Tata Payments gets payment aggregator licence from RBI
Mumbai: The Reserve Bank of India (RBI) has awarded payment aggregator (PA) licence to Tata Payments, media reported.
Finance
RBI revises guidelines on dividend issue by banks
Mumbai: The Reserve Bank of India (RBI) Tuesday conducted a review of the guidelines, eligibility criteria, and board oversight related to the declaration of dividends by banks.
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3
New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.
Adani-Hindenburg issue: Supreme Court to deliver verdict on petitions on Jan 3
New Delhi: The Supreme Court is set to deliver its verdict on a string of petitions seeking a court-monitored investigation into allegations related to the Adani-Hindenburg issue on January 3, media reported.
Sensex moves down 376.46 points
The BSE Sensex on Tuesday tanked 376.46 pts at 71,892.48 as selling was seen in Auto, Capital Goods and Realty stocks amid weak global cues.
Adani Group hires urban planners and designers to redevelop Dharavi slum in Mumbai
Mumbai/IBNS: Adani Group-led Dharavi Redevelopment Project Private Limited (DRPPL) has hired urban planners and designers to redevelop Mumbai's Dharavi locality, which is one of the world's largest slums, media reports said.
Sensex drops 342.48 points during opening session
The BSE Sensex on Tuesday dropped 342.48 points to 71,929.46 in the opening session as selling was seen across the board.
Indian government planning to sell FCI rice under Bharat brand
To relieve the double-digit inflation in rice, the Indian government recently declared the sale of rice under the Bharat brand at Rs 25 per kilogram.
Indian market marginally rises by 31.68 points to touch 72,271.94 on New Year's Day
The BSE Sensex on Monday rose marginally by 31.68 pts at 72,271.94 on the strength of Energy, Telecommunication and BSE services stocks.
Ola Electric registers over 30k registrations in December
Ola Electric on Monday announced that it recorded 30,219 registrations in December and captured a 40 per cent market share in the EV 2W segment (as per VAHAN Portal).
Gujarat witnessing 58 per cent spike in people applying for liquor permit on health ground
Gujarat's Prohibition and Excise Department has said the state is witnessing a spike of 58 percent in the past three years in the number of individuals obtaining liquor permits on health grounds.
Deepika Padukone becomes Hyundai India's global brand ambassador
Mumbai/IBNS: Hyundai Motor India has roped in Bollywood superstar Deepika Padukone as its global brand ambassador, the South Korean automotive manufacturer company said on Friday.
Sensex drops 170.12 points
The BSE Sensex on Friday slipped 170.12 pts to close at 72,240.26 as selling was seen in oil and gas, IT, energy, and technology stocks.
Bank of Baroda revises its Interest Rates upwards on Retail Term Deposits for various tenors
Bank of Baroda (Bank), one of India’s leading public sector banks, today announced an upward revision in the interest rates on Domestic Retail Term Deposits, including NRO Term Deposits, from 10 basis points to up to 125 basis points on various maturity buckets with effect from December 29, 2023.
Rupee rises by 2 paise against USD
Mumbai/UNI: The Rupee on Friday moved up two paise at 83.15 in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Market: Sensex falls over 100 pts
The BSE Sensex on Friday fell 105.30 pts at 72,305.08 in opening session on profit booking by local operators.
Kia India, Skoda Auto top service excellence rankings in automobile sector
Bangaluru/UNI: Car-makers Kia India and Skoda Auto India emerged as leaders in the automobile sector for service excellence, according to an extensive pan-Indian study done by JAGSoM (Jagdish Sheth School of Management).
Sensex closes life time high at 72,410.38 points
Mumbai/UNI: The record-breaking spree continued on Thursday too, as the BSE Sensex registered a huge gain of 371.95 pts to close at 72,410.38, tracking the global market amid strong buying in metal, auto, and bankex stocks.
Zomato says 'not liable' to pay any tax on delivery charges in response to GST notice
Food delivery giant Zomato has said it is "not liable" to pay any tax on delivery charges responding to a notice served by the Directorate General of Goods and Services Tax Intelligence (DGGI).
Sensex opens new high at 72,323.12 points
Mumbai/UNI: Surpassing its previous records, the BSE Sensex opened at a new peak at 72,323.12, up 284.69 points, supported by a global rally anticipating the US Central Bank would start cutting rates next March.
Sensex on top, up by over 300 points
Mumbai/UNI: The BSE Sensex continued to climb as it spurted 378 points at 71,715.05, a new high as buying was seen across the board in the opening session on Wednesday.
Strong macroeconomic fundamentals and resilient earnings growth to help Indian mutual fund industry to sustain growth in 2024
Mumbai: The Indian mutual fund industry, which has witnessed a 125 percent surge in net inflows and around 24% percent growth in Assets under Management (AUM) since the beginning of this calendar year, is likely to sustain its growth momentum in 2024 backed by strong macroeconomic fundamentals of the Indian economy and resilient earnings growth, according to ICRA Analytics.
TCIL pays dividend of Rs 14.20 cr to govt for FY23
New Delhi: Telecommunications Consultants India Ltd (TCIL) paid a dividend of Rs 14.20 crore to the government for the Financial Year 2022-23.
India's forex reserves increase by $9bn last week: Reports
India's foreign exchange reserve has spiked by $9.112 billion to $615.971 billion in the week ending December 15, 2023, media reports said.
Fitch Ratings India hopes India to remain among fastest growing economy in 2024-25
Fitch Ratings hopes that India will mark a GDP growth of 6.5 per cent in 2024-25, a move which will ensure India to remain among the world's fastest-growing countries.
Amid global slowdown, large tech companies almost halt hiring in India: Report
Mumbai/IBNS: Large tech companies have nearly stopped hiring new employees amid the global slowdown, media reports said.
Indian Market: Sensex up over 100 points during early trade after Christmas closure
The BSE Sensex on Tuesday rallied 146 points at 71,253.63 as buying was seen across the board.
Infosys loses mega deal with AI firm following CFO's exit
Mumbai/IBNS: Narayan Murthy's Infosys has lost a mega deal with an undisclosed AI firm days after a sudden resignation by the company CFO Nilanjan Roy, media reports said.
Paytm fires 1,000 employees days after announcing to hire 50,000 people
Mumbai/IBNS: India's multinational fintech company Paytm has fired 1,000 employees days after announcing the hiring of 50,000 people, media reports said.
Tata-owned Air India receives India's first Airbus A350 aircraft
Tata-owned Air India on Saturday (December 23, 2023) welcomed the first of 20 Airbus A350-900 aircraft, registered VT-JRA, in the airline’s bold new livery, marking a turning point in its ongoing transformation story.