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Irdai grants life insurance registration to Acko & Credit Access Grameen

With the entry of these two firms into the space, the number of life insurance companies in the sector goes up to 25, after remaining stagnant since 2011

Market regulator Sebi slaps show-cause notice on Royal Orchid Hotels

Sebi has provided a period of 21 days to the company, promoters CK Baljee and Keshav Baljee, and CFO Amit Jaiswal to file their reply or objections

Google launches 'about this result' to evaluate source of information

International feature will also be available in 9 Indian languages to take 'more informed decision' about websites

Sebi rectifies penalty on Samir Jain, wife and others in PNB Finance case

Sebi found connected entities holding 91.51 per cent and 94.45 per cent in PNBFIL and CCCL, respectively

BS Annual Awards: A high-powered jury selects India Inc's best seven

Seven leading decision-makers met virtually to pick the outstanding achievers in seven categories

UK clears Essar's $2.4 bn energy transition project helping carbon economy

Vertex Hydrogen project will support UK government's net zero ambitions, says company

The next day: Adani Group stocks rise after group denies news reports

As a result, the combined market capitalisation of the group rose by over Rs 20,000 crore

TVS Emerald, HDFC Capital to create Rs 1000 cr platform for real estate

Agreement to assist setting up plotted development projects in Chennai and Bengaluru

IIT-M to develop tech to upcycle paddy waste for making supercapacitors

The technology will provide an additional source of income to farmers, help reduce stubble burning in North India

Merchant payment via wallets on UPI to attract 1.1% interchange from Apr 1

As NPCI seeks to integrate digital wallets on the UPI platform is expected to be positive for Paytm, which has a 60 per cent share in wallets

Warburg sells 2.3% stake in Kalyan Jewellers, mops up Rs 257 crore

PE major's holding in the Thrissur-based gold retailer falls to 24.06% from 26.36%; Shares of Kalyan Jewellers dip 9.1% to end at Rs 107.9 on the NSE

Industry majors welcome Irdai move to remove cap on agent commissions

Insurance regulator has replaced earlier cap on commission payments with overall cap on expenses; move is seen to provide more flexibility to insurers in managing their expenses

MFs open international funds for investments ahead of new tax rules

Franklin Templeton, Mirae Asset, Edelweiss mutual funds resume international schemes

Deadline for nomination for demat, trading accounts extended till Sept 30

Decision taken on the basis of assessment of accounts where it has not been updated yet, says Sebi

YES Bank shares in focus with SC likely to hear appeal in AT1 bond matter

If top court rules in favour of bondholders, Yes Bank shares could see a selloff as its capital base gets eroded, impeding its growth prospects; other banks, especially PSBs, may be impacted too

After ouster from top-5 club, Indian mkt now risks losing $3-trn m-cap tag

The last time India's m-cap had slipped below $3 trn was last June; at the peak, the m-cap stood at nearly $3.67 trillion in January 2022. Current m-cap is 18 per cent below the peak

Credit card spends dip in Feb but top Rs 1 trn for 12th straight month

February typically sees a slight dip in spends compared to other months because it has fewer days. In January, spends had touched Rs 1.26 trillion, the second highest figure ever

Quantum computing-based telecom network link now operational: Vaishnaw

A quantum network transmits quantum bits (qubits) that can simultaneously take the value of zeros and ones thus making it more difficult to break end-to-end encryption

Full-KYC Paytm wallets can now make payments across all UPI QR codes

Move comes after NPCI announces KYC wallet interoperability

Second G20 framework working group meeting concludes in Chennai

Around 87 delegates from G20 member countries, invitees, and international organizations attended the meeting