BOB Financial launches co-branded RuPay Contactless Credit Card with the Indian Army
Aug 24, 2022, at 11:15 pm
Kolkata: BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB) and the Indian Army have launched a co-branded RuPay credit card for the Indian Army personnel, in partnership with National Payments Corporation of India (NPCI).
Arvind SmartSpaces inks agreement with HDFC CapitalAdvisors
Aug 24, 2022, at 09:48 pm
Ahmedabad: Leading real estate developer Arvind Smart Spaces Ltd (BSE: 539301 NSE: ARVSMART,ISIN: INE034S01021, ASL), part of the Lalbhai Group, said it has signed an agreement with HDFC Capital Affordable Real Estate Fund – 3 (HCARE – 3) for the creation of residential development platform with a revenue potential of upto Rs 5000 crore, the company said Wednesday.
Bandhan Bank launches 'Neo plus Digital Savings' account on 7th anniversary
Aug 24, 2022, at 08:11 pm
Kolkata/IBNS: Kolkata-based Bandhan Bank Tuesday launched 'Neo+ Digital Savings' account on the occasion of its seventh anniversary.
Meesho logs more than 102 million downloads in Q4FY2022
Aug 24, 2022, at 02:07 pm
Kolkata: Internet commerce company Meesho on Tuesday said it recently logged over 102 million downloads in Q4FY2022, which is up by 5x year on year.
Govt to raise funds from capital market for 4 road projects
Aug 24, 2022, at 07:11 am
New Delhi: A new model will be formulated for small investors to invest in infrastructure, Union minister for road transport Nitin Gadkari Tuesday said.
Adani Group's media arm set to acquire majority stake in NDTV
Aug 24, 2022, at 06:07 am
Mumbai: Gautam Adani-led Adani group's media arm Tuesday announced that it would buy a 29.18 percent stake in New Delhi Television Ltd (NDTV), and make an open offer to acquire another 26 percent of the shares in the company, media reports said.
Air India to expand fleet ahead of holiday season: Report
Aug 24, 2022, at 05:00 am
Mumbai: Tata Group-owned Air India is on an expansion spree as it plans to induct several aircraft into the airline along with Air India Express by 2023, according to media reports.
Captive coal mine prodn to hit record 140 MT in FY23: Coal minister Pralhad Joshi
Aug 24, 2022, at 02:55 am
New Delhi: The total coal production during this financial year is likely to record 900 million ton, of which production from captive mines is expected to touch 140 million ton compared to 89 million ton last fiscal, Coals and Mines Minister Pralhad Joshi said Tuesday.
Less rainfall in Bihar, Jharkhand cause domestic rice prices shoot up by 7 pc
Aug 24, 2022, at 02:28 am
New Delhi: Domestic prices of rice have increased 3-7 percent in the last seven to 10 days over the anticipated fall in Kharif paddy production, especially in Jharkhand and Bihar, owing to below-normal rainfall, according to media reports.
Importance of Term Insurance at Different Stages of Life
Aug 24, 2022, at 12:19 am
Financial well-being is a basic life necessity. With life being uncertain, your sudden demise can bring your family’s financial well-being to a standstill. Term insurance plans will secure your family’s financial future despite your absence. Term insurance has become one of the basic necessities of life.
Bandhan Bank will make an impact as nation is recovering from COVID-19 pandemic: Pronab Sen
Aug 23, 2022, at 11:50 pm
Kolkata: Dr. Pronab Sen, former Principal Economic Advisor, Planning Commission, on Tuesday delivered the Anniversary Lecture on “Build Back Better – The Role of Finance” on the seventh anniversary of Bandhan Bank and said the bank is poised to make an impact at a time when the nation is recovering from COVID-19.
Aug 23, 2022, at 09:42 pm
Mumbai: Incentivised wellness platform Growfitter raised an additional $500K in an extended pre-series A round led by Venture Catalysts and Singapore-based Baksh Capital.
India's auto-parts industry records trade surplus of $700 million in 2021-22
Aug 23, 2022, at 09:21 pm
New Delhi: India's auto parts makers have recorded a trade surplus of $700 million in the year 2021-222, as top automobile manufacturers around the world adopt a "China Plus One" strategy to shield the supply chains from the risks involved in relying completely on a single source in the wake of Covid-19.
Aug 23, 2022, at 03:46 am
Kolkata: State-owned warship maker Garden Reach Shipbuilders and Engineers Ltd (GRSE) Monday inaugurated Skill Development Programs for youth including Phlebotomy Technician & General Duty Assistant Training Batches at Ramakrishna Math, Baghbazar.
Axis AMC extends its WhatsApp services to 27 key facilities
Aug 23, 2022, at 03:26 am
Mumbai: Axis Asset Management (Axis AMC) has extended its WhatsApp services to enable investors access to 27 key facilities.
British luxury supercar maker McLaren Automotive confirms arrival in India
Aug 22, 2022, at 11:36 pm
London: British luxury supercar maker McLaren Automotive on Monday confirms its imminent entry into the major Indian market, the brand’s 41st global territory.
Aug 22, 2022, at 11:34 pm
Ahmedabad: Honda Motorcycle and Scooter India (HMSI) commenced all India dispatches of the all-new CB300F from its 4th factory at Vithalapur region located in Ahmedabad district of Gujarat.
BOI & IREDA Join Hands in Green Finance
Aug 22, 2022, at 11:06 pm
Mumbai: As stakeholders in sustainable development and carbon compliant economy, Bank of India and Indian Renewable Energy Development Agency (IREDA) have joined hands for co-lending, co- origination & loan syndication in renewable energy segment among others.
Aug 22, 2022, at 05:58 pm
New Delhi: Aditya Birla Health Insurance Company Ltd. (ABHICL), the Health Insurance subsidiary of Aditya Birla Capital Limited, a noteworthy non-banking financial services company, has launched a revamped and renewed version of its self-servicing chatbot “Abhi”.
Financial advisor Nilanjan Dey launches book on the great Indian retirement crisis
Aug 22, 2022, at 05:54 pm
Kolkata/IBNS: Indians are teetering on the brink of a terrible retirement crisis, said Kolkata-based financial advisor Nilanjan Dey as he debuts as a writer launching his first book -No Room For Less- addressing the concern that is not often discussed in media or other forums.
Indian Market: Sensex dips over 400 pts
Aug 22, 2022, at 04:15 pm
Mumbai: The BSE Sensex on Monday lost further by 451 points at 59,194.86 in opening trade, on weak global peers.
No plan to levy charges for UPI fund transfers, says Union Finance Ministry
Aug 22, 2022, at 03:43 am
New Delhi: The Finance Ministry on Sunday said that the government has no plans to levy any charges for UPI (Unified Payments Interface) transactions.
Sahreholders reappoint Vijay Shekhar Sharma to head Paytm for 5 more yrs
Aug 22, 2022, at 02:22 am
Vijay Shekhar Sharma has been once again appointed the Managing Director and Chief Executive Officer of Paytm as 99.67 percent of shareholders voted in favour of him.
Enough wheat to feed people; no plan to import: Govt
Aug 21, 2022, at 10:46 pm
New Delhi: India has enough wheat to meet the domestic demand, the government has said rejecting a Bloomberg report that claimed that lower production and price rises worsened by a severe heatwave may force it to buy the grain from outside.
Canadian fund OTPP to buy majority stake in Sahyadri Hospitals
Aug 20, 2022, at 09:18 pm
Mumbai: Canada's leading investor Ontario Teachers' Pension Plan Board (OTPP) will acquire a significant majority stake in Sahyadri Hospitals Group, the largest hospital chain in Maharashtra, OTPP said in a statement.
Mahindra announces an amazing introductory price for the Scorpio Classic – starting ₹11.99 lakh
Aug 20, 2022, at 07:13 pm
Mumbai: Mahindra & Mahindra Ltd., pioneers of the SUV segment in India, on Saturday announced the prices of the new Scorpio Classic – the new avatar of its iconic brand, Scorpio.
RBL Bank introduces Super Senior Citizen Fixed Deposits
Aug 20, 2022, at 07:10 pm
Mumbai: RBL Bank on Saturday announced that it has launched a Super Senior Citizen Fixed Deposits Product on the occasion of International Senior Citizens Day, which will be celebrated Aug 21, 2022.
DoT gets Rs 17,876 crore from telecom firms as upfront payment for 5G spectrum rights
Aug 20, 2022, at 05:16 pm
The Department of Telecom (DoT) has received payment of around Rs 17,876 crore from four telecom companies -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea -- for the 5G spectrum rights they won in a recent auction, media reports said.
Dolo 650 maker refutes CBDT's allegation of giving freebies worth Rs 1000 cr to doctors
Aug 20, 2022, at 04:50 pm
New Delhi: Pharma company Micro Labs Ltd has rejected the Central Board for Direct Taxes's (CBDT) allegation that it distributed freebies worth Rs 1,000 crore to doctors to have its paracetamol tablet Dolo-650 prescribed.
Significant rise in import of Venezuelan petcoke by Indian cement companies: Report
Aug 20, 2022, at 04:39 pm
The cement manufacturers in India are importing petroleum coke from Venezuela in significant amounts as they look for cheaper energy alternatives amid skyrocketing coal prices across the globe.