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Saturday, May 18, 2024

Debt, equity holders approve merger of IDFC with IDFC First Bank



from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iZGJkIS
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A heavy monsoon season is great news for these Indian stocks

A recovery in rural stocks is also positive news for India’s broader stock market, which has seen significant growth in recent years, primarily driven by investment-heavy firms reaping the benefits of increased government infrastructure spending. Additionally, abundant rainfall can help the central bank's efforts to control inflation by stabilizing food prices, thereby enhancing the prospects for India's economic growth and corporate earnings.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XO8yVkL
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US makes arrests in North Korea-tied IT job scam

US prosecutors arrested an American woman and a Ukrainian man for aiding North Korea-linked IT workers in obtaining remote-work jobs at hundreds of US firms, including Fortune 500 companies and banks, and stealing identities to generate revenue for North Korea in violation of sanctions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/a8UWc3C
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Friday, May 17, 2024

Do you want to exchange torn, imperfect or soiled currency notes? Here’s what you can do

Individuals in India can exchange damaged currency notes at any bank branch following varying rules based on the notes' condition and quantity. The process includes exchange limits and procedures for mutilated, soiled, and extremely damaged notes, with service charges as per RBI guidelines.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yThleUp
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IAS-turned-IT veteran Vineet Nayyar dies at 85

Vineet Nayyar, former vice-chairman of Tech Mahindra, passed away at 85. An IAS officer, he led Tech Mahindra to $3 billion revenue and 90,000 employees in FY14. Anand Mahindra praised his transition from public to private sector. Nayyar also founded Gas Authority of India and was CEO of HCL Perot Systems, with a decade-long tenure at the World Bank.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qdtZOiA
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