News Overview

The Indian rupee appreciated by 25 paise to 74.59 against the US dollar on Wednesday due to a pullback in the greenback and crude oil prices after Western countries imposed several sanctions on Russia for sending troops into separatist-held regions in Ukraine. At the interbank forex market, the local unit opened at 74.64 against the greenback and witnessed an intra-day high of 74.54 and a […]

Sales reported at Rs 0.02 crore

Sales decline 89.47% to Rs 0.02 crore

Sales reported at Rs 0.09 crore

The International Monetary Fund (IMF), stated in a latest update that thanks to a rapid vaccination campaign and highly accommodative policies, the United Kingdoms economic recovery has proceeded faster than expected. The near-term growth outlook remains strong?but so too are inflationary pressures. Monetary policy will need to tighten steadily to anchor inflation expectations and bring inflation back to target. Careful communication to counter expectations of […]

Business Wire IndiaGiift, a leading provider of loyalty management solutions, around the globe and Apis Partners, an ESGI-native global private equity and venture capital asset manager, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, announced today that it has acquired a significant strategic interest in Xoxoday, a fintech disruptor in the rewards, incentives and payout space. The partnership […]

Business Wire India Cohere Capital, a Boston-based private equity firm focused on investing in leading tech-enabled middle market companies, announced that it has made a strategic growth investment in Boostability (the “Company”). Cohere Capital partnered with management and existing investor H.I.G. Growth Partners to accelerate the Company’s development and further enhance the value proposition for its large, growing customer base.   Headquartered in Lehi, Utah, […]

Tata Power made it into the ‘Leadership’ category list for the second time.

The impact of the Reserve Bank of India’s (RBI) clarification (November 12, 2021) on the recognition and upgradation of the non-performing advances (NPAs) for non-banking financial companies (NBFCs) and housing finance companies (HFCs) was visible in Q3 FY2022; NPAs as per the tightened Income Recognition, Asset Classification and Provisioning (IRAC) norms were higher by about 150 bps for NBFCs and 70 bps for HFCs.

Eurozone inflation rose to a record 5.1 percent in January from 5.0 percent in December, final data from Eurostat showed on Wednesday. Meanwhile, core inflation that excludes energy, food, alcohol and tobacco, slowed to 2.3 percent, as initially estimated, from 2.6 percent. On a monthly basis, overall consumer prices gained 0.3 percent in January, while core consumer prices dropped 0.9 percent. Among components, energy prices […]