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Tag: business

  • Ahead Of IPO, Fusion Micro Finance Garners Rs 331 Crore, From Anchor Investors

    Fusion Micro Finance on Tuesday said it has raised a little over Rs 331 crore from anchor investors ahead of its initial public offering (IPO) that opens for public subscription on Wednesday. The company has decided to allot 89,99,943 equity sharesFusion Micro Finance on Tuesday said it has raised a little over Rs 331 crore from anchor investors ahead of its initial public offering (IPO) that opens for public subscription on Wednesday. The company has decided to allot 89,99,943 equity shares

  • 57 Pc Of Employers In Manufacturing Sector Keen, On Hiring: Report

    With strong growth trajectory, the manufacturing sector in the country has anticipated an increase in hiring outlook as 57 per cent employers have expressed their intent to hire during October to December, according to a report. Around 57 per cent employersWith strong growth trajectory, the manufacturing sector in the country has anticipated an increase in hiring outlook as 57 per cent employers have expressed their intent to hire during October to December, according to a report. Around 57 per cent employers

  • I-T Dept Raids, Two Luxury Watch Sellers In Delhi

    The Income Tax Department has conducted searches against two major luxury watch sellers in Delhi as part of a tax evasion probe, officials said Tuesday. The sleuths launched the raids on Monday on the premises of Kapoor Watch Company and JohnsonThe Income Tax Department has conducted searches against two major luxury watch sellers in Delhi as part of a tax evasion probe, officials said Tuesday. The sleuths launched the raids on Monday on the premises of Kapoor Watch Company and Johnson

  • NSE Phone, Tapping Case: Chitra Ramkrishna Mastermind Behind Conspiracy, ED Tells HC While Opposing Bail

    The ED on Tuesday opposed in the Delhi High Court the bail plea of former MD of National Stock Exchange Chitra Ramkrishna in a money laundering case related to alleged illegal phone tapping of NSE employees, saying she was the “mastermind”The ED on Tuesday opposed in the Delhi High Court the bail plea of former MD of National Stock Exchange Chitra Ramkrishna in a money laundering case related to alleged illegal phone tapping of NSE employees, saying she was the “mastermind”

  • Several Banks Participate, In First Pilot Project Of Digital Rupee

    Several banks, including ICICI Bank and Bank of Baroda, on Tuesday participated in the first pilot project of Digital Rupee launched by the Reserve Bank for transactions in government securities. According to sources, ICICI Bank sold GS 2027 securities to IDFCSeveral banks, including ICICI Bank and Bank of Baroda, on Tuesday participated in the first pilot project of Digital Rupee launched by the Reserve Bank for transactions in government securities. According to sources, ICICI Bank sold GS 2027 securities to IDFC

  • B Rajendran Takes Charge, As Sebi Executive Director

    Capital markets regulator Sebi on Tuesday said that B Rajendran has taken charge as it’s executive director, who will handle alternative investment fund and departments of corporation finance investigation and foreign portfolio investors. Prior to his promotion as executive director, RajendranCapital markets regulator Sebi on Tuesday said that B Rajendran has taken charge as it’s executive director, who will handle alternative investment fund and departments of corporation finance investigation and foreign portfolio investors. Prior to his promotion as executive director, Rajendran

  • India’s Gold Demand Hits Pre-Pandemic Levels; Q3 Gold Demand up 14 % to 191.7 Tonnes: WGC

    India’s gold demand has reached pre-pandemic levels and has witnessed an annual growth of 14 per cent during the July-September quarter at 191.7 tonnes mainly driven by strong consumer interest, according to a World Gold Council (WGC) report. According toIndia’s gold demand has reached pre-pandemic levels and has witnessed an annual growth of 14 per cent during the July-September quarter at 191.7 tonnes mainly driven by strong consumer interest, according to a World Gold Council (WGC) report. According to

  • EPFO Coverage To Be Expanded To 10 Cr Subscribers: Minister Bhupender Yadav

    Union Labour Minister Bhupender Yadav on Tuesday said retirement fund body EPFO’s coverage will be expanded to 10 crore subscribers from the existing level of 6.5 crore. At a function to mark the 70th foundation day of the Employees ProvidentUnion Labour Minister Bhupender Yadav on Tuesday said retirement fund body EPFO’s coverage will be expanded to 10 crore subscribers from the existing level of 6.5 crore. At a function to mark the 70th foundation day of the Employees Provident

  • Google ‘Pauses’ Enforcement of In-House Play Billing System in India Post CCI Order

    Google is “pausing” enforcement of the requirement for developers to use Play’s billing system for the purchase of digital goods and services for transactions by users in India while it reviews legal options, in the aftermath of the recent ruling byGoogle is “pausing” enforcement of the requirement for developers to use Play’s billing system for the purchase of digital goods and services for transactions by users in India while it reviews legal options, in the aftermath of the recent ruling by

  • Elon Musk Ropes in Indian-Origin Technology Executive As He Implements Changes in ‘Twitter’

    Sriram Krishnan, an Indian-origin technology executive, is “helping out” Twitter’s new owner Elon Musk as he revamps the social media giant following its acquisition by the billionaire entrepreneur. Krishnan is a general partner at Silicon Valley venture capital firm Andreessen HorowitzSriram Krishnan, an Indian-origin technology executive, is “helping out” Twitter’s new owner Elon Musk as he revamps the social media giant following its acquisition by the billionaire entrepreneur. Krishnan is a general partner at Silicon Valley venture capital firm Andreessen Horowitz