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Bank of Maharashtra increases lending rate by 10 bps for select tenure
Business

Bank of Maharashtra increases lending rate by 10 bps for select tenure

Posted on: October 12, 2023

[ad_1] State-owned Bank of Maharashtra (BoM) on Thursday said it has increased its marginal cost of funds-based lending rate (MCLR) for select tenure by 10 basis points. […]

India ranks 111th on Global Hunger Index 2023, govt calls it flawed measure
Business

India ranks 111th on Global Hunger Index 2023, govt calls it flawed measure

Posted on: October 12, 2023

[ad_1] India ranked 111th out of 125 countries in the Global Hunger Index-2023, which was rejected by the government as erroneous and having malafide intent. The […]

Right balance to promote sustainability, competition is pertinent: NCLAT
Business

Right balance to promote sustainability, competition is pertinent: NCLAT

Posted on: October 12, 2023

[ad_1] Incorporation of sustainability into competition law has the potential to stimulate innovation, the development of cleaner technologies, renewable energy sources, and sustainable solutions across various industries, National […]

RBI imposes Rs 5.39 cr penalty on Paytm Payments Bank for non-compliance
Business

RBI imposes Rs 5.39 cr penalty on Paytm Payments Bank for non-compliance

Posted on: October 12, 2023

[ad_1] The Reserve Bank of India on Thursday said it has imposed a penalty of Rs 5.39 crore on Paytm Payments Bank Ltd for non-compliance with certain […]

Net profit up 9.9% at Rs 3,883 cr; attrition drops
Business

Net profit up 9.9% at Rs 3,883 cr; attrition drops

Posted on: October 12, 2023

[ad_1] IT services firm HCLTech on Thursday reported a 9.92 per cent year-on-year (Y-o-Y) growth in net profit in the second quarter of 2023-24 that ended on […]

Hyderabad-based CtrlS Datacenters announces plan to invest $2 bn in 6 years
Business

Hyderabad-based CtrlS Datacenters announces plan to invest $2 bn in 6 years

Posted on: October 12, 2023

[ad_1] CtrlS Datacenters, which provides data centre services, said on Thursday it would invest $2 billion over the next six years as it focuses on new technologies. […]

Net profit rises to Rs 6,212 crore; revenue up 6.7%
Business

Net profit rises to Rs 6,212 crore; revenue up 6.7%

Posted on: October 12, 2023

[ad_1] Infosys Limited Corporate Head Office (Photo: Wikimedia Commons) IT major Infosys on Thursday reported a jump of 3.32 per cent in its net profit in the […]

HC refuses bail to Sanjay Chhabriaa in YES Bank money laundering case
Business

HC refuses bail to Sanjay Chhabriaa in YES Bank money laundering case

Posted on: October 12, 2023

[ad_1] The Bombay High Court has refused to grant default bail to realtor Sanjay Chhabriaa in the Yes Bank money laundering case, observing that money laundering involves […]

NCLAT chairman calls for developing mechanism to regulate digital markets
Business

NCLAT chairman calls for developing mechanism to regulate digital markets

Posted on: October 12, 2023

[ad_1] Strong anti-trust enforcement is an essential element of the overall public policy design governing the companies, he said. Effective cooperation among the Brics nations in striking […]

Auto retail sales up 9% in H1FY24; PVs, three-wheelers steal the show
Business

Auto retail sales up 9% in H1FY24; PVs, three-wheelers steal the show

Posted on: October 12, 2023

[ad_1] Automobile retail sales in India saw a 9 per cent year-on-year (Y-oY) growth during the first half (H1) of 2023-24 (April to September), driven by the […]

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