Mumbai (IANS) Foreign Portfolio Investors (FPI) ended their buying spree in April as they pulled out net investments worth Rs 9,659 crore from Indian equities during the month. The reversal in trend came at a time when the surging Covid cases … read more
New Delhi (IANS) Essar on Saturday said it has set up a 100-bed Covid care centre in Gujarat’s Dwarka district. Accordingly, the centre is duly equipped with oxygen support and will be operated by the Khambaliya Civil Hospital. “The centre is … read more
Mumbai (IANS) To pump up liquidity, the Reserve Bank of India will conduct a one-day ‘Open Market Operations’ on May 6 to the simultaneous purchase and sell government securities. The OMO session will see simultaneous purchase and sale of government securities … read more
New Delhi (IANS) The government has provided relief to GST taxpayers from a physical visit to tax office for verification of digital signature required on return forms. The Central Board of Indirect Taxes and Customs has allowed taxpayers to file return … read more
Mumbai (IANS) Indian companies raised funds worth Rs 14,517 crore through equity issue in February, according to SEBI data. In January, they had raised Rs 11,517 crore through equity issue in the previous month. Companies raised Rs 3,658 crore through initial … read more
New Delhi (IANS) India’s largest refiner, Indian Oil Corporation (IndianOil), on Monday said it has begun the supply of 150 MT of medical oxygen at “no cost” to various hospitals in Delhi, Haryana and Punjab. The first batch of the lifesaver … read more
New Delhi (IANS) Airline major SpiceJet on Saturday re-introduced ‘Zero Change fee’ offer for domestic network. Accordingly, the new offer entitles passengers to make changes in their ticket at least five days prior to the date of departure instead of seven … read more
Mumbai (IANS) The Indian rupee continued to depreciate for the sixth consecutive day, breached the 75 per US dollar mark amid rising cases of Covid-19 and concerns of fresh localised lockdowns. On Monday, the rupee closed at 75.05 per dollar after … read more
Mumbai (IANS) The renewables arm of Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract worth Rs 5,000-7,000 crore, to set up the Sudair Solar PV Project of 1.5 GW capacity in Saudi Arabia. In a … read more
New Delhi (IANS) Automobile major Tata Motors plans to foray into CNG fuelled passenger vehicle segment in FY22. Accordingly, few of the company’s models will be offered with a factory fitted CNG kit. At present, Tata Motors provides an option to … read more