Mumbai, Aug 27: The key Indian equity indices -- SP BSE Sensex and the NSE Nifty50 -- crossed the psychological marks of 36,700 points and 11,700 points for the first time on Monday before closing the day's trade just below the landmark levels.Supported by firm global cues, the Sensex and the Nifty 50 touched...
New Delhi, Aug 27: Telecom major Airtel on Monday announced free three month access of the online video streaming platform Netflix for select Airtel postpaid and V-Fiber Broadband plans.Airtel would announce details of eligible postpaid mobile and home broadband plans over the coming weeks, a statement from Airtel said. According to the statement, customers using...
New Delhi, Aug 27: Software major Tech Mahindra on Monday announced its partnership with Microsoft to create a Blockchain-based solution to fight the spam call menace.According to the Telecom Regulatory Authority of India (TRAI), unsolicited commercial communication (UCC) or spam calls are a major nuisance to telecom subscribers across the country. TRAI has been...
New York, Aug 25: US stocks closed higher as investors digested a batch of economic data.The Dow Jones Industrial Average on Friday rose 133.37 points, or 0.52 per cent, to 25,790.35. The SP 500 was up 17.71 points, or 0.62 per cent, to 2,874.69, Xinhua news agency reported. The Nasdaq Composite Index increased 67.52 points,...
Kolkata, Aug 24: Raising concern over rising non-performing assets (NPA), West Bengal Finance Minister Amit Mitra on Friday said the banking sector is facing a serious crisis on the macroeconomic front.He also said that credit availability to micro, small and medium enterprises (MSMEs) is getting squeezed as many public sector banks are restrained from...
Mumbai/London, Aug 24: Reliance Communications (RCOM) Bondholders have approved the Tender and Exchange offer of $300 million Bonds, the company said on Friday.According to the company, the offer got the approval of an overwhelming majority of over 83 per cent of Bondholders at a meeting held in London. Pursuant to the offer as approved, the...
Mumbai, Aug 24: The key Indian equity indices closed in the negative territory on Friday, tracking broadly negative cues from the global markets. Weakness in the Indian rupee also dampened the sentiments in the domestic market, analysts said.Heavy selling pressure was witnessed in the banking, capital goods and auto stocks during the day. Market sentiments...
New Delhi, Aug 24: In a partial relief to Cyrus Mistry, the National Company Law Appellate Tribunal (NCLAT) on Friday stated that Tata Sons cannot force him to sell his shares.However, the two-judge bench headed by Justice S.J. Mukhopadhyaya, declined Mistry's appeal to stay the conversion of Tata Sons into a private company. The court...
Chennai, Aug 24: Commercial vehicles major Ashok Leyland Ltd on Friday announced bagging a defence tender in the tracked vehicle space.In a statement issued here, the company -- the largest supplier of wheeled military vehicles to the Indian Army -- said it will collaborate with the Combat Vehicles Research and Development Establishment (CVRDE), Chennai...
