Business

New housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai, and Kolkata.

Vikrant Varshney, Co-founder & Managing Partner of the fund said, “We are excited to state an overwhelming response and oversubscription to our first closing of the maiden Rs 100 crore fund."

The award demonstrates Cyient’s dedication and consistent commitment to delivering value to its business partners and customers. The company also achieved a Class A rating for its on-time delivery performance.

In a regulatory filing, M&M's Farm Equipment Sector said, effective January 1, 2021, it will increase the price of its range of tractors, across models.

The iPhone 12 Pro was the second best-selling 5G model for the month, according to Counterpoint Research's monthly Market Pulse Service.

Passengers will be able to book this service using the airline's website, said its statement.

The 30-share BSE index pared the gains to trade 202.44 points or 0.43 per cent lower at 46,758.25.

OMCs have gone on a pause mode at a time when news of successful coronavirus vaccine and expectations of big pick up in demand had kept crude on the boil with prices breaching $50 a barrel mark.

The MoU was signed by Ahmad Aljarboa, deputy governor of Corporate Support Sector at CITC, and Terry He, CEO of Huawei Tech Investment Saudi Arabia, said a statement by Huawei on Sunday.

In the previous session, the rupee strengthened by 3 paise to close at 73.56 against the US dollar.

Among stocks, Mahindra & Mahindra skidded by 2.2 per cent to Rs 717.65 per share while Tata Motors was down by 2 per cent to Rs 176.80.

It has so far invested about Rs 3 crore in the operations, said its founder and chief executive officer Nayeem Khan

India Exim Bank helping States to draw up comprehensive export strategies to tap full potential

"Banks have been able to raise a lot of money from the markets. About Rs 40,000 crores have been raised by the public sector banks both in the form equity and also AT1 and Tier II bonds.

The bank has completed the integration of 1,770 erstwhile Dena Bank branches in December 2020, and had earlier completed the integration of 2,128 erstwhile Vijaya Bank branches in September 2020, the lender said in a release.

The decline in gold and silver imports has helped in narrowing the country's trade deficit, difference between imports and exports, to $42 billion during April-November 2020-21 as against $113.42 billion in the year-ago period.

The US remains the nation hit the worst by the pandemic, with the world's highest caseload and death toll, accounting for more than 18 per cent of the global deaths.

In the past few months, many life insurance companies increased the proportion of non-participating saving products with guaranteed returns as an alternative to the falling bank fixed deposit rates

Five states have so far completed the stipulated reforms in the Ease of Doing Business. These States have been granted permission to mobilize additional financial resources to the tune of Rs 16,728 crore

Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India.

Due to the pandemic, people's priorities have changed and they are evaluating their spends and investments very closely, the fintech player said in its third edition of 'BankBazaar Moneymood 2021' report.

The sales volume of 4G connected cars are expected to reach 7.8 million units in 2020 to account for 95per cent of the country's total connected car sales volume, according to Counterpoint Research's Smart Automotive service.

According to the IDC, the next set of emerging markets, namely Jaipur, Gurgaon, Chandigarh, Lucknow, Bhopal, and Coimbatore, also grew by nearly 50 per cent YoY.

Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.