🔴 Telecom Secretary K Rajaraman said telecom and internet service providers would also benefit
🔴 In a communication to the Finance Ministry, the PCI — which is the largest industry body for digital payment aggregators — said it expects a loss of Rs 5,500 crore from UPI and RuPay debit card payments as the MDR is zero.
🔴 Many users reported problems like the portal showing error, inability to complete the e-sign process and server issues
🔴 According to Air India’s reply to a Right to Information (RTI) application filed by Commodore Lokesh K Batra (Retd) on January 20, 2022, the dues are under multiple heads and estimated to have been pending up to October last year.
🔴 Net profit at Rs 6,194 crore as of quarter ended December 2021
Netflix Inc plunged 21.6% after missing market forecast for new subscribers at the end of last year and a downbeat outlook for early 2022.
🔴 Floats tenders to procure over 14 mt of imported coal
🔴 India is currently in the process of negotiating FTAs with the UK, the UAE, Australia, Israel and the EU.
🔴 Over 2,250 startups were added in 2021, over 600 more than the previous year. it added. While 11 startups in 2021 took the IPO route to raise money from the markets, Nasscom expects at least 16 startups to take the IPO route to raise money in 2022.
🔴 A Bench set aside the Gujarat High Court’s May 2016 judgment that had upheld the Gujarat Value Added Tax Tribunal’s order that held Essar Steel (ESL) was entitled to the exemption from payment of purchase tax.
Reliance Industries (RIL) reported a consolidated net profit of Rs 18,549 crore for the quarter ended December 2021, up from Rs 13,101 crore year-ago.
AGS Transact Technologies IPO subscription status: The initial public offering (IPO) of payment solutions provider AGS Transact Technologies was subscribed 7.79 times on the final day.
Digital banking offers customers the convenience of banking at their fingertips with 24x7 availability and secure transactions.
Gold has managed to hold steady in 2022 even as central banks turn more hawkish.
Embroiled in a legal dispute with Amazon.com Inc. that has damaged its ability to raise funds, the Mumbai-based retailer is coming up against two key milestones that will test creditors’ faith after its onshore debt was restructured during the pandemic.
The largest cryptocurrency dropped as much as 7.4% to $38,261, while second-ranked Ether slid below $3,000.
“The auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last two to three years,” Anish Shah, managing director and chief executive officer of the Mahindra Group, said.
Adani Wilmar IPO: The IPO of edible oil maker Adani Wilmar will open on Thursday, January 27, 2022. Investors who wish to subscribe to Adani Wilmar's IPO can bid in the lot of 65 equity shares and multiples thereof.
Share Market, Stock Market Highlights: The S&P BSE Sensex ended at 59,037.18, down 427.44 points (0.72 per cent), while the Nifty 50 settled at 17,617.15, down 139.85 points (0.79 per cent).
🔴 Rai, after his retirement as the CAG, headed the Banks Board Bureau, the body that advises the government on top-level appointments at public sector lenders and ways to address bad loans, as its chairman, Unity Small Finance Bank said in a statement.
🔴 The order comes nearly seven months after the Mumbai bench of the National Company Law Tribunal (NCLT) cleared the plan last June.
🔴 The company’s total income grew 10.23 percent to Rs 13,183 crore for the December quarter as against Rs 11,959 crore a year ago. Growth in the quarter was competitive and profitable with domestic consumer growth of 11 per cent.
🔴 Ask for removal of GST on additional interest charged in defaults
🔴 PFS refuted the allegations and stated that the matter will be addressed at the board level. The three independent directors who resigned are Kamlesh Shivji Vikamsey, Santosh B Nayar and Thomas Mathew T, as per a filing.
🔴 The rupee also slipped 7 paise to close at 74.51 against the US dollar, tracking a weak trend in the equity market.