Business news

Reliance Retail completes fund raise of Rs 47,265 crore for 10.09% stake

RRVL has received cumulative subscription amount of Rs 47,265 crore from its financial partners and allotted 69,27,81,234 equity shares to them.

Nov 19, 2020

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Lakshmi Vilas Bank FD rates will likely drop after merger; but money is safe

RBI has placed a moratorium on Lakshmi Vilas Bank (LVB), placing a Rs 25,000 withdrawal cap in a month. If you're concerned about your fixed deposits, read on to find out what's next.

Nov 18, 2020

Lakshmi Vilas Bank depositors fret not; your money is safe

RBI has placed a moratorium on Lakshmi Vilas Bank (LVB), placing a Rs 25,000 withdrawal cap in a month. But this is no reason for you to panic or rush to the bank.

Nov 17, 2020

RBI puts Lakshmi Vilas Bank under moratorium; withdrawals capped at Rs 25,000 [details]

With the permission of RBI for medical treatment, fees for the payment of higher education, and marriage expenses, approval will be allowed to withdraw more money.

Nov 17, 2020

Reliance Retail Ventures acquires 96% holding in Urban Ladder for Rs 182 cr | Details inside

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder Home Decor Solutions Private Limited (UrbanLadder) for a cash consideration of Rs 182.12 crore.

Nov 15, 2020

Huge relief to tax payers; KTR waives 50% domestic property tax in Telangana as Diwali gift

As part of the tax waiver plan, all the domestic households who have to pay property tax up to Rs 15,000 in Greater Hyderabad Municipal Corporation (GHMC) limits will benefit a 50 per cent reduction.

Nov 14, 2020

Anugrah Stock & Broking suspended for several violations; SEBI opens inquiry

The firm had also failed to deposit the sum of Rs 165 crore by August 31, 2020, as directed by SAT.

Nov 14, 2020

Zomato COO Gaurav Gupta to now focus on company's nutraceuticals biz ahead of IPO

Zomato's COO will now be focusing on the company's nutraceuticals business, which is touted to be a value driver for the food-delivery company.

Nov 9, 2020

Nifty, Sensex hit record highs as Biden win boosts IT stocks, Asian markets

Indian markets touched record highs on Monday as IT stocks gained after a report said that U.S. President-elect Joe Biden planned to ease policy on work visas, with his victory also boosting broader Asian markets and aiding domestic sentiment.

Nov 9, 2020

Saudi Arabia's PIF to buy 2.04% in Reliance Retail for Rs 9,555 cr

Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04 per cent into RRVL, a subsidiary of Reliance Industries.

Nov 5, 2020

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Business news

Reliance Retail completes fund raise of Rs 47,265 crore for 10.09% stake

Lakshmi Vilas Bank FD rates will likely drop after merger; but money is safe

Lakshmi Vilas Bank depositors fret not; your money is safe

RBI puts Lakshmi Vilas Bank under moratorium; withdrawals capped at Rs 25,000 [details]

Reliance Retail Ventures acquires 96% holding in Urban Ladder for Rs 182 cr | Details inside

Huge relief to tax payers; KTR waives 50% domestic property tax in Telangana as Diwali gift

Anugrah Stock & Broking suspended for several violations; SEBI opens inquiry

Zomato COO Gaurav Gupta to now focus on company's nutraceuticals biz ahead of IPO

Nifty, Sensex hit record highs as Biden win boosts IT stocks, Asian markets

Saudi Arabia's PIF to buy 2.04% in Reliance Retail for Rs 9,555 cr

RIL Q2 result: Mukesh Ambani loses $5 billion as share tanks more than 8%

Selling home food without license: Rs 5 lakh fine, six months jail awaits

Who is Mohit Joshi; new CEO of Havas Media Group

H-1B visa only for those with top salary offers; Trump admn moves to scrap lottery system

IndusInd Bank first to go live on RBI's Account Aggregator framework; benefits explained

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]