'Nestle India does not expect financial challenges amid COVID-19'

New Delhi (IANS) Food and beverage major Nestle on Thursday said that it does not foresee challenges regarding financial resources in view of the coronavirus pandemic.

In a regulatory filing, the company said that it has a strong cash position…

Demand has been rising for last three weeks: Bata India CEO

New Delhi (IANS) In an interview with IANS, Sandeep Kataria, CEO, Bata India said that the demand has been rising for the last three weeks and the trend is expected to continue as consumers start feeling more confident. "We are expecting a revival…

Sensex up 370 points, Nifty above 10,000-mark

Mumbai (IANS) Indian stock market continued its rally on Wednesday with the BSE Sensex rising over 300 points and the Nifty50 on the National Stock Exchange trading above the 10,000-points mark.

Strong cues from the Asian markets and healthy…

Revised definition will give MSMEs confidence to grow: CITI Chairman

New Delhi (IANS) The revised definition will give micro, small and medium Enterprises (MSMEs) confidence to grow and will promote their expansion, Confederation of Indian Textile Industry (CITI) Chairman T. Rajkumary said on Monday.

The industry…

Dabur well placed to tap in post-Covid market: Mohit Malhotra

New Delhi (IANS) Dabur India CEO Mohit Malhotra says as the world prepares for life after COVID-19, economies across the globe are more likely to look inwards. The same will be true for India with 'Made in India' being a key factor that is…

Sensex jumps 1,100 points, Nifty above 9,900

Mumbai (IANS) The Indian stock market surged on Monday with the BSE Sensex gaining over 1,100 points, tracking positive cues from its Asian peers.

The Nifty50 on the National Stock Exchange (NSE) was trading above the psychological level of…

Paytm Mall moves ops from Noida to Bengaluru, to hire 300

Noida (IANS) E-commerce platform Paytm Mall, owned by Paytm Ecommerce Private Ltd, on Monday announced to move its operations from Noida to Bengaluru and hire over 300 new members for product and technology roles.

The company also appointed…

Madhu Kapur & family will no more be promoters of Yes Bank

New Delhi (IANS) In a major development for Yes Bank, which has of late been through tumultuous times, co-founder Ashok Kapurs wife, Madhu Kapur and her family Shagun Kapur Gogia and Gaurav Ashok Kapur along with a Madhu Kapur Group entity Mags Finvest…

Equity indices in red ahead of Q4 GDP numbers

Mumbai (IANS) The key Indian equity indices traded on a negative note on Friday morning, ahead of the release of GDP data for the January-March quarter.

Decline in the Asian markets also reflected in the domestic indices, analysts said. The…

Schwing Stetter to move some European production lines to India: MD

Chennai (IANS) The year 2022 is expected to be a booming year for construction and earthmoving equipment in India, a top official of Schwing Stetter India said in an interview with IANS.

"Though the year 2020 started well, the Covid-19 pandemic…