Saturday, July 11, 2020


Gold price drops by Rs 480, reaches Rs 34,320/sovereign

The price of gold dropped by Rs 480 on Wednesday and reached Rs 34,320 per sovereign. One gram of the metal costs Rs 4290. On Monday, gold recorded t...

Toyota announces its line-up for new GR Yaris

Toyota has announced its full line-up for the new GR Yaris models to be sold in Japan. Pre-orders for the GR Yaris, which are currently being accepte...

Hyundai sales decline 79% in May

Hyundai Motor India Ltd (HMIL) reported a 78.7 per cent decline in total sales at 12,583 units in May.The company had reported sales of 59,102 units ...

Nissan shuts down factories in Indonesia, Barcelona

Japanese automobile major Nissan Motor Co unveiled a global four-year plan that involves reducing capacity by 20 per cent by shutting down factories ...

Wipro appoints Thierry Delaporte as CEO, MD

New Delhi: IT services major Wipro said it has appointed Capgemini Group veteran Thierry Delaporte as its Chief Executive Officer and Managing Direct...

Lockdown has to end: Kiran Mazumdar-Shaw

Bengaluru: With the exodus of migrant labour back to their home states, there is no case for extending the COVID-19-induced lockdown any longer, acco...

SBI cuts fixed deposit interest rates by 40 bps

Mumbai: India's largest public sector bank State Bank of India (SBI) cut fixed deposit interest rate by 40 basis points across all tenors.This is the...

Hyundai receives 9,000 bookings post-COVID-19 relaxation

Hyundai Motor India has received close to 9,000 customer bookings in the last 22 days and has delivered 5, 600 new cars, the leading carmaker informe...

Sensex surrenders early gains, ends 63 pts lower

Mumbai: Equity benchmark Sensex gave up all the day's gains to end 63 points lower on Tuesday as spiking number of COVID-19 cases in the country crea...

SpiceJet operates cargo flights to Sudan, South Korea

New Delhi: Amid the coronavirus-induced lockdown, SpiceJet said it has started operating cargo flights to Sudan and South Korea. The airline started ...

HDFC Q4 net falls to Rs 2,233 cr

HDFC posted a net profit of Rs 2,233 crore for the quarter ended March 31, down from Rs 2,862 crore in the corresponding quarter of the previous year...

Investment via P-notes up at Rs 57,100 cr till April

New Delhi: Investments through participatory notes (P-notes) in the domestic capital market increased to Rs 57,100 crore as of April 30 after falling...

SpiceJet opens booking for domestic flights

Mumbai: No-frills carrier SpiceJet announced the opening of booking for its domestic flights as it resumes operations with a little over 200 daily fl...

Bhima jewellers - The precious brand is open now

Bhima - The most trusted jeweller in the Jewelery industry for over 95 years. Bhima has an eight decade old legacy built on honest workmanship and et...

Reliance sells 2.32% in Jio Platforms for Rs 11,367 cr to KKR

New Delhi: Reliance Industries announced the sale of a 2.32 per cent stake in its digital unit to U.S private equity giant KKR for Rs 11,367 crore, t...

RBI chief says GDP growth in 2020-21 likely to be in negative

Mumbai: The Reserve Bank on India (RBI) said India's gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of ...

Inflation outlook highly uncertain: RBI Governor

Mumbai: Reserve Bank Governor Shaktikanta Das said the inflation outlook is highly uncertain due to the outbreak of the COVID-19 pandemic and express...

RBI extends moratorium period by 3 months

New Delhi: In his third such address since the coronavirus-induced lockdown began on March 25, Reserve Bank of India (RBI) Governor Shaktikanta Das c...

Amazon food delivery service launched in India

Amazon Food has debuted in India as Amazon's answer to Swiggy and Zomato. The new food delivery service by the U.S e-commerce giant has initially bee...

SEBI urges companies to reveal COVID-19 impact on business

Mumbai: India’s markets regulator SEBI directed companies that have publicly traded securities, including shares and bonds, to disclose broad-r...

SBI cuts MCLR by 5-10 bps for shorter tenors

Canara Bank shares tank nearly 7%

Cooperative banks to be brought under RBI supervision

SBI cuts fixed deposit interest rates by 40 bps

HDFC Q4 net falls to Rs 2,233 cr

Small savings scheme, PPF rates remain unchanged

Gross tax collection falls 31% so far in June quarter

WPI inflation falls 3.21% in May

U.K economy shrinks 20.4% during April lockdown

German exports down nearly a quarter in April