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Krishna Institute reported a net profit of Rs. 79 Cr.
Business, Market News, Markets - June 11, 2019

Mutual funds shed their exposure in NBFC sector by ₹67000 crores

As soon as the liquidity crisis was unfolded in the Non-banking Financial Service (NBFC) sector, numerous mutual funds, Provident funds, banks, etc resorted towards safeguarding their portfolios. Lenders initiated to...
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Shaman and Gaggar drag Jet Airways to NCLT
Business, Market News, Markets - June 11, 2019

Shaman wheels and Gaggar Enterprises drag Jet Airways to NCLT

It seems like there is no resurrection for debt-laden Jet Airways in the near future. The airline is going down the hill day by day with troubles not leaving their...
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Titan Company Rides High on Gold: Quarterly Revenue Soars Amid Price Surge
Business, Economy - June 10, 2019

Surge in gold buying widens India's trade deficit to record $15.3 billion

The trade deficit of India surged to $15.3 billion reaching to a five-month peak in April 2019. During the same period, India's gold imports jumped over 50% and gold led...
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BMW X5 zooms in India at Rs 72.9L
Automobile Reviews, Autos, Business - June 10, 2019

BMW X5 zooms in India at Rs 72.9L

German auto firm BMW on 16th May 2019 launched its fourth generation Sports Vehicle in diesel variant. BMWX5 starts with the price of Rs 72.9 lakhs onwards in India. The...
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UGRO Capital Acquires Profectus Capital in Ambitious ₹1,400 Crore Deal
Business, Economy - June 9, 2019

CII launches Fiscal Performance Index to gauge government budgets

The Confederation of Indian Industry (CII) works to maintain the environment propitious for the development of India.   CII is an industry-managed organization, which works with the non-profit objective. It...
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Bank of Baroda to rationalise up to 900 branches post-merger
Business, Market News, Markets - June 9, 2019

Bank of Baroda to rationalize newly merged branches

On April 1, 2019, Bank of Baroda merged with Dena Bank & Vijaya Bank to become the third largest bank in India. Bank of Baroda is now next to State...
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India's unemployment rate at 6.1%, reaching a 45-year high
Business, Economy - June 9, 2019

Modi 2.0 gets new challenge. Unemployment rate climbs to 6.1%

The surge in the unemployment rate despite professed emphasis towards creating employment has sent shivers down the spine of the Indian government. BJP had promised to create employment opportunities in...
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Tata motors gets bullish on safety. Stops production of Unsafe carriers
Automobile News, Autos, Business - June 6, 2019

Tata motors gets bullish on safety. Stops production of Unsafe carriers

Mumbai headquartered Tata Motors to discontinue production of multi-seater carriers. The decision comes amidst the introduction of new safety regulations and crash norms. The implementation of the new norms will...
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Walmart’s Indian Bet: E-commerce and Sourcing Power Next Wave of Global Growth
Business, Markets - June 6, 2019

Flipkart finds itself in the discount soup. Sued by GOQii

Walmart operates in 27 countries and has the largest warehousing stores and retail corporations. Walmart began in Bentonville, Arkansas in the year 1960s. The retail chain started offering low priced...
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BRICS-backed bank plans first Indian rupee-denominated bond by end-March
Business, Economy, Market News, Markets - June 5, 2019

Will RBI give the liquidity push economy needs? 25 BPS cut on the cards.

Three times in a row, will the Reserve Bank of India (RBI) cut the rates once again? Probably yes. RBI is supposed to release the bi-monthly monetary policy on 6th...
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