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Author: businessreputationdata

Business Updates

GST mop-up rises 12% to over Rs 1.61 lakh crore in June

June 23, 2022By businessreputationdata

HDFC Ltd, the parent of the country’s largest private sector lender, merged into HDFC Bank on Saturday, with boards of both the entities clearing the plan first presented on April 4 last year.

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Business Updates

Air India passengers stranded for over 15 hours as Mumbai-Dubai, Dubai-Mumbai flights delayed

June 21, 2022By businessreputationdata

As many as 5.83 crore tax returns have been filed for income earned in 2022-23 fiscal, thus crossing the number of ITRs filed till July 31 last year.

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Business Updates

Maruti Suzuki reports highest-ever monthly sales in August; shares jump over 3%, touch 52-week high

June 20, 2022By businessreputationdata

In a statement, Maruti Suzuki India (MSI) said, that total domestic passenger vehicle sales were at 1,56,114 units as against 1,34,166 units in the year-ago month.

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Business Updates

Shriram Finance, Paytm come together to augment digital financial services

June 19, 2022By businessreputationdata

RBI Governor Shaktikanta Das said commercial banks will first begin reporting on the central bank’s latest next-generation data warehouse, the Centralised Information Management System’ (CIMS), followed by urban cooperative banks and non-banking financial companies.

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Business Updates

Eye on China, US agency commits funds to Adani’s Colombo project

June 18, 2022By businessreputationdata

China Merchants Holdings Co and the Sri Lanka Ports Authority are jointly developing Colombo’s South Container Terminal, the first terminal under expansion in the Port of Colombo.

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Business Updates

Auto dealers should also open vehicle scrapping facilities: Nitin Gadkari

June 16, 2022By businessreputationdata

Addressing the fifth Auto Retail Conclave, Nitin Gadkari said the government is encouraging a circular economy, and accordingly the government will give permission to dealers to start vehicle scrapping facilities.

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Business Updates

Go First lenders pinning hopes on Jindal Power Ltd for revival

June 16, 2022By businessreputationdata

Banks may not approach Wadias for revival of airline.

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Business Updates

Banking system liquidity deficit at record high of Rs 3.4 lakh crore

June 16, 2022By businessreputationdata

“The primary reason for this (liquidity deficit) is that the government is not spending much. Also, this week is when the goods and services tax (GST) outflow happens,” said a treasury head of a private sector bank.

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Business Updates

UCO Bank recovers Rs 649 crore ‘erroneously credited’ to customers

June 15, 2022By businessreputationdata

UCO Bank shares were trading 1 per cent lower at Rs 39.43 on the BSE on Thursday.

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Business Updates

Goldman Sachs pays Rs 26.44 lakh to settle FPI guidelines violation case with Sebi

June 14, 2022By businessreputationdata

Goldman Sachs (Singapore) Pte has settled with Sebi a case pertaining to certain discrepancies in the monthly offshore derivative instruments reporting after paying Rs 26.44 lakh towards the settlement amount.

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