Exclusive

Publication

Byline

Hundia Infosolutions targets 20% revenue from newly launched peripherals brand by FY'29

New Delhi, Aug. 21 -- Hundia Infosolutions, the company behind homegrown technology brand EVM, targets newly launched gaming and performance peripherals brand, KARNAGE to contribute 20 per cent overal... Read More


Apollo Micro Systems bags Rs.81-crore defence order

New Delhi, Aug. 21 -- Apollo Micro Systems, a defence and aerospace technology company, has received orders worth Rs.81 crore from defence PSUs, state governments and private industries. As of August,... Read More


Tata Trusts delay raises questions over legal recourse as dividend payout remains stuck

New Delhi, Aug. 20 -- The continuing regulatory restrictions on the Sir Ratan Tata Trust (SRTT), which have led to the adjournment of Tata Sons' annual general meeting and delayed the disbursal of nea... Read More


HDFC Bank to raise $1.75 billion through senior notes; Moody's assigns Baa3 rating

New Delhi, Aug. 20 -- HDFC Bank is set to raise up to $1.75 billion through fixed-rate senior notes, with Moody's Investors Service Singapore assigning the proposed issuance a Baa3 rating with a Stabl... Read More


UCBs may be small, but their risk environment is far larger: RBI Dy Guv Swaminathan

New Delhi, Aug. 20 -- While the size of an Urban Co-operative Bank (UCB) may be limited, the risks it faces may originate far beyond its physical or geographical boundaries, cautioned RBI Deputy Gover... Read More


SBI widens cash withdrawal charges to all basic account customers push to plug fee income leak

New Delhi, Aug. 20 -- Under a notification placed on its website, SBI said that with effect from October 1, customers holding BSBDA accounts opened through the branch banking channel, will also be bro... Read More


Former ISRO Chairman Panicker appointed Director on RBI's Central Board; Anand Mahindra re-appointed

New Delhi, Aug. 20 -- The Central government has appointed former Chairman of ISRO Somanath Sreedhara Panicker and re-appointed Industrialist Anand Gopal Mahindra as part-time, Non-official Director o... Read More


India's foreign exchange market will be ready when its deep enough to absorb global shocks: RBI Deputy Governor

New Delhi, Aug. 20 -- India's foreign exchange market will be ready for the next decade when it is deep enough to absorb global shocks, flexible enough to support new forms of trade and investment and... Read More


SEBI, RBI working on bond tokenisation project; pilot to test faster settlement

New Delhi, Aug. 20 -- The Securities and Exchange Board of India (SEBI) is moving forward with its pilot on tokenisation of corporate bonds in coordination with the Reserve Bank of India, with a wider... Read More


Basic account cash withdrawals beyond four will attract a charge of Rs.15 plus GST per transaction, says SBI

New Delhi, Aug. 20 -- State Bank of India (SBI) has decided to revise the cash withdrawal charges for basic savings bank deposit accounts (BSBDA) opened through the branch channel with effect from Oct... Read More