Business
CAIT urges FM to defer implementation of 'Rule 86-B' in GST

CAIT urges FM to defer implementation of 'Rule 86-B' in GST

26-12-2020  comments

New Delhi (IANS) Traders' body Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to defer the implementation of 'Rule 86-B' in GST, scheduled to be implemented from January 1, 2021.

In a letter…

ICICI Bank unleashes tech-enabled products to enhance retail portfolio

ICICI Bank unleashes tech-enabled products to enhance retail portfolio

25-12-2020  comments

New Delhi (IANS) To buck the Covid induced downtrend, lending major ICICI Bank plans to pursue the technology route to expand its retail presence.

Accordingly, the lender has introduced a slew of technology based products for customers, especially…

Myntra sells 1.1 crore items to 32 lakh customers in 5 days

Myntra sells 1.1 crore items to 32 lakh customers in 5 days

25-12-2020  comments

Bengaluru (IANS) Fashion ecommerce platform Myntra on Friday said it sold 1.1 crore items to more than 32 lakh customers during its 13th, five-day End of Reason Sale that ended on December 24.

Also catering to more than 50 lakh orders, the…

Indian economy reviving at unforeseen pace: RBI

Indian economy reviving at unforeseen pace: RBI

24-12-2020  comments

New Delhi (IANS) As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India has said that the Indian economy is reflating at a pace higher than most predictions.

The monthly bulletin of the…

Markets rise on global cues, lower level buying, banking stocks rise

Markets rise on global cues, lower level buying, banking stocks rise

24-12-2020  comments

Mumbai (IANS) Lower level buying after a short-lived intra-day correction pushed the Indian equity market higher during the late-afternoon trade session on Thursday.

Accordingly, the Indian stock market opened with a 'gap up', however…

Wipro to takeover IT operations of German firm in $700m deal

Wipro to takeover IT operations of German firm in $700m deal

23-12-2020  comments

Bengaluru (IANS) Global software major Wipro on Tuesday announced that its is taking over the IT operations of German food services firm Metro AG in a $700 million (Rs 5,171 crore) deal.

"As a part of the transaction, Wipro will take over the…

Emami manufacturing units for Zandu brands get WHO-GMP quality certification

Emami manufacturing units for Zandu brands get WHO-GMP quality certification

23-12-2020  comments

New Delhi/Kolkata (IANS) Two plants of Emami Limited, located at Vapi and Masat in Gujarat, producing range of its healthcare portfolio products under the brand name of Zandu, have been accredited with WHO-GMP and Certificate of Pharmaceutical Products…

Honda 2Wheelers sees sustained demand, hopeful of robust 2021

Honda 2Wheelers sees sustained demand, hopeful of robust 2021

23-12-2020  comments

New Delhi (IANS) Two-wheeler manufacturer Honda Motorcycle & Scooter India is hopeful of a demand recovery in 2021, on the back of lower industry base, new launches and a differentiated customer experience centres.

Accordingly, the company…

Economic recovery progressing towards Q4 level of FY20: PHD Chamber

Economic recovery progressing towards Q4 level of FY20: PHD Chamber

22-12-2020  comments

New Delhi (IANS) The continuous improvement in the key economic and business indicators signals that the worst is behind us and expectations of a positive GDP growth at 0.1 per cent to 2 per cent in Q3 and 2 per cent to 4 per cent in Q4 FY 2020-21…

Majority of Indians plan to purchase property in 2021: Report

Majority of Indians plan to purchase property in 2021: Report

22-12-2020  comments

New Delhi (IANS) Around 82 per cent of the people across the major cities plan to buy a residential property in 2021, according to a report by NoBroker.com.

The purchase sentiment among the people last year was 64 per cent. The report titled…

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