Business

IFC, a member of the World Bank Group, has subscribed to $35 million worth of 10-year non-convertible debentures issued by infrastructure finance company, PTC India Financial Services. The company will use the funds to boost long-term…

Extending its gains for the eighth straight session, a benchmark index of the Indian equities market remained range-bound, but managed to close in the positive zone during the trade session on Tuesday. The sensitive index (Sensex) of the…

The MNI India Business Sentiment Indicator, a gauge of current sentiment among BSE-listed companies, rose by 7.7 percent to 67.1 in June from the erstwhile 62.3 in May. In the monthly business poll, which is conducted among executives from…

Swiss International Airlines on Tuesday announced major managerial changes at the international level by appointing Ashwin Bhat as its new cargo operations head, effective October 1. According to the company, Bhat, who is currently head…

European automobile manufacturer Volkswagen on Tuesday launched the new model of its mid-size sedan Vento, which comes with the option of four engines types. "We are confident that the product will continue to appeal to our customers and…

Nokia has appointed Rupa Santosh as head of Nokia Networks' Technology Center at Bengaluru, a company statement said here on Tuesday. She took charge on June 1. The Bengaluru center is one of the largest research and development…

A day after it gained over 400 points, a benchmark index of the Indian equities market, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), was trading more than 85 points or 0.30 percent up in the mid-afternoon session on…

Over 50 kg of gold was seized by authorities from several passengers arriving in Visakhapatnam from Singapore and Malaysia, officials said on Monday. The Directorate of Revenue Intelligence seized the gold from passengers who arrived…

Continuing on an upward trajectory, a benchmark index of the Indian equities market, the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), provisionally ended the day's trade with gains of 414 points on Monday. The wider…

Deposits of non-residents (NRs) in Kerala banks have crossed Rs.1 lakh crore in the last fiscal, said a State Level Bankers Committee (SLBC) report released here on Monday. NR deposits in Kerala banks have been growing over the years.…