LIC’s Q4 Results: In the same period last fiscal, the company’s net profit was Rs 13,191 crore. Total Premium Income for FY ending March 31, 2024, stood at Rs 4,75,070 …
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Adani Group reportedly set to venture into UPI, digital payments, and credit card services.
by smtfinby smtfinThe report claimed that Adani Group will activate services on their consumer app, Adani One, launched in 2022, upon finalization of these developments. Reportedly, Gautam Adani-led Adani Group could venture …
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Paytm General Insurance, headquartered in Noida, retracts its application with Irdai.
by smtfinby smtfinThe company will shift its focus from producing insurance products to emphasizing its insurance distribution portfolio. Paytm General Insurance Limited (PGIL), affiliated with One97 Communications, has retracted its application for …
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Reliance Industries Ltd., led by Billionaire Mukesh Ambani, is expanding into Africa through NGIC, a Ghanaian telecoms firm offering 5G broadband, with strategic alliances including Nokia, Tech Mahindra, and Microsoft. …
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Sebi stated that the AV must be factual, non-repetitive, non-promotional, and not misleading. Sebi mandates IPO-Introducing Firms to publish 10-minute videos for investor awareness. The aim is to simplify understanding …
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Jio Financial Services seeks shareholder nod for its unit to buy telecom gear worth Rs 36,000 crore from Reliance Retail, marking its debut in device leasing. JFS’s subsidiary, Jio Leasing …
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Maruti Suzuki plans to establish 25,000 electric vehicle (EV) charging stations in preparation for the launch of its eVX model
As Maruti Suzuki India gears up for the launch of its first electric vehicle, the midsize SUV known as the Concept eVX, the company is …
Vodafone Idea share price plummets 15% after the Supreme Court dismisses telecom companies’ plea for re-computation of AGR dues
Vodafone Idea shares faced a sharp 15% decline, hitting the lower circuit after the Supreme Court of India dismissed telecom companies’ plea for the re-computation …
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Market News
Google removes well-known Indian apps like Naukri and Shaadi from playstore amid dispute over payments system
by adminby adminDevelopers experience significant setbacks to their business during the downtime. Google’s Android platform holds over 90% of the Indian market.
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Business
Delhi court instructs Bloomberg to take down an article deemed ‘defamatory’ towards Zee
by adminby adminThe Delhi Sessions Court instructed Bloomberg Television Production Services India to take down a false and defamatory article targeting Zee Entertainment Enterprises. The article alleged …
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Business
Tata Group plans to construct India’s first Indigenous Semiconductor Assembly and Test Facility in Assam
by adminby adminAn investment of INR 27,000 crore in a new facility in Assam will focus on assembling and testing semiconductor chips for various applications, including automotive, …
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World News
Bumble, the dating app, let go of hundreds of employees,here is the reason behind the layoffs
by adminby adminBumble, the dating app, intends to cut around 37% of its staff, roughly 350 employees, citing a downturn in revenue and user spending during the …
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Banking
Yes Bank is considering acquiring the merchant accounts of Paytm Payments Bank
by adminby adminCEO Prashant Kumar mentioned that if the bank manages to acquire these merchants, they will undergo a thorough KYC compliance process.
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Business
Reliance Consumer collaborates with Sri Lanka’s Elephant House to strengthen competition against Coke & Pepsi
by adminby adminReliance’s FMCG arm, RCPL, teams up with Sri Lanka’s Elephant House, owned by Ceylon Cold Stores PLC, to launch a variety of beverages in India, …
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Market News
Bitcoin surpasses $60,000, marking its strongest monthly rally since December 2020
by adminby adminDuring today’s trading session, Bitcoin reached a peak of $60,131, marking a 6% increase from the previous day. This price was the highest since November …
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Market News
Reliance and Disney join forces to establish a media powerhouse worth $8.5 billion
by adminby adminReliance Industries, Viacom 18, and Disney combine Viacom18 and Star India to form a joint venture worth Rs 70,352 crore ($8.5 billion). The JV aims …
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Starting March 28, 2024, Shriram Finance will take UPL’s place in the NSE’s Nifty 50 Index. Additionally, adjustments were made to the Nifty Next 50, …
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Business
Hind Rectifiers shares hit upper circuit after securing order from Indian Railways
by adminby adminThe stock surged following the power electronics and railway transportation equipment manufacturer securing orders worth over Rs 200 crore from the Indian Railways.