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Home  Business

Business

Most Indian corporates have protection against weakening rupee: Moody’s

Most Indian corporates have protection against weakening rupee: Moody’s

  • Fuel prices unchanged, revisions expected post polls

    OMCs benchmark retail fuel prices to a 15-day rolling average of global refined products' prices and dollar exchange rate.
  • US Fed keeps interest rates near zero as recovery picks up

    The central bank pledged to continue its asset purchase program at least at the current pace of $120 billion per month until the economic recovery makes "substantial further progress".
  • Apple posts record $89.6 billion revenue, iPhones sales grow over 65%

    This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us
  • IFC to invest $15M in Seabright IV L.P/Prime Venture Partners

    The IFC also plans another $15 million as a co-investment envelope to invest alongside the Fund.
  • Rupee surges 26 paise to 74.10 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 90.58.
  • Sensex rallies over 600 points in early trade; Nifty reclaims 15,000 level

    IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, Bajaj Finance, Bajaj Finserv, ONGC, Kotak Bank and Reliance Industries.
  • Samsung sees chip recovery in Q2 after strong Q1 results

    Samsung's net profit stood at $6.4 billion in the January-March period, up 46.2 per cent from a year earlier, the world's largest memory chip and smartphone vendor said in a regulatory filing.
  • Online platform ‘TGreens’ helps mango farmers to sell produce

    An initiative of Horticulture dept and Kalgudi Digital takes orders for mangoes and deliver them to customers in different States
  • MassMutual to increase headcount in Hyderabad

    US life insurer to establish more domain-specific centres of excellence in the city's Global Capability Center
  • Imagindia calls on RBI to delay ban on Amex, Diners Club

    The RBI ruled to impose a ban on American Express Co and Diners Club International from issuing new cards in India.
  • India’s GDP to grow at 11pc this fiscal: ADB

    However, the Asian Development Bank (ADB) cautioned that the surge in Covid-19 cases may put the country's economic recovery at risk.
  • Niti Aayog suggests govt to provide incentives on EV purchase

    The Niti Aayog in its status quo analysis of electric mobility in India also said the government should include EVs and associated businesses in the priority sector lending category.
  • Zomato files for Rs 8,250 cr IPO as orders surge in pandemic

    In a draft red herring prospectus (DRHP) filed with the market regulator, Zomato said it aims to raise Rs 8,250 crore in capital by offering the company's equity shares for sale.
  • Apple to cut AirPods production due to decreasing sales: Report

    "The most significant order reduction is for the second quarter toward the start of the third quarter," one of the people familiar with the matter was quoted as saying.
  • Hyundai Motor India announces Rs 20-cr COVID-19 relief package

    Hyundai Motor India Foundation (HMIF) will deploy resources to set up oxygen generating plants in hospitals, to aid critical patients, and help hospitals become self-sufficient in oxygen
  • Samsung unveils 5G ready Galaxy M42 smartphone in India

    The smartphone comes in two storage models that includes a 6GB+128GB variant and a 8GB+128GB variant, priced at Rs 21,999 and Rs 23,999, respectively.
  • Great Learning launches CareerPlus

    The support will be provided through various programmes including job preparatory programmes, live sessions to strengthen key skills tested in job interviews, job-readiness assessments, and job postings from corporate hiring partners
  • Gold plunges by Rs 505, silver declines by Rs 828

    In the international market, gold was quoting lower at USD 1,769 per ounce and silver was flat at USD 26.02 per ounce.
  • MassMutual GCC in Hyderabad to scale up headcount by 2021 end

    The GCC was inaugurated in January 2021 by Telangana Industries Minister KT Rama Rao, when the company announced its plans to invest over Rs 1,000 crores for its Global Capability Center in Hyderabad.
  • Jio Platforms figures in TIME100 most influential companies

    The TIME100 most influential companies list says that over the past few years, Reliance Industries has built India's largest 4G network.
  • CDC Group invests Rs 250 crore into Hyderabad solar power firm

    Fourth Partner Energy will deploy this capital towards growing its renewable solutions platform across India and South Asia. CDC’s investment will support India’s clean energy transition.
  • MSN Laboratories launches Favipiravir 800mg tablets

    The field team of MSN Labs is also facilitating free home delivery in over 170 cities in coordination with local retail chemists for patient convenience, the company said.
  • Fuel prices remain steady; revisions expected next month

    The price of the two auto fuels had fallen by 16 paisa and 14 paisa per litre respectively on April 15 after a 15 day break when OMCs kept its prices static.
  • SEBI tightens norms for provisional rating by credit rating agencies

    The provisional rating shall be converted into a final rating within 90 days from the date of issuance of the debt instrument.
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