Adani Enterprises Ltd, the ports-to-energy conglomerate’s flagship firm, said its subsidiary AMG Media Networks Ltd “has executed a share purchase agreement for the acquisition of remaining 51 per cent stake in QBML”
The trade pillar is one of the most crucial parts of IPEF that seeks commitment on sensitive areas as agriculture, digital trade and labour and could require changes in domestic regulation.
From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, Infosys, ITC, State Bank of India, Bharti Airtel and Bajaj Finance were the laggards while Tata Consultancy Services (TCS) and Hindustan Unilever were the gainers
“There are no fintech regulations right now. We are talking to the industry and understanding whether there is a need to regulate them. We cannot give a timeline at the moment. But it will come only after consultation with them,” he said at the Moneycontrol Startup Conclave.
OYO announced its foray into premium resorts and hotels category with the launch of its new brand -Palette with plans to have a total of 50 properties by second quarter of FY24.
As on May 19, the total value of Rs 2000 banknotes in circulation amounted to Rs 3.56 lakh crore.
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. States are eligible to borrow Rs 1.43 lakh crore on the recommendation of the power ministry in FY24.
The long-awaited announcement about Credit Suisse’s home bank was made in tandem with UBS’s first earnings report since taking over its stricken rival. The decision comes despite a likely backlash in Switzerland where it could result in the loss of thousands of jobs.
According to Crisil, the growth is expected to sustain over the medium term, supported by conducive policies, strong investor interest and healthy financial profiles, leading to stable credit quality of companies in the Crisil Ratings portfolio in both sectors.