Business news

MCA clarifies: Why donate to the PM-CARES fund over State and CM Relief funds for Covid-19?

The Ministry of Corporate Affairs has offered clarification on donations made for Covid-19. The PM Cares fund qualifies as a CSR expenditure under item (viii) Schedule VII of the Companies Act, 2013, while other state and CM relief funds are not admissible as a CSR expenditure.

Apr 11, 2020

Stock market updates: Sensex climbs over 700 points; TCS, ITC top losers

At 10.55 am, Sensex was trading at 30,772.23, higher by 705.02, or 2.34 per cent from the previous close of 30,067.21 even as investors remain wary about an extension of the nationwide lockdown beyond April 14.

Apr 8, 2020

market outlook, indian stock markets, french presidential polls, indian markets and french polls, indian markets and french presidential elections, emmanuel macron, le pen

Here's what propelled Sensex to its biggest one-day gain in more than 10 years

All the 30 components of Sensex ended in Green today with Pharma and financial stocks leading the rally.

Apr 7, 2020

Sensex surges 1,500 points to reclaim 29,000 mark, Nifty above 8,500; IndusInd Bank, HUL among top gainers

At 12.07 pm, Sensex was trading at 29,136.53, higher by 1,545.58 points or 5.60 per cent, from the previous close of 27,590.95.

Apr 7, 2020

Whose money is it, Yes Bank? Rs 10 crore to PM CARES draws criticism

In response to Yes Bank's pledge to donate Rs 10 crore to PM CARES emergency relief fund to fight coronavirus, netizens had some hard-hitting questions for the debt-ridden bank.

Apr 7, 2020

insurance in india, non-life insurance, life insurance, insurance premium collection, indian economy

Life Insurance Council announced Force Majeure will not apply for Covid-19 death claims: What it means

Life Insurance Council announced that life insurance companies in India will not decline Covid-19 death claims and the clause of 'Force Majeure' will not apply. All life insurance companies have communicated to the policyholders individually in this regard.

Apr 6, 2020

Japanese Giant To Back Kudroli World By Investing USD 43 Million With A 30% Stake In It Inbox

when this deal is officially announced, it would be interesting to see what new Kudroli World will bring to the table for the consumers.

Apr 5, 2020

RBI declares new money market trading hours inclusive of Forex from April 7 to 17

Owing to a decrease in market activity in light of the Covid-19 outbreak and nationwide lockdown, RBI has cut money market trading hours, with effect from April 7 to April 17.

Apr 3, 2020

Ministry of Civil Aviation Secretary Pradeep Singh Kharola

Post lockdown, Indian aviation sector to take a phased approach of opening up travel gates

Post the nationwide lockdown is lifted on April 14, the top 10 airports of India will be made operational first and the International travel will open up last.

Apr 3, 2020

BigBasket partners with Uber for last-mile delivery in Bengaluru, Noida, Hyderabad and Chandigarh

With coronavirus lockdown posing challenges to procure essentials, the e-commerce vendor BigBasket has partnered with Uber to facilitate last-mile delivery of necessities in Bengaluru, Noida, Hyderabad, and Chandigarh.

Apr 3, 2020

Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

Deferment in paying the EMI installments for the coming three months will put up an additional burden on the total loan amount.

Apr 1, 2020

PSB merger and Covid-19 impact on bank stocks: SBI and PNB dip up to 6%, Indian Bank up by 7.6%

Even as the Indian financial system is grappling with the after-effects of the Covid-19 pandemic, the RBI went ahead with planned PSU mergers from April 1.

Apr 1, 2020

D-Street buzz: Sensex climbs 700 points, Nifty above 8,500-mark; Infosys, ONGC top gainers

The Sensex was above the 29,000 mark while Nifty50 on the National Stock Exchange was around the 8,500 level.

Mar 31, 2020

UAE allows private companies to change employee contracts: How will this impact foreign workers?

With coronavirus scare and lockdown threatening employee job security across industries and particularly those of foreign workers abroad, an announcement by UAE's Minister of Human Resources and Emiratisation allowing private companies to change their contracts with employees could indicate layoffs and pay cuts for the migrant workforce. Let's gauge the impact of this move on foreign workers.

Mar 30, 2020

Ola Cabs supports drivers during Covid-19

Indian startups pull out all stops to make a difference amid Coronavirus crisis

As the coronavirus spreads across global frontiers, startups are forced to deal with nationwide lockdown, working capital issues and liquidity crunch challenging their continuity plans and short-term growth goals. Despite these, Indian startups leave no stone unturned to extend their funding support and collaborative efforts to root out coronavirus pandemic from the system. Here's a sneak peek on few startup contributions:

Mar 28, 2020

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Business news

MCA clarifies: Why donate to the PM-CARES fund over State and CM Relief funds for Covid-19?

Stock market updates: Sensex climbs over 700 points; TCS, ITC top losers

Here's what propelled Sensex to its biggest one-day gain in more than 10 years

Sensex surges 1,500 points to reclaim 29,000 mark, Nifty above 8,500; IndusInd Bank, HUL among top gainers

Whose money is it, Yes Bank? Rs 10 crore to PM CARES draws criticism

Life Insurance Council announced Force Majeure will not apply for Covid-19 death claims: What it means

Japanese Giant To Back Kudroli World By Investing USD 43 Million With A 30% Stake In It Inbox

RBI declares new money market trading hours inclusive of Forex from April 7 to 17

Post lockdown, Indian aviation sector to take a phased approach of opening up travel gates

BigBasket partners with Uber for last-mile delivery in Bengaluru, Noida, Hyderabad and Chandigarh

Respite on EMI payments: Here's how deferring your installment re-payment will cost you dearly

PSB merger and Covid-19 impact on bank stocks: SBI and PNB dip up to 6%, Indian Bank up by 7.6%

D-Street buzz: Sensex climbs 700 points, Nifty above 8,500-mark; Infosys, ONGC top gainers

UAE allows private companies to change employee contracts: How will this impact foreign workers?

Indian startups pull out all stops to make a difference amid Coronavirus crisis

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]