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Business

Business / News Update

Sensex up 995 points as banking, finance stocks soar

May 27, 2020 - by IANS

Mumbai: The Indian equity markets surged on Wednesday after a choppy initial trade with the BSE Sensex closing 995 points higher at 31,605.22 on the back of healthy buying in …

Sensex up 995 points as banking, finance stocks soar Read More
Petrol, diesel price increase pauses after 5 days
Business / News Update

Govt postpones strategic sale of BPCL for second time

May 27, 2020May 27, 2020 - by IANS

New Delhi:  The government has further extended the deadline for bidding to buy its entire 52.98 per cent stake in the country’s second-biggest oil refiner, Bharat Petroleum Corp Ltd (BPCL), …

Govt postpones strategic sale of BPCL for second time Read More
Business / News Update

Samsung to provide 80% of iPhone 12 OLED displays: Report

May 27, 2020 - by IANS

San Francisco: Samsung Display is expected to provide nearly 80 per cent of the OLED displays used in this year’s iPhone 12 lineup. Apple is expected to launch four new iPhones …

Samsung to provide 80% of iPhone 12 OLED displays: Report Read More
Business / News Update

Zoom hires VMware veteran Sankarlingam as product, engineering head

May 27, 2020 - by IANS

New Delhi: Video meet app Zoom on Wednesday announced it has hired enterprise softare major VMware veteran Velchamy Sankarlingam as President of Engineering and Product. Reporting directly to Zoom CEO Eric …

Zoom hires VMware veteran Sankarlingam as product, engineering head Read More
Business / News Update

Apple fixes bug that stopped some iOS apps from opening

May 27, 2020 - by IANS

San Francisco: Apple has fixed a bug in its Family Sharing system that prevented some iOS and iPadOS apps from opening. The bug led to iOS users getting an error indicating …

Apple fixes bug that stopped some iOS apps from opening Read More
Business / News Update

Markets open on positive note

May 27, 2020 - by IANS

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 30,793.11 points and touched a high of 30,825.18 points. The Sensex …

Markets open on positive note Read More
Business / News Update / Science & Tech

Google to reopen offices from July 6, gives workers $1,000 each

May 27, 2020May 27, 2020 - by IANS

San Francisco: Google has set July 6 the date for its employees to return to office in a gradual, phased manner and has announced to give $1,000 (around Rs 75,000) to …

Google to reopen offices from July 6, gives workers $1,000 each Read More
US dollar slips as risk appetite improves
Business / International / News Update

US dollar slips as risk appetite improves

May 27, 2020 - by IANS

New York: The US dollar dipped in late trading on Tuesday as risk sentiment returned to the market amid a reopening world economy, subduing demand for the safe-haven currency. The dollar …

US dollar slips as risk appetite improves Read More
Business / News Update

Equity indices reverse all gains to end in red

May 26, 2020 - by IANS

New Delhi: The domestic stock market gave up all its gains on Tuesday to end in negative territory. The BSE Sensex which surged over 400 points earlier in the day to …

Equity indices reverse all gains to end in red Read More
Digitalisation of SMBs can add $216bn to India's GDP by 2024
Business / Special

Covid Recession: India’s GDP likely to contract 5% in FY21: Crisil

May 26, 2020 - by IANS

New Delhi: India is likely to suffer from its fourth recession in the last 69 years, as the country’s GDP is likely to contract by 5 per cent in FY21, credit …

Covid Recession: India’s GDP likely to contract 5% in FY21: Crisil Read More

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