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Home  Business

Business

Shaktikanta Das asks PSBs to quickly implement measures announced by RBI

Shaktikanta Das asks PSBs to quickly implement measures announced by RBI

  • Royal Enfield to recall around 2.37 lakh units to fix faulty ignition coil

    It will call in Meteor motorcycles manufactured and sold between December 2020 and April 2021, and the Classic and Bullet manufactured and sold between January and April 2021.
  • Sensex drops 291 points; Nifty ends below 15,100

    Bajaj Finserv was the top loser in the Sensex pack, shedding around 2 per cent, followed by HDFC, M&M, Bharti Airtel, UltraTech Cement and Kotak Bank.
  • PFRDA subscriber base up by 23%

    The number of subscribers in various schemes rose to 426.75 lakh by end-April 2021 from 346.01 lakh in April 2020.
  • Gold declines Rs 97; silver tumbles Rs 1,417

    In the international market, both gold and silver were trading marginally lower at USD 1,867 per ounce and USD 27.88 per ounce, respectively.
  • IDBI Bank launches digitised automated loan processing system

    This new loan processing system seamlessly integrates with data fintechs, bureau validations, document storage/retrieval, account opening/management, customer notifications, and portfolio management capabilities along with embodied policy/knock off parameters.
  • Hindustan Unilever to provide free oxygen concentrators in Delhi, B’lore

    HUL has airlifted over 5,000 oxygen concentrators into India.
  • Rupee snaps 3-day winning streak, drops 13 paise to 73.18/USD

    The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.20 per cent to 89.93.
  • Learning app ‘Practically’ wins TiE50 award

    Practically name was recognized for its cutting-edge and highly animated 3D videos, simulations and AR/VR experiences.
  • Apple Watch Series 7 could feature flat-edged design: Report

    A 9To5Google report, citing Jon Prosser, said that Apple Watch Series 7 will feature a redesign that is similar to other Apple hardware updates.
  • HP leads as India’s hardcopy peripherals market logs best quarter: IDC

    The growth was primarily led by the inkjet segment, wherein HP grew by 109.4 per cent (YoY). However, its market share dropped to 22.7 per cent as it occupied the third position in the inkjet market, according to latest data released by the IDC.
  • IOC reports net profit of Rs 8,781 cr in Q4

    Revenue from operation jumped to Rs 1.63 lakh crore from Rs 1.39 lakh crore last year.
  • IDBI Bank launches digitised automated loan processing system for MSME

    The platform is designed to incorporate knock-off criteria & credit policy parameters for superior underwriting standards, the statement added.
  • City-based Zaggle announces entry into neo-banking space

    The parent company (Zaggle) currently works with three banking partners including Yes Bank, RBL Bank and IndusInd Bank.
  • Kotak Special Situations Fund acquires 74% stake in HKR Roadways

    This funding and resolution of debt is the first one in the road sector for KSSF.
  • CEAT Tyres extends warranty on all tyres by 3 months

    The decision was taken by the company to express their support to the customers amidst the 2nd wave of pandemic, with many states announcing lockdowns.
  • PhonePe acquires homegrown Indus App Bazaar for Rs 438 cr

    The move, sources said, will strengthen PhonePe's 'Switch' app that aggregates several useful apps at one place.
  • Hyderabad-based Optimus gets DCGI nod for molnupiravir phase III trials

    The drug regulator gave nod for conducting the trial on mild and moderate Covid-19 patients
  • Telangana govt invites global tenders for 1 crore Covid vaccines

    The TSMSIDC has set the last date for online submission for the global e-tenders at June 4 while bidding applications will be available for download from May 21.
  • SIS India creates Covid Fund for employees

    Apart from securing government premises, the SIS facility managers also form the backbone of healthcare establishments by providing an extensive on ground workforce, said a company statement.
  • Dr Reddy’s in talks with RDIF on Sputnik V for other countries

    Dr Reddy's which had received over two lakh vaccines from RDIF, recently soft-launched Sputnik V and tied up with Apollo Hospitals for piloting the vaccine.
  • HP leads as India’s hardcopy peripherals market logs best quarter: IDC

    Epson occupied the second position in the overall HCP market with a market share of 30.4 per cent while registering a YoY growth of 27 per cent.
  • Hyundai Motor’s EV plan at risk of losing impetus

    The slower-than-expected EV rollout raises concerns that latecomers may not be eligible for subsidies from the central and provincial governments allocated for this year.
  • AFCONS working to revamp its unmanned offshore platforms in Arabian Sea

    The AFCONS-led consortium is working closely with ONGC, Petroleum Ministry, Indian Navy, Coast Guard, and DG (Shipping) to coordinate the rescue efforts.
  • Adani Green to buy SB Energy’s renewable portfolio for EV of $3.5b

    This acquisition demonstrates AGEL's intent to be the leader in sustainable energy transition globally and makes it one of the largest renewable energy platforms in the world.
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