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Wipro, SAP collaborate to help organisations boost productivity

Wipro, SAP collaborate to help organisations boost productivity

22-10-2020  comments

Bengaluru (IANS) Wipro on Thursday announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

The collaboration will deliver…

Equity indices in red, healthcare stocks plunge

Equity indices in red, healthcare stocks plunge

22-10-2020  comments

Mumbai (IANS) The key Indian equity indices traded in the red on Thursday morning with the BSE Sensex trading over 130 points lower.

Heavy selling pressure was witnessed in the healthcare stocks. Auto and banking stocks also were largely on…

Sensex above 40,900; banking, finance stocks rise

Sensex above 40,900; banking, finance stocks rise

21-10-2020  comments

Mumbai (IANS) The key Indian equity indices gained on Wednesday morning with the BSE Sensex trading above 40,900 mark.

Healthy buying was witnessed in banking and finance stocks.

At 10.42 a.m., Sensex was trading at 40,909.76, higher…

Khadi launches footwear range, eyes Rs 1,000 cr share in market

Khadi launches footwear range, eyes Rs 1,000 cr share in market

21-10-2020  comments

New Delhi (IANS) Eyeing on the Rs 50,000 crore footwear market in India, Khadi Village Industries Corporation (KVIC) on Wednesday launched a range of footwear for men and women made of Khadi fabric and said that it plans to tap the Rs 1,000 crore…

Kirloskar Brothers promoters, directors found guilty of insider trading

Kirloskar Brothers promoters, directors found guilty of insider trading

21-10-2020  comments

Mumbai (IANS) The Securities and Exchange Board of India (SEBI) has found that the promoters and directors of Kirloskar Brothers Ltd (KBL) had violated norms on prohibition of insider trading as they traded in the scrip of KBL while in possession…

Railways approve JSPL produced rails for high-speed corridors

Railways approve JSPL produced rails for high-speed corridors

20-10-2020  comments

New Delhi (IANS) Indian Railways will get almost its entire requirement of speciality grade rails for the proposed high speed corridors from the domestic market.

Domestic steel maker JSPL has successfully developed 60E1 1175 Heat Treated (HT)…

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

Jeff Bezos vs Mukesh Ambani: Battle royale for India's retail crown

20-10-2020  comments

New Delhi (IANS) The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore.

Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before…

Adani, Piramal among bidders for bankrupt DHFL

Adani, Piramal among bidders for bankrupt DHFL

19-10-2020  comments

Mumbai (IANS) Adani Group, Piramal Enterprises, US-based Oaktree and Hong Kong-headquartered SC Lowy have submitted their bids for the insolvent Dewan Housing Finance Corporation Ltd (DHFL), sources said.

The deadline to submit bids for DHFL…

NCLT approves JSW Steel arm's bid for Asian Colour Coated Ispat

NCLT approves JSW Steel arm's bid for Asian Colour Coated Ispat

19-10-2020  comments

New Delhi (IANS) The National Company Law Tribunal (NCLT) has approved the resolution plan of JSW Steel Coated Products Limited, a subsidiary of JSW Steel Ltd for acquiring the bankrupt Asian Colour Coated Ispat Limited (ACCIL).

In a regulatory…

NPAs impact banks' rate cut transmission, loan growth: Study

NPAs impact banks' rate cut transmission, loan growth: Study

18-10-2020  comments

New Delhi (IANS) Non-performing assets (NPA) of a bank weakens the monetary policy transmission and loan growth rate, said a recent working paper prepared by the staff members of the Reserve Bank of India (RBI).

The paper titled, 'Bank…

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