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Home  Business

Business

Banks need to closely monitor asset quality, prepare for higher provisioning: RBI

Banks need to closely monitor asset quality, prepare for higher provisioning: RBI

  • Samsung Electronics introduces new improved LED package

    The LM301B EVO offers the industry's highest efficacy of 235 lumens per watt (lm/W) by using a new reflective material inside the packaging mold, according to Samsung.
  • Ikea launches shopping app in India

    Shoppers can now order furniture and home furnishing products through the app
  • MEIL establishes over 3,000 beds for Covid affected in Tamil Nadu

    These beds are established in hospitals that have oxygen facilities and will be served by the medical staff of the State government
  • Hyderabad-based EV tractor firm raises funds

    Our target customers are farmers who can use these tractors at low operating cost, says Siddhartha Durairajan, founder and CEO, Cellestial.
  • Deporting Choksi to India directly may not be easy

    The Antigua Observer also reported that Choksi is in the custody of the Criminal Investigation Department (CID) in Dominica.
  • Just a day away: Regular petrol price to touch Rs 100/l in Mumbai

    Premium petrol price has also already crossed the Rs 100 per litre mark in the city and other parts of the country through increase in the retail rates in the month of January and February.
  • 2nd Covid wave to impact credit card spends in near term

    For FY21, the overall industry spends de-grew by 14 per cent YoY. The first half of FY21 was particularly weak on account of nation-wide lockdowns.
  • Rupee opens on flat note, inches higher by 4 paise to 72.73 against US dollar in early trade

    At the interbank foreign exchange, the domestic unit opened at 72.75 against the dollar, then inched higher to 72.73, registering a gain of 4 paise over its previous close.
  • M1xchange to tap IT, cement and paper segments

    In Telangana, M1xchange has about 300 MSMEs from auto, pharma and heavy engineering sectors.
  • Ozonetel to rollout new solutions

    Hyderabad-based cloud communication firm to expand presence in the US and foray into Europe
  • Sensex soars above 51,000-mark

    The broader NSE Nifty extended its winning run to the fourth consecutive session, climbing 93 points or 0.17 per cent to finish at 15,301.45.
  • GST Council sets up GoM on capacity based taxation

    The Council has set five-point terms of reference for the GoM which will include examining the legal validity of such changes (manufacturing capacity based taxation and new composition scheme).
  • Gati Ltd to exit cold chain solutions business

    Gati will sell its approximately 70 per cent stake in Gati Kausar India to existing minority shareholder Mandala Capital AG Limited.
  • Arvind Ltd posts net profit of Rs 53.34 cr

    Arvind Ltd also informed that its board in a meeting held on Wednesday has "not recommended dividend on equity shares" for the year ended March 31, 2021.
  • Royal Enfield to again shut down plants

    The Tamil Nadu administration on May 22 had announced extending the ongoing lockdown for another week starting May 24.
  • Govt says new digital rules don’t violate privacy

    The new rules, announced on February 25, require large social media platforms to follow additional due diligence, including the appointment of chief compliance officer.
  • Raytheon to aid Covid-19 relief efforts in India

    Retrofitting OxyTruck mobile oxygen filling stations, produced by its Collins Aerospace unit in Germany
  • Google assures compliance with India’s new IT rules

    It further cited its 'long history' of managing content according to local laws to assure the Indian government of its continuing efforts to ensure legal compliance.
  • KT Rama Rao inaugurates Project Ashray

    The medical covid facility has 100 beds to treat mild to moderate Covid cases.
  • Engineering student helps students bag internships

    Sixinterns has been able to help 8,000 students secure internships other than helping gig workers get jobs in on-demand platforms.
  • itel brings in most affordable 4G smartphone itel A23 Pro at sub-Rs 4K

    With this initiative, itel and Jio users will get itel A23 Pro at an attractive price of Rs 3,899, which was earlier priced at Rs 4,999, thus unleashing an opportunity to democratise technology for all consumers.
  • DronaHQ extends tech support in Covid battle

    In a statement, the company said that it helps corporates, healthcare providers, businesses, housing officials build vaccination management apps to safely and efficiently manage vaccine programs at scale.
  • Tesla announces new data centre in China

    "We have established a data center in China to achieve data storage localisation and will continue to add more local data centers," Tesla announced via its official Weibo account.
  • Telangana: AB InBev supports 2,000 families in Sangareddy with ration kits

    The company is closely working with local authorities and medical officials to support the affected communities in 11 villages
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