Financial

G20: After UAE, India in talks with Indonesia over rupee trade settlement, UPI linkage According to a source, like UAE, there are talks going on with Indonesia on real-time settlement and trading in local currencies, and the two countries…

Now, the government wants to remove the rule that allows an investment structure with two layers of subsidiaries. In effect, the proposed amendment would allow such investments only if there is no intervening layer/subsidiary between the…

Jio Financial Services to be included in FTSE indices on July 20 RIL subsidiary will remain in the index at a static estimated price until trading commences on the exchange, says FTSE Russell Mukesh Ambani-led Reliance Industries Ltd's…

Should you buy, sell or hold Wipro shares post Q1 results? Brokerages have turned bearish on the stock after the IT heavyweight reported lower than expected earning in the June quarter. Shares of Wipro surged nearly 2% in opening trade…

Senco Gold shares list at 36% premium; zoom up to 40% post debut The share price of Senco Gold opened at ₹431 apiece on the BSE and ₹430 on the NSE, a premium of 36% against the IPO price of ₹317. Shares of jewellery retailer Senco Gold…

Mukesh Ambani’s Reliance Retail Ventures makes offer to take over Future Enterprises along with Jindal (India), GBTL On February 27, the National Company Law Tribunal (NCLT) admitted Kishore Biyani’s Future Enterprises for corporate…

Business confidence index soars in Q1 amid robust growth Synopsis India Inc maintains that the robust capital expenditure (capex) momentum of the government, strong domestic drivers and a strong financial system are expected to be the key…

RBI cancels licenses of two co-operative banks in Maharashtra, Karnataka The two co-operative banks ceased to carry on banking business with effect from the close of business on Wednesday, RBI said in two separate statements The Reserve…

India's headcount in various sectors sees a positive surge, with a 12% increase: Report India's headcount in various sectors has seen a positive surge, with a 12% increase compared to last year, driven by growth in professional services,…

Welspun India to see over two-fold rise in domestic business by 2026 During the last financial year, the company's income dipped by around 12 per cent to Rs 8,215 crore from Rs 9,377 crore in 2021-22 Welspun India Ltd (WIL), a global…