Business

Reliance launches Jio Prime Membership for Rs 99 per year

Tuesday, February 21, 2017

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In another bonanza for the Jio users across the nation, Reliance Industries chairman Mukesh Ambani on Tuesday announced the Jio Prime membership for initial customers. ALSO READ:¬†WhatsApp status revamped to change the way you use the messaging app Under the Jio Prime plan, the members can avail another year of its 4G services at Rs …

Sensex climbs up 65 points in early trade

Tuesday, February 21, 2017

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The benchmark BSE Sensex rallied around 65 points in early trade today on sustained buying by funds and retail investors amid firm Asian cues. Moreover, covering-up of short positions by speculators in view of approaching monthly expiry in the derivatives segment on Thursday contributed to the rally. Rising for the fourth straight session, the BSE …

TCS appoints V Ramakrishnan as CFO

Monday, February 20, 2017

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India‘s largest software services firm Tata Consultancy Services (TCS) today appointed V Ramakrishnan as Chief Financial Officer. He succeeds Rajesh Gopinathan, who will take over as the CEO and MD of the Tata Group company tomorrow. “The Board of Directors at its meeting held on February 20, 2017, appointed V Ramakrishnan as the Chief Financial …

Sensex falls 40 points on profit booking

Monday, February 20, 2017

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Mumbai: The benchmark BSE Sensex faltered in early trade on Monday, declining by over 40 points on profit booking by investors in recent gainers amid mixed Asian cues. The 30-share barometer fell 40.24 points, or 0.14%, to 28,428.51 with metal, auto, FMCG and banking stocks trading in the red. The index had gained 313.19 points …

Insurance to see rapid growth in coming years

Saturday, February 18, 2017

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The insurance sector is growing at a rapid pace, particularly in the non-life segment. A recent focus on crop insurance would add to the momentum for three years at least, senior sector executives said at the Business Standard Insurance Round Table on Friday. However, neither were the big companies interested in growing inorganically nor were …

Work from home may increase stress, insomnia risk: UN study

Friday, February 17, 2017

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Using smartphones, laptops and other technology to work from home may help you do away with rush hour traffic, but also lead to longer working hours, higher stress and sleeping problems, according to a new UN study in 15 countries including India. “This report shows that the use of modern communication technologies facilitates a better …

Sensex bolts away, jumps 425 points on inflows, Nifty tops 8,800

Friday, February 17, 2017

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Mumbai: For the second day, the Sensex broke free on Friday, shooting up nearly 425 points, and the Nifty wrested back control of the 8,800-mark in early session on substantial gains across the spectrum, driven by increased foreign capital inflows. The 30-share barometer zoomed 424.99 points, or 1.50%, to 28,726.26. The gauge had gained 145.71 …

Tata calls upon fellow industrialists to invest in Jharkhand

Thursday, February 16, 2017

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Recalling his initial days in Jamshedpur, Tata Group patriarch Ratan Tata today said Jharkhand has great potential and called upon domestic and global corporates to seize the immense investment opportunity. “Under the Prime Minister and his government, India is on the threshold of projecting itself as a new India,” said Tata, who started his career …

Sensex recovers 109 points on global cues

Thursday, February 16, 2017

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The market benchmark BSE Sensex recovered over 109 points in early trade today on widespread gains amid a firming trend at other Asian bourses following another record closing of the US markets. The 30-share barometer was quoting 109.11 points, or 0.38 percent higher at 28,264.67. The gauge had lost 196.06 points in the previous two …

Sensex trips 69 points in early trade on weak corporate earnings

Wednesday, February 15, 2017

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The market benchmark BSE Sensex extended its losses for the second straight day, falling over 69 points in early trade today on sustained selling by investors amid disappointing corporate earnings. The 30-share Sensex fell further by 69.39 points, or 0.24 percent, to 28,269.92 with auto, realty, healthcare and consumer durables stocks leading the fall. The …

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