MUMBAI: The Reserve Bank of India (RBI) on Tuesday said the contraction in economic activity was likely to continue in the second quarter of the current fiscal as upticks witnessed in May and June appears to have lost strength following re-imposition of lockdowns to contain the coronavirus pandemic. The government […]
Banking & Business
ICICI Bank has announced the introduction of usage of satellite data-imagery from earth observation satellites—to assess credit worthiness of its customers belonging to the farm sector. The bank, the first in India and among a few globally to do so, will use the data to measure an array of parameters […]
Declining capacity utilisation, weakening of consumption demand and overhang of stressed balance sheets are restraining new investments, the Reserve Bank of India (RBI) said on Tuesday while calling for wide-ranging reforms to regain losses due to Covid-19 crisis and return to the path of sustainable economic growth. The corporate tax […]
मुंबई। टाटा मोटर्स लिमिटेड की शेयर धारकों की बैठक में कंपनी के अध्यक्ष एन चंद्रशेखरन ने कहा कि कर्ज कम करना, और उत्पाद पोर्टफोलियो में सुधार करना टाटा मोटर्स की प्राथमिकता होगी। शेयरधारकों की बैठक में एन चंद्रशेखरन ने कहा कि वर्तमान में टीएमएल समूह पर 48,000 करोड़ रुपये का शुद्ध […]
One of the leading Civil Engineering and EPC company, JMC Projects on Tuesday secured new orders amounting to Rs554cr. Of the total, the company bagged an order worth Rs315cr for a building project in South India, while remaining Rs239cr was towards a factory project in Maharashtra. S. K. Tripathi (CEO […]
Sr. No State Notified amount (₹ Cr) Amount accepted (₹ Cr) Cut off yield (in %) Tenor (Years) 1. Andhra Pradesh 250 250 6.77 20 2. Bihar 2000 2000 5.10 3 3. Goa 100 100 6.68 10 4. Gujarat1 1500 2000 6.65 10 5. Karnataka 1000 1000 6.63 10 1000 […]
Consequent to the receipt of necessary approvals, Bank of Maharashtra on Tuesday issued and allotted 73,60,49,601 equity shares for cash at an issue price of Rs 11.29 per scrip to the Government of India. State-owned Bank of Maharashtra on Tuesday said it has raised Rs 831 crore by issuing shares […]
Union Bank of India, for the first quarter of FY21 whilst reporting the results of the merged entity (the merger of Andhra Bank and Corporate Bank effective from April 1, 2020) provided pro-forma numbers for Q1FY20 and Q4FY20. In the first quarter, Union Bank reported a profit after tax (PAT) […]
Hindi News Business SEBI Imposes Penalty Of Rs 3.6 Crore In Case Of Insider Trading, Fined Group Company Of Infibeam मुंबई2 घंटे पहले कॉपी लिंक जांच में यह पाया गया कि धिरेन ग्रुप इंफीबीम अवेन्यू के प्रमोटर्स से जुड़े थे और उनके पास सारी जानकारियां थीं सेबी ने जांच में […]
MUMBAI: The government may look at introducing a second set of fiscal stimulus measures once the COVID-19 infections abate and the psychological fears in people’s minds ebb, a top finance ministry official said on Tuesday. The government has also observed that 40 per cent of the cash transfers directly into […]