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Combined brand value of Indian companies surpasses $100 bn: Interbrand

TCS tops the list, followed by Reliance Industries and Infosys

New TER structure in co-creation stage: Sebi chief Madhabi Puri Buch

Regulation is in a co-creation stage with the industry and urged fund houses to share relevant data with the regulator, says Sebi chairperson

Abrdn likely to sell its entire stake in HDFC Life through a block deal

The shares will be sold between Rs 563.2 and Rs 585.15 each. At the upper end of the price band, the block sale would fetch abrdn Rs 2,088 crore

Certificates of deposit issuances jumped three-fold in FY23: RBI data

"Banks have to step up deposit mobilisation"

Bank Nifty hits a new high on strong Q4 show by most lenders, FPI buying

Analysts see greater momentum going forward, with 10-12% upside in the index over next 12 months

Warburg Pincus buys majority stake in Vistaar Finance for $250 mn

Vistaar Finance is a leading SME lender in India; it operates in 12 states with over 2,500 staff serving 40,000 customers; AUM of Rs 3,150 crore as of March 2023

Indian stocks reclaim spot in world's top 5 markets as Adani scrips rebound

India reclaimed its spot as the world's fifth largest stock market after losing that status to France in January, aided by a revival in Adani Group stocks

ICICI Bank to increase stake in general insurance arm to beyond 50%

Earlier plan was to cut stake below 30%

Share of social sector in total expenditure slackens off in Rajasthan

The share of social sector expenditure as a share of gross state domestic product increased marginally from 9% in FY20 to 10% in FY24 BE

Bank of India lowers peak interest rate, offers 7% for one-year deposits

The deposit rate for senior citizens for 1-year is 7.5% and 7.65% for super-senior citizens

NCLAT sets aside NCLT order on Zee Entertainment-Sony India merger

The appellate tribunal set aside the NCLT order on grounds of "violation of principles of natural justice"

Investments by sovereign wealth funds surge 56% in 2022: SWFI analysis

SWFI has announced a Global Wealth Conference (GWC), taking place in London on May 31 and June 1 in London

Voltas Tamil Nadu facility plan on track, to invest Rs 500 cr for room ACs

The construction of the new manufacturing facility is spread over 150 acres

Narendra Modi govt at 9: Index returns in line with long-term trend

Improvement in financial savings channelised massive inflows into the equities market through the mutual fund route

Kerala makes history, becomes India's first fully e-governed state

The state will also roll out the Kerala Fibre Optic Network shortly, which will make access to the internet affordable/free

Indian Steel Association, AISC ink MoU to unlock new avenues in sector

"MoU aims to leverage the strengths, expertise, and resources of both organizations to unlock new avenues for growth, innovation, and sustainability in the steel industry," a statement from ISA said

Reforms galore, index annual returns in line with the long-term trend

The returns are also below the previous Manmohan Singh-led United Progressive Alliance (UPA) government

TVS Supply Chain chief R Dinesh elected CII president, Rajiv Memani is VP

Veteran entrepreneur is winner of several business awards, has assisted industry group for many years

Harsh Jain, founder of start-up Dream11, elected IAMAI chairperson

Organisation representing technology companies also names new vice chairman and treasurer

Sundaram Finance Holdings net profit surges 48% in FY23 to Rs 237 crore

On a standalone basis, net profit of Rs 94.75 crore for the year ended March 2023 was seen up 101 per cent over the Rs 46.91 crore for the corresponding period of the previous year