New Delhi, Feb 22 (PTI) Mutual fund distribution platform, ZFunds, on Tuesday announced the launch of Rs 100 daily mutual fund SIP, which is conceptualised specifically for people residing in rural areas and small towns. The initiative is launched in collaboration with ICICI Prudential Mutual Fund, HDFC Mutual Fund, and Tata Mutual Fund, ZFunds said [...]
DURHAM, N.C., Feb. 22, 2022 /PRNewswire/ -- US-based Velocity Clinical Research ("Velocity"), the world's largest fully integrated clinical site organization, today announces its acquisition of TrierHealth, digital clinical trials platform whose R&D team operates out of Hyderabad, India, to develop patient-focused technology. TrierHealth's founder, Raghu Punnamraju, will become Velocity's Chief Technology Officer. The investment in [...]
IDFC FIRST Bank MD and CEO V Vaidyanathan has gifted 9 lakh shares of the bank held by him, worth over Rs 3.95 crore, to five individuals, including his trainer, househelp and driver, to help them purchase homes. These five people are unrelated to the top official of the private sector bank. Earlier too, he [...]
Indiabulls Housing Finance Ltd on Monday said the Enforcement Directorate (ED) has sought some information about certain clients, and the matter relates to an old FIR filed against the company by one individual with "malicious" intent. "Enforcement Directorate has sought some information regarding certain clients and the matter originates from ECIR No. 07/HUI/2021 filed by [...]
New Delhi, Feb 21 (PTI) Tata Consultancy Services (TCS) on Monday announced the launch of its Sydney Digital Garage to help customers in Australia and New Zealand leverage co-innovation and accelerate digital transformation. The advanced research hub is designed to holistically look at innovation, helping businesses establish their competitive differentiation, increase speed to market, and [...]
New Delhi, Feb 21 (PTI) The Supreme Court has agreed to hear in open court a review plea filed by Cyrus Investments Limited against its order setting aside appellate tribunal NCLAT's order which had restored Cyrus Mistry as the executive chairman of the Tata group.A three-judge bench of Chief Justice N V Ramana, Justice A [...]
New Delhi, Feb 21 (PTI) SBI Life Insurance Company (SBI Life) on Monday said its promoter BNP Paribas Cardif, holding 0.2 per cent share capital, has requested to be reclassified as a public shareholder. "The company has received request from BNP Paribas Cardif, one of the promoters of the company, holding 0.20 per cent of [...]
New Delhi, Feb 21 (PTI) Adani Group and Ballard Power Systems have joined hands to evaluate a joint investment in hydrogen fuel cells manufacturing in India. Under the MoU, both parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India, Adani group said in a statement. Hydrogen is increasingly [...]
New Delhi, Feb 21 (PTI) IPO-bound Life Insurance Corporation (LIC) on Monday said it would like to retain some stake in IDBI Bank so that the insurer continues to reap the benefits of the bancassurance channel. IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional [...]
New Delhi, Feb 21 (PTI) FMCG major HUL is working to create an ‘intelligent enterprise’, moving away from the traditional linear value chain to a non-linear ecosystem to stay abreast of the changing needs, said Chairman and Managing Director Sanjiv Mehta on Monday. While addressing an AIMA event, he also welcomed the government steps to [...]
