Defying the global markets, the benchmark Sensex gained over 200 points during the afternoon trade session on Friday as financial stocks gained. In addition, the sentiments were lifted as the Indian currency strengthened by over 30 paise on Friday to trade at 69.88 per dollar, against the previous ...
US-based business process services company Conduent has completed the acquisition of software company Health Solutions Plus (HSP) for an undisclosed sum. New York-based HSP developed a healthcare payer administration software that would enable Conduent to better serve commercial and government payer clients ...
Maintaining a balance between ties with the US and Russia, talks on free trade agreements with Europe and Southeast Asia, and making the Indo-Pacific concept gain global acceptability will be among India's top foreign policy priorities in the year ahead....
Beginning his Twitter tirade in New Year, Tesla founder and CEO Elon Musk has criticized Singapore, saying the government there has been "unwelcome" to his electric car plans for the city state. Responding to one of his follower's question on why Tesla was not yet in ...
Sensex on Friday opened higher in a sharp contrast to the global markets which suffered heavy losses as slowdown concerns magnified after a weak US factory data outcome. Earlier Chinese factory data along with that of India's suggested a global growth slowdown....
The Karnataka government on Thursday agreed to give its share of the Bengaluru suburban train project cost from the state budget for fiscal 2019-20, an official statement said. "The state government will clear the city's suburban train network's detailed project report (DPR) by Sunday and allocate funds for it in its budget to be ...
Around 82 per cent of start-ups in the country are yet to receive any benefit under the Centre's Startup India initiative, a report said on Thursday. "Only 18 per cent start-ups and SMEs (small and medium enterprises) in the next poll claimed to have benefited from the Startup India Mission. This means that...
Banks struggling with the Rs 10-lakh crore non-performing assets (NPAs or bad loans) crisis are likely to recover around Rs 70,000 crore by the current fiscal-end over the Rs 80,000 crore they have already recovered through the insolvency cases resolved by the NCLT, Finance Minister Arun Jaitley said on Thursday....
Textile city Solapur in southeast Maharashtra is eying to be the country's uniform sourcing hub, said a trade official on Thursday. "We plan to have about 2,000 garment units in the textile city to become the world's uniform sourcing hub by 2022," Solapur Garment Manufacturers ...
After a massive exodus of foreign funds from the country's capital market segment in 2018, analysts anticipate a recovery in inflows on the back of robust corporate earnings and resolution of the ongoing liquidity crisis. Experts are of the opinion that foreign fund outflows last year was due to rise ...