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Just in:   • India has intrinsic stakeholder interest in helping Africa: Official  • High-level US-China trade talks to resume: Officials  • PNB stocks surge over 4% after Nirav Modi's arrest  • Sensex ends flat on high stock-specific volatility  • Industry calls for open culture for innovation  Last updated: 05 Sep, 2017    Industry News PNB stocks surge over 4% after Nirav Modi's arrest SME Times News Bureau | 20 Mar, 2019 The Punjab National Bank (PNB) stock surged over 4 per cent on Wednesday following the arrest in the UK of Nirav Modi, who is accused in the Rs 13,500- crore PNB fraud case reported last year..    Read more.... Mindtree board defers decision on buyback of shares SME Times News Bureau | 20 Mar, 2019 IT services firm Mindtree's board on Wednesday deferred its decision on the proposed buyback of shares to a later unspecified date. .    Read more.... SBI to auction NPA assets worth Rs 6,169 cr in March SME Times News Bureau | 20 Mar, 2019 The State Bank of India will auction non-performing assets (NPAs) amounting to Rs 6,169 crore in the next 10 days to recover its dues from various defaulting business outfits..    Read more.... 'Limited downside to L&T's valuation in takeover' IANS | 20 Mar, 2019 A report on Tuesday said it sees limited downside to diversified conglomerate Larsen and Toubro's (L&T) valuation in its hostile bid to take controlling stake in leading IT services firm Mindtree..    Read more.... 'Rating IDBI Bank as private is against public interest' IANS | 20 Mar, 2019 The All India Bank Employees' Association (AIBEA) has demanded the Reserve Bank of India (RBI) to reconsider its decision to categorise IDBI Bank as a private entity. .    Read more.... India tech market to grow 8% in 2019: Forrester IANS | 20 Mar, 2019 India is the fastest-growing country for tech spending in Asia Pacific, increasing by 8 per cent in 2019 and by 7 per cent in 2020, according to a new report from global market research firm Forrester..    Read more.... Kerala firm bags contract to build Manipur airport SME Times News Bureau | 19 Mar, 2019 State-owned KITCO Ltd has bagged the project management consultancy (PMC) contract from Airports Authority of India (AAI) for setting up a new Rs 600 crore integrated terminal building at Imphal International Airport, an official said on Tuesday. .    Read more.... Companies betting on rural demand to grow: Report SME Times News Bureau | 19 Mar, 2019 A brokerage report on consumers and their consumption patterns on Tuesday said that consumption in central Indian rural states and Odisha is growing fast and that it favours companies with reach in both urban as well as rural India..    Read more.... RCOM stocks jump 10% after it pays dues to Ericsson SME Times News Bureau | 19 Mar, 2019 Shares of Anil Dhirubhai Ambani-led Reliance Communication (RCOM) settled 10 per cent higher on Tuesday after it paid the due amount of Rs 580 crore to Ericsson on Monday..    Read more.... Xiaomi India launches 7th plant, Redmi Go SME Times News Bureau | 19 Mar, 2019 Chinese smartphone maker Xiaomi on Tuesday announced a new manufacturing plant in Tamil Nadu, making it the company's seventh such plant in the country. .    Read more....     Customs Exchange Rates Currency Import Export US Dollar 66.20 64.50 UK Pound 87.50 84.65 Euro 78.25 75.65 Japanese Yen 58.85 56.85 As on 21 Mar, 2019   Daily Poll Is counterfeiting a major threat to SMEs?  Yes  No  Can't say   Commented Stories » Starting an import export business: Basic guide for beginners(1)

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