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Home  Business

Business

Forex reserves rise by $5.867 bn to lifetime high

Forex reserves rise by $5.867 bn to lifetime high

  • Powered by Reliance deals, M&As up 6 pc in Q3 at USD 21.6 bn

    Domestic deals jumped 130 per cent in terms of deal value to $9.46 billion across 37 deals in the third quarter compared to $4.12 billion across 28 deals in the second quarter
  • Markets back to winning ways as banking, metal stocks sparkle

    Tata Steel topped the Sensex gainers chart with a jump of 5.38 per cent, followed by HDFC Bank, PowerGrid, Ultratech Cement, Kotak Bank, Axis Bank and ONGC
  • RBI to conduct first-ever OMO purchase of SDLs on Oct 22

    The Reserve Bank had announced about the OMOs in the statement on Developmental and Regulatory Policies after the monetary policy meeting on October 9
  • UK fines British Airways for failures in 2018 data hack

    The ICO said in a statement on Friday that the airline was processing personal data without adequate security measures
  • Micromax creates Rs 500-crore war chest to launch ‘in’ sub-brand

    Micromax co-founder Rahul Sharma said there is a huge demand for smartphones made by Indian companies and that has gained more traction after the recent Indo-Chinese tension
  • After petrol, diesel demand returns to pre-COVID-19 levels

    While demand for petrol has been more resilient than diesel due to an increased preference for using personal vehicles instead of public transport to follow distancing norms.
  • Samsung now top smartphone seller in India, globally: Report

    Samsung has now reached its highest market share in India since 2018 by adopting an aggressive online channel strategy to benefit from opportunities arising due to anti-China sentiments in the country.
  • Customise your Royal Enfield via app

    The global leader in the mid-size motorcycle segment (250 cc-750 cc) on Friday announced the roll-out of a first-of-its-kind motorcycle personalisation service called Royal Enfield Make-It-Yours (MiY).
  • Rupee slips 6 paise to 73.42 against US dollar in early trade

    On the domestic equity market front, the BSE benchmark Sensex was trading 160.58 points higher at 39,888.99, and the broader NSE Nifty rose 45.75 points to 11,726.10.
  • Passenger vehicle sales in India rise 26 per cent in Sept: SIAM

    Motorcycle sales were at 12,24,117 units as against 10,43,621 units in September 2019, up 17.3 per cent.
  • Sensex, Nifty rebound in early trade; bank, IT stocks take charge

    On the Sensex chart, IndusInd Bank, Tata Steel, Infosys, ONGC, Kotak Bank, NTPC and Bharti Airtel were among prominent gainers.
  • Pure EV to set up new facility in Telangana

    IIT Hyderabad incubatee is planning to raise Rs 200 crore in next 6-12 months
  • Govt data on user charge basis: Chief Economic Advisor

    The data can be analysed for value addition while the Government will have a regulatory control to ensure that the privacy and security concerns are not compromised, said CEA KV Subramanian
  • TS setting up high perforamce compute facilities at IIT-H, JNTU

    Telangana is the second State after Sikkim to put a large amount of government data in the public domain, said IT and Industries Principal Secretary Jayesh Ranjan
  • Sensex snaps 10-session rally, crashes 1,066 pts

    The 30-share BSE index plummeted 1,066.33 points or 2.61 per cent to end at 39,728.41
  • PE investments in realty dips 56 per cent in Jan-Sept

    Knight Frank India in its latest research report — 'Investments in Real Estate Trends in PE Investments Q3 2020' — recorded that Indian real estate attracted private equity investments of $2,308 million
  • E-tailers to log Rs 47,751 cr in India festive month sales

    About 75 per cent of these sales will occur from October 15-21, the period in which Flipkart will hold its 'Big Billion Days' event
  • Volumes of oil firms to fall 15% in FY21

    India's fuel demand recovered sharply in June from April before slowing due to the reimposition of restrictions in certain cities because of coronavirus and flooding in some regions
  • Reliance Retail receives Rs 5,550 cr from KKR

    . Earlier, on September 23, RIL had announced that KKR will make the investment in its subsidiary Reliance Retail Ventures Ltd (RRVL) to buy 1.28 per cent equity stake
  • Natco Pharma eyes launch of 8-10 new drugs yearly

    During the year, Natco spent Rs 349 crore on capital expenditure, a majority of which was used to enhance capabilities of their manufacturing facilities
  • JLR India launches new SUV Defender

    While the New Defender 90 priced from Rs 73.98 lakh is open for booking, it will be available for delivery from first quarter of financial year 2020-21.
  • AI essential for business in future: Survey

    The study titled ‘The impact of Artificial Intelligence on the Indian Labor Market’ showed that about 90 per cent of respondents indicated that AI is essential or highly relevant to their business.
  • Uber hires Amazon veteran to lead mobility teams in Bengaluru

    The Rider mobility team works on the challenge of enabling the next billion trips by building new services including high capacity vehicles (Uber bus), and car rentals, among others.
  • Rupee inches 4 paise higher to 73.27 against US dollar in early trade

    "Rising number of COVID-19 cases is prompting worries about a new wave of lockdowns in Europe and hopes from US stimulus spending are fading", Reliance Securities said in a research note.
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