BUSINESS

Udaipur : HDFC Life Insurance Company, one of India’s leading life insurers has announced the launch of its latest product HDFC Life Sanchay Par Advantage, a non-linked, participating life insurance plan that provides a holistic solution to customers’ needs by generating a regular lifelong income and also providing protection for ... Read More »

The Group of Secretaries (GoS) comprising Secretary, Textiles, Commerce, Financial Services, Chemicals & Petrochemicals and Revenue has done the assessment for the growth of Man Made Fibre (MMF) sector and entire value chain. The recommendations of GoS are as under: The Group of Secretaries noted the decision of the GST ... Read More »

In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that the Government of India has undertaken 55 rail projects worth Rs. 45883.2 crore and 15 projects worth Rs. 2899 Crore for enhancing port ... Read More »

In a written reply to a question in Lok Sabha today the Minister of State for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya informed that to promote shipbuilding in Indian shipyards, the Government of India has on December 9, 2015 approved New Shipbuilding Financial Assistance policy for Indian ... Read More »

As per RBI data credit exposure to the textiles sector increased to Rs. 203549 crores during March 2019 from Rs. 196818 crores during October 2018 which declined to Rs. 187677 crores during October 2019. Bank credit record 8.4% year on year growth (October 2019/October 2018) for Jute Sector, 9.5% year ... Read More »

We are proud that Hindustan Zinc has championed in terms of Voluntary Disclosure Index by scoring 10/10 and securing its place among Top 5 Companies in India. FTI Consulting, Inc. has released its Asia Disclosure Index 2019, which tracks corporate disclosure practices amongst 330 publicly listed corporations across eight jurisdictions ... Read More »

Union Bank of India is currently trading at Rs. 54.10, up by 0.20 points or 0.37% from its previous closing of Rs. 53.90 on the BSE. The scrip opened at Rs. 53.75 and has touched a high and low of Rs. 55.10 and Rs. 53.75 respectively. So far 335433 shares ... Read More »

State Bank of India (SBI) is currently trading at Rs. 312.35, down by 1.10 points or 0.35% from its previous closing of Rs. 313.45 on the BSE. The scrip opened at Rs. 311.75 and has touched a high and low of Rs. 315.60 and Rs. 308.10 respectively. So far 1248645 ... Read More »

Pointing sluggish demand in the steel sector, credit rating agency, ICRA in its latest report has said that domestic steel demand fell 1.8 per cent during the first two months of the third quarter of the current financial year (October-November) to 15.4 million tonnes (mt) as compared to 15.7 mt ... Read More »

In order to enhance the ease of doing business, Secretary, Union Ministry of New & Renewable Energy (MNRE), Anand Kumar has said that the government is committed to managing curtailments in the renewable energy sector. He also noted that the Ministry is working with farmers and Commercial & Industrial (C&I) ... Read More »

Infosys is currently trading at Rs. 714.90, up by 0.65 points or 0.09% from its previous closing of Rs. 714.25 on the BSE. The scrip opened at Rs. 715.50 and has touched a high and low of Rs. 722.75 and Rs. 713.40 respectively. So far 49398 shares were traded on ... Read More »

Jindal Steel & Power (JSPL) is currently trading at Rs. 143.70, up by 2.65 points or 1.88% from its previous closing of Rs. 141.05 on the BSE. The scrip opened at Rs. 143.45 and has touched a high and low of Rs. 144.45 and Rs. 142.00 respectively. So far 222173 ... Read More »

Transwarranty Finance is currently trading at its upper circuit limit of Rs. 4.50, up by 0.75 points or 20.00% from its previous closing of Rs. 3.75 on the BSE. The scrip opened at Rs. 4.22 and has touched a high and low of Rs. 4.50 and Rs. 4.22 respectively. So ... Read More »

HDFC Bank is currently trading at Rs. 1252.55, up by 2.80 points or 0.22% from its previous closing of Rs. 1249.75 on the BSE. The scrip opened at Rs. 1252.50 and has touched a high and low of Rs. 1254.00 and Rs. 1213.15 respectively. So far 42553 shares were traded ... Read More »

IDBI Bank is currently trading at Rs. 34.00, up by 0.50 points or 1.49% from its previous closing of Rs. 33.50 on the BSE. The scrip opened at Rs. 33.90 and has touched a high and low of Rs. 34.45 and Rs. 33.80 respectively. So far 62332 shares were traded ... Read More »

Wipro is currently trading at Rs. 238.45, up by 0.30 points or 0.13% from its previous closing of Rs. 238.15 on the BSE. The scrip opened at Rs. 236.50 and has touched a high and low of Rs. 239.70 and Rs. 236.50 respectively. So far 18360 shares were traded on ... Read More »

Central Electricity Authority (CEA) in its latest data has showed that India’s power demand dropped 4.3% in November 2019 from a year ago, representing the fourth straight month of decline, potentially reflecting a worsening industrial slowdown which has stifled overall economic growth. Data showed that electricity demand fell to 94.60 ... Read More »

Global rating agency, Fitch Ratings in its latest report has said that India’s non-banking financial companies (NBFCs) will go for offshore financing in 2020 as funding conditions within the local market will continue relatively tight for NBFCs overall, though some improvement since the failure of Infrastructure Leasing & Financial Services ... Read More »

Kimia Biosciences has been granted ‘Site certificate under WHO-GMP certification Scheme’ by State Drug Controller Haryana, Food and Drug Administration Haryana Panchkula for complying with Goods Manufacturing Practices for Pharmaceutical products for Starting materials namely ‘Active pharmaceutical Ingredients(API) Bulk Drugs’ for Categories- ‘Non Beta Lactum’ for Production, Packing and Quality ... Read More »

Majesco has released version 11 for the Majesco Distribution Management platform. This release highlights Majesco’s continued strategic investment in the distribution management solution to enable insurers to optimize their distribution channels with rich digital, distribution and data capabilities. Some key elements includes Multi-Channel Enablement, Compensation Schemes, Enhanced Onboarding and Compliance, ... Read More »