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Business & economy, industries, companies, technologies and MNCs – News

EPCH seeks govt intervention for relief from high freight charges

Aug 18, 2022

August 18, 2022, New Delhi – Handicrafts sector plays a prominent role in the country’s economy by earning much needed foreign exchange through exports and also generating substantial employment for craftsperson’s. This decentralized sector has buyer driven overseas markets which demand innovative and quality products. The pandemic has disrupted…

Reserve Bank of India cancels the licence of Deccan Urban Co-operative Bank Ltd., Vijayapur,…

Aug 18, 2022

Today, the Reserve Bank of India (RBI), vide order dated August 17, 2022, has cancelled the licence of “Deccan Urban Co-operative Bank Ltd., Vijayapur, Karnataka”. Consequently, the bank ceases to carry on banking business, with effect from…

Mumbai

RBI imposes monetary penalty on Obopay Mobile Technology India Private Limited

Aug 18, 2022

The Reserve Bank of India (RBI) has imposed monetary penalty of ₹5,93,000/- (Rupees five lakh ninety-three thousand only) on Obopay Mobile Technology India Private Limited (the entity) for non-compliance with certain provisions of the…

Mumbai

Underwriting Auction for sale of Government Securities for ₹33,000 crore on August 19, 2022

Aug 18, 2022

Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on August 19, 2022.

Business

OPPO Launches ColorOS 13 Global Version Featuring Brand-new Aquamorphic Design and Intelligent…

Aug 18, 2022

New Delhi, 18 August 2022 — OPPO has officially released the global version of its operating system. One of the first operating systems based on the newly released Android 13, ColorOS 13 sports a brand-new Aquamorphic Design—with a…

Business

India can reduce imports from China by 40 per cent: PHD Chamber

Aug 18, 2022

New Delhi, August 18: India has the potential to reduce imports from China by around 40 per cent in the coming years, according to an analysis conducted by industry body PHD Chamber of Commerce and Industry. India holds the immense…

New Delhi

STEM CONFEX INDIA 2022, showcasing innovative educational tools & technologies, set to open on…

Aug 17, 2022

The first-ever edition of STEM (Science, Technology, Engineering, Mathematics) CONFEX 2022 is all set to commence from August 26th to 28th, at the India Expo Mart in Greater Noida, Delhi NCR.

Business

Sensex reclaims 60,000-point mark; rallies 418 points

Aug 17, 2022

August 17, Mumbai: The benchmark Sensex in India reclaimed 60,000 points for the first time in over four months on Wednesday, thanks to strong buying support in financial, information technology, and energy stocks. The 30-stock S&P…

Business

Sensex Surges For Sixth Day amid jump in Auto, Energy Stocks

Aug 16, 2022

August 16, Mumbai: The benchmark Sensex in India rose 379 points on Tuesday, powered by robust buying support in auto, energy, infrastructure, and banking companies on bullish global signals. The 30-stock S&P BSE Sensex rose 379.43…

Business

Industry body FICCI welcomes PM Modi’s ‘Panch Prans’ for next 25 years5

Aug 15, 2022

New Delhi, August 15: Industry body FICCI welcomed Prime Minister Narendra Modi's five pledges 'Panchprana' development strategy announced for the next 25 years. Prime Minister Modi during his speech from the ramparts of Red Fort called…

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