New Delhi, March 6 (IANS) Small cap stock index plunged on Tuesday as valuation concerns are mounting. BSE Small Cap Index was down 2.54 per cent much more than the… Continue reading Small and mid cap stock indices fall sharply
New Delhi, March 6 (IANS) In continuation with its system clean-up mission, the RBI imposed an embargo on IIFL’s gold loan business on March 4 and on JM Financial Products’… Continue reading RBI’s punitive actions will keep NBFCs on the edge
New Delhi, March 6 (IANS) B9 Beverages Ltd, Bira 91’s parent company, on Wednesday said it is raising $25 million in new funding from Tiger Pacific Capital, an Asia-focused fund… Continue reading Bira 91 raises $25 mn to expand manufacturing footprint
New Delhi, March 6 (IANS) Sam Altman-run OpenAI has hit back at Elon Musk’s lawsuit, saying as the company discussed a for-profit structure in order to further the mission, “Musk… Continue reading Elon Musk wanted ‘absolute control’ of the company: OpenAI
New Delhi, March 6 (IANS) Cloud software major SAP on Wednesday announced the appointment of Manish Prasad as President and Managing Director for SAP Indian Subcontinent. He succeeds Kulmeet Bawa,… Continue reading SAP appoints Manish Prasad as President, MD for Indian Subcontinent
New Delhi, March 5 (IANS) Tata Sons’ could potentially fetch a value of Rs 7-8 trillion at current market capitalisation of Tata Group companies, as per investment banking firm Spark… Continue reading Market value of Tata Sons’ listed investments estimated at Rs 16 lakh crore
Mumbai, March 5 (IANS) The Mahanagar Gas Ltd (MGL) on Tuesday announced a reduction in CNG prices by Rs 2.50 per kg for Mumbai and Mumbai Metropolitan Region. The downward… Continue reading MGL cuts CNG prices for Mumbai, surroundings from midnight
Shimla, March 5 (IANS) Union Minister for Road Transport & Highways Nitin Gadkari on Tuesday inaugurated and laid the foundation stones of 15 National Highway projects and a Ropeway project… Continue reading Gadkari unveils highway projects worth Rs 4,000cr in Himachal
Mumbai, March 5 (IANS) The Reserve Bank of India (RBI) on Tuesday issued a set of frequently asked questions (FAQs) about its UDGAM portal to help people recover their funds… Continue reading Here’s all you need to know about RBI’s Unclaimed Deposits portal
New Delhi, March 5 (IANS) The Central Board of Direct Taxes (CBDT) has given more time to trusts and institutions which have submitted the wrong forms to claim income tax… Continue reading Income Tax Dept allows trusts to rectify their error over Form 10B/10BB till March 31
Chennai, March 5 (IANS) Some states perhaps are curtailing their capital expenditure (capex) to maintain fiscal discipline though there is no one-to-one link between the two, the Bank of Baroda… Continue reading Some states slowing capex to maintain fiscal discipline: Bank of Baroda report
New Delhi, March 5 (IANS) The Reserve Bank of India (RBI) on Tuesday directed JM Financial Products Limited to cease and desist, with immediate effect, from doing any form of… Continue reading RBI bars JM Financial from giving loans against shares, debentures
