New Delhi, Mar 24 (PTI) Public sector lender Bank of Maharashtra (BoM) on Thursday said it has raised Rs 290 crore by issuing Basel III compliant bonds. The bank issued Basel III compliant additional tier 1 (AT1) bonds of Rs 290 crore, including green shoe option of Rs 40 crore, on Wednesday at a coupon [...]
Mumbai, Mar 24 (PTI) RBI Governor Shaktikanta Das on Thursday inaugurated the Reserve Bank Innovation Hub (RBIH) in Bengaluru, set up with an initial capital contribution of Rs 100 crore to encourage and nurture financial innovation. The Hub has an independent Board with Senapathy (Kris) Gopalakrishnan as the Chairman and other eminent persons from industry [...]
Hyderabad, March 24 (PTI): With a buoyant aviation market, India needs 2,210 new aircraft over the next two decades, a senior official of Airbus said on Thursday. Brent McBratney, head of (airline marketing-India and South Asia) Airbus, said the fleet could comprise 1,770 new small and 440 medium and large aircraft. “This is what we [...]
Delhi | NCR, India (NewsVoir) SmartDukaan, a technology-driven direct to retail network committed to bridge the gap between organized urban mobile & electronics retail market and the unstructured sector. It is set to bring millions of retailer’s & consumers dreams to reality across the country. With its vast experience in retail and distribution sectors, the [...]
EKI Energy Services Ltd and Shell Overseas Investments B.V. on Thursday floated a joint venture company for nature-based solutions in India to reduce greenhouse gas emissions. "EKI Energy Services Ltd (EKI) and Shell Overseas Investments B.V. (The Netherlands), a unit of Shell plc, have joined hands to develop Nature-based Solutions (NBS) in India," a company [...]
India's top fuel retailers IOC, BPCL and HPCL together lost around USD 2.25 billion (Rs 19,000 crore) in revenue for keeping petrol and diesel prices on hold during elections in five states, including Uttar Pradesh, Moody's Investors Services said on Thursday. State fuel retailers did not revise petrol and diesel rates for a record 137 [...]
Bengaluru, Karnataka, India – Business Wire India • ‘Grama Digi Vikasana’ program is a Digital literacy initiative to enable gram panchayats with easy access to digital and internet services across Karnataka • The program was launched by Hon’ble Chief Minister of Karnataka, Shri Basavaraj Bommai and Alok Ohrie, President and Managing Director, Dell Technologies India [...]
Bangalore, Karnataka, India – Business Wire India Today, Fact Protocol announced that it has joined the Content Authenticity Initiative (CAI) to contribute to the CAI’s efforts in adopting the industry standard for digital content attribution. Adobe announced the launch of CAI in 2019 along with The New York Times Company and Twitter to combat mis/disinformation [...]
New Delhi, Mar 24 (PTI) People indulging in wrongdoing will be punished as there is no law in the country to protect either big industrialists or politicians, Commerce and Industry Minister Piyush Goyal told Parliament on Thursday. Responding to the debate on the Demands for Grants of the Commerce and Industry Ministry in the Lok [...]
New Delhi, Mar 24 (PTI) The combined annual turnover of Patanjali Ayurved group and its subsidiary Ruchi Soya is around Rs 35,000 crore and the target is to become India's number one food, FMCG and agriculture company in the next five years, Baba Ramdev said at a press conference on Thursday. He also announced that [...]
