Housing sales across seven major cities in the country fell 35 per cent year-on-year to 50,983 units during the July-September period even as the demand recovered post lockdown, according to data analytics firm PropEquity.
Equity benchmark Sensex dropped over 100 points in opening trade on Wednesday tracking losses in financial stocks amid weak cues from global markets. The 30-share index was trading 100.60 points or 0.25 per cent lower at 39,473.97, and the NSE Nifty fell 23.45 points or 0.20 per cent to 11,638.95.
The flight operations at the Pune airport will remain shut during night for a year due to recarpeting work of runway, airport authorities said on Tuesday.
Prior to being appointed as Chairman of the bank, Khara was the Managing Director (Global Banking & Subsidiaries) of the bank, and in this role, led and steered the International Banking Group, Corporate and Treasury operations of the bank.
Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.
The government on Tuesday appointed SBI's senior-most Managing Director Dinesh Kumar Khara as the chairman of the country's largest lender.
The government on Tuesday said it has cleared 16 proposals from domestic and international companies entailing investment of Rs 11,000 crore under the production linked incentive (PLI) scheme to boost large-scale electronics manufacturing in the country as a part of the its Atmanirbhar Bharat initiative.
India's largest telecom operator Reliance Jio has partnered USP Studios, a content creator for kids, to strengthen the platform's offering for children. These include Kids First, Kids TV India, Junior Squad Kid Songs, Top Nursery Rhymes, Kids Channel India, Bob The Train, Little Treehouse Rhymes, and Farmees Nursery Rhymes.
The drop in sales of its commercial vehicles and Daewoo range was higher at 29 per cent (56,614 vehicles) during the second quarter of FY2021 as compared to passenger vehicles sales, which declined 9 per cent (1,46,259 units) over the second quarter of the previous fiscal, according to a release.
Gold prices rose by Rs 454 to Rs 51,879 per 10 gram in the national capital on Tuesday amid rupee depreciation, according to HDFC Securities.
Domestic equities rallied for the fourth successive session on Tuesday on account of broad-based buying by participants amid positive global cues.
The Reserve Bank of India will announce the monetary policy on October 9 as the Monetary Policy Committee (MPC) will meet during October 7-9.
Westlife Development, which operates McDonald's restaurants in the southern and western region in India, on Tuesday said it is re-starting the dine-in operations in Maharashtra after remaining shut for over six months due to COVID-19.
Uber announced on Tuesday it has expanded its 'Uber for Business' product offering by launching two new services for helping businesses support their employees' daily commute.
Mahindra & Mahindra on Tuesday said its all-new Thar SUV has crossed 9,000 units of bookings since its launch on October 2.
The appointment has come after the government faced widespread criticism over failing to act on time to appoint an external panel to the Monetary Policy Committee (MPC).
Equity benchmarks Sensex and Nifty piled on gains in the opening session on Tuesday as investors indulged in wide-spread buying taking cues from positive global sentiment. The BSE gauge Sensex surged 366.76 points or 0.94 per cent to 39,340.46 in early trade.
The country's largest lender State Bank of India is actively looking to hive off its digital platform Yono into a separate subsidiary, its chairman Rajnish Kumar said.
Billionaire Mukesh Ambani on Monday pitched for the government framing new regulation to protect data and ensure data privacy, saying nations will increasingly compete on digital capital in the coming decades.
The GST Council on Monday decided to extend the surcharge on taxes over luxury goods such as cars, and tobacco products beyond June 2022.
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