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ByteDance in talks with Reliance Jio to sell its India biz: Report

ByteDance in talks with Reliance Jio to sell its India biz: Report

13-08-2020 comments

New Delhi (IANS) As ByteDance continues to struggle in the US, a new report claimed on Thursday that China-based company that owns the short-video making app TikTok may sell its India business to Reliance Jio amid uncertainties around its operations…

NITI Aayog selects Oracle Cloud to transform Aspirational Districts

NITI Aayog selects Oracle Cloud to transform Aspirational Districts

13-08-2020 comments

New Delhi (IANS) Niti Aayog on Thursday announced it has selected Oracle to help it modernise vital IT infrastructure in 112 most backward districts as part of its Aspirational Districts Programme.

These 112 districts constitute 28 per cent…

Markets open in red

Markets open in red

12-08-2020 comments

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.

The Sensex of the BSE opened at 38,321.13 points which was also the high point. The Sensex touched a low of…

Flurry of lockdowns interrupted recovery in July 2nd half: Bajaj Auto

Flurry of lockdowns interrupted recovery in July 2nd half: Bajaj Auto

12-08-2020 comments

New Delhi (IANS) The flurry of lockdowns across the country in many major cities and states interrupted the recovery in the second half of July, according to Rakesh Sharma, Executive Director, Bajaj Auto. "As a result the outcome in July was a bit…

Gold, silver prices now collapse after record run

Gold, silver prices now collapse after record run

12-08-2020 comments

Mumbai (IANS) Futures of gold and silver which were touching new highs every other day lately have started to falter in line with international markets and traders booking profits.

The fall in gold prices, which is considered as a safe haven…

Covid curbs may further push back auctions for commercial coal mines

Covid curbs may further push back auctions for commercial coal mines

11-08-2020 comments

New Delhi (IANS) The government may push back the bidding for commercial coal mines as the Covid-19 pandemic continues to restrict free movement while the investors want more time to place their technical bids based on site visits and evaluation.

Sensex up 300 points, Nifty above 11,300 mark

Sensex up 300 points, Nifty above 11,300 mark

10-08-2020 comments

Mumbai (IANS) The key Indian equity indices traded on a positive note on Monday morning with the BSE Sensex gaining over 300 points.

Healthy buying was witnessed in healthcare, capital goods, auto and banking stocks.

Around 10.15 a.m.,…

SpiceJet operates first long-haul wide-body charter flight to Canada

SpiceJet operates first long-haul wide-body charter flight to Canada

09-08-2020 comments

New Delhi (IANS) Airline major SpiceJet on Saturday became the first Indian budget carrier to operate a long-haul wide-body charter flight to North America.

The airline repatriated 352 Canadian nationals and permanent residency holders from…

Affle India reports 42% rise in Q1 consolidated net profit

Affle India reports 42% rise in Q1 consolidated net profit

09-08-2020 comments

New Delhi (IANS) Affle (India) Ltd has reported a 42.3 per cent rise in its consolidated net profit for the April-June quarter at Rs 18.77 crore. During the corresponding period of last fiscal, it had reported a net profit of Rs 13.19 crore.

It…

Kamath to head RBI panel; Diwakar, Manoharan, IBA CEO on board

Kamath to head RBI panel; Diwakar, Manoharan, IBA CEO on board

07-08-2020 comments

Mumbai (IANS) The Reserve Bank of India (RBI) on Friday announced the constitution of an expert committee led by KV Kamath to make recommendations on a special window for Covid-related stressed assets under the bank's 'Prudential Framework…

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