Biocon zooms on the bourses

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Biocon is currently trading at Rs. 274.65, up by 10.35 points or 3.92% from its previous closing of Rs. 264.30 on the BSE. The scrip opened at Rs. 270.00 and has touched a high and low of Rs. 276.90 and Rs. 268.85 respectively. So far 119459 shares were traded on the counter. The BSE group … Read more

India GDP growth at 4.7% in Q2FY20: Ind-Ra

icra forecasts indias gdp growth at 4 7 for q2fy20

Fitch group firm India Ratings and Research (Ind-Ra) has said Indian economy may have slowed to 4.7% in second quarter of current financial year (Q2FY20). The 4.7% projection for the second quarter of the current fiscal would mark six consecutive quarters of slowing growth. The Indian economy expanded 5% in April-June, its slowest annual pace … Read more

Service sector has potential to contribute to achieve target of $5 trillion GDP: Goyal

service sector has potential to contribute to achieve target of 5 trillion gdp goyal

Expressing optimism over growth of India’s economy, the minister of Railways, Commerce and Industry Piyush Goyal has said the country’s service sector can help achieve the Central government’s target of $5 trillion Gross Domestic Product (GDP). He said the service sector has the potential to be the largest job creators in the country and over … Read more

Former RPSC chairman elected Mayor in Udaipur, After a draw in Kanore, Congress candidate emerge victorious by lottery

Govind Singh Taunk

Udaipur :  BJP corporator Govind Singh Taunk was elected as the new Mayor of Udaipur Municipal Corporation on Tuesday. The saffron party that won 46 out of the 70 seats in the civic body elections, held recently, had a clear cut win in the contest as all of its corporators voted for the 75-year old ‘debutant’ … Read more

Goodness is now the Headline Act in Udaipur with Seagram’s 100 Pipers ‘Play for a Cause’ on 29 Nov 2019

100 pipers play for a cause

Udaipur : After positively impacting the society through previous editions of ‘Play for a Cause’, Seagram’s 100 Pipers expands the impact of the platform with100 musical events spread across 27 cities on 1 Day; Nov 29, 2019. The 100 events will witness renowned musicians and bands like Parikrama, Delhi Indie Project, Indus Creed, The Local … Read more

SBI Card andVistara Come Together to Launch Premium Co-Branded Credit Cards

Mr Hardayal Prasad MD CEO SBI Card Mr Leslie Thng CEO Vistara at

Udaipur : SBI Card and Vistara,India’s finest full-service carrier, have joined hands to launch a one-of-its-kind premium credit card for travel savvy urban Indians.Launched in two variants, Club Vistara SBI Card PRIME and Club Vistara SBI Card, the new cardhasbeen designed to offer a rewardingtravel experience to cardholders, through unique benefits and unmatched value proposition, … Read more

Inclusion of NBFCs into IBC credit positive for banks: Moody’s

inclusion of nbfcs into ibc credit positive for banks moodys scaled

Global rating agency Moody’s Investors Service in its latest report has said that the inclusion of Non-banking financial companies (NBFCs) into the Insolvency and Bankruptcy Code (IBC) is credit positive for banks (NBFCs’ biggest source of funds) because IBC provides for the orderly resolution of a stressed NBFC company. According to the report, the close … Read more

Around 12.23 lakh jobs created in September: ESIC payroll data

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The Employees State Insurance Corporation (ESIC) in its latest payroll data has showed that around 12.23 lakh jobs were created in September 2019, lower than 13.38 lakh in the previous month. The National Statistical Office (NSO) in a report said that gross enrolments of new subscribers with the ESIC were 1.49 crore during the entire … Read more

Ugro Capital inks loan co-origination partnership with SBI

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U GRO Capital signsSME loan co-origination agreement with State Bank of Indiato facilitate broader credit outreach and faster disbursal The alliance to leverage U GRO Capital’s proprietary technology platform ‘GRO- Xstream’ to provide in-principle loan approval within 60 minutes U GRO Capital, a BSE listed, technology-enabled small business lending platform, entered into a loan co-origination … Read more

White Organic Agro launches brand e-commerce portal

White Organic Agro

White Organic Agro has launched brand e-commerce portal. The upgraded site is available for online shopping of all white organics products. With this new e-commerce portal the company aims to provide its customers an easier way to learn about different range of White Organics Products, Benefits and offers. The company also to allow the visitor … Read more

Glenmark Pharma’s arm gets final USFDA’s nod for Metformin Hydrochloride Extended-Release Tablets

Glenmark Pharmaceuticals’ subsidiary — Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Metformin Hydrochloride Extended‐Release Tablets USP, 500 mg and 1000 mg, the generic version of Glumetza Extended‐Release Tablets, 500 mg and 1000 mg, of Salix Pharmaceuticals Inc. According to IQVIA sales data … Read more

Thomas Cook completes corporate restructuring

Thomas Cook Bandra

Thomas Cook’s (India) corporate restructuring process has been completed after receiving approvals from the NCLT Mumbai and Bengaluru. The Composite Scheme of Arrangement and Amalgamation amongst TC Forex Services and Travel Corporation (India) and TC Travel Services and SOTC Travel Management and Thomas Cook (India) and Quess Corp and their respective shareholders has become effective … Read more