Independent lenders RBL Bank, on September 15, said the bank had started issuing credit cards to its new customers on the Visa payment network. The bank entered into an agreement with Visa on July 14 as the RBI barred Mastercard from issuing new cards from its platform from July 22 onwards. Mastercard was found not …
RBL Bank credit cards start working on the Visa payment network Read More »
Sanjay Kirloskar owned by Kirloskar Brothers Ltd (KBL) on July 27 filed a complaint with the Securities and Exchange Board of India (SEBI) alleging that other companies owned by brothers Atul Kirloskar and Rahul Kirloskar misled investors by taking more than 130-year assets old and pass it on as their own.In a letter sent to …
Sanjay Kirloskar fights against brothers to SEBI Read More »
Digital payments and finance firm Paytm have acquired more than 5.45 lakh shares from 20 additional employees to make money in its upcoming IPO. As a result of the control of One97 Communications (OCL), about 20 other employees have converted their ESOPs to 5,45,735 shares. Earlier, 200 former employees and employees had converted their ESOPs …
Paytm employees bound by IPO can add up to 5.45 lakh shares of monetization Read More »
Turkey central bank kept a significant interest rate unchanged at 19% on Thursday, following the surprise appointment of a new governor that shook confidence in the country’s economy. President Recep Tayyip Erdogan last month fired his third central bank chief in less than two years, who has been voicing concern about a possible return to …
Turkey central bank maintains unchanged key rate at 19% Read More »
Finance Minister Nirmala Sitharaman is scheduled to meet with the heads of public sector banks (PSBs) on August 25 to review the financial performance of lenders and their progress in financing the economy affected by the COVID-19 epidemic. Given the importance of the banking sector in generating demand and increasing spending, sources said a meeting …
Bharti Airtel on Wednesday announced the company’s new framework to sharpen the company’s focus on driving digital opportunities that emerged more quickly while being able to unlock value. The new structure includes the collapse of Airtel Digital Limited in the listed company Bharti Airtel. This will now include all digital assets including Wynk Music, Airtel …
Bharti Airtel is redesigning the company’s structure to sharpen digital focus Read More »
Godrej Appliances, a Godrej & Boyes business, launched its range of air conditioners (AC) made in India on 15 April. The firm is investing Rs 100 crore in both manufacturing units at Shirwal and Mohali by 2025, increasing their AC production capacity to 825 units. The company claimed in a statement that the new air …
Godrej Appliances Expands Manufacturing Facility, Launches AC Made in India Read More »
The companies discussed FDI’s trade policy with the Department of Industrial Development and Internal Trade (DPIIT) at a meeting on Thursday. Representatives of at least a dozen companies, including Amazon, Flipkart, Reliance, Snapdeal, Paytm, Tata Cliq, Grofers and Pepperfry, attended the meeting. Pepperfry said any change in policy could have an impact on investor sentiment. …
E-commerce companies urge govt to maintain FDI policy Read More »
The RBI is considering April’s monetary policy (a decision to be announced on April 7) under a major uncertain and unstable environment, globally and regionally. Submit fiscal policy of February 2021, US interest rates have continued to sell sharply (thus having a negative impact on Indian business yields), while global oil prices have shown instability, …
Expect impartial guidance from the Monetary Policy Committee Read More »
The Samsung Galaxy Z Flip 3 launched at the Galaxy Unpacked 2021 event is a new smartphone company. Flip 3 5G was announced next to the Galaxy Z Fold 3 5G, with a blurry camera. The price of a portable smartphone in the US starts at $ 999.99. The price of the Samsung Galaxy Z …
The Samsung Galaxy Z Flip 3 launched next to the Galaxy Z Fold 3 at Unpacked 2021 Read More »
