NSE Academy, a subsidiary of National Stock Exchange (NSE), on Thursday said it has collaborated with Emkay Investment Managers, the asset management arm of Emkay Global Financial Services, to offer training programmes on future technologies. The NSE arm has signed an agreement with Emkay Investment Managers Ltd (EIML) to launch a programme "Definitive Course on [...]
E-commerce platform for pre-owned vehicles CARS24 has cut nearly 600 jobs in India, which the company on Thursday described as "performance-linked exits". CARS24, which also has presence in the Middle East, Australia and Southeast Asia, employs around 9,000 people in India. "This is business-as-usual performance-linked exits that happen every year," the company said when reached [...]
Brokerage house HDFC Securities on Thursday said it will be opening multiple digital centres in the country to boost digital adoption for its customers. This announcement is a part of the company’s commitment to empower its clients with the latest technological solutions to ease their trading journey, while helping them to take charge of their [...]
Russia’s state-owned and largest airline Aeroflot, Ural Airlines and Rossiya Airlines will now be unable to sell their lucrative landing slots at UK airports as part of new sanctions imposed by the Boris Johnson government on Thursday. The additional sanctions being imposed as a reaction against the ongoing Russia-Ukraine conflict, follow an earlier move to [...]
Bajaj Allianz Life Insurance on Thursday said it has declared a bonus of Rs 1,070 crore for its policyholders in the fiscal ended March 2022. The company has announced the bonus for the 21st consecutive year. The life insurer said those having participating policies which are in-force for the full sum assured as of March [...]
Within a fortnight of laying off 200 employees, edtech firm Vendantu has further fired 424 employees from the company citing tough external environment and fear of recession. Vedantu, after laying off 200 employees, had shared it's plan of hiring 1,000 employees this year. "Today I am writing about one of the toughest decisions we had [...]
Ajmera Realty & Infra India on Thursday reported 12 per cent increase in consolidated net profit at Rs 14.01 crore for the quarter ended March 2022. Its net profit stood at Rs 12.48 crore in the year-ago period. Total income rose to Rs 183.62 crore in the fourth quarter of the last fiscal year from [...]
Veteran industrialist Ratan Tata and Tata Sons on Thursday welcomed the Supreme Court's dismissal of a plea of the Sapoorji Pallonji (SP) group seeking a review of the verdict that upheld the Tata group's removal of Cyrus Mistry as Chairman of Tata Sons. Reacting to the development, in a statement Tata, who is the Chairman [...]
Cloud certification and skilling platform QwikSkills has raised Rs 3.85 crore in a seed funding round led by Indian Angel Network (IAN) along with other investors. The funding was led by angel investors Manish Sinha and Naveen Gupta of IAN, according to a statement. IAN leads Rs 3.85 crore investment in cloud certification and skilling [...]
NITI Aayog CEO Amitabh Kant on Thursday said it is the private sector's job to create wealth and the government should focus on laying down public policy framework. Addressing 'GovTech Summit 2022', Kant further said India needs a very simple, efficient, and transparent government. "The government's job should be laying down public policy framework, it [...]
