Mutual Funds- If you invest in mutual fund, this news is useful for you. Significantly, the mutual fund trade aggregation portal MF Utilities has brought a major change to how payment is made in mutual funds. Now, no investor will be able to invest in mutual funds by check after March 31. Along with the …
A big change in the payment methods of Mutual Funds! Read More »
Retail company Upstox warned customers of security breaches including KYC’s contact details and customer information, but assured users that their funds and security remained secure. The development comes after reports of data breaches in organizations such as MobiKwik, Facebook and LinkedIn. “In the wake of emails claiming unauthorized access to our database, we have appointed …
On April 26, IT major Tech Mahindra said it had acquired the US-based Events Solutions Group for US $ 44 million (about Rs 330 crore). Tech Mahindra, through its wholly owned subsidiary – Tech Mahindra (Americas) Inc., has approved the proposal to acquire 100 percent equity shares in Eventus Solutions Group, LLC, a regulator said. …
Tech Mahindra acquires Events Solutions Group for up to $ 44 million Read More »
ITC Hotels on Saturday unveiled a list of food items selected for “Feel-Good” on World Environment Day aimed at stabilizing local producers, and confirmed that home delivery will continue to be a priority in the future. Various anti-Covid-19 restrictions have encouraged luxury hotels to bring home deliveries tied to food delivery platforms. Also read : …
ITC Hotels : Home delivery is an important food model for the future Read More »
Vedanta has stated that oxygen plants in the closed Sterlite copper smelter can be used to meet the medical oxygen demand used in the treatment of COVID-19 patients. CNBC-TV18 made the offer by Sterlite Copper CEO Pankaj Kumar in a letter to Union Health Minister Harsh Vardhan.Kumar said the Sterlite plant at Thoothukudi, Tamil Nadu …
Zomato founder and CEO Deepinder Goyal took to Twitter to wish Co-founder Gaurav Gupta all the best. One of Zomato’s Co-founder, Gaurav Gupta, has left the company. Gupta who joined Zomato in 2015, was the face of the company as the IPO approached. Its exit comes at a time when Zomato is closing its grocery …
New Delhi: The digital payment industry in India has seen a breathtaking spectacle over the past few years. In its Union Budget 2022-23 wish list, the industry now wants the government to close the gap between financial institutions and users across the country. In the Union Budget, Finance Minister Nirmala Sitharaman has an opportunity to …
The banking regulator, the Reserve Bank of India (RBI), has issued a show cause notice before canceling the license of fraudulent Sambandh Finserve Pvt Ltd, as it has deteriorated beyond the regulatory minimum and financial condition in recent months Networth has deteriorated, two people directly familiar with the development. One of the individuals quoted above …
Exclusive : RBI to revoke fraudulent license-related license; Show cause notice Read More »
Institutional investors on Tuesday placed bids worth more than R870 million in government sales by eight percent of HUDCO. Institutional investors bid for more than 19.40 crore shares compared to the base issuance size of more than 9.90 crore shares.At a discounted price of Rs 45.03 each, bids submitted by institutional bids have a value …
Institutional buyers deposit Rs 870 crore bid for HUDCO stock exchange Read More »
With international diversity gaining more recognition, and the flow of investors into such programs as partnerships (MFs), the Securities and Exchange Board of India (SEBI) market regulator has now increased the overseas investment limit to $ 1 billion. Strong increase in boundariesIn November, 2020, SEBI doubled the limit to $ 600 million from $ 300 …
SEBI raises the foreign investment limit to $ 1 billion Read More »
