To simplify the entry age norms in NPS
The National Pension System (NPS) is determined to get more fund managers and expand age-related entry criteria for investors, with even more employers expected to […]
Business
Piramal Retail Finance Offers Consumer-Used-Car Loans
Piramal Retail Finance, a business of Piramal Capital and Housing Finance Limited, a subsidiary of Piramal Enterprises Ltd., has announced the expansion of its multi-product […]
Amazon India announces $ 250mn venture fund
Amazon India on Thursday announced a $ 250 million venture fund, which will invest in start-ups that focus on technology innovations for the digitization of […]
RBI establishes authority to review rules
The Reserve Bank of India (RBI) has established the Regulation Review Authority 2.0. The authority will review regulatory prescriptions internally as well as seeking suggestions […]
HMSI has new ‘Overseas Business’ vertical to make India an export hub
Honda Motorcycle & Scooter India (HMSI) on Thursday said it has set up an ‘overseas business’ expansion vertical to accelerate the company’s efforts to make […]
Four units apply to ‘tap on’ Universal Bank license
UAE Exchange & Financial Services Ltd; Repetriates Cooperative Finance and Development Bank Limited (REPCO Bank); RBI said on Thursday that Chaitanya India Fin Credit Pvt […]
Bajaj Auto discontinues booking for Chetak EV
Bajaj Auto said that the firm had to stop accepting bookings for Chetak electric scooters within 48 hours of reopening bookings in Bengaluru and Pune […]
WPI inflation reaches a record 7.4%
Economists expect further rise in wholesale prices, partial transmission in CPI inflation Inflation based on the Wholesale Price Index (WPI) rose to a record 7.4% […]
IL&FS increases debt collection target to ₹ 5,000 crore
The board and management of the scandal-ridden IL&FS has raised its estimates of gross debt collection by FY22 to ₹ 5,000 crore, up from the […]
NMDC increases iron ore prices
NMDC Ltd. Has imposed a fine of 1, 1,100 per ton of lumps and ines 500 in iron ore prices. This is the second increase […]