Study on for 4,000 km of new freight corridors: Railways

New Delhi (IANS) The Indian Railways is carrying out a detailed study on the nearly 4,000 km-long new dedicated freight corridors connecting industrial areas in the eastern and western parts of the country to major ports in Odisha and Andhra Pradesh,…

Markets open on a positive note

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

The Sensex of the BSE opened at 38,727.89 points and touched a high of 38,788.51 points.

On Tuesday the Sensex closed at 38,528.32 points.

US stocks end mixed amid economic data

New York (IANS) Wall Street's major averages finished mixed as investors pored through a slew of economic data.

The Dow Jones Industrial Average on Monday sank 86.11 points, or 0.31 per cent, to 27,844.91. The S&P 500 rose 9.14 points,…

IIT Patna, Flipkart partner for joint research in AI and ML

Bengaluru (IANS) E-commerce platform Flipkart on Tuesday announced a MoU with the Indian Institute of Technology (IIT) Patna to help create industry-focused applied research in the areas of artificial intelligence (AI), natural language processing…

Mukesh Ambani in talks to buy several retail ecommerce firms

New Delhi (IANS) Mukesh Ambani is looking to expand his retail footprint by acquiring several ecommerce players.

This is being seen as a precursor to the ongoing battle with Amazon for India's hot ecommerce retail market.

Mukesh…

Chinese central bank investment in ICICI Bank raises eyebrows

New Delhi (IANS) After the disclosure of a holding in HDFC, the Chinese central bank Peoples Bank of China has now acquired an equity stake in ICICI Bank.

The government had in April notified new norms for FDI investments by neighbouring countries…

China has designed a strategy to intrude into Indian banking sector: CAIT

New Delhi (IANS) The Confederation of All India Traders (CAIT) has strongly criticized ICICI Bank for allowing Peoples Bank of China to invest in the bank despite strong sentiments prevailing in the country against China and its anti-India policies.

Petrol prices now on the run while diesel remains steady

New Delhi (IANS) After a long pause, it's now the turn of petrol to face a regular increase in retail prices while diesel prices are remaining steady.

In the national capital, petrol prices rose for the second consecutive day by 16 paise…

97 percent of Income Tax work force feeling left out

New Delhi (IANS) The employee associations of Income Tax have said that the restructuring carried out in the Department to implement the Faceless Assessment Scheme is making 97 percent of the workforce feeling left out.

The Joint Council of…

IT services, RIL among beneficiaries as digital dominates India Inc's commentary

New Delhi (IANS) IT services companies, automation firms and new economy plays like Reliance Industries Limited (RIL) will be the key beneficiaries of India Incs renewed digital push.

According to a research report by foreign brokerage Bernstein,…