Business news
- Business
Broken rice in transit with certain conditions now allowed for export till September 30
New Delhi : Exports of broken rice will be now allowed till September 30, including for where loading of broken rice on the ship has commenced before the initial ban order came…
- Business
RBI Governor stresses fintech’s role as a force multiplier
New Delhi: RBI Governor Shaktikanta Das in his address to the https://www.siasat.com/tag/global-fintech/ Fest (GFF) 2022 marked the theme of his talk as Fintech as a Force Multiplier. “Technology, innovation and fintech are…
- Business
Indian economy resilient; accumulate stocks on correction: Report
New Delhi : The Indian economy is resilient and has shown strength despite weakness across the globe whereas any correction in its equity markets should be utilized as an opportunity to invest…
- Business
RCMB students bagged 600+ jobs in 2022 placement drives
Bangalore: Regional College of Management, Bangalore (RCMB), is a beautiful amalgamation of multi-cultural community. It is one of the highly-recommended management institutions in Bangalore. With equal opportunities for each individual throughout the…
- Business
US Fed’s single-minded focus on inflation: S&P Global Market Intelligence
New Delhi : The US Federal Reserve will be single-mindedly focused on inflation until it is lowered closer to the 2 per cent target on a sustained basis, said global business intelligence…
- Business
Delhi HC allows Tatas’ appeal against cryptocurrency ‘TATA Coin’
New Delhi: The Delhi High Court on Monday allowed an appeal by Tata Sons Private Ltd to grant an ad-interim injunction against Hakunamatata Tata Founders and others using the former’s trademark for…
- Business
Kineco bags Rs 113 cr order for Vande Bharat trains, parent Indo National’s shares shoot up
Chennai: City-based Indo National Ltd — the makers of Nippo brand of batteries and torches — said on Monday that its subsidiary Kineco Ltd has bagged a Rs 113 crore order for…
- Business
SBI to raise upto Rs 4,000 cr via Basel-III Tier-II bonds
Mumbai: The State Bank of India (SBI) has planned to raise up to Rs 4,000 crore, which includes Rs 2,000 crore in greenshoe through Basel-III Tier-II bonds maturing in 15-years, dealers said.…
- Business
Most Indian won’t use print-out at home service like offered by Blinkit
New Delhi: Only 14 per cent of consumers in India would use 10-minute delivery platforms to get print-outs delivered at home, a report said on Monday, as Zomato-owned Blinkit recently started printout…
- Business
Ola laying off 500 employees from its software verticals: Report
New Delhi : As the sale of its electric two-wheeler declines, ride-hailing major Ola is reportedly laying off nearly 500 employees in another round, this time from its various software verticals of…
- Business
Samsung logs record chip market share, Intel at distant second
Seoul: Samsung Electronics expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research report showed on Monday. Samsung’s chip revenue for the April-June…
- Business
Gross direct tax collections rise 30% in 2022-23, net direct tax collections up 23%
New Delhi: Gross direct tax collections till 2022-23 as on September 17 stood at Rs 8.36 lakh crore, witnessing a growth of 30 per cent over collections of corresponding period of last…
- Business
Adani becomes India’s second largest cement player
Mumbai: The Adani Family, through Endeavour Trade and Investment Ltd, a special purpose vehicle, has successfully completed the acquisition of Ambuja Cements Ltd and ACC Ltd. The transaction involved the acquisition of…
- Business
RBI likely to increase repo rate by 50 basis points to 5.9% in Sep policy: Morgan Stanley
Mumbai: The Monetary Policy Committee in the September credit policy is likely to increase the repo rate by 50 basis points to 5.90 per cent and will keep stance unchanged, according to…
- Business
IRCTC causing loss to exchequer by not issuing invoice: Tax consultant
Chandigarh: The Indian Railway Catering and Tourism Corporation (IRCTC), a public sector undertaking under the Ministry of Railways, is causing loss to the exchequer by not issuing invoice to the consumers for…