Business
Momentum with markets: Expect further upmove

Momentum with markets: Expect further upmove

29-05-2022  comments

Markets continued their choppy and volatile manner during the week gone by. The end result was quite straight forward with the first three days of trading resulting in losses and the remaining two days seeing the market record gains. In reality it…

DGCA imposes Rs 5 lakh fine on IndiGo for denying boarding to special child

DGCA imposes Rs 5 lakh fine on IndiGo for denying boarding to special child

28-05-2022  comments

New Delhi (IANS) Civil aviation watchdog, the Directorate General of Civil Aviation (DGCA) on Saturday imposed a fine of Rs 5 lakh on low-cost carrier IndiGo for denying boarding to a specially-abled child at Ranchi airport on May 7.

The Hyderabad-bound…

Indices surge in opening deals on global cues, Sensex up over 300 pts

Indices surge in opening deals on global cues, Sensex up over 300 pts

27-05-2022  comments

New Delhi (IANS) Domestic equity benchmark indices extended their gains from the previous session and traded in the green during trade on Friday amid firm global cues.

Indian markets opened higher in line with Asian markets and sharply positive…

Reliance subsidiary SankhyaSutra unveils 'make in India' software at Drone fest

Reliance subsidiary SankhyaSutra unveils 'make in India' software at Drone fest

27-05-2022  comments

New Delhi (IANS) Bengaluru-based subsidiary of Jio Platforms, SankhyaSutra Labs, which makes high-fidelity multi-physics and aerodynamics simulation software, on Friday showcased its products and solutions at the 'Drone Festival of India 2022'.

Huawei CEO India approaches Delhi HC challenging LOC against him

Huawei CEO India approaches Delhi HC challenging LOC against him

26-05-2022  comments

New Delhi (IANS) Huawei Telecommunications India Chief Executive Officer Xiongwei (David) Li has approached the Delhi High Court seeking quashing of a Look Out Circular (LOC) against him which restrained the Chinese national from leaving the country.

Bad news for vehicle owners as third party premium hiked from June 1

Bad news for vehicle owners as third party premium hiked from June 1

26-05-2022  comments

Chennai (IANS) Some bad news for the vehicle owners already affected by the accelerating fuel price increase.

From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite…

Lenovo India logs $2.2 bn in sales with 38% YoY growth

Lenovo India logs $2.2 bn in sales with 38% YoY growth

26-05-2022  comments

New Delhi (IANS) Global technology brand Lenovo Group on Thursday reported record fiscal year results, with historic highs on both profit and revenue fronts, as its India business reached record high.

The total revenue for all Lenovo businesses…

Centre allows duty-free imports of 20 lakh tonne crude soy, sunflower oil each

Centre allows duty-free imports of 20 lakh tonne crude soy, sunflower oil each

25-05-2022  comments

New Delhi (IANS) The Centre has allowed import of a quantity of 20 lakh tonne, each of crude soyabean oil and crude sunflower oil per year, for a period of two years at zero customs duty and Agricultural Infrastructure and Development Cess, an official…

Centre puts limit on sugar exports

Centre puts limit on sugar exports

25-05-2022  comments

New Delhi (IANS) The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.

The latest move comes days after banning the export of wheat in order to control rising inflation and to…

Third straight day losses for domestic indices, Sensex declines 303 pts

Third straight day losses for domestic indices, Sensex declines 303 pts

25-05-2022  comments

New Delhi (IANS) Extending their losses for the third straight day, domestic equity benchmark indices settled in the red on Wednesday.

Indian indices opened higher on Wednesday but afterwards turned negative later in the day.

Sensex…

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