News Overview

The appointment is subject to members' approval, and Vaswani will assume office after the end of Dipak Gupta's term on December 31, 2023.

The move poses a potential loss for India as Apple had plans to include Indian conglomerates like the Tatas in its supply value chain network.

Financial-related indexes, including banks and financial services, faced losses of about 0.75%, with public sector banks experiencing a 2% drop.

Passenger traffic has decelerated from +20% YoY in H1 FY24, to +10% in October and +5% in November.

In Q2 FY24, the demand continued to remain soft. QSR sector was affected by an additional month of Shravan.

The development project, located in Yelahanka, North Bengaluru, involves a Joint Development Agreement (JDA) signed with Krishna Priya Estates and Micro Labs.

A MOU has been signed with an Apollo affiliate, driving Panasonic shares up by 5.3% in Tokyo trade.

The board of directors is scheduled to meet on November 24 to approve the issuance of NCDs on a private placement basis, totaling up to Rs 3,500 crore, spread over the next six months

In-line with expectations of analysts at IIFL Capital Services, the RBI has increased the risk-weights on personal loans and credit cards for both banks and NBFCs, as well as for banks’ exposure to the NBFCs.

Mutual funds are long term investments, so which funds have done best over the last 10 years on risk-adjusted returns?