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Home  Business

Business

Indian economy to contract by 7 per cent in FY21: SBI Research

Indian economy to contract by 7 per cent in FY21: SBI Research

  • SBI crosses Rs 5 trillion-mark in home loan business

    The real estate and housing business (REHBU) unit of the bank has grown five times in the last 10 years
  • AIC IIIT-H Foundation centre unveiled

    AIC-IIITH’s 23 social enterprises have raised Rs 12 crore and generated revenue of Rs 2.7 crore while creating employment of 380 in social impact sectors
  • Sensex, Nifty end marginally lower after choppy trade

    After swinging 666.64 points, the 30-share BSE Sensex settled 19.69 points or 0.04 per cent lower at 51,309.39.
  • POCO sells over 1.5 lakh M3 smartphones on 1st sale

    The device received a phenomenal response with over 30 lakh consumers having expressed interest in purchasing POCO M3 in the first sale on Tuesday, the company said in a statement.
  • HP India going beyond products to help SMBs rebound in 2021

    More than 73 per cent of the SMBs in India are confident that they will bounce back after the pandemic. More importantly, 75 per cent of the surveyed businesses believe that digital adoption
  • Telangana to set up National Center for Additive Manufacturing

    The Emerging Technologies Wing of the ITE&C Department, Government of Telangana organised a virtual stakeholder consultation workshop on February 6th, and the consultation workshop was attended by over 40 major stakeholders representing industry, startups and academia.
  • JLR to launch electric SUV I-Pace on March 9

    Since its debut, the I-PACE has won more than 80 global awards and it was the first car ever to win all three World Car titles simultaneously in 2019.
  • Premier Energies setting up Rs 483 crore unit in Hyderabad

    The new facility which will be commissioned by April, will produce over 1.5 GW per annum of solar cells and modules, and triple its production capacity
  • Centre, states owe Air India Rs 498 crore: Puri

    The governments in states and at the Centre owe the airline Rs 84.57 crore for VVIP travel
  • Inflow in Gold ETFs surges 45 per cent to Rs 625 crore in January

    After witnessing a net outflow of Rs 141 crore in November 2020, the Gold ETF category is once again back under investors' radar.
  • E-commerce in India clocks 36% volume growth in Q4 2020

    However, the average order value declined by 5 per cent in Q4 2020 as compared to same period last year, said the report by Unicommerce, an e-commerce focused supply-chain software-as-a-service
  • InterGlobe Aviation pays Rs 2.1 crore as settlement charges to Sebi

    On BSE, the stock was trading at Rs 1,614.7 down 2.81 per cent.
  • Infrastructure software revenue in India to jump 12% in 2021: Gartner

    While all enterprise infrastructure software segments are forecast to return to growth in 2021, security software is expected to have the strongest growth
  • KPMG in India, Infomo announce global partnership

    InfomoR3 is an ecosystem platform designed for sell-side stakeholders in the digital marketing value chain.
  • Government plans to sell 20% stake in National Fertilizers Ltd

    Further, the Centre is also considering allotting shares to eligible and willing employees of NFL at a discount on the issue or discovered price
  • Telegram fast eating into WhatsApp user base in India: Survey

    Although WhatsApp is currently the messaging leader with more than 53 per cent users in the country using its platform, Telegram has wooed most of its users
  • Petrol, diesel prices rise by 30p, 25p a litre in Delhi

    Petrol is now priced at Rs 87.60 and diesel Rs 77.73 per litre in the national capital.
  • Samsung’s Bengaluru R&D centre to explore multi-device intelligence

    Samsung R&D Institute, Bangalore (SRI-B), Samsungs largest R&D facility outside Korea, is celebrating its 25 years in India.
  • IEX onboards 3rd strategic investor in gas exchange IGX

    Gas utility GAIL has picked up 5 per cent equity stake in the Indian Gas Exchange (IGX)
  • TCS to recruit 1,500 tech staff in UK

    TCS' workforce in the UK has 54 nationalities represented, and women account for 28 per cent of the workforce, much higher than the 17 per cent average in the IT sector.
  • Sensex jumps over 150 points in early trade, Nifty tests 15,150

    UltraTech Cement, Bajaj Finserv, Bajaj Auto, Bajaj Finance, HCL Tech and Reliance Industries were among the gainers in the Sensex pack, rising up to 2 per cent.
  • Rupee opens on flat note against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.06 per cent to 90.38.
  • Twitter ends 2020 with record 192 million daily users

    "We are a platform that is obviously much larger than any one topic or any one account. Eighty per cent of our audience is outside the United States and we have more than 50 accounts with over 25 million followers," said Twitter CEO Jack Dorsey.
  • T Works develops cribs, to work with local carpenters

    The institute plans to either collaborate with carpenters in order to make the cribs or will facilitate knowledge-transfer of the design
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