BUSINESS

IRDAI issue insurance broking licence for Policybazaar

A leading web-aggregator Policybazaar, on Friday, said the approval was reached by the IRDAI to engage in insurance brokerage, development, and enable the company to expand its operations and expand its range of services. This is the development of the company, its license is for web aggregators, is that provided by the Insurance Regulatory and …

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GST Council will discuss managing food delivery programs such as restaurants, taxing 5%

The powerful GST council is likely to discuss on Friday a proposal to treat food delivery programs like Zomato and Swiggy as restaurants and to charge 5% of GST for their services, the official said. The proposal to make the delivery platforms obligatory to pay the goods and services (GST) for restaurant services provided by …

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Stock Market Live: Sensex breaks 550 points, Nifty less than 14,400 as bond yield spike; metals, dragging vehicles

First Market: Trip Trip Easy Planners at Rs 212.25, 13.5% premium discount price Shares of Easy Trip Planners made a decent debut on buses on Friday. The listed premium of 13.5 per cent at Rs 212.25 per share on the NSE is inconsistent with the issuance of Rs 187 per share. In BSE, it is …

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Gold prices slip to Rs 47,351/10 gram on firm ; Silver Rs 727 per kg

In the Mumbai retail market, the price of gold fell by Rs 455 to Rs 47,351 per 10 grams. However, an increase in coronovirus cases, strong yields and expectations of the US Federal Reserve’s dovish stance confounded the downside. India has continued to record the world’s highest daily COVID-19 infections, which has also forced the …

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Small and medium midcap shares are very successful: 49 shares on the BSE500 increase by 10-30% per week

Supporting factors such as positive global indicators, strong results from India Inc., healthy economic data and RBI economic support measures have helped market participants maintain concern around the COVID-19 cases. India has been recording 4 lakh new cases of COVID daily during the second wave.Measurement indicators have risen above important mental levels over the past …

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Tata Power Board is ready to raise to Rs 5,500 cr per NCD

Tata Power said its board on Wednesday approved a proposal to raise up to $ 5,500 crore through non-refundable withdrawals. “The Board has authorized the issuance of one or more types of non-compliant, non-refundable, taxable, listed, estimated in the form of Non-Convertible Debentures (NCDs) up to a maximum amount not exceeding Rs 5,500 crore…,” the …

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PM Narendra Modi to take final call on Crypto Regulatory Framework: Report

PM Narendra Modi to take final call on Crypto Regulatory Framework: Report

New Delhi: Given the divergent views among stakeholders on crypto currencies, it is Prime Minister Narendra Modi who will make a final decision on the matter, according to the financial publication The Economic Times report. Although the cryptocurrency bill has been finalized by the finance ministry, some sections of government believe more detailed discussions may …

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Zoom restricts sales and distribution to the Russian Government, State firms: Report

Zoom has banned its distributors from selling services to government agencies and state-owned companies in Russia and other neighboring countries, reports the Moscow Times quoting daily on April 7. According to the daily newspaper, Russia’s authorized partner, RightConf, informed its Russian and Soviet counterparts that the company was revoking licenses to sell government agencies and …

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Ola chief executive Bhavish Aggarwal cites Bengaluru recruitment situation to experts

Ola Cabs founder and OLA Electric manager Bhavish Agarwal has already said he is likely to offer technical services in Silicon Valley in California as the cost of hiring engineers rises in India’s Silicon Valley – Bangladuru. “The state of engineering employment in Bangaluru – we are considering applying for a job at a low-cost …

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