News Overview

On 12 May 2022

On 20 May 2022

On 13 May 2022

Acquisition strengthens Cigniti’s digital ambitions and helps offer digital engineering services to its customers across the globe.

Retail investors subscribed 0.97 times, while QIBs bid for 0.40 times shares of their allotted quota and NII lapped up 0.48 times of their portion.

Banking system credit growth offtake has shown a significant pick-up in the early part of FY23 with credit growth of 11.2% yoy as on 8 April 2022, compared to 5.3% yoy in same period in April 2021, and highest since July 2019.

Strengthening the financing architecture for project exports through innovative financing instruments and relooking regulations such as prudential norms for export credit agencies should be a priority,

Also, DCB Bank announced the revision to its EBLR.

On a sequential basis, the companys net profit rose 6.52% to Rs 52.11 crore while net sales gained 5.86% to Rs 300.57 crore in Q4 FY22 as compared to Q3 FY22.

India Services PMI Improves In April Indias service Purchasing Managers Index rose to 57.9 in April from 53.6 in March, survey results from S&P Global showed on Wednesday. Any score above 50.0 indicates expansion in the sector. New business inflows and output increased at the strongest pace since November last year due to higher bookings after the easing of Covid-19 pandemic-related restrictions and favorable demand […]