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Cherise unveils smart tea vending kiosks to revolutionise tea consumption in India

Jul 12, 2021

New Delhi, July 12, 2021: In a bid to bring a change in tea consumption pattern in India, startup venture Cherise India Private Limited has unveiled their IoT & Android-based tea vending machines that have their own proprietary Cherise IoT dashboard and app for monitoring the operations. The machine has a wide portfolio of farm fresh teas,…

Intellicus gains recognition from Great Place to Work Institute as one of India’s Top 50 Mid-Size…

Jul 12, 2021

New Delhi, 12th July, 2021: Strengthening its position as one of India’s best workplaces, Intellicus Technologies Pvt. Ltd. - a leading data engineering and business intelligence (BI) product company, has been ranked amongst the Top 50…

Business

Money Market Operations as on July 09, 2021

Jul 12, 2021

Money Market Operations as on July 09, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Directions u/s 35A read with section 56 of the Banking Regulation Act, 1949 – Sri Guru Raghavendra…

Jul 11, 2021

The Reserve Bank of India issued Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive…

National

CGST officials bust network of 23 firms for claiming input tax credit of Rs 91 crore

Jul 11, 2021

Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit…

Business

Sovereign Gold Bond Scheme 2021-22 Series IV – Issue Price

Jul 10, 2021

In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series IV will be open for subscription for the period from July 12 - 16, 2021. The nominal value of…

Business

Indicative Calendar of Market borrowings by State Governments/ Union Territories for the Quarter…

Jul 9, 2021

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter July - September 2021, is expected to be…

Business

Temasek and Warburg Pincus Join Bhavish Aggarwal for a $500M Investment ahead of Ola’s IPO

Jul 9, 2021

National, Jul 9, 2021: Ola, the world’s leading mobility platform, today announced that Temasek and Plum Wood Investment Ltd, an affiliate of Warburg Pincus, a leading global private equity fund focused on growth investing, are partnering…

Business

Results of Underwriting Auctions Conducted on July 09, 2021

Jul 9, 2021

In the underwriting auctions conducted on July 09, 2021 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission…

National

Response from Ministry of Finance on reports relating to freezing of Indian assets in France

Jul 8, 2021

There have been news reports that Cairn Energy has seized/ frozen State owned property of Government of India in Paris. However, Govt. of India has not received any notice, order or communication, in this regard, from any French Court.…

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