Adar Poonawalla to acquire 60 percent stake in Magma Fincorp for Rs 3,456-crore

Adar Poonawalla to acquire 60 percent stake in Magma Fincorp for Rs 3,456-crore

Adar Poonawalla-controlled Rising Sun Holdings will acquire a 60 per cent stake in the non-banking financial company (NBFC) Magma Fincorp by subscribing to a Rs 3,456-crore preferential issue. After the infusion of capital, Magma and its...

SBI crosses ₹5 trillion-mark in its home loan business segment, grows five times over the last 10 years

SBI crosses ₹5 trillion-mark in its home loan business segment, grows five times over the last 10 years

State Bank of India (SBI) on Wednesday said it has crossed the ₹5 trillion-mark in its home loan business segment. The State Bank of India (REHBU) unit of the bank has now grown five times in the last 10 years with an asset under management...

Sebi to introduce New Framework to Compensate Investors for Technical Glitches

Sebi to introduce New Framework to Compensate Investors for Technical Glitches

Markets regulator Sebi is considering a proposal to introduce a framework which can be used to ascertain the incidents of technical glitches whereby compensation would be given to the investors. Besides, the regulator is also looking to devise a...

4 Things To Know About Filing An Injury Claim

4 Things To Know About Filing An Injury Claim

Personal injuries can occur due to medical malpractice, slip and falls, car accidents, injuries from work, and more. When you experience such, you can file a personal injury claim. However, it may not be that easy to get what you deserve. ...

Central Bank of India's Net Profit Up by 6.5% at ₹165 Crore in Q3 FY21

Central Bank of India's Net Profit Up by 6.5% at ₹165 Crore in Q3 FY21

The state-owned Central Bank of India on Tuesday reported a 6.5% rise in its net profit to ₹165.41 crore in the third quarter which ended on December. The bank had posted a net profit of ₹155.32 crore in the corresponding year-ago period....

LIC IPO: Up to 10 Percent of Issue Size to be Reserved for Policyholders

LIC IPO: Up to 10 Percent of Issue Size to be Reserved for Policyholders

Up to 10 per cent of the LIC IPO issue size would be reserved for policyholders, Minister of State for Finance Anurag Thakur said on Tuesday. The government will remain the majority shareholder and the government will continue to retain management...

Why to use Management Tools in Business?

Why to use Management Tools in Business?

Tools for project management are used for project preparation, allocation of resources, time management, and tracking of results. They are one of the basic components of the tools for application growth that can help your company gain a...

The Provisional GST Compensation Due for April-November 2020 Stands at Over Rs 2.06 Lakh Crore

The Provisional GST Compensation Due for April-November 2020 Stands at Over Rs 2.06 Lakh Crore

The Centre has released Rs 84,000 crore till date to states under the special borrowing window to meet GST shortfall, while the provisional GST compensation due for April-November 2020 stands at over Rs 2.06 lakh crore, Parliament was informed on...

EPFO settles 60.88 lakh COVID-19 non-refundable advance claims and releases Rs 15,255 crore till Jan 31st

EPFO settles 60.88 lakh COVID-19 non-refundable advance claims and releases Rs 15,255 crore till Jan 31st

EPFO has settled 60.88 lakh COVID-19 non-refundable advance claims, and they have also disbursed Rs 15,255.95 crore till January 31, 2021, reflecting the pandemic's impact on the financial situation of the formal sector workforce. When...

Intellipaat & NASSCOM Futureskills To Train Professionals Conjointly on Digital Skills Including AWS, DevOps and Web Development

Intellipaat & NASSCOM Futureskills To Train Professionals Conjointly on Digital Skills Including AWS, DevOps and Web Development

Intellipaat, India's leading executive online education platform, in partnership with NASSCOM FutureSkills, has announced the launch of 3 digital skills programme for training young professionals on the FutureSkills enterprise platform. The...

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