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SEBI fines NSE, Anand Subramanian Rs 5 crore on NSE
The Securities and Exchange Board of India has imposed penalties on the National Stock Exchange NSE Chitra Ramakrishna, Anand Subramanian and others in connection ... ... an unknown person through emails in the period from 2014 to 2016. The market regulators had charged Ramkrishna with alleged governance lapses, including the appointment of Subramanian as chief strategic advisor and his re-designation as a group operating ...
Updated: 06/29/2022
Ratan Tata congratulates Telangana for inaugurating largest innovation campus in Hyderabad
Ratan Tata took to Twitter to congratulate the government of Telangana for the inauguration of the world's largest innovation campus in Hyderabad. Ratan Tata took to Twitter to congratulate ... ... inauguration of the world's largest innovation campus. It said the campus will act as a robust platform to elevate the stature of India's innovation ecosystem. The facility was inaugurated by Chief Minister of Telangana K Chandrashekar Rao . In the past six ...
Updated: 06/29/2022
Tata and Renesas form strategic partnership
... up a $300 million semiconductor manufacturing facility were reported earlier in the day. The company hasn't applied for the government's semiconductor fab scheme until earlier this year. In October 2020, it was reported that Tata Group is investing ... ... chip packaging. OSAT took a stake in Tejas product company and Saankhya design and is said to be in discussions with a fab in India to address its growing automotive needs and future EV plans. A reputed and big group like Tata getting more into semiconductors is a good sign for the future of the industry in India, says Arun Mampazhy, a semiconductor veteran and analyst. This cud be an important alliance for India's ...
Updated: 06/29/2022
Sensex rises 16 points, Nifty up 18 points
... Mukesh Ambani resigned from the board of his $217 billion group's telecom arm, Reliance Jio, and handed over the firm's reins to elder son Akash . Adani Power: The stock is likely to be upgraded to a large cap in July AMFI review. Steel companies: The government said 31 companies, including JSW Steel, Vedanta Ltd, NLC India Ltd, Jindal Power and Bharat Aluminium Company Ltd, have submitted bids for 24 mines under commercial coal mines auctions. SBI: State Bank of India and ICICI Bank have a 9.54 per cent stake in Perfios Account Aggregation Services Private Limited Perfios AA Both banks bought 8,05, 520 equity shares by paying Rs 4.03 crore each for the stakes.
Updated: 06/29/2022
China, India in talks on cap on Russian oil prices
... Russia's oil revenues while keeping supplies on the market and avoid a major price spike that could cause a recession. The G 7 governments are still deciding what services could be withdrawn for cargoes above the price cap, and are considering direct bans on shipping services, insurance, trade finance, brokering of cargoes and other services, according to the source. Many countries still have western sanctions that allow them to buy Russian crude, and India and China have increased their purchases at steep discounts. The source said the two countries would be able to buy Russian ...
Updated: 06/29/2022
Two arrested for beheading Hindu tailor
... posing as customers before attacking him with large knives. On Tuesday, authorities rushed additional police into Udaipur to counter any religious unrest. Ms Sharma has not been seen in public since her remarks caused a diplomatic storm and embroiled India in a diplomatic storm, with the governments of nearly 20 countries calling in Indian envoys for an explanation. In 2020, the row followed anger across the Muslim world after French President Emmanuel Macron defended the right of a satirical magazine to publish caricatures of the prophet. Images ...
Updated: 06/29/2022
India added $47.5 billion to forex reserves in FY23
India added $47.5 billion to foreign exchange reserves last fiscal year, down nearly half of the previous year. India added $47.5 billion to foreign exchange reserves last fiscal year, down nearly half of the previous ... ... exchange by the RBI, income arising out of the deployment of foreign exchange reserves, external aid receipts of the Central Government and changes on account of the revaluation of the assets. Our external sector is strained without the support of the ...
Updated: 06/28/2022
China, India to have incentives to comply with G7 prices
... Russia's oil revenues while keeping supplies on the market and avoid a major price spike that could cause a recession. The G 7 governments are still deciding which services for oil transport could be withdrawn for cargoes above the price cap, and are considering direct bans on shipping services, insurance, trade finance, brokering of cargoes and other services, according to the source. Many countries still have western sanctions that allow them to buy Russian crude, and India and China have increased their purchases at steep discounts. The source said the two countries would be able to buy Russian ...
Updated: 06/28/2022
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