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Economic Times

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Exposures to Adani group companies from the State Bank of India, the country’s largest financier and the Life Insurance Corp., the country’s biggest life insurer, are very small, said Sanyal, adding that no company is under any financial stress.

Indian government hasn’t intervened in Adani crisis, Sa..

Exposures to Adani group companies from the State Bank of India, the countrys largest financier and the Life Insurance Corp., the countrys b..

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26/03/2023 12:30:01 AM     Share:

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HDFC Bank has revised the charges and fees structure for unsecured loans including personal loans with effect from April 24, 2023.

HDFC Bank revises charges, fees structure on personal l..

HDFC Bank has revised the charges and fees structure for unsecured loans including personal loans with effect from April 24, 2023.

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25/03/2023 10:50:00 PM     Share:

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Bharat Petroleum Corporation Limited (BPCL) has announced that it has launched 19 EV fast-charging corridors along 15 highways in Karnataka, Kerala and Tamil Nadu.

BPCL launches 19 EV fast-charging corridors along 15 hi..

"It takes just 30 minutes to charge an EV, giving a driving range of up to 125 km at our fuel stations. Therefore we have maintained a dista..

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25/03/2023 10:30:02 PM     Share:

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The latest daily status report from Department of Telecommunications' (DoT) National EMF Portal shows Jio has installed 99,897 BTS (base transceiver station) across 2 frequencies it owns (700 MHz and 3,500 MHz). In comparison, Bharti Airtel has 22,219 BTS.

Jio installs 1 lakh towers to roll out India's fastest,..

The more tower and cell sites means faster speed. According to the February 28 report of Ookla, the global leader in network intelligence an..

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25/03/2023 07:10:00 PM     Share:

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Bharti Airtel is redirecting its capital investments to its next gen 5G network from 4G, but has no plans of shutting its legacy 2G network, which still caters to a meaningful user base, the company’s CTO Randeep Sekhon said.

Bharti Airtel focusing capital investments on 5G, no pl..

India still has some 300-350 million feature phone users using 2G, of which less than 100 million are on the Airtel network. He added that 2..

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25/03/2023 05:00:00 PM     Share:

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Will the central government increase the interest rate of the Public Provident Fund (PPF) soon? Interest rates of small savings schemes are due for revision at the end of this month.

Will govt hike PPF, Sukanya Samriddhi schemes’ interest..

Interest rates of small savings schemes including PPF, Sukanya Samriddhi Yojana account (SSY), Senior Citizen Savings Scheme (SCSS), and Na..

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25/03/2023 04:20:00 PM     Share:

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U.S. stocks closed higher on Friday, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisis in the banking sector.

Wall Street ends volatile week higher as Fed officials ..

In separate appearances, three regional Fed bank presidents said that their confidence that the banking system was not facing a liquidity cr..

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25/03/2023 03:00:00 PM     Share:

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Anil Agarwal-led Vedanta Ltd (VDL) has sought Reserve Bank of India (RBI) approval to provide guarantees for a $1 billion loan that will be raised through one of Vedanta's overseas subsidiaries, said people with knowledge of the matter.

Vedanta seeks RBI nod to give guarantees for $1-billion..

VRL is seeking funds to meet its upcoming debt obligations and has been engaged in talks with banks as well as private funds. VRL has $400 m..

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25/03/2023 12:20:00 PM     Share:

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BNP Paribas Arbitrage on Friday offloaded shares of Bharti Airtel for Rs 105 crore through an open market transaction.

BNP Paribas Arbitrage sells Bharti Airtel shares worth ..

The shares were sold at an average price of Rs 762.55 per piece, taking the transaction value to Rs 105.41 crore.

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25/03/2023 10:20:00 AM     Share:

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#LeadStoryOnET | Torrent Investments on Friday informed lenders of Reliance Capital that it is unwilling to participate in the planned extended challenge auction to sell the financial services company, people aware of the development said.

Torrent Investments won’t participate in second auction..

The lenders, however, are unlikely to hold a Swiss auction since this would not lead to value maximisation, people in the know said. A close..

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25/03/2023 10:15:09 AM     Share:

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Reliance Industries Limited (RIL) on Friday named Srikanth Venkatachari as the new Chief Financial Officer, the company stated in a press release.

Reliance Industries names Srikanth Venkatachari as new ..

"The Board of Directors of the Company, based on the recommendation of the Human Resources, Nomination and Remuneration Committee, at its me..

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25/03/2023 10:10:00 AM     Share:

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#LeadStoryOnET | The Indian arms of the US- and UK-based multinational companies such as Hindustan Unilever, PepsiCo India, and Coca-Cola India will now be subject to a higher rate of tax on royalty payments to their parents.

No more royal treatment for Indian arms of MNCs as govt..

Apart from hitting companies with parents in jurisdictions that do not have a tax avoidance treaty with India, the move also makes it possi..

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25/03/2023 09:38:43 AM     Share:

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"We have already covered 500 cities and are adding 30 to 40 cities every single day. By September of 2023, we expect to expand our 5G footprint to all of urban India,” said Randeep Sekhon, CTO, Bharti Airtel.

Bharti Airtel pips Jio to make 5G services live in 500 ..

Airtel added 235 cities to its 5G network, one of the largest roll-outs to date. This helped Airtel offer 5G services to 500 cities, higher ..

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25/03/2023 09:20:00 AM     Share:

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Fincare Small Finance Bank will offer fixed deposit interest rates up to 9.01% for senior citizens and 8.41% for regular investors for sums under Rs 2 crore.

This bank offers FD interest rate up to 9.01% for senio..

Fincare Small Finance Bank will offer fixed deposit interest rates up to 9.01% for senior citizens and 8.41% for regular investors for sums ..

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25/03/2023 08:20:00 AM     Share:

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The outgoing Hindustan Unilever Limited Managing Director & CEO took to LinkedIn recently to share his wisdom on "decision-making," a trait many people struggle with.

HUL CEO believes decision-making is a process, says it ..

Sanjeev Mehta said that decision-making is more than an event.

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25/03/2023 07:10:00 AM     Share:

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Five Russia-bound containers from India's Jindal Stainless Ltd (JSL) have been stuck at the Belgian port of Antwerp for around a year, unable to enter the European Union, the company said.

Russia-bound Jindal Stainless containers stuck at port ..

The containers were sent in February 2022 for shipment via Antwerp, but were held up because of EU sanctions imposed on Russia after it inva..

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25/03/2023 06:20:00 AM     Share:

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Finance minister Niramala Sitharaman will meet managing directors of public sector banks (PSBs) on Saturday to review performance against the backdrop of the failure of a few banks in the US and the liquidity crisis faced by Credit Suisse.

FM Nirmala Sitharaman to meet chiefs of PSU Banks on Sa..

The meeting is going to take stock of the progress made by banks in achieving targets set for the various government schemes, including Kisa..

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24/03/2023 11:28:39 PM     Share:

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Credit card payments for foreign travel will be brought under Reserve Bank's Liberalised Remittance Scheme (LRS) to ensure that such expenses do not escape TCS (Tax Collection at Source).

Credit card payments on foreign tours to be brought und..

The Union Budget 2023 proposed a TCS for foreign outward remittance under LRS other than for Education and medical purposes of 20 per cent a..

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24/03/2023 10:40:00 PM     Share:

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India's foreign exchange stockpile has jumped $12.8 billion in the week ending March 17, its biggest jump in four-and-a-half months due to revaluation of gold and reserves held in currencies other than dollar.

India's forex jumps $12.8 billion to six-week high of $..

The reserves rose to $572.801 billion, the highest level seen since February 10. Foreign currency assets surged by $10.5 billion to $505.348..

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24/03/2023 08:09:50 PM     Share:

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🚨 #NewsAlert RBI approves merger of three L&T Finance Holdings units. 🛰️ Catch the day's latest news ➠

rahul gandhi live news: Rahul Gandhi News LIVE Update: ..

Rahul Gandhi News LIVE Update: After disqualification Congress leader Rahul Gandhi tweeted, "I am fighting for voice of India, ready to pay ..

EconomicTimes

24/03/2023 07:45:22 PM     Share:

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Economic Times

India's No. 1 Business Daily that brings you the latest #news updates | A Times Internet Product https://t.co/znMsuwpkih

Followers: 4,324,363

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