Business

 KA Web Desk

TVS Accessories scales up biz, re-brands as myTVS

TVS Accessories scales up biz, re-brands as myTVS

New Delhi, Feb 11: TVS Accessories, which recently re-branded from Jazzmyride, has scaled up the auto accessories business in India by launching a private label, “myTVS”. They were also a part of Auto India Expo 2018, held at Pragati Maidan, here where great variety of products were displayed and offered. myTVS offered a wide variety […]

 KA Web Desk

Fiscal situation will be comfortable next financial year: Jaitley

Fiscal situation will be comfortable next financial year: Jaitley

New Delhi, Feb 10 : Finance Minister Arun Jaitley on Saturday said the fiscal situation should be comfortable next financial year and government would be able to meet the revenues targets. Addressing a press conference after meeting RBI’s board in a customary post-Budget exercise, Jaitley also said that there are no worries at the moment […]

 KA Web Desk

Rupee falls by 14 paise against USD

Rupee falls by 14 paise against USD

Mumbai, Feb 9 : The Rupee on Friday slipped by fourteen paise to 64.39 versus the US Dollar in early trade on rising demand for US Dollars by bankers and importers, dealers at Forex Market said. The local unit eased in early trade on increased demand for the American currency from importers and banks along […]

 KA Web Desk

Lupin launches generic Kapvay tablets in US

Lupin launches generic Kapvay tablets in US

Mumbai, Feb 09: Pharma major Lupin announced the launch of its Clonidine Hydrochloride extended-release tablets, 0.1mg, having received an approval from the United States Food and Drug Administration (FDA) earlier. Lupin’s Clonidine Hydrochloride ER tablets is the generic equivalent of Concordia International Corp’s Kapvay tablets. It is indicated for the treatment of attention deficit hyperactivity […]

 KA Web Desk

Renewed buying pushes Sensex up by 330.45 pts after week’s slide

Renewed buying pushes Sensex up by 330.45 pts after week’s slide

Mumbai, Feb 8 : The benchmark index of Bombay Stock Exchange (BSE) recovered on Thursday by 330.45 points to end positive at 34,413.16, snapping the losing streak of last seven days, due to fresh buying in select stocks such as Health Care, Telecom, IT and Technology. The Nifty of National Stock Exchange (NSE) too rose […]

 KA Web Desk

Paytm’s QR-based payment solution popular among merchants

Paytm’s QR-based payment solution popular among merchants

Chennai, Feb 8 : Paytm on Thursday announced that its QR-based payment solution was fast emerging as the default payment method for merchants across Tamil Nadu. The company’s widely accepted QR was now enabling merchant partners across India to accept unlimited payments directly into their bank accounts at zero per cent fee.Paytm’s strong sales team was currently […]

 KA Web Desk

RBI keeps key rates unchanged

RBI keeps key rates unchanged

Mumbai, Feb 7 : The Reserve Bank of India (RBI) on Wednesday kept interest rates unchanged but hinted that monetary conditions are likely to remain tight because of rising risks to inflation. It raised its March-end Consumer Price Index (CPI) inflation forecast to 5.1 per cent and projected an inflation range of 5.1-5.6 per cent […]

 KA Web Desk

Wholesale prices of Oils, Sugar, Commodities in APMC Market

Wholesale prices of Oils, Sugar, Commodities in APMC Market

Bengaluru, Feb 6: Following were the wholesale prices (per 10 kg) in the Bengaluru Oil market on Thursday. OIL: Groundnut 1250-1350 Coconut 1250-1600 Gingely 1500-1800 Castor 1000-1100 Sunflower 1250-1350 Butter 4500-5500 Ghee 4400-4600 SUGAR: (per quintal) Rs 3900-4000 COMMODITIES: (per quintal) Rice Basumati 7500-14000 Sona Fine 4300-4900 Medium (Old) 4200-4600 (New) 3400-3600 Coarse 2600-3300 Ragi […]

 KA Web Desk

SSWL total wheel rim sales in January 2018 down by 9 percent

SSWL total wheel rim sales in January 2018 down by 9 percent

Mumbai, Feb 05: Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 10.60 lakh in January 2018, as against 11.67 lakh in January 2017, representing a de-growth of 9 percent. The drop in January was purely on account of EWAY pilling system introduced by Indian Government effective February 1, 2018, SSWl said in […]

 KA Web Desk

Jaitley’s budget for FY 18-19 slipped on Fiscal front

Jaitley’s budget for FY 18-19 slipped on Fiscal front

New Delhi, Feb 4 : The Union Budget for Financial Year 2018-19 has focused on populism, but has slipped on fiscal front as Finance Minister Arun Jaitley failed to bring the fiscal deficit below 3.2 per cent which was the target in the last budget. Though one can understand that this was the last full […]