Home » Business » In Other News

In Other News - Page 8

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.

NCLAT issues notices to CCI, Future Coupons on Amazon plea

The appellate tribunal admitted the petition filed by Amazon challenging the CCI order

14 Jan 2022 9:27 AM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Gold may brave headwinds as a risk-hedge: WGC

Inflation will remain high, partly stemming from the unprecedented monetary and fiscal policies put in place to...

14 Jan 2022 9:24 AM IST

According to a source, the appointment of Challa Sreenivasulu Setty as managing director (MD) of SBI has been cleared by the BBB, headed by former Department of Personnel and Training secretary BP Sharma, while the name of Ashwin Bhatia, MD & CEO of SBI Mutual Fund, has been kept as a standby for the same position.

SBI raises $300 mn via Formosa bonds

The bond is benchmarked against the 5-year US treasury and priced at a spread of 100 basis points over the benchmark

14 Jan 2022 9:13 AM IST

The customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs. (Representational Image/PTI)

ATM service charges increase, to cost Rs 21 per transaction from today

Banks have been permitted to charge Rs 21, instead of Rs 20 with applicable taxes, if any, shall be additionally payable

1 Jan 2022 1:11 PM IST

RBI has advised banks and other regulated entities not to take restrictive action against customers till the fiscal end. (Photo: PTI)

RBI extends deadline for periodic KYC update till March 31

Earlier in May, the RBI had extended the last date for updation of KYC by regulated entities till December-end

30 Dec 2021 3:14 PM IST

In September 2021, a reference was sent to sector regulator TRAI, seeking recommendations for the 5G spectrum auction and various modalities such as reserve price, band plan, block size, quantum of spectrum to be auctioned, it said. (PTI Photo)

5G services to be rolled out in India's four metros, selected cities...

On 5G Test bed, it informed that the indigenous 5G test bed project funded by the DoT has reached its final stages

28 Dec 2021 11:44 AM IST

A file picture of the Mundra International Container Port. (Photo: PTI)

Container shortage eases

The pandemic had hit the manufacturing of containers in different parts of the world, aggravating the shortage

20 Dec 2021 7:25 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Over Rs 51K cr unclaimed money lies with FIs

The number of accounts not operated for more than 10 years in urban co-operative banks was 77 lakh and Rs 2,341 crore,...

15 Dec 2021 10:01 AM IST

E-commerce has been one sector which has been recording phenomenal value growth during festive season year-after-year.

Retail sector looks to hire freshers

The pandemic has created a new retail shopping experience which is leading to rise of jobs and opportunities for...

13 Dec 2021 9:31 AM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Covid fear: Gold ETFs see high inflow in November

The higher inflow saw the assets managed by the funds touching Rs 18,104 crore in November against Rs 17,320 crore in...

13 Dec 2021 9:29 AM IST

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. DC Image

Duties fail to make dent in gold imports

The duty benefits led to rapid expansion of refining capacity in India, with number of refineries growing from three in...

10 Dec 2021 9:24 AM IST

Housing sales fell 67 per cent at 21,294 units across nine major cities during April-June due to outbreak of the coronavirus pandemic. (PTI Photo)

Housing prices to move up 5% in 2022: Report

While 2021 was mostly impacted by pandemic-induced volatility, 2022 may prove to be a more stable year for the sector

10 Dec 2021 9:22 AM IST