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.
Mumbai : The Government on Tuesday announced the appointment of K Satyanarayana Raju as Managing Director and CEO of Canara Bank.
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.
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.
Mumbai: Wardwizard Innovations and Mobility Ltd. on Monday announced a significant milestone of 18,600 bookings for its new high-speed electric scooter MIHOS.
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.
Kolkata: Bandhan Bank, one of the leading universal banks, has increase its FD interest rates by 50 bps.
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.
Chennai: Adani Group on Monday issued a statement on pledge of shares of its listed companies.
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.
Jammu: Jammu and Kashmir to boost mushroom production under Holistic Agriculture Development Plan.
New Delhi/IBNS: The second sale of wheat through e-auction will be held throughout the country on 15th February Wednesday, 2023.
World Gold Council official Somasundaram PR has said India remains a strong pillar of support for the global gold markets as the second-largest consumer of gold jewellery.
Mumbai/IBNS: The Securities Exchange Board of India (SEBI) Saturday said "unusual price movement in stocks of a business conglomerate" in the past week and assured it is committed to ensuring market integrity.
Mumbai: Tata Motors, India’s leading vehicle manufacturer,on Saturday announced the commencement of its National Exchange Carnival across the country. During this mega carnival, customers can avail attractive benefits on all Tata Cars and UVs, by visiting any Tata Motors dealership.
New Delhi/IBNS: India’s overall coal production increased by 12.94% to 89.96 Million Ton (MT) from 79.65 MT during Jan 2023 as compared to Jan 2022, according to the Ministry of Coal.
New Delhi/IBNS: The Food Corporation of India (FCI) sold 9.2 LMT of wheat across the country in two days of e-auction, Ministry of Consumer Affairs, Food & Public Distribution said Friday.
Mumbai/IBNS: InterGlobe Aviation, the parent company of budget carrier IndiGo, Friday reported a mega jump in net profit by 1000 percent to Rs 1422.6 crore for the December 2022 quarter against a net profit of Rs 129.79 crore in the year-ago period.
Mumbai/IBNS: State Bank of India (SBI) reported a 68 percent year-on-year jump in net profit to Rs 14,205 crore for the quarter ended December 31, 2023, on account of a reduction in provisions and strong core income growth.
Mumbai: The Centre has asked the cash-strapped telco Vodafone Idea (Vi) to convert all interest related to payments for spectrum and other dues into equity.
Mumbai/IBNS: Tata Power (NSE,BSE: TATAPOWER) today said its PAT in Q3 FY23 rose for the 13th straight quarter to Rs 1,052 crore, up 91% year-on-year from Rs 552 crore in the same quarter last fiscal.
Mumbai: Finance Minister Nirmala Sitharaman Friday said the exposure of big lenders such as LIC and State Bank of India (SBI) to the crisis-hit Adani Group is well within the permissible limits as stated by these lenders, according to media reports.
Dhanbad: Tata Steel has established a Centre for Innovation in Mining and Mineral Beneficiation at the Indian Institute of Technology (Indian School of Mines), Dhanbad with an aid of Rs 22 crore.
Jaipur: VFS Capital Ltd, a leading Kolkata-based NBFC-MFI has announced the launch of its business operations in Rajasthan, thereby expanding its footprint in 14 states in the country.
New Delhi: Yes Bank announced that the Reserve Bank of India (RBI) has approved the appointment of Rajan Pental as an Executive Director of the Bank for a period of three years w.e.f. Feb 2, 2023.
Mumbai: The equity market ended strong on Friday, as the BSE sensex zoomed 909.64 pts to close breaching 60K level at 60,841.88 on the strength of Consumer Durable, Auto, BSE services and Financial Services stocks.
New Delhi: The Steel Authority of India Limited (SAIL), a maharatna PSU under the Ministry of Steel, on Friday said it has recorded the best ever monthly production in January 2023.
New Delhi/IBNS: The gems and jewellery industry expressed disappointment over the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1), saying that it failed to address the industry’s core concerns.
Gurugram/IBNS: Honda Motorcycle and Scooter India (HMSI) Thursday said its total sales For January 2023 stood at 296,363 units, including 278,143 domestic sales and 18,220 exports for the month.
Mumbai/IBNS: Aditya Birla Capital reported a net profit of Rs 530 crore for the quarter ended December 2022, up 27 percent year-on-year compared to Rs 416 crore recorded in the same quarter of last year.
