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Headline
NAREDCO seeks $200 bn relief for the entire economy
Mumbai, April 8 (IANS) Real estate industry body NAREDCO has requested the Centre for $200 billion relief for the entire economy to meet the impact of the Covid-19 outbreak.
2020-04-08
Category: India, Maharashtra,Business/Economy
Lifeline Udan: 240 tonnes of medical supplies flown across India (Ld)
New Delhi, April 8 (IANS) The Centre on Wednesday said that under the Lifeline Udan initiative, 161 flights have transported around 240 tonnes of medical supplies across the country till April 7.
2020-04-08
Category: India, Delhi,Business/Economy
Adani Gas reduces prices of CNG, Domestic PNG
Ahmedabad, April 8 (IANS) Adani Gas Ltd. (AGL), the city gas distribution business of the Adani Group, has announced reduction in the prices of Compressed Natural Gas (CNG) and Domestic Piped Natural Gas (PNG) across its various geographical areas with effect from April 9.
2020-04-08
Category: India, Gujarat,Business/Economy
APAC firms set to face more carve-out acquisition delays
New Delhi, April 8 (IANS) In the wake of the COVID-19 pandemic, businesses in the APAC region are much more likely than those in other regions to experience carve-out acquisition delays (33 per cent), against 18 per cent of those in the Americas and 16 per4 cent in the EMEA (Europe, the Middle East and Africa) region, a new report said on Wednesday.
2020-04-08
Category: India, Delhi,Business/Economy,Technology
Stock market turn green, Sensex up 700 points
Mumbai, April 8 (IANS) The Indian equity indices pared initial losses on Wednesday, with the BSE Sensex gaining over 700 points.
2020-04-08
Category: India, Maharashtra,National,Business/Economy
RBI issues directions to access domestic forex derivative markets
Mumbai, April 7 (IANS) The Reserve Bank on Tuesday issued final directions which aim to ease access to the domestic foreign exchange derivative markets for residents and non-residents from June 1 this year.
2020-04-07
Category: India, Maharashtra,Business/Economy
L&T's smart technology solutions to help combat Covid-19
Hyderabad, April 7 (IANS) L&T Smart World & Communication, a business unit of Larsen & Toubro, has rolled out smart technology solutions to combat Covid-19 in 20 major cities across India.
2020-04-07
Category: India, Andhra Pradesh,Business/Economy
Philanthropists urge CSR foundations to join hands to fight Covid-19
New Delhi, April 7 (IANS) Wipro Chairman Rishad Premji, philanthropist and Chairperson of Arghyam, Rohini Nilekani, and Vidya Shah, CEO of EdelGive Foundation, have issued a joint appeal to CSR foundations and philanthropic organisations to urgently come together and focus on protecting the most vulnerable people affected by the coronavirus crisis in India.
2020-04-07
Category: India, Delhi,Business/Economy
Economy likely to contract by 4.5% in Q4FY2020: ICRA
New Delhi, April 7 (IANS) Ratings agency ICRA on Tuesday predicted that India's economy is likely to witness a sharp contraction of 4.5 per cent during Q4FY2020 and is expected to gradually recover to post a GDP growth of just 2 percent in FY2021.
2020-04-07
Category: India, Delhi,Business/Economy
Groupe PSA to reschedule launch of its SUV in India
Chennai, April 7 (IANS) French automobile maker Groupe PSA in India on Tuesday announced that it will re-time the launch of its model Citroen C5 Aircross sports utility vehicle (SUV) to the first quarter of 2021.
2020-04-07
Category: India, Tamil Nadu,Business/Economy
Shree Maruti Courier joins fight against Covid-19 pandemic
New Delhi, April 7 (IANS) Shree Maruti Courier Services has committed support to India's fight against the coronavirus outbreak, including a contribution of Rs 1.08 crore to the PM-CARES Fund.
2020-04-07
Category: India, Delhi,National,Business/Economy
'Invested Rs 3,707 cr for 50 pc in solar JV with Adani'
Ahmedabad, April 7 (IANS) French oil and gas group, TOTAL SA on Tuesday said that through its step-down subsidiary it has invested Rs 3,707 crore for 50 per cent partnership with Adani Green Energy Ltd (AGEL) in a joint venture (JV).
2020-04-07
Category: India, Gujarat,Business/Economy
Gold, silver rule high on Indian futures trade market
Mumbai, April 7 (IANS) Riding positive indicators from markets abroad, gold traded on a new record high on the futures trade market in India.
2020-04-07
Category: India, Maharashtra,National,Business/Economy
Tata Power Solar bags contract for constructing 300 MW power project
Mumbai, April 7 (IANS) Tata Power Solar has bagged the contract to build the 300 MW CPSU-II for NTPC at Rs 1,730.16 crore.
2020-04-07
Category: India, Maharashtra,Business/Economy
India hiring declines 18% in March, Delhi-NCR most affected
New Delhi, April 7 (IANS) Overall hiring activity in India declined by 18 per cent in March, with travel and airlines, hospitality and retail industries witnessing a massive 56 per cent drop in offering jobs as compared to March last year, leading job portal Naukri.com said on Tuesday.
2020-04-07
Category: India, Delhi,National,Technology,Business/Economy
ZEE commits financial relief to its over 5,000 daily-wagers
Mumbai, April 7 (IANS) Media and entertainment company ZEE Entertainment Enterprises Ltd (ZEE) on Tuesday committed itself to a financial relief to over 5,000 daily-wage earners working directly or indirectly for the company in its overall production ecosystem.
2020-04-07
Category: India, Maharashtra,National,Business/Economy
JSW Steel prepares to resume all operations post lockdown
New Delhi, April 7 (IANS) JSW Steel on Tuesday said that it is making preparations to restart operations at all its units once the nationwide lockdown is lifted.
2020-04-07
Category: India, Delhi,National,Business/Economy
NHAI constructs 3,979 km of NHs, highest ever in a fiscal
New Delhi, April 6 (IANS) The National Highways Authority of India on Monday said that it has accomplished construction of 3,979 km of national highways in the financial year 2019-20.
2020-04-06
Category: India, Delhi,Business/Economy
FICCI CASCADE, TRACIT warning on illicit products during coronavirus
New Delhi, April 6 (IANS) FICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) jointly with the Transnational Alliance to Combat Illicit Trade (TRACIT), has issued a statement warning consumers about the risks and growing availability of fake, falsified and substandard medical, healthcare and other products.
2020-04-06
Category: India, Delhi,Business/Economy
CMS Info Systems announces FREE 'CMS Cash2home' service
New Delhi, April 6 (IANS) Unprecedented times call for extraordinary measures. The 21-day lockdown underway across India due to the dreaded coronavirus outbreak has led to citizens grappling with accessing several services. CMS Info Systems, Indias largest cash and payments solutions company, is offering 'Cash2home, an innovative and free doorstep cash delivery service to help senior citizens and disabled get cash safely at home without needing to step out.
2020-04-06
Category: India, Delhi,Business/Economy
Rapido ties up with essential suppliers to aid last-mile deliveries
New Delhi, April 6 (IANS) Online bike taxi aggregator Rapido on Monday announced a partnership with essential suppliers such as Bigbasket, Big Baazar and Spencer's Retail for aiding last-mile deliveries in more than 90 cities as the ongoing lockdown restricts essential supplies for millions of Indians.
2020-04-06
Category: India, Delhi,National,Technology,Business/Economy
Crude oil prices fall as 'OPEC+' delays meet on output cut
New Delhi, April 6 (IANS) Crude oil prices declined on Monday as OPEC and other major oil producers including Russia delayed their meeting to discuss on output cuts.
2020-04-06
Category: India, Delhi,Business/Economy
Covid-19: Brands tie up to tide over crisis, reach customers
New Delhi, April 6 (IANS) Various brands spanning different industries have come together to pool in their infrastructure to reach customers and tide over the lockdown-caused supply chain disruption.
2020-04-06
Category: India, Delhi,Business/Economy
52% CEOs expect job losses post lockdown: CII Survey
New Delhi, April 5 (IANS) Around 52 per cent of top corporate bosses in India anticipate that job losses will occur after the nation-wide lockdown is lifted, according to a CII CEO Snap Poll.
2020-04-05
Category: India, Delhi,Business/Economy
Power engineers ensure India sails through '9 min lights off'
New Delhi, April 5 (IANS) As people across the country switched off the lights of their homes at 9 p.m. on Sunday on the call of Prime Minister Narendra Modi, power engineers across the country ensured that the 9 minutes of blackout does not lead to a collapse of the power grid across the country.
2020-04-05
Category: India, Delhi,Business/Economy
Demand for fuel at doorstep shoots up in NCR amid lockdown
New Delhi, April 5 (IANS) Demand for fuel at doorstep from bulk and stationed equipment users has increased during lockdown period in the National Capital Region, according to a statement by Hamsafar, a doorstep fuel provider.
2020-04-05
Category: India, Delhi,Business/Economy
Hoteliers to give 45K isolation rooms, 700K meals daily
Mumbai, April 5 (IANS) The Federation of Hotel & Restaurant Associations of India has offered 45,000 rooms for quarantine for both tourists and domestic travellers stuck at various locations due to the India lockdown, besides the medical fraternity, an official said.
2020-04-05
Category: India, Maharashtra,National,Business/Economy
FICCI recommends special liquidity line for NBFCs
New Delhi, April 5 (IANS) FICCI has suggested announcement of a special liquidity line for non-banking financial companies (NBFC) from banks among other measures to support the NBFCs amid the coronavirus crisis.
2020-04-05
Category: India, Delhi,Business/Economy
US dollar rises on risk aversion
New York, April 4 (IANS) The US dollar climbed in late trading on Friday as the COVID-19 pandemic restrained market participants' appetite for risk.
2020-04-04
Category: International, United States,Business/Economy
Amidst Covid-19, AP exports 1,530 MT of aqua products
The aqua products are being exported thorough Visakhapatnam, Kakinada, and Krishnapatnam ports with 270 MT shipped on Friday alone.
2020-04-04
Category: India, Maharashtra,Business/Economy
Toyota discontinues Etios series, Corolla Altis in India
New Delhi, April 3 (IANS) Toyota's Etios series and Corolla Altis model will no more be seen at the dealers as the company has stopped production of the models.
2020-04-04
Category: India, Delhi,Business/Economy
United Airlines to repatriate US citizens from New Delhi
New Delhi, April 3 (IANS) US-basd United Airlines will begin operating repatriation flights for US citizens from New Delhi from April 5.
2020-04-03
Category: India, Delhi,Business/Economy
Air India halts bookings till Apr 30; awaits clarity on lockdown deadline
New Delhi, April 3 (IANS) National carrier Air India has halted bookings for flights till April 30. According to sources, the airline is awaiting clarity from the Centre, on whether or not the lockdown deadline of April 14 will be extended.
2020-04-03
Category: India, Delhi,Business/Economy
UNESCAP suggests removal of tariffs on essential medical supplies
New Delhi, April 3 (IANS) As the world reels under the scourge of coronavirus pandemic, a report by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) says that countries should remove tariffs and unnecessary non-tariff measures on the import of essential medicines, medical equipment and related inputs.
2020-04-03
Category: India, Delhi,National,Health/Medicine,Business/Economy
Stock market tumbles, Sensex settles below 28,000 (Roundup)
Mumbai, April 3 (IANS) Indian stock markets plummeted on Friday with the BSE Sensex falling over 670 points to settle below the psychological mark of 28,000.
2020-04-03
Category: India, Maharashtra,Business/Economy
IGL announces reduction in CNG & PNG prices
New Delhi, April 2 (IANS) In a major relief to customers facing lockdown in wake of Covid-19 pandemic, Indraprastha Gas Ltd (IGL) on Thursday announced a major cut in the selling prices of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG), consequent upon the government reducing the prices of domestically produced natural gas.
2020-04-02
Category: India, Delhi,Business/Economy
COAI writes to FM seeking relief for telcos amid corona crisis
New Delhi, April 2 (IANS) The Cellular Operators Association of India (COAI) has written to Finance Minister Nirmala Sitharaman seeking immediate relief for the telecom operators, including rationalisation of regulatory levies and liquidity support due to the adverse impact of the coronavirus pandemic.
2020-04-02
Category: India, Delhi,Business/Economy
Supply disruption fuels price hike in atta, daal and edible oils
New Delhi, April 2 (IANS) The prices of flour (atta), pulses, 'besan' and edible oils have gone up due to disruption in the supply chain following the 21-day countrywide lockdown called to contain the coronavirus pandemic.
2020-04-02
Category: India, Delhi,Business/Economy
Promoters, insiders barred from buying shares till June 30
Mumbai, April 2 (IANS) In a bid to curb insider trading, security market regulator, Sebi has reportedly prohibited promoters and insiders from buying company shares till June 30, as companies have been given extra time to report earnings with the stock exchanges.
2020-04-02
Category: India, Maharashtra,Business/Economy
Housing sales across top cities may fall 25-35%: Anarock
New Delhi, April 2 (IANS) As the real estate sector receives yet another jolt with the coronavirus crisis, a report by Anarock Property Consultants says that housing sales across seven major cities in the country is likely to decline 25-35 per cent in 2020.
2020-04-02
Category: India, Delhi,Business/Economy
Indian realty to witness digital advancement in 2020: Hiranandani
New Delhi, April 2 (IANS) As the real estate sector reels through the coronavirus crisis with low demand and no site visits by prospective home buyers, Niranjan Hiranandani, National President of the National Real Estate Development Council (NAREDCO) feels that the sector players will turn to the digital and online space in 2020 to garner demand and arrange online viewing of property.
2020-04-02
Category: India, Delhi,Business/Economy
TN guarantees 50% off take of drug, ventilators production
Chennai, April 2 (IANS) In order to boost the manufacture of anti-malarial, anti-virul drugs, invasive ventilators, intensive care unit (ICU) monitors, masks and personal protective equipment (PPE), the Tamil Nadu government on Thursday announced incentives like guaranteed off take, interest subsidy and others.
2020-04-02
Category: India, Tamil Nadu,Business/Economy,Health/Medicine
Allow unrestricted function of refractory makers: IRMA
New Delhi, April 2 (IANS) The Indian Refractory Makers Association (IRMA) has asked the government to bring refractory raw materials supply chain under the Essential Services Maintenance Act and allow the refractory makers to function uninterruptedly amid the nationwide lockdown.
2020-04-02
Category: India, Delhi,Business/Economy
Bharat Electronics revenue grows 6% in 2019-20
Bengaluru, April 1 (IANS) State-run Bharat Electronics Ltd (BEL) on Wednesday reported 6 per cent annual growth in sales turnover for fiscal 2019-20 to Rs 12,500 crore.
2020-04-01
Category: India, Karnataka,Business/Economy,Defence/Security
Apparel export industry will perish without special package: AEPC
New Delhi, April 1 (IANS) The Apparel Export Promotion Council (AEPC) on Wednesday asked the Prime Minister for immediate support from the government and said that in the absence of a stimulus package, the sector will not survive.
2020-04-01
Category: India, Delhi,Business/Economy
Covid-19 crisis may increase stress on Indian banks: Report
New Delhi, April 1 (IANS) The coronavirus crisis is likely to increase the stress on the Indian banking system with exposure to stressed industries and higher consumer loan default, said a report by Deloitte on Wednesday.
2020-04-01
Category: India, Delhi,Business/Economy
COVID-19: Kochi fintech start-up waives interest on farmer loans
Kochi, April 1 (IANS) With COVID-19 striking hard, Kochi-based fintech start-up Spoon has waived interest and processing charges worth Rs 25 lakh on agro-loans the company distributed to 136 farmers in the Nilgiris.
2020-04-01
Category: India, Kerala,Business/Economy
Karnataka to bail out farmers, growers hit by lockdown
Bengaluru, April 1 (IANS) In the backdrop of a 21-day nationwide lockdown to contain the coronavirus spread, the Karnataka government has decided to bail out farmers and growers suffering losses due to steep fall in demand and transport bottlenecks, an official said on Wednesday.
2020-04-01
Category: India, Karnataka,National,Business/Economy
Indian IT spending set for slowdown, growth targets hit: IDC
New Delhi, April 1 (IANS) The Indian IT industry is set to experience a slowdown in terms of discretionary IT spending, contract renewals and new deals getting signed as enterprises recalibrate by cost structure in coming months, an IDC report said on Wednesday.
2020-04-01
Category: India, Delhi,Business/Economy,Technology
No need for extra spectrum to maintain network quality: COAI
New Delhi, April 1 (IANS) The Cellular Operators Association of India (COAI) said, here on Wednesday, no additional spectrum was required for maintaining the network stability and quality.
2020-04-01
Category: India, Delhi,National,Business/Economy