HDFC intends to raise Rs 57,000 crore through private placement ahead of the merger with HDFC Bank

HDFC intends to raise Rs 57,000 crore through private placement ahead of the merger with HDFC Bank

The merger of HDFC and HDFC Bank is expected to boost opportunities for growth for the merged group. The board of the largest mortgage lender Housing Development Finance Corporation (HDFC) has authorized the raising of an additional Rs 57,000...

EPFO Plans to Discuss Delayed Crediting of Interest Rates and Higher Pension Option

EPFO Plans to Discuss Delayed Crediting of Interest Rates and Higher Pension Option

The 233rd meeting of the Central Board of Trustees (CBT) of the retirement fund organization will take place on March 27-28 to discuss various topics such as the interest rate for the financial year 2022-23, a pension option linked to actual...

LIC intends to record Rs 2.4 tn investments next fiscal

LIC intends to record Rs 2.4 tn investments next fiscal

Life Insurance Corp. of India (LIC), the country’s largest investor, plans to invest a record Rs 2.4 trillion across markets, including shares of locally traded companies, in the year starting 1 April, according to two people directly...

Venkatachari Srikanth Has Been Appointed As the New CFO of Reliance Industries

Venkatachari Srikanth Has Been Appointed As the New CFO of Reliance Industries

Chief Financial Officer (CFO) effective June 1, 2023. Reliance Industries said in a regulatory filing on Friday that current CFO Alok Agarwal will take on the new job of Senior Adviser to the Chairman and Managing Director of the Company, where he...

North-Eastern States Can Be Leaders in Renewable Energy Growth, Says OTPC MD

North-Eastern States Can Be Leaders in Renewable Energy Growth, Says OTPC MD

At the Milaap, the third edition of OTPC's annual thought leadership conclave, Sanil C. Namboodiripad, the Managing Director of ONGC Tripura Power Company Ltd (OTPC), emphasized the importance of updating the conventional energy scheme to...

FM Nirmala Sitharaman to transfer The Finance Bill, 2023 in Lok Sabha

FM Nirmala Sitharaman to transfer The Finance Bill, 2023 in Lok Sabha

Union Finance Minister Nirmala Sitharaman on 24 March will transfer The Finance Bill, 2023 in Lok Sabha to give effect to the financial proposals of the Central Government for the fiscal year 2023-2024 be taken into consideration. Earlier the Lok...

6G - The Future Of Connectivity

6G - The Future Of Connectivity

6G technology is planned to grow as a new generation of the global mobile standard in the next few years, adding new capabilities to 5G and 4G/LTE services. Firstly, the growing need for 6G connectivity across industries, as well as a focus on...

How is India Transforming into a Driving Force for Multinational Corporations to Achieve Growth?

How is India Transforming into a Driving Force for Multinational Corporations to Achieve Growth?

India's rise as a global economic powerhouse has been remarkable, with its fast-growing market attracting many multinational corporations seeking to tap into its vast consumer base and skilled workforce. The country's growing middle class,...

Nine states might just have nominal growth rates higher than the country's 10.5%

Nine states might just have nominal growth rates higher than the country's 10.5%

According to an examination of budgets from 17 larger states that account for roughly 90% of the country's GDP, nine states expect growth rates higher than the 10.5% expected for the country in 2023-24. (GDP).  The average nominal...

New Business: New and successful business ideas

New Business: New and successful business ideas

I’m sure starting a business of your own has sometimes or the other crossed your mind. You must have imagined the freedom & creative liberty that comes with opening your own business. Additionally, you can feel inadequate in your...

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