India-Canada row: Nasscom says will engage with stakeholders to track any impact

New Delhi (IANS) Indian IT industry’s apex body Nasscom on Thursday commented on the ongoing India-Canada diplomatic row which may slow down business between the two countries, saying they are in close touch with its members in Canada.

Nasscom…

Sensex cracks more than 600 points due to multiple headwinds

New Delhi (IANS) There are too many challenges for the market in the near term. Brent crude at $94, the dollar index above 105, the two-year US bond yield at 5.09 per cent and the INR at record lows against the dollar are strong headwinds, says V.K.…

CoE Noida joins US-based Xperi to build 'Design in India’ products for HD Radio

New Delhi (IANS) The Centre of Excellence (CoE) Noida on Wednesday signed a memorandum of understanding (MoU) with US-based technology company Xperi Inc to build ‘Design in India’ products for HD Radio.

With this agreement, the CoE and Xperi…

Nifty down 232 points as volumes on NSE close to highest in recent times

Mumbai (IANS) Nifty opened lower with a gap on Wednesday and fell through the day to end lower for the second session, said Deepak Jasani, Head of Retail Research at HDFC Securities.

At close, Nifty was down 1.15 per cent or 231.9 points at…

Noise, Il Jin Electronics JV to boost manufacturing of smart wearables in India

New Delhi (IANS) Homegrown connected lifestyle brand Noise on Tuesday announced a joint venture with Il Jin Electronics, a subsidiary arm of Amber Enterprises India Ltd, to boost the manufacturing of smart wearables in the country.

Noise currently…

CDIL to add assembly lines, boost capacity by 100 mn units in India

New Delhi (IANS) Semiconductor chips and components manufacturer CDIL on Tuesday announced that it will be adding new semiconductor packaging lines in India.

This addition of semiconductor packaging lines by CDIL (Continental Device India Pvt.…

Jio Financial will emerge as a disruptive force but scale buildup will take time, says report

New Delhi (IANS) Jio Financial Services will emerge as a disruptive force in the financial space, but the scale buildup will take time, Elara Capital said in a research.

Jio Financial is a financial powerhouse in the making, operating fintech…

Small food manufacturers urges PM Modi to initiate investigation on WHO's report on food consumption trends in India

New Delhi (IANS) Indian Sellers Collective, an umbrella body of leading trade associations and sellers across the country, has come down heavily on a report by WHO which advocates restricting the growth of small independent retailers selling indigenous…

Govt announces family pension for LIC employees, hikes gratuity limit for agents

New Delhi (IANS) Government on Monday announced family pension at a uniform rate of 30 per cent for the welfare of the families of LIC employees.

It has also enhanced the gratuity limit from Rs 3 lakh to Rs 5 lakh for LIC agents.

Announcing…

Domestic markets give up momentum

New Delhi (IANS) The domestic markets relinquished their momentum as they anticipated a draft of policy rate decision due this week, said Vinod Nair, Head of Research at Geojit Financial Services.

While the Nifty 50 fell 59.05 points to end…