nandinisingh

Naspers leads $1 billion round in Swiggy, valuing at $3.3 billion

Swiggy, the online food delivery company, raises $1 billion in Naspers Ltd led mammoth funding round, marking what is by far the biggest ever funding round in the country’s booming food-tech sector. It is valued at $3.3 billion becoming country's fifth...

Indian Oil ₹4,435 crores buyback open; Should you sell or hold?

India's largest commercial oil company, Indian Oil Corporation Limited, has announced on December 13 buyback of up to 29.76 crore equity shares at ₹149 per share aggregating to ₹4,435 crores, which is now open. The government is looking to bridge the budgetary...

Niti Aayog keen to increase tax on tobacco, alocohol

Niti Aayog, the Think Tank of India, has suggested measures to hike taxes on tobacco, alcohol, and sweetened beverages. Also, it stressed making regular Yoga in schools. In its 'Strategy for New India @75' document released on Wednesday, the National...

Government to seek interim dividend from RBI: Economic Affairs Secretary

The Economic Affairs Secretary, Subhash Chandra Garg, has said the government will seek interim dividend payout from the central bank. Garg said it is premature to comment on the quantum of the dividend to be paid as the Reserve Bank...

Reliance, Saudi Arabia in talks for petrochemicals and refinery project

Saudi Oil Minister Khalid al-Falih has said that Saudi Arabia and Mukesh Ambani's Reliance Industries are discussing joint investment in petrochemicals and refinery projects. Ambani and Khalid have known each other for over a decade now. Khalid flew down to...

Government keen on bringing 99% items under sub-18% GST slab : PM

Prime Minister Narendra Modi, addressing the Republic Summit today, said that his government is working towards achieving the goal of bringing 99 percent things used by a common man under the sub-18 percent GST slab. "Today, the GST system has...

RBI credit rating might downgrade due to excess reserve transfer: Raghuram Rajan

Former Reserve Bank of India (RBI) governor, Raghuram Rajan, has cautioned that transfer of excess reserve to the government might lower the ratings of the central bank. Lowering of ratings from 'AAA' would make borrowings costlier and have further implications...

Owing to the new tariff rules, DTH services, cable prices may get costlier soon

The rates of cable services or DTH services may get costly after a new regulation to be effective from January 1, 2019. The Telecom Regulatory Authority of India's (TRAI) new tariff order provides the consumers with the opportunity to select...

Government banks in search of new talent; Might hire 100,000 to expand and grow

Public Sector Banks (PSBs), such as the State Bank of India, Canara Bank, Bank of Baroda and Syndicate Bank, are planning to recruit about 1 lakh employees this financial year. The banks are working towards adapting in the rapidly growing...

Digital payments and card transactions flourish in October due to festive day sales

October witnessed a spike in the digital payments as card transactions increased, as well as, the amount paid. This could be credited to the festive season sales across e-commerce websites and retail outlets. The Reserve Bank of India (RBI) released...

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Joe Biden shakes off allegations, starts afresh

Boston, Oct 15 (IANS) As the key trinity of Democratic candidates socialist Bernie Sanders, capitalist Elizabeth Warren and centrist...

Cara Delevingne says she’s the ‘luckiest girl’

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Rihanna stumped by pregnancy query in interview

Los Angeles, Oct 15 (IANS) Vogue editor-in-chief Anna Wintour shocked Rihanna with a blunt question on whether the pop diva was planning to "have...

Finnish PM says all Brexit alternatives “still possible”

Helsinki, Oct 15 (IANS) Finnish Prime Minister Antti Rinne said in Helsinki that the "situation after Brexit is very open", Finnish News Agency STT...

Dutch royals visit waste water treatment project

New Delhi, Oct 15 (IANS) An Indo-Dutch collaboration on successfully treating waste water on a stretch of the Barapullah Drain to make it fit...