Wednesday, August 17, 2022

BUSINESS

Bajaj Electricals elevates Poddar as MD, CEO

Consumer durable products maker Bajaj Electricals on Tuesday elevated its Executive Director Anuj Poddar to the role of managing director and chief executive officer.The...

5G: Industry requires Rs 2.5 L cr capex

The telecom industry will need at least Rs 1.5-2.5 lakh crore investment in the next two-three years towards infrastructure development to facilitate meaningful roll...

Amul, Mother Dairy hike milk prices by Rs 2 per litre

Amul and Mother Dairy have hiked milk prices by Rs 2 per litre. This is the second hike by the companies this year. The...

To sustain loan growth of 15 pc in current fiscal, says SBI chairman

State Bank of India (SBI) has said it expects to sustain credit growth of about 15 per cent in the current fiscal with rising...

SEZs: Com ministry proposes incentives

The commerce ministry is proposing a host of direct and indirect incentives such as deferral of import duties and exemption from export taxes to...

Pursued those who cheated banks: FM

Finance minister Nirmala Sitharaman on Saturday said the Centre has ensured that those who cheated banks are relentlessly pursued and money recovered by auctioning...

FPIs invest Rs 22,452 cr in Indian equities in Aug

After turning net buyers last month, foreign investors have become aggressive shoppers of Indian equities and have invested Rs 22,452 crore in the first...

Akasa Air founder, top broker Jhunjhunwala passes away

Top broker-investor and founder of the recently-launched Akasa Air Rakesh Jhunjhunwala, passed away in Breach Candy hospital here on Sunday morning.A Chartered Accountant by...