IDFC First Bank is looking to raise Rs 20 billion ($243.84 million) in equity capital in the second half of the current financial year, Reuters reported.
In April last year, the RBI conducted a dollar/rupee (USD/INR) sell-buy swap auction for an amount of $ 5 billion.
Speaking at a programme in Hyderabad, the economist said if the country does not grow faster, it will grow older (demographically) before it gets richer, which means there is the burden of an aging population to deal with also at that point.
Tesla’s die cast — or the gigacast, as Musk terms it — visualises the entire underbody of an EV as a single piece, instead of multiple parts bolted and welded together using workers and robots, as is done at most car assembly lines.
Tata Consultancy Services on Monday announced it has been selected to transform IoT solutions provider Lexmark’s enterprise applications, cloud journey and innovation programme.
ITC’s board also approved the demerger of hotels business, and set an indicative timeline of listing of the new firm in 15 months.
Optimistic trends in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year along with continuous foreign fund inflows have been fuelling the rally in stocks.
The first concert on the 27th of January will present Mame Khan with 47 folk artistes; comprising an orchestra of vocalists and instrumentalists of Manganiyar community.
In an interaction with Aggam Walia, Gupta highlighted the need for incentives for the recycling industry and dismissed South Korea’s concerns pertaining to BWMR, 2022 raised at WTO.
Loans to industries grew at 7.1 per cent in September 2023 as against 12.6 per cent, and at 6.7 per cent in August against 11.4 per cent in the same month of last year.