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According to the bench in the Kotak Mahindra Bank case, "the high court ought not to have sat on appeal as to the sufficiency of the material and particulars placed before the commission, on the basis of which the commission proceeded to grant immunity from prosecution and penalty."
TSC Bosh, Executive Director (Infra & Logistics), REC, and PNB Chief General Manager Rajeeva signed the MoU.
Globally, US markets closed with significant downfall.
In the broader market segments, the Nifty Smallcap 100 displayed a 0.7% increase, while the Nifty Midcap 100 recorded a 0.3% uptick.
NCDs are fixed-income securities listed on BSE and NSE, offering an alternative to bank and corporate FDs for investors with medium risk tolerance
The collaboration of over 25 years aims to upgrade SBG's platform with next-gen tech, enabling cloud-based critical business operations by 2026
Investors with moderate risk appetite and want to invest for 1 to 3 years to diversify the portfolio in government securities should invest in Kotak Nifty G-Sec July 2033 Index Fund.
RBI levied a penalty of Rs 1.62 crore on the Indian Bank.
Asian equities are trading on the flipside today despite modest gains on the Wall Street.
In the midcap segment, the BSE midcap index saw a rise of 0.40%, whereas the Smallcap index ended the day with minimal change.