Page 109 - Bs Reporter

There is alignment of everything that we need in banking: K V Kamath

"The rise of the mutual fund industry is key. Mutual funds today are taking in more money. These could give better returns than banks," said Kamath

Financial markets must play long term, like Rahul Dravid: Shaktikanta Das

Das spoke on a host of issues: talent retention and salaries of bank chief executives, potential risks to growth, cryptocurrencies, corporate governance and internationalisation of the rupee

Tube Investments chief Subbiah named EY Entrepreneur of the Year 2023

Subbiah will represent India at the EY World Entrepreneur of the Year Award in Monte Carlo from 4-7 June 2024

Juniper Hotels IPO subscribed 2.07 times on concluding day of the issue

The company's Rs 1,800-crore IPO was entirely a fresh issue and was priced between Rs 342 to Rs 360 per share. At the top end of the price band, Juniper is valued at around Rs 8,000 crore

IT stocks lift Nifty to record high; Sensex ends 535 points higher

Benchmark indices swing over 1.6% in intraday trade

Angel One plans to raise Rs 2,000 cr to tap opportunities in fintech space

The stockbroker plans to move beyond equity and mutual funds and will offer distribution of credit and fixed-income products

ArcelorMittal's XCarb India Accelerator programme selects three finalists

The programme, launched in July 2023, was aimed at identifying start-ups focused on the most "promising" decarbonisation technologies in India

Gautam Chhaochharia appointed as UBS's head of global markets in India

Chhaochharia began his stint at UBS as an analyst covering midcaps and became the head of research in 2013

SBI Mutual Fund among buyers of Whirlpool of India's nearly 24% stake

Shares of Whirlpool India fell 3.2 per cent to close at Rs 1,288. Following the share sale, the promoter shareholding in the company will drop to about 51 per cent

IIM Calcutta records 100% placement in MBA programme this year

The technology sector witnessed the participation of firms like Microsoft, Navi, Arcesium, Media.Net, Uber, Angel One, HCL, Newgen, Zomato, Javis, and NPCI, which extended offers to 88 students

Julius Baer India gets over Rs 300 cr; Juniper Hotels IPO opens Feb 21

Juniper Hotels, which runs hotels under the Hyatt brand, on Thursday fixed the price band of Rs 342-360 per share for its Rs 1,800 crore initial public offering (IPO)

Edtech unicorn Emeritus: Now a case study by Harvard Business School

The case study follows the journey of Damera, an HBS alumnus, and Kalipatnapu, an alumnus of INSEAD, who shared a dream of making societal impact by bringing access to high-quality education

Siemens Q3 results: Net profit up 9% at Rs 505 crore, revenue rises 17%

In his outlook, Mathur said, 'Capex demand across segments, largely driven by Capex spending in Public Infrastructure, continues to be good. Private Capex is also beginning to pick up'

Indians lead in believing AI's benefits in the next 5 yrs: Survey

80% of them say technology will help them in jobs and understanding complex topics, says study by Google and Ipsos

JSW Steel forms JV with Japanese firm to produce steel variety in India

New company will be set up with a planned investment of Rs 5500 cr

Park Hotels gains 30%; Radhakrishnan appointed CEO of Sundaram AMC

Radhakrishnan, who was formerly the Chief Investment Officer (Equity) at Franklin Templeton India, will also take over as the Managing Director (MD) in July 2024

IPO corner: Rashi subscribed 60 times and Jana SFB booked 18 times

The company is a leading distributor of global brands in the computing and communication space

Reliance Home Finance surrenders certificate of registration to the NHB

There are other nine non-banking finance companies which surrendered the Certificate of Registration (CoR), the RBI said

Non-executive directors' remuneration cap increased to Rs 30 lakh: RBI

The notification further stated that the banks are required to have suitable criteria for granting fixed remuneration to their NEDs, with the approval of their Board before any review of remuneration

Bhushan Kumar appoints two new directors to the T-Series board

T-Series is India's largest music company and been the number one channel on the world's largest streaming service, YouTube for over seven years now