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Category: Business Updates

Business Updates

India overtakes China as most attractive emerging market for investing

March 10, 2022By businessreputationdata

Rupee is trading in a narrow range as the softness in the US dollar and sustained FII inflows were negated by risk aversion in global markets, forex traders said.

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Business Updates

ICICI Bank to delist ICICI Securities in Rs 5,100 crore shareswap deal

March 10, 2022By businessreputationdata

Through this joint venture, Shriram Finance products would be made available on the digital platform to further expand Paytm’s business to credit services as well, and drive financial inclusion.

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Business Updates

Banking liquidity deficit over Rs 2 lakh crore on lower govt spending, weak deposit growth

March 9, 2022By businessreputationdata

In the fortnight ended December 29, the bank deposits grew by 13 per cent on a year-on-year basis, while credit grew by 20 per cent, the latest RBI data showed.

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Business Updates

BYJU’s to lay off up to 3,500 employees this fiscal

March 9, 2022By businessreputationdata

BYJU’s had “over hired” people at the time of Covid pandemic due to sudden jump in online education, but the demand has now receded, for which the company needs to do the course correction, reported PTI quoting sources.

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Business Updates

Ashwin Dani, former Asian Paints chair, dies at 79

March 8, 2022By businessreputationdata

Asian Paints has a market capitalisation of Rs 3.04 lakh crore. It earned revenue of Rs 30,000 crore in FY23.

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Business Updates

Nirmala Sitharaman takes part in traditional ‘halwa’ ceremony ahead of Interim Budget 2024

March 8, 2022By businessreputationdata

The halwa ceremony is an annual ritual in which the traditional dessert ‘halwa’ is prepared and served to officials and staff members of the finance ministry involved in the preparation of the Budget.

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Business Updates

Govt to consider PLI scheme for chemicals and petrochem sectors: Sitharaman

March 8, 2022By businessreputationdata

ECB President Christine Lagarde had all but promised the quarter-percentage point increase.

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Business Updates

Amended norms for 28% GST on e-gaming kick in; companies raise concerns

March 7, 2022By businessreputationdata

Gaming federation writes missive to Finance Ministry

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Business Updates

TikTok ends retail business in Indonesia after ban on social media shopping

March 7, 2022By businessreputationdata

The Chinese-owned video sharing app said in a statement it will stop facilitating e-commerce sales in TikTok Shop Indonesia by 5 pm Wednesday.

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Business Updates

PAN-Aadhaar linking last date: All you need to know

March 7, 2022By businessreputationdata

Previous monthly GDP data has shown that Britain’s economy in April was slightly larger than in February 2020.

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