Julius Baer upgrades India, fastest growing major economy

New Delhi (IANS) Singapore-based fund house, Bank Julius Baer, has upgraded India to overweight as it will be the fastest growing major economy in 2021.

"We change our stance on India from market-weight to overweight and see 15% upside from…

PNB Housing Finance tie up with Yes Bank for co-lending

Mumbai (IANS) PNB Housing Finance and Yes Bank on Friday said that they have entered into a strategic co-lending agreement to offer retail loans to home-buyers at competitive interest rates.

A PNB Housing statement said that both the financial…

India now has over 700 commercial aircraft: DGCA

New Delhi (IANS) India's civil aviation sector, which was heavily battered by the Covid-19 pandemic, added over 20 aircraft during the year 2020.

The inductions are considered to be a sign of revival as well as airlines reposing their faith…

Wipro to buy UK firm Capco for $1.45 billion

Bengaluru (IANS) Global software major Wipro said on Thursday that it has signed an agreement to acquire the UK-based management and technology firm Capco for $1.45 billion (Rs 10,551 crore) to provide digital, Cloud and IT services to financial institutions…

Sensex up over 400 points; metal, banking stocks rise

Mumbai (IANS) The key Indian equity indices continued to rise on Wednesday morning with the BSE Sensex rising over 400 points.

Sensex surged around 479 points to touch an intraday high of 50,776.48 points.

Healthy buying was witnessed…

Sensex opens 400 points higher, reclaims 50,000

Mumbai (IANS) The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex surging over 400 points.

Sensex opened at 50,258.09, higher by 408.25 points from its previous close of 49,849.84 points.

Healthy buying…

Spectrum auction concludes with bids of Rs 77,810 cr

New Delhi (IANS) The spectrum auction 2021 concluded on Tuesday with the government receiving total bids worth Rs 77,814.80 crore.

"The value of spectrum for which there are winning bids is Rs 77,814.80 crore. Incremental bids for Rs 668.20…

Sensex up 800 points; auto, banking stocks rise

Mumbai (IANS) The Indian equity indices opened on a positive note on Monday with the BSE Sensex surging over 800 points.

Healthy buying was witnessed in auto, banking, finance and IT stocks.

Around 9.50 a.m., Sensex was trading at 49,886.82,…

Sensex closes 750 points up; auto, metal index surge

Mumbai (IANS) The key Indian equity indices soared on Monday with the BSE Sensex closing nearly 750 points higher.

Auto, metal and banking stocks surged during the day while IT stocks fell.

Sensex closed at 49,849.84, higher by 749.85…

FPIs invest Rs 25,787 Cr in Indian equities in Feb

New Delhi (IANS) As the Indian equities continued to scale new highs post the Union Budget for FY22, the net foreign portfolio investments (FPI) into the Indian equities in February was Rs 25,787 crore.

The total net FPIs in 2020 now stand…