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Category: Business Updates

Business Updates

UK antitrust regulator clears Microsoft’s acquisition of ‘Call of Duty’ maker Activision

August 4, 2023By businessreputationdata

Activision had in August agreed to sell its streaming rights to Ubisoft Entertainment, and Microsoft last month offered remedies to ensure the terms of the sale were enforceable by the regulator, soothing some residual concerns.

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Business Updates

5 things to know before availing an education loan

August 4, 2023By businessreputationdata

Education loans also offer attractive tax benefits — borrowers can avail of tax deductions on the interest component of their loan under Section 80E of the Income Tax Act.

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Business Updates

Japan’s Sony says India unit’s merger with Zee Entertainment likely delayed

August 3, 2023By businessreputationdata

“This transaction was expected to be completed by the end of the first half of fiscal year 2023, but based on the current state of preparation, we expect completion within the next few months,” Sony said in a statement.

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Business Updates

Choosing to be non-executive chairman of HDFC was my biggest challenge: Deepak Parekh

August 2, 2023By businessreputationdata

“No age or time is bad enough to start a business or venture. All you need is a good idea and clarity of thought and perseverance to succeed,” Deepak Parekh said.

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Business Updates

Banking system liquidity improves to over Rs 2 lk cr as deposit of Rs 2000 notes surge

August 1, 2023By businessreputationdata

“It is observed that arrangements existing between card networks and card issuers (banks and non-banks) are not conducive to the availability of choice for customers,” the RBI said. Some banks have been forcefully asking customers to accept particular card networks.

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Business Updates

Centre to recover Rs 469 cr from 7 electric 2W makers for non compliance with FAME II

July 31, 2023By businessreputationdata

Direct tax collection has been registering strong growth

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Business Updates

Rupee settles flat at 83.20 against US dollar

July 31, 2023By businessreputationdata

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading lower by 0.13 per cent at 101.36 on Friday.

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Business Updates

States undertaking power reforms can borrow Rs 1.4 lakh crore extra in FY24

July 31, 2023By businessreputationdata

In FY22 and FY23, 12 states were given permission to raise Rs 66,413 crore extra debt

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Business Updates

Japan launches antimonopoly probe into Google’s search dominance

July 30, 2023By businessreputationdata

The Japan Fair Trade Commission (JFTC) said it would investigate whether Google violated Japan’s Antimonopoly Act.

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Business Updates

Kotak Mahindra Bank gets RBI nod for acquisition of microlender Sonata Finance

July 28, 2023By businessreputationdata

“RBI has, vide its letter dated October 19, 2023 received by the Bank on October 19, 2023, conveyed its approval to the Bank, for acquiring 100 per cent of the issued and paid up capital in Sonata,” a regulatory filing by Kotak Mahindra Bank said.

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