RBI Focuses on Neglected Districts in Priority Sector Loans
On Friday, the Reserve Bank of India (RBI) prioritized its guidelines in creating a system for Priority Sector Handling (PSL). This system will allow higher weightage to...
Author : Amrita Chakravorty
Axis Mutual Fund to Raise to Rs 1,500 Crore for Global Fund
Axis Mutual Fund has launched a global fund, ‘Axis Global Alpha Equity Fund of Fund’ that will invest in Schroder International Selection Fund Global Equity Alpha....
Paytm FY’20 Revenue Rises to Rs 3,629 Crore, Loss Narrows by 40%
Paytm on Friday reported that its revenue has increased to Rs 3,629 crore in the financial year ended on 31 March 2020. The growth in...
Google Urges EU to be Flexible in Setting Digital Rule Book
In view of the forthcoming Digital Services Act, Google compelled the European Commission on Thursday to not use a one-size-fits-all method to the tech industry. The EU...
Jeff Bezos, Elon Musk Lead Tech Wealth Retreat, as $44 Bn Evaporates
On Thursday, the world’s wealthiest technology billionaires came to an end, a banner streak of wealth gains. The industry’s ten wealthiest people had $44 billion...
Franklin Templeton Mutual Fund Receives Interest of Rs 146 Crore from Vodafone Idea
Franklin Templeton Mutual Fund (FT MF), has received interest payment of Rs 146 crore from telecom major Vodafone Idea which was due on 3 September,...
Gold Prices Increase Despite Being Down Rs 5000 Following 3 Day Fall
Today’s prices tell us about the increase of gold and silver rates in between a selloff among global equities, as MCX gold futures went up...
Infosys Acquires Kaleidoscope Innovation for About $42 Million
Software major, Infosys on Thursday announced that it had acquired US-based product design firm, Kaleidoscope Innovation for about $42 million (around Rs 309 crore) for...
Route Mobile to Launch IPO Next Week Worth Rs 600 Crore
Merchant Banking sources on Thursday said that Route Mobile would launch its Initial Public Offerings (IPOs) next week, to raise an estimated capital of Rs 600 crore....
Typhoon Maysak Hits South Korea with Flooding and Damaging Winds
A powerful typhoon churned across South Korea’s southern and eastern coasts, knocking out more than 270,000 homes and more than 2,000 people evacuated to temporary shelters with...