The story of the “Chinese man wins” office party lottery in Shenzhen, China, has gone viral on social media. The company will discuss if he wants extended leave or cash …
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Upstox, a wealth management platform backed by Ratan Tata, ventures into insurance distribution.
by smtfinby smtfinUpstox, in its insurance debut, names HDFC Life as its inaugural partner, showcasing term insurance plans. Today, May 21, Upstox, a wealth management platform, unveiled its entry into the insurance …
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A report by Union Bank of India suggests that the Reserve Bank of India (RBI) is likely to transfer approximately Rs 1 lakh crore to govt in FY25, indicating a …
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Tata Motors Group boosts FY25 investment plan by Rs 43,000 crore, with a significant portion allocated to THIS luxury brand.
by smtfinby smtfinAt the earnings conference, Tata Motors Group CFO PB Balaji mentioned that JLR’s investment concluded at 3.3 billion pounds (over Rs 33,000 crore), while Tata Motors invested over Rs 8,200 …
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Post 2024 Lok Sabha elections, Jio and Airtel are expected to increase prices. Here’s what we know.
by smtfinby smtfinAccording to Antique Stock Broking, Airtel and Jio, among major telecom operators, are anticipated to increase tariff rates after the 2024 Lok Sabha elections. Analysts forecast a 15 to 17 …
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Vodafone Idea CEO states government dues for FY27 could be converted into equity.
by smtfinby smtfinIn FY26, the company’s dues will amount to approximately Rs 30,000 crore, with nearly Rs 28,000 crore owed to the government as AGR dues. Vodafone Idea Ltd. aims to convert …
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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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Sources familiar with the matter, who requested anonymity, revealed that SEBI’s probe into the Zee founders uncovered potential diversion of around 20 billion rupees ($241 …
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Market News
Mitsubishi plans a return to India by acquiring a 30 percent stake in TVS Mobility!
by adminby adminThe Japanese brand has teamed up with TVS VMS, a major multi-brand dealer in India.
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Company
Vibhor Steel makes an impressive debut, listing over 181% higher than the issue price
by adminby adminVibhor Steel Tubes IPO received overwhelming demand, oversubscribed 320 times. The current grey market premium stands at Rs 140, suggesting a listing gain of over …
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The market capitalization of India’s largest business conglomerate, at $365 billion or about ₹30.3 lakh crore, surpasses the estimated GDP of Pakistan by the International …
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Banking
LIC receives a tax refund of Rs 21,741 crore from the Income Tax department; ₹3,700 crore pending
by adminby adminThe Life Insurance Corporation (LIC) has received more than Rs 21,740 crore in refunds from the income-tax department, with an extra Rs 3,700 crore still …
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Company
Adani Realty secures ₹30,000 crore contract for Bandra Reclamation redevelopment in Mumbai
by adminby adminAdani Realty chosen as top bidder for Bandra Reclamation redevelopment, proposing 22.79% revenue share to MSRDC, surpassing Larsen and Toubro. Approval pending.
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Business
Paytm collaborates with Axis Bank to handle merchant payments amid RBI’s actions on payments banks
by adminby adminThe RBI has extended the deadline until March 15 for Paytm Payments Bank to cease operations and for account holders to transfer their funds to …
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The valuation of the AI startup tripled in under 10 months.
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Company
Bajaj Auto schedules February 29 as record date for Rs 4,000 crore share buyback
by adminby adminBajaj Auto plans to repurchase 40 lakh fully paid-up equity shares at Rs 10,000 per share, with a total buyback limit of Rs 4,000 crore.
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Company
SpiceJet’s CMD Ajay Singh teams up with Easy Trip founder Nishant Pitti to make a bid for Go First
by adminby adminSpiceJet’s CMD Ajay Singh and Busy Bee Airways, mainly owned by EaseMyTrip CEO Nishant Pitti, have jointly bid for GoFirst airlines.