India’s largest drug company Sun Pharmaceutical Industries on May 12 announced that it would pay the equivalent of two years’ wages to the families of workers killed by COVID-19 in India. Payment will be a minimum of 25 lakh and a maximumun of 1.2 crore, depending on the employee’s salary. The company also ensured that …
ATM and check book- This is very important news for SBI customers. From July 1, 2021, the bank will make major changes in its services in terms of service fees. Find out if the bank is going to implement new rules regarding ATM or branch cash withdrawals and checkbook service fees.If you are a client …
ATM and check book rules will change from July 1 :SBI Read More »
7th Pay Commission, 7th CPC Latest News: The central government has good news for around 60 lakh retirees. The government has ordered pension payout banks to issue pension slips to retirees in the event of a complete break. At the same time, the Center asked banks to send pension slips to the registered cell phone …
7th Pay Commission News: Good news for pensioners! Read More »
Emkay Global Financial is bullish on Gulf Oil Lubricants India has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated May 31, 2021. GOLI / EBITDA / PAT revenue increased by 44% / 41% / 66% increased by 7% / decreased by 6% / decreased by …
Buy Gulf Oil Lubricants India; targeted at Rs 1000: Emkay Global Financial Read More »
Groww, one of India’s leading investment platforms, will take on the Indiabulls group’s mutual fund business by 175 crore. The transaction will only involve the joint venture business of the Indiabulls group. Other investment funds and portfolio management services businesses will remain part of the Indiabulls team.Once Groww has obtained approval from the Securities and …
Groww to buy the Indiabulls’ mutual fund business for $ 175 Read More »
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 …
Microfinance industry officials have welcomed the steps announced by the Reserve Bank of India (RBI) to support small microleaders severely affected by the second wave of the epidemic. However, the industry was expecting more measures, including postponement of payments by borrowers for at least a few months, given the difficult operating environment. Announcing the measure …
India’s top oil refineries are cutting back on imports and imports as the growing COVID-19 epidemic has reduced fuel consumption, which has led to higher crop yields, company officials told Reuters on Tuesday. Indian Oil Corp, the country’s largest refiner, has reduced the run to an average of between 85 percent and 88 percent energy …
Indian oil refineries cut out the imports, importing them as required by the plague Read More »
Foreign institutional investors (FIIs) who converted total retailers last month poured $ 7.3 billion into Indian markets in March quarterly, data from Motilal Oswal showed, while local institutional investors recorded a $ 3.2 billion outflow. FIIs increased the figure to more than 60 percent of Nifty-50 companies in QoQ, while DIIs reduced participation to 62 …
The FMCG companies continues to see rising prices in categories such as soaps, edible oils, tea and detergents due to sustained inflation on essential oils such as palm oil, crude tea and copra. Increased packaging costs and crude oil prices, too, add to the pressure. Hindustan Unilever has increased the prices of its brands such …
HUL, Marico prices increses; Will other FMCG companies follow suit? Read More »
