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Author: businessreputationdata

Business Updates

Adani buys 30% in Trainman for Rs 3.5 cr

July 16, 2020By businessreputationdata

Businesses can access the geocoding functionality in the portal and the system-generated geocoded address will be displayed.

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Business Updates

Non-basmati white rice: IMF ‘encourages’ India to remove export restrictions

July 15, 2020By businessreputationdata

Qatar’s sovereign wealth fund is in talks to buy a stake in the retail arm of Mukesh Ambani led-Reliance Industries for $1 billion (Rs 8,199 crore).

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Business Updates

Discounted Russian crude imports saved Indian refiners $7 billion

July 15, 2020By businessreputationdata

According to private market intelligence firm PrivateCircle Research, BYJU’s promoters — Byju Raveendran, Divya Gokulnath and Riju Ravindran — have together sold shares worth around USD 408.53 million in 40 secondary transactions since 2015.

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Business Updates

Govt grants one-time exemption to LIC to achieve 25% MPS in 10 years

July 14, 2020By businessreputationdata

The government currently holds 96.5 per cent stake in the company.

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Business Updates

Markets snap 3 days of rally; settle marginally lower

July 12, 2020By businessreputationdata

Sun Pharma, NTPC, State Bank of India, IndusInd Bank and Axis Bank were the major gainers.

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Business Updates

Rupee falls 22 paise to close at 82.47 against US dollar

July 12, 2020By businessreputationdata

Investors preferred to stay cautious amid weak global market trends and record rally in equities. The 30-share BSE Sensex climbed 54.09 points to 65,500.13 in early trade. The NSE Nifty went up by 21.15 points to 19,419.65.

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Business Updates

Nestle says it has ‘temporarily shut down’ a production plant in Israel

July 12, 2020By businessreputationdata

Several global companies have temporarily shut some operations in Israel and asked their employees to work from home after the country came under a surprise attack by Palestinian Islamist group Hamas earlier this month.

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Business Updates

IPOs galore: 5 companies to make street debut this week; Rs 7,000 cr likely to be raised

July 11, 2020By businessreputationdata

IREDA is a government of India enterprise under the administrative control of the Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency and conservation.

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Business Updates

British economy unexpectedly grows by 0.2% in second quarter largely because of June weather boost

July 11, 2020By businessreputationdata

The Office for National Statistics said the economy expanded by 0.2% in the April to June period, compared with the three-month period.

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Business Updates

RBI, banks plan new features to boost CBDC transactions: Report

July 10, 2020By businessreputationdata

Retail CBDC transactions are averaging close to 18,000 a day, way short of the RBI’s one million-a-day target by 2023 end.

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