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Business Updates

GST Council to meet on Aug 2 over issue of online gaming, casinos, horse racing

June 27, 2023By businessreputationdata

Aviation safety regulator DGCA has suspended flying licence of two IndiGo pilots for violating safety norms and Standard Operating Procedures (SoPs) while landing at the Ahmedabad airport last month, a senior official has said.

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Business Updates

RBI supersedes board of Abhyudaya Cooperative Bank for a year, cites poor governance

June 27, 2023By businessreputationdata

The regulator has appointed Satya Prakash Pathak, former chief general manager of State Bank of India as administrator to manage the affairs of the urban co-operative bank (UCB) during the 12-month period.

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Business Updates

Jayanth Varma: ‘Approaching a point where a cut is must to check high real interest rate’

June 27, 2023By businessreputationdata

The RBI revised upwards real GDP growth forecast for FY24 to 7% from 6.5% earlier.

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Companies Info

MedWatcher

June 27, 2023By businessreputationdata

MedWatcher is a user-friendly tool for tracking and reporting side effects of drugs, medical devices, and vaccines.

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Companies Info

Allianz

June 26, 2023By businessreputationdata

Allianz Life Insurance Company is a provider of retirement solutions, including fixed and variable annuities and life insurance for individuals.

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Companies Info

Liquid Robotics

June 26, 2023By businessreputationdata

Liquid Robotics provides data services with Wave Glider, a marine robot that helps address climate change, national security, and offshore energy and resource management.

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Business Updates

Sebi orders defreezing of bank, demat accounts, MF folios of Rana Kapoor

June 25, 2023By businessreputationdata

Sebi in July, sent a notice to Yes Bank former MD and CEO Rana Kapoor asking him to pay Rs 2.22 crore in a case of misselling the private sector lender’s Additional Tier-1 (AT1) bonds and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days.

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Business Updates

Sensex jumps 759 pts to close at record high, Nifty scales 22K mount on sharp gain in IT shares

June 25, 2023By businessreputationdata

A strong rally in IT shares Infosys, TCS, Wipro and HCL Tech after better than expected Q3 results helped the indices scale new record high levels. Oil & gas and energy sector shares also boosted the rally.

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Business Updates

Tata Group picks Britain to set up new EV battery plant

June 24, 2023By businessreputationdata

Shares of IndusInd Bank climbed nearly 4 per cent on Wednesday morning after the company reported a 30 per cent jump in its consolidated net profit in the April-June quarter.

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Business Updates

Asian Paints misses Q2 profit estimates on muted sales

June 24, 2023By businessreputationdata

Asian Paints on Thursday reported a smaller-than-expected jump in second-quarter profit, hurt by muted sales.

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