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RBI allows HDFC AMC’s stake acquisition in DCB Bank, Karur Vysya, 2 others
Business

RBI allows HDFC AMC’s stake acquisition in DCB Bank, Karur Vysya, 2 others

Posted on: September 21, 2023

[ad_1] The Reserve Bank of India (RBI) has approved HDFC Asset Management Company (HDFC AMC) acquiring a 9.5 per cent stake each in DCB Bank, Karur Vysya […]

Foreign ministry to hold press briefing today as tension with Canada rises
Business

Foreign ministry to hold press briefing today as tension with Canada rises

Posted on: September 21, 2023

[ad_1] Amid rising tension between India and Canada, the Indian government has suspended visa services for Canadian citizens indefinitely, according to several media reports. There has been no […]

Fed leaves rates unchanged at 5.25-5.50%, sees tighter policy through 2024
Business

Fed leaves rates unchanged at 5.25-5.50%, sees tighter policy through 2024

Posted on: September 21, 2023

[ad_1] The U.S. Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further rate increase projected by the end of the […]

STOCK MARKET LIVE: Gift Nifty near 19,850; Nikkei, Hang Seng slide 1%
Business

STOCK MARKET LIVE: Gift Nifty near 19,850; Nikkei, Hang Seng slide 1%

Posted on: September 21, 2023

[ad_1] Stock market Update on Thursday, September 21: The US markets ended in red on Wednesday after the US Fed signalled that rates may be higher than previously […]

Here’s why Adani’s grip on banks is tighter than his hold on markets
Business

Here’s why Adani’s grip on banks is tighter than his hold on markets

Posted on: September 21, 2023

[ad_1] By Andy Mukherjee Through the turmoil of the past eight months, including a flopped share sale and a massive erosion of stock-market wealth, two of […]

Sebi slaps Rs 6 cr fine on DHFL’s former promoters for disclosure lapses
Business

Sebi slaps Rs 6 cr fine on DHFL’s former promoters for disclosure lapses

Posted on: September 20, 2023

[ad_1] Capital market regulator Sebi on Wednesday imposed penalties totalling Rs 6 crore on 15 entities, including Kapil Wadhawan and Dheeraj Wadhawan, for flouting disclosure norms in […]

Samsung to receive incentives worth Rs 500 crore under PLI scheme
Business

Samsung to receive incentives worth Rs 500 crore under PLI scheme

Posted on: September 20, 2023

[ad_1] Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile phones in 2020-21, a senior […]

Volvo to end diesel car production by 2024, to become all-electric carmaker
Business

Volvo to end diesel car production by 2024, to become all-electric carmaker

Posted on: September 20, 2023

[ad_1] Volvo Cars said on Tuesday that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker. […]

HDFC Bank stock slump drags Sensex, Nifty, declines nearly 1.2% each
Business

HDFC Bank stock slump drags Sensex, Nifty, declines nearly 1.2% each

Posted on: September 20, 2023

[ad_1] A sharp correction in the share price of HDFC Bank, India’s largest private sector lender, dragged the markets lower on Wednesday, with both the benchmark indices […]

France’s Total Energies to invest $300 mn to form JV with Adani Green
Business

France’s Total Energies to invest $300 mn to form JV with Adani Green

Posted on: September 20, 2023

[ad_1] Adani Green Energy, part of the Gautam Adani-led group, on Wednesday announced a new joint venture (JV) with France’s TotalEnergies to house a 1,050-megawatt (Mw) green […]

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