Economy News

India

PNB Housing Finance, Yes Bank enter strategic co-lending pact for customized retail home loans

India

Wipro to buy Capco for $1.45 bn; biggest buyout to become ‘bolder’ company

India

Razorpay announces ESOP buyback worth $10 million for 750 employees

India

ED probes Franklin Templeton, its officials for money laundering

India

Just 1 % of Fortune 500 companies led by Black chief executives: World Economic Forum

India

Electronic goods exports soar to Rs 8,806 cr in Dec 2020

India

Shipping Corp shares surge as government gets multiple bids for stake sale

India

Volvo To Make Only Electric Vehicles By 2030

India

RBI gives 3-month extension to Rupee Co-operative Bank Ltd

India

RBI sees Central Bank Digital Currency as a mixed blessing

India

Non-food credit grows 5.7% in January: RBI data

India

Bank Credit growth improves to 6.2% YoY in December quarter: RBI

India

Airtel enters advertising business with Airtel Ads

India

Punjab & Sind Bank shares nearly hit upper circuit

India

Global PayEX aims raising Series A funding in 2021

India

Adani Enterprises, EdgeConneX form JV to develop data centers in India

India

Nifty earnings may grow at 24% CAGR during FY21-23: Report

India

CAIT writes to PM about GST issues, alleged violation of e-commerce rules by e-tailers

India

Jubilant Foodworks Netherlands to buy stakes in Fides Food Systems

India

IKEA gets about 50,000 sqm land for facility in Noida; UP govt gets Rs 850 cr

India

RBI caps withdrawal limit at Rs 1,000 for Deccan Urban Co-op Bank customers for next 6 months

India

GST compensation shortfall released to states touches Rs 1L Cr

India

Shiprocket raises Rs 200 crore in Series C3 funding

India

Organised B&M retail’s revenue could grow 23-25% next fiscal: Crisil

India

RailTel IPO received bids for 16.13 crore shares on opening day

India

RBI issues draft guidelines on credit default swaps

India

Recovering petroleum demand to support OMCs profitability: Fitch

India

Capex utilisation in DFC increased by 21%: Railways

India

POWERGRID’s nine-month FY21 net profit rises 10 % to Rs 8,420 crore

India

Upcoming spectrum auction may see lower competition among telcos: Motilal Oswal

India

Centre to infuse Rs 3,000 cr in PSU general insurers in Q4 FY21

India

Indian Angel Network plans to invest over Rs 100 cr in start-ups in 2021

India

Diesel price rise highest in Delhi by 36 paise/litre

India

Budget set pace for self-reliant India: Sitharaman in LS

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India’s Budget points to a loosening of fiscal policy: Fitch Ratings

India

Fintech platform BharatPe raises $108 million in Series D equity round

India

Magma Fincorp shares soar 10% to hit 52-week high as Poonawalla Group to acquire 60% stake

India

India’s e-commerce in Q4 2020 grows by 36%: Report

India

SBI Fund Management seeks shield from liability in FTMF fund disbursement

India

Bitcoin price soars over 22% to $47,787 after Tesla investment

India

Moody’s changes India’s power sector outlook from negative to stable

India

Govt made Budget transparent, nothing under wraps: FM

India

Govt’s disinvestment policy not akin to ‘selling family silver’: FM

India

ITC sets up ‘Young Digital Natives’ Innovators Lab’

India

Shipping Corp’s December quarter profit drops 55% to Rs 132 crore

India

After 2-day spike, Petrol & diesel prices remain unchanged

India

Airbus, GMR Group sign MoU to collaborate on aviation services

India

SEBI ban on Kishore Biyani, others won’t impact deal with Reliance: Future Retail

India

Gautam Kaushik appointed as BharatPe’s 2nd Group President

India

Ultratech Cement board approves up to Rs 3,000 crore fund raising plans

India

CAIT objects to MoU between Karnataka govt and Amazon

India

FM tables Economic Survey 2020-21 in Lok Sabha

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Equity benchmarks volatile ahead of Economic Survey

India

Amazon to help Karnataka MSMEs to spur exports

India

4 bidders in race to acquire Reliance Home Finance

India

RBI issues stricter framework for banks to strengthen grievance redress mechanism

India

Canara Bank posts consolidated net profit at Rs 739.20 crore in Q3

India

E-commerce will play important role in Atmanirbhar Bharat vision: Amazon India head

India

HUL’s Q3 net profit rise to Rs 1,938 crore; sales up by 20%

India

TCS’ brand value jumped by $1.4 billion in 2020

India

RIL, Future Retail shares plunge after Amazon seeks detention of Biyani and his group’s founders

India

Petrol prices, Diesel prices, crude oil, Saudi Arabia, Brent, WTI

India

Global LNG demand will be driven by Asia-Pacific: ICRA

India

Adani Ports and SEZ signs MoU with Gujarat govt fo air cargo complex, multi-modal logistics park

India

Economic recovery in 2021 to see high-level uncertainty: Lagarde

India

Kia Motors India sold 1 lakh units since July

India

Aadhar Housing Finance files Rs 7,300-cr IPO papers with Sebi

India

TCS regains country’s most valued firm title

India

Plastic park to come up in UP’s Gorakhpur

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Financial health of Indian telcos to impact 5G launch: CCI Report

India

Petrol, diesel prices remain unchanged at record high levels

India

SHRM HR Excellence Award for POWERGRID

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India’s hotel bookings recover with news of vaccine, record 15% higher bookings YoY in December

India

Azim Premji University, FICCI and TISS forms policy proposal for employment generation for MSMEs

India

Petrol, diesel prices maintain upward trend to hit all-time highs

India

Stove Kraft mobilises over Rs 185 cr from anchor investors ahead of IPO

India

Reliance Home Finance’s quarterly loss widens to Rs 340 crore

India

Tata Motors launches hatchback Altroz’s i-Turbo variant

India

HDFC Bank submits detailed plan to fix outage issue to RBI

India

Biocon’s net profit falls 19% in December quarter

India

Bandhan Bank’s profit falls 14% in December quarter

India

Havells Indias shares rise nearly 11% on strong Q3 earnings

India

HDFC to disinvest 24.48% stake in Good Host

India

Share price of RIL, Future Retail soar after Sebi clears their deal

India

Indian insurers to withstand pandemic-led downturn: Moody’s

India

Bull Run: Sensex mounts 50K, global cues power ascent

India

Markets end higher on back of strong IT, energy stocks

India

Govt may tweak FDI norms in e-commerce sector

India

Sensex rallies over 665 points in afternoon trade; Nifty tops 14,476.00

India

Hero Motors acquires stake in Hewland Engineering

India

Franklin Templeton gets unit holders’ nod for closure of 6 debt schemes

India

L&T bags up to Rs 5,000 cr order from Rail Vikas Nigam in Uttarakhand

India

Sensex, Nifty slips in early trade; HDFC top gainer

India

Franklin Templeton MF’s 6 shut schemes receive Rs 13,789 crore since closure

India

RFC IPO to open on Monday in Rs 25-26 per share price band

India

Bharti-led OneWeb gets investment from SoftBank, Hughes Network

India

NCLT admits petition alleging mismanagement, fraud by Omaxe

India

SAIL OFS oversubscribed by over 4 times on first day

India

Royal Enfield Interceptor 650cc gets CEAT tyres

India

Passenger vehicle sales rise 13.6% in December

India

Indigo Paints Rs 1,000 crore IPO to open on January 20

India

India’s wholesale inflation eases to 1.22% in December

India

Rakesh Jhunjhunwala lowers stake in Titan Company

India

Automobili Lamborghini sold 7,430 cars in 2020

India

POWERGRID bags SKOCH Silver Award

India

Tesla enters in Indian market, names 3 directors ahead of launch

India

RBI imposes Rs 2 cr fine on Deutsche Bank AG

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Petrol, diesel price surge continues on fall in US oil inventory

India

CCI approves acquisition of stake in Ecom by PG Esmeralda

India

Govt squashes demand for further extension of filing IT return

India

RPP Infra Projects’ RPP-RK bags order worth Rs 232 crore

India

Amazon asks SEBI, stock exchanges not to grant no-objection to Future Retail deal

India

Apple made $64 bn from App Store in Covid-hit 2020: Report

India

TCS shares gain over 3 pc; m-cap rises past Rs 12 lakh cr

India

Bharti Airtel picks Pradipt Kapoor as new Chief Information Officer

India

SpiceJet freighter division launches real-time tracking service

India

SpiceJet freighter division launches real-time tracking service

India

SpiceJet freighter division launches real-time tracking service

India

Mahindra hikes prices of commercial, passenger vehicles by 1.9%

India

Pandemic Relief: Covid-19 treatment may qualify for tax deduction benefits

India

IT Department survey Flipkart unit, Swiggy in Bengaluru

India

Fiscal deficit to be 7.5 pc of GDP during current fiscal: Experts

India

RInfra completes stake sale of entire 74% shareholding in PKTCL to India Grid Trust

India

Indias YoY formulations market growth revives back to 8.5% in Dec: Ind-Ra

India

TCS Q3 net profit rise 7.2% to Rs 8,701

India

No KYC disclosure on purchase of jewellery, precious stones below Rs 2 lakh

India

Govt to give Rs 50 off to investors subscribing gold bond scheme digitally

India

Paytm Mall celebrates New Year with final edition of Maha Shopping Festival, best deals on iPhones, electronics

India

UltraTech Cement raises Rs 1,000 cr through non-convertible debentures

India

Exim Bank raises $1 billion via overseas bond sale

India

Market capitalisation of BSE-listed companies jumps over Rs 191 lakh crore

India

HDFC individual loan disbursements jumps 26% in Q3FY21

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Ease of doing business with Railway gets solid boost

India

Indias manufacturing sector activity strengthens in December: PMI

India

Approval to vaccines "turning point" in Indias fight against COVID-19: Niti Aayog

India

No relation with the three farm laws, in no way benefits from them: Reliance

India

Bajaj Auto sales rise 11% to 3,72,532 units in December

India

Tata Motors partners with Karnataka Bank for retail finance support

India

Farm-to-fork agritech startup Otipy to raise 10 mn in 2021

India

Fitch Solutions revises forecast for Indian rupee to average at Rs 75.50/USD for 2021

India

Toyota Kirloskar Motors domestic sales rise 14% in December

India

Budget to set course for economic pick up after COVID carnage

India

Maruti Suzuki India sales rise 20% in December

India

Tata Steel transfers 51% stake in processing arms to Tata Steel Downstream Products Ltd

India

Irdai slaps Rs 15 lakh penalty on Bharti AXA General Insurance

India

FSSAI gives 6 more months to comply with calcium, magnesium limits in packaged drinking water

India

MG Motor reports 33% rise in December vehicle sales

India

Sebi imposes ban on individuals, entities for illegally raising funds

India

Sensex, Nifty soared to new highs on first day of 2021

India

Govt keeps interest rate on small savings schemes unchanged for Q4 quarter. Check latest rates here

India

Tata Sons to enhance its shareholding in AirAsia India

India

RIL completes IMG Worldwide LLC acquisition

India

Petrol, diesel prices remain static on Wednesday

India

Phase-II of Air India disinvestment to start Jan 5

India

AIMTC express discontent with reduction of E-Way bill validity period

India

LIC sells 2 pc stake in ICICI Bank over a period of Nov 27-Dec 2

World

Global economy to remain in tenuous position in 2021 indicates Moody Reports

India

Razorpay joins Indian unicorn club after new $100 million funding round

India

Centre says would not borrow, another GST council meet ends without consensus

India

Flipkart claims to create 70,000 seasonal jobs ahead of Big Billion Days sale,festive season

India

SAIL Q1 report-Net loss of over Rs 1,226 crore in Q1

India

India Ratings revises FY21 GDP growth projection to negative 11.8 pc

India

Amazon India to expand its sort centres across country ahead of festive season

India

Vodafone Idea unveils new brand identity called, "Vi"

India

HDFC plans to raise funds via issuing bonds

India

Debt-ridden Vodafone Idea aims to raise Rs 25,000 crore

India

Tax Devolution-Finance Commission advised to treat FY21, FY22 differently

India

Covid crisis can help Indian auto sector to emerge as global hub; Opportunity must not be wasted-Pawan Munjal

India

Silver Lake eyeing to invest $1 billion in Reliance Retail

World

Amazon, Verizon may resume stake sale talks with Vodafone Idea-Report

India

India ranks 48th in global innovation index

India

Coal India profit falls 55% in first quarter of 2020-21

India

Rupee tumbles 44 paise to end at 73.47 against US dollar

India

FM Sitharaman to meet heads of banks, NBFCs on loan recast on September 3

India

Manufacturing sector activity returns to growth in August as demand picks up: PMI

India

GST: Karnataka to follow Option One, meet reform-linked timelines for additional borrowing, says Home Minister

India

Q1 GDP today: India may be looking at worst GDP contraction in 20 years

India

RBI unlikely to extend loan moratorium

World

17th ASEAN-India Economic Ministers consultations held

India

HAL share tumbles 14% as government plan to divest 15% of its stake

India

Reliance Retail buys Kishore Biyani Future Group businesses for Rs 24,713 cr

India

Telecom industry lost over 56 lakh mobile users subscribers in May

World

UAE scraps Israel economic boycott after US-brokered deal

World

Walmart joins Microsoft in pursuit of deal to acquire TikTok

India

RBI has not exhausted ammunition to fight situation due to pandemic: Shaktikanta Das

India

Delayed GST payment: Interest to be charged on net tax liability from September 1

India

Former RBI chief Subbarao lays stress on setting up "bad bank"

India

State-owned NTPC gets Niti Aayog, DIPAM nod to set up renewable energy business arm

India

Single e-compliance window soon: MCA initiates discussions with RBI, Sebi, DPIIT on transfer of data

India

Worst is over? E-commerce seeing strong order volume growth

India

OYO CEO joins Venture Catalysts to empower small-town startups

World

China says US damaging global trade with Huawei sanctions

India

Industrial growth in Agra Region takes a hit from COVID-19

India

Industrial growth in Agra Region takes a hit from COVID-19

India

Jobs lost by youths in pandemic: 41 lakh

India

People s Bank of China acquires stake in ICICI Bank

India

Coal India revises production target for FY21

India

Aramco Apr-Jun profit down 73%, but sees oil market recovery

India

Air India Express announces pay cuts for employees after 88% drop in revenues

India

RBI clears Sashidhar Jagdishan as HDFC Bank CEO and MD

World

Cognizant headcount reduced by 10,500 employees in Q2

India

Reliance Industries net up 31%, refining slips

India

Arcelor seals Odisha deal to procure iron ore for Essar Steel

India

Safeguard duty on solar cells to discourage cheap import

India

BPCL delay throttles selloff ambitions

India

US firm to invest in Kesoram for fresh liquidity to lower its debt level

World

Despite Pandemic, Merck Increases 2Q Net, Profit Forecast