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Home  Business

Business

Sensex snaps 10-session rally, crashes 1,066 pts

Sensex snaps 10-session rally, crashes 1,066 pts

  • 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.
  • Reliance Jio-led super app battle to intensify in India in 2021

    Reliance's Jio Platforms has already blazed the trail with more than $20 billion investment in their digital business.
  • Hyderabad records highest new residential launches in Q3

    Contributes 40 per cent to overall launches across top seven cities of India, says JLL
  • Sensex declines over 200 points in early trade; Nifty tests 11,900

    Tech Mahindra was the top loser in the Sensex pack, shedding around 2 per cent, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC.
  • Mercedes-Benz reports 38pc drop in sales for Q3

    The company had sold 3,354 units in the July-September quarter last year. Mercedes-Benz India said it is witnessing a V-shaped recovery of sales based on the Q3 performance, pointing to the beginning of a good festive season.
  • OnePlus flagship 8T 5G launched in India

    The OnePlus 8T will be available in two colours, aquamarine green and lunar silver at Rs 45,999 (12GB RAM+ 256GB internal storage) and Rs 42,999 (8GB RAM+128GB internal storage).
  • Wipro shares tank 7 pc after quarterly earnings

    The stock tumbled 6.85 per cent to Rs 350 on the BSE. At the NSE, it plummeted 6.90 per cent to Rs 350. Wipro on Tuesday posted a 3.4 per cent decline in consolidated net profit to Rs 2,465.7 crore
  • IRDAI allows renewal, migration & porting of Covid specific policies

    In a circular, the Insurance Regulatory and Development Authority of India (IRDAI) has said the insurers have the choice to allow renewal, migration and portability of the above policies.
  • WPI inflation rises to 1.32 pc in Sept mainly on costlier food article

    The annual rate of inflation, based on monthly WPI, stood at 1.32 per cent (provisional) for the month of September, 2020 (over September, 2019) as compared to 0.33 per cent during the corresponding month of the previous year
  • Telecom a force-multiplier for all sectors: COAI DG

    Speaking at a virtual event organised by industry think-tank Broadband India Forum, Cellular Operators' Association of India (COAI) Director General SP Kochhar said the advent of 5G means that artificial intelligence, augmented reality, virtual reality
  • Sensex ends 169 pts higher after fag-end rally

    The 30-share BSE index opened on a weak note and gyrated over 600 points during the day. However, it gained ground in the last hour of the session to finish at 40,794.74, up 169.23 points or 0.42 per cent.
  • Apple iPhone 11, XR, SE 2020 get price cut in India

    The base variant of the iPhone 11 with 64GB internal storage is now available for Rs 54,900, whereas the 128GB and 256GB model costs Rs 59,900, and Rs 69,900, respectively.
  • 39.43 lakh domestic air passengers in Sept, 66% lower than 2019: DGCA

    As many as 21.07 lakh and 28.32 lakh people travelled by air domestically this July and August, respectively, the regulator had said last month.
  • Indian economy will recover from coronavirus crisis with right policies: IMF

    The International Monetary Fund in its annual World Economic Outlook significantly downgrades India's growth for the fiscal year 2020 to minus 10.3 per cent. At the same time, IMF said that India is likely to bounce back with an impressive
  • RBI launches latest round of quarterly survey of manufacturing sector

    "The survey (Round 51) is for the reference period July-September 2020 (Q2:2020-21)," the central bank said in a statement.
  • IKEA joins hands with Mastercard, Citi for credit card

    The in-store card application process is digital with instant verification and immediate usage, a first for any co-branded card in India
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