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Updated: 26 min 31 sec ago

As economy grows, Indian banks will have to expand dramatically: Kamath

Fri, 12/13/2024 - 15:41
Indian banks have a healthy return on equity (ROE) rate of 15 to 20 per cent, which is sufficient for the sector to grow and meet the capital requirements to 'bulk up'

Sebi clarifies excused investor norms in pro-rata distribution for AIFs

Fri, 12/13/2024 - 15:01
Sebi has also allowed managers or sponsors of fund, development financial institutions, or government-owned entities to accept lower returns or share losses beyond their pro-rata rights in investments

SC denies special treatment to CCI, refuses to transfer all probe petitions

Fri, 12/13/2024 - 14:55
"Only because some litigant is to be given special treatment, bypass the rules, we can't place it directly before the division bench," the Supreme Court said

LIC MF may consider IPO once AUM reaches Rs 1 trillion: MD RK Jha

Fri, 12/13/2024 - 14:55
Jha said that to achieve it, LIC MF has taken several initiatives. Among them is expanding its offices by tapping the vast network of Life Insurance Corporation (LIC), establishing distribution

After Zomato, Swiggy taps live events ticketing space with Scenes

Fri, 12/13/2024 - 14:52
The online entertainment ticketing space is expected to witness the emergence of new players and increased competition

Taxing more can drive capital away, says CEA V Anantha Nageswaran

Fri, 12/13/2024 - 14:46
Rejecting the idea of a "billionaire tax" suggested by noted economist Thomas Piketty, Nageswaran said, "Not all problems can be solved through fiat"

Indus Towers to acquire 26 pc stake in JSW Green Energy Eight for Rs 38 cr

Fri, 12/13/2024 - 14:37
JSW Green Energy Eight was incorporated in October 2024 to build, develop, own, generate, supply, accumulate, transmit, distribute, store, purchase, and sell electrical power or any other energy by us

Political business: INDIA demands Mamata, moves against Jagdeep Dhankhar

Fri, 12/13/2024 - 12:56
INDIA bloc leaders demand Mamata Banerjee's leadership, Opposition moves to impeach Jagdeep Dhankhar, and more in this week's political news wrap

Oriflame India, 16 others face CCPA notices over alleged 'unfair practices'

Fri, 12/13/2024 - 12:51
The notices have been served on companies such as Vihaan Direct Selling India, Triptales Pvt Ltd, Oriens Global Marketing, Zennesa Wellness, and others for alleged service deficiencies

Tata airlines witness a 20% increase in overall seat capacity in CY24

Fri, 12/13/2024 - 12:45
Despite that the group has a long way to go even to reach half of the domestic seat capacity of rival IndiGo

Sebi mulls guardrails for retail algo trades to address regulatory gaps

Fri, 12/13/2024 - 12:40
Proposes mandatory empanelment of algo providers, restriction on open API use

Aim to open 100 hospitals by 2025: Maxivision Super Specialty Chairman

Fri, 12/13/2024 - 12:24
By 2025, we are determined to reach near to 100 hospitals nationwide to cater to the ever-growing demand for eye care, he said in a statement.

EPFO subscribers may get services at par with banking, including ATM access

Fri, 12/13/2024 - 12:09
Subscribers of the retirement fund body EPFO may soon be able to get services at par with banking system and use ATMs to withdraw their claim amount, a top official said on Friday. Union Labour Secretary Sumita Dawra told PTI that focus right now ...

Switzerland scraps MFN status for India; dividend income to face higher tax

Fri, 12/13/2024 - 11:22
In a statement, Switzerland announced suspension of the application of the most favoured nation (MFN) clause of the protocol to the agreement between the Swiss Confederation and the Republic of India

SpiceJet clears Rs 160 crore pending employee provident fund dues

Fri, 12/13/2024 - 11:06
The low-cost carrier, which has been facing multiple headwinds, recently raised Rs 3,000 crore, following which it has been clearing statutory, GST (Goods and Services Tax) and other dues

ED action linked to fraud done by third parties, says Dentsu India

Fri, 12/13/2024 - 10:26
The money laundering case stems from an FIR of the Mumbai police (Worli police station) against Dentsu Communications India Private Limited and Suumaya Industries Ltd, a textile group, and its promote

Sebi mulls facilitating participation of retail investors in algo trading

Fri, 12/13/2024 - 10:26
Further, the regulator proposed spelling out the rights and responsibilities of the main stakeholders of the trading ecosystem -- investors, stock brokers, algo providers/ vendors and Market

IPO fever hits D-Street: 4 opening, 11 listing to lure investors next week

Fri, 12/13/2024 - 10:18
IPO Calendar: Indian primary markets are set to remain buzzing with several public offerings next week. Here are the full details of the upcoming IPO activities scheduled for the week

PV dispatches rise 4% in Nov as demand sustains post-festive period: Siam

Fri, 12/13/2024 - 10:08
The overall passenger vehicle dispatches stood at 3,33,833 units in November last year

Nuvama Wealth buys OYO shares worth Rs 100 cr in secondary market

Fri, 12/13/2024 - 10:04
A cap table (or capitalization table) is a document, like a table, that details who has ownership in a company. It lists all the securities or the number of shares including stock, convertible notes

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