Archive Detail
| Title | Description | Posted Date |
|---|---|---|
| IDBI Bank's Board approves raising up to | Mumbai, Oct 29 (TIWN) The Board of Directors of IDBI Bank has approved raising funds up to Rs 6,000 crore by issuing equity shares through qualified institutional placement (QIP). | 29-Oct-2020 |
| SBI raises $1bn JBIC loan to finance Jap | New Delhi, Oct 29 (TIWN) Country's largest commercial bank, State Bank of India (SBI) has signed a loan agreement amounting to up to $1 billion with the Japan Bank for International Cooperation (JBIC). | 29-Oct-2020 |
| Airtel enters $1bn cloud communications | New Delhi, Oct 28 (TIWN) Telecom major Bharti Airtel on Monday launched a new platform called Airtel IQ, marking the company's entry into an estimated $1 billion Indian cloud communications market. | 28-Oct-2020 |
| Domestic airlines to fly 12,983 flights | New Delhi, Oct 28 (TIWN) The Directorate General of Civil Aviation has approved 12,983 domestic flights for the winter schedule, 44 per cent lower than the number of domestic weekly flights during the last winter schedule. | 28-Oct-2020 |
| BSE Sensex retraces January levels | New Delhi, Oct 28 (TIWN) The BSE Sensex has retraced the levels of January-end in October after plunging in March due to the Covid-19 pandemic. | 28-Oct-2020 |
| Karnataka HC restrains Franklin Templeto | Bengaluru, Oct 28 (TIWN) In a major victory for investors, the High Court of Karnataka on Saturday restrained Franklin Templeton (FT) India's decision from winding up its six debt schemes without obtaining the consent of unitholders. | 28-Oct-2020 |
| Weak demand from power sector pushes up | New Delhi, Oct 27 (TIWN) With weak demand from the power sector in the wake of Covid-19 disruptions, the country's largest coal producer Coal India Ltd shifted its attention to the non-power sector to see around six-fold increase in the sales of the dry fuel. | 27-Oct-2020 |
| Loan moratorium extended by the governme | New Delhi, Oct 25 (TIWN) After announcing a host of demand generating initiatives earlier this month, the government has now approved a new scheme for ex gratia payment to borrowers that will reimburse differential between compound and simple interests for the Six-month loan moratorium period. | 25-Oct-2020 |
| Relief to borrowers on loans not repaid | New Delhi, Oct 24 (TIWN) After announcing a host of demand generating initiatives earlier this month, the government has now approved a new scheme for ex gratia payment to borrowers that will reimburse differential between compound and simple interests for the six-month loan moratorium period. | 24-Oct-2020 |
| AISAM likely to take key decisions on Ai | New Delhi, Oct 24 (TIWN) The Centre's top group of ministers looking into Air India divestment is slated to meet on Saturday with the agenda ranging from extending the process to allowing greater debt re-structuring. | 24-Oct-2020 |
| India's smartphone shipments hit record | New Delhi, Oct 23 (TIWN) Smartphone shipments in India hit an all-time high of 50 million units in the third quarter of this year, registering eight per cent year-over-year growth, said a Canalys report on Thursday. Xiaomi remained the market leader, growing nine per cent to ship 13.1 million units and capturing 26.1 per cent market share in the July-September quarter. | 23-Oct-2020 |
| VC investment in India rose to $3.6 bn i | New Delhi, Oct 23 (TIWN) Venture capital investment in India rose from $1.5 billion in the second quarter of this year to $3.6 billion in Q3 despite concerns related to Covid-19 and geopolitical tensions, according to a new report by KPMG Private Enterprise on Thursday. | 23-Oct-2020 |
| Railways to give bonus equivalent to 78 | New Delhi, Oct 23 (TIWN) In a piece of good news for Indian Railways employees, the Union Cabinet has granted bonus equivalent to 78 days wages for financial year 2019-20, the national transporter announced on Thursday. | 23-Oct-2020 |
| Madras HC doesn't permit Wadhawans to se | Mumbai, Oct 23 (TIWN) 63 moons technologies have said the Wadhawans are restrained from selling or alienating or encumbering even an inch of their assets as per the directions of the Madras High Court. | 23-Oct-2020 |
| IOC Board to mull raising up to Rs 20K C | New Delhi, Oct 22 (TIWN) The Board of India Oil Corporation (IOC) in its upcoming meeting on October 30 will consider the proposal to borrow up to Rs 20,000 crore during the ongoing financial year through private placement of bonds and debentures. | 22-Oct-2020 |
| FII holdings in RIL hit new highs | New Delhi, Oct 22 (TIWN) The ownership of foreign institutional investors (FII) in Reliance Industries Limited (RIL) has hit new highs and stood at 27.2 per cent, up 60 basis points quarter on quarter as per the September quarter shareholdings. | 22-Oct-2020 |
| Festive season to give temporary boost t | New Delhi, Oct 22 (TIWN) Festival season is expected to give a temporary boost to India's economic prospect, brokerage major Motilal Oswal Financial Services said. | 22-Oct-2020 |
| Festive cheers: SBI offers additional co | New Delhi, Oct 21 (TIWN) Lending major State Bank of India (SBI) on Wednesday announced concession in home loan rates by as much as 25 basis points. | 21-Oct-2020 |
| India's April-August FDI inflow rises 13 | New Delhi, Oct 21 (TIWN) FDI inflows into India have increased by 13 per cent during April to August 2020 on a year-on-year basis, official data showed on Tuesday. | 21-Oct-2020 |
| US govt files antitrust lawsuit against | San Francisco, Oct 21 (TIWN) In a significant development, the US Department of Justice on Tuesday filed a long-awaited antitrust case against Google, alleging the tech giant has abused its market position in the domain of online search. | 21-Oct-2020 |
| Jet may fly again in 4 months after new | New Delhi, Oct 21 (TIWN) The much-awaited Jet Airways' resolution is finally heading towards a success, with the resolution plan of Kalrock Capital and Murari Lal Jalan having been approved by the Committee of Crediors (CoC). | 21-Oct-2020 |
| Sonalika in festive mood, as tractor dem | New Delhi, Oct 21 (TIWN) Driven by the prevailing market sentiment, tractor major Sonalika is hopeful of healthy sales during the festive season. | 21-Oct-2020 |
| Covid 19 caused 78% MSMEs & startups in | New Delhi, Oct 20 (TIWN) Seventy-eight per cent MSMEs and startups in India have reduced workforce in the last 8 months since the Covid-19 pandemic broke out. | 20-Oct-2020 |
| OMCs continue to hold petrol, diesel pri | New Delhi, Oct 18 (TIWN) Oil marketing companies (OMC) kept petrol and diesel prices unchanged across the four metros on Sunday. | 18-Oct-2020 |
| India's gold imports halve to $6.8B in A | New Delhi, Oct 18 (TIWN) Gold imports by India declined 57.12 per cent in the first half of the current financial year (2020-21) to $6.77 billion as demand has been largely hit by the pandemic. | 18-Oct-2020 |
| US equities post modest weekly gains ami | New York, Oct 18 (TIWN) Wall Street's major averages eked out modest gains in the week as investors monitored updates about a US coronavirus stimulus bill, while poring through a batch of key economic data. | 18-Oct-2020 |
| RBI's loan recast framework to support C | New Delhi, Oct 18 (TIWN) The Reserve Bank of India's framework for loan recast or stress resolution for the Covid-19 related stress which allows banks to restructure loans of real estate companies at the project level comes as a major relief for developers who have been hit amid the pandemic and their specific projects have come to a halt due to liquidity crunch. | 18-Oct-2020 |
| Punjab Cabinet nod to Bill to boost smal | Chandigarh, Oct 18 (TIWN) To further improve the state's investment climate and generate employment, the Punjab Cabinet on Sunday approved the conversion of the Factories (Punjab Amendment) Ordinance 2020 into a Bill to be tabled for enactment of law in the Vidhan Sabha on Monday. | 18-Oct-2020 |
| Amid huge economic damage, govt spending | New Delhi, Oct 18 (TIWN) Describing the Indian economy as "resilient", PHD Chamber of Commerce and Industry President Sanjay Aggarwal has said that the damage caused by the coronavirus pandemic and the eventual nationwide lockdown was huge. | 18-Oct-2020 |
| No change in petrol, diesel prices for 1 | New Delhi, Oct 17 (TIWN) Petrol, diesel prices have remained steady for about half of the current month as stable global oil prices have ensured that oil marketing companies did not revise retail fuel prices. | 17-Oct-2020 |
| US stocks end mixed after retail sales d | New York, Oct 17 (TIWN) US stocks closed mixed as investors pored through the nation's monthly retail sales data. | 17-Oct-2020 |
| 80% consumers look forward for festive s | New Delhi, Oct 17 (TIWN) The upcoming festive season comes with a hope for the retailers as they have been severely hit by the pandemic. A survey by the Retailers Association of India (RAI) and LitmusWorld shows that around 80 per cent Indian consumers are looking forward to buy products during the upcoming festive season. | 17-Oct-2020 |
| Rains wreak havoc in Maha | Mumbai, Oct 17 (TIWN) At least 10 persons were killed on Thursday, several towns and villages inundated, and road and rail traffic hit as the retreating rains wreaked havoc in several districts of western Maharashtra and Marathwada, and parts of Mumbai and coastal Konkan region since Wednesday night, officials said. | 17-Oct-2020 |
| Railways created 12.42L mandays' employm | New Delhi, Oct 17 (TIWN) The Indian Railways created employment of 12.42 lakh mandays and spent over Rs 2,566 crore in 110 days under the Prime Minister Garib Kalyan Rojgar Abhiyaan (PMGKRA). | 17-Oct-2020 |
| India's merchandise exports rise by 6% i | New Delhi, Oct 16 (TIWN) India's merchandise exports in September rose by 5.99 per cent on a year-on-year basis, official data showed on Thursday. | 16-Oct-2020 |
| JLR India hopeful of festive cheer, goes | New Delhi, Oct 16 (TIWN) After witnessing a gradual recovery in sales, Jaguar Land Rover India is hopeful yet guarded about the festive season response. | 16-Oct-2020 |
| 10 killed, transport disrupted as rains | Mumbai, Oct 15 (TIWN) At least 10 persons were killed on Thursday, several towns and villages inundated, and road and rail traffic hit as the retreating rains wreaked havoc in several districts of western Maharashtra and Marathwada, and parts of Mumbai and coastal Konkan region since Wednesday night, officials said. | 15-Oct-2020 |
| Rapido launches auto services in 14 Indi | New Delhi, Oct 15 (TIWN) Bike taxi service provider Rapido on Thursday launched its auto services in 14 cities across 10 states. | 15-Oct-2020 |
| REVIVING ECONOMY 5: Consumer durables de | New Delhi, Oct 14 (TIWN) The consumer durable market a major driver of the economy has started showing some obvious signs of demand coming back after the lockdown restrictions were lifted. | 14-Oct-2020 |
| iPhone 12, Mini touted to be bestsellers | New Delhi, Oct 14 (TIWN) The new Apple 5G lineup of iPhone 12 series will start its India journey from October 30 (excluding iPhone 12 Mini and 12 Pro Max) and industry analysts on Wednesday projected the 6.1-inch iPhone 12 and 5.4-inch 12 Mini to lead the pack in India this festive quarter. | 14-Oct-2020 |
| Chinese demand revival cheers Indian ste | New Delhi, Oct 14 (TIWN) Good times seems to be making a return for Indian steel makers as global demand conditions, particularly in largest steel consuming market in China, has pushed up the metal prices worldwide. | 14-Oct-2020 |
| US stocks fall amid earnings | New York, Oct 14 (TIWN) US stocks finished lower on Tuesday as investors digested a slew of earnings reports. | 13-Oct-2020 |
| 5G to help add $8 trillion to global GDP | Helsinki, Oct 14 (TIWN) As Covid-19 accelerates medium and long-term digital investment and value creation, 5G-enabled industries have the potential to add $8 trillion to global GDP by 2030, suggests new research from Finnish telecom gear maker Nokia. | 14-Oct-2020 |
| Vodafone Idea inks pact with IBM on data | New Delhi, Oct 13 (TIWN) Telecom major Vodafone Idea Limited (VIL) on Tuesday announced that it has selected IBM Services to help it embrace open source at scale across the enterprise by implementing the big data platform on open source Hadoop framework. | 13-Oct-2020 |
| Meeting customer expectations top challe | New Delhi, Oct 13 (TIWN) The small and medium businesses (SMBs) in India find it challenging to bring innovative offerings to market, personalise customer engagements and keep up with demand when meeting customer expectations in the pandemic, a new report said on Tuesday. | 13-Oct-2020 |
| Fly ash goes a long way as NTPC ties up | New Delhi, Oct 13 (TIWN) India's largest power producer, National Thermal Power Corporation Limited (NTPC Ltd), has started to collaborate with cement manufacturers across the country to supply fly ash to achieve 100 per cent utilisation of the by-product produced during power generation. | 13-Oct-2020 |
| No change in petrol, diesel prices for m | New Delhi, Oct 13 (TIWN) Fuel consumers did not face any change in petrol and diesel prices for one-third of a month as stable global oil prices ensured that oil marketing companies did not need to go for a revision. | 13-Oct-2020 |
| Special interest-free festival advance o | New Delhi, Oct 12 (TIWN) Coming festive season government employees will receive interest-free advance of Rs 10,000 each that will help generate demand worth Rs 8,000 crore in the Covid affected economy. Employees will get pre-loaded Rupay Card of the advance value, which they would have to spend by March 31, 2021. | 12-Oct-2020 |
| States to get Rs 12K Cr interest-free 50 | New Delhi, Oct 12 (TIWN) At a time when states are finding it hard to make ends meet amid the pandemic and the Centres inability to pay GST Compensation Cess, Finance Minister Nirmala Sitharaman on Monday announced special interest-free 50-year loans worth Rs 12,000 crore for capital expenditure. | 12-Oct-2020 |
| Higher food prices raise India's Sept re | New Delhi, Oct 12 (TIWN) India's sequential retail price inflation spiked in September to 7.34 per cent from 6.69 per cent in August, official data showed on Monday. | 12-Oct-2020 |