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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 Thursday's 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 ₹4500 crore from institutional investors through a so-called qualified institutional placement....

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 restructuring announced in 2019 Share Via Read Full Story Deutsche Bank AG is seeking to eliminate between 40...

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 far-reaching implications for digital media and follow a clash with Twitter over the farmers’ pro...

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 India's Covid-19 vaccination is slated to begin from 1 March and those who are eligible for the jab in t...