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Tag: Business

Jobs In India
20 Lakh Amazon Jobs By 2025: E-Commerce Giant To Hire 8000 Candidates This Month

E-commerce giant Amazon will host its first-ever Career Day in India on September 16 this year. In what could be a great opportunity for job seekers, the world’s largest online retailer said it is hiring for more than 8000 direct job openings across 35 cities in India.

TCS Hiring
IT-Giant TCS To Recruit Freshers Round The Year!

In a major move, India’s largest IT services provider, Tata Consultancy Services (TCS) is going to hire freshers throughout the year to deal with rising attrition.

Maruti Suzuki's June Sales Zooms On Year-Over-Year

 Automobile major Maruti Suzuki India's June 2021 sales sky-rocketed on a year-on-year as well as sequential basis.

The future of Odisha politics
Op-Ed: The Future Of Odisha Politics

Dwelling in the past cocoons every generation in a comfort zone. Perennially under the spell of self-praise and in the illusion of own generation’s self-adulation, every age group of politicians assumes that their successors would be less worthy. They rue “things have changed”. Of course, they are supposed to change and ought to change. Whether […]

COVID-19 Impact: India's Retail Trade Loses Rs 15 Lakh Cr In 100 Days

New Delhi: The ongoing pandemic has hit every sector of the Indian economy hard and the retail trade in the country has lost about Rs 15.5 lakh crore in the past 100 days. In a statement, the Confederation of All India Traders (CAIT) said that the traders across the country are highly depressed because of […]

India's Banks 'Balance-Sheet Risks Rise' With Surging Lending Pressure: Fitch

Mumbai: India’s banks are staring at significant asset-quality challenges for at least the next two years despite regulatory measures, Fitch Ratings said on Thursday. Accordingly, Fitch estimates that the impact on impaired-loan ratios could be anywhere between 200bp-600bp, depending on the severity of stress and banks’ individual risk exposures. “The latest set of measures announced […]

Sensex Leaps Over 750 Points After PM Modi’s Rs 20 Lakh Crore Economic Package Announcement

Mumbai: The domestic stock market surged on Wednesday morning on the back of the Prime Minister’s announcement of Rs 20 lakh crore economic package. It has, however, receded from the intra-day high of 32,845.48 points. It had jumped 1,474 points during the initial trade to reach the day’s high. At 10.39 a.m., the BSE Sensex […]

SGX Nifty up 1.40%, points at positive start

Mumbai: The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India indicated a positive start for trading in Indian markets on Monday. In a much needed relief after the worst week since the 2008 financial crisis, the index was trading higher by 1.40 per cent to 8.61. Index futures of […]

Zomato Acquires UberEats In All-Stock Deal In India

New Delhi: Zomato on Tuesday announced it has acquired Uber’s Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in Deepinder Goyal-led food delivery platform. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato […]

Govt Eases Rules For Setting Up Petrol Pumps, Allows Non-Oil Companies In Business

New Delhi: In the biggest reform in the fuel retailing sector in almost two decades, the government on Wednesday relaxed norms for setting up petrol pumps, allowing non-oil companies to venture into the business – a move that could help private and foreign firms to enter the world’s fastest-growing market. At present, to obtain a […]

Sensex, Nifty open mildly higher

Mumbai: Sensex and Nifty turned choppy after opening slightly higher on Wednesday. The benchmark Sensex opened at 36,575.24 from its Tuesday’s close of 36,562.91. At 10.01 a.m., the Sensex was up 34.25 points or 0.09 per cent at 36,597.16. The Nifty was up 4.90 points or 0.05 per cent at 10,802.80. Nifty PSU Bank and […]

Rupee Falls Below 72 Mark Against US Dollar On Fund Outflows

Mumbai: The rupee on Friday declined below the 72 mark against the US currency in opening session due to continued foreign fund outflows and losses in the equity markets. The rupee fell by 22 paise to trade at a nine-month low of 72.03 against the US dollar in early session. The rupee traded in a […]

Sensex Rises Over 100 Pts On Positive Global Cues

Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points in early trade on Tuesday led by gains in IT stocks amid positive cues from global markets. The 30-share was trading 100.23 points or 0.27 per cent higher at 37,502.72 at 0930 hours; and the broader Nifty too rose 16.15 points or 0.15 per cent […]

Entrepreneurial woes: Ease of doing business, not so easy

New Delhi: In most cases it takes a tragedy to bring the worlds focus to a plight prevailing for long, the same happened with V.G. Siddhartha’s death, as it brought to light the dark side of the Indian entrepreneurial environment. Although the NDA government has put much emphasis on easing regulations for doing business, harassment […]

Gold may remain overvalued in relation to oil for long

New Delhi: As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period. A recent report by natural resources investing company — Goehring & Rozencwajg — said that as central banks seem interested to continue their buying spree […]

Rupee Falls 38 Paise; Touches 71 Level Against US Dollar

Mumbai: The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities. Forex traders said the strength of the US dollar against other overseas currencies and concerns about US-China trade negotiations also kept investors edgy. At […]

Sensex, Nifty Start On A Cautious Note

Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty opened on a cautious note on Friday tracking weak global cues, amid sustained foreign fund outflow. The 30-share index was trading 3.11 points or 0.01 per cent higher at 37,834.09 at 0945 hours; and the broader Nifty was also quoting flat at 11,252.15. In the previous […]

Rupee Slips 13 Paise To 69.05 Vs USD In Early Trade

Mumbai: The rupee opened on a weak note and declined by 13 paise to 69.05 against the US dollar in opening trade on Tuesday, amid sustained foreign fund outflows and rising crude oil prices. Forex traders said, strengthening of the US dollar vis-a-vis against other currencies overseas kept pressure on the Indian rupee. The rupee […]

Equity indices open in green ahead of Budget presentation

Mumbai: The key Indian equity indices opened on a positive note ahead of the presentation of the Union Budget by Finance Minister Nirmala Sitharaman on Friday, with the Sensex trading over 100 points higher. The budget is expected to feature several announcements with focus on the farm sector and rural India among others. At 9.17 […]

Markets open in red

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade and soon entered the negative range. The Sensex of the BSE opened at 39,907.57, touched a high of 39,908.47 and a low of 39,732.38. The Sensex is trading at 39,776.60 down by 39.88 points or […]

Sensex down 85 points, Nifty above 11,800

Mumbai: Ahead of the Union Budget, the Sensex and Nifty on Tuesday were trading marginally in the red. Union Budget is scheduled to be tabled on July 5. Analysts said that the Budget will be a key trigger for the markets, ahead of which some caution was being witnessed. The Sensex was trading 84.57 points […]

Sensex, Nifty flat; metal scrips gain

Mumbai: Sensex and Nifty traded on a flat note during the morning trade session on Tuesday. Traders remain cautious ahead of the Union Budget and a key meeting between US and Chinese Presidents Donald Trump and Xi Jinping at the G20 Summit in Osaka, Japan, where the two leaders are likely to discuss the ongoing […]

Key Indian equity market indices open in red

Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower. The Sensitive Index (Sensex) of the BSE, which had closed at 39,756.81 points on Wednesday, opened lower at 39,679.35 points. Minutes into trading, it was quoting at 39,651.30 points, down by 105.51 points, or 0.27 per cent. At […]

Markets open in red: Sensex down 160 points

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE opened at 39,974.18, then touched a high of 39,982.10 and a low of 39,780.00. It is trading at 39,788.61 down by 161.85 points or 0.41 per cent fro its Tuesday’s […]

Equity indices open in green, Sensex up 320 points

Mumbai: The key Indian equity indices opened on a positive note on Monday, in line with the Asian stocks, with the BSE Sensex trading 320 points higher. Both the domestic and Asian investor sentiment strengthened after US President Donald Trump on Friday announced that he would not impose 5 per cent tariffs on Mexican exports, […]