Technical and derivative: Markets see wild swings during the week; Nifty, Bank Nifty end the week with gains

India Infoline News Service Mar-05-2021

Let us take a glimpse into what happened in markets over this week.

Hero MotoCorp continues the 100M customers celebration with a 4-day service and exchange carnival

India Infoline News Service Mar-05-2021

The four-day service carnival provides various exchange offers to owners of Hero MotoCorp motorcycles and scooters.

Kotak Mahindra Bank appoints Dr Ashok Gulati as Independent Director for 5 years term

India Infoline News Service Mar-05-2021

Gulati is also appointed as Additional Director with effect from March 6, 2021, up to the next Annual General Meeting of the Bank.

Mohinder Pal Bansal resigns as Independent Director at Gati; Stock ends 1% up

India Infoline News Service Mar-05-2021

According to the Mohinder Pal, there are no other material reasons for his resignation.

Railway Ministry: Current hike in platform ticket prices at some stations is a 'Temporary' measure

India Infoline News Service Mar-05-2021

The clarification comes after some reports in the media regarding the price of platform tickets.

Mazagon Dock offers refrigerated truck worth Rs32 lakh to support govt's Covid vaccination drive

India Infoline News Service Mar-05-2021

MDL has gifted a refrigerated truck worth Rs32,05,000-/ to the Government Medical Stores Depot, Mumbai with the Vaccine Storage Capacity of 32 Cubic Meters.

ICICI Prudential MF Announces Dividend under three schemes

capital market Mar-05-2021

Record date for dividend is 10 March 2021

HDFC MF Announces Dividend under two schemes

capital market Mar-05-2021

Record date for dividend is 10 March 2021

Sundaram Equity Hybrid Fund Announces dividend

capital market Mar-04-2021

Record date for dividend is 05 March 2021

Edelweiss Mutual Fund Announces Appointment of Independent Director

capital market Mar-04-2021

With effect from 03 March 2021

Nippon India Interval Fund - Quarterly Interval Fund - Series III Announces Dividend

capital market Mar-04-2021

Record date for dividend is 09 March 2021

UTI Mutual Fund Announces Dividend under three schemes

capital market Mar-03-2021

Record date for dividend is 08 March 2021

Asian markets trade lower; Shanghai Composite index slips

India Infoline News Service Nov-12-2020

In Japan, the Nikkei 225 is trading at 0.68%, the Topix index was 0.66% lower, in South Korea, the Kospi shed 0.41% and shares of Australia declined and the S&P/ASX 200 dipped 0.5%.

Asian stock markets rally on vaccine hopes; Hang Seng index gains ~1%

India Infoline News Service Nov-10-2020

In Japan, the Nikkei 225 rose 0.41% while the Topix index gained 1.74%, the Kospi was about 0.3% higher.

Asian markets soar following Joe Biden's presidential election win

India Infoline News Service Nov-09-2020

Shares in Australia were also higher, with the S&P/ASX 200 gaining 1.61%.

Asian stock markets trade mostly higher wait for US election result

India Infoline News Service Nov-06-2020

South Koreas Kospi was up 0.11% and stocks in Australia advanced, with the S&P/ASX 200 up 0.83%.

US Federal Reserve holds rates near zero

India Infoline News Service Nov-06-2020

The Committee decided to keep the target range for the federal funds rate at 0 to 1/4% and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2% and is on track to moderately exceed 2% for some time.

Bank of England maintains benchmark interest rate at 0.1%

India Infoline News Service Nov-05-2020

At its meeting ending on 4 November 2020, the MPC voted unanimously to maintain Bank Rate at 0.1%.

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.

PMKY 3.0 designed to be more industry friendly & will serve the growing demand of Skilled Workforce: NSDC

India Infoline News Service Jul-27-2020

We need to reskill and up skill our workforce to suit the need of Industry 4.0 and train them on the new skill sets such as AI, Internet of Things, Big Data etc. The industry needs to promote the Recognition of Prior Learning (RPL) in a big way as this would help us to solve the problem of skill workforce requirement.

India records $67.54B FDI inflow for 9MFY21, rising by 22% yoy

India Infoline News Service Mar-05-2021

FDI equity inflow grew by 40% in the first 9 months of F.Y. 2020-21 ($51.47 billion) compared to the year-ago period ($36.77 billion).

India's merchandise exports at $27.67B in February 2021, imports rise to $40.55B

India Infoline News Service Mar-03-2021

India is thus a net importer in February 2021, with a trade deficit of $12.88B.

GST revenue collection rises 7% yoy to over Rs1.13 lakh cr in Feb 2021

India Infoline News Service Mar-02-2021

CGST collection was at Rs21,092cr, SGST at Rs27,273cr, IGST at Rs55,253cr and Cess at Rs9,525cr.

India reaches pre-Covid level, GDP rises to 0.4% in Q3; Govt estimates 8% contraction in FY21

India Infoline News Service Feb-26-2021

The ministry highlighted that the growth in real GDP during 2020-21 is estimated at -8% as compared to 4% in 2019-20.

Moody's expect India's fiscal position to remain challenging in 2021; Affiliate ICRA projects real GDP at 10.5% by FY22

India Infoline News Service Feb-26-2021

ICRA, overall, projects that real and nominal GDP will rise 10.5% and 14.5%, respectively, for fiscal 2022 as the pandemic recedes.

IATA: Airlines not expected to be cash positive until 2022

India Infoline News Service Feb-25-2021

IATA estimates for cash burn in 2021 have ballooned to the $75 billion to $95 billion range from a previously anticipated $48 billion.