Favourable regulations offer tailwinds for digital lending sector: apex body

[ad_1] Regulations boosted customer confidence in fintech lending as a result disbursement increased by 216% over the last year, said Fintech Association for Consumer Empowerment (FACE), a self-regulatory body for fintech lenders. Implementation of RBI’s digital lending guidelines brought tailwinds for the industry as it set clear rules and standards, boosting the confidence of the […]

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SEBI mulls mandatory confirmation, denial on media reports by top 250 listed firms

[ad_1] To streamline disclosure requirements, markets regulator SEBI has proposed mandating the top 250 listed companies to confirm or deny any information reported in the mainstream media, which may have material effect on the listed entity. In addition, SEBI has suggested reducing the timeline to 12 hours from the occurrence of event or information from […]

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Ashok Leyland rolls out new ICV platform ‘Partner Super’

[ad_1] Alfred Nixon, Senior Vice President – Product Development, ALL, with Sanjeev Kumar, Head – M&HCV, at the Partner Super roll out in Chennai on Monday. Ashok Leyland Ltd. (ALL) now has a complete range of Intermediate Commercial Vehicle (ICV) trucks with the unveiling of three variants under new platform ‘Partner Super’, said a top […]

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India to examine price cap proposal for Russian crude: Oil Minister Hardeep Singh Puri

[ad_1] The Group of Seven richest economies (G7) has been trying to enforce a price-capping mechanism on Russian oil exports The Group of Seven richest economies (G7) has been trying to enforce a price-capping mechanism on Russian oil exports India said on Wednesday it will examine a proposal by Western nations to impose a price […]

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E-com platforms clocked sale of $3.5 bn in 4 days: Redseer Consulting

[ad_1] The four days between Sept. 22 and 25 brought in 60% of the projected gross merchandise value of 5.9 billion for the whole first wave of festive sales The four days between Sept. 22 and 25 brought in 60% of the projected gross merchandise value of 5.9 billion for the whole first wave of […]

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Taxation more equitable now as direct taxes yield more: FM

[ad_1] ‘Focus of taxation must on those who can bear the burden rather than taxing small items of daily use that affect everybody’ ‘Focus of taxation must on those who can bear the burden rather than taxing small items of daily use that affect everybody’ Finance Minister Nirmala Sitharaman asserted on Tuesday that India’s direct […]

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Centre elevates IOB’s Executive Director Ajay Kumar Srivastava as MD & CEO

[ad_1] Centre promotes Indian Overseas Bank’s Executive Director Ajay Kumar Srivastava as MD & CEO Centre promotes Indian Overseas Bank’s Executive Director Ajay Kumar Srivastava as MD & CEO The Centre on Tuesday promoted Ajay Kumar Srivastava, the present Executive Director of Indian Overseas Bank (IOB) as the public sector lender’s Managing Director and Chief […]

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Torrent to acquire Curatio Healthcare for ₹2,000 crore

[ad_1] The consideration includes ₹115 crore in cash and cash equivalents in the acquired business, indicating an enterprise value of ₹1,885 crore The consideration includes ₹115 crore in cash and cash equivalents in the acquired business, indicating an enterprise value of ₹1,885 crore Torrent Pharmaceuticals Ltd. will buy  100% of Curatio Healthcare (I) Pvt. Ltd. […]

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