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Category: Business Updates

Business Updates

Jio can deploy 5G cell every 10 seconds, deployed 85% 5G network in India: Akash Ambani

April 27, 2020By businessreputationdata

Reliance Jio Chairman Akash Ambani said that the company has covered the entire country with a 5G network ahead of the promised time frame of December 2023.

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Business Updates

EPFO extends deadline for employers to upload details of those opting higher pension

April 25, 2020By businessreputationdata

The EPFO had kept the deadline to apply for higher pensions till July 11. Following this, it gave further three months to employers till September 30 and then another extension till December 31, while employees were given time till July 11 to submit their applications.

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Business Updates

China economic data show signs slowdown may be easing, as central bank acts to support growth

April 24, 2020By businessreputationdata

China’s factories picked up their pace and retail sales also gained momentum in August, the government reported Friday, suggesting the economy may be gradually recovering from its post-pandemic malaise.

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Business Updates

Markets continue losing rally: Sensex plunges 900 pts, Nifty ends at 18,852; Axis Bank gains post Q2 results

April 23, 2020By businessreputationdata

Axis Bank shares jumped nearly 2 per cent today after the private sector lender posted 10 per cent jump in its Q2 net profit to Rs 5,329.8 crore.

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Business Updates

BSE, NSE defer removal of Jio Financial from indices by 3 more days after shares hit lower circuit

April 23, 2020By businessreputationdata

“JFSL will now be removed from all the S&P BSE Indices effective prior to the open of trading on Tuesday, August 29, 2023.”

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Business Updates

India, New Zealand trade ministers discuss public stockholding ahead of WTO conference

April 22, 2020By businessreputationdata

Union commerce and industry minister Piyush Goyal and New Zealand’s trade minister Todd McClay discussed global trade dynamics.

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Business Updates

Oil dips on investor caution as market eyes Middle East turmoil

April 22, 2020By businessreputationdata

Oil prices eased on Tuesday after rallying more than 4% in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist group Hamas.

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Business Updates

Adani Wilmar reports Rs 131 crore net loss in Q2 on sluggish edible oil biz

April 21, 2020By businessreputationdata

Adani Wilmar, which sells edible oil and other food products under the Fortune brand, total income also fell to Rs 12,331.20 crore during the July-September period of 2023-24 from Rs 14,209.20 crore in the corresponding period of the previous fiscal.

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Business Updates

Civil aviation sector witnessing growth phase: Jyotiraditya Scindia

April 21, 2020By businessreputationdata

The Eastern Cross Taxiways (ECT), which is 2.1 kilometres long, will reduce the time spent on the tarmac by passengers after landing and before take-off of flights.

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Business Updates

Markets fall for 2nd day amid sell-off in auto, commodity stocks

April 20, 2020By businessreputationdata

Among the Sensex firms, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement, Bajaj Finserv, Asian Paints, Hindustan Unilever, Tata Motors and JSW Steel were the major laggards.

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