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Mobile Speeds Slow Down as India Falls to 121 Position in Speedtest Global Index for April 2019

India witnessed a dip in mobile speeds in April 2019 with its rank remaining at 68th position in fixed broadband speeds globally and has decreased in ranking to 121 in mobile speeds, Ookla, the company behind Speedtest, said on Monday in updates to its Speedtest Global Index for April 2019. While India has maintained its position in fixed broadband with ... Read More »

Indiabulls Housing Finance falls 2% post Moody’s corporate family rating

Shares of Indiabulls Housing Finance slipped more than 2 percent intraday Monday after Moody’s initiated the corporate family rating at Ba1. The international rating agency Moody’s has initiated the corporate family rating of Indiabulls Housing Finance at ‘Ba1’ with stable outlook. At 09:56 hrs Indiabulls Housing Finance was quoting at Rs 680.05, down Rs 16.35, or 2.35 percent on the BSE. The ... Read More »

UK Car Production Falls in September, Again

  Imported cars are parked in a storage area at Sheerness port, Sheerness, Britain, October 24, 2017. (Photo: Reuters) British car production fell 4.1 percent in September from the same month a year earlier, a fifth decline in six months that adds to signs of faltering consumer and business confidence. Exports, accounting for 80 percent of total output, fell 1.1 ... Read More »

Ujjivan Falls As RBI Restricts Foreign Investors From Buying Shares

Shares of non-banking finance company- Ujjivan Financial Services fell as much as 5 per cent to hit intraday low of Rs 372.55 after the Reserve Bank of India restricted foreign institutional investors from buying its shares. The Reserve Bank of India has put Ujjivan Financial Services on its ban list for foreign investment, which means overseas investors will not be ... Read More »