Piramal Enterprise to provide for Rs 3,164-cr AIF exposure
Days after the Reserve Bank of India (RBI) tightened norms for lenders investing in alternative investment funds (AIF), Piramal Enterprises on Thursday said it will make provisions for Rs 3,164 crore worth of investments in AIF units.The company and its…
Organised F&G retailers to log revenue growth of 14-15% in fiscal 2025, says CRISIL Ratings
Continued healthy demand and expansion in underpenetrated tier-II and -III cities will help organised brick-and-mortar food and grocery (F&G) retailers log a strong revenue growth of 14-15 per cent in fiscal 2025 despite fierce competition from quick commerce channels, said…
Poll body directs political parties not to use derogatory language for persons with disabilities
The Election Commission of India (ECI) has issued a set of guidelines for political parties, ahead of the 2024 Lok Sabha elections. The poll body has instructed the parties not to use derogatory language for persons with disabilities. In an…
ED arrests 3 more in money laundering case against Vivo-India, others
The Enforcement Directorate has made three fresh arrests in connection with its money laundering probe against Chinese smartphone-maker Vivo and some others, official sources said on Saturday. The three have been taken into custody under the provisions of the Prevention…
Stocks to watch: Adani Energy, Gland Pharma, Indian Energy Exchange, HPCL
Stocks in Focus: GIFT Nifty traded flat at 19,463.5 down merely 4 points or 0.02%, indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously on Monday, the NSE Nifty 50 soared 181.15 points…
IL&FS puts two arms on the block to boost recoveries
IL&FS group has put its two subsidiaries, IL&FS Investment Managers Limited (IIML) and IL&FS Securities Services (ISSL), on the block. The debt-laden group is looking to sell its entire 50.42% stake in IIML, a private equity fund management firm having…
Federal Reserve’s favoured inflation gauge tumbles in November as price pressures continue to ease
The Federal Reserve’s preferred measure of inflation fell last month in another sign that price pressures easing in the face of the central bank’s interest rate hikes. Friday’s report from the Commerce Department showed that US consumer prices slid 0.1…
INDIA bloc protest: Rahul Gandhi blames ‘unemployment’ under Modi govt for Parliament security breach
Leaders of the Opposition-led Indian National Developmental Inclusive Alliance (INDIA) bloc hit the streets on Friday to protest against the suspension of a whopping 146 MPs from Parliament in an “undemocratic manner” during the Winter Session which ended on December…
Maruti Suzuki India to open 2nd Japan-India Institute for Manufacturing in Haryana
Maruti Suzuki India to open 2nd Japan-India Institute for Manufacturing in Haryana Maruti Suzuki India (MSIL) has signed a Memorandum of Agreement (MoA) with the government of Haryana to set up 2ndJapan-India Institute for Manufacturing (JIM), in Haryana, at Kansala,…
Khelo India: Govt adds 341 facilities, over 1,000 sports centres to bolster youth potential
To strengthen the grassroots sports infrastructure across the country, the Sports Ministry has sanctioned 341 sports infrastructure projects under the flagship Khelo India Scheme and National Sports Development Fund (NSDF), Union Minister for Youth Affairs and Sports Anurag Singh Thakur…
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