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  • Business News

    IDFC Mutual Fund launches 'SIP in Fixed Income' campaign

    IDFC Mutual Fund has started a new campaign called SIFI or `SIP in Fixed Income'. The new campaign called SIFI has been launched to make investors more aware about the benefits of investing in fixed income products via Systematic Investment Plans. Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams SIFI...

    • 17 hrs ago
  • Business News

    Vodafone Idea rebrands itself as 'Vi'

    Vodafone Idea has announced its new unified brand identity by renaming all its products under a new name and logo "Vi". The Beleaguered telecom operator, announced the rebranding of the company through a virtual platform. The integration into one brand is believed to be the company's efforts to reduce the cost of maintaining two brands. The rebranding also comes at a time when Vodafone Idea...

    • 2 weeks ago
  • Business News

    CCI approves acquisition by Lightstone Fund S.A.

    The acquisition by Lightstone Fund S.A., for and on behalf of Lightstone Global Fund (LGT) of certain equity stakes has been approved by the Competition Commission of India (CCI). Under Section 31(1) of the Competition Act, 2002, the Lightstone Fund S.A. will acquire certain equity stakes in 91Streets Media Technologies Pvt. Ltd. (91Streets), Ascent Health and Wellness Solutions Pvt. Ltd....

    • 4 weeks ago
  • Business News

    GoI and AIIB sign MoU for $500 million for Mumbai Urban Transport Project-III

    The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian Infrastructure Investment Bank (AIIB) has signed a loan agreement for a $500 million Mumbai Urban Transport Project-III. Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams The aim of the...

    • 4 weeks ago
  • Business News

    CCI approves proposed acquisition of C&S Electric by Siemens

    The proposed acquisition of C&S Electric Limited by Siemens Limited has received the approval of the Competition Commission of India (CCI). The proposed combination envisions acquisition of 100% of the share capital of C&S Electric Limited (C&S) by Siemens Limited (Siemens India). Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk...

    • a month ago
  • Business News

    HSBC India launches "Green Deposit Programme"

    A "Green Deposit Programme" has been launched by the HSBC India. The "green deposit programme" has been launched exclusively for corporate clients. Under this programme, the bank will use the deposits to finance green initiatives and environment friendly projects. With this, the deposit scheme launched by the HSBC India will provide its corporate clients stable and pre-agreed...

    • a month ago
  • Business News

    RRVL acquires majority equity stake in Vitalic Health Pvt. Ltd.

    Reliance Retail Ventures Limited (RRVL), wholly-owned subsidiary of Reliance Industries Limited has acquired majority equity stake in Chennai-based Vitalic Health Pvt. Ltd. as well as in its subsidiaries. Total transaction costed approximately Rs 620 crores. Vitalic Health Pvt. Ltd. is engaged in the business of pharma distribution, sales, and business support services, while its...

    • a month ago
  • Business News

    Muthoot Finance, Kotak General Insurance tie up to offer COVID-19 cover

    Muthoot Finance has tie-up with Kotak Mahindra General Insurance to offer COVID-19 insurance cover of up to Rs 1 lakh against the gold loan. The company will be providing complimentary COVID-19 insurance cover to their eligible customers through Muthoot Finance Ayush Gold Loan, an exclusive initiative of Muthoot Group. This specific cover will only be available for the...

    • a month ago
  • Business News

    ADB approved USD 1 billion loan for rapid transit system in India

    The Asian Development Bank (ADB) has approved a USD 1 billion (Rs 7,485 crore) loan to construct the modern, high-speed 82-kilometre (Delhi - Meerut) Uttar Pradesh Regional Rapid Transit System (RRTS) in India. The transit system project aims to help decongest the city and improve regional connectivity by establishing transit options through densely populated sections of the NCR...

    • a month ago
  • Business News

    MCX to launch India's first bullion index named "Bulldex"

    Multi Commodity Exchange of India (MCX) will launch India's first bullion index named "Bulldex", on August 24, 2020. Bullions, viz. gold and silver are already being traded as individual commodities on the country's premier commodity exchange. With gold and silver as underlying, Bulldex will have a market lot size of 50 and be cash-settled futures contract. MCX had...

    • a month ago

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