Tata AIA Life Insurance opens 100 new digitally enabled branches in major distribution thrust
Oct 25, 2021, at 10:15 pm
New Delhi: Tata AIA Life Insurance (Tata AIA Life), one of India’s leading Life Insurance Companies is adding 100 new branches to expand its distribution reach across the country.
BharatPe raises Rs. 100 crores in debt from MAS
Oct 25, 2021, at 09:54 pm
New Delhi: BharatPe, a Fintech company, on Monday announced that it has raised Rs. 100 crores in debt from MAS Financial Services Private Limited (MAS Financial), one of India’s leading Non-Banking Financial Companies that is committed to be a leading distributor of financial services and create value on a large scale.
Indian Market: Sensex falls by over 100 points
Oct 25, 2021, at 03:47 pm
Mumbai/UNI: The BSE Sensex was seen under pressure for the fifth straight session on Monday, as it declined by 104 points at 60,717.24 in the opening trade as selling was seen across the board.
IMF's Chief Economist Gita Gopinath to leave job in 2022, return to Harvard University
Oct 23, 2021, at 09:54 pm
Washington: International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced recently that Gita Gopinath, the Chief Economist and Director of the Research Department, intends to leave the Fund in January 2022 and return to Harvard University’s Economics Department as planned when her public service leave ends.
Fuel prices touch all time high
Oct 23, 2021, at 08:15 pm
New Delhi/UNI: Fuel prices touched an all time high as oil marketing companies increased prices of petrol and diesel on Saturday.
RIL records 43 pc rise in profits to Rs 13,680 Cr in Q2FY22
Oct 23, 2021, at 06:55 am
Mumbai/IBNS: Reliance Industries Friday declared a net profit of Rs 13,680 crore in quarter ended September 30, 2021, a 42.99 percent increase from the same quarter last year riding on higher demand of oil products.
Invesco's demand for EGM illegal; board unable to approve : ZEE tells Bombay HC
Oct 23, 2021, at 05:56 am
Mumbai/IBNS: Zee Entertainment has said its board cannot give permission to hold an Extraordinary General Meeting (EGM), a day after Bombay High Court directed the company to fold the meeting as demanded by Invesco.
Patym's Rs 16,600 cr IPO gets SEBI's nod
Oct 23, 2021, at 03:07 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has given approval for Paytm's Rs 16,600 crore initial public offering (IPO), media reports said.
Oct 23, 2021, at 01:12 am
Mumbai/IPO: FSN E–Commerce Ventures that runs Nykaa and Nykaa Fashion has announced October 28 as the date of its initial public offering (IPO) and the offer will close on November 1.
Rajneesh Karnatak assumes charge as Executive Director of Union Bank of India
Oct 22, 2021, at 11:32 pm
Kolkata/IBNS: Rajneesh Karnatak toady assumed charge as Executive Director of Union Bank of India.
Indian Market: Sensex drops 101.88 points
Oct 22, 2021, at 10:03 pm
Mumbai/UNI: The BSE Sensex on Friday slipped 101.88 pts to settle at 60,821.62 despite positive Asian Market.
Bank of India opens first branch in Leh
Oct 22, 2021, at 09:54 pm
Leh: Public Sector Bank, Bank Of India, on Friday opened its first ever branch in Leh).
Pump rates reach record high after third price hike in week
Oct 22, 2021, at 06:19 pm
New Delhi/UNI: Fuel prices rallied to their highest ever level as oil marketing companies increased prices of petrol and diesel Friday.
Oct 22, 2021, at 06:14 pm
Mumbai/UNI: The BSE Sensex on Friday bounced back by 262 pts at 61,186.07 in early trade, as fresh buying was seen in Consumer Discretionary Goods and Services, Energy and FMCG stocks.
Bombay HC orders ZEE to call EGM as demanded by Invesco
Oct 22, 2021, at 06:47 am
Mumbai/IBNS: The Bombay High Court on Thursday ordered Zee Entertainment Enterprises Ltd to convene an extraordinary general meeting (EGM) as requisitioned by shareholders Invesco Developing Market Funds and OFI Global China Fund.
Oct 22, 2021, at 04:53 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) on Thursday prohibited investment advisors from advising on unregulated instruments, according to media reports.
Saudi Aramco Chairman Al-Rumayyan appointed to Reliance board after shareholders' approval: Report
Oct 22, 2021, at 03:01 am
Mumbai/IBNS: Reliance Industries Ltd Thursday announced that the resolution to induct Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director to its board has been passed by a required majority of its shareholders, according to media reports.
Aditya Birla Group ventures into paint business in West Bengal
Oct 22, 2021, at 02:05 am
Kolkata/IBNS: Aditya Birla Group (ABG), a global conglomerate, has announced its venture into the paint business.
Rajeev Chandrasekhar blames corporates for rising trade with China
Oct 21, 2021, at 10:33 pm
New Delhi/UNI: Union Minister for Electronics and IT Rajeev Chandrasekhar Thursday blamed the corporates for the rise in trade with China, amid the continuing tension at the Line of Actual Control and a 17-months stand-off in Ladakh.
Union Cabinet hikes DA for central govt employees, pensioners by 3 pc
Oct 21, 2021, at 08:24 pm
New Delhi/IBNS: The Union Cabinet Thursday increased the dearness allowance for Central government employees and pensioners by 3 percent with effect from July 1, 2021.
RBI imposes Rs 1 cr penalty on Paytm Payments Bank
Oct 21, 2021, at 06:46 am
Mumbai/IBNS: The Reserve Bank of India (RBI) Wednesday imposed a monetary penalty of Rs one crore on Paytm Payments Bank Limited (PPBL) for violating certain norms.
Oct 21, 2021, at 05:20 am
Singapore: Future Retail cannot avoid being part of the arbitration process over a commercial dispute with Amazon.com Inc, a Singapore arbitration panel ruled on Wednesday, Reuters reported.
Taliban rule: IMF predicting 30 pct shrink in Afghanistan’s economy
Oct 21, 2021, at 05:12 am
The International Monetary Fund has said in its latest regional economic report that the gross domestic products of Afghanistan could see a 30 percent contraction after the Taliban took over the country and foreign aid halted.
Value of Afghani falls as Kabul residents feel the pinch in their pockets
Oct 21, 2021, at 05:01 am
Kabul: Residents of Kabul have been complaining about a spike in prices of goods in the markets as the value of the Afghani has fallen against the dollar in recent days, media reports said on Wednesday.
Moody's slashes ratings of several Chinese real estate giants
Oct 21, 2021, at 04:52 am
As many as seven Chinese real estate giants are facing the trouble to borrow money to repay their debts as US credit rating agency Moody recently downgraded their credit ratings.
Debt-ridden Chinese chipmaker trying to survive, initiates talks with investors
Oct 21, 2021, at 04:39 am
Chinese chipmaker Tsinghua Unigroup is trying to avoid bankruptcy and currently it is in negotiations with seven potential investors to help resolve the financial crisis, media reports said.
Swiggy to introduce paid monthly period time-offs for women delivery partners
Oct 21, 2021, at 04:01 am
Bengaluru/IBNS: Online food delivery aggregator Swiggy will be giving its female regular delivery partners paid monthly period time-offs, it said in a statement on October 20, according to media reports.
HDFC Mutual Fund announces New Fund Offer
Oct 21, 2021, at 02:15 am
New Delhi: HDFC Asset Management Company, one of India’s leading mutual fund houses with ₹ 4.35 trillion in assets under management has announced launch of New Fund Offer – HDFC NIFTY Next 50 Index Fund, for investors looking for returns that are commensurate with the performance of NIFTY Next 50 Index, subject to tracking error.
Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty IT ETF
Oct 21, 2021, at 02:13 am
Mumbai: Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF) has announced the launch of Aditya Birla Sun Life Nifty IT ETF, an open-ended exchange traded fund that will track the Nifty IT TRI (Total Return Index).
Vodafone Idea opts for 4 yr moratorium to clear AGR dues
Oct 21, 2021, at 01:33 am
Mumbai/IBNS: Vodafone Idea on October 20 announced that its board has opted for the four-year moratorium to clear Adjusted Gross Revenue (AGR) dues, according to media reports.