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Indias forex reserves have shot up considerably.Business
Forex reserves rise by USD 58 mn to record high of USD 461.21 bn

FCA decreased by USD 367 million to USD 427.582 billion, the RBI data released on Friday showed.

18 Jan 2020 11:08 AM IST

The transaction received strong backing from Indias thriving startup ecosystem as seen from the participation of several leading angel investors.Business
ProEves gears up to disrupt childcare industry, raises Rs 3.6 crore

ProEves works with India's leading corporates and offers tech-led childcare benefit management solutions.

18 Jan 2020 10:41 AM IST

Reliance Industries chairman Mukesh Ambani.Business
Billionaire Ambani's Reliance posts record profit on consumer strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

18 Jan 2020 10:23 AM IST

Office spacesparticularly in CBD and SBD areashave gained significant momentum over the last four years.Business
Office market booming despite economic woes

Three top office markets of India touched, or were very close to, 10 mn sq. feet mark: Bangalore, NCR & Hyderabad.

18 Jan 2020 1:38 AM IST

Free Trade Agreements (FTAs) have not benefitted India much. Exports to countries with whom India has entered into FTAs have grown by a meagre 10 per cent in FY19, while the imports have grown by 27 per cent.Business
Sectoral focus could lift exports by $100 bn-$150 bn in 10 years

In the global chemical trade of $2.3 trillion, India has a share of $50 billion.

18 Jan 2020 1:36 AM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.Business
Gold demand to remain positive in 2020: WGC

Net gold purchases by central banks will likely remain robust even if they are lower than the record highs seen in...

18 Jan 2020 1:34 AM IST

Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.Business
Moody's places Yes Bank's ratings under review; direction uncertain

Moody's has downgraded Yes Bank's Baseline Credit Assessment (BCA) and adjusted BCA to caa2 from b3.

17 Jan 2020 12:22 PM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.Business
Jet Airways to sell Netherlands biz to KLM

The domestic full-service carrier, which shuttered operations last April, is undergoing insolvency resolution process.

17 Jan 2020 10:54 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)Business
Sensex, Nifty off to choppy start; RIL up 2 pc ahead of Q2 results

The 30-share BSE index was trading 3.68 points or 0.01 per cent lower at 41,928.88.

17 Jan 2020 10:31 AM IST

Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
Exchanges can launch options in goods

The exchanges should also augment their monitoring and surveillance capacity, Sebi said.

17 Jan 2020 2:36 AM IST

Supreme Court of India (Photo: File)Business
Telcos get no relief from Supreme Court

Bharti Airtel said it was disappointed with the Supreme Court's decision and it would evaluate filing another petition.

17 Jan 2020 2:34 AM IST

Jeff Bezos, founder and CEO of Amazon.comBusiness
Amazon chief says to invest USD 1 bn in digitizing small businesses in...

Amazon has committed USD 5.5 billion in India investments and sees the country as a key growth market.

15 Jan 2020 1:13 PM IST

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