Business

Maruti Suzuki in partnerships to produce ventilators, masks, PPEs

New Delhi,  Automobile manufacturer Maruti Suzuki India on Saturday said it has entered into an arrangement with AgVa Healthcare to scale up the production of ventilators. According to the company, through this arrangement it intends to reach a volume of …

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RBI rate cut fails to boost market, Sensex falls to trade in red

Mumbai, Indian stock markets erased all their initial gains on Friday afternoon, with the BSE Sensex trading over 250 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points. The 30-stock Sensex tumbled …

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RBI cuts key rates to 4.40%, maintains accommodative stance

Mumbai,The Reserve Bank of India (RBI) on Friday massively reduced the key lending rates in response to the Covid-19 outbreak. Accordingly, the Monetary Policy Committee of the central bank in an unscheduled meet reduced the repo rate, the key interest …

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Digital India faces its biggest test amid lockdown

New Delhi,  When Digital India took birth, little did the government and enterprises know that in an unprecedented situation like a total lockdown, the apps and services that helped us sail through the day with ease will immediately hang up …

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More Sebi relaxations: Top 100 firms allowed to delay AGM

Mumbai, Providing further relief to the corporate sector in view of the coronavirus crisis, market regulator Sebi on Thursday said that the top 100 companies by market capitalisation can delay their Annual General Meetings (AGM) by a month. Generally, a …

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Sensex soars 1,400 points; banking, finance stocks surge

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Mumbai,  Buoyed by the first instalment of a fiscal package to contain the economic fallout of Covid-19, investors pushed Indian stock markets higher for the third consecutive day with the BSE Sensex rising over 1,400 points. Although it rose above …

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Relief rally in markets, Sensex up 1,861 points

Mumbai,  Amid a rebound in the global markets, Indian equity indices surged on Wednesday with the BSE Sensex gaining over 1,800 points to close above the 28,000-mark. The Nifty50 on the National Stock Exchange also soared 516 points to settle …

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Flipkart resumes operations, Amazon in talks with govt

New Delhi,  After temporarily suspending all of its operations and services during the COVID-19 lockdown, etailer Flipkart on Wednesday said it will resume its grocery and essentials services post assurance from the government. There were massive disruptions on Day 1 …

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Government readying an economic package: FM

New Delhi, The government may come up with an economic package to prevent the COVID-19 pandemic from causing major harm to the economy. Finance minister Nirmala Sitharaman said as a first step they were addressing the compliance related issues and …

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Market recovers, Sensex up 1,200 points

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Mumbai,  The Indian stock markets witnessed a relief rally on Tuesday afternoon as the BSE Sensex rose over 1,200 points after volatility in the early trade. At 1.45 p.m., it was trading at 27,201.29, higher by 1,220.05 points or 4.70 …

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