Kotak completes integration for GST payment
Mumbai, Aug 5 :Kotak Mahindra Bank (KMBL) on Friday announced the completion of its integration with the GST portal. KMBL is one of the first scheduled private sector banks to be integrated after the Centre permitted all banks to participate in government business last year. Kotak customers can now pay instant GST directly on the […]
Rupee down 28 paise against USD
Mumbai, Aug 4 : The Rupee on Thursday tumbled down 28 paise to 79.44 against the USD in opening trade on rising demand for the greenback by bankers and importers, dealers at the Foreign Exchange said. The domestic unit was seen weak in early trade due to firm dollar against other world currencies. The Rupee […]
India services PMI falls to four-month low in July to 55.5
New Delhi, Aug 3 : India’s services sector PMI (purchasing managers’ index) fell to four-month low in July 2022 to 55.5 showing growth momentum lost steam as a result of weaker sales growth and inflationary pressure in the previous month. The services PMI had climbed to 11-year high in June at 59.2. S&P Global, the […]
Rupee up 9 paise against USD
Mumbai, Aug 1 :The Rupee on Monday advanced 9 paise to 79.16 against the US dollar in opening trade on selling of the green back by bankers and exporters, dealers at the Foreign Exchange said. The local unit moved up in early trade due to weak dollar against other world currencies. The Rupee unit registered […]
Dr Reddy’s lab enters into a licensing agreement for OTC ophthalmic product for U.S market
Hyderabad, July 30 : Dr. Reddy’s Laboratories Limited said that it has entered into a licensing agreement with Princeton, New Jersey based Slayback Pharma LLC to acquire rights in Slayback’s Brimonidine Tartrate Ophthalmic Solution 0.025 percent, the private label equivalent of Lumify in U.S. Lumify is an Over-The-counter (OTC) eye drop that can be used […]
Sanjeevini-KSRLPS, Meesho sign MoU for empowerment of SHGs
Bengaluru, July 29 :A memorandum of understanding (MoU) between Sanjeevini-KSRLPS and e-commerce firm Meesho for the empowerment of 2,500 self-help groups in the state was signed in the presence of Karnataka Chief Minister Basavaraj Bommai. Speaking at the event, Bommai said the world will know the women’s ‘potential’ from Karnataka. The state government has launched […]
Rupee up 12 paise against USD
Mumbai, July 28 :The Rupee on Thursday jumped 12 paise to 79.77 against the USD in opening trade due to selling of the greenback by bankers and exporters, dealers at the Foreign Exchange said. The local unit improved in early trade due to a weak Dollar against other world currencies. The Rupee unit registered the […]
ICICI Lombard launches Motor Floater Insurance
Mumbai, July 27 :ICICI Lombard, one of the leading private general insurance companies, launched a slew of path breaking, innovative solutions within motor insurance aimed at further enriching the end-customer-experience. The Motor Floater offer for its customers is in line with the recent announcement made by IRDAI. It will enable those individuals owning multiple vehicles […]
Rupee falls 3 paise against USD
Mumbai, July 26 : The Rupee on Tuesday declined by three paise to 79.76 against the USD in opening trade due rising demand for the greenback by bankers and importers, dealers at the Foreign Exchange said. The local unit was weak in early trade due to a strong Dollar against other world currencies. The Rupee […]
Sensex opens marginally weak
Mumbai, July 15 :The BSE Sensex on Friday eased by 10 points at 53,406.64 in the opening session as selling was seen in energy, finance and IT stocks. The Nifty rose 6.85 points at 15,945.50. The Sensex registered the day’s high and low at 53,755.96 and 53,406.64 points respectively. The Nifty registered the day’s high […]