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Sensex rallies 558 points; Nifty ends above 14,650
MUMBAI: Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T.
The 30-share BSE index ended 557.63 points or 1.15 per cent higher at 48,944.14. Similarly,…
Amazon unveils new Fire tablets for kids
San Francisco: Amazon on Tuesday launched all-new Fire Kids Pro tablets for kids aged between 6 to 12 years and the next generation Fire HD 10 Kids tablet for kids aged between 3 to 7 years.
The Fire Kids Pro tablets start at $99.99 for…
RBI points tips for appointment of statutory auditors of banks, NBFCs
The tips present mandatory directions for appointment of SCAs/SAs, the variety of auditors, their eligibility standards, tenure and rotation, whereas making certain the independence of auditors, the apex financial institution stated.
CEOs of 40 U.S. firms create international process drive to assist India struggle COVID-19
The process drive dedicated to get 20,000 oxygen concentrators to India within the subsequent few weeks, Deloitte CEO Punit Renjen stated
Australia suspends direct passenger flights from India till May 15
Australia on Tuesday suspended all direct passenger flights from India with fast impact till May 15 as a result of “very significant” spike in COVID-19 circumstances, Prime Minister Scott Morrison introduced. Morrison, saying the…
Adani Group secures 12 cryogenic tanks from Dubai
New Delhi April 26 Amid a shortage of medical oxygen in the country due to surging coronavirus cases, the Adani Group announced on Monday that they have successfully secured 12 cryogenic tanks to transport liquid oxygen from Dubai.…
RBI issues new guidelines for tenure of bank CEOs, MD
Mumbai, Apr 26 (UNI) Reserve Bank of India on Monday issued certain guidelines for the governance of banks, including private banks, Small Finance Banks (SFBs) and Wholly Owned Subsidiaries of Foreign Banks.
However, the RBI clarified…
Tax compliance timelines extended by two months
NEW DELHI: To ease hardships faced by taxpayers amid the second wave of Covid-19, the government has extended the deadline for several tax compliances including making payment under the Vivad se Vishwas scheme to June 30. It has also…
Government waives import duty on vaccines, oxygen and related gear
NEW DELHI: In a bid to boost medical oxygen availability in the country amid a severe shortage across several states, including the national capital, the union government decided to exempt basics customs duty on import of COVID-19 vaccines,…
SBI offers video KYC-based savings account opening feature on Yono
MUMBAI: The country's largest lender State Bank of India on Friday said it has launched a video KYC (know your customer) based savings account opening feature on its mobile banking app, Yono.
The initiative, powered by artificial…
PMCare Funds: 551 oxygen generation plants to be set up in all district hospitals
New Delhi, Apr 25(UNI) With an aim to ensure uninterrupted supply of oxygen in hospitals at district head-quarters, the PM CARES Fund has given in-principle approval for allocation of funds for installation of 551 dedicated Pressure Swing…
Mahindra unit to accumulate ₹500-cr. land yearly
Mahindra Lifespace Developers Ltd., the realty arm of the Mahindra Group, will make investments ₹500 crore in land acquisition yearly to broaden the agency’s inexpensive and mid-premium housing initiatives, mentioned MD & CEO Arvind…
Shapoorji Pallonji Group files review petition in SC challenging verdict favouring Tata Group
New Delhi , April 26 Shapoorji Pallonji Group knocked on doors of the Supreme Court on Sunday by filing a review petition before it and challenged the top court's March 26 judgement in which it had ruled in favour of the Tata Group.…
Shri S S Rao of PFC elected as Chairman PRSI , Delhi Chapter
NEW DELHI . April 24, Shri S S Rao , Chief General Manager , PR, Power Finance Corporation has been unanimously elected as Chairman , Public Relations Society of India , Delhi Chapter for the period of 2021-23. Till now he was holding the…
Netflix’s Reed Hastings exercised $612 million from inventory choices in 2020
Netflix co-Chief Executive Officer Reed Hastings realized $612.13 million from exercising his inventory choices in 2020, a yr of bumper subscription development for the video-streaming big. The firm, which crossed 200 million subscribers…
RBI extends Ways and Means credit score for States, UTs to Sept.
Mumbai. The Reserve Bank of India (RBI) determined to proceed with the present interim Ways and Means Advances (WMA) scheme restrict of ₹51,560 crore for all States/ UTs shall for six months i.e., as much as September 30, given the…
ICICI Bank’s Q4FY21 net profit rises to Rs 4,403 crore
Mumbai: Private lender ICICI Bank on Saturday reported an exponential rise in its standalone net profit for the quarter ended March 31, 2021 on a year-on-year basis.
Accordingly, the company's standalone profit after tax rose to Rs 4,403…
Huawei: Optimizing portfolio to boost business resilience
SHENZHEN, China, and NEW DELHI, /PRNewswire/ -- Huawei held its 18th Global Analyst Summit in Shenzhen recently. More than 400 guests, including industry and financial analysts, key opinion leaders, and media representatives joined the…
Bitcoin could see worst week in year as Biden indicates tax hikes
New York, Apr 23 (Sputnik) Bitcoin is heading on Friday toward what could be its worst week in more than a year after US media reported that President Joe Biden has planned significant tax increases that could hit cryptocurrency investors.…
Ambani buys Britain’s iconic country club Stoke Park for 57 million pounds
NEW DELHI: Billionaire Mukesh Ambani's Reliance Industries Ltd has bought Britain's iconic country club and luxury golf resort, Stoke Park, for 57 million pounds (about Rs 592 crore).
The acquisition adds to Reliance's current stake in…
