by PTI News | Mar 31, 2022 | 8:26 pm | News, News Alert
White House: Biden orders release of 1M barrels of oil per day from strategic reserve for 6 months to bring down prices, reports AP. PTI RUP RUP
by PTI News | Mar 31, 2022 | 8:25 pm | News
New Delhi, Mar 31 (PTI) Wipro Consumer Care & Lighting's venture funding arm, Wipro Consumer Care - Ventures, has invested in a Singapore-based VC Fund DSG Consumer Partners IV, a statement said. The company did not disclose the amount of funding. DSG, since its inception in 2012, is focused on the Asian consumer segment with [...]
by PTI News | Mar 31, 2022 | 8:24 pm | News
New Delhi, Mar 31 (PTI) The government on Thursday kept interest rates unchanged for small savings schemes, including PPF and NSC, for the first quarter of 2022-23 amid rising inflation. The interest rate has not been revised since the first quarter of 2020-21. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to [...]
by PTI News | Mar 31, 2022 | 8:22 pm | Corporate Action, Economy, News
New Delhi, Mar 31 (PTI) Several income tax proposals, including 30 per cent tax on income from trade in cryptocurrencies will come into effect from Friday. Also, the revised norms for levy of 1 per cent TDS (tax deducted at source) on sale of immovable property exceeding Rs 50 lakh will come into effect from [...]
by PTI News | Mar 31, 2022 | 8:03 pm | Commodities, News
New Delhi, Mar 31 (PTI) Patanjali Ayurved-owned Ruchi Soya on Thursday fixed the issue price of its follow-on public offer at the upper limit of its price band at Rs 650 per equity share to raise Rs 4,300 crore. Ruchi Soya hit the capital market with its FPO on March 24 to raise Rs 4,300 [...]
by PTI News | Mar 31, 2022 | 7:46 pm | IPO, News
New Delhi, Mar 31 (PTI) The initial public offering of Veranda Learning Solutions Limited was subscribed 3.53 times on the last day of the offer on Thursday. The Rs 200-crore public offer received bids for over 4.15 crore shares against 1.17 crore shares on offer, according to the data available with the NSE. The category [...]
by PTI News | Mar 31, 2022 | 7:45 pm | News
Mumbai, Mar 31 (PTI) The Reserve Bank of India on Thursday gave another extension till March 2023 to banks to implement its direction on use of only lockable cassettes for replenishing cash in their ATMs. Currently, most of the ATMs (Automated Teller Machines) are replenished by way of open cash top-up or by loading cash [...]
by PTI News | Mar 31, 2022 | 7:40 pm | News
New Delhi, Mar 31 (PTI) State-run Indian Renewable Energy Development Agency (IREDA) has sanctioned a Rs 267.67-crore loan to BluSmart Mobility for the purchase of 3,000 all-electric cars. "In a bid to promote electric vehicles in Delhi-NCR region, Indian Renewable Energy Development Agency Ltd (IREDA), the largest lender of the Renewable Energy sector in India, [...]
by PTI News | Mar 31, 2022 | 7:32 pm | News
New Delhi, Mar 31 (PTI) Providing more time to fund houses, Sebi on Thursday extended the deadline for implementing certain directions for mutual funds, including those pertaining to usage of pool accounts for transactions, to July 1. In October 2021, Sebi had said that stock brokers and clearing members should not accept payment through one-time [...]
by PTI News | Mar 31, 2022 | 7:31 pm | Economy, News
New Delhi, Mar 31 (PTI) The Union government is looking to raise Rs 8.45 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy, the Finance Ministry said on Thursday. Out of gross market borrowing of Rs 14.31 lakh crore estimated for FY2022-23, Rs 8.45 lakh [...]
