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Business

Business / National / Special

FM to banks: Roll out resolution schemes by Sep 15 for Covid-related stress

September 3, 2020 - by IANS

New Delhi, Finance Minister Nirmala Sitharaman on Thursday directed banks to roll out resolution schemes for Covid-related stress by September 15. During her interaction with the heads of scheduled commercial …

FM to banks: Roll out resolution schemes by Sep 15 for Covid-related stress Read More
RBI revises FY21 growth to (-)7.5% on current recovery rate, vaccine hopes
Business / News Update

RBI’s nod for Murali Ramakrishnan’s appointment as South Indian Bank MD

September 3, 2020 - by IANS

Mumbai:  The Reserve Bank of India (RBI) has approved the appointment of Murali Ramakrishnan as the MD and CEO of South Indian Bank with effect from October 1. In a …

RBI’s nod for Murali Ramakrishnan’s appointment as South Indian Bank MD Read More
Sensex hits 45K mark for first time ever
Business / News Update

Equity indices trade marginally higher; IT, stocks rise

September 3, 2020 - by IANS

Mumbai:  The key Indian equity indices traded in green with marginal gains on Thursday morning. Healthy buying was witnessed in IT and auto stocks. Around 10.40 a.m., Sensex was trading …

Equity indices trade marginally higher; IT, stocks rise Read More
Business / National / Special

Railway Board members’ designations changed, Chairman now CEO

September 2, 2020 - by IANS

New Delhi,  Almost nine months after the Union Cabinet approved the organisational restructuring of the Indian Railways, including the merger of eight Group A services to end departmentalism, promote smooth …

Railway Board members’ designations changed, Chairman now CEO Read More
Business / News Update

Flipkart Wholesale launches B2B marketplace for kiranas, MSMEs

September 2, 2020 - by IANS

Bengaluru:  E-commerce platform Flipkart on Wednesday launched operations of its digital business-to-business marketplace, Flipkart Wholesale, with an aim to connect local manufacturers with retailers and bring the entire wholesale marketplace …

Flipkart Wholesale launches B2B marketplace for kiranas, MSMEs Read More
Business / News Update

JSPL arm sells 49% stake in JSIS Oman to Vulcan Steel

September 2, 2020 - by IANS

New Delhi: Jindal Steel & Power’s Mauritius arm has sold 48.99 per cent stake in its Oman asset, Jindal Shadeed Iron and Steel LLC to Vulcan Steel, a subsidiary of …

JSPL arm sells 49% stake in JSIS Oman to Vulcan Steel Read More
Business / News Update

Amazon to invest $18 billion this year to help SMBs grow

September 2, 2020 - by IANS

Seattle:  Amazon has announced to invest $18 billion this year to help small and medium businesses (SMBs) scale their operations and grow. In the next 12 months, the ecommerce behemoth …

Amazon to invest $18 billion this year to help SMBs grow Read More
Business / News Update

Vodafone Idea board to mull raising funds post AGR verdict

September 2, 2020 - by IANS

New Delhi:  The Board of Directors of Vodafone Idea Ltd (VIL) will meet on Friday to discuss and evaluate proposals for raising funds in one or more tranches through public …

Vodafone Idea board to mull raising funds post AGR verdict Read More
Equity indices rise ahead of monetary policy announcement
Business / National / News Update

Markets open in red on Wednesday

September 2, 2020 - by IANS

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE opened at 38,892.64 points and touched …

Markets open in red on Wednesday Read More
Business / National / Special

IndianOil to Invest Rs 1268 Cr. for Grassroot Needle Coker Unit at Paradip Refinery, in Odisha 

September 1, 2020 - by The Samikhsya

New Delhi : The IndianOil board has cleared the Stage-1 approval to install a Grassroot Needle Coker Unit at Paradip Refinery using IndianOil R&D’s in-house technology. The proposed unit will …

IndianOil to Invest Rs 1268 Cr. for Grassroot Needle Coker Unit at Paradip Refinery, in Odisha  Read More

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    Hiranandani Sands Alibaug Launches Fern-Marriott Serviced Apartments

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