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FPIs invest Rs 13,269 cr in Indian markets

by AIP Online Bureau | Jul 4, 2021 | Eco/Invest/Demography, Indian News

  New Delhi: In reversal of a two-month selling trend, foreign portfolio investors (FPIs) in June turned out to be net buyers by investing a net Rs 13,269 crore in Indian markets. This could be attributed to improvement in investor sentiments on the back of...

China orders Didi to be removed from app stores, days after mega US listing

by AIP Online Bureau | Jul 4, 2021 | Eco/Invest/Demography, International News, Technology

  Beijing: China's cyberspace administration said on Sunday that it had ordered smartphone app stores to stop offering the ride-hailing firm Didi Global Inc's app after finding that Didi had illegally collected users' personal data. The Cyberspace...

Amazon, Tata say Indian govt e-commerce rules will hit businesses: Report

by AIP Online Bureau | Jul 4, 2021 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

  New Delhi: Amazon.com Inc and India's Tata Group warned government officials on Saturday that plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar with the discussions told Reuters. At a...

The race to become the vanguard of India’s stock market is on

by AIP Online Bureau | Jul 4, 2021 | Eco/Invest/Demography, Indian News

  Mumbai: India’s $442 billion asset management industry is finally having to reckon with the passive investing juggernaut. After decades of sluggish growth, the number of accounts invested in index-tracking or exchange-traded funds more than doubled to 5.6...

50 pc applications for cyclone Yaas relief in Bengal rejected as ‘bogus’: Official

by AIP Online Bureau | Jul 4, 2021 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

  Kolkata: The West Bengal government has rejected as ''bogus'' almost 50 percent of the applications that were filed seeking compensation for the damage caused by cyclone Yaas, following spot verification by district authorities, a senior...
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