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Business

Business / News Update

Amazon Air expands aircraft fleet to help more people in Covid-19 times

June 4, 2020 - by IANS

Seattle:  Amazon has announced to lease 12 additional 767-300 converted cargo aircraft, increasing their fleet to over 80 aircraft as part of its dedicated air cargo network to help people …

Amazon Air expands aircraft fleet to help more people in Covid-19 times Read More
Business / News Update

Sensex above 34k, Nifty hits 10k as finance stocks surge

June 3, 2020 - by IANS

Mumbai: The Indian equity indices gained for the sixth straight session with the BSE Sensex closing over the 34,000 mark and the Nifty50 on the National Stock Exchange (NSE) settling over …

Sensex above 34k, Nifty hits 10k as finance stocks surge Read More
Business / News Update

IT spending in India to plummet 8% in 2020: Gartner

June 3, 2020 - by IANS

Mumbai: Due to Covid-19 pandemic impact, IT spending in India will total $83.5 billion, a decline of 8.1 per cent in 2020, according to a forecast by Gartner on Wednesday. …

IT spending in India to plummet 8% in 2020: Gartner Read More
Business / News Update

Sensex up 370 points, Nifty above 10,000-mark

June 3, 2020 - by IANS

Mumbai:  Indian stock market continued its rally on Wednesday with the BSE Sensex rising over 300 points and the Nifty50 on the National Stock Exchange trading above the 10,000-points mark. …

Sensex up 370 points, Nifty above 10,000-mark Read More
Silver Lake to invest Rs 7,500 cr in Reliance Retail
Business / News Update

Oversubscribed 130%, RIL issue largest in the world in a decade by non-finance co

June 2, 2020 - by IANS

New Delhi; Reliance Industries Limited (RIL) rights issue oversubscription reached 129.8 per cent with one day still to go. As per data, applications for 8.8 crore plus shares were received on …

Oversubscribed 130%, RIL issue largest in the world in a decade by non-finance co Read More
Goldman Sachs expects Nifty to reach 14,100 by end 2021
Business / News Update

Nifty nears 10,000 as equities rise for 5th straight session

June 2, 2020 - by IANS

Mumbai: The Indian stock market logged its fifth consecutive session of gains on Tuesday as the Nifty50 on the National Stock Exchange ended near the 10,000 mark and the BSE Sensex …

Nifty nears 10,000 as equities rise for 5th straight session Read More
Business / News Update

IndiGo reports Rs 870 cr net loss for Q4

June 2, 2020 - by IANS

Mumbai:  Covid-19-battered airline major IndiGo reported, here on Tuesday, over Rs 870 crore net loss for the fourth quarter of 2019-20. The airline had posted Rs 595.8 crore net profit …

IndiGo reports Rs 870 cr net loss for Q4 Read More
Business / News Update

SBI launches separate vertical for agriculture, micro credit

June 2, 2020 - by IANS

New Delhi:  In a major restructuring exercise, the State Bank of India (SBI), the largest lender of the country, has created a separate FI&MM vertical within the Bank with an …

SBI launches separate vertical for agriculture, micro credit Read More
Business / News Update

Realme sells over 15K Smart TVs in 10 mins, launching 55-inch TV soon

June 2, 2020 - by IANS

New Delhi:  Chinese brand Realme on Tuesday sold over 15,000 smart in less than 10 minutes on its first sale on both Flipkart and Realme.com, which is the fastest sale …

Realme sells over 15K Smart TVs in 10 mins, launching 55-inch TV soon Read More
Business / News Update

Sensex gains 300 points; banking, finance stocks rise

June 2, 2020 - by IANS

Mumbai: The key Indian equity indices gained on Tuesday morning with the BSE Sensex rising over 300 points. The domestic indices tracked gains in the Asian market, analysts said. Healthy …

Sensex gains 300 points; banking, finance stocks rise Read More

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