Business

Investment is $150 million (about Rs 1,100 cr) and will create employment to 1,000 by end of 2021

After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.03 per cent lower at 90.44.

In the Sensex pack, Mahindra and Mahindra, Asian Paints, Tata Steel, Bajaj Finance, ONGC and HDFC were the prominent gainers.

The company said on Tuesday that it is releasing new versions of many of its Microsoft 365 for Mac apps that run natively on Macs with M1 - Outlook, Word, Excel, PowerPoint, and OneNote.

Suffers Rs 2,300 cr loss per day; 3.45 lakh jobs lost: Parliamentary panel

This AIRA, according to its founder and president Harshitha Puvvala, intends to set up a robotics centre in Hyderabad with local hubs in colleges and enterprises by end of next year

As per the MoU, Cyient will support Decipher with the global rollout of their cloud mining platform for tailings and rehabilitation monitoring

Those are working in the IT industry, corporates, NRIs, students, IT faculties, IT affiliated industry professionals, government staff working in the IT field, startups can become members

Securities and Exchange Board of India (Sebi), in October, levied a fine of Rs 6 crore on National Stock Exchange (NSE) for allegedly investing in six companies unrelated or non-incidental to the stock exchange business.

It runs on a franchisee model of operation through the country and has signed up over 42 plus outlets in the middle of the pandemic making a total of 100 plus outlets in 43 cities as of this year.

On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 284, or 0.58 per cent, at Rs 49,223 per 10 gram in a business turnover of 11,601 lots.

The card offers 7.25 per cent value back (including 1 per cent surcharge waiver) on fuel and lubricant spends at BPCL fuel stations and 6.25 per cent value back on Bharat Gas spends, it added.

The US-based rating agency said its revision in growth forecast reflects a faster-than-expected recovery in the quarter through September. For the next fiscal, it projected India's growth to rebound to 10 per cent.

Addressing the inaugural session of CII's Partnership Summit 2020, through virtual means, Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Goyal invited foreign investors to be a part of India's growth story.

The notes are expected to be rated Baa3 by Moody's Investors Service, BBB-minus Standard & Poor and BBB-minus by Fitch Ratings.

"India is a very special and important country for us. Millions of people here use our products every day to stay in touch with friends and family," said Mark Zuckerberg, Facebook CEO during 'Facebook Fuel for India 2020' event

Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event.

At a fireside chat with Facebook head Mark Zuckerberg, he said India's middle-class, which is about 50 per cent of the nation's total number of households, will grow three to four per cent per year.

The social networking platform said the 'Nayi Shuruaat' campaign launched during its 'Fuel for India' event is an ode to the resilience of small businesses amid crisis.

Axis Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by ONGC, M&M, ICICI Bank, Asian Paints, SBI, HUL, L&T, Titan, Infosys and TCS.

In October, it was 1.48 per cent -- marking an eight-month high as manufactured products turned costlier.

It also is launching a review of a merger of two online streaming platforms in the latest tightening of controls over the internet sector.

After touching its record intra-day peak of 46,373.34, the 30-share BSE Sensex ended 154.45 points or 0.34 per cent higher at 46,253.46, its new closing record.