Sensex ends up 0.62% at 34713.60; Nifty up 0.45% at 10617.80

Thursday, April 26, 2018

TweetThe 30-share benchmark index Sensex closed at 34,713.60, up 212.33 points on April 26, while the broader Nifty50 index settled at 10,617.80, up 47.25 points. ALSO READ:Markets end lower, Nifty below 10,600; Airtel up 3% Yes Bank and HUL were the top gainers, while Dr Reddy’s Labs, Airtel, and Lupin were the top losers. Software services exporter […]

World’s longest flight from Singapore to NY soon

Thursday, April 26, 2018

TweetSingapore Airlines is set to launch the world’s first non-stop flight with almost 20 hours in the air, by the end of this year according to reports. Singapore Airlines will operate the Airbus A350-900 ULR from Singapore to New York. Earlier, the airline used to fly the gas-guzzling, four-engine A340-500 on the 9,500-mile route, with […]

Microsoft, Amazon, Hindustan Lever most attractive employer, says survey

Thursday, April 26, 2018

TweetIndia considers Microsoft to be the most attractive employer, followed by Amazon, according to a survey done Randstad Employer Brand Research (REBR) 2018. Other employers that made it to the top ten include Hindustan Lever, IBM India, ITC group, Larsen & Toubro, Mercedes-Benz India, Samsung India, Sony India and Tata Consultancy Services. In the IT sector […]

Traffic snarls in four main Indian cities cost $22 billion

Thursday, April 26, 2018

TweetCommuters braving the traffic in Delhi, Mumbai, Bengaluru and Kolkata everyday can now put a monetary value to the loss of time and productivity because of the congestion on the roads. These cities may be losing up to $22 billion annually to traffic congestion, according to a report by the Boston Consulting Group. On an […]

Are trade concerns softening China’s stance towards India?

Thursday, April 26, 2018

TweetAfter the Trump administration came down heavily and imposed import tariffs on Chinese goods, the dragon is taking steps to insure itself against the US trade aggression. One of the steps is to look at India as a potential trade ally. Easing tensions along the border and resolving other political issues between the two countries […]

Markets end lower, Nifty below 10,600; Airtel up 3%

Wednesday, April 25, 2018

TweetThe  30-share S&P BSE Sensex ended lower at 34,501.27, down 115.37 points on April 25, while the broader Nifty50 index settled at 10,570.55, down 44 points on weaker global cues. The rupee was at a 13-month low of 66.83 against the dollar. Traders were also wary ahead of April month derivatives expiry tomorrow. ALSO READ: Markets edge up, […]

Internet to reach 7,700 railway stations in India soon

Wednesday, April 25, 2018

TweetMore than seven thousand railway station in India’s hinterland will have internet connectivity soon. Indian Railways has undertaken a one of it’s kind of digital drive to cover more than 7,700 rural railway stations in the country with wi-fi. Many urban stations under A and A1 category already have wi-fi. RailTel Corporation of India (RailTel), a subsidiary of […]

Govt sets target for banks to ramp up digital payments

Wednesday, April 25, 2018

TweetAfter it falling short of digital payments target last year by 18 per cent, the government has asked all payment companies and banks to increase 50 per cent digital transactions in the current fiscal, according to reports. Digital payments include Unified Payment Interface (UPI), Aadhaar-enabled payment system (AEPS), digital wallets, IMPS and point-of-sale (POS )terminals. […]

Indus, Infratel merged entity will be among largest tower Cos in the world

Wednesday, April 25, 2018

TweetThe much awaited merger of Indus Towers with Bharti Infratel will create the largest tower company in the world, outside of China. The tower industry is in a stage of transition in India defined by consolidation and technological changes. The combined entity will have more than one-third of the tower industry’s market share in India. […]

Markets edge up, Nifty at 10,614.35; Crude crosses $75/barrel

Tuesday, April 24, 2018

TweetThe benchmark indices edged up on April 24 with the 30-share benchmark Sensex ending at 34,616.64 up 165.87 points while the broader Nifty 50 index settled at 10,614.35 up 29.65 points. Metal and IT stocks pulled the market down while pharma and financial stocks boosted sentiment. Bharti Airtel results are awaited later today. ALSO READ: Another […]

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