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Sensex up 300 points tracking gains on Asian indices

Sensex up 300 points tracking gains on Asian indices

29-04-2020 comments

Mumbai (IANS) The key Indian equity indices rose on Wednesday with the BSE Sensex rising over 300 points.

The rise in the domestic indices was in tandem with the gains in the Asian markets, analysts said.

Around 10.15 a.m., the Sensex…

No April, May pay for SpiceJet pilots, barring aviators of cargo ops

No April, May pay for SpiceJet pilots, barring aviators of cargo ops

29-04-2020 comments

New Delhi (IANS) Budget passenger carrier SpiceJet will not pay April and May salaries to its pilots, barring those who have been flying cargo flights.

In an email to the airline's pilots, Captain Gurcharan Arora, Chief of Flight Operations,…

Airtel signs Rs 7,636 crore deal with Nokia to get ready for 5G era

Airtel signs Rs 7,636 crore deal with Nokia to get ready for 5G era

28-04-2020 comments

Helsinki/New Delhi, April 28 (IANS) In a bid to strengthen its 4G network and enhance 5G capabilities in India, Bharti Airtel has inked a $1 billion (nearly Rs 7,636 crore), multi-year deal with Nokia to deploy the Finnish majors 5G-ready solutions…

Firms that can survive with social distancing to spring back faster

Firms that can survive with social distancing to spring back faster

27-04-2020 comments

New Delhi (IANS) The Covid-19 crisis will leave companies with a new normal and firms that can survive with social distancing, such as digital platforms, and online learning are likely to spring back to recovery and shall thrive soon, according to…

RBI writes off over Rs 68K cr. loans, Choksi among 50 top wilful defaulters: RTI

RBI writes off over Rs 68K cr. loans, Choksi among 50 top wilful defaulters: RTI

27-04-2020 comments

Mumbai (IANS) The Reserve Bank of India (RBI) has admitted to writing off a staggering amount of Rs 68,607-crores due from 50 Top Wilful Defaulters, including absconding diamantaire Mehul Choksi, according to a reply under RTI.

Prominent RTI…

Car companies go online to get back customers

Car companies go online to get back customers

27-04-2020 comments

New Delhi (IANS) Numerous automobile companies have come out with new online platforms to once again attract customers. The move is expected to drive sales going forward as customers might not be inclined to use the traditional sales channels due…

IRS officers suggest higher tax on rich, COVID-19 cess to boost revenue

IRS officers suggest higher tax on rich, COVID-19 cess to boost revenue

26-04-2020 comments

New Delhi (IANS) Increasing the tax rates on the rich, levying a COVID-19 cess, increasing the surcharge on MNCs are among the measures suggested by a group of Indian Revenue Service (IRS) officers to boost revenue mobilization as a response to the…

64% Indian consumers to prefer online shopping in next 6-9 months: Report

64% Indian consumers to prefer online shopping in next 6-9 months: Report

26-04-2020 comments

New Delhi (IANS) In view of the coronavirus pandemic and persistent concerns, the share of Indian consumers preferring online shopping over physical shops may rise to 64 per cent in the next 6-9 months, according to a survey by Capgemini Research…

IGIA's T3 to eventually open up for full fledged passenger ops; T-1 , T-2 may temporarily shut-down

IGIA's T3 to eventually open up for full fledged passenger ops; T-1 , T-2 may temporarily shut-down

25-04-2020 comments

New Delhi (IANS) As it awaits clear health safety guidelines from the Centre, the national capitals IGI Airport is preparing Terminal-3 to eventually open up for full fledged flight operations.

Accordingly, DIAL, which manages and operates…

Equity indices fall tracking Asian stocks, Sensex down 400 pts

Equity indices fall tracking Asian stocks, Sensex down 400 pts

24-04-2020 comments

Mumbai (IANS) The key Indian equity indices fell on Friday with the BSE Sensex falling over 400 points.

The decline in the domestic market was in line with the Asian stock markets, analyst said.

Around 10.05 a.m., Sensex was trading…

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