BUSINESS

Hyderabad has 515 GCCs, another 50-70 expected within a year: Report

Hyderabad has 515 GCCs, another 50-70 expected within a year: Report

Hyderabad has around 515 Global Capability Centres employing over 3 lakh people, with another 50-70 expected within a year, according…
RBI rejects Tata Sons’ bid to surrender NBFC licence, setting stage for mandatory listing

RBI rejects Tata Sons’ bid to surrender NBFC licence, setting stage for mandatory listing

The Reserve Bank of India has rejected Tata Sons’ application to surrender its core investment company registration, effectively forcing the…
No BRICS currency proposal yet, says MEA

No BRICS currency proposal yet, says MEA

The Ministry of External Affairs clarified that there is no proposal for a common BRICS  currency at present, though discussions…
Bank of Baroda unveils AI-powered bob World 2.0 mobile banking app

Bank of Baroda unveils AI-powered bob World 2.0 mobile banking app

 Bank of Baroda has launched bob World 2.0, an AI-powered mobile  banking application featuring voice-enabled payments, personal  financial management, hyper-personalisation…
SEBI likely to propose changes to derivative settlement prices under CAS

SEBI likely to propose changes to derivative settlement prices under CAS

SEBI is likely to issue a consultation paper proposing changes to  derivative settlement  price calculations under the Closing Auction Session.…
Rupee slips 5 paise to 95.57 against US dollar

Rupee slips 5 paise to 95.57 against US dollar

The rupee fell 5 paise to settle at 95.57 against the US dollar, extending its losing streak to five sessions.…
Bank strike hits public sector banks across India

Bank strike hits public sector banks across India

Banking services at public sector banks across India were affected on Friday as employees observed a nationwide strike called by…
Rupee falls 27 paise to 95.79 against US dollar

Rupee falls 27 paise to 95.79 against US dollar

The rupee depreciated 27 paise to 95.79 against the US dollar in early trade on Friday, pressured by elevated crude…
Sensex falls nearly 600 points, Nifty down 0.88% on oil surge

Sensex falls nearly 600 points, Nifty down 0.88% on oil surge

Indian equity benchmarks opened sharply lower on Friday, with the Sensex falling nearly 600 points and the Nifty dropping below…
NSE fixes IPO price band at Rs 1,700-1,785; issue opens Sep 17

NSE fixes IPO price band at Rs 1,700-1,785; issue opens Sep 17

NSE has fixed a price band of Rs 1,700-1,785 per share for its IPO, which opens on September 17. The…
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