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Home  Business

Business

RBI cancels licence of Kapol Cooperative Bank in Mumbai

RBI cancels licence of Kapol Cooperative Bank in Mumbai

  • Rupee snaps two-day fall, recovers 6 paise against US dollar

    Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.05 per cent to 106.28.
  • SKODA AUTO Volkswagen India net up 49 pc in FY23 at Rs 309.5 cr

    Revenue from operations was at Rs 17,041.72 crore in FY23, highest in the last five financial years, according to the data.
  • Hyundai and Kia recall nearly 3.4 mn vehicles due to fire risk and urge owners to park outdoors

    The recalls cover multiple car and SUV models from the 2010 through 2019 model years including Hyundai's Santa Fe SUV and Kia's Sorrento SUV.
  • ‘Amul expects no price hike after timely monsoon in Gujarat’

    The Gujarat Cooperative Milk Marketing Federation (GCMMF) sells its dairy products under the popular Amul brand.
  • Stock markets rebound on positive trend in Asian, European equities; buying in Reliance

    The Nifty gained 51.75 points or 0.26 per cent to end at 19,716.45. It moved between a low of 19,554 and a high of 19,730.70 in day trading.
  • Hyderabad contributes 15% to India’s green office stock, CBRE report shows

    Overall, across the country, the green compliant office stock too has registered a growth.
  • Rupee rises 5 paise to 83.23 against US dollar in early trade

    Weak sentiment in the global equity markets and surging crude oil prices also weighed on the Indian currency, forex traders said.
  • LinkedIn ranks unicorn Zepto as top startup in India

    After securing the fourth position last year in the annual ranking of emerging companies in India, Zepto attained unicorn status in August, marking India's first unicorn of the year.
  • British Indian Sunil Kavuri loses $2.1 mn in FTX collapse as founder goes to trial

    Bankman-Fried’s first criminal trial is scheduled for October 3 where he is likely to face seven criminal charges related to misuse of user funds at FTX and Alameda Research.
  • OYO set to report its first net profit of Rs 16 cr in Q2 FY24

    Global travel tech brand OYO is set to report its first-ever profit after tax at Rs 16 crore in the second quarter of the FY24.
  • Markets likely to remain under pressure as US bond yields at 16 year high

    Investors would watch out for the US Consumer Confidence number for the month of September and New Home Sales data for the month of August that would be released later in the day, he added.
  • Rupee falls 14 paise to settle at 83.27 against US dollar

    Besides, weak equity market sentiment and elevated levels of crude oil prices -- hovering above USD 92 a barrel -- weighed on the domestic currency, forex traders said
  • Gold declines Rs 150; silver tumbles Rs 850

    In the previous trade, the precious metal had finished at Rs 60,050 per 10 grams.
  • PACL case: Sebi panel asks certain investors to submit original documents by Oct-end for refunds

    The panel has asked only those investors whose applications have been successfully verified to submit their original certificates.
  • Fincare Small Finance Bank, Western Carriers get Sebi’s go ahead for IPOs

    Fincare Small Finance Bank Ltd and logistics company Western Carriers Ltd have received capital markets regulator Sebi's approval
  • I-T notifies ‘Angel Tax’ rules for valuing investments in startups

    Income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups
  • NCLAT to start hearing Google plea on Play Store from Nov 28

    NCLAT will begin hearing Google's plea against CCI imposing Rs 936.44 crore penalty on the tech giant for abusing its dominant position with respect to Play Store policies
  • Rupee falls 8 paise to 83.21 against US dollar in early trade

    The rupee continued its downward movement for the second straight day and fell by 8 paise to 83.21 against the US dollar
  • Stock market opens with volatility: Sensex and Nifty experience decrease in values

    The stock market took investors on a roller-coaster ride as indices faced a downturn at the market opening on Tuesday
  • NSE plans to extend F&O trading hours; seeks Sebi’s nod

    The bourse is planning a session from 6 pm to 9 pm after a break from the closure of the regular session from 9.15 am to 3.30 pm, Sriram Krishnan, Chief Business Development Officer of NSE, told PTI.
  • Flipkart Ventures invests in 5 early-stage tech startups

    The startups, part of the Flipkart Leap Ahead programme, are Algomage, Castler, FlexifyMe, NimbleBox.ai and ReCircle. They will receive mentorship for growth and innovation, with equity-based investments ranging from $250,000 to $500,000
  • Sensex, Nifty edge up on gains in financials shares amid weak global trends; end 4-day losing streak

    After gyrating 461.6 points during the day, the 30-share BSE Sensex eked out a marginal gain of 14.54 points or 0.02 per cent to settle at 66,023.69
  • Demat accounts rise to 12.7 cr, up by 26 per cent in Aug

    This was way higher than the average 21 lakh monthly additions in fiscal year FY23, according to an analysis by Motilal Oswal Financial Services
  • Dunzo to raise $35 mn from Reliance, Google following salary delays: Report

    According to the report, Homegrown quick-grocery delivery provider Dunzo is hoping to avoid a cash crunch. Since June, it has failed to pay staff salaries on time and has also failed to pay vendor bills
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