Mumbai, Dec 06 :
Benchmark equity indices cracked for the third consecutive session on Thursday on negative global cues, weak rupee and sustained selling by foreign as well as domestic institutional investors.
The BSE Sensex plunged 572.28 points, or 1.59 per...
New Delhi, Dec 06 :
Fitch Ratings Thursday projected rupee to fall to 75 to a dollar by end of 2019, on widening of current account deficit and tighter global financing.
The Indian rupee is currently trading at a two week...
Mumbai, Dec 06 :
The Reserve Bank of India (RBI) may cut key policy rates by 0.25 per cent either at the upcoming policy review in February or the one after that in April, Bank of America Merrill Lynch said...
New Delhi, Dec 06 :
IT firm Infosys on Thursday announced inauguration of its new technology and innovation hub in Hartford in the US.
The company also announced that it has hired more than 7,000 American workers in the last 18...
New Delhi, Dec 06 :
Asian Development Bank (ADB) on Thursday said it has entered into an arrangement with the World Bank to put in place a single framework that will make co-financed projects more efficient.
ADB's first Alternative Procurement Arrangement...
New Delhi, Dec 06 :
The National Company Law Tribunal (NCLT) on Thursday dismissed the plea of HDFC Ltd to initiate insolvency proceedings against RHC Holding, a non-banking financial company promoted by Singh Brothers -- Malvinder Mohan Singh and Shivinder...
New Delhi, Dec 06 :
IL&FS Investment Managers, part of the debt-laden IL&FS group, on Thursday said its board has approved appointment of Nand Kishore and Kaushik Modak as additional directors in the company.
Kishore and Modak have been appointed to...
Australia, Dec 06 :
Australia’s parliament on Thursday passed a bill to force tech firms such as Alphabet Inc’s Google, Facebook and Apple to give police access to encrypted data, the most far-reaching such requirements imposed by a western country.
The...
Bengaluru, Dec 06 :
Bengaluru-headquartered payments platform PhonePe on Thursday announced that it has grown its offline merchant base to over 1 lakh in Bengaluru. PhonePe enables merchants to accept payments from consumers through multiple instruments like UPI, credit cards,...
Mumbai, Dec 05 :
The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 6.50 per cent while maintaining the stance of 'calibrated tightening' of policy.
This is for the second time in a row that the...
