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Govt issues notification for Indian firms to list on GIFT City’s exchanges

Jan 24, 2024

New Delhi, Jan 24 (IANS) The government on Wednesday issued a notification allowing the direct listing of shares of Indian companies at GIFT City's exchanges. According to the Finance Ministry notification, the eligible exchanges are India International Exchange and NSE International Exchange.The much-awaited direct listing of stocks at the…

Games24x7 Foundation unveils ‘Wheels of Change’ on National Girl Child Day

Jan 24, 2024

New Delhi, Jan 24 (IANS) Games24x7 Foundation, the non-profit arm of Games24x7, one of India's largest online skill gaming company, is reshaping the landscape of education for underprivileged girls with the launch of 'Wheels of Change' on…

Business

Canara Bank posts 27% jump in net profit for Oct-Dec quarter

Jan 24, 2024

Mumbai, Jan 24 (IANS) Canara Bank on Wednesday reported a 26.87% increase in net profit to Rs 3,656 crore for the October-December quarter of the current financial year compared to the corresponding figure of Rs 2,881.5 crore in the same…

Business

PLI, GST exemption on budget wishlist of Indian Space Association

Jan 24, 2024

Chennai, Jan 24 (IANS) Production linked incentive (PLI) scheme for space grade components, exemption from good and services tax (GST), tax holiday, concessional custom duty, lower tax rate on external commercial borrowing and others are on…

Business

Adani Group to invest in various public sectors of Nepal: Minister

Jan 24, 2024

Kathmandu, Jan 24 (IANS) Nepal Finance Minister Ram Sharan Mahat has said that Adani Group will invest in various public sectors in Nepal including airports and energy sector. “The founder and chairman of the Adani Group, Gautam Adani had…

Business

Family companies are experiencing heir loss: Report

Jan 24, 2024

New Delhi, Jan 24 (IANS) Family companies are the hidden engines of the global economy. More than 90 per cent of all companies are family companies. These include many of the world’s biggest organisations such as LVMH Moet Hennessy Louis…

Business

Fintech firm Brex cuts 20% of jobs in restructuring exercise

Jan 24, 2024

San Francisco, Jan 24 (IANS) US-based fintech company Brex has laid off about 20 per cent of its workforce, or 282 employees, in a restructuring exercise."Today we’re restructuring Brex to become a high-velocity company. Sadly as part of…

Business

India’s business activity surges to 4-month high at start of 2024: HSBC survey

Jan 24, 2024

New Delhi, Jan 24 (IANS) India's business activity surged to a four-month high in January with both manufacturing and services recording a robust growth, according to a private sector survey released on Wednesday. HSBC's flash India…

Business

Dream Sports-backed cricket NFT platform Rario winds up current product

Jan 24, 2024

New Delhi, Jan 24 (IANS) Cricket non-fungible token (NFT) platform Rario has announced to shut down its current product from January 29, and will launch a new product by March. The first test match between India and England will be the last…

Business

Sensex gives up morning gains of more than 400 points led by losses in Axis Bank

Jan 24, 2024

New Delhi, Jan 24 (IANS) Indian markets gave up morning gains on Wednesday after private sector banks came under selling pressure. BSE Sensex which was up more than 400 points in the morning is now flat at 70,369.59 points. Axis Bank…

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