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Home  Business

Business

No AMC has over 10% exposure to debt funds: Crisil

No AMC has over 10% exposure to debt funds: Crisil

  • Bank credit grows by 6.63pc, deposits by 12.06pc

    In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, released by RBI showed.
  • NTT to invest $1.5 bn in data centres

    NTT in India was created on January 1, 2021, by merging the three businesses --NTT India, NTT Communications India, and NTT-Netmagic.
  • MeitY invites applications for electronics manufacturing

    The application window for the scheme has been opened till March 31 which may be further extended, as per guidelines issued by the Ministry of Electronics and IT (Meity).
  • Five IPOs to hit Indian market this week

    The companies are expecting to benefit from an equity market which is flush with liquidity and has seen a sharp increase in new retail investors.
  • CAIT demands restoration of MSME status for 8 cr traders

    The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate or from informal financial sources.
  • L&T recruits 22 pc women at trainee level across major businesses in 2020

    The company data show a steady increase in the share of women trainees.
  • Bank operations may be hit on Mon, Tue due to nationwide unions’ strike

    Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) as part of the government's disinvestment plan.
  • Govt never threatened social media platforms’ staff: IT Ministry

    The Ministry said social media platforms are "obliged to follow the laws of India and the Constitution of India, just like all other businesses in India have to."
  • Bitcoin crosses $60,000 mark for first time

    The cryptocurrency hit $60,197 at 12:34 GMT and continued to hover around $60,000, according to the website CoinMarketCap.
  • Tesla investor sues Elon Musk over ‘erratic’ tweets

    The lawsuit claims that Musk is exposing Tesla to potential penalties from regulators and could drive down its stock.
  • Seven merged banks to see cheque book changes from April 1

    For the banks that got merged, - account number, IFSC, MICR code, branch address, cheque-book, passbooks will also undergo a change to represent the new entity.
  • Amazon ordered to shut facility in Canada as Covid surges

    Peel Public Health has issued an order under the Ontario Health Protection and Promotion Act to Amazon Canada to require all individuals working at "8050 Heritage Road in Brampton to self-isolate for two weeks effective March 13, 2021."
  • Sun Pharma, Dr Reddy’s, Aurobindo recall products in the US market

    Dr Reddy's Laboratories is recalling 10,440 (90-count) and 2,24,710 (500 count) bottles of Atorvastatin Calcium tablets in the US market.
  • Gaming sector in India attracted investments worth $544 mn during Aug 2020-Jan 2021

    Early-stage investments have spanned actively on e-sports and casual gaming and are witnessing good growth.
  • Third gen Apple AirPods design ‘leaked’

    "It appears that the AirPods 3 will have a shorter stem and come with replaceable ear tips, similar to what we have seen with the company's AirPods Pro," reports GizmoChina.
  • Urban Company to onboard over 20,000 service professionals this year

    The company has also started operations in cities including Bhopal, Coimbatore, Kochi, Kanpur, Varanasi, Agra and Guwahati.
  • Govt invites bids for over 390 air routes under fresh UDAN bidding round

    According to the ministry, some operational flexibilities will be extended to airlines under the UDAN 4.1 to ensure suitable operation models to connect smaller cities/ airstrips.
  • SpiceJet to add 66 new flights to domestic network from Mar 28

    The airline has introduced new flights connecting Darbhanga, Durgapur, Jharsuguda, Gwalior and Nashik with some key metro cities
  • Economy seen consolidating in March: PHD Chamber

    Out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by the industry body PHDCCI, 7 have performed positive in February 2021.
  • No adverse findings against Franklin Templeton: Sanjay Sapre

    He assured investors that the fund house has been fully transparent with the regulator and has extended its fullest cooperation to them, to help them examine the circumstances.
  • Indian economy looking at ‘V-shaped’ recovery: Thakur

    "India is already looking at 'V-shaped' recovery. Along with the green shoots in various sectors, in the month of February, FPI inflows were Rs 25,787 crore," Thakur said.
  • Govt to prevent data misuse: Draft e-comm policy

    The draft has stated that sharing of data for industrial development would be encouraged and regulations for data will be provided for the sharing mechanism.
  • Will create market for EVs: Nitin Gadkari

    Gadkari, who holds MSME portfolio along with road transport, said by making solar energy available, "we will create big market for electric vehicles."
  • FinTech valued at $60 billion: FICCI-BCG report

    FinTech players are redefining the business models across different segments of financial services industry, helping improve service delivery and contributing to digital financial inclusion.
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