IMF projects 4.5% contraction in Indian economy in 2020

Mumbai, June 24: International Monetary Fund (IMF) on Wednesday suggested a sharp contraction of 4.5 percent for the Indian Market in 2020 and said it’d be a historic low. IMF... Read more »

Federal Bank to raise Rs 12,000 crore

Federal Bank on Tuesday said it would raise Rs 12000 crore most of which would come from borrowing instruments. In a regulatory filing, the Bank said that its board... Read more »

Twitter sends notice of ‘Data Security Incident’ to advertisers

Twitter has sent a notice to all it’s users about a data security incident that “may have involved personal information on ads.twitter.com and analytics.twitter.com.” Giving details of the issue, Twitter said that,... Read more »

Sensex gains 180 points likely to be volatile due to monthly expiry

Sensex at BSE on Monday went up by 180 points to close at 34,911, with 21 stocks closing higher and financial stocks contributing the most to the gains. On... Read more »

HDFC to raise Rs 14,000 crore through shares & bonds

Mortgage Lender Housing Development Finance Corporation (HDFC) on Friday announced that its Board of Directors had approved its plans to raise Rs 14,000 crore via shares, compulsory convertible debentures,... Read more »

FOKIA highlights key parameters for economic revival, liquidity boost in the Kutch Model as a working example to tide over Covid Crisis

Prime Minister Narendra Modi’s special mention of Kutch’s incredible resurrection post-2001 killer earthquake, during his address to the nation in May, was not only aimed at infusing the much-needed... Read more »

Opposition surfaces as state governments plan to grab temple and charitable trust funds

Mumbai, 15th June 2020 : Considerable opposition is building up against various state governments move to forcefully transfer of temple funds and funds of Charitable Trusts under the pretext... Read more »

Benchmark equity index touches 3-month high Sensex closes 34,732, Nifty 10,244

A surge in some strong blue chips pushed up the benchmark equity market indices to new three-month high on Friday with RIL recording a new high of 500 points even... Read more »

Banks, RIL push Sensex up 700 points

Despite continuous rise in Coronavirus cases in the country, the mood in the markets turned upbeat late afternoon as Banks, financial services and metal  indices witnessed an upward surge... Read more »

Tata Motors supports truck drivers and fleet operators for seamless supplies

Tata Motors, India’s largest commercial vehicle manufacturer, has been comprehensively supporting the transport ecosystem to ensure all necessary supplies remain uninterrupted and seamless, nationwide. Closely working with truck drivers,... Read more »