Corporate Infotech bags Rs 114 crore project with Indian Oil for IT infra maintenance
New Delhi, June 12 - IT Solutions Provider Corporate Infotech Pvt Ltd (CIPL) on Wednesday said it has secured a three-year contract worth Rs 114 crore from the Indian Oil Corporation Limited (IOCL) for the comprehensive annual maintenance of IT infrastructure across all
Real estate and construction stocks jump after announcement of 3 crore houses under PMAY
Mumbai, June 12 - Real estate and construction sector shares were trading in the green on Wednesday after Prime Minister Narendra Modi’s new cabinet announced the construction of 3 crore additional houses in rural and urban areas under the Pradhan Mantri Awas Yojana
Govt’s push on Infra and manufacturing to continue: Vikas Khemani
New Delhi, June 12 - Vikas Khemani, Founder of Carnelian Asset Management, on Wednesday, said that the government policies have remained focused on infra and manufacturing reform after the coalition government was formed at the Centre.
SBI to raise $3 billion through long-term debt
Mumbai, June 12 - State Bank of India (SBI) plans to raise up to $3 billion through long-term debt in the current financial year (2024-25), according to a stock exchange filing by the country’s largest bank.
Sensex jumps 349 points as HCL Tech and Tata Motors top gainers
Mumbai, June 12 - Indian equity indices opened in green on Wednesday amid broad-based buying.
Zomato infuses Rs 300 cr in Blinkit, puts Rs 100 cr in entertainment arm
New Delhi, June 11 - Online food delivery platform Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business.
ONGC to start gas production soon from eastern offshore Krishna-Godavari field: Hardeep Puri
New Delhi, June 11 - Public sector upstream giant Oil and Natural Gas Corporation (ONGC) will start gas production from its eastern offshore deep-water field in the Krishna-Godavari block KG-DWN-98/2 soon, Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday
Indian economy to continue on growth track despite coalition govt: Ridham Desai
New Delhi, June 11 - Global brokerage firm Morgan Stanley is optimistic about Indian economic growth despite the coalition government.
India offers strongest employment outlook in Asia Pacific in Q3: Report
New Delhi, June 11 - India has offered the strongest employment outlook in Asia Pacific (APAC) at over 30 per cent in the third quarter (Q3) of 2024, a new report showed on Tuesday.
Sensex trades flat on mixed global cues
Mumbai, June 11 - ndian equity indices on Tuesday opened in the red on mixed global cues. Frontline indices are trading in a narrow range. At 9:45 a.m., Sensex was down 10 points at 76,480 and Nifty was up 2 points, at 23,261.
RBI rejects reappointment of Rajkumar Bansal as Edelweiss ARC’s CEO
New Delhi, June 11 - The Reserve Bank of India (RBI) has rejected the reappointment of Rajkumar Bansal as Edelweiss Asset Reconstruction Co’s (ARC) Managing Director and Chief Executive Officer.
Equity mutual funds hit record Rs 34,697 crore in May, all eyes on govt’s 100-day action plan
Mumbai, June 10 - Equity mutual fund inflows reached a record Rs 34,697 crore in May, an 83.42 per cent jump from the previous month, marking 39 consecutive months of positive trends, the Association of Mutual Funds of India (AMFI) said on Monday.
Sensex ends lower due to selling pressure in largecaps
Mumbai, June 10 - Indian equity benchmarks snapped a three-day winning streak on Monday with the frontline indices settling lower due to a fall in largecap stocks.
‘ONDC will become a formidable e-commerce player in near future’
New Delhi, June 10 - The government-run Open Network for Digital Commerce (ONDC) is set to become a formidable e-commerce player in the near future, said ONDC MD and CEO T Koshy on Monday.
Sensex trades flat after opening at all-time high
Mumbai, June 10 - Indian equity indices opened at an all-time high on Monday.
Ixigo IPO opens on Monday with price band of Rs 83-93 per share
New Delhi, June 9 - Le Travenues Technology Ltd, which owns online travel aggregator Ixigo, is set to make its public debut on Monday. The company has set a price band of Rs 88-93 per share of its initial public offering (IPO).
Startups in India raise over $97 million in election result week
New Delhi, June 8 - The Indian startup ecosystem, the world’s third largest, saw $97.3 million in funding across 10 deals this week as Lok Sabha election results were declared, paving the way for the BJP-led NDA to return to power.
Stock markets gain 3 per cent as political stability returns
Mumbai, June 8 - In a week full of political surprises, the Indian Indices saw high volatility but ended up gaining more than 3 per cent, buoyed by Prime Minister Narendra Modi’s return for the record third term and RBI’s monetary policy announcements.
Muthoot FinCorp launches ‘Book My Gold Loan’ campaign with Shah Rukh Khan
New Delhi, June 7 - Muthoot FinCorp Limited (MFL), the flagship company of the 137-year-old Muthoot Pappachan Group (Muthoot Blue), on Friday launched its 'Book My Gold Loan' campaign featuring Bollywood superstar Shah Rukh Khan.
Gold from UK shifted to India as we have enough storage capacity: RBI Chief
Mumbai, June 7 - The Reserve Bank of India (RBI) has shifted 100 metric tonnes of its gold kept in bank vaults in the United Kingdom to its own vaults in India as there was enough domestic storage capacity and no meaning should