New Delhi (IANS) The Confederation of All India Traders (CAIT) has asked traders to increase their stocks as people are going to buy more in the upcoming Diwali festival season. Citing a YouGov report, CAIT has said that nearly 36 … read more
San Francisco (IANS) Digital payments platform Stripe has reportedly laid off some of the employees who support TaxJar — a tax compliance startup that it acquired last year. The layoffs — conducted over the last month — are related to … read more
New Delhi (IANS) After successfully taking off on the Mumbai-Ahmedabad and Bengaluru-Kochi routes, Akasa Air, India’s newest airline, on Friday inaugurated its first service on the Bengaluru-Mumbai route, enabling it to offer twice-daily flights in each direction. Further expanding its … read more
Chennai (IANS) The four Central government owned non-life insurers are expected to implement a major organisational restructuring in less than month which would cut down their costs, free up staff for redeployment and in general improve customer service, said industry … read more
New Delhi (IANS) The IPO-bound edtech major BYJU’s, which has filed its tax returns for fiscal year 2020-21, is set to make public the audited financial statement for FY21 from global consulting firm Deloitte very soon, top sources privy to … read more
New Delhi (IANS) The industrial Internet of Things (IIoT) spending in the discrete manufacturing sector in Asia-Pacific is likely to reach $89 billion by 2025, according to a new report. Discrete manufacturing is the production of distinct items like automobiles, … read more
Mumbai (IANS) India’s foreign exchange reserves fell $897 million to $572.978 billion in the week ended August 5, according to the Reserve Bank of India’s (RBI) bulletin weekly statistical supplement. The fall was witnessed after it rose during the week … read more
Mumbai (IANS) Benchmark indices ended on a positive note on Friday, with Sensex and Nifty both rising marginally on the back of metals and oil & gas stocks. At close, Sensex ended up 130.18 points or 0.22 per cent at … read more
Mumbai (IANS) Foreign Institutional Investors (FII) have invested Rs 12,190 crore in last 10 days in the Indian equity market after remaining sellers in the last few months. However, Domestic Institutional Investors (DII) in the same period have sold stocks … read more
Mumbai (IANS) Issuances of corporate bonds rose more than 16 per cent month-on-month in July to Rs 58,452 crore due to softening of yields on these instruments. According to the data from Prime database showed, banks and companies raised Rs … read more