[ad_1] Mumbai: UBS has cut target price of banks by 5-41% as it believes risk-reward remains unfavorable in the sector while risks to collections and credit culture are rising. The brokerage has downgraded its rating on HDFC Bank to neutral from buy and cut target price on it to Rs …
Read More »Mega Jio-Facebook deal could have Paytm shaking in its UPI boots
[ad_1] Facebook’s WhatsApp, which has been working to obtain regulatory approval for payment services in India, is preparing for a full rollout of those services in June, according to a source familiar with the matter. The partnership with Reliance, announced on Wednesday, will give WhatsApp an internal track on payments …
Read More »Bajaj Platina 110 H Gear BSVI released at Rs 59,802
[ad_1] The BSVI variant of the Bajaj Platina 110 H Gear is priced at Rs 59,802 (ex-showroom), powered by a 115.45cc single cylinder engine producing 8.6 PS and 9.81 Nm Bajaj Auto Ltd, the Pune-based manufacturer of homegrown motorcycles, launched the BSVI Bajaj Platina 110 H Gear at a price …
Read More »Flipkart resumes sale of fans and books despite MHA directives
[ad_1] BENGALURU / NEW DELHI : E-commerce firm Flipkart resumed selling electric fans, educational books and stationery such as pens on Friday after the new directive from the Ministry of Internal Affairs (MHA) on April 21, which allowed ‘shops’ for electric fans and student books to operate. A senior official …
Read More »Mindtree Q4 results: net profit jumps 3.9% yoy to Rs 206 crore; company announces dividend of Rs 10 per share
[ad_1] New Delhi: Mindtree reported on Friday a 3.9% year-on-year (year-on-year) increase in net consolidated profit to Rs 206.2 million for the fourth quarter ending March 31. The company had reported a profit of Rs 198.4 million in the corresponding quarter last year. The company’s consolidated net income increased by …
Read More »Anand Mahindra is surprised by the social distancing in Tuk Tuk: I need him as an advisor
[ad_1] To maintain social distance during the new coronavirus outbreak, people have come up with innovative ideas. The internet is full of videos and images of such creations, and today Anand Mahindra also turned to Twitter to share a clip of it. The clip Mahindra posted featured the vehicle of …
Read More »Bitcoin (BTC) price points to $ 8,000 as price action Very bullish: trader
[ad_1] Yuri Molchan While Bitcoin is holding at $ 7,532, traders are trying to see what BTC’s next move will be. Some expect the crypto king to continue north, but perhaps not immediately Content “Bitcoin heads to $ 8,080” ‘BTC bull run is underway’ After the price of Bitcoin rose …
Read More »4 million Crore Indians could be without mobile phones by the end of May if curbs are not lifted: ICEA
[ad_1] An estimated four million mobile phone users in the country will be without phones due to glitches and failures in late May if restrictions on the sale of phones and parts continue, an industry body said on Friday. Currently, it is estimated that more than 2.5 million mobile phone …
Read More »Mobile Phones Users: 4 crore users may be without mobile phones by May-end if curbs not lifted: ICEA | India Business News
[ad_1] NEW DELHI: An estimated 4 crore mobile phone users in the country are expected to be without handsets due to faults and breakdowns by May-end if restrictions on the sale of handsets and spare parts continue, an industry body said on Friday. At present, more than 2.5 crore mobile …
Read More »What caused the drop of 500 points in Sensex today and the key levels to consider
[ad_1] Indian stock markets fell sharply today, dragged down by financial stocks after a major fund house said it would close some funds. The Sensex closed with more than 500 points at 31,327, closing the week approximately 1% lower, while Nifty finished 1.71% lower with 9,154. Global markets were also …
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