Business

 VoV Web Desk

Sensex opens over 150 points higher, NIfty over 10,300-mark

Sensex opens over 150 points higher, NIfty over 10,300-mark

The benchmark equity indices on the BSE and National Stock Exchange (NSE) opened higher on Monday led by gains in pharmaceutical and banking stocks. At 9:17 am, the S&P BSE Sensex was at 34,906.87, up 175.14 points (0.50 per cent), while the Nifty 50 was at 10,311.80, up 67.40 points (0.66 per cent). On the […]

 VoV Web Desk

Reliance is net-debt free after Rs 1.69 lakh crore fund raising: Mukesh Ambani

Reliance is net-debt free after Rs 1.69 lakh crore fund raising: Mukesh Ambani

Billionaire Mukesh Ambani on Friday said his flagship firm Reliance Industries is now net-debt free after a record Rs 1.69 lakh crore fund raising in under two months. In a statement, Ambani said Reliance raised Rs 1.15 lakh crore from global tech investors by selling a little less than a quarter of the firm’s digital […]

 VoV Web Desk

Rupee settles on a flat note, up 2 paise at 76.14 against US dollar

Rupee settles on a flat note, up 2 paise at 76.14 against US dollar

The rupee settled on a flat note, registering a rise of just 2 paise to 76.14 (provisional) against the US dollar on Thursday, tracking weak US dollar and gains in the domestic equity market. Forex traders said rupee was trading in a narrow range as positive domestic equities and weak US currency supported the local […]

 VoV Web Desk

Chinese firms to lose India business in Railways, telecom

Chinese firms to lose India business in Railways, telecom

As tensions run high after the violent clash in Ladakh that left 20 Indian soldiers dead, a first set of actions have been initiated against Chinese businesses in the country. A Chinese engineering major is set to lose a significant contract with the Indian Railways, and the Department of Telecommunications (DoT) has conveyed to state-owned Bharat […]

 VoV Web Desk

Rupee recoups losses, settles 4 paise higher at 76.16 against US dollar

Rupee recoups losses, settles 4 paise higher at 76.16 against US dollar

The rupee pared early losses and provisionally settled 4 paise higher at 76.16 against the US dollar on Wednesday tracking gains in the domestic equity market and weakening US dollar. According to forex traders, border tension with China, foreign fund outflows and concerns over rising Covid-19 cases are weighing on investor sentiment. The rupee opened […]

 VoV Web Desk

Petrol Price Hiked For Ninth Straight Day; Sees Cumulative Increase Of Rs 5

Petrol Price Hiked For Ninth Straight Day; Sees Cumulative Increase Of Rs 5

Petrol price on Monday was hiked by 48 paise per litre and diesel by 23 paise a litre as oil companies for the ninth day in a row adjusted retail rates in line with costs since ending an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 76.26 per litre from […]

 VoV Web Desk

India, China ‘Properly Handling’ Border Issue, Taking Actions To Ease Situation: Chinese Foreign Min

India, China ‘Properly Handling’ Border Issue, Taking Actions To Ease Situation: Chinese Foreign Min

China and India are “properly handling” and taking actions to ease the situation at the border based on the “consensus” reached recently during their diplomatic and military level talks, a senior Chinese official said on Thursday. The Chinese Foreign Ministry spokesperson’s remarks came a day after the Indian and Chinese military commanders held “productive” talks […]

 VoV Web Desk

Financial Brunt Of Covid-19: Fear Of Uncertain Future Grips Investors

Financial Brunt Of Covid-19: Fear Of Uncertain Future Grips Investors

At the end of the 78th day of the nationwide Covid-19 lockdown, the feeling of uncertain economic and financial future has gripped majority of the citizens. This was revealed in a survey carried out by IndiaLends, a digital lending platform earlier this month. The nationwide survey of nearly 5,000 respondents threw up no surprises: 94 per […]

 VoV Web Desk

Lenovo sees increased demand of laptops, ‘users going up value chain’

Lenovo sees increased demand of laptops, ‘users going up value chain’

The sudden shift to work from home and remote learning during the coronavirus pandemic have resulted in increased demand for laptops between Rs 32,000 and Rs 52,000 in India, according to Lenovo. “We are seeing the biggest traction in the Rs 32,000 to Rs 52,000 price bracket which covers the mainstream laptop segment,” Shailendra Katyal, Executive Director and Head […]

 VoV Web Desk

India stares at a long road to economic revival

India stares at a long road to economic revival

Small businesses in industrial enclaves across India are confronting the harsh new realities of a post-Covid world as they count their losses from the pandemic and the subsequent lockdown . Cash is short. Supply lines are frayed. Export markets are shut. And workers have vanished. “How do you restart business without labour? They are all […]

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