TotalEnergies pauses participation in Adani Group's hydrogen project
Feb 09, 2023, at 04:18 am
French company Total Energies, the biggest investor in Adani group, Wednesday said it has put on hold participation in the conglomerate’s $50 billion hydrogen project until the results of an audit launched following US short-seller Hindenburg Research’s accusations, according to a report in the media.
RBI hikes repo rate by 25 bps to 6.5 %, pegs FY24 inflation at 5.6%: Experts react
Feb 09, 2023, at 03:04 am
Mumbai/IBNS: The Reserve Bank of India on Wednesday hiked the repo rate by 25 basis points to 6.50 percent in line with the expectations of the experts. However, it didn’t indicate an end to tightening its stance contrary to the market expectations.
Indian Market: Sensex advances 377.75 pts
Feb 08, 2023, at 10:42 pm
Mumbai: The benchmark index of Bombay Stock Exchange rallied 377.75 pts to close at 60,663.79 following gains in Commodities, Health Care, IT and Technology stocks along with rising Repo Rates in RBI Monetary policy announced on Wednesday.
Airtel announces strategic partnership with Vultr to deliver cloud solutions to enterprises
Feb 08, 2023, at 10:36 pm
New Delhi: Telecom service provider Bharti Airtel and Vultr, a privately-held cloud computing company, on Wednesday announced a strategic partnership to offer cloud solutions to enterprises in India.
Federal Bank disburses the largest amount of climate loans
Feb 08, 2023, at 10:27 pm
Mumbai: Federal Bank was awarded the Certificate of Achievement by the International Finance Corporation (IFC), a World Bank Group in recognition of Climate Financing Leadership in the South Asia Region (CSA) during FY 22 for having disbursed 332.9 million USD, making it the largest amount of climate loans disbursed.
Aditya Birla Housing Finance launches #ApnaGhar campaign
Feb 08, 2023, at 09:48 pm
Kolkata: Positioning itself as an enabler of dreams, Aditya Birla Housing Finance Ltd. (ABHFL), the Housing Finance arm of Aditya Birla Capital Ltd., rolled out its #ApnaGhar campaign.
CreditAccess Grameen Ltd's Q3 net profit surges 85 pct YoY to Rs 217 cr
Feb 08, 2023, at 04:13 pm
Bengaluru: CreditAccess Grameen Limited, a non-banking financial company-Micro Finance Institution (NBFC-MFI), on Tuesday announced its unaudited and limited reviewed financial performance for the third quarter and nine months of the period ended 31 December 2022 where it registered a total income of Rs. 909.72 crores.
RBI increases repo rate to 6.5 pct
Feb 08, 2023, at 03:50 pm
Mumbai: RBI Governor Shaktikanta Das on Wednesday announced the decision to hike repo rate by 25 basis points to 6.5 percent.
Indian Market: Sensex moves up by over 200 pts
Feb 08, 2023, at 03:40 pm
Mumbai: The BSE Sensex on Wednesday surged 254.86 points at 60,540.90 in opening trade ahead of RBI Monetary policy today.
NielsenIQ successfully concludes first phase of expansion in Chennai facility; hires 2500 people
Feb 08, 2023, at 03:37 pm
Kolkata: NielsenIQ, a global information services company, has announced completion of the first phase of expansion program in Chennai Hub.
Paytm Payments Bank collaborates with NPCI to introduce ‘RuPay Credit Card on UPI’
Feb 08, 2023, at 03:27 pm
Kolkata: Paytm Payments Bank Limited (PPBL), on Tuesday announced that it has collaborated with NPCI to introduce ‘RuPay Credit Card on UPI’, thus enabling users to link RuPay credit cards to UPI for all merchant payments.
Air India Group announces steps towards network optimisation
Feb 08, 2023, at 08:11 am
New Delhi: Air India Tuesday announced its latest step towards optimisation of its network following the full subsidiarization of Air Asia India in November 2022.
RIL unveils India’s first Hydrogen Combustion Engine technology for heavy-duty trucks
Feb 08, 2023, at 07:48 am
Mumbai/IBNS: Prime Minister Narendra Mondi on Tuesday flagged off India’s first heavy-duty trucks with India’s first Hydrogen Internal Combustion Engine technology solution at the India Energy Week in Bengaluru.
Adani Green Energy reports Q3FY23 cash profit at Rs 546 cr
Feb 08, 2023, at 07:11 am
New Delhi/UNI: Adani Green Energy Ltd (AGEL) on Tuesday reported a cash profit of Rs 546 crore for the quarter ended December 31, 2022.
RBI to announce first monetary policy of 2023 on Feb 8
Feb 08, 2023, at 06:59 am
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the first monetary policy of 2023 on February 8.
India accelerates pace to secure long-term LNG deals: Report
Feb 08, 2023, at 05:46 am
New Delhi: India is looking to seal more long-term LNG deals to boost its economic growth while reducing the dependence on coal, media reports said.
Adani Enterprises shares jump 25 pc after loan prepayment announcement
Feb 08, 2023, at 05:07 am
Mumbai/IBNS: Share prices of Adani Enterprises jumped as much as 25 percent on Tuesday after the firm announced to prepay more than $1 billion in loans, media reports said.
Exposure of domestic banks to Adani Group 'limited', says rating agency Moody's
Feb 08, 2023, at 04:38 am
Mumbai/IBNS: Rating agency Moody's Investor Services has said the Indian banks face “limited” risk due to a massive decline in the value of Adani, according to media reports.
Samsung Galaxy S23 series gets 1,40,000 pre-bookings in a single day in India
Feb 08, 2023, at 04:31 am
Kolkata: Consumer electronics brand Samsung on Tuesday said over 140,000 Galaxy S23 series units were pre-booked in India in a span of first 24 hours.
Blockchain Technology one of many promising technologies: RBI
Feb 08, 2023, at 03:30 am
New Delhi/IBNS: The Reserve Bank of India (RBI) has informed that Blockchain Technology (BCT) is one of many promising technologies and its usefulness will depend on how it is adopted and adapted to a wide array of uses, the Ministry of Finance said on Tuesday.
MeitY asks app stores to filter out unregulated digital lenders
Feb 08, 2023, at 02:59 am
New Delhi/IBNS: The Ministry of Electronics & Information Technology (MeitY) has shared a list of Digital Lending Apps (DLAs) being used by Regulated Entities (REs) with the app stores, requesting them to not feature lending apps other than those mentioned in the list, the finance ministry said in the Parliament on February 7.
K Satyanarayana Raju appointed as New MD , CEO of Canara Bank
Feb 07, 2023, at 11:17 pm
Mumbai : The Government on Tuesday announced the appointment of K Satyanarayana Raju as Managing Director and CEO of Canara Bank.
PwC in India to add 30K new jobs over the next five years
Feb 06, 2023, at 11:57 pm
New Delhi: PwC announced on Monday that it will further expand its presence in India, in line with its strategic commitment to the country’s growth.
Kotak Mahindra Asset Management Company Limited launches Kotak Banking & Financial Services Fund
Feb 06, 2023, at 11:55 pm
Kolkata: Kotak Mahindra Asset Management Company Ltd (“KMAMC” / “Kotak Mutual Fund”) on Monday announced the launch of Kotak Banking & Financial Services Fund, an open-ended equity scheme investing in the Banking and Financial Services sectors.
Joy E-Bike records 18, 600 bookings for the newly launched e-scooter MIHOS
Feb 06, 2023, at 11:07 pm
Mumbai: Wardwizard Innovations and Mobility Ltd. on Monday announced a significant milestone of 18,600 bookings for its new high-speed electric scooter MIHOS.
Axis Bank launches an enhanced Rewards Redemption Program with 13 loyalty program partners
Feb 06, 2023, at 10:54 pm
Mumbai: Private sector lender Axis Bank announces the launch of its enhanced rewards program in association with airline and hotel loyalty programs across the industry.
Bandhan Bank hikes interest rates on Fixed Deposits
Feb 06, 2023, at 10:42 pm
Kolkata: Bandhan Bank, one of the leading universal banks, has increase its FD interest rates by 50 bps.
Bajaj Allianz Life Insurance launches Sustainable Equity Fund
Feb 06, 2023, at 10:14 pm
Kolkata: Bajaj Allianz Life Insurance, one of India’s leading life insurers, launched the Bajaj Allianz Life Sustainable Equity Fund, on Friday to offer its customers an opportunity to invest in companies that are socially responsible and have been evaluated on relevant Environment (E), Social (S) and Governance (G) factors.
Adani statement on pledge of shares of listed companies
Feb 06, 2023, at 09:58 pm
Chennai: Adani Group on Monday issued a statement on pledge of shares of its listed companies.
Jana Small Finance Bank hikes interest rates on fixed deposits and offers attractive interest rates
Feb 06, 2023, at 09:47 pm
Bangalore: Jana Small Finance Bank, one of the leading small finance banks in India, has announced a new increase in interest rates on regular fixed deposits, effective Feb 1, 2023 and on FD Plus are effective from Feb 6, 2023.