Tuesday, May 7 2024 | Time 20:13 Hrs(IST)
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Business Economy

YES BANK, global co EBANX announce partnership for payment processing in India

07 May 2024 | 7:16 PM

New Delhi, May 7 (UNI) India's private sector bank YES BANK, and EBANX, a global fintech company specialised in payment solutions for emerging markets, on Tuesday announced a strategic partnership for payment processing in India, for the global....

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Agri Startup Hectar Global expands into Bangladesh

07 May 2024 | 7:07 PM

Chennai, May 7 (UNI) B2B cross-border agri-trade startup Hectar Global today announced its strategic expansion into the Bangladesh market to strengthen its downstream trade capabilities.
The move is in line with Hectar’s global expansion....

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Shyam Metalics Group commences operation at recently acquired Ramsarup Plant

07 May 2024 | 6:06 PM

Kolkata, May 07 (UNI) Shyam Metalics and Energy Ltd, the metals manufacturing company, has announced the commencement of operation at recently acquired Ramsarup plant following its indirect acquisition through its wholly owned subsidiary Shyam Sel....

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Indian stock market bleeds; Sensex plunges over 383 points

Indian stock market bleeds; Sensex plunges over 383 points

07 May 2024 | 6:03 PM

Mumbai, May 7 (UNI) Snubbing the rally in the foreign bourses, India’s stock market plunged nearly 400 points as the 30-share sensex ended at 73511.85 for the day, down 383.69 points from previous close.
Foreign Institutional....

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Jindal Stainless supplies spl alloy steel in DRDO’s SMART system for Navy

07 May 2024 | 5:37 PM

New Delhi, May 7 (UNI) Integrated steel maker Jindal Stainless on Tuesday said it has developed a specialized 3mm special alloy steel to be used for structural application in the Supersonic Missile – Assisted Release of Torpedo (SMART) system, aimed....

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Rural FMCG market outgrows urban in Q1 of 2024: NielsenIQ

07 May 2024 | 4:39 PM

New Delhi, May 7 (UNI) India's fast-moving consumer goods (FMCG) sector saw rural markets outshining urban growth for the first time in five quarters during January-March quarter (Q1) of calendar year 2024, leading consumer intelligence company....

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Rupee falls 2 paise against USD

Rupee falls 2 paise against USD

07 May 2024 | 4:38 PM

Mumbai, May 7 (UNI) The Rupee on Tuesday declined 2 paise to close at 83.51 against the USD on rising demand for US Dollar by bankers and importers, dealers at the Foreign exchange said.
No major fluctuation was seen during the day as the....

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Sensex down 383.69 pts

Sensex down 383.69 pts

07 May 2024 | 4:36 PM

Mumbai, May 7 (UNI) The BSE Sensex on Tuesday dropped 383.69 pts to settle down 73511.85 as selling was seen in Metal, Realty, Power and Oil and Gas stocks despite firm global market amid hope's of rate cuts this year.
The National....

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Route Mobile Limited announces Q4 FY24 & FY24 results

07 May 2024 | 11:09 AM

New Delhi, May 7 (UNI) Route Mobile Limited (“Route Mobile”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players, and mobile network operators, has announced its financial results for the fourth....

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Rupee opens flat against USD

Rupee opens flat against USD

07 May 2024 | 11:08 AM

Mumbai, May 7 (UNI) The rupee on Tuesday was seen unchanged at 83.49 against USD in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
The rupee recorded intraday highs and lows at 83....

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Sensex falls over 200 points

Sensex falls over 200 points

07 May 2024 | 11:07 AM

Mumbai, May 7 (UNI) The BSE Sensex on Tuesday slipped 285.75 points at 73609.79 in opening session as selling was seen in Telecommunications, Utilities and Auto stocks.
The National Stock Exchange (NSE) declined 80.85 points at 22,361....

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USD. Euro, Pound up; Yen down

07 May 2024 | 10:15 AM

Mumbai, May 7 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.


CURRENCY NAME BUY SALE
UAE DIRHAM ....

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Coromandel increases shareholding in Ecozen

06 May 2024 | 11:02 PM

Hyderabad, May 6 (UNI) Coromandel International Limited, India’s leading agri-solutions company, announced on Monday it is increasing its investment in Ecozen, a pioneering climate-smart technology solutions provider.
The Rs 24 crore investment....

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American Brew Crafts acquires Denzong Brewery in Odisha to fuel Eastern India Expansion

06 May 2024 | 10:42 PM

Hyderabad, May 6 (UNI) American Brew Crafts Pvt. Ltd. (ABCL), a leading brewing company renowned for its exceptional brews, announced on Monday its recent acquisition of Denzong Brewery, located in Odisha.
ABCL intends to invest about Rs. 80....

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IndiGo orders 30 Airbus A350 widebody aircraft

06 May 2024 | 8:29 PM

Kolkata, May 6 (UNI) IndiGo has placed a firm order for 30 Airbus A350-900 aircraft.
The order will help expand IndiGo’s international network to long-haul destinations, according to a media statement on Monday.

India, the world’s....

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