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Table of Contents Adani Group pledges stake worth USD 13 bn in Ambuja Cements and ACC CBI arrests ABG Shipyard founder-chairman Rishi Agrawal in over Rs 22,000 crore bank fraud case Wipro fires 300 employees for 'moonlighting' DoT proposes fee, penalty waiver under new telecom rules Rupee slumps 51 paise to all-time low of 80.47 against US dollar Markets continue to trade weak; Sensex falls nearly 484 points in early trade Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Adani Group pledges stake worth USD 13 bn in Ambuja Cements and ACC CBI arrests ABG Shipyard founder-chairman Rishi Agrawal in over Rs 22,000 crore bank fraud case Wipro fires 300 employees for 'moonlighting' DoT proposes fee, penalty waiver under new telecom rules Rupee slumps 51 paise to all-time low of 80.47 against US dollar Markets continue to trade weak; Sensex falls nearly 484 points in early trade Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List CBI arrests ABG Shipyard founder-chairman Rishi Agrawal in over Rs 22,000 crore bank fraud case Wipro fires 300 employees for 'moonlighting' DoT proposes fee, penalty waiver under new telecom rules Rupee slumps 51 paise to all-time low of 80.47 against US dollar Markets continue to trade weak; Sensex falls nearly 484 points in early trade Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Reliance Industries' green energy arm to acquire 20 per cent of US-based solar firm Caelux DoT proposes fee, penalty waiver under new telecom rules Rupee slumps 51 paise to all-time low of 80.47 against US dollar Markets continue to trade weak; Sensex falls nearly 484 points in early trade Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Reliance Industries' green energy arm to acquire 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss How technology is boosting supply chain dynamics? Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss How technology is boosting supply chain dynamics? Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms India 'stalled' during UPA-era, says NR Narayana Murthy, co-founder, Infosys Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms India 'stalled' during UPA-era, says NR Narayana Murthy, co-founder, Infosys Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Rupee opens at record low for first time, breaches 81- mark against US dollar Markets continue to remain weak tracking bearish global trends Tata Steel board approves merger of six subsidiary companies Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Indian stocks slump on global monetary policy tightening; Rupee at new low New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms India 'stalled' during UPA-era, says NR Narayana Murthy, co-founder, Infosys

Adani Group pledges stake worth USD 13 bn in Ambuja Cements and ACC Wednesday 21 September 2022 05:50 AM UTC+00 The Adani Group has pledged its entire stake worth USD 13 billion in Ambuja Cements and ACC, days after completing its USD 6.5 billion acquisition of the two companies.

CBI arrests ABG Shipyard founder-chairman Rishi Agrawal in over Rs 22,000 crore bank fraud case Wednesday 21 September 2022 01:10 PM UTC+00 ABG Shipyard founder bank fraud case: The Central Bureau of Investigation (CBI) on Wednesday arrested Rishi Kamlesh Agrawal, Chairman and Managing Director of Surat-based ABG Shipyard in over Rs 22,000 crore bank fraud case, PTI quoted officials as saying.

Wipro fires 300 employees for 'moonlighting' Wednesday 21 September 2022 01:39 PM UTC+00 Wipro Ltd has sacked some 300 employees for 'moonlighting' as the IT services firm toughens its stand against staffers taking a second job after work hours.

DoT proposes fee, penalty waiver under new telecom rules Thursday 22 September 2022 01:50 AM UTC+00 The government on Wednesday released the draft Indian Telecommunication Bill, 2022, under which it has proposed a provision to waive off fees and penalties of telecom and internet service providers.

Rupee slumps 51 paise to all-time low of 80.47 against US dollar Thursday 22 September 2022 05:23 AM UTC+00 The rupee depreciated 51 paise to an all-time low of 80.47 against the US dollar in early trade on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. At the interbank foreign exchange, the local currency was trading at 80.47 against the dollar, down 51 paise from its previous close. The rupee opened at 80.27 and touched a record low of 80.47 a dollar in initial deals.

Markets continue to trade weak; Sensex falls nearly 484 points in early trade Thursday 22 September 2022 05:35 AM UTC+00 Equity indices began the trade on a bearish note on Thursday, mirroring weak global market trends after the US Fed's interest rate hike. The 30-share BSE Sensex fell 483.71 points to 58,973.07 in initial trade. The NSE Nifty went lower by 137.95 points to 17,580.40. Among the 30-share Sensex pack, Bajaj Finserv, HDFC, Wipro, HDFC Bank, Tech Mahindra, HCL Technologies, Power Grid and ICICI Bank were the major laggards. ITC, Maruti, IndusInd Bank and Hindustan Unilever were among the gainers in early trade.

Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar Thursday 22 September 2022 11:13 AM UTC+00 The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments.

RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount Thursday 22 September 2022 01:15 PM UTC+00 Maharashtra's Laxmi Co-operative Bank news: The Reserve Bank of India (RBI) on Thursday (September 22) cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited. The central bank has cancelled the co-operative bank's license as it does not have adequate capital and earning prospects.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Adani Group pledges stake worth USD 13 bn in Ambuja Cements and ACC Wednesday 21 September 2022 05:50 AM UTC+00 The Adani Group has pledged its entire stake worth USD 13 billion in Ambuja Cements and ACC, days after completing its USD 6.5 billion acquisition of the two companies.

CBI arrests ABG Shipyard founder-chairman Rishi Agrawal in over Rs 22,000 crore bank fraud case Wednesday 21 September 2022 01:10 PM UTC+00 ABG Shipyard founder bank fraud case: The Central Bureau of Investigation (CBI) on Wednesday arrested Rishi Kamlesh Agrawal, Chairman and Managing Director of Surat-based ABG Shipyard in over Rs 22,000 crore bank fraud case, PTI quoted officials as saying.

Wipro fires 300 employees for 'moonlighting' Wednesday 21 September 2022 01:39 PM UTC+00 Wipro Ltd has sacked some 300 employees for 'moonlighting' as the IT services firm toughens its stand against staffers taking a second job after work hours.

DoT proposes fee, penalty waiver under new telecom rules Thursday 22 September 2022 01:50 AM UTC+00 The government on Wednesday released the draft Indian Telecommunication Bill, 2022, under which it has proposed a provision to waive off fees and penalties of telecom and internet service providers.

Rupee slumps 51 paise to all-time low of 80.47 against US dollar Thursday 22 September 2022 05:23 AM UTC+00 The rupee depreciated 51 paise to an all-time low of 80.47 against the US dollar in early trade on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. At the interbank foreign exchange, the local currency was trading at 80.47 against the dollar, down 51 paise from its previous close. The rupee opened at 80.27 and touched a record low of 80.47 a dollar in initial deals.

Markets continue to trade weak; Sensex falls nearly 484 points in early trade Thursday 22 September 2022 05:35 AM UTC+00 Equity indices began the trade on a bearish note on Thursday, mirroring weak global market trends after the US Fed's interest rate hike. The 30-share BSE Sensex fell 483.71 points to 58,973.07 in initial trade. The NSE Nifty went lower by 137.95 points to 17,580.40. Among the 30-share Sensex pack, Bajaj Finserv, HDFC, Wipro, HDFC Bank, Tech Mahindra, HCL Technologies, Power Grid and ICICI Bank were the major laggards. ITC, Maruti, IndusInd Bank and Hindustan Unilever were among the gainers in early trade.

Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar Thursday 22 September 2022 11:13 AM UTC+00 The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments.

RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount Thursday 22 September 2022 01:15 PM UTC+00 Maharashtra's Laxmi Co-operative Bank news: The Reserve Bank of India (RBI) on Thursday (September 22) cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited. The central bank has cancelled the co-operative bank's license as it does not have adequate capital and earning prospects.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

CBI arrests ABG Shipyard founder-chairman Rishi Agrawal in over Rs 22,000 crore bank fraud case Wednesday 21 September 2022 01:10 PM UTC+00 ABG Shipyard founder bank fraud case: The Central Bureau of Investigation (CBI) on Wednesday arrested Rishi Kamlesh Agrawal, Chairman and Managing Director of Surat-based ABG Shipyard in over Rs 22,000 crore bank fraud case, PTI quoted officials as saying.

Wipro fires 300 employees for 'moonlighting' Wednesday 21 September 2022 01:39 PM UTC+00 Wipro Ltd has sacked some 300 employees for 'moonlighting' as the IT services firm toughens its stand against staffers taking a second job after work hours.

DoT proposes fee, penalty waiver under new telecom rules Thursday 22 September 2022 01:50 AM UTC+00 The government on Wednesday released the draft Indian Telecommunication Bill, 2022, under which it has proposed a provision to waive off fees and penalties of telecom and internet service providers.

Rupee slumps 51 paise to all-time low of 80.47 against US dollar Thursday 22 September 2022 05:23 AM UTC+00 The rupee depreciated 51 paise to an all-time low of 80.47 against the US dollar in early trade on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. At the interbank foreign exchange, the local currency was trading at 80.47 against the dollar, down 51 paise from its previous close. The rupee opened at 80.27 and touched a record low of 80.47 a dollar in initial deals.

Markets continue to trade weak; Sensex falls nearly 484 points in early trade Thursday 22 September 2022 05:35 AM UTC+00 Equity indices began the trade on a bearish note on Thursday, mirroring weak global market trends after the US Fed's interest rate hike. The 30-share BSE Sensex fell 483.71 points to 58,973.07 in initial trade. The NSE Nifty went lower by 137.95 points to 17,580.40. Among the 30-share Sensex pack, Bajaj Finserv, HDFC, Wipro, HDFC Bank, Tech Mahindra, HCL Technologies, Power Grid and ICICI Bank were the major laggards. ITC, Maruti, IndusInd Bank and Hindustan Unilever were among the gainers in early trade.

Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar Thursday 22 September 2022 11:13 AM UTC+00 The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments.

RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount Thursday 22 September 2022 01:15 PM UTC+00 Maharashtra's Laxmi Co-operative Bank news: The Reserve Bank of India (RBI) on Thursday (September 22) cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited. The central bank has cancelled the co-operative bank's license as it does not have adequate capital and earning prospects.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Reliance Industries' green energy arm to acquire 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

DoT proposes fee, penalty waiver under new telecom rules Thursday 22 September 2022 01:50 AM UTC+00 The government on Wednesday released the draft Indian Telecommunication Bill, 2022, under which it has proposed a provision to waive off fees and penalties of telecom and internet service providers.

Rupee slumps 51 paise to all-time low of 80.47 against US dollar Thursday 22 September 2022 05:23 AM UTC+00 The rupee depreciated 51 paise to an all-time low of 80.47 against the US dollar in early trade on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. At the interbank foreign exchange, the local currency was trading at 80.47 against the dollar, down 51 paise from its previous close. The rupee opened at 80.27 and touched a record low of 80.47 a dollar in initial deals.

Markets continue to trade weak; Sensex falls nearly 484 points in early trade Thursday 22 September 2022 05:35 AM UTC+00 Equity indices began the trade on a bearish note on Thursday, mirroring weak global market trends after the US Fed's interest rate hike. The 30-share BSE Sensex fell 483.71 points to 58,973.07 in initial trade. The NSE Nifty went lower by 137.95 points to 17,580.40. Among the 30-share Sensex pack, Bajaj Finserv, HDFC, Wipro, HDFC Bank, Tech Mahindra, HCL Technologies, Power Grid and ICICI Bank were the major laggards. ITC, Maruti, IndusInd Bank and Hindustan Unilever were among the gainers in early trade.

Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar Thursday 22 September 2022 11:13 AM UTC+00 The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments.

RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount Thursday 22 September 2022 01:15 PM UTC+00 Maharashtra's Laxmi Co-operative Bank news: The Reserve Bank of India (RBI) on Thursday (September 22) cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited. The central bank has cancelled the co-operative bank's license as it does not have adequate capital and earning prospects.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Reliance Industries' green energy arm to acquire 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount Thursday 22 September 2022 01:15 PM UTC+00 Maharashtra's Laxmi Co-operative Bank news: The Reserve Bank of India (RBI) on Thursday (September 22) cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited. The central bank has cancelled the co-operative bank's license as it does not have adequate capital and earning prospects.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

RBI cancels license of Maharashtra's Laxmi Co-operative Bank, depositers can claim up to THIS much amount Thursday 22 September 2022 01:15 PM UTC+00 Maharashtra's Laxmi Co-operative Bank news: The Reserve Bank of India (RBI) on Thursday (September 22) cancelled the licence of Maharashtra's Laxmi Co-operative Bank Limited. The central bank has cancelled the co-operative bank's license as it does not have adequate capital and earning prospects.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Friday 23 September 2022 12:36 PM UTC+00 The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee breached the 81-mark against the US dollar in intra-day trade for the first time ever, adding to the negative sentiment.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Meet Neha Narkhede, youngest 'self-made' woman entrepreneur on India Rich List Thursday 22 September 2022 01:35 PM UTC+00 The IIFL Wealth Hurun India Rich List 2022 released on Wednesday that Neha Narkhede, the co-founder of streaming data technology company Confluent, has been named the youngest self-made woman entrepreneur on the list of wealthy individuals. Neha Narkhede grew up in Pune, Maharashtra, and went to the Georgia Institute of Technology to study Computer Science.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Friday 23 September 2022 12:36 PM UTC+00 The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee breached the 81-mark against the US dollar in intra-day trade for the first time ever, adding to the negative sentiment.

How technology is boosting supply chain dynamics? Thursday 22 September 2022 01:22 PM UTC+00 For decades, India's logistics industry has been extremely fragmented due to low entry barriers and its large size. Additionally, minimal use of technology and process innovation made its entire supply chain inefficient.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Friday 23 September 2022 12:36 PM UTC+00 The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee breached the 81-mark against the US dollar in intra-day trade for the first time ever, adding to the negative sentiment.

Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms Friday 23 September 2022 05:07 PM UTC+00 Sebi on Friday levied fines totalling Rs 23 lakh on three entities for violating open offer and disclosure lapses in the matter of Rammaica India Ltd. The regulator imposed a fine of Rs 17 lakh on Tien Trading Pvt Ltd, Rs 4 lakh on Artlink Vintrade Ltd and Rs 2 lakh on Kyner Trading Pvt Ltd, according to a Sebi order.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Friday 23 September 2022 12:36 PM UTC+00 The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee breached the 81-mark against the US dollar in intra-day trade for the first time ever, adding to the negative sentiment.

Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms Friday 23 September 2022 05:07 PM UTC+00 Sebi on Friday levied fines totalling Rs 23 lakh on three entities for violating open offer and disclosure lapses in the matter of Rammaica India Ltd. The regulator imposed a fine of Rs 17 lakh on Tien Trading Pvt Ltd, Rs 4 lakh on Artlink Vintrade Ltd and Rs 2 lakh on Kyner Trading Pvt Ltd, according to a Sebi order.

India 'stalled' during UPA-era, says NR Narayana Murthy, co-founder, Infosys Friday 23 September 2022 05:58 PM UTC+00 NR Narayana Murthy, co-founder of IT giant Infosys, on Friday lamented that economic activities in India were "stalled" and decisions were not taken by the Manmohan Singh government in time in the Congress-led UPA-era.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Friday 23 September 2022 12:36 PM UTC+00 The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee breached the 81-mark against the US dollar in intra-day trade for the first time ever, adding to the negative sentiment.

Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms Friday 23 September 2022 05:07 PM UTC+00 Sebi on Friday levied fines totalling Rs 23 lakh on three entities for violating open offer and disclosure lapses in the matter of Rammaica India Ltd. The regulator imposed a fine of Rs 17 lakh on Tien Trading Pvt Ltd, Rs 4 lakh on Artlink Vintrade Ltd and Rs 2 lakh on Kyner Trading Pvt Ltd, according to a Sebi order.

India 'stalled' during UPA-era, says NR Narayana Murthy, co-founder, Infosys Friday 23 September 2022 05:58 PM UTC+00 NR Narayana Murthy, co-founder of IT giant Infosys, on Friday lamented that economic activities in India were "stalled" and decisions were not taken by the Manmohan Singh government in time in the Congress-led UPA-era.

Reliance Industries' green energy arm acquires 20 per cent of US-based solar firm Caelux Friday 23 September 2022 04:02 AM UTC+00 Reliance Industries news: Reliance New Energy, a wholly owned subsidiary of Reliance Industries, has signed agreements to invest in the US-based perovskite-based solar technology company Caelux Corporation. Caelux is in the research and development of perovskite-based solar technology.

Rupee opens at record low for first time, breaches 81- mark against US dollar Friday 23 September 2022 05:25 AM UTC+00 The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong American currency and risk-off sentiment among investors. Forex traders said the escalation of geopolitical risk in Ukraine and rate hikes by the US Fed and Bank of England in a bid to contain inflation sapped risk appetite.

Markets continue to remain weak tracking bearish global trends Friday 23 September 2022 05:42 AM UTC+00 Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42 in the initial trade. The NSE Nifty fell by 90.8 points to 17,539. Among the 30-share Sensex pack, Power Grid, IndusInd Bank, HDFC, Mahindra & Mahindra, and Axis Bank were the major laggards in early trade.

Tata Steel board approves merger of six subsidiary companies Friday 23 September 2022 06:59 AM UTC+00 Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel," the statement issued by Tata Steel said.

Mahindra Finance faces RBI's tough action days after Hazaribagh mishap Friday 23 September 2022 07:41 AM UTC+00 Mahindra Finance News: The Reserve Bank of India (RBI) has barred Mahindra Finance from using services of third-party agents for loan recovery. The action comes days after a pregnant woman was crushed to death after recovery agents forcibly took away a tractor in Jharkhand's Hazaribagh.

Indian stocks slump on global monetary policy tightening; Rupee at new low Friday 23 September 2022 07:48 AM UTC+00 Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation. At 10.05 am, Sensex and Nifty traded in the 0.8-0.9 per cent range. Further tightening of monetary policy in the US essentially means that investors will have a tendency to move to the US markets for better and stable returns.

New telecom bill likely to be in place in 6-10 months: Aswini Vaishnaw Friday 23 September 2022 08:51 AM UTC+00 The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill.

Sensex sinks 1,020 points as rate hikes trigger global sell-off; posts weekly loss Friday 23 September 2022 12:36 PM UTC+00 The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee breached the 81-mark against the US dollar in intra-day trade for the first time ever, adding to the negative sentiment.

Sebi levies Rs 23 lakh fine on 3 entities for violating open offer norms Friday 23 September 2022 05:07 PM UTC+00 Sebi on Friday levied fines totalling Rs 23 lakh on three entities for violating open offer and disclosure lapses in the matter of Rammaica India Ltd. The regulator imposed a fine of Rs 17 lakh on Tien Trading Pvt Ltd, Rs 4 lakh on Artlink Vintrade Ltd and Rs 2 lakh on Kyner Trading Pvt Ltd, according to a Sebi order.

India 'stalled' during UPA-era, says NR Narayana Murthy, co-founder, Infosys Friday 23 September 2022 05:58 PM UTC+00 NR Narayana Murthy, co-founder of IT giant Infosys, on Friday lamented that economic activities in India were "stalled" and decisions were not taken by the Manmohan Singh government in time in the Congress-led UPA-era.

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