Toy industry wants govt to extend time for BIS certification

Chennai (IANS) Buoyed by Prime Minister Narendra Modi speaking about their sector, officials of the Indian toy industry are asking the government to give some more time to get the certification from the Bureau of Indian Standards (BIS).

"For…

E-commerce enabler Bikayi raises Rs 15 cr from global investors

New Delhi (IANS) Y Combinator-backed e-commerce enabler Bikayi on Monday said it has raised a seed round of $2 million (around Rs 15 crore) from a clutch of international investors including Mantis ventures, a venture capital fund promoted by the…

Small cap stocks outperform benchmark indices on first-time investors' fancy

New Delhi (IANS) First-time investors, who became stock market participants during the Covid-19 pandemic, are seen to behind a strong rally in the hitherto overlooked small cap stocks.

Small cap indices of both the BSE and the NSE have clearly…

GAIL to look for growth in petrochemicals, renewable

New Delhi (IANS) State-run GAIL (India) Ltd will look for growth in areas including petrochemicals, renewables among others, said the company's CMD Manoj Jain.

The CMD's message to the shareholders in the company's annual report…

FM to review implementation of resolution framework for Covid-related stress

New Delhi (IANS) Finance Minister Nirmala Sitharaman will review the implementation of resolution framework for Covid-related stress in bank loans, with the top management of scheduled commercial banks and non-banking financial companies (NBFC) on…

Bucking Covid blues: Hyundai expects to cross yearly domestic growth threshold

New Delhi (IANS) Healthy off-take in the up-country market segment a long with robust response for new offerings has reinforced India's image as one of the most attractive markets for automobile major Hyundai.

Accordingly, the company expects…

Centre allows on-board meals, in-flight entertainment

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…

Sensex up 250 points; banking, finance stocks surge

Mumbai (IANS) The key Indian equity indices traded on a positive note on Friday morning with the BSE Sensex rising over 250 points.

Healthy buying was witnessed in banking and finance stocks.

At 10.52 a.m., the Sensex was trading at…

HAL shares plunge 12% as Centre proposes stake sale

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,…

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

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.