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Bank of Baroda launches ₹4,500 cr share sale Bank of Baroda The floor price of the QIP is fixed at ₹85.98 per share. The floor price is 4.36% discount to its Thursdays closing price The bank said that the proceeds from the issue will be used to augmenting its tier 1 capital to meet the bassel III and to support growth plans and to enhance business Share Via Read Full Story Mumbai: State run Bank of Baroda on Thursday said in a notice to exchanges that its board has approved raising upto...

Deutsche Bank targets 450 jobs in first round of branch closures Deutsche Bank last year announced plans to close 100 out of its 500 Deutsche Bank-branded branches (AFP)Premium . Updated: 25 Feb 2021, 06:26 PM IST Bloomberg An exact number hasn’t been decided and the figure may still change as talks with works councils continue, sources said The reductions are part of Chief Executive Officer Christian Sewing’s plan to eliminate 20% of Deutsche Bank’s workforce in a four-year restructu...

The report said that consumer wardrobe will continue to move towards more casual wear with a greater focus on athleisure.The lockdowns and subsequent restrictions on movement is expected to delay the growth of India’s over retail market by 1 to 2 years

Govt tightens scrutiny on social media sites The government had asked OTT platforms to come up with a code of self-regulation multiple times but the last draft of the same had allowed for no third-party intervention (iStock ) Share Via Read Full Story The government on Thursday unveiled sweeping rules aimed at giving it greater control over large social media and messaging firms, such as Facebook and Twitter, digital news websites and video-streaming platforms. The new rules are likely to have...

Covid-19 vaccination: Those eligible in next phase can register on Co-Win app from 1 March Covid-19 vaccination: Get yourself registered on Co-win from March 1 (AP) The new version of the Co-WIN app will be GPS-enabled through which the beneficiaries will be able to choose the inoculation session site Apart from Co-Win App, there will also be a walk-in provision for the beneficiaries to get themselves registered at the session sites Share Via Read Full Story Registrations of next phase of Indi...

WHO chief thanks PM Modi for sharing Covid vaccine doses under COVAX programme WHO chief thanks PM Modi for sharing Covid vaccine doses under COVAX programme (REUTERS) On Wednesday, Ghana became the first country in the world to receive vaccines acquired through COVAX initiative Share Via Read Full Story Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, on Thursday thanked Prime Minister Narendra Modi for supporting vaccine equity. He also said your commitment to ...

More than 2.5 million daily active users spend 600 million minutes per month on Doubtnut platforms, the company claims. Doubtnut app offers solutions for over 65 million questions a month in 9 languages for students of CBSE and 15 state boards

Bharti Airtel raises $1.25 bn through overseas bonds The fundraising will further support Airtel’s capital structure, says a company official. 1 min read Airtel‘s subsidiary, Network i2i, priced perpetual bonds at a coupon of 3.975% Share Via Read Full Story NEW DELHI : Bharti Airtel Ltd has raised $1.25 billion overseas by selling senior bonds and perpetual bonds, in the largest fundraising by any Indian investment grade issuer since January 2019, it said on Thursday. Bharti Airtel priced ...

Regulator proposes to introduce concept of ‘accredited investors’ Photo: Mint Sebi is open for comments from the public on the proposed framework till 18 March Share Via Read Full Story With an aim to provide a relaxed regulatory framework for sophisticated investors and introduce products designed to meet investor-specific risk profile, the Securities and Exchange Board of India (Sebi) has released a consultation paper on the introduction of the concept of “accredited investors" in the I...

Earthquake of 3.6 magnitude hits Guwahati and nearby areas Earthquake of 3.6 magnitude hits Assam 1 min read . Updated: 25 Feb 2021, 11:50 PM IST PTI An earthquake of 3.6 magnitude hit Guwahati city and its nearby areas in Assam on Thursday, an official bulletin said. There was no immediate report of any loss of life or damage to property, it said. Share Via Read Full Story An earthquake of 3.6 magnitude hit Guwahati city and its nearby areas in Assam on Thursday, an official bulletin said. T...