Home » Business

Business - Page 248

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Market ends marginally higher; Yes Bank rallies 5 Per cent

The 30-share Sensex ended 21.47 points, or 0.05 per cent, higher at 40,345.08.

11 Nov 2019 4:41 PM IST

BSNL has pegged its internal target for VRS at 77,000 employees, and the effective date of voluntary retirement under the present scheme is January 31, 2020.

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

The two firms will also monetise assets worth Rs 37,500 crore in the next three years.

11 Nov 2019 3:56 PM IST

Power firms across Europe, which previously depended on coal or gas-fired power plants, are having to adapt to the expanding use of renewable power sources and facing a profit squeeze as wholesale electricity prices have fallen.

India's electricity demand falls at fastest pace in at least 12 years

Consumption in heavily industrialised states such as Maharashtra and Gujarat led the decline.

11 Nov 2019 3:04 PM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm plans to invest Rs 500 crore in tech start-ups

The company said it expects to employ technology across the growing internet to become the dominant player in AI.

11 Nov 2019 2:55 PM 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 rises as concerns over trade deal, economic slowdown linger

Spot gold was up 0.3 per cent at USD 1,462.83 per ounce at 0614 GMT, while US gold futures were flat at USD 1,462.90 per...

11 Nov 2019 1:59 PM IST

With a focus on 5G technology, digitization will be faster, deeper and farthest.

Telecom players to lead digital transformation in India

The government of India aims to launch the service by 2020.

11 Nov 2019 1:18 PM IST

Steve Wozniak, the co-founder of Apple

Apple co-founder says Apple Card algorithm gave wife lower credit...

On Saturday, Wozniak chimed in with a similar experience, saying he got 10 times more credit on the card, compared with...

11 Nov 2019 12:54 PM IST

The Board of Vijaya Bank has given its approval to a government proposal of consolidation with Bank of Baroda and Dena Bank as per reports from ANI.

Bank of Baroda shares jump over 5 pc on higher Q2 earnings

The bank had posted a net profit of Rs 425.38 crore in the corresponding quarter of the previous financial year.

11 Nov 2019 12:09 PM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Passenger vehicle sales rise marginally in October

Domestic car sales were down 6.34 per cent to 1,73,649 units as against 1,85,400 units in October 2018

11 Nov 2019 12:06 PM IST

Ind-Ra has rated bonds of UPPCL totalling Rs 19,989 crore which were raised during FY17 and FY18. (Photo: ANI)

Provident fund investment issues to impact UPPCL financials: Ind-Ra

UPPCL has been stepping it up to meet the enhanced principal repayment obligation as and when required.

11 Nov 2019 10:58 AM IST

More than 30 crore people in the country are playing Fantasy cricket in the country, which is much ahead of developed countries like USA.

FanFight leading fantasy cricket gaming platform attracts 4 million...

FANFIGHT is different from other platforms in many ways like daily cash prizes, fast cash withdrawals and compete with...

11 Nov 2019 10:19 AM IST

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

Market starts on a cautious note amid weak global cues

The 30-share index pared some losses to trade 4.57 points, or 0.01 per cent, lower at 40,319.04.

11 Nov 2019 10:13 AM IST