by PTI News | Jan 20, 2022 | 7:58 pm | Corporate Action, News
Mumbai, Jan 20 (PTI) The Reserve Bank has approved the appointment of former Comptroller and Auditor General (CAG) Vinod Rai as the chairman of Unity Small Finance Bank, which began operations last November with its first branch in the city. Rai, after his retirement as the CAG, headed the Banks Board Bureau, the body that [...]
by PTI News | Jan 20, 2022 | 7:51 pm | Corporate Action, News
New Delhi, Jan 20 (PTI) Nestle India on Thursday said it has "already withdrawn" from the market packs of its popular chocolate brand Kitkat which depicted images of Lord Jagannath, Balabhadra and Mata Subhadra on wrappers. Nestle India, the Indian subsidiary of the Swiss multinational FMCG giant Nestle, had to face on social media the [...]
by PTI News | Jan 20, 2022 | 7:49 pm | Economy, News
London, Jan 20 (PTI) The negotiations between India and the UK to strike a free trade agreement (FTA), which was launched last week, will conclude quickly due to an "absolute agreement” at the senior political level, the Mayor for the West Midlands region of England has said.Andy Street, who is in charge of the West [...]
by PTI News | Jan 20, 2022 | 7:46 pm | News
New Delhi, Jan 20 (PTI) Power trading solutions provider PTC India on Thursday said a senior-level committee of the firm is looking into the matter of resignation of three independent directors from the board of its subsidiary PTC India Financial Services (PFS) over corporate governance and other issues. PTC India added that "there are difference [...]
by PTI News | Jan 20, 2022 | 7:38 pm | IPO, News
Mumbai, Jan 20 (PTI) Emcure Pharmaceuticals has received regulatory approvals for its draft red herring prospectus and will shortly be filing the RHP for the Rs 5,000-crore initial share sale, which will hit the market soon after the Budget, according to merchant banking sources. The IPO consists of a fresh issue of up to Rs [...]
by PTI News | Jan 20, 2022 | 7:30 pm | Economy, News
London, Jan 20 (PTI) The negotiations between India and the UK to strike a free trade agreement (FTA), which launched last week, will conclude quickly due to an "absolute agreement” at the senior political level, the Mayor for the West Midlands region of England has said.Andy Street, who is in charge of the West Midlands [...]
by PTI News | Jan 20, 2022 | 7:25 pm | News
Mumbai, Jan 20 (PTI) In the backdrop of illegal lending apps leading to instances like borrower suicides, a body representing digital lenders has come forward and applied to the RBI for being recognized as a self regulatory organisation (SRO) for the industry. Claiming to be the only body of digital lenders, FACE, which is an [...]
by PTI News | Jan 20, 2022 | 7:22 pm | Company Results, News
New Delhi, Jan 20 (PTI) FMCG major Hindustan Unilever Ltd on Thursday reported an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous fiscal. Revenue from sales during [...]
by PTI News | Jan 20, 2022 | 7:19 pm | News
New Delhi, Jan 20 (PTI) Proposed 5G services rolled out in India will be in spectrum bands that will have sufficient safeguards and will not interfere with civil aircraft altimeters, ITU APT foundation of India said on Thursday. Several airlines have cancelled their flight to the US following 5G services roll-out in the country alleging [...]
by PTI News | Jan 20, 2022 | 7:16 pm | News
New Delhi, Jan 20 (PTI) Two-wheeler major Hero MotoCorp on Thursday said it has started accepting online bookings for the second batch of its latest motorcycle XPulse 200 4 Valve. The company has started accepting bookings for the second batch after the first lot was completely sold out.Priced at Rs 1,30,150 (ex-showroom – Delhi), the [...]