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The Siasat Daily English Business News

  • Business

    India Property and Quikr homes hosts 'Gruhapravesham'

    Hyderabad, 2019: India Property Online Private Limited, a Quikr company, is hosting the 136th edition of its flagship property show, Gruhapravesham, India's first series of the virtual and offline property shows on 14th and 15th December 2019, at Hitex Exhibition Centre in Hyderabad. The two-day event is inaugurated by the Chief Guests of Honor C. Shekar Reddy, Chairman, IGBC Hyderabad...

    • 2 hrs ago
  • Business

    Zomato in advanced talks to buy UberEats: Report

    NEW DELHI: The online food delivery industry in India is set for a big churn as Uber has reportedly entered advanced stages of talks to sell UberEat's India business to rival Zomato by the end of this year. According to a TechCrunch report on Monday citing sources, the deal 'currently values UberEats' India business at around $400 million'. As part of the deal, 'Uber may invest between $150 to...

    • 3 hrs ago
  • Business

    Moody's outlook for global auto makers in 2020 negative

    Chennai: Global credit rating agency Moody's Investors Service on Monday said its outlook for the global automotive manufacturers and parts suppliers is negative. In its research report Automotive manufacturers and parts suppliers - Global 2020 Outlook released on Monday, Moody's said: 'Our 2020 outlook for global automotive manufacturers and parts suppliers is negative, driven by our...

    • 4 hrs ago
  • Business

    Inhalers are right for Asthma

    New Delhi: The second chapter of the #BerokZindagi campaign launches multi-media awareness campaign 'Asthma ke liye inhalers hain sahi - #InhalersHainSahi' today. The new campaign #InhalersHainSahi focuses on generating awareness and education about asthma besides its appropriate line of treatment with inhalers and continues to inspire patients to live a barrier-free life. The campaign aims to eliminate the stigma...

    • 7 hrs ago
  • Business

    Sensex, Nifty turns red; metal stock fall

    Mumbai: Sensex slipped in the red after opening over 150 points higher during the early trade on Monday. Manufacturing company stocks like SAIL, Jindal Steel fell over 2 percent. Bank stocks also traded lower, however, global steel giant Arcelor Mittal has initiated payment for the acquisition of debt-ridden Essar Steel for Rs 42,000 crore. At 11.45 a.m., Sensex was 7.07 points at 41,002.64. It opened...

    • 7 hrs ago
  • Business

    9,653 cases resolved under IBC: Corporate Affairs Ministry

    New Delhi: Out of 21,136 applications filed, 9,653 cases involving a total amount of approximately Rs 3,74,931.30 crore have been disposed of at the pre-admission stage of Insolvency and Bankruptcy Code, 2016 (IBC) so far, said the Ministry of Corporate Affairs on Sunday. '2,838 cases were admitted into Corporate Insolvency Resolution Process (CIRP), out of which 306 cases are closed by...

    • 12 hrs ago
  • Business

    FASTags to become mandatory for vehicles from tomorrow

    New Delhi: With the time given to extend the compulsory implementation of FASTags ending on Saturday, FASTags will become mandatory for vehicles from Sunday. The Road Transport and Highways Ministry had last month postponed the compulsory implementation of FASTags at toll plazas on the National Highways to December 15. The scheme was earlier to be launched from December 1. The ministry has...

    • 22 hrs ago
  • Business

    More free-float stocks needed to reduce volatility: NSE CEO

    Mumbai: More 'Free-Float' stocks are needed to improve market depth as well as enhance liquidity in the Indian equity indices, opined a top official of the National Stock Exchange. In market parlance, free-float stock levels indicate the overall public ownership of a listed company. Historically, stock of a listed firm with large free-float size tends to be more stable, whereas, the...

    • yesterday
  • Business

    Inflation data, stagflation concerns to steer equity indices

    Mumbai: Concerns over Stagflation as well as macro-economic wholesale inflation data and global liquidity flows will determine the key equity market moves during the upcoming week, experts said. Lately, macro-data points on inflation and industrial production spooked investors as they indicated that India's economy has entered into a phase of Stagflation. This trend is marked by...

    • yesterday
  • Business

    Wipro, IISc tie up to make a 3D printer

    Bengaluru: Wipro 3D and renowned Indian Institute of Science (IISc) are collaborating to build the country's first industrial-grade metal 3D printer, the software major said on Saturday. 'The country's first 3D printing machine works on selective electron beam melting technology and offers higher build rate, better thermal management, higher density, and superior mechanical properties,' said the...

    • 2 days ago

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