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Category: Business Updates

Business Updates

Reliance-Jio Financial Services demerger: RIL opens at Rs 2,580; JFSL share price fixed at Rs 261.85

April 21, 2022By businessreputationdata

Market sentiment remains upbeat on robust foreign flows and a healthy macroeconomic outlook.

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Business Updates

Govt to extend duty remission benefits to e-commerce exports

April 20, 2022By businessreputationdata

The government also launched an e-commerce export handbook for MSMEs, which will be a key resource for creating awareness on e-commerce exports through these outreach events in the districts.

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Business Updates

Kotak Mahindra Bank drops over 2% after naming new CEO

April 19, 2022By businessreputationdata

Shares of Kotak Mahindra Bank fell more than 2% on Monday after it named veteran banker Ashok Vaswani as managing director and CEO following founder Uday Kotak’s resignation.

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Business Updates

Essar to invest Rs 55,000 cr in energy, infra sectors in Gujarat

April 18, 2022By businessreputationdata

It has signed an MoU to develop a one-gigawatt green hydrogen project, involving an investment of around Rs 30,000 crore.

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Business Updates

ICICI Lombard gets Rs 1,728 cr GST demand notice

April 18, 2022By businessreputationdata

The notice refers to matters relating to industry-wide issues, the company said, adding that it will file an appropriate response within the prescribed timelines.

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Business Updates

RBI to offer cloud storage services as part of digital public infrastructure

April 17, 2022By businessreputationdata

The service, which will be developed by a subsidiary of the central bank, will directly compete with similar services offered by American companies like Amazon, Google and Microsoft.

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Business Updates

RIL fixes July 20 as record date for share allotment in demerger process

April 14, 2022By businessreputationdata

Adani Enterprises last month announced that it has signed a pact to acquire 100 per cent of SEPL.

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Business Updates

Rupee falls 3 paise to close at 83.31 against US dollar

April 14, 2022By businessreputationdata

On the domestic equity market front, Sensex rose 92.47 points or 0.14 per cent to settle at 66,023.24 points. The Nifty advanced 28.45 points or 0.14 per cent to 19,811.85 points.

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Business Updates

India Inc looks to raise over Rs 72,000 crore from IPO market

April 14, 2022By businessreputationdata

Five companies raise over Rs 7,300 crore this week; 26 cos get SEBI nod to raise Rs 29,000 crore

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Business Updates

After chaos, firms get 3 months to get licence for laptop imports

April 14, 2022By businessreputationdata

Given the outrage and the immediate adverse impact, the DGFT issued a notification Friday that now gives the industry a three-month reprieve.

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