GAIL (India) Ltd on Thursday said it will buyback about 5.7 crore shares for Rs 1,083 crore as it looks to use its healthy balance sheet to reward shareholders for the second time in as many years. GAIL had in 2020-21 spent Rs 1,046.35 crore on a similar share buyback. The board of directors of [...]
MUMBAI, MAR 31, (PTI) Money Market Operations as on MAR 30. (Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 453,815.35 3.37 0.01-3.70 I. Call Money 11,484.75 3.27 2.20-3.60 II. Triparty Repo 339,887.25 3.38 3.10-3.45 III. Market Repo 102,443.35 3.34 0.01-3.70 IV. Repo in [...]
New Delhi, Mar 31 (PTI) Toyota Kirloskar Motor (TKM) on Thursday said its iconic SUV model Hilux is priced between Rs 33.99 lakh and Rs 36.8 lakh (ex-showroom) across the country. Launched earlier this year, the Hilux is aimed to fulfil the needs of the customers seeking a lifestyle utility vehicle that is best suited [...]
New Delhi, Mar 31 (PTI) The Indian auto component industry is expected to clock 8-10 per cent growth in FY23, supported by the easing of supply-chain issues and commodity inflation in the second half of the year, according to rating agency Icra.For 2021-22, the revenue growth of the industry is pegged at 13-15 per cent, [...]
New Delhi, Mar 31 (PTI) Electric two-wheeler maker Ultraviolette on Thursday said it has acquired Triloki Smart Systems, a connected vehicle technology start-up. The acquisition of Triloki Smart Systems, a Bangalore-based technology start-up, is part of the strategy to push towards scaling up the company's automotive intelligence platform (AIP) across multiple products and geographies, Ultraviolette [...]
New Delhi, Mar 31 (PTI) Private equity firm Bain Capital on Thursday said it will acquire a 24.98 per cent stake in IIFL Wealth Management Limited for Rs 3,679 crore.BC Asia Investments X Limited, a subsidiary of Bain Capital, has proposed to pick up a 2.2 crore stake held by General Atlantic Singapore Fund Pte [...]
New Delhi, Delhi, India (NewsVoir) Max Life Insurance Co. Ltd. (“Max Life”/“Company”), announced that its ecommerce channels have achieved 8x growth over the last four years. Currently, the Company has over 18% of its new policies being purchased through the e-commerce channels. The contribution of aggregators and online-brokers is 65%. With the insurance industry projected [...]
Saarthi-FX offers infinite possibilities with innovative tech-first solutions. Whether it’s safe RTW, Smart Occupancy Management, Intelligent Building Management System (iBMS), or Drone enabled building Inspection & Surveillance, Saarthi-FX transforms workspaces through tech. Delhi, India – Business Wire India Compass Group India, a leading support services provider has launched Saarthi-FX, a revolutionary workplace management solution. Aligning [...]
