Category: Business

Tokyo stocks close lower after hitting 30-year high

Tokyo, Feb 17 (SocialNews.XYZ) Tokyo stocks closed lower on Wednesday, as investors opted to take profits following the benchmark Nikkei…

5 years ago

Mongolia’s virus-hit economy shrinks for first time since 2009

Ulan Bator, Feb 17 (SocialNews.XYZ) Mongolia's gross domestic product (GDP) shrank 5.3 per cent last year, its first annual contraction…

5 years ago

‘Revenge travel steers steady recovery for hospitality industry in 2021’

New Delhi, Feb 17 (SocialNews.XYZ) After spending nearly a year adhering to social distancing norms and the pandemic-led lockdown, consumer…

5 years ago

BigBasket says no comment on Tata Group’s acquisition bid

New Delhi, Feb 17 (SocialNews.XYZ) BigBasket on Wednesday refused to comment on reports that Tata Group is acquiring a majority…

5 years ago

IndusInd Bank promoters complete fund raising via rights issue

Mumbai, Feb 17 (SocialNews.XYZ) IndusInd International Holdings Ltd (IIHL), the promoter company of IndusInd Bank has completed raising capital through…

5 years ago

Equity indices fall, Sensex gives up 52K-mark

Mumbai, Feb 17 (SocialNews.XYZ) The key Indian equity indices declined on Wednesday morning with the BSE Sensex falling over 350…

5 years ago

Petrol, diesel prices rise close to Rs 3/l in 9 days

New Delhi, Feb 17 (SocialNews.XYZ) Petrol and diesel prices maintained its northward rally on Wednesday, the ninth consecutive day, when…

5 years ago

Adani Ports acquires Dighi Port, earmarks Rs 10K cr for new gateway into Maha

Ahmedabad, Feb 16 (SocialNews.XYZ) Adani Ports and Special Economic Zone Ltd on Tuesday informed that it has completed the acquisition…

5 years ago

HMSI expands CB series, launches CB350RS at Rs 1.96 lakh

New Delhi, Feb 16 (SocialNews.XYZ) Expanding its mid-size motorcycle segment, Honda Motorcycle & Scooter India on Tuesday launched the CB350RS…

5 years ago

RailTel IPO fully subscribed in day 1

Mumbai, Feb 16 (SocialNews.XYZ) The initial public offering (IPO) of RailTel has been fully subscribed in the the first day…

5 years ago

IndiGo to start operations to Durgapur from April

New Delhi, Feb 16 (SocialNews.XYZ) To strengthen regional connectivity, airline major IndiGo will start operations to and from Durgapur in…

5 years ago

Finance Minister addresses the Central Board of RBI Directors

New Delhi, Feb 16 (SocialNews.XYZ) The 587th meeting of the Central Board of Directors of Reserve Bank of India was…

5 years ago

Recovering petroleum demand to support OMCs profitability: Fitch

Mumbai, Feb 16 (SocialNews.XYZ) Recovering demand for petroleum products is supporting the profitability of India's oil marketing companies, Fitch Ratings…

5 years ago

Nestle India logs 2.25% rise in its Oct-Dec net profit

New Delhi, Feb 16 (SocialNews.XYZ) Nestle India on Tuesday reported a 2.25 per cent increase in its net profit for…

5 years ago

As petrol nears Rs 100/litre, EVs running at one-tenth cost

New Delhi, Feb 16 (SocialNews.XYZ) Even as filling-up a full tank of petrol is fast becoming a pipe dream for…

5 years ago

NCC, Karur Vysya among top ‘Jhunjhunwala’ stocks to surge post budget

Mumbai, Feb 16 (SocialNews.XYZ) As the domestic equity market has accentuated its bull run post the Union Budget, stocks with…

5 years ago

IBM, Tech Mahindra team up to build $1bn ecosystem for each other

New Delhi, Feb 16 (SocialNews.XYZ) Tech giant IBM and IT major Tech Mahindra on Tuesday announced a partnership to deepen…

5 years ago

Economic recovery accelerates Sensex’s race to 55K

By Rohit Vaid Mumbai, Feb 16 (SocialNews.XYZ) India's barometer equity index -- S&P BSE Sensex -- is expected to reach…

5 years ago

IBM CEO Arvind Krishna reiterates intent to expand operations in India

New Delhi, Feb 16 (SocialNews.XYZ) Stressing that tech giant IBM has an incredible focus on India, its CEO Arvind Krishna…

5 years ago

IBM CEO Arvind Krishna reiterates to expand operations in India

New Delhi, Feb 16 (SocialNews.XYZ) Stressing that tech giant IBM has an incredible focus on India, CEO Arvind Krishna on…

5 years ago



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