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IndiaTV Business: Google News Feed: Digest for February 20, 2023

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Who is Neal Mohan - new YouTube CEO

Friday 17 February 2023 07:02 AM UTC+00
Neal Mohan, an Indian-American, will take over as CEO of YouTube replacing current CEO Susan Wojcicki who announced her resignation after 25 years at the Google-owned company. Mohan, the company's current chief product officer, joined Google, YouTube's parent company, in 2008. He graduated from Stanford and previously worked for Microsoft. Mohan and Wojcicki have been colleagues for nearly 15 years.
The Reserve Bank of India (RBI) has introduced new changes in NEFT and RTGS systems for Foreign Contribution (Regulation) Act (FCRA) related transactions. This comes after the Home Ministry mandated State Bank of India (SBI) to report all overseas donors' details, including the purpose of remittances, on a daily basis. According to the FCRA, all foreign contributions should be received only in the "FCRA account" of SBI, New Delhi Main Branch (NDMB). Contributions to the FCRA are received directly from foreign banks through SWIFT and through Indian intermediary banks through the NEFT and RTGS systems.
Home Loan Rates: The Reserve Bank of India decided to raise the Repo Rate by 25 basis points on February 8, prompting many banks to raise interest rates on personal, car, and home loans. As a result, banks such as Bank of Baroda, PNB, and SBI raised their loan interest rates.
As of February 17, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decrease of 3.32% and was trading at $24250. Meanwhile, Ethereum had a decline of 2.72% and was trading at approximately $1,691.88.
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.

Who is Neal Mohan - new YouTube CEO

Friday 17 February 2023 07:02 AM UTC+00
Neal Mohan, an Indian-American, will take over as CEO of YouTube replacing current CEO Susan Wojcicki who announced her resignation after 25 years at the Google-owned company. Mohan, the company's current chief product officer, joined Google, YouTube's parent company, in 2008. He graduated from Stanford and previously worked for Microsoft. Mohan and Wojcicki have been colleagues for nearly 15 years.
The Reserve Bank of India (RBI) has introduced new changes in NEFT and RTGS systems for Foreign Contribution (Regulation) Act (FCRA) related transactions. This comes after the Home Ministry mandated State Bank of India (SBI) to report all overseas donors' details, including the purpose of remittances, on a daily basis. According to the FCRA, all foreign contributions should be received only in the "FCRA account" of SBI, New Delhi Main Branch (NDMB). Contributions to the FCRA are received directly from foreign banks through SWIFT and through Indian intermediary banks through the NEFT and RTGS systems.
Home Loan Rates: The Reserve Bank of India decided to raise the Repo Rate by 25 basis points on February 8, prompting many banks to raise interest rates on personal, car, and home loans. As a result, banks such as Bank of Baroda, PNB, and SBI raised their loan interest rates.
As of February 17, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decrease of 3.32% and was trading at $24250. Meanwhile, Ethereum had a decline of 2.72% and was trading at approximately $1,691.88.
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
Home Loan Rates: The Reserve Bank of India decided to raise the Repo Rate by 25 basis points on February 8, prompting many banks to raise interest rates on personal, car, and home loans. As a result, banks such as Bank of Baroda, PNB, and SBI raised their loan interest rates.
As of February 17, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decrease of 3.32% and was trading at $24250. Meanwhile, Ethereum had a decline of 2.72% and was trading at approximately $1,691.88.
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
As of February 17, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decrease of 3.32% and was trading at $24250. Meanwhile, Ethereum had a decline of 2.72% and was trading at approximately $1,691.88.
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
As of February 17, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a decrease of 3.32% and was trading at $24250. Meanwhile, Ethereum had a decline of 2.72% and was trading at approximately $1,691.88.
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
Adani row: Leading stock exchange National Stock Exchange (NSE) has tweaked the constituents of its major indices with Adani Group's two companies- Adani Wilmar and Adani Power- all set to make their way into some of the Nifty indices from March 31, 2023.
Amazon has announced that its corporate employees will be required to spend at least three days per week in the office, marking a change from its previous policy. CEO Andy Jassy sent out a memo on Friday, stating that the decision was made by the company's senior executives, known as the S-team, after determining that it would benefit the company's culture and workers' ability to learn from and collaborate with each other. The change will take effect on May 1, with some exceptions for roles like customer support that have the option to work remotely.
Patron Exim IPO will open for subscription on February 21. The subscription window will close on February 24. The SME IPO's price band has been fixed at Rs 27 with a market lot of 4,000 shares. The Ahmedabad headquartered company seeks to raise Rs 16.69 crores via the public issue.
Union Finance Minister Nirmala Sitharaman on Saturday said that the government will clear the entire due on the pending balance of the GST compensation of Rs 16,982 crores today itself. The Finance Minister added that the due amount will be cleared from the government's pocket as the compensation fund doesn't have a sufficient amount.
Gujarat: On the occasion of Mahashivratri, industrialist Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, and his son, Akash Ambani, Chairman of Reliance Jio, visited Somnath Mahadev temple in Gujarat. Mukesh Ambani also donated Rs 1.51 crore to the Somnath temple trust.
The Reserve Bank of India (RBI) has released draft guidelines for minimum capital requirements for market risk, as it aims to align banking regulations with Basel III standards. The central bank has invited feedback on the proposed norms until April 15, with the final guidelines expected to become effective from April 1, 2024.
On the Multi Commodity Exchange (MCX), gold futures began trading at Rs. 56255.00 per 10 grams, showing a slight rise of 0.05%. On the other hand, silver futures opened at Rs. 65600.00 per kilogram, with a slight decrease of 0.05%.
As of February 18, Bitcoin, which is the cryptocurrency with the largest market capitalization, saw a rise of 2.93% and was trading at $24836. Meanwhile, Ethereum had an increase of 1.87% and was trading at approximately $1711.26.
Former Niti Aayog Vice Chairman Rajiv Kumar on Sunday said India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because of several reforms undertaken during the last eight years by the Narendra Modi government. 
TCS layoffs on cards: After Google, Microsoft, Twitter, Facebook, is IT giant Tata Consultancy Services (TCS) is also planning to lay off employees, well, the company said that it has no plans to fire staff as it believes in grooming the talent for longer careers once they join the company. 
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