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ECONOMY
Sensex up 750 points, Nifty above 14,500
Mumbai: The key Indian equity indices surged on Monday morning with the BSE Sensex gaining over 750 points.
Healthy buying was witnessed in banking, finance and metal stocks.
Around 10.05 a.m., Sensex was trading at 48,631.00, higher…
RBI directs banks to halve dividend payouts amid 2nd Covid wave
Mumbai: The Reserve Bank of India (RBI) has directed the banks to restrict dividend payouts to 50 per cent in a bid to conserve capital and stay resilient.
In a notification to all the commercial and co-operative banks, RBI said that in…
OMCs keep petrol, diesel prices static as global crude stable
New Delhi: Fuel prices in the country remained unchanged on Friday as oil marketing companies decided to go on a pause mode and analyse the global developments on oil prices before effecting a revision.
Accordingly, pump prices of petrol…
Vi Business Plus introduces new mobility offerings for enterprises
Mumbai: Vi Business, the enterprise arm of Vodafone Idea Ltd (VIL), has introduced new post-paid plans designed for businesses and working professionals.
Vi Business Plus is a mobility solution, which enables the mobile workforce to…
Inox meets India’s 60% oxygen need, reduces bottlenecks
By Rohit Vaid
New Delhi: India's largest industrial and medical gases major Inox Air Products has reached the maximum production capacity of medical grade oxygen during these trying times for the country, a senior company official said.…
Microsoft Dynamics 365 Business Central to empower Indian SMBs
New Delhi: Microsoft India on Tuesday announced the general availability of Dynamics 365 Business Central, a comprehensive business management solution for small and medium-sized businesses (SMBs) in India.
Customized for India, the…
E-commerce, OTT, gaming saw over 100% growth in 2020
New Delhi: Amid the pandemic, online payments, indoor entertainment and gaming witnessed over 100 per cent growth in India last year, a new report said on Tuesday.
As theatres and offline entertainment avenues remained shut consumers…
Accura Scan plans to raise funds in 2021 for tech development
New Delhi: Accura Scan, a business-to-business (B2B) solution provider plans to raise funds in 2021 with the increasing demand for developing more sophisticated and added features in the technology.
Yasin Patel, Founder of Accura Scan…
Sensex tanks 1,400 points amid surging Covid cases
Mumbai: The Indian stock market plunged on Monday morning due to the rising number of Covid cases across the country, with the BSE Sensex falling over 1,400 points.
It touched an intraday low of 47,362.71 so far.
Around 10.10 a.m.,…
Second Covid wave to disrupt fabric demand: Ind-Ra
New Delhi: The second wave of Covid-19 resurgence can potentially disrupt fabric demand, said India Ratings and Research (Ind-Ra).
"Woven fabrics production continued to improve mom, though marginally, in January 2021, despite remaining…
