IBT Business Desk

Articles by IBT Business Desk

Email : editor@ibtimes.co.in

Beware of instant loan apps; SBI warns about cybercrimes, extortion [read now]

The country's largest lender, State Bank of India (SBI) has warned customers against instant loan apps and even suggested measures to safeguard against the menace.

Nov 24, 2022

Tata Consumer to acquire Bisleri for around Rs 7,000 crore: Report

Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd (TCPL) for an estimated Rs 6,000-7,000 crore, The Economic Times reported.

Nov 24, 2022

Crackdown on fake product reviews in India; govt unveils new framework [details inside]

Aiming to guard customers from fake online reviews of products, the government on Monday issued a comprehensive set of guidelines that would come into effect from November 25 and would be voluntary in nature.

Nov 22, 2022

India clocks 129 deals at $2.1 bn in Oct; 77% YoY decline in value [details]

India clocked 129 deals valued at $2.1 billion in the month of October, a 42 per cent fall in volumes and a significant 77 per cent decline in values as compared to October last year.

Nov 22, 2022

RBI report flags large-scale variation in property tax collection across civic bodies

It may look surprising but it is a fact that the property tax revenue of the municipal bodies in Delhi is much more than that of bigger states including Uttar Pradesh, Madhya Pradesh, Rajasthan and many other states.

Nov 20, 2022

What is eRs; RBI's digital rupee explained [see how it works]

The Reserve Bank of India (RBI) had, last week, announced that it will commence a pilot project of digital rupee (eRs) for specific use cases in the wholesale segment from November 1.

Nov 6, 2022

Tax, Budget 2017, Union Budget 2017, Income Tax, senior citizens, common man

GST collections touch Rs 1,51,718 cr in Oct; second highest since April [details]

The government collected Rs 1,51,718 crore gross GST revenue in October, which is the second highest collection ever after April this year, official data revealed on Tuesday.

Nov 1, 2022

India smartphone shipments fell 6% in Q3; Xiaomi leads [details]

India saw 44.6 million smartphone shipments in the third quarter this year, a 6 per cent decline from the previous year dragged by a lacklustre low-end segment.

Oct 23, 2022

Reliance Retail Launches Premium Fashion Store 'AZORTE', Offering Smart Trial Rooms and Self-Checkout Kiosks

The new fashion store will transform the way Indians shop for premium international and contemporary Indian fashion merchandise.

Sep 29, 2022

Multi bagger Dhruva Capital gains 205% in a month; went from Rs 7.54 to Rs 22.96 [details]

Dhruva Capital stock has given 205 per cent returns in the last month. The stock which was trading at Rs 7.54 on June 22 jumped by 205 per cent in a month to close at Rs 22.96 on July 22.

Jul 24, 2022

Indian rupee at Rs 79.36 against USD, gold touches Rs 54K

Indian rupee weakens against dollar; falls below Rs 79.65 [details]

The rupee movement against the dollar will be triggered by the inflation numbers of the US which are expected to be out later on Wednesday.

Jul 13, 2022

Another Rs 1,200 cr vanishes from BYJU'S funding round: Report

A whopping Rs 1,200 crore from a US-based company, recently announced by BYJU'S as a funding round, has gone off track, according to a media report.

Jul 11, 2022

Tata Motors' electric car 'Avinya' promises 500 kms in 30-min recharge

Tata Motors' subsidiary to acquire Ford India's Sanand plant in Gaujarat, signs MoU

Tata Passenger Electric Mobility based in Sanand signed an agreement with Ford India and the Gujarat government for takeover of Ford's passenger vehicle manufacturing facility, which is located adjacent to its unit.

May 30, 2022

GST collection touches all-time high in April; stands at Rs 1.68 lakh crore [details]

The gross GST collection has crossed the Rs 1.5 lakh crore-mark for the first time in April 2022 and Rs 1 lakh crore-mark for the 10th month in a row.

May 1, 2022

Price shocks due to war in Ukraine will have impact worldwide: IMF

Monetary authorities will need to carefully monitor the pass-through of rising international prices to domestic inflation, to calibrate appropriate responses.

Mar 6, 2022

Beware: India's crypto ad guidelines out; celebrities warned [read now]

No advertisement for crypto/digital asset products or exchanges may show a minor, or someone who appears to be a minor, directly dealing with the product, or talking about the product, said the advertising watchdog. Read full guidelines here.

Feb 23, 2022

European tensions impact: Stocks plunge on geo-politics; realty shares down [details]

The Russia-Ukraine conflict has led to a slide in global stocks' value while it catapulted prices of commodities, including crude oil and gold.

Feb 22, 2022

How does CIBIL score impact your loan eligibility?

A good CIBIL score underscores your financial commitment to repay your dues. However, a score less than the optimum does not spell complete disaster.

Feb 21, 2022

LIC files DRHP, intends to list 5% equity via IPO - all OFS [details]

The Centre aims to offload a total of 316 million equity shares to investors through the public offering out of the 6.32 billion outstanding shares, the document showed.

Feb 13, 2022

Sindhu Trade Links becomes multibagger; shares up 2000% in 2021 [details]

Sindhu Trade Links is engaged in the business of logistics, transportation, mining, coal beneficiation, power generation, sponge iron and steel, stockbroking, media, finance and food processing park.