Business
Sensex, Nifty End Higher For 6th Straight Session After Gaining 70 Points
The 30-share benchmark advanced to hit a high of 38,369.59 as buying activity gathered momentum.
Foreign Institutional Investors May Drive Markets to Fresh Highs: Experts
Institutional investment from abroad is especially significant as it not only is fruitful for equities but also for the currency.
Indian Antitrust Watchdog Raids Glencore Business, Others Over Pulse Prices
The Competition Commission of India (CCI) has been investigating allegations that the companies formed a cartel to discuss the pricing of pulses while importing and selling them in the Indian market at higher prices in 2015 and 2016, when India faced an a...
IIT Kharagpur to Adopt Amazon Web Services Educate Programme To Accelerate Cloud Learning and AI Skills
As part of AWS Educate, the students will gain access to 12 Cloud Career Pathways covering topics that are in demand by employers, such as machine learning, cybersecurity, and software development, each with over 30 hours of content.
Thai Small and Medium Enterprises Scout Opportunities in India
Thai low-cost airlines, NokScoot and Thai Smile, are two new air carriers that connect the two countries following a bilateral agreement.
Bank of Baroda CEO PS Jayakumar May Head Merged Banking Entity
A career banker since 1986, Jayakumar has spent over 23 years in Citibank in India and Singapore.
In a First, SBI Links Pricing of Loans, Deposits to Reserve Bank's Repo Rate
The move will not benefit all its depositors as the new rate is applicable only to those with a balance of over Rs 1 lakh in their accounts.
IDBI Bank Receives Nod to Handle Import, Exports Transactions With Iran
Bilateral trade between India and Iran increased to USD 13.8 billion in 2017-18 from USD 12.9 billion in the previous fiscal. However, India's exports were only worth USD 2.5 billion to that country.
Government Approves Adani Power's Rs 14,000 Cr Jharkhand SEZ Project
Under the project, two supercritical units of 800 MW each would be set up with an investment of Rs 14,000 crore which would include setting up of a water pipeline and power evacuation system.
Sensex Turns Negative, Cracks Over 200 Points After Pakistan Violates Indian Air Space
Major losers include Vedanta, Tata Motors, HDFC, Kotak Bank, Infosys, Tata Steel, Yes Bank, Maruti Suzuki and RIL, falling up to 2.56 per cent. Most of the BSE sectoral indices too turned negative.
Allahabad Bank, Corporation Bank, Dhanlaxmi Bank out of RBI's Weak-bank Watch
In a statement, the RBI said the Board for Financial Supervision (BFS) reviewed the performance of banks under PCA and noted that the government has infused fresh capital on February 21 into various banks including some of the banks currently under the PC...
Ericsson, Airtel to Collaborate on Intelligent, Predictive Network Operations
Ericsson has been Bharti's managed service partner since 2004 and runs its all-India 2G, 3G, 4G/LTE, intelligent network, and VOLTE (voice over long term evolution) technologies.
TRAI Asks Distributors to Ensure a Channel Appears Only at One Place, Warns Action on Non-compliance
Trai's directive is important from a subscriber viewpoint as appearance of channels in more than one place can influence its visibility and ratings.
Fuel Cell EVs May be Complementing Tech in India's Future Mobility: Report
The report said India does not have reserves of some of the most important raw materials such as lithium, cobalt and nickel which are required for battery manufacturing.
Oil Marketing Companies to Engage 10,000 Women as Grassroots Energy Ambassadors in Odisha
'Ujjwala Didis' will act as a bridge between existing and prospective LPG consumers and the distributors in the state, which saw phenomenal growth in LPG households from 20 lakh in 2014 to almost 78 lakh in February 2019.
Employees' Provident Fund Organisation Likely to Announce 8.55% Interest on EPF for 2019
The Employees' Provident Fund Organisation had provided a five-year low rate of interest of 8.55 per cent on PF deposits to its subscribers for 2017-18.