Amazon India on Monday said that over 91,000 small and medium-sized businesses participated in the two-day Prime Day sales which saw 209 SMB sellers becoming crorepatis in 48 hours.
State-owned Union Bank of India on Monday announced a cut in its marginal cost of funds-based lending rate (MCLR) by up to 15 basis points across various tenors, effective August 11.
Gold prices rose by Rs 238 to Rs 56,122 per 10 gram in the national capital on Monday, according to HDFC Securities.
Drug firm AstraZeneca Pharma India on Monday reported a 13.38 per cent decline in its net profit to Rs 18.63 crore for the quarter ended June.
After rallying 390.12 points during the day, the 30-share BSE benchmark pared some gains to end 141.51 points or 0.37 per cent higher at 38,182.08. The NSE Nifty climbed 56.10 points or 0.50 per cent to close at 11,270.15.
The platform is currently testing 'Swiggy Instamart 'to see how it augments the consumer promise of enabling unparalleled convenience by making grocery delivery more instant and delightful
The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential at a time when they are facing severe shortage of equity and low revenues.
Bill Gates remains optimistic that a coronavirus vaccine will be developed soon and the deadly Covid-19 will end "for the world at large by the end of 2022." Unfortunately, that end is still at least a year away, he told Wired's Steven Levy.
S&P Global Ratings on Monday said that Reliance Industries Ltd's sizable proceeds from asset monetisation over the past four months should significantly improve its credit quality.
Baba Ramdev's Patanjali Ayurved is considering to bid for the title sponsorship of the upcoming Indian Premier League (IPL), according to a company official.
Saudi Aramco is still chasing a deal to buy a $15 billion stake in Reliance Industries' refining and chemicals business, according to a Bloomberg report. While Aramco is a major supplier of crude to India, Reliance sells petroleum products, including gasoline, to the kingdom.
According to the online survey, five out of ten respondents in Delhi said that earthquakes have made them anxious to think about buying home insurance.
The Central government is considering reducing the minimum eligibility condition for gratuity payments to employees. The Centre may reduce the threshold from five years of continuous employment to between one and three years amid growing demand to make the gratuity eligibility criteria shorter.
In the previous session, the Sensex had settled just 15.12 points or 0.04 per cent higher at 38,040.57, while the Nifty rose 13.90 points or 0.12 per cent to finish at 11,214.05.
To encourage the continuation of risk cover in this difficult period, insurance behemoth LIC on Sunday said it will provide an opportunity for its policyholders to revive their lapsed policies.
Godrej Properties expects its sales bookings during the ongoing fiscal to be at an all-time high, beating the previous year's record Rs 5,915 crore despite the COVID-19 pandemic, as housing demand is consolidating towards trusted developers, a top company official said.
The format would offer a touch-and-feel product experience through a physical product display, the company said in a statement.
Homegrown short video-sharing app Chingari which came into prominence as a TikTok alternative amid anti-China sentiment in the country has raised 1.3 million (around Rs 10 crore) in a seed round led by AngelList India, Utsav Somanis iSeed, Village Global, LogX Ventures, and Jasminder Singh Gulati of NowFloats.
Billionaire Mukesh Ambani's Reliance Industries Ltd has a 15-year vision to build itself as a new energy company that aims to recycle CO2, create value from plastic waste and has an optimal mix of clean and affordable energy, analysts said.
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