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Equity indices in green, Nifty above 10,800

Equity indices in green, Nifty above 10,800

17-07-2020  comments

Mumbai (IANS) The key Indian equity indices traded on a positive note on Friday morning with the Nifty50 on the National Stock Exchange trading above the 10,800 mark.

Healthy buying was witnessed in metal, oil and gas, auto and finance stocks.

Amid Covid, NPS's corporate subscriber base up 30% in Q1

Amid Covid, NPS's corporate subscriber base up 30% in Q1

17-07-2020  comments

New Delhi (IANS) Despite the Covid-19 induced economic turbulence, the government-backed National Pension System's corporate subscriber base has registered a growth of 30 per cent during Q1FY21.

The figures shows an addition of 1.03 lakh…

IT stocks lift equity indices, Infosys surges 14%

IT stocks lift equity indices, Infosys surges 14%

16-07-2020  comments

Mumbai (IANS) The key Indian equity indices traded on a positive note on Thursday morning supported by healthy buying in IT stocks.

Shares of Infosys rose nearly 14 per cent on the BSE to touch a 52-week high of Rs 947.85 per share. At 10.25…

Global oil giants show interest in BPCL as bidding deadline nears

Global oil giants show interest in BPCL as bidding deadline nears

16-07-2020  comments

New Delhi (IANS) As the deadline for submitting the Expressions of Interest (EoI) for 52.98 per cent stake in the Bharat Petroleum Corporation Ltd (BPCL) nears, big names in the global oil market are showing interest in picking up the majority stake…

Maruti Suzuki to recall 134,885 units of WagonR, Baleno

Maruti Suzuki to recall 134,885 units of WagonR, Baleno

15-07-2020  comments

New Delhi (IANS) Automobile major Maruti Suzuki India will recall a total of 134,885 vehicles of hatchback WagonR and sedan Baleno for a possible fuel pump issue.

"Maruti Suzuki India Limited today proactively announced to voluntarily undertake…

RIL-Aramco deal on track, Ambani says committed to partnership

RIL-Aramco deal on track, Ambani says committed to partnership

15-07-2020  comments

Delhi (IANS) The blockbuster deal involving the world's largest oil producer -- Aramco picking up a minority stake in refinery business of India's largest corporate house -- Reliance Industries (RIL), is on track as the two sides remain committed…

Google to invest Rs 33,737cr in Jio Platforms for 7.73% stake

Google to invest Rs 33,737cr in Jio Platforms for 7.73% stake

15-07-2020  comments

Mumbai (IANS) In a mega investment announcement, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday said that Google will invest Rs 33,737 crore in Jio Platforms for an equity stake of 7.73 per cent.

Google is investing at an equity…

SBI to focus on cost reduction, workforce reskilling

SBI to focus on cost reduction, workforce reskilling

14-07-2020  comments

New Delhi (IANS) State Bank of India (SBI) Chairman Rajnish Kumar on Tuesday said that the bank will focus on cost reduction, rationalisation, and reskilling of its workforce.

Speaking at the 65th Annual General Meeting (AGM), Kumar said: "The…

RIL's m-cap hits Rs 12 lakh cr, shares at fresh high

RIL's m-cap hits Rs 12 lakh cr, shares at fresh high

13-07-2020  comments

Mumbai (IANS) Reliance Industries (RIL) on Monday became the first Indian company to reach market capitalisation of Rs 12 lakh crore, with shares reaching a fresh high of Rs 1,938.80.

Around 10 a.m., RIL's market capitalisation was at over…

Google to pump in Rs 75,000cr to help India go digital

Google to pump in Rs 75,000cr to help India go digital

13-07-2020  comments

New Delhi (IANS) Google and Alphabet CEO Sundar Pichai on Monday announced a Google for India Digitisation Fund through which the company will invest Rs 75,000 crore, or approximately $10 billion, over the next five to seven years to drive digital…

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