Home » Business

Business - Page 220

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

RBI interest rate decision, macro data, global events to steer...

PMI data for manufacturing and services sectors are scheduled to come this week which may also impact trading at the...

1 Dec 2019 11:48 AM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti reports 1.9 per cent dip in sales at 1,50,630 units in November

The company had sold 1,53,539 units in November 2018, Maruti Suzuki India said in a statement.

1 Dec 2019 11:39 AM IST

Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Saudi Aramco IPO oversubscribed so far, but not by big margin

Saudi banks have been offering citizens easy loans to bid for shares in Aramco.

30 Nov 2019 12:03 PM IST

The gems and jewellery sector has always been heavily dominated by MSMEs. However, these small and medium-sized players are finding it difficult now to cope up with the challenges in the industry.

Govt makes gold jewellery hallmarking mandatory from mid-January

The move will bring trust back to the gold industry, benefiting consumers and trade alike.

30 Nov 2019 11:23 AM IST

The report also does well to emphasise that higher trade-to-GDP ratios are a signal of competitiveness and an entry point for coupling the Indian economy with the international economy, including through global value chains.

Growth falls to 4.5 per cent in Q2, lowest in 6 years

The Narendra Modi government recently took several measures to boost investments and bolster economic growth.

30 Nov 2019 3:12 AM IST

The soon-to-arrive 5G networks will only work as a shot in the arm for the market.

Netwood eyes a slice of OTT pie

Mind you that India's homegrown Netwood is not only a talent aggregating and OTT platform, but it is a production house...

30 Nov 2019 1:54 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Overall sentiment remains positive

The broader markets outperformed with the Nifty Midcap index was flat with a positive bias and Smallcap index gained...

30 Nov 2019 1:51 AM IST

Last fiscal, Snapdeals consolidated revenues grew 73 per cent at Rs 925.30 crore from Rs 535.90 crore in FY2018.

Snapdeal bets on non-metro markets

Over 70-80 per cent of Snapdeal's orders are from non-metro markerts like Nagpur, Nashik, Kolhapur, Dhule and Jalgaon.

30 Nov 2019 1:49 AM IST

They should also have qualified registered Ayush Medical Practitioner(s) in charge, dedicated Ayush therapy sections or equipped operation theatre and should maintain daily records of the patients.

Sum insured limit cut for basic health policy

In February, it had proposed that the sum insured for the product should be in the range of Rs 50,000 and Rs 10 lakh.

30 Nov 2019 1:48 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Market tanks over growth worries

The Sensex plunged 336.36 points or 0.82 per cent to close at 40,793.81. The index swung about 466 points during the...

30 Nov 2019 1:43 AM IST

The Reserve Bank of India (RBI) on Wednesday superseded the board of debt-laden Dewan Housing Finance Corporation Limited (DHFL) owing to governance concerns and defaults in meeting various payment obligations by the mortgage lender.

RBI takes DHFL to NCLT

DHFL was scheduled to announce its financial results on November 25.

30 Nov 2019 1:42 AM IST

Dussehra sales had disappointed the jeweler fraternity. However, they hope to see the latent demand for gold to support Dhanteras sales this time.

Gold hallmarking must from 2021

The Department of Consumer Affairs will issue a notification in this regard by January 15, 2020.

30 Nov 2019 1:40 AM IST