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Business

Business / Special

India’s economy is in deep trouble: S&P

June 27, 2020 - by IANS

New Delhi, S&P Global Ratings said on Friday that the Indian economy is in deep trouble with growth likely to contract by 5 per cent this financial year. “India’s economy …

India’s economy is in deep trouble: S&P Read More
NALCO declares Rs 138.23 crore profit in FY19-20
Business / National / News Update

NALCO declares Rs 138.23 crore profit in FY19-20

June 26, 2020 - by IANS

Bhubaneswar: National Aluminium Company Limited (NALCO) has posted a net profit of Rs 138.23 crore in FY19-20, said a statement on Friday. According to the audited financial results for the year, …

NALCO declares Rs 138.23 crore profit in FY19-20 Read More
Business / National / News Update

Sensex ends 329 points higher to reclaim 35k, IT stocks surge

June 26, 2020 - by IANS

Mumbai: The Indian stocks market rose on Friday with S&P BSE Sensex reclaiming the 35,000 mark. The rise in global equity markets supported the investors’ sentiment in India. Besides, healthy buying …

Sensex ends 329 points higher to reclaim 35k, IT stocks surge Read More
Business / News Update

Bullion’s bull-run: Gold may hit Rs 52,000 by Diwali

June 26, 2020 - by IANS

New Delhi:  With looming uncertainty and no likelihood of an early economic recovery in sight, the bull run in gold prices is here to stay. Analysts expect domestic futures to …

Bullion’s bull-run: Gold may hit Rs 52,000 by Diwali Read More
Business / News Update

Yes Bank case: SC dismisses pre-arrest bail plea of DHFL promoters

June 26, 2020June 26, 2020 - by IANS

New Delhi: The Supreme Court on Friday declined to entertain pleas seeking anticipatory bail for DHFL promoters Dheeraj Wadhawan and Kapil Wadhawan in a money laundering case of Yes Bank …

Yes Bank case: SC dismisses pre-arrest bail plea of DHFL promoters Read More
OYO launches 1-stop travel assistance, ties up with SRL, 1mg
Business / News Update

OYO to lay off several furloughed employees in US

June 26, 2020 - by IANS

New Delhi:  Hospitality major OYO that announced furloughs or temporary leaves for its employees in the US in April has now confirmed that “large majority” of them would be laid …

OYO to lay off several furloughed employees in US Read More
Petrol-diesel prices increase after almost 2-month break
Business / News Update

Fuel price hike: Petrol crosses Rs 80/lt in Delhi

June 26, 2020 - by IANS

New Delhi: Rise in fuel prices continued on Friday across the metros with petrol prices crossing Rs 80 per litre in the national capital. In Delhi, petrol was sold for …

Fuel price hike: Petrol crosses Rs 80/lt in Delhi Read More
Business / News Update

Realme eyes to sell 30mn phones, 8mn AIOT products by 2020-end in India: CEO

June 26, 2020 - by IANS

New Delhi:  As India gears up to enter unlock 2.0 from June 30, realme India CEO Madhav Sheth has refreshed his target for the rest of the year, eyeing 30 …

Realme eyes to sell 30mn phones, 8mn AIOT products by 2020-end in India: CEO Read More
Business / News Update

HUL completes VWash acquisition from Glenmark

June 26, 2020 - by IANS

Mumbai: Hindustan Unilever Limited (HUL) on Friday announced that it has completed the acquisition of intimate hygiene brand VWash from Glenmark Pharmaceuticals Ltd. In a regulatory filing, HUL said that …

HUL completes VWash acquisition from Glenmark Read More
Business / News Update

Amazon to acquire self-driving firm Zoox for over $1bn: Report

June 26, 2020 - by IANS

San Francisco:  Amazon is set to spend over $1 billion to acquire self-driving car startup Zoox, The Information reported. The deal could be officially announced as early as Friday. The …

Amazon to acquire self-driving firm Zoox for over $1bn: Report Read More

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