The issue price of the next offering of the Sovereign Gold Bond (SGB) scheme opening on Monday has been fixed at Rs 2,961 per gram, according to a statement. For the SBG subscription during November 27-29, the issue price has been fixed at Rs 2,961 per gram, with settlement on December 4, said a statement here from the Finance Ministry....
After Google reportedly confirmed the practice of gathering location data from Android devices even when the service was disabled by users, regulators in South Korea summoned representatives of the tech giant this week for questioning. Data protection officials in Britain are also looking into the matter, CNNMoney reported on Friday. The prob...
Smartphone transactions hit a record high in the US on Black Friday as shoppers thronged retail stores as well as went online to celebrate. According to Adobe Digital Insights mobile transactions were "hitting record highs". Black Friday follows Thanksgiving Day that is observed on the fourth Thursday of November, heralding the Christmas shop...
Value buying in consumer durables, oil and gas as well as IT stocks lifted the key Indian equity indices on Friday although profit booking in metals sector capped the gains. The wider Nifty50 of the National Stock Exchange (NSE) provisionally closed (at 3.30 p.m.) higher by 44.65 points or 0.43 per cent at 10,393.40 points. The barom...
The Congress on Friday asked how Union Minister Nitin Gadkari had permitted the Shipping Ministry as well as PSUs to participate in and financially contribute to a company partly owned by his personal secretary Vaibhav Dange. The opposition party also raised the point of conflict of interest vis-a-vis Gadkari. According to reports, Dange ...
A 300-tonne massive jade stone, discovered in Myanmar's Kachin state and cut into pieces, will be sold at the Gem Emporium here in December, authorities said on Friday. Local and foreign experts are being invited to assess the price of the jade stone, reports Xinhua news agency. The stone was unearthed in October 2016 at the Mat Lin Chaung mine. Sto...
Mahindra and Mahindra (M&M) on Friday said it will collaborate with ride-hailing company Uber to deploy electric vehicles (EVs) on Uber's platform in several cities across India. The companies will deploy hundreds of EVs in New Delhi and Hyderabad to begin with, the automobile major said in a filing to the BSE. According to the compa...
Chinese smartphone maker OnePlus on Friday said it sold out its newly-launched OnePlus 5T within five minutes of the special one-hour preview sale on Amazon. "We have seen unprecedented customer response to the early access sales, in India as well as globally. Hundreds of fans stormed our 'Experience Stores' in Bengaluru and Delhi," Vikas Agarwal, General Manager...
The two major unions in the banking sector - All India Bank Employees' Association (AIBEA) and All India Bank Officers' Association (AIBOA) - on Friday announced sector wide strike on December 27 in support of wage revision in IDBI Bank. In a joint statement issued here, the two unions said they have been taking up the matter repeate...
Value buying in consumer durables, IT and auto stocks lifted the key Indian equity indices during the mid-afternoon session on Friday despite weak global cues. According to market observers, index heavyweights like Infosys, Mahindra & Mahindra, Bajaj Auto and Power Grid (on BSE) added to the upward trajectory. At 1 p.m., the wider Nifty50 ...
