Page 86 - Bs Reporter

BS annual summit 'Manthan' kicks off today; many renowned voices to attend

The two-day event, coinciding with Business Standard's 50th anniversary year, will bring together some of the most influential voices in government, policy, and industry

Religare seeks RBI nod for new directors; moves to remove Saluja, Asthaana

The board also recommended the removal of directors Rashmi Saluja and Rakesh Asthaana from the boards of subsidiary companies and committees

HC orders Amazon to pay Rs 340 cr to Lifestyle Equities over infringement

During the proceedings of the case, Cloudtail India agreed to accept an injunction decree and proposed a settlement which would include damages

Franklin Templeton Mutual Fund launches a low duration debt fund

WhiteOak Capital MF on Tuesday launched its Equity Savings Fund (ESF), a hybrid scheme investing in equity, arbitrage, and debt

69% growth in headcount in India's institutional investor sector in 2 years

The sector has made strides in workforce diversity, with women's participation at 27 per cent of the overall workforce

CII announces plan to make India global logistics hub, generate employment

Expanding sector is to expected create 15-17 mn jobs in the country by 2030, it says; Initiative will attract investments and drive economic growth

AkzoNobel N.V. to acquire Indian arm's powder coatings business

The transaction also includes the sale and transfer of intellectual property rights for the decorative paints business in India, Bangladesh, Bhutan, and Nepal for Rs 1,152 crore

Infosys delays trainee assessment amid fresher layoffs at Mysuru campus

India's second-largest IT services company had onboarded about 1,000 engineering graduates in October. Trainees get three attempts to clear the assessment, failing which they are asked to leave

Quality Power drops 10% on mkt debut; Mirae Asset MF launches two ETFs

Mirae Asset Mutual Fund (MF) on Monday launched two exchange traded funds (ETFs) - BSE Select IPO ETF and BSE 200 Equal Weight ETF

Maharashtra govt working on a dedicated AI policy, developing GCC parks

Fadnavis said that technology will play a crucial role in making Maharashtra a trillion-dollar economy

RBI allows Rs 25,000 withdrawal for New India Cooperative Bank depositors

50 per cent of depositors can withdraw their entire money

BS Manthan: Top leaders to discuss India's global position on Feb 27-28

FM Sitharaman, Piyush Goyal, Ashwini Vaishnaw, Bhupender Yadav among those who will discuss India's position in a new world order at the second edition of Business Standard Manthan

Reserve Bank of India for foreclosure of biz loans to MSEs, individuals

The RBI has invited comments and feedback from stakeholders and the public on the draft circular by March 21

India ranked second-least favoured in Asia Pacific, says BofA survey

Japan remains the clear favourite in the region, followed by Taiwan

Striking Samsung India workers call for massive protests on March 8

This comes a day after the management suspended 14 more union members

Vedanta declared preferred bidder for diamond block in Madhya Pradesh

It said it is the highest bidder with a final price offer of 1.10 per cent

Lower salary earners spending on essentials, debt servicing: Report

A Perfios-PwC India report shows higher salary bands are allocating a significant portion of their income toward obligatory and discretionary spending

Demerger gets approval from creditors and shareholders, says Vedanta

Vedanta said the resolution was passed with 99.99 per cent of those participating, voting in favour of the resolution

Burman family acquires control, becomes promoter of Religare Enterprises

The Burman Group will work with Religare Enterprises' leadership and board to reinforce its strategic direction and enhance long-term value creation

Govt should bear higher premium for increased deposit insurance: AIRBEA

Currently, with coverage being for Rs 5 lakh, 97.8 per cent of the total number of deposit amounts are fully protected. However, in terms of value only 43.1 per cent of the deposits are insured