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Invesco sells 5.11% stake in Entertainment Enterprises for Rs 1,004 crore

Among the buyers were Segantii India and Morgan Stanley, block deal data released by BSE showed

HAL, PFC lead race for MSCI index, Adani Total, Kotak Bank in focus too

Analysts predict both PSU stocks to rake in huge passive inflows; Adani Transmission and Indus Towers could get removed from index

UPI continues to dominate digital payments thanks to wide use of QR codes

According to a Worldline India report on India's digital payments, in 2022, UPI processed over 74 billion transactions, an increase of 70 per cent YoY

HDFC Bank Q4 net profit up 19.8% to Rs 12,047 cr on healthy loan growth

The bank's total balance sheet expanded by 19.2% to Rs 24.6 trillion

Renew Power planning to raise $400 mn in green bonds to refinance old loans

Early this month, Reliance Industries raised $5 billion for its telecom and new energy projects

TVS Eurogrip launches tyres for superbikes, adventure touring segment

The high-performance products have been designed in Europe and built to suit Indian road conditions

Tamil Nadu BJP chief accuses Stalin of corruption; DMK says political stunt

State CM accused of taking a Rs 200-crore bribe from an Indo-European firm that sought a contract related to Chennai Metro Rail

Zee Ent's Punit Goenka pays Rs 50.7 lakh to settle matter with Sebi

The matter dates back to September 2020 when ZEEL announced the launch of pay-per-view service Zee­plex

Anand Rathi Wealth's profit surges 33% in FY23, revenue rises 31%

According to the company, the assets under management increased 18 per cent during the year to Rs 39,000 crore

Reserve Bank of India proposes threshold for penal charges on loans

Individual fine amounts cannot be higher than non-individual borrowers

Delhi HC judge Pratibha Singh recuses herself from Google Playstore case

Another judge to hear the matter on April 18; case is about Playstore policy requiring all app developers to only use Google Play's billing system to charge customers

Sebi unveils new logo with a modern design on 35th Foundation Day

Set up on April 12, 1988, Sebi was granted statutory powers in 1992. Today it is said to have more statutory powers than other market regulators like US SEC

L&T Technology Services to pay $9.9 million for US visa fraud allegations

IT services company acquired less expensive B1 work visas than costlier and limited H-1B visas between 2014 and 2019

Sebi tweaks listing day price discovery process to ensure uniformity

While exchanges will continue to conduct call auctions separately, Sebi has mandated a series of measures to ensure equilibrium prices at both the exchanges are close to each other

RBI announces guidelines to accept green deposits by banks, NBFCs

The central bank has identified nine sectors in which the proceeds from these green bonds must be used. They include renewable energy and green transport

Citi, JICA announce co-finance loan to IndusInd Bank for agriculture sector

This includes a $30 million loan by Citi and JPY 13 billion loan by JICA

Beauty major VLCC appoints Vikas Gupta as CEO with immediate effect

Prior to joining VLCC, Gupta was the CEO of SuperStore by Nykaa. Before that he was the chief customer and marketing officer for Flipkart between 2019-21

ICICI Bank to offer EMI facility for UPI transactions above Rs 10,000

Customers can pay transaction amount above Rs 10,000 in the form of instalments in three, six, or nine months

ICICI Prudential Mutual Fund launches scheme on innovation theme

The new fund offer, which opened on April 10, will close on April 24