In his petition, Swamy alleged Axis Bank made undue profits...
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Government, Banks, regulators and security agencies need to collaborate to check cyber security for banking industry
L to R- Vivek Joshi, secretary, Department of Financial Services,...
Indian port workers call for strike over pay and pension demands
Around 20,000 workers are part of the group of port workers'...
Amid Covid surge, RBI to opt for status quo in monetary policy: Experts
In a report, Dun & Bradstreet said the recent surge in the COVID-19 cases and the restrictions imposed by several states will impose further uncertainty and hurdles to the pace of revival of industrial production.
IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21
Companies including LIC, HDB Financial Services, NCDEX, ESAF Small Finance Bank are expected to come out with their IPOs in 2021-22, said Rajendra Naik, Managing Director – Investment Banking, Centrum Capital.
Sandeep Bhardwaj, CEO, Retail at IIFL Securities said the IPO pipeline remains strong with 28 companies holding markets regulator Sebi’s approval for raising nearly Rs 28,710 crore through initial share-sale going forward.
Fire breaks out in govt hospital in Kanpur; no casualty
The chief minister also directed a high-level team, including the principal secretary, health education and the director general of the fire department, to visit the site and give its report immediately.
Banks to conduct special clearing operations for closure of govt accounts on Mar 31: RBI
Under this, presentation clearing will take place between 1700 to 1730 hrs and return clearing will take place between 1900 and 1930 hrs at the three CTS (cheque truncation system) grids located in New Delhi, Chennai and Mumbai.
Under the CTS system, there is no need to present a cheque physically for clearance, instead an electronic image is being transmitted to the paying branch through the clearinghouse, with the relevant data.
Jal Shakti Ministry approves Rs 465 cr performance incentive to 7 states under Jal Jeevan Mission
Since the announcement of Jal Jeevan Mission on August 15, 2019, four crore households have been provided tap water connections, thus increasing the tap water supply from 3.23 crore (17 percent) rural households in the country to more than 7.20 crore (37.6 percent), the statement added.
This is the ”speed and scale” of the work being undertaken to provide clean drinking water to every rural household, it said.
COVID-19: Daily deaths over 300 for first time this year, 62,714 new cases
The 312 new fatalities include 166 from Maharashtra, 45 from Punjab, 14 from Kerala, 13 from Chhattisgarh, and 10 from Delhi
India says video streaming platforms should be held responsible for content
India tightened its grip on social media firms such as Facebook and Twitter. The rules, called the “Intermediary Guidelines and Digital Media Ethics Code”, also require firms such as Netflix and Amazon’s Prime Video to classify content into categories based on viewers’ age.
Disinvestment target of FY22 achievable; LIC IPO to bring Rs 1 trn: CEA
“Of this, BPCL privatisation and LIC listing itself were important contributors. There are estimates suggesting Rs 75,000-80,000 crore or even higher can just come from the privatisation of BPCL itself. LIC IPO could bring in Rs 1 trillion approximately,” he said.
Fire at Mumbai hospital: FIR names HDIL’s Wadhawans
”Rakesh Wadhawan, Nikita Amit Singh Trehan, Sarang Wadhawan and Deepak Shirke, who are directors of the mall, and Amit Singh Trehan and Sweety Jain, who are directors of the hospital are named in the FIR. Nikita Trehan is also a director of the hospital,” said a police official.
There was mismanagement in terms of security and the fire safety equipment was not checked regularly,” the official said.
The four-storey (ground plus three) mall houses as many as 1,108 shops, but 40 per cent of them are closed, he said.
Courtrooms to shrink in future thanks to technology: CJI
I see a trend of having smaller courtrooms in the future because of Ravi Shankar Prasad”s ministry. The e-filing and data which can be contained is going to take away the need for many storage rooms and many rooms which are necessary for storing papers. The SC has done its bit on issues of court infrastructure. It has devised benchmarks and frameworks for minimum standards,” said Chief Justice of India S A Bobde