Page 183 - Bs Reporter

IDFC First Bank to issue 377.5 million share to IDFC Financial Holding

This comes after IDFC Ltd decided to infuse Rs 2,200 crore into the bank as growth capital

Shriram Life aims to double rural presence by 2025 using digital campaign

Company uses various digital channels for agents and customers to access life insurance products and services

New Whatsapp app allows group calls to up to 32 people from your desktop

The social media company aims to position WhatsApp as a platform with a fully end-to-end encrypted messaging experience that allows cross-platform communication

Citi names Indian origin Selva as COO to lead risk management overhaul

Veteran company executive previously handled roles in consumer banking, retail, cards

Govt plans to sell 3.5% stake in Hindustan Aeronautics through OFS

The government owns 75 per cent in the public sector aerospace and defence business

Coromandel preps for new businesses, plans to invest Rs 1,000 cr in 2 years

Agriculture solutions company will get into speciality and industrial chemicals

RBI to start new data centre, governor stresses on tech, cybersecurity role

Shaktikanta Das lays foundation of the new greenfield data centre and enterprise computing and cybersecurity training institute in Bhubaneshwar

HCLTech launches service to help companies use metaverse for customers

Platform will serve financial services, telecom, manufacturing healthcare and other sectors

Merlin Group plans to develop a World Trade Center in Kolkata

The oldest World Trade Center in India is in Mumbai. There are Centers in Bangalore, Chennai, New Delhi, Noida, Pune, among others

BoB-backed IndiaFirst Life Insurance gets regulator approval for IPO

Company seeks to raise about Rs 500 cr from fresh issue of shares, draft papers say

Air traffic to grow 20% in FY24 as Indian carriers add 132 aircraft: Report

Turbine fuel cost and declining yields to put pressure on airlines, says CAPA India

SBI MF schemes buy 2.2% stake worth Rs 757 cr in HDFC AMC in open market

US-based investment firm GQG Partners offloads 1.16% holding; shares exchanged at average price of Rs 1,600 each

Don't change anything to please market, Rajiv Jain tells Adani Group

Chairman of GQG Partners says group has 'remarkably good assets'

RBI fines RBL Bank Rs 2.27 cr for failure on internal ombudsman scheme

Other charges levied against lender include non-compliance with RBI norms on credit card operations, code of conduct in outsourcing of financial services, and recovery agents engaged

FC Madras unveils new FIFA-compliant football facility at Mahabalipuram

Freshworks promoter Girish Mathrubootham is also the founder of the facility

Shankar Vanavarayar becomes chairman of CII Tamil Nadu State Council

He was also the National Chairman of CII's Young Indians in 2011-2012

New age firms in payment space reluctant to comply with rules at times: Das

The payments landscape in India has evolved into a state-of-the-art system that is affordable, accessible, convenient, fast, safe and secure, said RBI governor

HCLTech joins Intel foundry services accelerator design services alliance

The development has opened an opportunity for HCLTech and IFS to collaborate and accelerate the adoption of IFS' cutting-edge technologies

RBI imposes fine of Rs 5,00,000 on HDFC over transfer of deposits

Reacting to the penalty imposed by the central bank, HDFC Ltd said, it will take necessary steps to comply with the directions

GQG Partners trims its stake in HDFC AMC from 5.33% to 2.76%

Shares of HDFC AMC last closed at Rs 1,677. The stock is down 13 per cent in the past six months. GQG was recently in news for its $1.9 billion share purchase of four Adani group stocks