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  SEBI introduces accredited investors concept in Indian securities market

  August 06, 2021 13:26 IST

  A person or entity will be identified as an accredited investor on the basis of net worth or income.

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  RBI retains real GDP growth projection at 9.5 per cent for 2021-22

  August 06, 2021 12:25 IST

  In the June monetary policy, the RBI had lowered the growth projection for 2021-22 to 9.5 per cent from 10.5 per cent estimated earlier.

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  RBI raises retail inflation projection for FY22 to 5.7 per cent

  August 06, 2021 12:11 IST

  In the previous Monetary Policy Committee (MPC) meeting in June, the RB''s CPI inflation projection for the current fiscal stood at 5.1 per cent.

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  Byju's to acquire e-learning platform Vedantu for $600-$700 million

  August 06, 2021 11:34 IST

  This will be the 4th major acquisition by Byju Raveendran-run company this year.

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  Aptus Value Housing Finance IPO to open on August 10

  August 06, 2021 10:21 IST

  The initial share-sale will be open for public subscription on Aug 10, and conclude on Aug 12, the company said.

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  Bank of Maharashtra waives processing fee on gold, home, car loans till September 30

  August 06, 2021 10:07 IST

  The lender is offering housing loans and car loans at an interest rate starting from 6.90 per cent and 7.30 per cent respectively, a release said.

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  Nuvoco Vistas IPO to open on August 9

  August 06, 2021 10:04 IST

  The 3-day initial share-sale will open for public subscription on Aug 9 and conclude on Aug 11, the company announced.

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  Chemplast Sanmar's Rs 3,850-cr IPO to open on Aug 10; sets price band at Rs 530-541/share

  August 06, 2021 10:00 IST

  Chemplast Sanmar Ltd on Thursday said it has fixed a price band of Rs 530-541 a share for its Rs 3,850-crore initial public offering.

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  Monetary policy: RBI keeps interest rates unchanged for 7th time in a row; repo retained at 4%

  August 06, 2021 11:46 IST

  RBI Monetary Policy Review: RBI keeps interest rates unchanged at 4 per cent.

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  SC holds Singapore's EA award against Future-Reliance Retail deal enforceable

  August 06, 2021 11:11 IST

  Amazon Reliance Future Retail Case: Amazon had claimed that Future's deal with Reliance Retail is invalid and violation of its 2019 agreement.

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  Glenmark Life Sciences IPO Listing today, GMP indicated moderate listing gain

  August 06, 2021 8:03 IST

  Glenmark Life Sciences IPO Listing Date, Glenmark Life Sciences Share Price: Glenmark Life Sciences IPO GMP is currently at Rs 85.

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  Covid 3rd wave may pull GDP growth down to 7%: Economist Abhijit Banerjee

  August 06, 2021 6:43 IST

  Abhijit Banerjee said that boosting the state's economy is directly related to the revival of the country's economy as it is under stress due to the ongoing pandemic situation.

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  Govt amends Income Tax Act, retrospective tax rule junked

  August 05, 2021 18:51 IST

  ​The Central government on Thursday proposed to amend Income Tax Act to provide that no tax demand shall be raised in future on the basis of said retrospective amendment for any indirect transfer of Indian assets, if transaction before May 28, 2012.

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  How Reliance BP Mobility Ltd is set to fast-track adoption of EVs for food delivery

  August 05, 2021 16:21 IST

  The partnership is aimed at promoting the adoption of battery-operated electric vehicles (EV), including deployment of electric 2-wheelers that will be supported by Jio-bp's network of battery swap stations and Swiggy’s network of delivery partners.

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  Vodafone Idea shares continue to decline; further tumble over 24%

  August 05, 2021 13:23 IST

  Shares of Vodafone Idea continued to tumble for the fourth consecutive day on Thursday and further plunged over 24 per cent.

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  Forex violation case: ED slaps Rs 10,600-cr FEMA contravention notice against Flipkart, its founders

  August 05, 2021 11:47 IST

  Proceedings under the FEMA are civil in nature and the final penalty, post adjudication, can be at least three times the amount contravened under the law.

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  SBI Q1: Net profit jumps 55.25% to Rs 6,504 crore on lower provisioning

  August 05, 2021 9:28 IST

  SBI has reported a 55.25 per cent jump in standalone profit after tax at Rs 6,504 crore for the quarter ended June.

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  IRCTC Share Split: IRCTC share price rises on account stock split

  August 05, 2021 9:03 IST

  IRCTC Share Split Date 2021, IRCTC Share Split Record Date: IRCTC  may announce share spit on August 12. IRCTC share price has jumped more than 8 per cent on the NSE. 

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  Kumar Birla steps down as non-executive chairman of Vodafone-Idea, Himanshu Kapania to replace him

  August 04, 2021 21:08 IST

  Vodafone Idea board has elected non-executive director Himanshu Kapania as non-executive chairman after Kumar Mangalam Birla stepped down from the said posts, the company said on Wednesday.

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  RBI relaxes current account norms, extends deadline to implement new rules. Check details

  August 04, 2021 19:30 IST

  ​The Reserve Bank of India (RBI) on Wednesday issued guidelines for the implementation of the circular on the opening of current accounts by banks.

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  PM Kisan Nidhi Scheme: PM Modi to release 9th installment on August 9 benefiting 10 crore farmers

  August 04, 2021 16:41 IST

  The government will transfer the 9th installment of Rs 2,000 under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in the bank accounts of 10 crore farmers on Monday via video conferencing.

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  CarTrade IPO subscription to open on August 9; GMP strong ahead of issue

  August 04, 2021 14:52 IST

  CarTrade IPO date, CarTrade IPO GMP: CarTrade GMP is strong in the grey market. CarTrade IPO share will be listed on the BSE and NSE on August 23. 

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  RBI Alert! Central bank cautions people against fake deals for buying, selling old coins, banknotes

  August 04, 2021 14:54 IST

  This advisory comes in the wake of RBI coming across certain elements fraudulently using its name or logo and seeking charges or commission or tax from the public.

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  This Delhi-based startup is offering BMW, KTM bikes, Apple gadgets to new joinees - Details

  August 04, 2021 13:56 IST

  BharatPe Jobs, BharatPe BMW Bikes, BharatPe Job Openings: BharatPe is offering BMW bikes, Royal Enfield Himalayan, KTM Duke, Apple products to new joinees.

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  FM Nirmala Sitharaman to table 3 Bills in Rajya Sabha today

  August 04, 2021 11:20 IST

  Sitharaman will move for passage the Limited Liability Partnership (Amendment) Bill 2020, Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021, and General Insurance Business (Nationalisation) Amendment Bill, 2021

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  Exxaro Tiles IPO: Subscription opens today, Check price band, listing date

  August 04, 2021 10:53 IST

  The initial public offering of up to 1,342,4000 equity shares comprises a fresh issue of up to 1,11,86,000 equity shares and an offer-for-sale of up to 22,38,000 equity shares by Dixitkumar Patel. 

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  Krsnaa Diagnostics IPO: Subscription opens today; Check price band and listing date

  August 04, 2021 10:40 IST

  As a part of OFS, Phi Capital will sell 16 lakh equity shares, Kitara will offload 33,40,713 equity shares, Somerset Indus Healthcare Fund I Ltd will offer 35,63,427 equity shares and Lotus Management Solutions will sell 21,380 equity shares.

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  Windlas Biotech IPO: Subscription opens today; Check price band and listing date

  August 04, 2021 10:28 IST

  The IPO comprises fresh issuance of equity shares worth Rs 165 crore and and an offer for sale of up to 5,142,067 equity shares.