Telecom and digital communications major Reliance Jio is the strongest brand in India, according to the latest report on Indian brands by Brand Finance.
In the previous session, Sensex ended 333.93 points or 0.64 per cent lower at 51,941.64, and Nifty slumped 104.75 points or 0.67 per cent to 15,635.35.
Walmart Inc owns a majority stake in Flipkart. It had invested USD 16 billion in 2018 in the Bengaluru-based e-commerce platform to pick up 77 per cent stake. In July last year, it led a USD 1.2-billion round in Flipkart, valuing the e-commerce firm at USD 24.9 billion.
"The Central Govt has re-appointed Shri Mahesh Kumar Jain as Dy Governor, RBI for a period of 2 years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021," the central bank said in a statement.
The current round of hiring will strengthen the company's rider and driver growth, delivery, eats, digital payments, risk and compliance, marketplace, customer obsession, infrastructure, adtech, data, safety and finance technology teams, a statement said.
In the previous session, Sensex slipped 52.94 points or 0.10 per cent to 52,275.57, and Nifty declined 11.55 points or 0.07 per cent to end at 15,740.10.
NCLT has approved the resolution plan of Twin Star Technologies Limited to acquire the bankrupt Videocon Industries.
The RBI said the penalty has been imposed for non-compliance with RBI directions on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks (UCBs)' and 'Depositor Education and Awareness Fund Scheme 2014'.
The RBI on Tuesday asked banks to preserve the CCTV recordings of their branches and currency chests from November 8, 2016, to December 30, 2016, till further orders with a view to assisting the enforcement agencies to take actions against persons involved in illegal activities during the demonetisation period.
Senior BJP leader Sushil Modi on Tuesday suggested levying 0.1 per cent each of CGST and SGST on vaccines, oxygen ventilators and other essential medical devices required for treating coronavirus infections.
Dividend Stocks in India: Dividend is the portion of the profit that companies distribute to their shareholders from time to time. It is considered as an important factor while making investment decisions.
The new service charge will be Rs 15 plus GST for each transactions. The service charge levied for non-SBI bank ATMs is also Rs 15 plus GST.
During the first wave of the Covid-19 pandemic, several measures had been taken by the Central Bank and the government to pump in liquidity and boost economic activity.
RBI has imposed penalty aggregating to Rs 6 crore on Bank of India and Punjab National Bank for contravention of norms.
India has been elected to the Economic and Social Council, one of the six main organs of the United Nations, for the 2022-24 term
After petrol, diesel is now nearing the Rs 100 per litre mark in Rajasthan as oil firms raised fuel prices yet again on Monday.
The price of premium petrol hit the century mark at the pumps in Thiruvananthapuram, Kollam, Idukki, Palakkad, Wayanad and Kasaragod districts.
Gold prices declined by Rs 152 to Rs 48,107 per 10 gram in the national capital on Monday in line with weak global trends, according to HDFC Securities.
Yes Bank plans to raise funds in Indian or foreign currency by issuing debt securities, it said on Monday
China has reported its exports and imports surged in May on growing demand as the pandemic was waning in the US and other key markets, though the pace of growth is leveling off.
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