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February 22, 2021
Deccan Urban Co-op Bank: RBI caps withdrawal limit at ₹1,000 for next 6 months Reserve Bank on Friday said that it has put restrictions on Karnataka-based Deccan Urban Co-operative Bank LtdPremium 1 min read RBI has also barred the bank from granting fresh loans or accepting deposits. Share Via Read Full Story The Reserve Bank of India on Friday said that it has put restrictions on Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits. The central...
February 22, 2021
India inks free trade agreement with Mauritius, delivers 1 lakh Covid vaccine Foreign minister S. Jaishankar India and Mauritius Monday signed free trade agreement along with five key pacts. This is the first such agreement with an African country. Share Via Read Full Story India and Mauritius on Monday signed free trade agreement along with five key pacts. This is the first such agreement with an African country. The agreement was signed during the visit of External Affairs Minister S Jaisha...
February 22, 2021
Future-Reliance deal: NCLT can carry on proceedings but can not pass final order, says SC The Delhi High Court on 8 February had stayed its single judge direction to FRL and various statutory authorities to maintain status quo on the mega deal (MINT_PRINT)Premium Share Via Read Full Story The Supreme Court Monday asked the National Company Law Tribunal (NCLT) not to pass a final order Future Retail Ltd’s ₹24,713-crore asset sale to Reliance Industries Ltd. The apex court also agreed to he...
February 22, 2021
When compared with last years high, gold is down about ₹10,000 per 10 gram.Benchmark US Treasury yields have risen to a near one-year high, souring the non-interest bearing golds appeal.
February 22, 2021
The Aam Aadmi Party (AAP) has strongly come out in favour of the farmers protesting the new farms laws
February 22, 2021
What Warren Buffett’s stock market strategy has signalled Buffett picked a few stocks but has largely given the current bull run a passPremium Tara Lachapelle Share Via Read Full Story It was already pretty safe to say that Warren Buffett wasn’t going to get in on the overzealous GameStop Corp. buying action of late. But a regulatory filing Tuesday signalled that the famed investor is still hesitant about stocks generally, with his Berkshire Hathaway Inc. back to hoarding cash while riding ...
February 22, 2021
India offers $100 mn loan to Mauritius for defence acquisition Premium 1 min read Share Via Read Full Story India and Mauritius on Monday consolidated their economic and strategic ties with a trade agreement which will help boost post-covid recovery and a $100-million line of credit for Male to procure defence equipment. The two countries signed six agreements in the presence of visiting Indian foreign minister S. Jaishankar and Mauritius Premier Pravind Jugnauth. Deals were also signed to leas...
February 22, 2021
Vedantu acquires doubt-solving platform Instasolv The Indian edtech market is expected to grow 3.7 times to become a $10 billion opportunity by 2025, says an expert.Premium 1 min read Share Via Read Full Story BENGALURU: Online tutoring firm Vedantu has acquired doubt-solving app Instasolv. This was the edtech startup’s first acquisition as its peers continue to scout for strategic buyouts after raising multiple rounds of funding in 2020. The move will strengthen its instant doubt-solving cap...
February 22, 2021
63 Moons says SAT reserves judgement on its challenge to Sebi order 63 Moons was earlier known as Financial Technologies (India) Ltd (FTIL) (Mint) Share Via Read Full Story 63 Moons Technologies on Monday said Securities Appellate Tribunal (SAT) has reserved the judgement on the firms challenge to Sebis order which disallowed it from providing Straight Through Processing gate services. The Securities Appellate Tribunal(SAT) on Monday heard the 63 moons technologies limited challenge to Securit...
February 22, 2021
Bharti Airtel to decide on bond issuance on or after 23 Feb A Bharti Airtel office building (REUTERS) After meeting global investors, the deal may or may not follow, the board clarified Share Via Read Full Story Telecom major Bharti Airtel on Monday said it will meet global fixed income investors on or after February 23, post which the company will take a final decision on the issuance of foreign currency bonds, subject to market conditions. The Bharti Airtel board had earlier this month appro...