The current slowdown in the automobile industry in India will not hamper the growth of Dassault Systèmes SOLIDWORKS as its portfolio of 3D design and engineering applications is an integral part of several growing verticals in the country, a top company executive said on Tuesday....
The Reserve Bank of India (RBI) is likely to cut policy rates by 25 basis points (bps) on Friday and is expected to continue with the accommodative stance to support the recent government measures like reducing corporate tax to boost economic expansion activity and consumption, experts and economists said on ...
Four Indian companies have won the prestigious Deming prize for implementing Total Quality Management (TQM) for the year 2019, the Union of Japanese Scientists and Engineers (JUSE) said on Tuesday. The Deming Prize is one of the most prestigious global awards on TQM....
The BSE Sensex slumped over 700 points on Tuesday afternoon on heavy selling across sectors led by banking and financial stocks. The markets, however, recovered from the lows, and at 3 p.m. the Sensex was trading at 38,308.15, at 359.18 points lower, or by 0.93 per cent, than its ...
Integrating 28 companies and brands globally -- including Dimension Data, NTT Communications, Netmagic Solutions, NTT Security and Arkadin -- the new $11 billion NTT Ltd company from Tuesday began its operations in India. Netmagic and Dimension Data are the two big companies with huge operations in ...
The loan irregularities at the Punjab and Maharashtra Co-operative (PMC) Bank raises questions on the roles of regulator (RBI), auditor, independent directors and bank directors, Minister of State for Finance Anurag Thakur said on Monday and added that the government will look into all the areas because eventually it is going to impact ...
Petrol and diesel prices are up again - petrol by 7-8 paise and diesel by 9-10 paise, according to data from Indian Oil Corporation. Petrol is selling at Rs 74.42 a litre, while diesel price rose to Rs 67.33 a litre in Delhi on Monday even as international crude oil prices stabilised after the ...
Shares of Lakshmi Vilas Bank hit the 5 per cent lower circuit on Monday after the Reserve Bank of India (RBI) initiated Prompt Corrective Action (PCA) against it on account of its high non-performing assets (NPA) among other issues. It hit the lower circuit right at the start of the trading session and fell ...
The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex trading over 300 points lower. The domestic stock market traded in tandem with the Asian markets following reports that the US was considering delisting Chinese companies from the ...
In a move to contain surging onion prices, the government on Sunday prohibited the export of all varieties of onions with immediate effect and imposed stock limits on onion traders. "Export policy of onion for the item description at Serial Number 51 and 52 of...