The Indian state bank (SBI), the largest public sector lender in the country, December 30 announced the acquisition of 9.95 percent in India Exchange International (IFSC). In the submission of regulations, SBI said 9.95 percent of the shares in IFSC were “to obtain submit to the maximum investment of RS. […]
Reliance New Energy Solar acquires 100% stake in Faradion Limited
Energy Reliance Industries, Reliance New Energy Limited (RNESL), has signed a definitive agreement to acquire 100% shares in Faradion limited to 100 million pounds (more than 10 billion rupees), Indian conglomerate said on December 31. “Reliance New Energy Solar Limited (RNESL), a company that is fully owned by the company, […]
Covid: RBI extends relaxation on periodic updation of KYC till March
Reserve Bank of India (RBI) on December 30 extend relaxation given to the bank in a bank account where periodic updates from your customer’s norm (KYC) are due. Relaxation has been extended until March, 31, 2022 considering the covid situation. RBI has now asked the bank not to impose restrictions […]
Optimus Pharma launches COVID-19 drug Molnupiravir, check price and other details here
New Delhi: Optimus Pharma on Thursday (December 30, 2021) launched Molnupiravir Anti-Covid Pill, for limited use in emergency situations, in Hyderabad. Molnupiravir is an antivirus that inhibits SARS-COV-2 replication by the mutagenesis virus. The tablet is authorized for anyone aged 18 or more. After someone was tested positive for Covid-19, […]
Cryptocurrency Prices Today on December 29: Tepid markets as Bitcoin, Ethereum, Litecoin fall
The global Crypto market capitalization fell 4.16 percent over the last 24 hours to $ 2.25 trillion while trading volume rose 19.03 percent to $ 103.21 billion. While defi ($ 19.05 billion) accounted for 18.46 percent of trading volume, stablecoinin ($ 81.57 billion) was made 79.03 percent of this volume. […]
Apple’s Move On Supplier Foxconn’s Tamil Nadu Unit In Food Poisoning Row
The Apple Supplier Foxconn Technology Group today said he was restructuring the local management team, after the incidence of mass food poisoning was recently at the Offsite Dormitory Facility Offsite of the Tamil Nadu Sriperumbudur Factory. A spokesman Apple said the Foxconn Sriperumbudur facility was placed in a trial period. […]
11,500 Flights Cancelled Worldwide Since Friday Amid Record Covid Surge
New York: Chaos of global travel whose Christmas weekend seizures became Monday with the cancellation of major aviation which had an impact on millions who returned from the holiday break, because the Covid-19 case surged to record levels in Europe and several US states. About 11,500 flights have been removed […]
CMS Info Systems IPO share allotment today. Check out allotment status online, latest grey market premium, listing date
The largest cash management company in India, CMS Info System, is expected to complete the basis for freezing the current shares, after becoming the 65th and final company to launch initial public offering in 2021. Maiden’s public problems witnessed a warm response from investors because of the subscription of only […]
Trade Spotlight | What should you do with Smartlink Holdings, HCL Tech, Mindteck, and L&T Finance Holdings?
The market took a breath after a three-day rally and closed with moderate losses on December 24 because selling pressure was seen in all sectors, except. Nifty50 managed to maintain an important sign of 17,000, closing nearly 70 points at 17.004, while BSE Sensex fell by almost 200 points to […]
HDFC Securities picks these 10 stocks for 2022
We are in the last week of 2021 and the market has given a refund of around 20 percent this year amid a mixed central signal, including profitable central bank policies throughout the world, continuing FIIS sells in the midst of omicron-related developments, while the speed of vaccination and less […]