by PTI News | Apr 1, 2022 | 5:32 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Axis Bank's planned acquisition of Citigroup's consumer banking portfolio will strengthen its retail market position as well as diversify the revenue profile, global rating agency S&P said on Friday. "We expect significant profitability improvements to only accrue from fiscal 2025 onwards as it will take time to complete the acquisition [...]
by PTI News | Apr 1, 2022 | 5:29 pm | Corporate Action, News
Kolkata, Apr 1 (PTI) Direct selling companies are betting big on the eastern part of the country to expand their businesses as West Bengal, Bihar and Odisha are among the top five states in terms of the performance of the sector that witnessed over 7 per cent growth in the country in the COVID-hit 2020-21 [...]
by PTI News | Apr 1, 2022 | 5:27 pm | Economy, News
Bhopal, Apr 1 (PTI) The Madhya Pradesh Electricity Regulatory Commission (MPERC) has cleared a hike of 2.64 per cent in power tariff for the current financial year.The increase comes amid rising prices of fuels such as petrol, diesel and LPG.MPERC secretary Gajendra Tiwari told PTI on Friday that once the commission clears a hike in [...]
by PTI News | Apr 1, 2022 | 5:27 pm | Corporate Action, News
Mumbai, Apr 1 (PTI) House economists at the State Bank of India (SBI) have called for a slew of reforms to incentivise regional rural banks, including granting them on-tap licence for conversion into Small Finance Banks (SFBs). In September 2018, the Reserve Bank of India (RBI) allowed urban cooperatives and microfinance lenders to convert themselves [...]
by PTI News | Apr 1, 2022 | 5:24 pm | Commodities, News
BULLION CLOSING RATE MUMBAI, APRIL 1 (PTI) MUMBAI BULLION :- OPENING CLOSING SILVER SPOT (IN RS PER KILO) : 67173.00 66889.00 STANDARD GOLD (99.5) : 51615.00 51431.00 PURE GOLD (99.9) : 51822.00 51638.00 -------------------- PTI MUM SSBSSB SSB
by PTI News | Apr 1, 2022 | 5:23 pm | News
New Delhi, Apr 1 (PTI) Shares of Hero Motocorp on Friday declined over 2 per cent amid fresh concerns related to the I-T department detecting multiple irregularities after raids on the company. Hero Motocorp shares tanked 6.32 per cent to Rs 2,151.60 apiece during the day on the BSE. Later, it managed to recover some [...]
by PTI News | Apr 1, 2022 | 5:14 pm | News
Pune, Maharashtra, India (NewsVoir) Investing a sizeable corpus of money in an excellent financial tool like a fixed deposit over a longer tenor can yield a generous amount at maturity. It can help you grow your idle savings and even beat inflation. Since the payout isn't affected by market movements, you can calculate your expected [...]
by PTI News | Apr 1, 2022 | 5:12 pm | News
Mumbai, Maharashtra, India – Business Wire India HDFC Bank has been adjudged Best Performing Bank in SHG Linkage by National Rural Livelihood Mission (NRLM), Ministry of Rural Development, Govt of India. At a function organised at Vigyan Bhavan, New Delhi, the award was presented by Shri Giriraj Singh, Hon’ Minister of Rural Development to Mr. [...]
by PTI News | Apr 1, 2022 | 5:10 pm | Corporate Action, News
Bhubaneswar, Apr 1 (PTI) After bagging Utkal B1 and B2 coal block in the Angul-Talcher belt in the state, Jindal Steel & Power Limited (JSPL) on Friday said it would develop its Odisha plant into the largest and greenest facility in the world. This was stated by the company’s chairman Naveen Jindal. He said JSPL [...]
by PTI News | Apr 1, 2022 | 5:05 pm | Corporate Action, News
New Delhi, Apr 1 (PTI) Honda Cars India on Friday said Takuya Tsumura has taken charge as President and CEO of the company. As part of the organisational changes, the company has also elevated Kunal Behl as Vice President, Marketing and Sales from his erstwhile position of Operating Head – Sales and Network Development. In [...]
