Monday, April 12, 2021
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NEWS
BUSINESS

Srei Equipment Finance to get $250 million capital infusion from global PE funds
Kolkata (West Bengal) | April 9, 2021 1:13:55 PM IST
Srei Equipment Finance Ltd (SEFL) has got expression of interest for up to 250 million dollars (about Rs 1,838 crore) capital infusion from US-based Arena Investors LP and Singapore's Makara Capital Partners. ... read..


Infosys, ArcelorMittal collaborate for digital transformation
Bengaluru (Karnataka) | April 9, 2021 12:44:06 PM IST
Digital services and consulting major Infosys has announced a strategic long-term collaboration with ArcelorMittal, the world's leading steel and mining company. ... read..


Twenty Beauty, a brand that connects beauty and aura
| April 9, 2021 12:14:01 PM IST
Mumbai (Maharashtra) [India], April 9 (ANI/PNN): Beauty is now finding inspirations. Consumers are now leaping towards creative and social conceptions. Consumers are now able to establish a personal connection. Besides being a great tool, it has extended ... read..


Bankers, realtors hail RBI's move to maintain accommodative policy stance
New Delhi | April 9, 2021 12:13:58 PM IST
Bankers and real estate experts have welcomed the Reserve Bank of India's (RBI's) decision to keep repo rate unchanged at 4 per cent amid rising Covid-19 cases in the country which is threatening a promising economic recovery. ... read..


Infobip in partnership with Airtel, Vi for mobile identity services
New Delhi | April 9, 2021 12:13:51 PM IST
Global telcom service provider Infobip has announced partnership with Bharti Airtel and Vodafone Idea to provide mobile identity services to technology companies. ... read..


Choice Equity Broking in pact to acquire 100% stake in Escorts Securities Limited
| April 9, 2021 11:14:00 AM IST
Mumbai (Maharashtra) [India], April 9 (ANI/PRNewswire): Mumbai-based Choice Equity Broking Private Limited on Thursday has entered into an agreement to acquired 100 per cent stake in New Delhi based Escorts Securities Limited. ... read..


Preetham Upadhya from Shailesh J Mehta School of Management (SJMSOM), IIT Bombay, lifts the coveted national trophy at the first ever virtual edition of the Tata Crucible Campus Quiz
| April 9, 2021 11:13:59 AM IST
Mumbai (Maharashtra) [India], April 9 (ANI/PRNewswire): The 17th edition of the Tata Crucible Campus Quiz, India's largest business quiz for campuses, successfully concluded its maiden online edition with Preetham Upadhya from Shailesh J Mehta School of M ... read..


Introducing the Captivating Forevermark Icon collection
| April 9, 2021 11:13:57 AM IST
Mumbai (Maharashtra) [India], April 9 (ANI/BusinessWire India): Forevermark, the diamond brand from De Beers Group, introduces the Forevermark Icon collection, a celebration of the brand's distinctive 'icon' motif, which has been intrinsic to its DNA sin ... read..


Economic activity rebounds globally even as infection rates rise: Moody's
New York | April 9, 2021 11:13:49 AM IST
Moody's Investors Service has said that high-frequency alternative data indicates a strong rebound in economic activity even as infection rates rise and restrictive measures remain in place across many countries. ... read..


INALSA Robot Vacuum Cleaner launched in India through Flipkart
| April 9, 2021 10:44:04 AM IST
New Delhi [India], April 9 (ANI/PRNewswire): INALSA is launching its Robot Vacuum Cleaner in India on 10th April 2021 and it will be available through Flipkart. ... read..


Equity indices trade flat, banking stocks under pressure
Mumbai (Maharashtra) | April 9, 2021 10:44:02 AM IST
Equity benchmark indices traded flat during early hours on Friday on the back of mixed cues from their Asian peers.At 10:15 am, the BSE S&P Sensex was up by 119 points or 0.24 per cent at 49,865 while the Nifty 50 edged higher by 35 points or 0.24 per ... read..


Onco.com launches Cancer Care App for Cancer Management
| April 9, 2021 10:13:57 AM IST
Bangalore (Karnataka) [India], April 9 (ANI/PRNewswire): Onco.com, one of India's leading online cancer care platform, launched the world's first cancer care app aimed at helping cancer patients and caregivers avail various services through their phone. ... read..


Number of multi-millionaires in Hong Kong reaches new high
Hong Kong | Friday, 2021 8:15:06 AM IST
A survey released by Citibank Hong Kong showed that the number of multi-millionaires in Hong Kong has reached 515,000, up 2.18 per cent compared with the previous survey released in September last year. ... read..


India Inc expected to log double-digit revenue growth in Q4FY21: Crisil
New Delhi | Friday, 2021 4:45:05 AM IST
A spurt in volumes on a low base, coupled with improvement in realisations riding on higher commodity prices, are expected to lift corporate revenue by 15-17 per cent year-on-year to Rs 6.9 lakh crore in the fourth quarter of fiscal 2021, a Crisil Resear ... read..


Telcos cannot raise any dispute over AGR dues
New Delhi | Friday, 2021 4:45:05 AM IST
The Department of Telecommunications (DoT) has issued directions that in respect of AGR dues, there shall be no reassessment, nor the telecom operators be allowed to raise any disputes. ... read..


Srei Equipment Finance receives EoI for up to $250 mn capital infusion
Kolkata | Friday, 2021 4:15:06 AM IST
Srei Equipment Finance Ltd on Thursday said that it has received expression of interest for up to $250 million capital infusion in the company from US-based Arena Investors LP and Singapore's Makara Capital Partners. ... read..


No violation of SEBI Takeover Regulations: RIL promoter group
New Delhi | Friday, 2021 2:45:05 AM IST
The promoter group of Reliance Industries Limited (RIL) has informed the company that there has been no violation of SEBI Takeover Regulations and it has complied with the applicable laws. ... read..


Express Stores eyes network expansion, revenue growth
New Delhi | Friday, 2021 2:15:06 AM IST
Express Stores plans to expand its network both in tier 1 and 2 cities along with a growth in revenue in 2021. ... read..


Infosys wins bid for ArcelorMittal's digital transformation (Lead)
Bengaluru | Friday, 2021 2:15:06 AM IST
Global software major Infosys on Thursday said it won a contract for digital transformation of steel maker ArcelorMittal's IT operations. ... read..


T-Fiber project to cover all municipalities across Telangana
Hyderabad | Friday, 2021 2:15:06 AM IST
Telangana's Minister for Information Technology and Municipal Administration K. T. Rama Rao on Thursday directed officials to expand the Telangana Fiber Grid (T-Fiber) project to all the municipalities across the state. ... read..


DGCA denies foreign carrier permission to operate B737Max in India (IANS Exclusive)
New Delhi | Friday, 2021 2:15:06 AM IST
India's civil aviation regulator has denied permission to a foreign air carrier to operate or overfly Boeing 737Max in the country. ... read..


RBI to buy different maturity bonds under 1st quantitative easing plan
Mumbai | Friday, 2021 2:15:06 AM IST
The Reserve Bank of India will purchase government securities maturing between November 2023 and March 2035 under the quantitative easing programme announced by Governor Shaktikanta Das after the monetary policy committee (MPC) meeting on Wednesday. ... read..


Maximum balance for payments bank customers raised to Rs 2 lakh
Mumbai | Friday, 2021 2:15:06 AM IST
The Reserve Bank of India (RBI) has enhanced the maximum balance at the end of the day for payments banks to Rs 2 lakh per customer with immediate effect. ... read..


Equity MFs' net inflows at over Rs 9K cr in March: AMFI
New Delhi | Friday, 2021 1:45:06 AM IST
Equity-linked mutual fund schemes saw a net inflows of over Rs 9,115 crore in March. ... read..


Sensex sheds major gains, rupee continues to weaken (Lead)
Mumbai | Friday, 2021 1:45:06 AM IST
As the resurgent Covid cases raise concerns of impact on economic recovery, key Indian equity indices shed their major initial gains to end marginally higher on Thursday. ... read..


RBI to undertake Rs 2 lakh cr liquidity absorption exercise on Apr 9
Mumbai | Friday, 2021 1:45:06 AM IST
With an eye on inflation and surplus liquidity in the system, the RBI on Thursday announced variable rate reverse repo (VRRR) auctions of Rs 2 lakh crore with a maturity of 14 days. ... read..


'Tech-based interventions attracting philanthropists'
New Delhi | Friday, 2021 1:45:06 AM IST
Realising the critical need for digital technology adoption in the post Covid-19 world, philanthropists are increasingly interested in supporting technology-based interventions for last mile programme delivery as well as institutional capability building ... read..


Pumps sector offers huge Indo-Russian trade opportunity: EEPC India
New Delhi | Thursday, 2021 11:15:06 PM IST
India's pumps and valves sector offers a huge bilateral trade opportunity with Russia, EEPC India said on Thursday. ... read..


Infosys wins ArcelorMittal digital contract
Bengaluru | Thursday, 2021 10:45:05 PM IST
Global software major Infosys on Thursday said it won a contract for digital transformation of steel maker ArcelorMittal's IT operations. ... read..


NBCC, Suraksha submit fresh resolution plans for Jaypee Infra
New Delhi | Thursday, 2021 10:45:05 PM IST
State-run construction major NBCC Ltd, and Suraksha Realty have submitted fresh resolution plans for Jaypee Infratech. ... read..


Bharti AXA Life Insurance, Fincare Small Finance Bank join hands
Mumbai | Thursday, 2021 10:15:06 PM IST
Bharti AXA Life Insurance has partnered with Fincare Small Finance Bank for distribution of life insurance products through the bank's pan-India network. ... read..


Malaysia's MMC Corporation selects Ramco for digital transformation
Chennai | Thursday, 2021 10:15:05 PM IST
Malaysia's MMC Corporation Behard, a utility and infrastructure conglomerate has chosen India's Ramco Systems Ltd's enterprise resource planning (ERP) for digital transformation of its five ports business systems, said top officials. ... read..


Housing sales rise 12% in Jan-March: PropTiger report
New Delhi | Thursday, 2021 10:15:05 PM IST
As property demand gained momentum, housing sales increased 12 per cent during January-March compared to the previous quarter, according to a report by PropTiger.com. ... read..


NCLAT admits OYO's plea against commencement of insolvency
New Delhi | Thursday, 2021 9:45:06 PM IST
The National Company Law Appellate Tribunal has admitted hospitality major OYO's plea against the admission of an insolvency plea against its subsidiary by the Ahmedabad-bench of NCLT. ... read..


CBI files 3 chargesheets in UBI frauds of Rs 150 cr
Mumbai | Thursday, 2021 9:45:06 PM IST
The Central Bureau of Investigation (CBI) has filed chargesheet against 45 individuals, bank officials and companies in three separate cases pertaining to Rs 150-crore bank fraud, before the Special CBI Court here, an official said on Thursday. ... read..


YoY vehicle registrations plunged by over 28% in March: FADA
New Delhi | Thursday, 2021 9:45:06 PM IST
India's vehicle registrations declined by 28.64 per cent on a year-on-year (YoY) basis in March 2021. ... read..


'Covid resurgence likely to delay airport passenger recovery'
Mumbai | Thursday, 2021 9:15:06 PM IST
The rapid increase in new cases is credit negative for Indian airports, given the adverse impact on passenger and aircraft traffic, the key revenue driver for the sector, Moody's Investors Service said in a report. ... read..


Excess liquidity in US pushing PE/VC investment in India
New Delhi | Thursday, 2021 8:15:05 PM IST
The mega liquidity unleashed by the US and European central banks, low yields and the declining dollar is forcing large LP's (limited partners or investors in PE firms) to increase their allocations towards higher yield generating and growing emerging ma ... read..


Vestige reiterates its commitment to women empowerment under its initiative: Let's Talk Period
New Delhi | Thursday, 2021 7:15:06 PM IST
To enable dialogue around women's issues, Vestige, India's only home-grown direct selling company to feature in the top 30 companies of the world in the DSN Global 100 Awards list, with a vast portfolio in health, wellness and hygiene products, announced ... read..


SBI, NPCI launch UPI awareness campaign for YONO users
New Delhi | Thursday, 2021 6:45:06 PM IST
The country's largest lender State Bank of India (SBI) and the umbrella body of retail and digital payments National Payments Corporation of India (NPCI) have joined hands to launch a dedicated campaign to focus on deepening the reach of UPI transactions ... read..


ChrysCapital invests $50mn in WOW Skin Science for significant minority stake
New Delhi | Thursday, 2021 6:45:06 PM IST
WOW Skin Science India Limited, a leading new-age personal care brand, has announced that ChrysCapital, a leading India-focused private equity firm, has agreed to invest $50 million in the company for a significant minority stake. ... read..


Vi Business unveils Integrated IoT Solutions
New Delhi | Thursday, 2021 6:15:06 PM IST
Vi Business, the enterprise arm of Vodafone Idea Ltd (VIL), has launched 'Integrated IoT Solutions' for enterprises. ... read..


Petrol, diesel prices remain unchanged on Thursday
New Delhi | Thursday, 2021 6:15:05 PM IST
Fuel prices in the country remained unchanged on Thursday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for the ninth consecutive day. ... read..


Sensex up 400 points, reclaims 50,000
Mumbai | Thursday, 2021 4:15:06 PM IST
The key Indian equity indices traded in the green on Thursday morning with the BSE Sensex rising over 400 points to reclaim the 50,000-mark. ... read..


NBFCs to face asset quality, liquidity risk due to Covid 2.0
Chennai | Thursday, 2021 4:15:06 PM IST
Indian non-banking finance companies (NBFC) face asset quality and liquidity risks owing to second wave of Covid-19 pandemic, said credit rating agency Fitch Ratings. ... read..


Ashok Leyland subsidiaries to offer EVs & mobility as service
Chennai | Thursday, 2021 3:45:06 PM IST
Commercial vehicles major Ashok Leyland Ltd. announced floating of two subsidiaries to make electric vehicles (EV) and the other to offer mobility as a service. ... read..


Black rice farmer in Andhra hopeful of bumper harvest
Vissakoderu (Andhra Pradesh) | Thursday, 2021 6:15:06 AM IST
In what could be a trailblazer, a local farmer from Vissakoderu village in Andhra Pradesh's West Godavari district started growing black rice and is eagerly waiting to harvest it soon. ... read..


Rise in prices of pulses, veggies and eatables upsets kitchen budgets
New Delhi | Thursday, 2021 4:15:05 AM IST
The dizzy rise in the prices of cereals, pulses, vegetables, fruits and several eatables has increased the difficulties of the common man in the middle of a resurgent pandemic. ... read..


RBI move boosts markets, banking stocks rise (Roundup)
Mumbai | Thursday, 2021 3:45:05 AM IST
India's benchmark equity indices rose on Wednesday as the Reserve Bank decided to retain its key short-term lending rates along with the growth-oriented accommodative stance. ... read..


RBI asks banks to put in place policy to refund 'interest on interest'
Mumbai | Thursday, 2021 3:45:05 AM IST
The Reserve Bank of India (RBI) has directed all banks and NBFCs to immediately put in place a board-approved policy to refund or adjust the 'interest on interest' charged to borrowers during the moratorium period of March 1 to August 31, 2020. ... read..


Rupee slips on RBI's dovish stance, 'loose' policy
New Delhi | Thursday, 2021 2:45:06 AM IST
The RBI's stance on maintaining an ultra-loose monetary policy, along with liquidity infusion amidst rising Covid cases, weakened Indian rupee by 1.5 per cent on Wednesday, its biggest intraday fall since August 2019. ... read..


Resurgent Covid: Rising infections to subdue growth (IANS Analysis)
New Delhi | Thursday, 2021 2:15:06 AM IST
Resurgence of Covid-19 cases, along with high inflationary pressure is likely to subdue the economic recovery process, fear industry insiders. ... read..


Cabinet approves PLI scheme for Solar PV module manufacturing
New Delhi | Thursday, 2021 1:45:06 AM IST
The Centre on Wednesday approved a proposal for implementation of Production Linked Incentive (PLI) scheme 'National Programme on High Efficiency Solar PV (Photovoltaic) Modules' for achieving manufacturing capacity of gigawatt (GW) scale in high efficien ... read..


Kerala Financial Corporation ends fiscal on a high note
Thiruvananthapuram | Wednesday, 2021 11:45:06 PM IST
Kerala Financial Corporation (KFC), the state's own financial institution, recorded an all-time high portfolio of Rs 4,700 crore for the financial year ended March 31, 2021 (FY 21). ... read..


Boeing forecasts demand for over 2,200 new aircraft in India by 2041
New Delhi | Wednesday, 2021 11:45:06 PM IST
Aerospace major Boeing expects demand for more than 2,200 new jets valued at nearly $320 billion over the next 20 years in India. ... read..


Stepping on the Gas: Tata Motors to foray into CNG space (IANS Special)
New Delhi | Wednesday, 2021 11:45:06 PM IST
Automobile major Tata Motors plans to foray into CNG fuelled passenger vehicle segment in FY22. ... read..


Mahindra starts end-to-end vehicle scrappage
New Delhi | Wednesday, 2021 11:15:06 PM IST
Automobile major Mahindra & Mahindra has initiated a new end-to-end solution for scrapping of old vehicles. ... read..


Mercedes-Benz India YoY sales growth up 34% in Q1CY21
New Delhi | Wednesday, 2021 11:15:06 PM IST
Luxury car maker Mercedes-Benz on Wednesday reported a year-on-year sales growth of 34 per cent in Q1 of 2021. ... read..


PCA Auto plans one new model each for next 4-5 years, launches Citroen C5 Aircross
Chennai | Wednesday, 2021 10:15:06 PM IST
Global automotive manufacturer Stellantis group's Indian arm PCA Automobiles India Private Limited is planning to launch one new model every year for the next four-five years and will ship out those vehicle platforms, a senior official said on Wednesday. ... read..


Relaxation for ECB borrowers amid pandemic
Mumbai | Wednesday, 2021 10:15:06 PM IST
The Reserve Bank of India (RBI) has relaxed the period of external commercial borrowing (ECB) proceeds in terms deposits. ... read..


One-of-its-kind webinar hosted by Krisumi Corporation witnesses record registration of over 5000 delegates
Business | April 7, 2021 10:14:07 PM IST
Gurugram (Haryana) [India], April 7 (ANI/NewsVoir): A one-of-its-kind webinar organized by the Krisumi Corporation, India's first Indo-Japanese joint venture in real estate, set a new record with an overwhelming response with over 5000 registrations from ... read..


IL&FS sells its environment business, reduces debt by Rs 1,200 cr
Mumbai | Wednesday, 2021 9:15:06 PM IST
IL&FS has sold its stake in IL&FS Environmental Infrastructure & Services Limited (IEISL) and its subsidiaries to EverEnviro Resource Management Private Limited (EverEnviro), a 100 per cent owned subsidiary of the Green Growth Equity Fund (GGEF), a clima ... read..


NCLT admits insolvency plea against OYO arm; Co. moves NCLAT
New Delhi | Wednesday, 2021 9:15:06 PM IST
The Ahmedabad-bench National Company Law Tribunal (NCLT) has admitted the insolvency application against OYO subsidiary, OYO Hotels & Homes Private Ltd (OHHPL). ... read..


Banks allowed priority sector lending to NBFCs for another 6 months
Mumbai | Wednesday, 2021 8:15:06 PM IST
With a view to ensure continued availability of credit to agriculture, MSME and housing sectors and aid faster economic recovery, the RBI has extended the priority sector lending (PSL) classification for lending by banks to NBFCs for 'on-lending' to the ... read..


RBI allows farmers enhanced loan on produce pledges
Mumbai | Wednesday, 2021 8:15:06 PM IST
With a view to encourage farm credit, the RBI on Wednesday decided to enhance the loan limit for individual farmers. ... read..


RBI to publish Financial Inclusion Index
Mumbai | Wednesday, 2021 7:45:06 PM IST
To measure the extent of financial inclusion in the country, the Reserve Bank of India will construct and periodically publish a "Financial Inclusion Index" (FI Index). ... read..


Policy support: RBI MPC retains accommodative stance, rates (Ld)
Mumbai | Wednesday, 2021 7:45:06 PM IST
To support a faster economic recovery amid a resurgence in Covid-19 cases, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the first monetary policy review of FY22. ... read..


Payments Banks allowed to hold Rs 2L balance per customer
Mumbai | Wednesday, 2021 7:45:06 PM IST
In a major boost to operations of the Payments Banks, the Reserve Bank of India on Wednesday doubled the limit of maximum balance that an individual customer can hold with them. ... read..


RBI puts in quantitative easing plan to stabilise bond yield curve
Mumbai | Wednesday, 2021 7:45:06 PM IST
In order to ensure stable and orderly evolution of the yield curve amidst comfortable liquidity conditions, the Reserve Bank of India on Wednesday decided to put in place a quantitative easing program, pledging to buy up to Rs 1 lakh crore of bonds in Apr ... read..


ProcessIT Global launches its solutions to accelerate digital transformation initiatives with data-driven insights
Business | April 7, 2021 7:44:09 PM IST
Kolkata (West Bengal) [India], April 7 (ANI/Interlock Consulting): Recently launched IT services and product development startup, ProcessIT Global is the dream venture of three accomplished and influential tech leaders in the IT industry -Rajarshi Bhatt ... read..


Airtel launches 5G ready platform for world of connected things
New Delhi | April 7, 2021 7:44:08 PM IST
Bharti Airtel on Wednesday launched an integrated platform that enables enterprises to harness the power of Internet of Things (IoT) and be ready for the emerging era of connected things. ... read..


RBI to constitute committee for review of ARC working
Mumbai | Wednesday, 2021 7:15:05 PM IST
The Reserve Bank of India (RBI) has proposed to constitute a Committee to undertake a comprehensive review of the working of Asset Reconstruction Companies (ARCs) in the financial sector ecosystem. ... read..


Dr Batra's launches 'Healing People, Changing Lives'
Business | April 7, 2021 7:14:08 PM IST
Mumbai (Maharashtra) [India], April 7 (ANI/PR Newswire): This World Homeopathy Day, to commemorate the birth anniversary of Dr Samuel Hahnemann- the founder of homeopathy, Dr Batra's showcased the efficacy of the natural, side-effect free and cost-effecti ... read..


D2C Dream Companies to Work for 2021: HUL, Google, Microsoft and Amazon vibes with MBA and engineering students
Business | April 7, 2021 7:14:06 PM IST
New Delhi [India], April 7 (ANI/PRNewswire): Dare2Compete Awards 2021 has wrapped up with some intriguing insights to ponder. As the rankings in various categories were revealed one by one in a digital avatar, D2C Campus Employer Branding Report 2021 part ... read..


Sahil Rana's A_S gaming channel crosses 10 million subscribers on YouTube
Business | April 7, 2021 7:14:04 PM IST
New Delhi [India], April 7 (ANI/ThePRTree): Digital gamer and YouTuber Sahil Rana's 'A_S Gaming' YouTube channel has crossed 10 million subscribers within a year. Catering to the community's ever-increasing love for gaming, Sahil's efforts have made him ... read..


World Health Day: Durex-led The Birds and Bees Talk pledges for fairer, healthier world
Business | April 7, 2021 7:13:59 PM IST
New Delhi, [India], April 7 (ANI/NewsVoir): IndiaReckitt, the global leader in consumer-healthcare, with ADRA India today celebrated 'World Health Day' in the six states of North-Eastern India under the Durex led Birds and Bees Talk program. ... read..


Taxmann publishes CA Ravi Chhawchharia's book on 'Direct Tax Laws and International Taxation'
Business | April 7, 2021 7:13:57 PM IST
Surat (Gujarat) [India], April 7 (ANI/PNN): Taxmann is considered to be the most trusted and authentic publisher of Tax laws for decades in India. Renowned Chartered Accountant from Surat, CA Ravi Chhawchharia's book on 'Direct Tax Laws and International ... read..


RBI decides to open up RTGS, NEFT for payment system operators
Mumbai | Wednesday, 2021 6:45:06 PM IST
In a major move in the online payments segments, the Reserve Bank of India (RBI) has decided to allow payment system operators to take direct membership of Centralised Payment Systems (CPS), such as RTGS and NEFT. ... read..


Inflation focused RBI now moves to absorb excess liquidity
Mumbai | Wednesday, 2021 6:45:06 PM IST
With an eye on inflation and surplus liquidity in the system, the RBI on Wednesday decided to conduct variable rate reverse repo (VRRR) auctions of longer maturity. ... read..


RBI announces Rs 50,000 cr for NABARD, NHB, SIDBI
Mumbai | Wednesday, 2021 6:45:06 PM IST
In a liquidity boost to all-India financial institutions such as NABARD and National Housing Bank (NHB), the Reserve Bank of India (RBI) has announced a liquidity support of Rs 50,000 crore to such institutions for fresh lending in the current financial y ... read..


Buy the realme 8 Pro Online from the Bajaj Finserv EMI Store on EMI Starting Rs. 1,499
Business | April 7, 2021 6:44:09 PM IST
Pune (Maharashtra) [India], April 7 (ANI/NewsVoir): Customers looking to purchase mid-range mobile phones with premium features can shop for the realme 8 Pro from the Bajaj Finserv EMI Store. Priced at Rs. 17,999, the realme mobile is available online on ... read..


Avanti Finance raises Rs 195 crores in series A and debt funding round led by marquee investors
Bengaluru (Karnataka) | April 7, 2021 6:44:07 PM IST
Avanti Finance, a technology-led non-banking finance company, has raised 26 million dollars (Rs 195 crore) in debt and equity from Oikocredit, Nomura and the Bill & Melinda Gates Foundation. ... read..


Comviva's Digital BSS suite attains Gold Badge with 11 TM Forum Open API Conformance Certifications
Business | April 7, 2021 6:43:55 PM IST
New Delhi [India], April 7 (ANI/PR Newswire): Comviva, the global leader in mobility solutions announced that it has achieved the Gold level status for Open API Conformance certification by TM Forum, the industry association driving digital business trans ... read..


Equitas Small Finance Bank's Rs 34,287 cr business in FY 21
Chennai | Wednesday, 2021 6:15:07 PM IST
City based Equitas Small Finance Bank Ltd on Wednesday said it closed last year with a total business of Rs 34,287 crore. ... read..


RBI extends 'TLTRO on Tap' scheme by 6 months
Mumbai | Wednesday, 2021 6:15:07 PM IST
The Reserve Bank on Wednesday decided to extend the 'TLTRO on Tap' liquidity scheme till September 30. ... read..


Vedanta's 'waste to wealth' programs foster MSMEs in rural Odisha & Chhattisgarh
New Delhi | Wednesday, 2021 6:15:07 PM IST
Vedanta Aluminium & Power Business, India's largest producer of the aluminium and its value-added products, is fostering hundreds of MSMEs in remote rural areas with its innovative 'waste to wealth' programmes. ... read..


Tata Power Solar doubles manufacturing capacity to 1,100 MW
Mumbai (Maharashtra) | April 7, 2021 6:14:11 PM IST
Tata Power Solar Systems on Wednesday announced a significant expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW. ... read..


Tanla Platforms appoints Wipro veteran Aravind Viswanathan as CFO
Business | April 7, 2021 6:14:08 PM IST
Hyderabad (Telangana) [India], April 7 (ANI/PRNewswire): Tanla Platforms Limited (NSE: TANLA) (BSE: 532790), India's largest CPaaS provider announced the appointment of Aravind Viswanathan as Chief Financial Officer effective June 1, 2021. Aravind joins t ... read..


RBI Guv calls for coordinated action to give tax relief on petroleum products
Mumbai | Wednesday, 2021 5:45:05 PM IST
Reserve Bank of India Governor Shaktikanta Das on Wednesday put onus on both Centre and the States to ensure that through coordinated policy measures the cost build up in the petroleum products does not escalate further. ... read..


Angel Broking rides Fintech wave to record 127 per cent growth in client base
Business | April 7, 2021 5:43:59 PM IST
Mumbai (Maharashtra) [India], April 7 (ANI/BusinessWire India): One of India's leading digital stock broking company, Angel Broking, is adding a new chapter to its decades-old journey as a financial services company. Having achieved several awards, accola ... read..


Young Wushu athlete Pawan Gupta from Delhi is an inspiration for young sportspeople in India
Business | April 7, 2021 5:43:56 PM IST
New Delhi [India], April 7 (ANI/PNN): Many of you may have not heard about 'Wushu', but you must have watched it in a movie. Wushu or Kung Fu is a general term for Chinese martial arts. It is a very unique form of sports, practised by very few athletes. ... read..


FMCG manufacturers stress need for long-term digital strategy to deploy industry 4.0 for sustained growth
Business | April 7, 2021 5:43:55 PM IST
New Delhi [India], April 7 (ANI/BusinessWire India): In a recently concluded webinar organised by Rockwell Automation titled 'The Future of Supply Chain Automation' business leaders from India's leading fast-moving consumer goods (FMCG) manufacturers emph ... read..


CPI inflation for April-June seen at 5.2%: RBI
Mumbai | Wednesday, 2021 5:15:06 PM IST
The Reserve Bank of India (RBI) has pegged retail inflation for the Apri-June quarter of the current financial year at 5.2 per cent. ... read..


Nomura appoints Sameer Jain as Chief Information Officer for Wholesale
New York | April 7, 2021 5:14:18 PM IST
Asia's global investment bank Nomura has announced the appointment of Sameer Jain as Chief Information Officer (CIO) for Wholesale. ... read..


DBS Bank India recognised as 'India's Best International Bank 2021' by Asiamoney
Business | April 7, 2021 5:14:10 PM IST
Mumbai (Maharashtra) [India], April 7 (ANI/PR Newswire): DBS Bank India announced that it has been named 'India's Best International Bank' by Asiamoney, a financial publication of Euromoney Institutional Investor Group, which is a leading authority in the ... read..


Sustained growth of new business supports output expansion: IHS Markit
New Delhi | April 7, 2021 5:14:04 PM IST
Further increases in new business and output were reflected at Indian services firms in March data as companies benefited from strong demand conditions and elections, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on ... read..


Policy support: RBI MPC retains accommodative stance, rates
Mumbai | Wednesday, 2021 4:45:06 PM IST
To support a faster economic recovery amid the surge in Covid-19 cases, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the first monetary policy review of FY22. ... read..


Cyril Amarchand Mangaldas advises on acquisition of 12.99 per cent stake in Max Life Insurance collectively by Axis Bank, Axis Securities and Axis Capital
Business | April 7, 2021 4:43:53 PM IST
New Delhi [India], April 7 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel for Axis Bank Limited in relation to acquisition of 12.99 per cent stake in Max Life Insurance Company Limited (Max Life) collectively by Axis Bank Limited (Ax ... read..


Vedanta's 'waste to wealth' programmes foster local MSMEs in rural Odisha, Chhattisgarh
Korba (Chhattisgarh) | April 7, 2021 4:14:11 PM IST
Vedanta's aluminium and power business said on Wednesday it is fostering hundreds of MSMEs in remote rural areas with its innovative 'waste to wealth' programmes. ... read..


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