Month: August 2022

Stock Market India: Equity benchmarks surged on Tuesday, with the Sensex jumping over 1,500 points, reversing the meltdown in the previous session. NDTV Profit-Latest

Shriram Transport Finance Company Ltd plans to raise an additional 50 billion rupees ($627.20 million) in the second half of the financial year to fund growth opportunities. NDTV Profit-Latest

Shriram Transport Finance Company Ltd plans to raise an additional 50 billion rupees ($627.20 million) in the second half of the financial year to fund growth opportunities. NDTV Profit-Latest

The government is likely to invite preliminary bids for selling a stake in IDBI Bank next month and the discussions with the RBI are at the final stages, an official … Read More

Axis Bank is in talks to acquire a stake in Go Digit Life Insurance, two sources with direct knowledge of the matter told Reuters. NDTV Profit-Latest

Economist Abhijit Sen, who died on Monday night, was a strong advocate of the public distribution system of foodgrains and a leading expert on rural economy. NDTV Profit-Latest

Indian economy’s size will touch USD 20 trillion by 2047 provided the annual average growth is 7-7.5 per cent in the next 25 years, Economic Advisory Council to the Prime … Read More

Qatar’s central bank has issued its first license for digital payments services to iPay by Vodafone Qatar and Ooredoo Money, it said in a tweet on Tuesday. NDTV Profit-Latest

Public sector lender Bank of India has filed a petition before the National Company Law Tribunal (NCLT), to initiate insolvency proceedings against debt-ridden Future Lifestyle Fashions Ltd (FLFL). NDTV Profit-Latest

Nandan Nilekani-backed intercity mobility startup IntrCity SmartBus is looking to raise USD 20-30 million funds by the end of this year to drive its future growth plans, its co-founder Kapil … Read More