Bank of Rajasthan insider trading case: SAT dismisses appeals against Sebi order

Sebi's whole-time member, in 2017, had barred seven entities from the securities market for five years and directed them to disgorge Rs 95 lakh that they gained through insider trading in the Bank.

published on : 2nd August 2021

Chennai police make breakthrough in phone fraud case, nab two middlemen in Delhi

Police sources said that telephone scammers had posed as bank staff and sought details of credit cards and OTPs from Govindraj in the name of offering gifts

published on : 2nd August 2021

Unacademy raises USD 440 million funding, valued at $3.44 bilion

The development indicates strong investor interest in the edtech space that has gained immensely from rapid digital adoption, especially during the pandemic.

published on : 2nd August 2021

Sensex jumps over 300 pts in early trade; Nifty tops 15,850

Titan was the top gainer in the Sensex pack, rising around 2 per cent, followed by Axis Bank, Bharti Airtel, HDFC, Maruti, Bajaj Finserv, Infosys and Reliance Industries.

published on : 2nd August 2021

Unacademy raises USD 440 million in fresh funding, currently at USD 3.44 billion valuation

Over the last 18 months, the valuation of the Unacademy Group has risen almost 10X, one of the fastest growth rates witnessed by a mid-stage consumer internet startup in India, the statement said.

published on : 2nd August 2021

Telangana cabinet forms sub-committee for orphanages

The State government should go to their rescue as they might be subjected to social discrimination and help them until they stand on their own feet, opined the Cabinet.

published on : 2nd August 2021

Public sector banks mobilise record fund of Rs 58,700 crore from markets in fiscal year 2020-21

Punjab National Bank mobilised Rs 3,788 crore through share sale on private placement basis during the financial year ended March 31, 2021.

published on : 1st August 2021

Indian Oil Q1 net profit jumps over three-fold to Rs 5,941 crore

This profit, however, was lower by 32% compared to the preceding quarter due to the impact the second wave lockdowns had on mobility.

published on : 31st July 2021

Bank credit growth falls further, industrial credit growth slips back into negative zone in June

Latest RBI data show credit growth of scheduled commercial banks declined to 5.8% in June against 6.2% a year ago.

published on : 31st July 2021

‘Fish Andhra’ brand: Bank of Baroda supports Andhra Pradesh government in setting up 100 aqua hubs

Under the project, 100 aqua hubs would be set up and around 14,000 outlets of different sizes and nature would be set up across the State in a hub and spokes model.

published on : 31st July 2021

IBC the best bet for timely and effective resolution

The IBC has ushered in a new era of insolvency in India and put the nation on the map of insolvency jurisprudence in line with the global best practices.

published on : 31st July 2021

Kerala to amend coop societies act to check Karuvannur-model frauds

The state government has decided to amend the Kerala Cooperative Societies Act of 1969 to add more teeth to prevent malpractices in cooperative societies.

published on : 30th July 2021

Kerala CM Pinarayi Vijayan calls for more support from banks to ride over Covid crisis

The unconditional moratorium should be in effect until 31 December 2021. The CM asked the bankers to raise the issue with the RBI.

published on : 29th July 2021

Israel investigating death of Palestinian boy shot by troops

The military said that soldiers fired at a car that failed to stop at a checkpoint after they fired warning shots.

published on : 29th July 2021

MP HC orders SBI to pay Rs 2 lakh to woman for inhuman approach in case of appointment on compassionate grounds

Expressing anguish over the bank management's style of working, the court noted that the petitioner had to work as a domestic help for the survival of her sons and herself.

published on : 28th July 2021
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