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BusinessToday.In
June 24, 2021
HDFC Bank MD and CEO Sashi Jagdishan, in a note in the bank's annual report for 2020-21, also acknowledged deficiencies in compliance, coupled with technology problems that led to regulatory actions


BusinessToday.In
June 22, 2021
This latest round of funding comes a week after a bunch of investors including UBS Group, Blackstone, Abu Dhabi state fund ADQ, Zoom founder Eric Yuan and Phoenix Rising-Beacon Holdings pumped in $350 million into Byju's


PTI
June 18, 2021
These entities had entered into transactions with related persons/entities with mala fide intentions of not fulfilling the pay-in obligations with respect to their trades on February 11, 2009


PTI
June 16, 2021
Currently placed on the FATF's 'grey list', Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations by the global watchdog


PTI
June 14, 2021
The issue, which was launched on June 7, 2021, received 6.3 times oversubscription, a company release said


PTI
June 14, 2021
In a virtual address at an inaugural outreach session of the summit, Prime Minister Narendra Modi sought the support of the grouping to lift patent protections for COVID-19 vaccines


BusinessToday.In
June 13, 2021
PM Modi highlighted that the planet's atmosphere, biodiversity and oceans can not be protected by countries acting in silos, and called for collective action on climate change.


PTI
June 12, 2021
The government's continued support to drive adoption of EVs, with a keen focus on locally built electric two-wheelers will make India the manufacturing hub of EVs, said Ather Energy CEO and Co-founder Tarun Mehta


Reuters
June 12, 2021
The G7 is trying to find a coherent response to the growing assertiveness of President Xi Jinping after China's spectacular economic and military rise over the past 40 years


BusinessToday.In
June 11, 2021
Sitharaman says enhanced CAPEX will play a critical role in revitalising post-pandemic economy. Budget for Financial Year 2021-22 provided a capital outlay of Rs 5.54 lakh crore but these efforts must be complemented by PSEs, says FM


BusinessToday.In
June 11, 2021
Cryptoassets have given rise to a range of concerns, including consumer protection, money laundering and terrorist financing, and their carbon footprint, says a report by Basel Committee on Banking Supervision


BusinessToday.In
June 11, 2021
For the full year 2020-21, net profit dropped 16 per cent to Rs 4,420 crore as against Rs 5,264 crore in 2019-20. Total income during the year, however, rose 1 per cent to Rs 26,683 crore as against Rs 26,385 crore


Manoj Sharma
June 11, 2021
As per ED, users of WazirX received cryptocurrency worth Rs 880 crore via its pool account from Binance accounts and transferred out cryptocurrency worth Rs 1,400 crore to Binance accounts during its probe


Divyesh Singh
June 11, 2021
Mumbai-based WazirX and directors Nischal Shetty and Sameer Hanuman Mhatre were sent the notice under Foreign Exchange Management Act (FEMA)


BusinessToday.In
June 10, 2021
The former RBI Governor said that when people say the central bank should print money to finance the government's deficit they don't realise that it is doing so even now but indirectly


Rashi Bisaria
New Delhi, June 9, 2021
Anil Agarwal's Vedanta to acquire Videocon from insolvencyThe Mumbai bench of the National Company Law Tribunal (NCLT) has approved Vedanta Group's Twin Star Technologies' resolution plan for beleaguered Videocon Industries Ltd. As per the resolution plan, Twin Star Technologies will pay Rs 2,962 crore against Videocon's total debt of Rs 31,000 crore.Centre caps vaccine prices for private hospitals; Covishield at Rs 780, Covaxin Rs 1,410A day after Prime Minister Narendra Modi said private...


BusinessToday.In
June 8, 2021
The $500 million loan from the International Bank for Reconstruction and Development (IBRD) has a maturity of 18.5 years including a grace period of 5.5 years. 


PTI
June 7, 2021
Dave, who had been heading the largest profit contributing segment of global banking and markets, succeeds Surendra Rosha, as per an official statement


PTI
June 6, 2021
Parliament in March cleared National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 to support the development of long-term non-recourse infrastructure financing in India


PTI
June 5, 2021
The bank will be increasing the allocation of capital towards climate finance to 3.5 per cent of its loan book over the next two years, which is currently at 2.7 per cent, IndusInd Bank said on the occasion of the World Environment Day


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