Govt Invites Proposals for Setting Up Sub-Assembly to Make PCB, Battery Packs

Govt Invites Proposals for Setting Up Sub-Assembly to Make PCB, Battery Packs

The Ministry of Electronics and Information Technology (MeitY) has invited applications for the setting up of sub-assembly for manufacturing printed circuit boards, battery packs, power adapters, and switched mode power supply circuits from...

RBI Sets Up Five Members Committee to Evaluate New Banking Licenses

RBI Sets Up Five Members Committee to Evaluate New Banking Licenses

The Reserve Bank of India (RBI) has established a five-member committee to analyze applications for universal banks and small finance banks, which will be led by former RBI Deputy Governor Shyamala Gopinath. The other members of the panel —...

Government Exits from Tata Communications, Sells 26.12% stake and Nets Rs 8,846 Crore

Government Exits from Tata Communications, Sells 26.12% stake and Nets Rs 8,846 Crore

The government has fully exited Tata Communications Ltd by selling its 26.12% stake and has netted Rs 8,846 crore in the process, the Department of Investment and Public Asset Management (DIPAM) said Monday. The government has divested its holding...

BHEL secures its first ever overseas solar project in Mauritius

BHEL secures its first ever overseas solar project in Mauritius

State-owned engineering firm BHEL on Monday said that it has bagged its first ever overseas solar power project in Mauritius. The project will be set up by BHEL at Tamarind Falls, Henrietta (Phase II), Mauritius on Engineering, Procurement and...

Post Objection from Finance Minister SEBI Relaxes Valuation Norms for ATI Bonds

Post Objection from Finance Minister SEBI Relaxes Valuation Norms for ATI Bonds

The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuation of perpetual bonds like additional tier-1 (AT-1) bonds following strong objection from the Finance Ministry. The regulator said the deemed residual...

Rupee gains 15 paise to close at 72.37 against US dollar

Rupee gains 15 paise to close at 72.37 against US dollar

The rupee appreciated 15 paise to close at 72.37 against the US dollar on Monday which was driven by the foreign fund inflows and the easing crude oil prices. However, subdued sentiment in the domestic equity markets and a moderately strong dollar...

Finance Ministry asks markets regulator Sebi to address issues that led to NSE outage

Finance Ministry asks markets regulator Sebi to address issues that led to NSE outage

The finance ministry has asked markets regulator Sebi to take the necessary measures to address the issues which led to the outage at National Stock Exchange recently. In a written reply to the Lok Sabha on Monday, the Minister of State for...

Important traits to look for before hiring an employee

Important traits to look for before hiring an employee

Employees make or break a business organization and the quality of your employees have a massive say when it comes to determining the performance and growth rate of a business. The growing competition in the industry has also made it harder for...

Central Government Expects the Divestment of Rs 80, 000 crores from BPCL

Central Government Expects the Divestment of Rs 80, 000 crores from BPCL

The Central government is expecting the divestment of state-owned refiner Bharat Petroleum Corporation Ltd (BPCL) to net the exchequer over Rs 80,000 crore, based on a valuation at a significant premium to current prices, according to sources....

Market cap of 8 of the top 10 valued companies tanks over ₹1.38 lakh crore

Market cap of 8 of the top 10 valued companies tanks over ₹1.38 lakh crore

Eight of the 10 most valued companies witnessed a combined erosion of ₹1,38,976.88 crore in their market valuation last week, with Reliance Industries and HDFC Bank taking the biggest hit. During the last week, the 30-share BSE benchmark...

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