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Tag: Finance
Yes bank to raise $1 billion, seeks board of directors approval-thumnail

Yes bank to raise $1 billion, seeks board of directors approval

“For enabling the bank to evaluate a potential fund raising at an appropriate time, the board of directors seek approval from members of the bank for borrowing/raising funds in Indian/foreign

Finance

Jun 21, 2022

User’s now can’t load their wallet with credit cards, RBI’s new directive reads-thumnail

User’s now can’t load their wallet with credit cards, RBI’s new directive reads

This essentially means that customers now can’t load such wallets/cards with their credit lines. This order will impact fintech players that allow a host of services to the customers including

Finance

Jun 21, 2022

<strong>Market Update: Nifty trades at 15573, Sensex touches 52300</strong>-thumnail

Market Update: Nifty trades at 15573, Sensex touches 52300

Other Asia markets, Hong Kong, Shanghai, Tokyo and Seoul were quoting in the green during mid-session trade. In an attempt to continue recovery, the Sensex and Nifty indices extended gains

Finance

Jun 21, 2022

India’s equalization tax on global big-techs to continue, as global tax deal face challenges-thumnail

India’s equalization tax on global big-techs to continue, as global tax deal face challenges

The deal aims to reallocate rights to tax big digital groups such as Apple and Google to the countries where the end clients are located India’s equalization levy, or the

Finance

Jun 21, 2022

JP Morgan disagrees with Market’s LIC pricing, finds it “harsh”-thumnail

JP Morgan disagrees with Market’s LIC pricing, finds it “harsh”

LIC’s shares fell to their fresh 52-week low on the NSE on June 20 as the investment banker’s research wing initiated coverage on the stock with an ‘outperform’ rating JP

Finance

Jun 20, 2022

IMF team visits crisis hit Sri lanka to discuss debt-restructuring and financial assistance-thumnail

IMF team visits crisis hit Sri lanka to discuss debt-restructuring and financial assistance

Sri Lanka is battling its worst financial crisis since independence in 1948, as decades of economic mismanagement and recent policy errors coupled with a hit from COVID-19 to tourism and

Finance

Jun 20, 2022

Air India to place order for 300 jets, one of the largest in aviation history-thumnail

Air India to place order for 300 jets, one of the largest in aviation history

Air India is looking to buy as many as 300 jets, which may be Airbus SE’s A320neo family jets or Boeing Co.’s 737 Max models, or a mix of both

Finance

Jun 20, 2022

Forex reserves drops by $4.599 billion to $596.458 billion amidst market downturn-thumnail

Forex reserves drops by $4.599 billion to $596.458 billion amidst market downturn

During the week ended June 10, the fall in the forex reserves was on account of a dip in Foreign Current Assets (FCAs). India’s foreign exchange reserves declined $4.6 billion

Finance

Jun 18, 2022

Canbank VC and HNIs invest $1 million in Koovers, a B2B auto supply platform-thumnail

Canbank VC and HNIs invest $1 million in Koovers, a B2B auto supply platform

New Delhi: Koovers, a business-to-business (B2B) automotive supplies platform, has received a $1 million investment from CanbankVC and two high-net-worth individuals (HNIs). Koovers is run by Bengaluru-based KRSV Innovative Auto

Finance

Jun 17, 2022

WTO members unanimously sign a historic deal, after a decade-thumnail

WTO members unanimously sign a historic deal, after a decade

In a first major agreement in nine years, the series of trade deals include pledges on food security, balanced outcome fisheries subsidies, and response to pandemics – all issues important

Finance

Jun 17, 2022

<strong>Disney+ Hotstar could lose up to 33% of its subscribers, after failing to secure Ipl digital streaming rights.</strong>-thumnail

Disney+ Hotstar could lose up to 33% of its subscribers, after failing to secure Ipl digital streaming rights.

Disney Star said that it will focus on growing its slate of original entertainment content for Disney+ Hotstar and its television channels in the region, apart from exploring other multiplatform

Entertainment

Jun 16, 2022

<strong>Former Bharat pe CEO Ashneer Grover in talks with US based family offices to raise fund for his new venture.</strong>-thumnail

Former Bharat pe CEO Ashneer Grover in talks with US based family offices to raise fund for his new venture.

Co-founder and former Chief Executive Officer (CEO) of fintech startup BharatPe Ashneer Grover is looking forward to coming back to the world of business after a long sabbatical. The former

Finance

Jun 16, 2022


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