Shakedeal expects Rs 200 cr revenue run rate for FY22
B2B e-commerce startup Shakedeal expects to double revenue rate to Rs 200 crore for the current financial year, as several firms optimising their sourcing channel due to the Covid-19 pandemic. Shakdeal co-founder and managing director Akash Hegde told PTI that the company had a revenue rate of Rs 100 crore for...
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‘Worker optimism shaken due to Covid; future outlook positive in India’
30 April 2021 | PTI -
Rupee extends gains for 4th day; rises 29 paise to 74.07 against USD
30 April 2021 | PTI -
B’desh allows use of Chinese vaccine amidst delay from India's SII
30 April 2021 | PTI -
SBI earmarks Rs 30 cr to set up makeshift hosps for Covid patients
30 April 2021 | PTI -
Vedanta: Awaiting formation of oversight panel
30 April 2021 | PTI -
Covid wave: Sebi eases compliance requirements
30 April 2021 | PTI -
Benchmarks rise for 4th day, end marginally higher on F&O expiry
30 April 2021 | PTI
Sensex tanks 400 pts in early trade; Nifty slips below 14,800
Market benchmark Sensex plunged over 400 points in early trade on Friday, tracking losses in index-heavyweights HDFC twins, ICICI Bank and Kotak Bank amid a negative trend in Asian equities. The 30-share BSE index tumbled 424.70 points or 0.85 per cent to 49,341.24 in initial deals. Similarly, the broader NSE Nifty declined...
Sensex nosedives 984 pts; financial stocks lead sell-off
Snapping its four-session winning run, market benchmark Sensex plummeted 984 points on Friday, tracking an intense selloff in financial stocks amid a negative trend in Asian equities. The 30-share BSE index sank 983.58 points or 1.98 per cent to finish at 48,782.36. Similarly, the broader NSE Nifty tanked 263.80 points or 1.77...
Core sectors' output up 6.8 pc in March due to base effect; contracts 7 pc in 2020-21
The output of eight core sectors grew by 6.8 per cent in March, the highest in 32 months, driven by base effect-led uptick in production of natural gas, steel, cement and electricity, official data showed on Friday. The growth rate of the eight infrastructure sectors -- coal, crude oil, natural gas,...
Rockets hit 2 airbases, says Myanmar junta
Rockets were fired at two Myanmar Government air bases on Thursday, causing minor damage but no injuries, the military junta said. The attacks are the latest sign that as the junta attempts to control widespread protests in cities against its February seizure of power, it is facing new military challenges...
US eyes major rollback in Iran sanctions
The Biden administration is considering a near wholesale rollback of some of the most stringent Trump-era sanctions imposed on Iran in a bid to get the Islamic Republic to return to compliance with a landmark 2015 nuclear accord, according to current and former US officials and others familiar with the...
EU extends Myanmar sanctions, including against junta leader
The European Union has extended for a year sanctions against senior officials in Myanmar, including junta leader Senior Gen Min Aung Hlaing, and others involved in the military coup in February. EU headquarters said in a statement Thursday that the sanctions, which include asset freezes, travel bans, an arms embargo and...
China says population grew in 2020 after report of decline
China’s population grew last year, the government said Thursday, following a report that a census might have found a surprise decline, possibly adding to downward pressure on economic growth. The National Bureau of Statistics gave no details in its one-sentence statement and said the population figure would be reported later. But...
