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Business & economy, industries, companies, technologies and MNCs – News

Ahead of Yoga Day, ISKCON & Bada Business announce webinar, on ‘Business Yoga with Bhagavad Gita’

Jun 18, 2021

India, June 18, 2021 : India-born Ed-Tech start-up Bada Business, known to offer the most affordable entrepreneurship training programs in the world, is conducting a free webinar, called ‘Business Yoga with Bhagavad Gita’, for the youth from across the world, on June 20th, Sunday, from 12 PM – 2 PM, in association with ISKCON. Coinciding with the…

RBI imposes monetary penalty on Municipal Co-operative Bank Limited, Mumbai

Jun 18, 2021

The Reserve Bank of India (RBI) has imposed, by an order dated June 18, 2021, a monetary penalty of ₹2 lakh (Rupees Two lakh only) on Municipal Co-operative Bank Limited, Mumbai (the bank) for non-compliance with the directions issued by…

Business

RBI imposes monetary penalty on Aman Sahakari Bank Ltd., Ichalkaranji

Jun 18, 2021

The Reserve Bank of India (RBI) has imposed, by an order dated June 18, 2021, a monetary penalty of ₹3 lakh (Rupees Three lakh only) on Aman Sahakari Bank Ltd., Ichalkaranji (the bank) for contravention of the instructions contained in…

Business

Result of the 14-day Variable Rate Reverse Repo auction held on June 18, 2021

Jun 18, 2021

Result of the 14-day Variable Rate Reverse Repo auction held on June 18, 2021 Tenor 14-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 2,38,750 Amount…

Business

Results of Underwriting Auctions Conducted on June 18, 2021

Jun 18, 2021

In the underwriting auctions conducted on June 18, 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 payable to…

Business

Money Market Operations as on June 17, 2021

Jun 18, 2021

Money Market Operations as on June 17, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

IBM Collaborates with 30 Organizations to Re-Skill & Connect the Workforce with Real Career…

Jun 18, 2021

INDIA, June 17, 2021– At VivaTech today, IBM CEO, Arvind Krishna announced a new partnership with 30 global organizations including governments, community colleges, non-profits, and employment agencies, focused on improving underserved…

Business

BRICS CCI hosts a webinar on Investment Opportunities in India and Brazil

Jun 17, 2021

New Delhi, June 17, 2021: The BRICS Chamber of Commerce & Industry virtually organized a webinar on Investment Opportunities in India and Brazil: Interactive Session on Innovation and Growth. Key note speakers of the event were Mr.…

Business

Conversion/Switch of Government of India (GoI)’s Securities

Jun 17, 2021

The Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹10,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction…

Business

G-sec Acquisition Programme (G-SAP 1.0) – Third Tranche of Open Market Purchase of Government of…

Jun 17, 2021

Total amount notified (₹ in crore): Aggregate amount of ₹40,000 crore (no security-wise notified amount) A. Government Securities Security 6.97% GS 2026 6.79% GS 2027 7.17% GS 2028 7.59% GS 2029 5.85% GS 2030 6.64% GS 2035…

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