India's move to increase FDI in insurance sector to 74% welcomed by US lawmakers

India's move to increase FDI in...

Two influential US lawmakers have applauded the Indian government's strategic...

All you need to know about Macrotech Developers Ltd IPO

The initial public offering (IPO) of realty major Macrotech Developers Ltd, which was formerly called Lodha Developers, is set to debut on the bourses on...

RBI has set up a new Regulations Review Authority

The Reserve Bank of India (RBI) sets up a new Regulations Review Authority (RRA 2.0) for a period of one year to review the regulatory prescriptions...

IL&FS addresses debt of 43K crore so far; ups recovery estimate to 61K crore

The new board of Infrastructure Leasing and Financial Services (IL&FS) on Thursday revised their aggregate debt recovery estimate by the group to Rs 61,000 crore, or about 62 per cent of the overall debt of over Rs 99,000 crore as of October 2018....

Citibank to exit Indian consumer banking business as part of its global restructuring plan

Citibank today said that they will exit the consumer banking businesses in 13 markets including India as part of a restructuring plan to focus only on four wealth centers in Asia....

Govt Raises 1.10 Lakh Crore in Covid-Hit FY21 Against 77,052 Crore in FY20: Fundraising Via Public, Rights Issues Up 42%

Govt Raises 1.10 Lakh Crore in Covid-Hit FY21 Against...

Despite the uncertainty due to the Covid-19 pandemic, fundraising through...

GE Power to Receive 50 percent Equity Stake in NTPC GE Power Services

GE Power to Receive 50 percent Equity Stake in NTPC GE...

GE Power India's board on Wednesday permitted the attainment of 50 per cent...

RBI to Purchase Bonds worth Rs 25000 crore under G-SAP 1.0

RBI to Purchase Bonds worth Rs 25000 crore under G-SAP 1.0

The Reserve Bank of India (RBI) will purchase bonds worths ₹25,000 on...

Tax Collection Yielding Revenues Higher than Revised Estimation, additional Rs 78, 000 crores revenue in FY21

The Centre has appropriated an additional Rs 78,000 crore in net (post-devolution) tax revenue in FY21, with all major tax heads yielding revenues substantially higher than the respective revised estimates (RE) shown in the Budget.

BPCL Joins Hands with Accenture To Remodel Its Sales, Distribution Network

Bharat Petroleum Corp. Ltd. (BPCL) has teamed up with Accenture Plc to transform its sales and distribution network digitally.

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