IT stocks surge as US judge blocks H-1B visa ban

Mumbai (IANS) IT stocks witnessed a rally on Monday on the back of a recent order by a US federal judge blocking the enforcement of a temporary visa ban by President Donald Trump's administration on several work permits, including the H-1B visa.

Intel expands 5G networking solutions in a $25bn market

New Delhi (IANS) Eyeing a bigger pie of the growing 5G networking market, chip giant Intel has announced an expanded lineup of hardware, software and solutions for network infrastructure.

As the telecommunications industry transitions to 5G,…

Royal Enfield sees steady demand recovery powered by Tier-II, III cities

New Delhi (IANS) Improved customer sentiment along with healthy demand from tier-II and III cities has lightened up the demand prospects for mid-size motorcycle major Royal Enfield.

The company has witnessed the 'green shoots' of accelerated…

Accounts not performing due to delay won't be labelled NPAs: Centre

New Delhi (IANS) The Centre has informed the Supreme Court that accounts becoming non-performing due to bank's or any other delay need not suffer the label of Non-Performing Assets (NPAs).

The Centre said concerns have also been expressed…

Higher demand accelerated Sep manufacturing growth: PMI

New Delhi (IANS) Higher demand accelerated India's manufacturing sector growth in September.

Additionally, the IHS Markit India Manufacturing Purchasing Managers' Index (PMI) report released on Thursday cited a renewed expansion in…

General Atlantic to invest Rs 3,675 cr in Reliance Retail ventures

Mumbai (IANS) Reliance Industries Limited on Wednesday announced that global growth equity firm General Atlantic will invest Rs 3,675 crore into its subsidiary Reliance Retail Ventures Limited to pick up 0.84 per cent equity stake in the company.

'Put RBI under Prompt Corrective Action for effective sectoral control'

Chennai (IANS) With bank after bank in private sector getting into problems, the latest being the Lakshmi Vilas Bank (LVB), the efficacy of Reserve Bank of India (RBI) as the sectoral regulator will soon be a question mark, said a top leader of a…

Steel industry writes to PMO as iron ore exports to China surge during Covid

New Delhi (IANS) India's steel industry is seeking a ban on exports of iron ore and has petitioned the Prime Minister's Office (PMO) in this regard.

Government data show that from April to August this year, India's iron ore production…

Bounce back: Mother Dairy sees revival, plans more health-based products

New Delhi (IANS) Diversified FMCG major Mother Dairy foresees business revival as the demand contraction triggered due to Covid-19 pandemic weans-off.

Talking to IANS, Mother Dairy Fruit & Vegetable's Managing Director Sangram Chaudhary…

All assets and liabilities only in India, nothing overseas, fully disclosed

New Delhi (IANS) Anil Ambani has made full and fair disclosure of all his assets and liabilities in proceedings as required in a UK Court, and he has reaffirmed that he personally holds no assets outside India.

The matter pertains to an alleged…