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

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

01-06-2020  comments

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…

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

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

01-06-2020  comments

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…

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

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

31-05-2020  comments

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…

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

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

29-05-2020  comments

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…

Equity indices in red ahead of Q4 GDP numbers

Equity indices in red ahead of Q4 GDP numbers

29-05-2020  comments

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…

Sensex up 400 points, Nifty above 9,400

Sensex up 400 points, Nifty above 9,400

28-05-2020  comments

Mumbai (IANS) The key Indian equity indices surged on Thursday with the BSE Sensex rising over 400 points and the Nifty50 on the National Stock Exchange trading above the 9,400 mark.

Healthy buying in banking, finance and capital goods indices…

India's worst recession is here

India's worst recession is here

27-05-2020  comments

New Delhi, May 27 (IANS) Indias fourth recession since Independence, first since liberalisation, and perhaps the worst to date is here, according to rating agency, Crisil.

CRISIL sees the Indian economy shrinking 5 per cent in fiscal 2021…

Zoom hires VMware veteran Sankarlingam as product, engineering head

Zoom hires VMware veteran Sankarlingam as product, engineering head

27-05-2020  comments

New Delhi, May 27 (IANS) Video meet app Zoom on Wednesday announced it has hired enterprise softare major VMware veteran Velchamy Sankarlingam as President of Engineering and Product.

Reporting directly to Zoom CEO Eric S. Yuan, Sankarlingam…

CAI raises cotton export estimates on weak domestic currency

CAI raises cotton export estimates on weak domestic currency

26-05-2020  comments

New Delhi (IANS) The Cotton Association of India (CAI) has increased its estimates of cotton export from 42 lakh bales to 47 lakh bales in the current cotton season 2019-20 (October-September) as weakness in the domestic currency may boost export…

Domestic passenger traffic might bounce back in next 6 months: DIAL CEO

Domestic passenger traffic might bounce back in next 6 months: DIAL CEO

25-05-2020  comments

New Delhi (IANS) Inspite of several challenges posed by Covid-19, the top executive of national capital's IGI Airport estimates that domestic passenger traffic will bounce back in another 6 to 8 months.

The Delhi International Airport Ltd…

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