LIC manages to grow biz 10% in FY21 amid Covid
The corporation’s chairman M R Kumar revealed on Friday that business growth for the year FY21 was 10 per cent. – Stocks-Markets-Economic Times
Month: April 2021
New CGM pay scale at public banks upsets top execs
The new pay scale for bank CGMs has been fixed at Rs 166350-183950 from Rs 103,000-113900 and this would be effective retrospectively from the date when they assumed charge in … Read More
Tech spends to grow 7.3% in 2021: Study
With this projection, IT spends by Indian organisations also reach closest to the pre-Covid levels during 2019 when India’s IT spends stood at $92 billion. – Stocks-Markets-Economic Times
Irdai eases rules to allow insurers to invest in startups via fund of funds
The Irdai’s move comes as a major fillip to scores of startups looking for alternative modes of financing, other than foreign private equity and venture capital funds. – Stocks-Markets-Economic … Read More
Sebi asks 20 entities to disgorge over Rs 3.3 cr
The order follows an investigation carried out by Sebi between September 2011 and September 2012. – Stocks-Markets-Economic Times
Govt raises Rs 32,853 cr through G-sec auction; highest weekly market borrowing in 11 months: Report
The amount of Rs 32,853 crore — higher than the notified quantum of Rs 32,000 crore — has been raised at a rate of 6.14 per cent, indicating that the … Read More
Brave New World: Corporate bond spreads continue to support higher equity markets
I believe the US companies will invest massively outside of China to secure supply chains for electric vehicles. – Stocks-Markets-Economic Times
Fuel Consumption Rose In March 2021 To Highest Since December 2019
Petrol, Diesel Sales March 2021: Petrol sales last month registered a growth of 27.4 per cent year-on-year, while diesel consumption also went up 27.6 per cent year-on-year. – NDTV … Read More
High-Net Worth Individuals Chose Ethical Buying Amid COVID-19: Swiss Bank
The pandemic gave rise to a movement of conscious consumption, which went mainstream and was seen in almost every sector. The trend of conscious consumption was also reflected in the … Read More
NSE-BSE bulk deals: HDFC Mutual Fund buys stake in Timken India
Tricot Investments sold 1.12 million shares of Timken India at Rs 1,360 apiece through a bulk deal on the NSE. – Stocks-Markets-Economic Times