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Author: businessreputationdata

Business Updates

Mahindra & Mahindra’s Canada-based associate firm winds up

December 9, 2021By businessreputationdata

Mahindra & Mahindra held 11.18 per cent stake in Resson Aerospace Corporation which had filed for a voluntary winding-up.

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Business Updates

Scamming the scammers: How borrowers create fake IDs to deceive fake loan apps

December 8, 2021By businessreputationdata

An empty phone, forged documents, a fake digital trail – and a stunning role reversal. This time, shady loan apps are the ‘victims’

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Business Updates

Airports to Metro, how non-core businesses bring firms more money

December 8, 2021By businessreputationdata

Across key transport infrastructure segments, non-core revenue streams are assuming growing significance as operators look to diversify revenue to de-risk businesses and subsidise core operations to keep services economical for consumers.

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Business Updates

‘No distress’, people investing in other fin products: Finance Ministry on dip in household savings

December 7, 2021By businessreputationdata

Net household savings declined to a 47-year low of 5.1 per cent of gross domestic product in FY23 as compared to 7.2 per cent recorded in the previous year, as per the data released by the Reserve Bank in its latest monthly bulletin.

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Business Updates

The big fat Indian wedding: cheaper hotels & flights, visa-free deals drive business overseas

December 6, 2021By businessreputationdata

Garg explained that affluent families prefer to host weddings with a small guest list in faraway locations where social obligations become less important.

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Business Updates

Oil prices rise on supply deficit concerns

December 5, 2021By businessreputationdata

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the US spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.

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Business Updates

SEBI announces system to report demise of investor

December 4, 2021By businessreputationdata

After receiving intimation about the demise of an investor, the concerned intermediary will have to obtain the death certificate along with the PAN from the notifier or nominee and verify the death certificate through online or offline mode.

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Business Updates

India’s overall exports to Australia remain little changed after trade pact

December 4, 2021By businessreputationdata

The slight fall was largely caused due to the lower value of petroleum product exports, which account for over 50 per cent of the value of India’s exports to Australia.

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Business Updates

Markets fall over 1% on weak global cues

December 4, 2021By businessreputationdata

The BSE Sensex shed 676.53 points, or 1.02 per cent, to close at 65,782.78. The 30-share index fell by 1,028 points during intraday trades. The broader Nifty ended at 19,526.55, down 207 points, or 1.05 per cent.

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Business Updates

Sensex slumps 299 points, Nifty closes at 19,666; ITC tanks over 4%, FMCG index down 2%

December 3, 2021By businessreputationdata

In an interaction with Sukalp Sharma, Bosoni talks about the current dynamics of global oil markets and their impact on India, oil demand outlook going ahead, and the likely effect of natural gas, renewables, and future fuels like green hydrogen on the evolution of energy landscape globally. Edited excerpts:

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