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Headline
To the brink & back: Vodafone Idea jump 18%
Mumbai, Nov 18 (IANS) Vodafone-Idea (VIL) on Monday advanced nearly 18 per cent on the NSE over investors renewed interest in telecom stocks over a possible government-led revival. Bharti Airtel also surged by 3.5 per cent.
2019-11-18
Category: India, Maharashtra,Business/Economy
China's central bank cuts repo interest rates after 4 years
Beijing, Nov 18 (IANS) The People's Bank of China (PBOC) on Monday reduced the interest rates on repurchase agreements, or repos - one of its main short-term liquidity tool - for the first time in more than four years.
2019-11-18
Category: International, China,Business/Economy
'Foreign PEs pumped $14 bn in realty during 2015-19'
New Delhi, Nov 18 (IANS) Foreign private equity firms invested around $14 billion during the period starting 2015 to the quarter ended September of 2019 with most of the investments in the commercial real estate sector, says a data by Anarock Capital.
2019-11-18
Category: India, Delhi,Business/Economy
Give 2-yr-moratorium, lower interest rate, longer repayment time: COAI to govt
New Delhi, Nov 18 (IANS) The mobile industry has urged Government to help the telcos restructure their debts with a two-year moratorium, lower interest and longer repayment time to help them come out of the financial crisis which has been aggravated by the AGR order of the Supreme Court.
2019-11-18
Category: India, Delhi,Business/Economy
Sensex ends marginally higher amid volatility (Week Review)
Mumbai, Nov 16 (IANS) Domestic stock markets continued its ups and downs this week, albeit Sensex closed with a slight gain. However, Nifty remained below last week's closing.
2019-11-16
Category: India, Maharashtra,Business/Economy
AirPods Pro: True silence becomes most beautiful sound
New Delhi, Nov 16 (IANS) Wireless Bluetooth earphones have come a long way but sound quality and surrounding noise have kept audiophiles a bit wary of those to date.
2019-11-16
Category: India, Delhi,Business/Economy,Lifestyle/Fashion,Technology
Social investment by mining cos dates back to pre DMF era
New Delhi, Nov 15 (IANS) The legacy in mining companies is still surviving no matter how much social and economic development mining companies in India bring. Mining is perhaps one of the few sectors that has played significant role in developing infrastructure in rural and tribal belt in India, by virtue of finding most of the minerals in deep rural and tribal areas. To obtain licence to operate from the people of region, mining companies have invested significantly to improve the lives of rural poor and build sustainable infrastructure in villages.
2019-11-15
Category: India, Delhi,Business/Economy,Human Interest/Society
SBI, PNB, IDBI set for recovery from bankrupt Essar Steel
New Delhi, Nov 15 (IANS) The big win for lenders of bankrupt Essar Steel following the Supreme Court order on Friday has opened the doors for state-run banks like SBI, PNB, and IDBI Bank as well private banks like ICICI Bank and Edelwiess Asset Reconstruction Company to receive their recoveries from big cases under insolvency resolution.
2019-11-15
Category: India, Delhi,National,Business/Economy
India's Oct wholesale price inflation eases to 0.16%
New Delhi, Nov 14 (IANS) India's annual rate of inflation based on wholesale prices eased to 0.16 per cent in October from 0.33 per cent in September, official data showed on Thursday.
2019-11-14
Category: India, Delhi,Business/Economy
Sun TV plunges 10%, Nifty media index down 3%
Mumbai, Nov 13 (IANS) Sun TV on Wednesday plunged over 10 per cent during the early trade after it reported a fall in advertisement revenues. Nifty media index fell by 3 per cent.
2019-11-13
Category: India, Maharashtra,Business/Economy
Bharat Forges' management commentary, surprising
Mumbai, Nov 11 (IANS) Management commentary, usually measured and aimed at boosting confidence among investors is changing amid the severe slowdown in the country. More than Bharat Forges' quarterly numbers, investors and brokerage were surprised at its sharp commentary on the business environment in the country, after the company said the business environment in the past quarter had been the "toughest period witnessed by the company in the decade".
2019-11-11
Category: India, Maharashtra,Business/Economy
Alibaba Singles' Day sales hit $26.38bn, breaks past record
Hangzhou (China), Nov 11 (IANS) Tech giant Alibaba's Singles' Day sales has hit $26.38 billion and set to zoom past its previous year record holding high hopes for the Chinese economy which has slowed down in the wake of a global trade war.
2019-11-11
Category: International, China,Business/Economy
Petrol prices above Rs 73/litre for 3rd consecutive day
New Delhi, Nov 10 (IANS) With a rise of 45 paise per litre, petrol prices in Delhi remained above Rs 73 per litre for the third consecutive day on Sunday. Diesel prices however, remained unchanged.
2019-11-10
Category: India, Delhi,National,Business/Economy
Nomura heat-map shows most macro indicators in red zone
New Delhi, Nov 8 (IANS) A heat-map prepared by CEIC and Nomura Global Economics has shown most macro economic data slipping into red since first quarter of the current fiscal.
2019-11-08
Category: India, Delhi,Business/Economy
Voda, Yes Bank out of MSCI; SBI Life, DLF make inroads
Mumbai, Nov 8 (IANS) Eight stocks, including Berger Paints, DLF, SBI Life Insurance have been added to the recent rejig of the Morgan Stanley Capital International (MSCI) index, while six struggling scrips of Yes Bank, India Bulls Housing Finance, Bharat Heavy Electricals Ltd (BHEL) among others have been removed.
2019-11-08
Category: India, Maharashtra,Business/Economy
Moody's cuts India outlook to 'negative', Govt says macro stats strong (2nd Lead)
New Delhi, Nov 8 (IANS) Global rating agency Moody's Investors Service on Friday cut India's outlook from 'stable' to 'negative' reflecting increasing risks to the country's economic growth and the government's failure in addressing long-standing economic and institutional weaknesses.
2019-11-08
Category: India, Delhi,Business/Economy
Snowfall in Kashmir damages apple orchards, cripples life
Srinagar, Nov 8 (IANS) Heavy snowfall over the past 36 hours has caused massive damage to apple trees as life was thrown out of gear in the Kashmir Valley for the second day on Friday.
2019-11-08
Category: India, Jammu And Kashmir,National,Business/Economy,Environment/Wildlife
Amnesty scheme to deploy 40% black money in Elephant Bond (IANS Exclusive)
New Delhi, Nov 7 (IANS) The High Level Advisory Group (HLAG) set up by the Minister of Commerce has recommended Elephant Bond, an amnesty scheme to bring black money back in India.
2019-11-07
Category: India, Delhi,Business/Economy
Pradhan seeks direct flight between Jharsuguda-Mumbai
Bhubaneswar, Nov 7 (IANS) Union Petroleum Minister Dharmendra Pradhan has requested Civil Aviation Minister Hardeep Singh Puri for a direct flight between Jharsuguda and Mumbai under 'Ude Desh Ka Aam Nagrik' (UDAN) scheme.
2019-11-07
Category: India, Orissa,National,Business/Economy
Audi India introduces Lifetime Value Services
New Delhi, Nov 7 (IANS) Audi India has introduced a 'Lifetime Value Services' for its customers. The service will include extended warranty up to 7 years, and road side assistance up to 11 years.
2019-11-07
Category: India, Delhi,Business/Economy
Credit growth, NBFC liquidity top on FM's FSDC discussion
New Delhi, Nov 7 (IANS) Finance Minister Nirmala Sitharaman will on Thursday chair a meeting of the RBI's Financial Stability Development Council meeting to discuss mainly the credit offtake in retail and corporate sector as well as the liquidity situations with regard to the NBFCs with the financial regulators.
2019-11-07
Category: India, Delhi,Business/Economy
IndiGo, Qatar Airways enter into codeshare agreement
New Delhi, Nov 7 (IANS) In line with its international expansion plans, budget passenger carrier IndiGo on Thursday signed a one-way codeshare agreement with Qatar Airways.
2019-11-07
Category: India, Delhi,Business/Economy
Delhi-Mumbai airfare spikes, airlines say 'normal'
New Delhi, Nov 7 (IANS) Airfares on Delhi-Mumbai route has gone up with the number of flights coming down on the key trunk route due to runway closure at Mumbai airport for repair works.
2019-11-07
Category: India, Delhi,Business/Economy
Monocropping is harming farmers: Expert
Kolkata, Nov 7 (IANS) The monocropping practice is one of the biggest problems facing the agriculture system in the country as this gradually weakens the soil strength, thus harming the farmers, claims Padma Shri Bharat Bhushan Tyagi.
2019-11-07
Category: India, West Bengal,National,Business/Economy
BSNL notifies VRS, scheme open till Dec 3
New Delhi, Nov 6 (IANS) State-run Bharat Sanchar Nigam Limited (BSNL) has notified its Voluntary Retirement Scheme and has asked its circle heads to circulate the guidelines to facilitate the exercise of option by its employees.
2019-11-06
Category: India, Delhi,National,Business/Economy
Maruti Suzuki JV to set up vehicle dismantling unit by 2020-21
New Delhi, Nov 6 (IANS) Automobile major Maruti Suzuki will set up its vehicle dismantling and recycling unit in Noida within 2020-21 via a joint venture company with the Toyota Tsusho Group.
2019-11-06
Category: India, Delhi,Business/Economy
Boeing forecasts demand for 2,380 new aircraft in India by 2038
New Delhi, Nov 6 (IANS) Global aerospace major Boeing expects a demand for 2,380 new aircraft in India, valued at $330 billion, over the next 20 years.
2019-11-06
Category: India, Delhi,Business/Economy
Infosys denies co-founders' role in whistleblower's charges
Bengaluru, Nov 6 (IANS) Global software major Infosys on Wednesday denied role of its co-founders or former colleagues in the charges the unknown whistleblower has made.
2019-11-06
Category: India, Karnataka,Business/Economy
IL&FS Financial Services defaults on payments as low as Rs 4 lakh (IANS Exclusive)
N0ew Delhi, Nov 5 (IANS) IL&FS Financial Services has defaulted on its payment obligations on loans and interest payments as low as Rs 4 lakh from October 31 to November 4.
2019-11-05
Category: India, New Delhi,Business/Economy
Power from non-coal sources on rise in India
New Delhi, Nov 5 (IANS) When economies stumble, slackening electricity demand is a very common symptom, and in India's case, the current rapid decline is quite specific to coal, an international researcher said on Tuesday.
2019-11-05
Category: India, Delhi,National,Business/Economy
Vistara to induct B787-9 Dreamliner, A321 for long-haul flights
New Delhi, Nov 4 (IANS) Tata-Singapore Airlines (SIA) joint venture carrier Vistara will induct two Boeing 787-9 Dreamliner and one A321neo this fiscal to launch medium and long-haul international flights.
2019-11-04
Category: India, Delhi,National,Business/Economy
IndiGo server collapses, long queues at airports
New Delhi, Nov 4 (IANS) Passengers flying IndiGo faced long queues across airports on Monday morning after the airline's server collapsed.
2019-11-04
Category: India, Delhi,National,Business/Economy
Prasad asks BSNL/MTNL to start dialogue with staff on VRS
New Delhi, Nov 3 (IANS) Telecom Minister Ravi Shankar Prasad has directed the ailing telecom PSUs, BSNL and MTNL, to start a dialogue with their employees on the terms and conditions of the voluntary retirement scheme (VRS) and prepare a roadmap for its successful implementation, higly placed sources said.
2019-11-03
Category: India, Delhi,National,Business/Economy
IOC close to plastics-to-oil tech breakthrough
New Delhi, Nov 3 (IANS) Indian Oil Corporation, the countrys largest PSU refiner and retailer, is about to complete a research that could throw up one of the biggest breakthroughs and help the government eliminate all single-use plastics from the country by 2022.
2019-11-03
Category: India, Delhi,Business/Economy,Technology
Two-phased strategic disinvestment for BPCL likely
New Delhi, Nov 3 (IANS) The government may consider two-phased disinvestment for public sector oil refiner and retailer Bharat Petroleum Corporation Ltd (BPCL), if the initial strategic sale of the entire 53.29 per cent government stake in the company fails to get requisite response.
2019-11-03
Category: India, Delhi,Business/Economy
Google-Fitbit deal: Should Apple be wary?
New Delhi, Nov 3 (IANS) San Francisco-headquartered activity trackers and wearables maker Fitbit is being acquired by Google's parent company Alphabet, which is paying $7.35 per share in cash for the company, valuing it at about $2.1 billion.
2019-11-03
Category: India, Delhi,Business/Economy,Technology
Bajaj Auto's motorcycle sales down 14% in October
New Delhi, Nov 1 (IANS) Festive season has failed to reverse negative sales trend in the domestic auto sector. Leading bikemaker Bajaj Auto has reported a 14 per cent decline in its sales of motorcycles in the month of October this year.
2019-11-01
Category: India, Delhi,Business/Economy
Key issues yet to be resolved for Air India sale
New Delhi, Nov 1 (IANS) The government has decided to ease terms of sale for Air India but it is still facing tough choice on almost half a dozen issues that could be crucial for the airline's successful disinvestment.
2019-11-01
Category: India, Delhi,Business/Economy
CBDT extends IT returns date in J&K, Ladakh till Nov 30
New Delhi, Oct 31 (IANS) The Central Board of Direct Taxes (CBDT) on Thursday extended, till November 30, the date for filing of Income Tax Returns for the assessees in all categories in newly-created Union Territories of Jammu and Kashmir and Ladakh in view of disruptions in internet services there.
2019-10-31
Category: India, Delhi,National,Business/Economy,Politics
Quess hiresMcKinsey honcho Moraje as group CEO
Bengaluru, Oct 31 (IANS) Leading IT services provider Quess Corporation Ltd hired global consulting firm McKinsey senior partner Krishna Suraj Moraje as group Chief Executive Officer (CEO) designate and director from November 4.
2019-10-31
Category: India, Karnataka,National,Business/Economy
WTO Panel recommends India withdraw export subsidies
New Delhi/Geneva, Oct 31 (IANS) A World Trade Organization Panel has recommended that India withdraw the "prohibited subsidies" on exports within 90-180 days.
2019-10-31
Category: India, Delhi,Business/Economy,Diplomacy
Macro data paints gloomy picture, core sector growth down 5% (Roundup)
New Delhi, Oct 31 (IANS) Slowdown in overall business activity plunged the Indian economy in the first half of 2019-20, as macro-economic data points showed contraction in major industries' output coupled with lower tax collection rate.
2019-10-31
Category: India, Delhi,Business/Economy
April-Sep fiscal deficit at 92.6% of budgetary target
New Delhi, Oct 31 (IANS) India's budgetary fiscal deficit for the April-September period came in at 92.6 per cent, or Rs 6.51 lakh crore, of the budget estimates (BE), official data showed on Thursday.
2019-10-31
Category: India, Delhi,Business/Economy
Oyo Life aims for 1,00,000 bed count by 2019-end
Bengaluru, Oct 31 (IANS) Oyo Life, a long-term rental solutions player, aims to provide 1,00,000 beds by 2019-end, the company said on Thursday.
2019-10-31
Category: India, Karnataka,National,Business/Economy
IOC reports sharp 82.7% fall in Q2 profit
New Delhi, Oct 31 (IANS) The country's largest public sector refiner, Indian Oil Corporation (IOC), on Thursday reported a 82.7 per cent fall in its net profit for the second quarter period of financial year 2019-20 on the back of slump in refinery margins and inventory losses.
2019-10-31
Category: India, Delhi,Business/Economy
Reliance Jio says TSPs have financial capacity to pay govt dues
New Delhi, Oct 31 (IANS) Reliance Jio Infocom on Thursday wrote to top government functionaries, stating that telecom operators, Airtel and Vodafone Idea, have sufficient financial capacity to pay the dues to the government by monetising assets and issuing fresh equity.
2019-10-31
Category: India, Delhi,Business/Economy
Will sign only fair, transparent RCEP, says India
New Delhi, Oct 31 (IANS) As Prime Minister Narendra Modi is set to visit Bangkok for the ASEAN summit from November 2-4, Indian negotiators are discussing critical aspects of the RCEP mega trade deal to ensure it is "fair and transparent", before committing to sign it.
2019-10-31
Category: India, Delhi,National,Diplomacy,Business/Economy
Apple dominates the pre-owned smartphone mkt in India: OLX
New Delhi, Oct 31 (IANS) Apple has raced ahead of Samsung, Xiaomi and BBK Electronics brands (Vivo, Oppo, and Oneplus) to emerge as the most popular smartphone brand in the Indian pre-owned smartphone market, a new study from OLX revealed on Thursday.
2019-10-31
Category: India, Delhi,Business/Economy,Technology
Sensex logs all time high of 40,329 after Fed's rate cut
Mumbai, Oct 31 (IANS) The benchmark equity index, Sensex, surpassed its previous lifetime high during the early trade on Thursday.
2019-10-31
Category: India, Maharashtra,Business/Economy
J&K administration approves restructuring of Power Dept
New Delhi, Oct 30 (IANS) With the Jammu and Kashmir Reorganisation Act to take effect from October 31, the state administration on Wednesday restructured the Power Development Department and shifted all the staff accordingly.
2019-10-30
Category: India, Delhi,National,Business/Economy,Politics