SJVN ties up with NDMC to procure 150 MW solar power; stock ends higher

India Infoline News Service Jun-15-2021

SJVN plans to participate in this upcoming bidding opportunity for 1000 MW and has tied up with NDMC for procurement for power from its Solar Projects, it added.

Wipro expands partnership with Levi Strauss & Co. to support Digital Commerce

India Infoline News Service Jun-15-2021

The four-year agreement builds upon the companies existing collaboration in digital commerce, infrastructure, and finance.

Glenmark becomes one of the first firms in the UK to launch a bioequivalent version of Tiogiva

India Infoline News Service Jun-15-2021

Tiotropium Bromide DPI is a bioequivalent version of Boehringer Ingelheims Spiriva Handihaler and is used in the treatment of COPD.

Centre allocates Rs3,183cr to Andhra Pradesh under Jal Jeevan Mission in 2021-22

India Infoline News Service Jun-15-2021

This huge investment in rural areas of Andhra, will accelerate economic activities and also boost the rural economy. It will create new employment opportunities in villages.

Route Mobile gets Top Tier 1 ranking in ROCCO SMS Messaging Vendor Benchmarking Report 2021

India Infoline News Service Jun-15-2021

The recognition for the company has come in MNO Edition as well as in the Enterprise Edition.

Quick Heal Technologies subsidiary launches next-gen cybersecurity solution, Seqrite Hawkk

India Infoline News Service Jun-15-2021

In the first phase, Seqrite Hawkk will offer Seqrite HawkkEye a cloud-based centralized security management platform.

What the Top-10 mutual funds bought and sold in May 2021

India Infoline News Service Jun-15-2021

This month, we look at what the 10 biggest AMCs by total AUM bought and sold in the month of May 2021.

Franklin Templeton MF Announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes

capital market Jun-14-2021

Record date for IDCW is 18 June 2021

Mahindra Manulife Dynamic Bond Yojana Announces IDCW

capital market Jun-14-2021

Record date for IDCW is 18 June 2021

Equity fund flows flatter in May-21 as overall AUM crosses Rs33 trillion

India Infoline News Service Jun-10-2021

In May-21, the average AUM and the closing AUM touched record levels thanks to the 6.5% rally in the Nifty during the month. The closing AUM touched Rs33.06 trillion while the average AUM at close of May-21 scaled Rs33.00 trillion.

Equity mutual funds at 14-month high with net inflow of over Rs10,000cr in May

India Infoline News Service Jun-09-2021

According to the Association of Mutual Funds in India (AMFI) data released on Wednesday, equity funds saw net inflows of Rs10,082cr in May 2021 as compared with Rs3,437cr in April 2021.

Nippon India Balanced Advantage Fund Announces Dividend

capital market Jun-09-2021

Record date for dividend is 14 June 2021

Asian markets trade mixed; Crude oil prices higher

India Infoline News Service Jun-15-2021

Oil prices were higher, with international benchmark Brent crude futures up 0.26% to $73.05 per barrel. U.S. crude futures gained 0.27% to $71.07 per barrel.

European markets trade higher; U.S. stock futures little changed

India Infoline News Service Jun-14-2021

Further, U.S. stock futures were little changed in early premarket trade.

Asian markets trade mixed; Oil prices climb

India Infoline News Service Jun-14-2021

Australia, mainland China and Hong Kong markets are closed on Monday for holidays.

European markets gain as inflation fears ease

India Infoline News Service Jun-11-2021

The Euro STOXX 600 hit a record high on Friday with basic resources climbing 1.9%.

Asian markets trade mostly higher; Kospi index outperforms

India Infoline News Service Jun-11-2021

US stocks finished higher yesterday and defied higher than expected CPI print for May.

European markets trade mixed ahead of ECB Meeting, US inflation data

India Infoline News Service Jun-10-2021

Euro zone stocks fell ahead of the ECBs policy decision and its projections for euro zone economic growth and inflation.

COVID push: Indian small-town retailers going digital with business activity back to normal levels - reveals OkCredit data

India Infoline News Service Nov-04-2020

It is interesting to note that amid the Covid pandemic, remote towns are emerging as the torchbearers for the digitization of the MSME segment.

MSCI confirms it will implement new regime on FOL changes in November review

India Infoline News Service Oct-27-2020

The FOL changes are resulting from the relaxation of the Foreign Portfolio Investor (FPI) limit of Indian companies to the sectoral limit.

IFSCA Committee submits interim report on development of international retail business

India Infoline News Service Sep-22-2020

Other key business verticals, i.e., insurance, asset management, and capital markets, will be covered in reports that the committee plans to release subsequently.

US Firms optimistic approach towards investment in India & are looking at India as an engine for growth post-pandemic era

India Infoline News Service Aug-13-2020

We have steadily grown our trade relations with each other and working towards making India's vision to become a USD 5 Trillion economy in the near future.

Airtel and AWS join hands to accelerate digital transformation of businesses in India

India Infoline News Service Aug-05-2020

This collaboration brings AWS, the worlds leading cloud platform, together with Airtels deep reach and proven expertise in handling network, data centers, security, and cloud as an intergrated solution.

Sasken appoints Edwin Moses as President and COO

India Infoline News Service Aug-03-2020

I am excited to be back at Sasken, a company I regard as my alma mater and I look forward to leveraging the engineering DNA of Sasken and realize its potential to the fullest, Edwin Moses says.

CPI hits six-month high of 6.3% in May; Fuel, commodities prices to add inflationary pressures ahead

India Infoline News Service Jun-15-2021

The Consumer Food Price Index (CFPI) witnessed a sharp rise to 5.01% in May 2021 against 1.96% in April 2021.

WPI inflation hits record high in May at 12.94%; Core inflation stood at 10%

India Infoline News Service Jun-14-2021

The high rate of inflation in May 2021 is primarily due to the low base effect and rise in prices of crude petroleum, mineral oils viz. petrol, diesel, naphtha, furnace oil etc. and manufactured products as compared to the corresponding month of the previous year, as per Ministry of Commerce & Industry.

India's factory output skyrockets by 134.44% to 126.6 in April 2021

India Infoline News Service Jun-14-2021

The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for April 2021 stand at 108.0, 125.1 and 174.0 respectively.

GDP growth projected at 8.5% in FY2022: ICRA

India Infoline News Service Jun-11-2021

ICRA continues to expect a prolonged negative impact of the second wave on consumer sentiment and demand, with healthcare and fuel expenses eating into disposable income, and less pent-up/replacement demand in FY2022 relative to FY2021.

Over Rs.3.5 trillion of assets likely to get monetised through InvITs and REITs as a platform in next one year: ICRA

India Infoline News Service Jun-11-2021

Clarifications on the tax-free nature of dividend distribution from these trusts (subject to certain conditions) have also resulted in them being viewed more favourably.

Raksha Mantri Rajnath Singh invites Swedish firms to invest in defence corridors in Uttar Pradesh & Tamil Nadu

India Infoline News Service Jun-09-2021

Foreign OEMs can set up manufacturing facilities individually or partner with Indian companies through a joint venture or technology agreement to capitalise on the Make in India opportunity, he said.