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Home  Business

Business

AIBEA pitches for merger of weak regional rural banks with sponsor banks

AIBEA pitches for merger of weak regional rural banks with sponsor banks

  • Business resumption drops further as lockdowns continue

    The business resumption index slipped to 60 for the week ended May 23, down from 63 in the previous reporting week.
  • MFIs credit costs may be in 3-6 pc range in FY22, says report

    The variation among MFIs could be wider, depending on their level of concentration in regions where lifting of restrictions could be slow.
  • Remote job searches soared to 966% in April: Report

    This demand for remote jobs is backed by blurring geographical boundaries while employers hire and job seekers scout for opportunities.
  • Market milestone: M-cap of BSE-listed companies at record $3 trillion

    The 30-share BSE benchmark Sensex jumped 111.42 points or 0.22 per cent to close at 50,651.90.
  • Cybercrime thrives during pandemic: Verizon

    Increase in phishing and ransomware attacks along with continued surge in web application attacks pose security risk, shows Data Breach Investigations Report 2021
  • FDI jumps 19% to $59.64 billion in 2020-21: Govt data

    In terms of top investor countries, Singapore is at the top with 29 per cent share. It was followed by the US (23 per cent) and Mauritius (9 per cent) during the last fiscal.
  • Renault Nissan workers to boycott work from May 26

    The Renault Nissan Automotive is a joint venture car manufacturing plant of French auto major Renault and Japan's Nissan Motor Company.
  • Dr Reddy’s lines up Rs 1,000 cr capex for current fiscal

    The drug maker's growth would be primarily driven by organic moves, focusing around pipeline monetisation, productivity enhancement, diversifications.
  • Sensex jumps 111 points; Nifty ends near 15,200

    SBI was the top gainer in the Sensex pack, advancing over 2 per cent, followed by L&T, ITC, Dr Reddy's, Axis Bank and PowerGrid.
  • OnePlus, Flipkart launch affordable Smart TVs

    "Our journey with Flipkart began in 2020, and we already witnessed this partnership enable a large section of consumers to gain greater access to innovative technology," said Vikas Agarwal
  • Rupee slips 13 paise to close at 72.96 against US dollar

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 89.87.
  • Japan airline begins trial of mobile app to certify passengers’ Covid status

    The trial of the International Air Transport Association Travel Pass (IATA Travel Pass) will be conducted on the carrier's international flights connecting Tokyo with Honolulu and New York through June 6
  • Fintech startup slice raised Rs 165 cr in debt in FY21

    The financial institutions include Northern Arc Capital Limited, Vivriti Capital Private Limited, AU Small Finance Bank, Incred Financial Services Limited, Pace Fincap Private Limited, Western Capital Advisors Pvt Ltd
  • Data of 18cr Domino’s India users out on Dark Web: Researcher

    According to Independent cyber security researcher Rajshekhar Rajaria, the same person who earlier hacked financial services company MobiKwik has compromised Domino's India.
  • realme to launch Smart TV 4K in India on May 31

    The realme Smart TV 4K will come in two sizes -- 50-inch and 43-inch, featuring a spectacular viewing experience with Dolby Vision enabled 4K display and Dolby Atmos immersive audio.
  • Emirates extends suspension of passenger flights from India

    The Emirates extended the suspension of its passenger flights from India until June 14 in the wake of the Covid-19 pandemic situation
  • Canara Bank board meeting to consider capital raise for current fiscal

    The lender said the capital is slated to be raised through qualified institutional placement (QIP), follow-on public offer, rights issue, preferential issue or any other means or a combination.
  • Convergence of Aarogyasri, Ayushman Bharat to benefit 1.3 cr people in TS: NHA

    Beneficiaries are entitled to avail free healthcare coverage of up to Rs 5 lakhs per family per year for secondary and tertiary care hospitalisation
  • India’s minimally invasive surgery market to reach $80B by 2025

    MIS includes any surgical procedure that is performed through tiny incisions instead of a large opening.
  • NPCI partners PayCore to enable RuPay SoftPOS solutions in India

    RuPay SoftPOS enables merchants to accept payments securely without any hassle from contactless cards, mobile wallets, and wearables just with their mobile phones.
  • RevFin and Aeris collaborate for IoT-enabled EV vehicles

    As part of this association, over the next 4 years, RevFin will be investing $ 15 million on upcoming electronic vehicles embedded with IoT solutions powered by the Aeris Asset Assurance Platform.
  • ‘5 Renault Nissan workers dead, 850 Covid-19 infected’

    The Renault Nissan Automotive is a joint venture car manufacturing plant of French auto major Renault and Japan's Nissan Motor Company.
  • SBI shares surge post robust Q4 earnings

    On Friday, the bank reported a rise of 80.15 per cent in its net profit for the Q4FY21 on a year-on-year basis to Rs 6,451 crore.
  • upGrad acquires Impartus, commits Rs 150 cr for buyout, boost growth

    ‘upGrad Campus' will target higher education institutions and college students, with its learning tools and world-class content, in an integrated solution, the company said in a statement
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