Recognized for the scale of deals closed in the past 12 months, reflecting its ‘One Axis’ philosophy Mumbai, Maharashtra, India (NewsVoir) Axis Bank, India’s third-largest private sector bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space. The award [...]
- PARTNERS WITH KAILASH SATYARTHI CHILDREN'S FOUNDATION TO EMPOWER CHILDREN MUMBAI, India, March 14, 2022 /PRNewswire/ -- The Leela Palaces, Hotels and Resorts welcomed Nobel Peace Laureate Kailash Satyarthi, to their Icons of India by The Leela initiative. Nobel Peace Laureate Kailash Satyarthi, envisions a world where all children are free, safe, healthy, receive a [...]
Paytm Payments Bank on Monday said it is fully compliant with the data localisation rules of the Reserve Bank of India and the entire data of the bank resides in the country. The RBI last week directed Vijay Shekhar Sharma- promoted Paytm Payments Bank Ltd (PPBL) to stop opening new accounts amid "material supervisory concerns" [...]
Mumbai, Maharashtra, India – Business Wire India Srichakra Polyplast (Srichakra), India’s first food-grade quality plastic recycling company announced today that its recycled polyethylene terephthalate (rPET) has received a positive safety assessment from the European Food Safety Authority (EFSA). The announcement comes as the Food Safety and Standards Authority of India (FSSAI) is set to approve [...]
MUMBAI, India, March 14, 2022 /PRNewswire/ -- IndoSpace, the real estate arm of Everstone Group and India's largest developer and owner of Grade A industrial real estate and logistics parks, has been awarded the 'Firm of the Year - India' at the PERE Global Awards 2021. IndoSpace has been participating in these awards since 2019 [...]
New Delhi, Mar 14 (PTI) The government on Monday sought Parliament nod for net additional spending of over Rs 1.07 lakh crore, including about Rs 15,000 crore towards fertilizer subsidy, in the third batch of supplementary demands for current fiscal year. As per the third batch of supplementary demands for grants tabled in the Lok [...]
New Delhi, Mar 14 (PTI) The Department of Pharmaceuticals (DoP) has extended the date of receipt of applications till March-end for the vacant slots under Production-Linked Incentive (PLI) Scheme for the promotion of domestic manufacturing of bulk drugs, an official release said on Monday. The government has launched the PLI scheme to encourgae domestic production [...]
Mumbai, Mar 14 (PTI) Equity indices marched higher for the fifth session on the trot on Monday, propelled by robust buying in banking and IT counters along with a decline in crude oil prices as hopes of headway in Russia-Ukraine talks boosted risk-on sentiment globally. European bourses opened higher following reports of tentative progress in [...]
New Delhi, Mar 14 (PTI) Kotak Mahindra Bank has been hit by the highest number of frauds at 642, involving Rs 1 lakh and above, in first nine months of 2021-22, Parliament was informed on Monday. It was followed by ICICI Bank and IndusInd Bank at 518 and 377, respectively. Directions issued by the Reserve [...]
New Delhi, Mar 14 (PTI) Former finance secretary Debasish Panda on Monday took charge as the new chairman of the Insurance Regulatory and Development Authority of India (Irdai). The appointment of the Irdai chairman comes nearly nine months after the vacancy was created following Subhash Chandra Khuntia completing his term in May last year. "Debasish [...]
New Delhi, Mar 14 (PTI) Defending its decision to sell Central Electronics Ltd to Nandal Finance & Leasing, the government on Monday said technological and managerial experience are not among the relevant criteria for the selection of a bidder in strategic disinvestment. The government in November approved the highest price bid of Rs 210 crore [...]
New Delhi, Mar 14 (PTI) DMK member T R Baalu on Monday slammed the government for lowering the interest rate on Employees' Provident Fund deposits to 8.1 per cent. Raising the issue during Zero Hour, Baalu also demanded that the Centre restore the interest rate on EPF deposits to 8.5 per cent and fix the [...]
New Delhi, Mar 14 (PTI) India's edible oil imports rose 23 per cent to 9,83,608 tonnes in February mainly due to a sharp rise in shipments of refined palm oil, industry body SEA said on Monday. Edible oil imports stood at 7,96,568 tonnes in the same month last year. Total import of vegetable oils (edible [...]
New Delhi, Mar 14 (PTI) DMK member T R Baalu on Monday slammed the government for lowering the interest rate on Employees Provident Fund deposits to 8.1 per cent. Raising the issue during Zero Hour, Baalu also demanded that the Centre restore the interest rate on EPF deposits to 8.5 per cent and fix the [...]
RD Group had organized its Annual Employee Meet on 27-28 February 2022. The agenda of this annual event was to appreciate the employees' commendable performance and their dedication towards work which has made RD Group achieve success. The RD Group organized a 2-day event at the luxurious The Lagoona Resort, Mumbai, to make the employees [...]
BENGALURU, India, March 14, 2022 /PRNewswire/ -- Cashfree Payments, India's leading payments and API banking solutions company, today announced the launch of 'softPOS'. softPOS is a Point of Sale (POS) solution for businesses like grocery stores, retail shops, food delivery apps, automobile industry, NBFCs etc. doing door-to-door collections. softPOS is available as an Android app, [...]
Bengaluru, Mar 14 (PTI) An Artificial Intelligence and Robotics Technology Park (ARTPARK) with a seed money of Rs 230 crore was launched on Monday at the Indian Institute of Science, Bengaluru. Of the Rs 230 crore, Rs 170 crore would be borne by the Central government and the rest by the Karnataka government, an official [...]
New Delhi, Mar 14 (PTI) Bank frauds over the last five years have come down drastically to Rs 648 crore in first nine months of 2021-22, on the back of structural and procedural reforms to check such incidents, Parliament was informed on Monday. In 2016-17, bank frauds stood at Rs 61,229 crore, which declined to [...]
NEW DELHI, March 14, 2022 /PRNewswire/ -- Azure Power (NYSE: AZRE), a leading sustainable energy solutions provider and power producer in India, announced full commissioning of its 300 MWs Interstate Transmission System (ISTS) connected solar power project, Rajasthan 8, allocated by Solar Energy Corporation of India (SECI). The project is in Bhadla, Rajasthan and the [...]
