Mumbai, July 2 (SocialNews.XYZ) Bellwether stock index NSE Nifty50 will exclude natural resources major Vedanta from July 31. The Index Maintenance Sub-Committee (IMSC) of the NSE decided to make the change as Vedanta has proposed…
New Delhi, July 2 (SocialNews.XYZ) Chinese tech brand OnePlus on Thursday entered the affordable TV segment with the launch of two new series, U Series and Y Series, in India at a starting price of…
Mumbai, July 2 (SocialNews.XYZ) Buoyant global cues along with initial signs of an economic turnaround pushed the key Indian equity indices higher on Thursday. Market experts cited positive global economic data and encouraging coronavirus vaccine…
Mumbai, July 2 (SocialNews.XYZ) Faced with a cash crunch, a debt burden of Rs 38,282 crore and falling revenues in view of Covid-19 pandemic, the Maharashtra Power Department on Thursday sought a grant of Rs…
New Delhi, July 2 (SocialNews.XYZ) Short-video platform Likee on Thursday said it has temporarily pulled off the app from Google Play and Apple App Stores and has suspended its service in India. Likee, a product…
New Delhi, July 2 (SocialNews.XYZ) Airline major SpiceJet has operated 200 charter flights since May till now to fly 30,000 Indian nationals back home. SpiceJet has operated charter flights from the UAE, Saudi Arabia, Oman,…
Hyderabad, July 2 (SocialNews.XYZ) The National Payment Corporation of India (NPCI), the umbrella organization for operating retail payments and settlement systems in the country, will develop its smart data centre in Hyderabad at an investment…
New Delhi, July 2 (SocialNews.XYZ) In order to keep a check on the price rise of critical medical equipment during Covid-19 pandemic, the National Pharmaceutical Pricing Authority (NPPA) has asked all manufacturers and importers of…
New Delhi, July 2 (SocialNews.XYZ) The UK India Business Council has appointed Jayant Krishna as its new Group Chief Executive Officer, effective from August 3, 2020. He takes over from Richard Heald, OBE who held…
Hyderabad, July 2 (SocialNews.XYZ) Coal production in Telangana’s Singareni Collieries Company Ltd (SCCL) came to a halt on Thursday as miners began a three-day strike called by various unions to protest against the Centre’s decision…
New Delhi, July 2 (SocialNews.XYZ) The popular Hacker group Anonymous has mounted a fierce campaign on the social media platforms to ban TikTok globally, saying its a malware from the Chinese government that is spying…
New Delhi, July 2 (SocialNews.XYZ) Doha-based Qatar Airways has started to reinstate 18 more destinations worldwide from July 1-15. Accordingly, by mid-July, the airline’s network will expand to over 430 weekly flights servicing more than…
New Delhi, July 2 (SocialNews.XYZ) With an aim to facilitate investment in the highway sector, National Highway Authority of India (NHAI) is in the process of setting up an Infrastructure Investment Trust (InvIT). InvITs are…
New Delhi, July 2 (SocialNews.XYZ) Amendments to India’s bank resolution framework are credit positive, according to Moody’s Investors Service. The amended resolution process was credit positive as it helped preserve depositor confidence and avoid deposit…
By Subhash Narayan New Delhi, July 2 (SocialNews.XYZ) After years of delays, India may soon open a derivatives market for the power sector allowing both power generators and consumers to enter into futures contracts and…
New Delhi, July 2 (SocialNews.XYZ) Warehousing demand has seen strong growth in the last few years and has recorded a significant 44 per cent CAGR since 2017, mostly after introduction of the goods and services…
New Delhi, July 2 (SocialNews.XYZ) US-based software and communications service provider Amdocs is laying off around 1,000 employees amid uncertainties surrounding the financial recovery owing to the ongoing Covid-19 pandemic, the media reported on Thursday….
Mumbai, July 2 (SocialNews.XYZ) Rating agency Fitch Ratings on Thursday said that India’s non-bank financial institutions will continue to face elevated near-term risks, even as economic activity picks up with the easing of the country’s…
Chennai, July 2 (SocialNews.XYZ) The Insurance Regulatory and Development Authority of India (IRDAI) has set up a nine member working committee to look at the possibility of Indian non-life insurers offering Surety Bond to contractors….
New Delhi, July 2 (SocialNews.XYZ) Jindal Steel & Power Limited (JSPL) has beaten the trend reporting healthy growth in production and sales volume during April-June quarter in the midst economic crisis triggered by coronavirus pandemic….