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Home  Business

Business

Rupee slumps 23 paise to 72.92 against US dollar in early trade

Rupee slumps 23 paise to 72.92 against US dollar in early trade

  • Sensex tumbles over 300 points in early trade; Nifty below 15,300

    Nestle India was the top loser in the Sensex pack, shedding around 4 per cent, followed by ONGC, HDFC, TCS, PowerGrid and ICICI Bank.
  • Chinese investor in Koo’s parent firm to exit

    Koo, which caught public attention after the Indian government's tussle with Twitter over the removal of inflammatory contents, has crossed over 3 million downloads with about a million active users
  • SAT stays SEBI’s order banning Future Retail promoters

    SAT has also directed the Future Group promoters to deposit a sum of Rs 11 crore as an interim measure
  • Big Boy Toyz targets Rs 100 cr sales from South India

    The company, that has its brick and mortar sale point in Hyderabad for the South market, has seen 20 per cent growth during the pandemic period and expects this to grow in the next one year
  • Sensex, Nifty end marginally lower; PowerGrid rallies 6 pc

    After touching a lifetime high of 52,516.76 in the opening session, the 30-share BSE Sensex settled 49.96 points or 0.10 per cent lower at 52,104.17
  • Amazon to start device manufacturing line in India

    While it did not share details of the capacity or investment for the project, Amazon said it will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand
  • Indian economy on track for recovery: S&P

    Stating that India needs many things to be right for its recovery to continue, S&P said the country needs to quickly and thoroughly vaccinate most of its 1.4 billion people
  • Govt to bring amendments to two Acts to enable privatisation of PSU banks

    These Acts led to nationalisation of banks in two phases and provisions of these laws have to be changed for privatisation of banks, they said
  • IBM, Tech Mahindra team up to build $1bn ecosystem

    Five strategic focus areas of the collaboration include 5G, automation, hybrid cloud, cybersecurity, and data & Artificial Intelligence (AI).
  • Machint Solutions launches new fintech app ‘Uluka’

    This omnichannel, multi-entity and multi-currency platform is aimed at empowering financial institutions to build strong customer relationships, strengthen brand loyalty and delight customers across digital and physical channels.
  • Max Bupa plans to recruit 12,000 agents in Telangana

    In Hyderabad alone, it will recruit 8,000 agents.
  • Unacademy acquires majority stake in TapChief

    TapChief leverages a host of technology solutions to empower professionals to interact and learn from experts, work with businesses from across the world.
  • Business Women Expo 2021 to be held from March 6

    Vice President of India Venkaiah Naidu along with Union Minister of State for Home G Kishan Reddy and Telangana Governor Tamilisai Soundararajan will be gracing the event.
  • Amazon to make Fire TV stick, other devices in India

    Amit Agarwal, Global Senior Vice President of Amazon said that Amazon is committed to partner with the Indian government to advance the vision of an 'Atma Nirbhar Bharat'.
  • BioAsia ’21 announces Genome Valley Excellence award to Bharat Biotech

    Dr Krishna M Ella, CMD and Suchitra Ella, joint managing director, Bharat Biotech International will receive the award on February 22, during the inaugural event of BioAsia 2021.
  • Bangalore’s New Thermo Fisher Scientific to produce COVID-19 testing kits

    Bangalore: Thermo Fisher Scientific said on Tuesday its new manufacturing facility here will produce COVID-19 testing kits and diagnostic solutions that are made in India for use in India. “The new facility is equipped with the capacity to manufacture up to 10 million tests every month,” Amit Chopra, managing director, India and South Asia, Thermo […]
  • Ascendas signs pact to acquire IT SEZ in Hyderabad for Rs 506 crore

    The proposed acquisition will be the fifth building acquired by a-iTrust from the Phoenix Group
  • Rupee rises 5 paise to 72.63 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.22 per cent to 90.27.
  • Sensex surges over 300 points in early trade; Nifty tops 15,400

    ONGC was the top gainer in the Sensex pack, rising around 4 per cent, followed by IndusInd Bank, Kotak Bank, PowerGrid, SBI and Tech Mahindra.
  • Genomelabs arm draws out omni-channel strategy

    Lines up nutrition products, immunity boosters and dietary supplements.
  • Onpassive launches new product

    The platform empowers students and tutors alike to have a unified access to a world of resources, thus making it suitable for all online education related services.
  • Legal counsels will defend proceedings, says Future Retail Ltd

    Amazon had moved the Supreme Court in a bid to block Future Group's deal with Reliance after the Delhi High Court stayed a previous order of status quo on the deal.
  • Indian IT industry’s revenues to grow 2.3pc to $194 bn this fiscal: Nasscom

    Nasscom said there was a 3.2 per cent decline in global tech spend on the back of a 3.5 per cent contraction in the global GDP.
  • ESC’s IndiaSoft 2021 to be held over three weeks virtually from March 9

    Gurmeet Singh, executive director, ESC said that it would focus on attracting investments into the India’s digital economy from various corners of the world.
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