MUMBAI, India, March 11, 2022 /PRNewswire/ -- Mumbai-based Prepaid Payment Instrument (PPI) Issuer LivQuik today announced achieving full Interoperability as mandated by the Reserve Bank of India for their Prepaid payments Instruments and is also the first PPI Issuer to have achieved full interoperability thereby allowing its customers the choice of issuing a prepaid payment [...]
Mumbai, Mar 11 (PTI) Strengthening economic recovery and stable financial metrics will help state-owned banks have stable earnings during the next financial year, aided by the gradual unwinding of regulatory forbearance through the year, according to a report. Fitch Ratings in the report on Friday also said private sector banks are better placed to reap [...]
The round also saw participation from existing investors including 3one4 Capital, Vertex Ventures, and India Quotient, with Founder Bank Capital and Verlinvest joining as new investors New Delhi, Delhi, India (NewsVoir) As the deal activity continues to gather steam in the attractive digital audio space in India, KukuFM, India’s leading subscription based digital audio platform, [...]
Bangalore, Karnataka, India (NewsVoir) Terra, the latest addition under the Hafele Surfaces brand, defines all that is “Hafele” - it comes with our promise of exceptional German quality; our legacy of understanding kitchens; our expertise in engineered stone materials; and our commitment to service. It is a Quartz dominated surface range (with a 20 mm [...]
Washington, Mar 11 (PTI) India has been very good at managing its finances but the surge in global energy prices after Russia's military operations in Ukraine is going to have a negative impact on its economy, according to IMF Managing Director Kristalina Georgieva. The head of the International Monetary Fund (IMF), during a media round [...]
New Delhi, Mar 11 (PTI) Crude oil prices on Friday rose by Rs 120 to Rs 8,274 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 120 or 1.47 per cent to Rs 8,274 per barrel in 6,502 [...]
Washington, Mar 11 (PTI) Russia's invasion of Ukraine has consequences not only on that country, but also in the region and the world, IMF Managing Director Kristalina Georgieva has warned, saying the "unthinkable" has happened in Europe. The top official of the International Monetary Fund (IMF), during a media round table on Thursday on the [...]
Jindal Steel and Power Limited (JSPL) on Friday said it will pay a dividend to investors for financial year 2021-22 and aims to become net debt-free in the upcoming financial year. "JSPL has declared an interim dividend of Re 1 per equity share i.e. 100 per cent on the face value for the Financial Year [...]
Many brokerages are bullish on the shares of Devyani International and believe that the stock may rally further as the company is aggressively expanding its store network. Devyani International is the second-largest QSR chain (Quick Service Restaurant) in India that operates brands like KFC, Pizza Hut and Costa Coffee, after Jubilant FoodWorks which operates Domino's [...]
New Delhi, Mar 11 (PTI) Tata group firm Titan Company on Friday said its subsidiary has inked a pact to acquire 17.5 per cent voting rights in US-based Great Heights Inc for USD 20 million (around Rs 152 crore). TCL North America Inc (TCLNA), a wholly-owned subsidiary of the company, has signed a stock purchase [...]
New Delhi, Mar 11 (PTI) Drug firm Strides Pharma Science on Friday said its subsidiary has received approval from the US health regulator to sell colchicine tablets, used for the treatment and prevention of gout, in the American market. Singapore-based Strides Pharma Global Pte, a step down wholly-owned subsidiary of the company, has received approval [...]
MUMBAI, MAR 11 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 75.55 77.05 75.49 77.21 EUR/INR 82.54 85.38 82.47 85.55 GBP/INR 98.29 101.45 98.21 101.65 JPY/INR 64.43 66.60 64.38 66.73 [...]
MUMBAI, MAR 11 (PTI) Money Market Operations as on March 10, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume Weighted (One Leg) Average Rate Range A. Overnight Segment 511,518.97 3.74 0.25-5.95 I. Call Money 9,830.25 3.45 2.00-4.00 II. Triparty Repo 360,539.10 3.77 3.50-4.90 III. Market Repo 141,114.52 3.69 0.25-4.50 IV. Repo [...]
Automobile dispatches from factories to dealerships across the country declined 23 per cent in February, as various supply-side challenges, including semiconductor shortage, and rise in vehicle prices due to the implementation of new regulations continued to impact demand scenario, industry body SIAM said on Friday. Wholesales of domestic passenger vehicles, two-wheelers and three-wheelers declined 23 [...]
The company’s board had approved the issue of bonus shares in the ratio of 2:1 on February 8, 2022.As per experts, the price-to-moving averages action, coupled with key momentum oscillators are clearly in favour of the bulls, however, the RSI has entered the overbought territory and quotes above 70 levels. Many stocks have rallied more [...]
Colombo, Mar 11 (PTI) The Lanka Indian Oil Company (LIOC), the Sri Lankan subsidiary of India’s oil major Indian Oil Corporation has hiked the retail prices of petrol and diesel with effect from Friday due to the significant depreciation of the Sri Lankan Rupee, the third time the firm has increased fuel prices in a [...]
MUMBAI, India, March 11, 2022 /PRNewswire/ -- Raisin Global, a brand by Parvati Fabrics Ltd, is a comfort-apparel brand powered by women for women. With women participating actively in all aspects from back-end to accounts and administration, women constitute 60% of the brand's workforce. Mr. Vikash Pacheriwal, the Co- Founder, believes in debunking the stereotypical [...]
The 14-acre integrated development at the heart of Worli is a flagship project of Birla Estates Mumbai, Maharashtra, India – Business Wire India Birla Niyaara, the flagship project of Birla Estates Pvt Ltd, has received an overwhelming response and recorded sales of INR 1000 Crore booking value making it the most successful launch in MMR [...]
