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Home  Business

Business

State Bank of India shares jump 5%; m-cap climbs Rs 14,771 cr

State Bank of India shares jump 5%; m-cap climbs Rs 14,771 cr

  • Mapmygenome launches drive thru Covid testing facility in Hyderabad

    At every step, all Covid protocols and precautions are being followed, and reports are sent online within 15-18 hours.
  • LIC ups stake in Union Bank of India to over 5%

    LIC held 3.09 per cent stake in UBI earlier, representing 19,79,23,251 equity shares of the bank.
  • Jio to enhance connectivity in TS, AP

    Considering the ongoing pandemic situation, curtailed movements and lockdown, the new addition will help students attend classes and professionals working from home to seamlessly carry out their activities.
  • Flipkart’s kirana partners in Hyderabad see highest growth in delivery incomes

    According to insights, the average monthly delivery incomes for kirana partners in the South grew the most, followed by East, West and North.
  • Sebi doubles overseas investment limit of AIF, VCF to USD 1,500 mn

    Currently, Sebi-registered alternative investment fund (AIF) or venture capital fund (VCF) are permitted to invest overseas, subject to an overall limit of USD 750 million.
  • Amazon adds Pakistan to its sellers’ list

    “The listing will encourage manufacturers to work back from customer needs, design new products, offer high quality at competitive prices and also access new market segments".
  • Sensex zooms 976 points as financial stocks pump market mood

    HDFC Bank was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI which zoomed after the lender posted robust quarterly earnings.
  • SK Innovation, Ford to form $5.3B EV battery venture in US

    The two companies signed a memorandum of understanding on the joint venture, called BlueOvalSK, to build a battery factory with 60 gigwatt hours (GWh) of production in the US by the mid-2020s.
  • Rupee rallies 29 paise to close at 72.83 against US dollar

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 89.71.
  • MSN Labs launches Posaconazole to treat black fungus

    Posaconazole is a triazole antifungal agent indicated for treating mucormycosis detected among patients who are recovering from Covid-19.
  • US wants crypto transfers over $10K to be reported to IRS

    In a new report on tax compliance proposals, the Treasury Department's Office of Tax Analysis estimated that the move will help raise an additional $700 billion in tax revenue over the next 10 years
  • HP unveils new gaming laptops, PC

    The company also debuted Victus by HP, its next-generation mainstream-level gaming PC portfolio, with a 16-inch laptop.
  • Siemens India announces Covid-relief measures

    In April 2020, Siemens pledged a contribution of Rs 20 crore towards its efforts against COVID-19.
  • Value buying lifts equities; banking stocks rise

    Globally, the US market on Thursday closed slightly higher after consecutive few days of correction in the market.
  • RBI Board approves transfer of Rs 99,122 cr as surplus to Centre

    The decision to transfer the surplus to the central government was taken at the meeting of the Central Board of Directors of RBI
  • Lab escape from Wuhan can explain coronavirus more easily

    This manufactured virus was able to infect the cells of the human airway, at least when tested against a lab culture of such cells.
  • iPhone 12 series grabs 1/3rd of global smartphone sales in Q1

    The iPhone Pro Max captured the highest revenue in the industry, followed by the iPhone 12, iPhone 12 Pro, iPhone 11 and the Samsung S21 Ultra 5G.
  • SC upholds provisions of IBC on corporate debt recovery from personal guarantors

    The promoters also contended that singling out of guarantors was violative of the fundamental right to equality.
  • Coding firm WhiteHat Jr launching online music classes in India

    There is also an introductory 'Discovery' package of four classes for parents to develop their conviction on their child's interest in music.
  • Jio adds 20 MHz spectrum across Telangana, AP

    With this, the spectrum availability in the region has gone up by 50 per cent from 40 MHz to 60 MHz
  • Patent waiver not enough for vax rollout: WTO chief

    The Trade Committee is set to discuss calls for patent waivers for Covid-19 vaccines on May 25.
  • SK Innovation, Ford to form $5.3B EV battery venture in US

    Ford has said it will invest $22 billion in electrification by 2025, vowing to step up efforts to build its own batteries for stable supply of the key component.
  • Petrol price inches closer to century mark in Mumbai

    The price of petrol increased by 17-19 paisa per litre while the diesel price increased by 28-30 paisa per litre across metro cities of the country.
  • Mapmygenome launches new Covid testing facility in Hyderabad

    The new drive-thru testing facility opened at Cyient Foundation MP Primary & ZP High School in Gachibowli
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