Monday reported a 86.23 per cent decline in total sales at 18,539 units in May. The company h… Read More

New Delhi, Jun 1 (PTI) Energy trading platform Indian Energy Exchange on Monday launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and… Read More

New, May 31 (PTI) Adani Power board will consider a proposal to delist its entire equity shares from the BSE and NSE in its meeting scheduled on Wednesday. “…meeting of… Read More

New Delhi, May 31 (PTI) IT services major Infosys has said its profitability may be “marginally impacted” and its cash flows negatively affected amid COVID-19 pandemic. A… Read More

Washington, May 31 (PTI) SpaceX’s Dragon spacecraft with two NASA astronauts on Sunday successfully docked with the International Space Station after a historic launch from the Ke… Read More

New Delhi, May 31 (PTI) The Indian economy is on course for a full-year contraction this fiscal, as recovery prospects from COVID-19 related disruptions remain “clouded”, ac… Read More

New Delhi, May 31 (PTI) Riding on the Rs 1.3 lakh crore in aggregate fund raising in the last few weeks, Reliance Industries is expected to repay its entire reported net debt even if th… Read More

Washington, May 31 (PTI) US President Donald Trump on Saturday postponed the “outdated” Group of Seven summit that he planned to hold in June at the White House, seeking inc… Read More

New Delhi, May 31 (PTI) Seven of the 10 most valued Indian companies added a whopping Rs 1,76,014.51 crore to their market capitalisation last week, with HDFC Bank emerging as the bigge… Read More

New Delhi, May 30 (PTI) The beleaguered hospitality sector has welcomed the government’s decision to allow hotels, restaurants and other hospitality services to re-open from June… Read More