The CCEA, led by Prime Minister Narendra Modi, is expected to take up the proposal to ease the regulation for domestically produced oil. If accepted, it will allow crude oil producing companies to sell crude oil in the open market
The company expects to onboard 7,000 businesses on its platform in the Indian market over the next 12-18 months.
Murali Brahmadesam has more than two decades of experience and has spent a major part of his career at Amazon and Microsoft, where he held several technology and leadership roles.
The round takes the total fundraise by Progcap in the past year to $95 million.
Iyer will succeed Amitabh Kant who will complete his tenure on June 30 this year.
The event will start with a 45 minutes session explaining the basics of investing by an expert.
The company said that the rebranding is in line with its plans to expand its footprint globally starting with UAE.
The fundraise comes at a time when investors are cautious amidst the challenging macro environment
The 16th consecutive annual bonus demonstrates the company’s commitment to deliver on the promises made to policyholders, ICICI Prudential Life said in a statement
Stock hit a high of Rs 682 on BSE and at 9.30am was trading at Rs 678, up 1.5% from previous close
Premier and Azure have jointly invested Rs 700 crore to build a facility in Telangana with a capacity of 1.25 Gigawatt solar cells and 1.25 Gigawatt solar modules.
Mayank Kumar Agrawal, a senior officer of IIS, has over a three-decade long experience in the field of public communication
The Competition Commission of India (CCI) imposed penalties constituting 5 percent of the average turnover of the companies and individuals found guilty of violating provisions of the Competition Act.
Analysts expect margin pressure to continue
Thirty five firms reported six percent rise in sales as net profit fell for the second quarter by 11 percent year on year but rose 72 percent sequentially.
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The stock hit a low of Rs 50 a share on 11 May and it was trading its near issue price of Rs 74.4 a share on Tuesday, up 4% from its previous close.
The India volatility index (VIX), often referred to as a fear gauge, fell nearly 22% in the last five sessions to 20 from 25.63 on 24 May.
The sale is expected to be completed by June 22. M&M would receive Rs 45 crore from the deal.
Monsoon arriving three days earlier than usual also among factors spurring stocks