Day: March 21, 2021

Gold imports slip 3.3% to $26.11 billion in April-February, jewellery exports fall 34%

NEW DELHI: Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 3.3 per cent to USD 26.11 billion during April-February 2020-21, according to the commerce ministry data. Imports of the yellow metal stood at USD 27 billion in April-February 2019-20. The decline in gold imports has helped in narrowing the […]

Market capitalisation of eight of top 10 valued companies tanks over Rs 1.38 trillion

NEW DELHI: Eight of the 10 most valued companies witnessed a combined erosion of Rs 1,38,976.88 crore in their market valuation last week, with Reliance Industries and HDFC Bank taking the biggest hit. During the last week, the 30-share BSE benchmark declined 933.84 points or 1.83 per cent. From the top-10 pack, Tata Consultancy Services […]

Auto components maker Rolex Rings Ltd submits IPO papers with Sebi

NEW DELHI: Auto-components maker Rolex Rings Ltd has filed preliminary papers with capital markets regulator Sebi to launch an initial share sale. So far this year, 16 companies have filed draft papers for their respective initial public offers (IPOs) as these firms are expecting to benefit from an equity market which is flush with liquidity […]

Skoda lines up new products, plans to boost sales, infrastructure in India

NEW DELHI: Czech automaker Skoda is looking to launch multiple products, expand its sales network and enhance local content in its cars as it aims to carve out viable business for itself in the highly competitive Indian passenger vehicle segment, according to a top company official. The company, which is responsible for pressing ahead with […]

Back To Top