Category: Business News
-
Lucky Brand Ambassador
Man Buys 160 Tickets For One Lottery Drawing and Wins 160 — (Milcah Anila, Intern Journalist) Vijayawada: The word lottery is becoming more and more common among us. We also look forward to seeing if we can touch the lottery at least once in our lives. But if some people are lucky it will…
-
EPF interest deposit this month!
EPFO Likely To Credit Interest On EPF for 2019-20 By December End (Milcah Anila, Intern Journalist) New Delhi: The Employees Provident Fund Organization (EPFO) is set to deposit 8.5 percent interest on provident fund balances of six crore members for the 2019-20 financial year by the end of December. At the EPFO trustees’ meeting chaired…
-
Fugitive businessman Vijay Mallya gets first blow in abroad
(Aditya Shaw, Intern Journalist): Fugitive businessman Vijay Mallya got his first shot abroad. The French Law Enforcement Service (ED) confiscated property along Seven Seas. The seized property is valued at 1.6 million euros (14 million INR). In France, he was arrested under anti-money laundering laws. The ED said in a statement that during the investigation…
-
US-based Onpassive opens India headquarters in Hyderabad
Jagriti Rai (intern journalist), Hyderabad: Us – based Onpassive, a provider of predictive intelligent business automation service, opened its first facility in India at HITEC City, Hyderabad. The campus will serve as the head office for India operations The new facility at present has 380 staff members and will soon become home for over 1000…
-
Tata Power to take over Wesco and Southco
Jagriti Rai (intern journalist), New Delhi: Tata power company ltd. all set to take over two electricity distribution companies including. Western electricity supply company of Odisha Wesco and the Southco utility as it has emerged as the winner of the bid, reports said. With the financial bids for these two Odisha discoms being opened on…
-
Market declines with RBI announcements
(Pooja Dubey, Intern Journalist) Today, on the last trading day of the week i.e. Friday, the stock market is seeing strong growth. The Sensex crossed the 45000 marks for the first time with the announcement of the decisions taken in the meeting of the Reserve Bank of India (RBI) monetary policy committee. At 10:50 am,…
-
Reserve Bank imposed many restrictions on HDFC Bank
(Manisha Mahar, Intern Journalist); Important news for HDFC Bank customers. The Reserve Bank has reprimanded the customers of the bank for a long time in digital work. RBI has ordered the bank to stop working on its proposed digital proposals. RBI has banned HDFC Bank from issuing new credit cards. RBI has asked the bank…
-
IPO is opening, know these things before investing
(Aditya Shaw, Intern Journalist): Burger King IPO opens on Wednesday. The price range has been fixed at Rs 59-60 per share for bidding shares under the company’s initial public offering (IPO). The Indian subsidiary of US-based Burger King will raise Rs 810 crore under this IPO. It will issue new shares worth Rs 450 crore.…
-
Sensex closed at a record level of 44655, market cap crosses Rs 176 lakh crore for the first time
(Aditya Shaw, Intern Journalist): Today Sensex opened 286.11 points up at 44,435.83 and Nifty opened 93.25 points up at 13,062.20.On Tuesday, the stock market saw good gains due to strong domestic cues such as good GST collections and an uptick in Asian markets. The Sensex climbed 505.72 points to close at a record high of…