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FPIs pulled out Rs 10,355 cr from equities in last 4 trading sessions on US tariffs
"The potential for a full-blown trade war could have far-reaching...
Corporate affairs ministry proposes changes to rules related to fast-track mergers
In her Union Budget speech on February 1, Finance Minister Nirmala...
Co-WIN platform will be used for transparent organ, blood donation says Dr RS Sharma
"Nobody knows if there is any person nearby who can donate the blood. We will put everybody on this blood donation platform which can become an extremely dynamic blood donation platform. Through Co-WIN you can see which vaccines are available, likewise for blood, you...
HDFC Life to raise up to Rs 350 cr debt capital via bonds
The Capital Raising Committee of the company's board approved a proposal for raising up to Rs 350 crore through the issuance of 3,500 non-convertible debentures, HDFC Life said in a regulatory filing The company said the bonds will carry a coupon rate of 8.20 percent...
Big tech’s financial services play poses systemic concerns like overleverage: RBI Governor Das
Shaktikanta Das,Governor,RBI The entry of firms like Google, Amazon, and Facebook (Meta), referred to as big tech companies, also poses question marks around competition and data privacy. Das said deploying harsh recovery methods like calling up at odd hours or using...
Investors lose Rs 15.74 trn of wealth as markets log 5th day of fall
"After today's sharp plunge, we suspect bulls will have to battle hard in the backdrop of a hawkish Fed and RBI, spiking oil prices, inflation concerns, growth fears and persistent FIIs selling," said Prashanth Tapse, Vice President (Research), Mehta Equities Ltd...
E&Y bags Rs10 cr GIPSA award for overhauling 4 PSU general insurers in 10 months
E&Y has beaten three other international consultants, Boston Consulting Group,(BCG), KPMG and AT Kearney to bag this prestigious project As per the new RPF, all the four companies are calling for only one consultant to lay down uniform process in terms of human...
Unlocking Surety Bonds: Gadkari asks IRDAI to develop a model product for general insurance industry
Nitin Gadkari, union minister for Road Transport & Highways `After discussing several challenging issues that are making Surety Bond a complete non-starter, minister has suggested to the IRDA that it should develop some model product having all the basic...
Stake dilution in life insurance subsidiary only when valuation is attractive: Canara Bank MD
(L to R) Anuj Mathur,MD and CEO, Canara HSBC Life Insurance,L V Prabhakar,MD & CEO, Canara Bank,Hitendra Dave, CEO,.HSBC India at a media meet in Mumbai Mumbai:Public sector lender Canara Bank may look at diluting its stake in Canara HSBC Life Insurance at a time...
Talent Hunt: IRDA offers Rs 1.5 crore of annual package to a new CEO of Insurance Information Bureau
New IRDAI chairman Debasish Panda has already made his intention public to broadbase the ownership of the Insurance Information Bureau of India and has suggested that instead of the IRDAI, let the insurers through their representative body General Insurance Council...
Rajasthan and Chhattisgarh exit NPS, PFRDA refuses to return their accumulated fund
Supratim Bandyopadhyay, chairperson, PFRDA Supratim Bandyopadhyay, chairperson, PFRDA, said, the total assets under NPS has touched Rs 35 trillion and currently almost has an AUM of Rs 7,40 trillion with 5.33 subscribers across central and state government...
.LIC ups stake in Hero MotoCorp, HUL, Capri Global
LIC's shareholding in Hindustan Unilever (HUL) has increased from 11,73,80,500 to 11,76,90,500 equity shares, aggregating to 5.008 per cent of the paid-up capital of the company Mumbai:LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and...