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UK service sector expanded at the slowest pace in ten months in December as the Omicron variant led to a steep fall in spending on face-to-face consumer services, survey results from IHS Markit showed on Thursday. The services Purchasing Managers Index fell to 53.6 in December from 58.5 in November. However, the score was above the flash 53.2. Moreover, the reading remained comfortably above the […]

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The benchmark indices witnessed a sharp decline on Thursday, after a four-day rising streak. IT, realty and banks stocks declined while auto, media and consumer durables stocks advanced. The Nifty closed a tad below 17,750 mark after hitting the days low of 17,655.55 in early afternoon trade. The barometer index, the S&P BSE Sensex, dropped 621.31 points or 1.03% at 59,601.84. The Nifty 50 index […]

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Reliance Industries (RIL), Infosys and Bharti Airtel most active in futures segment.

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The investment was led by Reliance Retail Ventures (Reliance Retail), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.

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DJ Mediaprint & Logistics is a provider of integrated printing, logistics and courier services in India and overseas.

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The Business is already executing water supply schemes in the districts of Mahoba, Banda, Chitrakhoot, Gonda, Varanasi, Sonbhadra, Balrampur and Shravasti for the same client.

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As a preliminary step, India Exim Bank has been continuously monitoring its exposures linked to LIBOR. The Bank also set up an internal multi-disciplinary Steering Committee for LIBOR Transition, to ensure the smooth transition and systematic implementation of ARRs into the Bank’s Business. Subsequently, the Bank’s Board also approved a policy framework to address the risks arising from LIBOR transition.

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On 28 January 2022

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