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    Comedian Sanket Bhosale, Actress Sugandha Mishra Booked For Allegedly Violating Covid-19 Norms

    The Punjab Police have booked Comedian Sanket Bhosale and actress Sugandha Mishra booked for allegedly violating Covid-19 norms.According to the reports, the couple got married on April 26 in a private ceremony in Punjab. The couple were however booked for breach of Covid protocols nine days after the wedding. The Punjab police has also booked the...

    • 10 hrs ago
  • News

    TVS Motor Lines Up Rs 40 Cr To Support Fight Against COVID-19

    TVS Motor Company on Friday said it along with Sundaram Clayton and its group companies have pledged Rs 40 crore to support the nationwide efforts to curb the spread of COVID-19. The funds will be utilised to provide lifesaving supplies such as oxygen concentrators, PPE Kits, medicines and medical equipment across the country. This initiative is undertaken by Srinivasan Services Trust...

    • 11 hrs ago
  • News

    ICRA Net Profit Down 35 % At Rs 23 Cr In March Qtr

    Ratings firm ICRA on Friday reported an over 35 per cent decline in consolidated net profit at Rs 22.5 crore for the fourth quarter of the fiscal ended March 2021. The company had reported a net profit of Rs 34.9 crore in the year-ago quarter. Total income during Q4 FY21 was down at Rs 91.85 crore as against Rs 99.56 crore in the same period of FY20, ICRA said in a regulatory filing. For the...

    • 11 hrs ago
  • News

    RBI To Conduct SLTRO Of Rs 10,000 Crore For Small Finance Banks On May 17

    The Reserve Bank on Friday said it will conduct the first auction for special long-term repo operations (SLTRO) of Rs 10,000 crore for Small Finance Banks (SFBs) on May 17. To provide further support to small business units, micro and small industries, and other unorganised sector entities adversely affected during the current wave of the pandemic, the RBI has decided to...

    • 11 hrs ago
  • News

    RBI Sets Up Advisory Group To Assist Regulatory Review Authority

    The Reserve Bank on Friday said an advisory group has been constituted to assist the second Regulatory Review Authority (RRA 2.0) which was constituted by the central bank earlier this month to streamline regulations and reduce the compliance burden of regulated entities. Headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA by identifying...

    • 12 hrs ago
  • News

    On-Tap Liquidity Facility: RBI Asks Banks To On-Lend To Healthcare Cos In 30 Days Of Availing Credit

    The RBI on Friday asked the banks seeking funding from the special Rs 50,000-crore on-tap liquidity window to on-lend money to the healthcare service providers within 30 days of availing the credit facility. Earlier this week, the RBI had decided to open an on-tap liquidity window of Rs 50,000 crore with tenures of up to three years at the repo...

    • 12 hrs ago
  • News

    SBI, EIB To Invest Up To Euro 100 Mln In Indian SMEs Focused On Climate Change, Sustainability

    The European Investment Bank and the country's largest lender SBI on Friday entered into a pact to jointly pump Euro 100 million in equity financing into Indian small businesses focused on climate change and sustainability. An agreement got signed on the margins of the European Union-India leaders meeting in Portugal, where both the financial...

    • 12 hrs ago
  • News

    Rupee Gains For 2nd Straight Day; Settles 27 Paise Higher At 73.51 Against Dollar

    The rupee gained for the second straight day and closed 27 paise higher at 73.51 (provisional) against the US dollar on Friday, supported by positive domestic equities and weak American currency. At the interbank forex market, the rupee opened at 73.62 and hit an intra-day high of 73.50 and a low of 73.76. The local unit finally settled at 73.51, registering a gain...

    • 12 hrs ago
  • News

    India's Sovereign Rating To Remain At Current Level For Next 2 Years: S&P

    &P Global Ratings on Friday said India's credit rating would be retained at the current level for the next two years, and the country will see a slightly faster pace of growth in the next couple of years that will support its sovereign rating. S&P, which had in March seen the Indian economy growing by 11 per cent in the fiscal year to March 2022, saw GDP...

    • 12 hrs ago
  • News

    Dabur Net Profit Jumps 34 Pc To Rs 377.3 Cr In Mar Quarter

    Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 377.29 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 281.60 crore in the January-March quarter a year ago, Dabur India said in a BSE filing. Its revenue from operations during January-March 2021 jumped 25.27 per cent to Rs...

    • 12 hrs ago

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