Business

  • Amazon India’s Chandramouli Godhandaraman joins hiver as head of engineering

    New Delhi: Bengaluru-based SaaS platform Hiver, an email collaboration tool for teams, announced the appointment of Chandramouli Godhandaraman as its Head of Engineering. In this role, he will be responsible for driving…

  • Kia Motors begin trial pduction at India plant

    Anantapur: South Korean automotive major Kia Motors on Tuesday commenced trial production at its India plant in Anantapur district of Andhra Pradesh with plans to commercially launch its first vehicle in the…

  • Bajaj Auto profit jumps 16% to Rs 1,102 crore

    Mumbai: Bajaj Auto Limited on Wednesday reported profit after tax of Rs 1,102 crore during October to December 2018, up 16 per cent from Rs 952 crore in the same period of…

  • DHFL stock falls over 10% after Cobrapost allegations

    MUMBAI: Dewan Housing Finance Corp (DHFL) continued to witness heavy selling pressure on Wednesday, falling over 10 per cent, a day after news website Cobrapost claimed that the primary promoters of DHFL…

  • DCM Shriram reports 19% jump in net revenues

    New Delhi: DCM Shriram Limited has reported a 19 per cent rise in its net revenues to Rs 2,115 crore during the third quarter ending December 31, 2018, from Rs. 1,784 crore…

  • Markets open in green territory with Sensex up 108 points

    Mumbai: Indian shares opened mildly in the green on Wednesday with the S&P BSE Sensex up 108 points at 35,701 at 10:00 am. The Nifty 50 was also ruling 24 points high…

  • US dollar rebounds amid Brexit uncertainty

    New York: The US dollar bounced on Tuesday as the British pound extended losses against the greenback, after a much-anticipated amendment to postpone Brexit was rejected by the British Parliament. In late…

  • US stocks close mixed amid earnings, economic data

    New York: US stocks closed mixed as investors digested a batch of corporate earnings reports and key economic data. The Dow Jones Industrial Average on Tuesday rose 51.74 points, or 0.21 percent,…

  • Sensex up 200 points, Nifty above 10,700

    Mumbai: The Sensex on Wednesday opened over 200 points higher while the Nifty reclaimed the 10,700 mark owing to strong gains in banking stocks. The BSE Banking index gained over 1 percent.…

  • Fabindia presents Indian spring, the Chikankari collection

    New Delhi: Fabindia, India’s largest lifestyle retail brand, announces the launch of Indian Spring, the fresh new Chikankari collection. Timeless, versatile and handcrafted the new range seamlessly blends the modern and the…

  • Mohammed Mansoor receiving award at 38th International Congress of NRI’s

    New Delhi: The Indian business diaspora across the globe convenes at the annual International Congress of NRI’s of Indian Origin conclave on the eve of the Republic Day to honor the best…

  • Sensex ends lower over caution over budget, global cues

    Mumbai: Concerns over a rise in US-China trade tensions along with caution ahead of the interim budget kept the major equity indices in a tight range and eventually led them to end…

  • Sensex ends 64 points lower, Nifty settles at 10,652

    Mumbai: Uncertainties in the global market and caution ahead of the interim budget kept the major equity indices in a tight range on Tuesday, which lead to both key indices ending on…

  • Sensex down 150 points as US-China tension looms large

    Mumbai: Sensex and Nifty traded lower following the Asian stocks during Tuesday’s afternoon session after the US brought criminal charges against Chinese telecom giant Huawei that could escalate the US-China trade tensions.…

  • Zee Media independent director quits after company ‘upheavals’

    MUMBAI: The massive plunge in Zee Entertainment Enterprises Ltd (ZEEL) stock last week following a media report which said that Zee promoters Essel Group was involved in money laundering has had a…

  • India’s biggest corruption scandal: Cobrapost accuses DHFL of Rs 31,000-cr scam

    MUMBAI: Non-profit journalism company Cobrapost accused allegations against promoters of Dewan Housing Finance Corporation (DHFL) of having siphoned off Rs 31,000 crore public funds. The DHFL’s primary promoters in the exposé are…

  • Kia Motors to launch first vehicle in India after July

    Bengaluru: South Korean automotive major Kia Motors, which is commencing trial production at its India plant at Anantapur in Andhra Pradesh on Tuesday, will launch its first vehicle after July this year,…

  • Sensex drops 345 points, Nifty slips 119 points

    Mumbai: Indian shares dropped on Monday as subdued corporate results dampened market sentiment but the losses were curbed by gains in Zee Entertainment Enterprises. The S&P BSE Sensex closed 368 points lower…

  • RBI governor meets PSU bank chiefs

    New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das met heads of public sector banks on Monday ahead of the monetary policy review, to gain an understanding of current banking sector,…

  • Equity market down around 1%; banking stocks tank

    Mumbai: Heavy selling pressure in banking, automobile, healthcare and consumer durables stocks pulled the Indian equity market lower by around 1 per cent during Monday’s afternoon trade session. However, global cues such…

  • Maruti Suzuki launches new WagonR starting at Rs 4.19 lakh

    New Delhi: Maruti Suzuki India on Wednesday launched the third generation WagonR with prices starting at Rs 4.19 lakh. The new model comes with two engine variants, 1.2 litre and 1.0 litre…

  • Amazon is unignorable by companies: Report

    Washington: What started off as a humble online bookstore, today, Amazon is a technology behemoth with a presence beyond just e-commerce. The company has a noticeable presence in logistics, manufacturing, grocery, customer…

  • Media and entertainment industry to touch $ 52.6 billion by 2022: ASSOCHAM-PwC

    New Delhi: The Indian media and entertainment industry is projected to grow at a compound annual growth rate of 11.7 per cent from 30.3 billion dollars in 2017 to 52.6 billion dollars…

  • QuikrHomes hosts Realty Awards 2019

    Bengaluru: QuikrHomes, a real-estate vertical of Quikr, announced felicitation of the winners at QuikrHomes Realty Awards 2019. The theme of the event, jointly organised by QuikrHomes, was ‘Selling Real-Estate in New Era’.…

  • Markets open on a weak note, Sensex down 170 points

    Mumbai: Indian stocks opened on a subdued note on Monday while Asian indices advanced marginally as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged…

  • Japan’s Nikkei opens lower as stronger yen dents sentiment

    Tokyo: Tokyo stocks opened marginally lower on Monday as a comparatively firm yen against the US dollar dented investor sentiment and saw market players secure profits from recent gains. As of 9:15…

  • Chinese yuan edges higher to 6.7472 against US dollar

    Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 469 basis points to 6.7472 against the US dollar Monday, according to the China Foreign Exchange Trade System.…

  • Key Indian equity indices open in green

    Mumbai: Taking a cue from global markets, the key Indian equity market indices on Monday opened higher, however, within minutes they were trading in the red. The Sensitive Index (Sensex) of the…

  • US removes Russian aluminium firm from the sanctions list

    Washington: The US removed a Russian aluminium company from its sanctions list after a blacklisted billionaire and close ally of President Vladimir Putin delivered on a promised plan to divest his majority…

  • Thailand aims to attract more Indian tourists

    Singapore: Thailand is one of the favourite international tourist destinations for Indians. The Indian tourists spent almost 70 billion Baht (USD 2.2 billion) last year and 58 per cent of them have…

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