MUMBAI: After the Reserve Bank of India superseded the board of Dewan Housing Finance, the deposit holders with overall exposure of Rs 6,000 crore are at risk of losing their savings.
Public deposits contribute 7% of the overall borrowing mix of Rs 83,900 cr… Read More
Amid all the ongoing speculation surrounding the BS6 emission norms, reports suggest that Royal Enfield Motors Ltd might discontinue all its 500 cc motorcycles as the engine upgradation cost as well as the low sales volumes do not seem practical.
The Indian … Read More
Singapore-based Artificial Intelligence human insights firm Quilt.AI has raised $9 million in Series A funding led by the Nadathur Group, a statement by Quilt.AI said on Thursday.
The firm intends to spend the money to fast track efforts to build capacity in… Read More
NEW DELHI :
Tech Mahindra, Indian IT services major, on Thursday said it has signed an agreement with Business Finland for research and development in 5G and 6G technology.
Tech Mahindra will develop, pilot and implement state-of-the-art digital products an… Read More
By Bozorgmehr Sharafedin
LONDON (Reuters) – Oil prices rose on Thursday after a Reuters’ report showed OPEC and its allies are likely to extend output cuts until mid-2020 while fresh reports emerged that China has invited U.S. negotiators for a new round of … Read More
India’s leading car manufacturer Maruti Suzuki will introduce a BS-VI petrol version of its two models, Brezza and S-Cross, before April 1, 2020, a company official has said.
The new Bharat Stage (BS) VI fuel emission norms are set to kick in from … Read More
Are Indian entrepreneurs able to shrug off worries after logging out of office? What issues haunt them the most?
In order to ensure that the firm does not lose its edge, it is not surprising that entrepreneurs are used to living under the cosh.
According to… Read More
New Delhi, Nov 21 () Nazara Technologies, an interactive gaming and sports media company, on Thursday said it is planning to invest up to USD 20 million next year in startups in India, Middle East and Africa. The company has already undertaken transactions wo… Read More
On Wednesday, the Cabinet Committee of Economic Affairs gave its approval to privatising downstream oil major BPCL and Shipping Corporation of India, along with stake sales in Container Corporation of India, THDC and NEEPCO. The government also gave its appro… Read More
The market ended November 21 marginally lower, squandering a positive start as selling pressure during the day didn’t allow the bulls to take charge of Dalal Street.
The Nifty closed at 11,968.40, with a loss of 31 points or 0.26 percent. It formed a bearish… Read More