Business
Centre allows on-board meals, in-flight entertainment

Centre allows on-board meals, in-flight entertainment

28-08-2020  comments

New Delhi (IANS) The Union Government has permitted the resumption of on-board serving of meals and in-flight entertainment on domestic and international flights.

In an order, the Centre has said that airlines may serve pre-packed snacks and…

'Rise in govt debt to impact public spending in coming decade'

'Rise in govt debt to impact public spending in coming decade'

27-08-2020  comments

New Delhi (IANS) India's general government debt is likely to remain high in the years to come and will significantly impact the government's ability to spend in the upcoming decade, according to a report by Motilal Oswal Financial Services.

HAL shares plunge 12% as Centre proposes stake sale

HAL shares plunge 12% as Centre proposes stake sale

27-08-2020  comments

Mumbai (IANS) A day after Hindustan Aeronautics said that the government has proposed to as much as sell 15 per cent stake in the company, its shares plunged over 12 per cent on Thursday.

At 10.53 a.m., shares of HAL were trading at Rs 1030.20,…

Markets open on positive note

Markets open on positive note

26-08-2020  comments

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.

The Sensex of the BSE opened at 38,930.18 points and touched a high of 38,930.60 points. The Sensex touched a low of 38,846.76 points.

On Tuesday…

GST Council meet on Thursday, to mull Centre's compensation default

GST Council meet on Thursday, to mull Centre's compensation default

26-08-2020  comments

New Delhi (IANS) The GST Council will meet here on Thursday to take up the single-point agenda of GST compensation to states affected by delays in the release by the Centre, a government official privy to meeting agenda said.

The meeting was…

PhonePe becomes India's fastest growing insure-tech distributor

PhonePe becomes India's fastest growing insure-tech distributor

25-08-2020  comments

New Delhi (IANS) Digital payments platform PhonePe which is focusing on financial services for driving growth said on Tuesday that it has emerged as the fastest growing insure-tech distributor in India.

In the last four months alone, PhonePe…

'Be Indian, Buy Indian' will help revive local consumption: Gautam Singhania

'Be Indian, Buy Indian' will help revive local consumption: Gautam Singhania

25-08-2020  comments

New Delhi (IANS) "I strongly believe in Be Indian and Buy Indian, and I think each one should make a conscious decision to buy products made in our country," said Gautam Hari Singhania, Chairman and Managing Director, Raymond Limited, Indias largest…

Sensex up over 200 points, Nifty above 11,400

Sensex up over 200 points, Nifty above 11,400

24-08-2020  comments

Mumbai (IANS) The key Indian equity indices traded on a positive note on Monday morning with the BSE Sensex gaining over 200 points.

Positive trends in the Asian markets supported the Indian indices. Healthy buying was witnessed in banking,…

New IBM India platform empowering banks to brave Cloud journey

New IBM India platform empowering banks to brave Cloud journey

23-08-2020  comments

New Delhi (IANS) For those financial institutions including banks in the country that are still hesitant to embark on a Cloud journey for complete digital transformation due to genuine apprehensions emanating from safety and regulatory concerns, there…

ICICI Lombard General to buy Bharti Axa's non-life business

ICICI Lombard General to buy Bharti Axa's non-life business

22-08-2020  comments

Chennai (IANS) Non-life insurer ICICI Lombard General Insurance Company will acquire the business of Bharti Axa General Insurance Company Ltd. in a share swap deal.

In a regulatory filing late Friday, ICICI Lombard said the boards of the two…

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