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Manappuram Finance board mulls debt securities

Mumbai, March 1 (SocialNews.XYZ) Manappuram Finance on Monday said that its Board of Directors is likely to consider and approved the issuances of debt securities this month. In a regulatory filing, the company said that…


Feb manufacturing growth remains flat: PMI

New Delhi, March 1 (SocialNews.XYZ) India’s manufacturing sector growth remained flat-to-positive in February, as improving business environment pushed order flow. Accordingly, the headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) inched up…


Hyundai Motor India’s overall Feb sales over 26%

New Delhi, March 1 (SocialNews.XYZ) Hyundai Motor India on Monday reported a growth of 26.4 per cent in its overall sales including exports during February. The company’s overall sales grew to 61,800 units from 48,910…



Sensex up 800 points; auto, banking stocks rise

Mumbai, March 1 (SocialNews.XYZ) The Indian equity indices opened on a positive note on Monday with the BSE Sensex surging over 800 points. Healthy buying was witnessed in auto, banking, finance and IT stocks. Around…



Govt prepares master plan for toy industry

New Delhi, Feb 28 (SocialNews.XYZ) Guruprasad Mohapatra, Secretary for the Department for Promotion of Industry and Internal Trade, said that toys are of serious economic concern and a very comprehensive toy master plan has been…


Vatika Group clears debt worth Rs 1,109 cr

New Delhi, Feb 28 (SocialNews.XYZ) NCR-based real estate developer Vatika Group and its associated companies have repaid debt worth Rs 1,109 crore within a period of 11 months, said a company statement. The debt has…


Macro data, global cues to drive Indian equity market

Mumbai, Feb 28 (SocialNews.XYZ) After the recent heavy sell-off, global market trends and domestic macro-economic data will drive the Indian equity indices in the coming week. “Indian equity markets posted second weekly loss with huge…


Pandemic affected tourists’ behaviour: Study

London, Feb 28 (SocialNews.XYZ) The pandemic has affected tourists’ attitudes and behaviours in unforeseen ways, often subconsciously, said a new study. The study, published in the journal Annals of Tourism Research, indicated that post-pandemic tourism…


RIL acquires majority stake in US-based skyTran Inc

Mumbai, Feb 28 (SocialNews.XYZ) Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a…


Bullish commodity prices boost agri export prospects

By Pramod Kumar Jha New Delhi, Feb 28 (SocialNews.XYZ) Continued bullish trend in commodity prices has enhanced the prospects of the exports of agricultural produces from India during Covid-19 pandemic season as global prices of…


Zipaworld forays into ocean freight

New Delhi, Feb 28 (SocialNews.XYZ) Logistics startup Zipaworld announced its foray in the ocean freight booking segment and expects at least three-fold growth in its turnover in the next financial year (FY22) on the back…



CAIT to launch natiowide movement over GST

New Delhi, Feb 28 (SocialNews.XYZ) Days after a traders’ strike under its aegis, the Confederation of All India Traders (CAIT) on Sunday said that it will launch a national movement against the ‘arbitrariness’ of GST…


‘Nirman by ATS’ to vie for stalled realty projects

New Delhi, Feb 28 (SocialNews.XYZ) ATS Infrastructure Ltd has come up with project management consultancy – ‘Nirman by ATS’ – to assist developers in completing stalled real estate projects and to provide respite to distressed…


I-T raid on Chennai-based tiles maker

New Delhi, Feb 28 (SocialNews.XYZ) The Income Tax Department conducted searches on a business group engaged in tiles and sanitary ware maker based out of Chennai, resulting in the detection of undisclosed income worth Rs…



Buffett warns fixed-income investors of bleak future

New Delhi, Feb 28 (SocialNews.XYZ) Ace investor Warren Buffett is of the view that fixed-income investors might face a bleak future. In his letter to the shareholders of Berkshire Hathaway, Buffet said: “Fixed-income investors worldwide…