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Home  Business

Business

Rupee opens flat against US dollar in early trade

Rupee opens flat against US dollar in early trade

  • Sensex, Nifty pare early losses to turn positive in opening trade

    IndusInd Bank was the top gainer in the Sensex pack, rising around 4.50 per cent, followed by Dr Reddy's, PowerGrid, Tech Mahindra, M&M, Sun Pharma and Axis Bank.
  • Jeff Bezos to step down as Amazon CEO

    Bezos has served as Amazon's CEO since he founded the company in 1994, making his venture one of the most dominant technology firms in the world.
  • Bharat Biotech, Ocugen ink pact for commercialisation of Covaxin in US

    Under the terms of the agreement, Ocugen will have the US rights to the vaccine candidate and will be responsible for clinical development, regulatory approval (including emergency use authorisation (EUA)) and commercialisation for the US market.
  • State-owned Indian Oil Corporation to monetise pipeline assets

    Finance Minister Nirmala Sitharaman in her Budget for fiscal year beginning April 1, announced monetisation of oil and gas pipeline assets of IOC, gas utility GAIL (India) Ltd and Hindustan Petroleum Corporation Ltd (HPCL).
  • HDFC Ltd consolidated net profit rises to Rs 5,724 crore in Q3FY21

    The company's total income (consolidated basis) rose to Rs 39,267.59 crore during the third quarter as against Rs 29,073.19 crore in the same period of 2019-20, HDFC Ltd said in a regulatory filing.
  • RBI appoints external IT firm for special audit of HDFC Bank’s IT infra

    The development follows recent outage in the bank's internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre.  
  • Robinhood raises $3.4B from investors amid surge in trading

    The funds are being provided by Ribbit Capital and several other venture capital firms, including Sequoia Capital, Index Ventures and ICONIQ Capital. The USD 3.4 billion figure includes $1 billion in funding that Robinhood announced Friday.
  • Wall Street’s GameStop bug may have mutated; silver surges

    Last week, there were messages on the Reddit forum WallStreet Bets and other places on social media encouraging small investors to buy silver. The metal shot up Monday, but many of the online investors said it wasn't them bidding up the price.
  • BPCL, Air India stake sale by Sept; LIC IPO post Oct: DIPAM Secy

    Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd
  • French tyre major Michelin to hike tyre prices in India by 8%

    The price revision addresses the increase of raw material cost, natural rubber in particular, global transportation cost and other market factors, it added. "This increase is effective March 2021 and is applicable to all Michelin group brands," the tyre maker said.
  • HC directs Future Retail to maintain status quo on deal with Reliance

    Justice J R Midha said the court was satisfied that an immediate interim order was required to be passed to protect the rights of Amazon.
  • Amazon Great Republic Day Sale: 88K SMBs, artisans received orders

    About 65 per cent of these sellers during the sale, hosted from January 20-23, were from non-metro cities like Hamirpur in Himachal Pradesh, Tinsukia in Assam, Medak in Telangana, and Rajsamand in Rajasthan.
  • Tesla CEO Elon Musk takes a break from Twitter, again

    The tweet is a repeat of Musk's June 2020 tweet where he used the same words, to be back on the platform in two days.
  • SC orders disbursal of Rs 9K cr to unitholders of Franklin Templeton’s 6 MF schemes

    A bench of Justices S A Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders' interest in the assets.
  • Data of 26 lakh Airtel users from J&K leaked, company says no breach

    The data of Airtel customers contain telephone numbers, addresses, Aadhaar numbers and other details, according to the screenshots and a video shared by Rajaharia.
  • US smartphone market down 6% in Q4 despite record iPhone sales

    Q4 2020 was a particularly challenging quarter for many OEMs, especially those who manufacture devices for the prepaid and lower price band markets," Jeff Fieldhack, US Mobile Devices and Carrier Strategies Director at Counterpoint
  • 35% of smartphones sold in H1 2020 had chipset security: Report

    "A trusted execution environment (TEE) is a secure area of the main processor which runs its OS and communicates with the main OS via a restricted interface. The strong box approach is more secure," explained Research Vice President Neil Shah.
  • ‘65% working women feel Covid impacted their careers negatively’

    "Our survey has highlighted that the impact of Covid-19 on the Indian workforce has been detrimental, and female workers have suffered the brunt of this disproportionately, especially at junior levels," said Anuranjita Kumar
  • Canon launches seven new ink tank printers in India

    The new PIXMA G Series printers include the drip-free, hands-free ink refilling mechanism and a user-replaceable maintenance cartridge designed to ensure minimum downtime and maximum productivity for homes and businesses.
  • Indian exports grow by 5.4% in January 21

    The highest growth in exports has been observed in the engineering goods which is 18.7 per cent YoY amounting to $1.2 billion.
  • Bharti Airtel board to mull fund raising plans

    Last week, Bharti Airtel announced that its network is 5G ready now as the company successfully demonstrated live fifth-generation service
  • TVS launches intelliGO tech to switch off engine during idling

    The technology aims at providing comfortable, convenient and an environment-friendly ride experience to customers, the company said in a statement.
  • Study initiated to quantify tourism loss over COVID: Centre

    In a written reply to a query in the Rajya Sabha, Patel said the record of the revenue generated through tourism was not maintained by the ministry.
  • Dr Reddy’s Laboratories launch generic epilepsy drug in US market

    With a CGT designation, the company has a 180-day CGT exclusivity to market this product, he added.
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