The rupee depreciated 3 paise to 82.76 against the U.S. dollar in early trade. Fie | Photo Credit: The Hindu The rupee depreciated 3 paise to 82.76 against the U.S. dollar in early trade on Tuesday, weighed down by a strong American currency . Forex traders said the rupee is trading in a narrow range […]
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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 customers, […]
Continue ReadingA. M. Naik, Group Chairman, L&T and Chairman of LTIMindtree. File | Photo Credit: Paul Noronha The merger of Larsen & Toubro Infotech (LTI) and Mindtree received approval from National Company Law Tribunal (NCLT) and subsequently both the companies would be operating as a merged entity from November 14, 2022, said A. M. Naik, Group […]
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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 24 […]
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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 official. […]
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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 cap […]
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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 festive […]
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‘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 tax […]
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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 Executive […]
Continue ReadingThe 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. for […]
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