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Since January of this year, retail inflation has been over 6%, causing the central bank to raise policy rates twice in a row (repo).

Producer prices in Japan were up 0.7 percent on month in June, the Bank of Japan reported. On a yearly basis, producer prices jumped 9.2 percent – again beating forecasts for 8.8 percent and down from the upwardly revised 9.3 percent gain in the previous month (originally 9.1 percent). Export prices were up 0.1 percent on month and 5.9 percent on year in June, the […]

The Three Month MCLR has been increased from 7.25% to 7.35%.

Kotak Mahindra Bank Ltd registered volume of 12.44 lakh shares by 10:47 IST on BSE, a 19.53 fold spurt over two-week average daily volume of 63681 shares

The key equity barometers continue to trade with modest losses in the mid-morning trade. The Nifty hovered below the 16,140 mark. PSU banks extended gains for the fifth successive trading session. At 11:28 IST, the barometer index, the S&P BSE Sensex, was down 238.37 points or 0.44% to 54,156.86. The Nifty 50 index fell 85.70 points or 0.53% to 16,130.30. In the broader market, the […]

Bank of Baroda, the second-largest state-owned lender in India, is re-entering the corporate lending market with an eye on robust growth driven by a recovery in the capex cycle. The bank plans to treble the rate of expansion this fiscal year after increasing business loans by 3% last year.

Mastek announced that it has achieved the highest level of UiPath technical accreditation by receiving UiPath Services Network (USN) certification. In achieving UiPath USN status, Mastek has proven expertise and advanced delivery skills required to build and scale end-to-end automation for their clients. The UiPath Services Network Program provides a framework offering partner differentiation, resources, training, and certifications to ensure mutual customer success. UiPath USN […]

Ramco Systems announced that it has successfully gone live at Air Asia Company (AACL), Taiwans first privately-owned aircraft maintenance company catering to aircraft maintenance of commercial aircraft, helicopters, military and a designated Government owned contractor operated facility (GOCO), with its Aviation M&E MRO Suite V5.9, thereby automating and digitally transforming AACLs business processes. With modules for Production Planning, Commercials, Maintenance Execution and Supply Chain Management, […]

The global aviation software provider said that it had gone live at Air Asia Company (AACL) with its Aviation M&E MRO Suite V5.9, thereby automating and digitally transforming AACLs business processes.

Gross Total income of the company for FY22 was reported at Rs1,480 crore, and Rs299 crore for Q4FY22.