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Category: Business Updates

Business Updates

India’s crude oil imports – Russia, Iraq gain at Saudi Arabia’s expense in September

August 30, 2020By businessreputationdata

India’s oil imports from Riyadh in September were at around 556,185 bpd, down nearly a third from August volumes. Between January 2022 and August 2023, the import volumes averaged at over 750,000 bpd.

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Business Updates

Rupee falls 11 paise to close at 82.02 against US dollar

August 29, 2020By businessreputationdata

Kia will open the bookings for the model, which would be available in 18 trims, on July 14 and commence sales on July 25.

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Business Updates

Adani meets Sri Lankan President, proposes green hydrogen project

August 29, 2020By businessreputationdata

HUL’s shares slipped 3.1 per cent in the intraday session to touch a low of Rs 2,620 on BSE.

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Business Updates

Akasa Air announces plan to start flights from Noida international airport

August 28, 2020By businessreputationdata

In November, the country’s largest carrier IndiGo had inked a memorandum of understanding (MoU) with NIA, becoming the airport’s launch carrier.

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Business Updates

Consumerware player Cello World sets IPO price band at Rs 617-648 per share

August 27, 2020By businessreputationdata

The issue will open for public subscription on October 30 and conclude on November 1, and the anchor book of the offer will be opened for a day on October 27, according to the red herring prospectus.

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Business Updates

Sharpline stock manipulation: Sebi refuses to lift ban on 9 entities for misleading YouTube videos

August 26, 2020By businessreputationdata

Sebi said it will auction 22 properties belonging to Bishal Group of companies and NVD Solar on August 14 to recover money illegally collected from investors.

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Business Updates

Reserve Bank says 88% of Rs 2,000 notes returned to banks

August 25, 2020By businessreputationdata

The Reserve Bank said 88 per cent of the Rs 2,000 banknotes valued at Rs 3.14 lakh crore have returned to the banking system after it announced withdrawal of the high value currency notes from circulation in May.

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Business Updates

Economy to hit $5 trillion by 2026: Economist Arvind Panagariya

August 23, 2020By businessreputationdata

India is now the world’s fifth-largest economy after the USA, China, Japan and Germany.

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Business Updates

ATF prices hiked by 5% to highest this year, may push up airfares in festive season

August 22, 2020By businessreputationdata

With the latest price hike, jet fuel is now priced at Rs 1,18,199.17 per kilolitre (kl) in Delhi, Rs 1,10,592.31 per kl in Mumbai, Rs 1,26,697.08 per kl in Kolkata, and Rs 1,22,423.92 per kl in Chennai.

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Business Updates

Dubai Aerospace flags corrosion in plane leased to bankrupt Go First

August 21, 2020By businessreputationdata

Foreign lessors have been engaged in a legal tussle to repossess their aircraft after the Indian airline was granted bankruptcy protection in May, imposing an asset freeze that blocked the recovery of 50 plus grounded Airbus planes.

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