Archive Detail
Title | Description | Posted Date |
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IDBI implements 'document embedding' fea | New Delhi, Sep 30 (TIWN) To ease the current process of manual verification, reconciliation and fraud reduction, IDBI Bank has implemented a new feature of "document embedding" on structured financial messaging system (SFMS). | 29-Sep-2020 |
Shareholder moves HC for appointment of | Chennai, Sep 30 (TIWN) A minority shareholder and a retired senior manager of the Lakshmi Vilas Bank (LVB) has moved the Madras High Court to direct the Central government, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to suspend the board of the private bank and appoint an administrator. | 29-Sep-2020 |
MCA extends several Covid-related relief | New Delhi, Sep 28 (TIWN) The Ministry of Corporate Affairs (MCA) extended, till December 31, 2020, the timelines for several relaxations on compliance norms and schemes rolled out to provide relief and support to companies amid the pandemic. | 28-Sep-2020 |
Asian Paints endeavours to be an integra | New Delhi, Sep 28 (TIWN) Asian Paints has entered the home decor category after it saw that there is no single organised home decor player capable of providing an exhaustive range of furniture, furnishings and lightings in one place. | 28-Sep-2020 |
Centre plans non-tariff barriers on toy | New Delhi, Sep 28 (TIWN) In line with its ambitious plan to make India a toy hub and self-reliant in the segment, the Union government is likely to go a step forward and impose further non-tariff barriers on toy imports. | 28-Sep-2020 |
Fiscal package on the cards in the festi | New Delhi, Sep 28 (TIWN) A fiscal package to put money in the hands of the consumer in the festival season is on the cards. | 28-Sep-2020 |
Four-day 'Destination North-east 2020' e | New Delhi, Sep 28 (TIWN) With the objective of taking the north-east region to other parts of the country and bringing them closer to strengthen national integration, the Central government will on Sunday give a push to the 'Destination North-east 2020' event to boost tourism which has been badly hit by the Covid-19 pandemic. | 28-Sep-2020 |
Sensex ends 6-day losing streak with 835 | Mumbai, Sep 27 (TIWN) Bargain hunting and positive cues from the Asian markets lifted the Indian stock market on Friday as it ended its six-day losing streak with the Sensex jumping over 800 points. | 27-Sep-2020 |
Aus budget to prioritize unemployment ov | Canberra, Sep 27 (TIWN) Australian Treasurer Josh Frydenberg on Friday declared that the government will not embark on budget repair until the unemployment rate falls back below 6 per cent. | 27-Sep-2020 |
Global GDP shrinks 7.2% in April-June 20 | Mumbai, Sep 26 (TIWN) As the pandemic brought the global economy to a standstill, the global real GDP contracted 7.2 per cent on a year-on-year basis in the second quarter (April-June) of 2020, said the 'EcoScope' report by Motilal Oswal Financial Services. | 26-Sep-2020 |
Banks sanction Rs 1.77 lakh cr to MSMEs | New Delhi, Sep 25 (TIWN) Banks have so far sanctioned over Rs 1.77 lakh crore to MSMEs under the Emergency Credit Line Guarantee Scheme (ECLGS), it was announced on Thursday. | 25-Sep-2020 |
Centre: Airlines free to set baggage lim | New Delhi, Sep 25 (TIWN) The Centre on Thursday freed airlines to fix their own baggage allowance, thereby allowing more space for competition and addition of another revenue stream. | 25-Sep-2020 |
Samsung joins Flipkart to debut Galaxy F | Gurugram, Sep 24 (TIWN) Riding on its successful Galaxy 'M' series amid surge in online shopping, Samsung on Thursday announced a partnership with Flipkart to globally debut its next affordable Galaxy 'F' series on the first day of the Big Billion Days sale in India next month. | 24-Sep-2020 |
Aus announces major overhaul of insolven | Canberra, Sep 24 (TIWN) The Australian government on Thursday announced a major overhaul of insolvency rules to help small businesses struggling due to the coronavirus pandemic. | 24-Sep-2020 |
Sensex, Nifty end in red amid volatility | Mumbai, Sep 24 (TIWN) The Indian stock market settled on a flat-to-negative note after a largely volatile trading session, with the BSE Sensex closing 65 points lower. | 24-Sep-2020 |
ED attaches Rs 200cr worth of Iqbal Mirc | New Delhi, Sep 24 (TIWN) In a massive crackdown against the underworld, the Enforcement Directorate (ED) on Tuesday attached properties worth Rs 200 crore in Dubai belonging to Dawood Ibrahim Kaskar's late close aide Iqbal Mirchi in connection with a money laundering probe, officials said. | 24-Sep-2020 |
Fresh tenders issued for manufacturing o | New Delhi, Sep 24 (TIWN) Almost a month after cancelling the tender for manufacturing 44 Vande Bharat train sets, the Indian Railways on Monday said that it has invited fresh tenders for manufacturing the semi-high speed train sets focusing on the domestic manufacturers and promoting the government's ambitious Make in India project. | 24-Sep-2020 |
Oracle, Walmart rescue TikTok in US with | San Francisco, Sep 23 (TIWN) In a surprise move, Oracle and Walmart have come together to save TikTok from the ban, forming a new company called TikTok Global which will be headquartered in the US. President Donald Trump said he has given the deal his blessing. | 23-Sep-2020 |
Amid 'ease of business' claims, going re | New Delhi, Sep 23 (TIWN) The Modi government has left no stone unturned in inviting foreign investors with claims of an improved business environment backed by unprecedented reforms in the past six years, but what many industry players face is a different story altogether. | 23-Sep-2020 |
Diesel prices fall again on easing globa | New Delhi, Sep 22 (TIWN) Diesel prices continued to decline for the fourth consecutive day on Sunday on the back of falling global crude prices. | 22-Sep-2020 |
Primary markets see revival in second ha | New Delhi, Sep 21 (TIWN) The sharp turnaround in the secondary markets with the broader market also participating in the rally, has enlivened the primary markets once again with a slew of initial public offerings (IPOs) from a diverse range of companies set to hit the street in the second half of the 2020 calendar year. | 21-Sep-2020 |
45% imported smartphone components came | New Delhi, Sep 20 (TIWN) As the government pushes for self reliance in the mobile phone and electronics industry with the clarion call for 'Atmanirbhar Bharat', data shows that over 45 per cent imports of smartphone components in the last financial year (FY 2019-20) came from China. | 20-Sep-2020 |
Uber launches public transport feature i | Bengaluru, Sep 19 (TIWN) Ride-hailing major Uber on Thursday announced the launch of its public transport feature on its app through a partnership with Hyderabad Metro Rail Limited (HMRL), where riders will be able to plan their transit journey with real-time information and end-to-end directions. | 18-Sep-2020 |
Relief for Anil Ambani as SC dismisses S | New Delhi, Sep 19 (TIWN) The Supreme Court on Thursday dismissed a plea by the State Bank of India (SBI) seeking a vacation of the stay granted by Delhi High Court on personal bankruptcy proceedings against Anil Ambani, chairman of Reliance Group. | 18-Sep-2020 |
Petrol, diesel rates fall again as crude | New Delhi, Sep 19 (TIWN) Petrol and diesel prices in the country have fallen again in the wake of softening of global oil prices as an extended run of Covid-19 has depressed demand and created a glut in the market. | 18-Sep-2020 |
ShareChat acquires video production firm | New Delhi, Sep 16 (TIWN) Home-grown social media group ShareChat on Wednesday said it had acquired HPF Films, a video production company specialised in digital content. | 16-Sep-2020 |
5G adoption a booster for smartphone app | New Delhi, Sep 16 (TIWN) The smartphone application processor (AP) market that declined 26 per cent in the second quarter this year is set to be on a growth trajectory from 2021 onwards as 5G adoption reaches emerging markets, according to a new report. | 16-Sep-2020 |
Sequential retail price inflation margin | New Delhi, Sep 15 (TIWN) Lower food prices pulled down India's August retail inflation to 6.69 per cent from 6.73 per cent in July, official data showed on Monday. | 15-Sep-2020 |
Safety First: DGCA to conduct audit of I | New Delhi, Sep 15 (TIWN) Keeping the rising air traffic in mind, Indi's civil aviation regulator will conduct a safety audit of the country's largest airline IndiGo and Tata Sons-Singapore Airlines backed Vistara from Tuesday. | 15-Sep-2020 |
India's Aug WPI up, riding on high food, | New Delhi, Sep 15 (TIWN): High food, fuel and manufactured goods’ prices accelerated India’s August wholesale inflation, official data showed on Monday. | 15-Sep-2020 |
Petrol, diesel prices unchanged across m | New Delhi, Sep 15 (TIWN) Fuel prices remained unchanged across the four metro cities on Sunday with petrol being sold at Rs 81.86 per litre in the national capital. | 15-Sep-2020 |
IndiGo marks completion of 50,000 flight | New Delhi, Sep 14 (TIWN) Airline major IndiGo on Saturday marked the completion of 50,000 flights since lockdown. | 14-Sep-2020 |
Amazon sold some items at inflated rate | San Francisco, Sep 13 (TIWN) Amazon sold several items including essentials such as toilet paper and hand sanitiser at inflated rate during the Covid-19 pandemic, said a report by US-based consumer rights group Public Citizen. | 13-Sep-2020 |
Petrol, diesel get cheaper as crude fall | New Delhi, Sep 13 (TIWN) Petrol and diesel prices in the country have fallen again in the wake of softening in global oil prices as extended run of Covid-19 depressed demands and created in glut in the market. | 13-Sep-2020 |
US dollar edges down amid CPI data | New York, Sep 13 (TIWN) The US dollar weakened modestly in late trading on Friday as market participants digested the newly-released US consumer price numbers. | 13-Sep-2020 |
Kangana flight chaos: IndiGo told to act | New Delhi, Sep 12 (TIWN) The Directorate General of Civil Aviation (DGCA) has directed IndiGo to take action against the passengers responsible for unruly behaviour and violation of protocols on a flight with Bollywood actress Kangana Ranaut on board. | 12-Sep-2020 |
Adani Ports and SEZ raises Rs 900 cr thr | Mumbai, Sep 11 (TIWN) Adani Ports & Special Economic Zone Ltd. has raised Rs 900 crore through allotment of non-convertible debentures (NCD) on private placement basis. | 11-Sep-2020 |
States need hard cash, pay GST dues: Chi | New Delhi, Sep 11 (TIWN) Following the government's proposal to give a 'Letter of Comfort' to the states to borrow money to bridge the GST compensation gap, former Finance Minister P. Chidambaram slammed the Centre and alleged that these were just words of comfort on a piece of paper that has "no value" . | 11-Sep-2020 |
Air India not to go ahead with recruitme | New Delhi, Sep 11 (TIWN) Air India has decided not to go ahead with the recruitment exercise of trainee pilots due to the bleak scenario in the aviation industry and the critical financial condition of the company. | 11-Sep-2020 |
Fitch Ratings revises India's FY-21 GDP | New Delhi, Sep 11 (TIWN) Global credit rating agency Fitch on Tuesday slashed its FY-21 GDP growth forecast for India further downward to (-) 10.5 per cent from (-) 5 per cent. | 11-Sep-2020 |
Delhi-NCR's strata office market valued | New Delhi, Sep 10 (TIWN) Delhi-NCR has around 23 million square feet of strata office market, valued at Rs 25,450 crore, according to a JLL report. | 10-Sep-2020 |
India's 2020 auto sales expected to decl | New Delhi, Sep 9 (TIWN) India's auto sector is expected to face challenges this year, with the country's economy predicted to contract in 2020 amid the pandemic, Moody's Investors Service said on Tuesday. | 09-Sep-2020 |
UK entering period of particular concern | London, Sep 9 (TIWN) The UK is entering a "period of particular concern" as the number of coronavirus cases were increasing across the country, Housing Secretary Robert Jenrick said on Tuesday. | 09-Sep-2020 |
Equities end marginally higher, Sensex u | Mumbai, Sep 8 (TIWN) The Indian equity indices closed on a flat-to-positive note on Monday after a largely choppy and subdued trade. | 08-Sep-2020 |
SBI notice to BPSL ex-promoter Sanjay Si | New Delhi, Sep 7 (TIWN) The State Bank of India (SBI) has invoked the personal guarantees of Sanjay Singal, former promoter of Bhushan Power & Steel Ltd (BPSL), and has sent him a demand notice for recovery of Rs 12,275.91 crore. | 07-Sep-2020 |
Jet fuel prices expected to remain low, | New Delhi, Sep 7 (TIWN) Subdued crude oil prices, on account of the Covid-19 outbreak, are expected to keep the cost of air turbine fuel (ATF) low, ratings agency ICRA said on Monday. | 07-Sep-2020 |
Diesel prices steady across metros on Su | New Delhi, Sep 6 (TIWN) Diesel prices remained unchanged across the four metros on Sunday with the fuel being priced at Rs 73.27 per litre in the national capital. | 06-Sep-2020 |
ITC appoints Supratim Dutta as CFO | New Delhi, Sep 6 (TIWN) FMCG-to-hospitality major ITC has appointed Supratim Dutta as its Chief Financial Officer (CFO). | 06-Sep-2020 |
HDFC disburses CLSS loans to over 2 lakh | Mumbai, Sep 6 (TIWN) HDFC Ltd. has disbursed home loans to over 2 lakh home buyers under the Pradhan Mantri Awas Yojana's (PMAY) credit linked subsidy scheme (CLSS). | 06-Sep-2020 |
'Once economic normalcy returns, will ha | New Delhi, Sep 6 (TIWN) Larsen & Toubro (L&T), India's leading engineering, technology, construction and financial services conglomerate recently announced the closure of the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation for Rs 14,000 crore. | 06-Sep-2020 |