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

Zoom announces new feature ‘Focus Mode’ to help teachers reduce distraction for students

Aug 13, 2021

Washington , August 13 The popular American video teleconferencing software- Zoom has introduced a new feature named 'Focus Mode' in order to help teachers reduce distractions for students. COVID-19 pandemic has indeed narrowed down the communication options and one of such is the teacher-student communication mode. There wouldn't be any student…

ARCI signs know-how transfer Agreement with Allox Minerals for battery-grade Cathode Material…

Aug 13, 2021

A new indigenous technology for the production of cathode material for Lithium-ion Batteries (LiBs) may soon make such batteries for electric vehicles cheaper. The cost of cathode materials contributes significantly towards the overall cost…

Business

Result of the 14-day Variable Rate Reverse Repo auction held on August 13, 2021

Aug 13, 2021

Result of the 14-day Variable Rate Reverse Repo auction held on August 13, 2021 Tenor 14-day Notified Amount (in ₹ crore) 2,50,000 Total amount of offers received (in ₹ crore) 4,59,965…

Business

JB Chemicals & Pharmaceuticals Limited (JBCPL) Records Revenue growth of 16 % to Rs. 606 crores…

Aug 13, 2021

Mumbai, India; August 12, 2021 – J. B. Chemicals & Pharmaceuticals Limited (JBCPL), one of the fastest growing pharmaceutical companies in India, announced its financial results for the first quarter ended 30th June, 2021. Quarterly …

Business

Results of Underwriting Auctions Conducted on August 13, 2021

Aug 13, 2021

In the underwriting auctions conducted on August 13, 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 August 12, 2021

Aug 13, 2021

Money Market Operations as on August 12, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

RBI imposes monetary penalty on Village Financial Services Limited, Kolkata

Aug 13, 2021

The Reserve Bank of India (RBI) has, by an order dated August 11, 2021, imposed a monetary penalty of ₹5 lakh (Rupees Five Lakh only) on Village Financial Services Ltd, Kolkata (the company), for non-compliance with certain provisions of…

Business

RBI imposes monetary penalty on Cooperatieve Rabobank U.A.

Aug 12, 2021

The Reserve Bank of India (RBI) has imposed, by an order dated August 11, 2021, a monetary penalty of ₹1 Crore (Rupees One Crore only) on Cooperatieve Rabobank U.A. (the bank) for contravention of provisions of Section 11 (2) (b) (ii) of…

Automobile & Aviation

Passenger vehicle wholesales in India rise 45 pc in July: SIAM

Aug 12, 2021

New Delhi, Aug 12: Passenger vehicle wholesales in India increased by 45 per cent to 2,64,442 units in July against 1,82,779 units in the same month last year, auto industry body SIAM said on Thursday. According to the latest…

Business

Underwriting Auction for sale of Government Securities for ₹31,000 cr on August 13, 2021

Aug 12, 2021

The Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on August 13, 2021. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum…

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