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Paytm share price hits 20% lower circuit after RBI’s restrictions on Paytm Payments Bank
Mumbai: Following the Reserve Bank of India's restrictions on Paytm Payments Bank Limited (PPBL), Paytm's share price on February 1 witnessed huge selling pressure. Paytm shares opened lower at ₹608.80 apiece on BSE and touched a 20 per…
RBI Bars Paytm Payments Bank From Onboarding New Customers On Supervisory Concerns
New Delhi: The Reserve Bank of India has directed Paytm Payments Bank Ltd to stop onboarding new customers with immediate effect.
The Comprehensive System Audit report and subsequent compliance validation report of the external auditors…
India slashes import duty on mobile phone components to 10%
New Delhi: India has cut import duty on parts used for manufacturing of mobile phones to 10% from 15%, a move aimed at boosting exports from Asia’s third-largest economy.
The import duty on parts such as battery covers, main…
Tata Motors Overtakes Maruti Suzuki – Emerges as India’s Most Valued Automaker
Mumbai: Tata Motors, India's biggest automotive company by sales, has trumped Maruti Suzuki in the market capitalization sweepstakes for the first time in nearly seven years, reflecting the increasingly robust performance for all its…
SBI To Down-Sell Half Of Rs 11,000 Crore Loan To Adani’s Ganga Expressway Project
New Delhi: More than a year after disbursing loans to Adani Group's Ganga Expressway project, State Bank of India is in the process of down-selling half of the nearly Rs. 11,000-crore loan exposure to the longest-tolled tolled road project…
Vedanta Aluminium recognised as world’s most sustainable aluminium producer by S&P Global…
Bhubaneswar: Vedanta Aluminium, India’s largest producer of aluminium, announces securing the top rank in the esteemed S&P Corporate Sustainability Assessment (CSA) rankings for the aluminium industry, for the assessment period 2023.…
Startup Odisha to Organise STARTUP UTSAVV 2024
Bhubaneswar: Startup Odisha, an initiative of the MSME Department, Government of Odisha is all set to celebrate the grand event STARTUP UTSAVV 2024, which is dedicated to recognizing and celebrating the state's spirit of innovation and…
Adani Green Energy Completes Funding Of Reserves For Usd 750 Million Holdco Bond
New Delhi: Adani Green Energy Limited has completed the funding for the USD 750 million 4.375 notes due 09 September 2024 with the receipt of the funds under the preferential allotment of Rs 9,350 Cr to the promoters of AGEL.
The…
Bernard Arnault Overtakes Elon Musk To Become The World’s Richest Person
New York: Bernard Arnault, Chairman and CEO of Moet Hennessy Louis Vuitton (LVMH) has surpassed Elon Musk to become the richest man in the world. As per Forbes, the net worth of the French billionaire and his family grew to $207.6 billion…
Vi Introduces Swiggy One on Vi Max Postpaid Plans
After introducing the industry-first initiative, ‘Choice’, which enables Vi users to choose their preferred benefits across entertainment, food, travel, and mobile security, Vi, a leading telecom operator, today announced the addition of…