Fidelity Cuts Value of Twitter Stake by 56%
According to the investment firm’s monthly disclosure on Friday, Fidelity funds slashed the value of its Twitter stake by 56% in November, as the social...
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Sebi Bans DS Capital Venture, its Directors from Securities Markets for 3 Years
Capital markets regulator Sebi has banned DS Capital Venture and its directors from the securities market for three years for violating regulatory norms. DS Capital...
More than 1.5 Lakh Ayushman Bharat Centers Operative before December 31: Health Ministry
In noteworthy attainment firming the country’s health infrastructure, India has exceeded a notable landmark, as 1.5 lakh Ayushman Bharat Health and Wellness Centres (AB-HWCs) have...
Fed Reverse Repo Capacity Hits Record $2.554 Trillion
The New York Fed mentioned that its reverse repo ability took in $2.554 trillion in cash from money market funds and other entitled financial firms,...
Tata Motors to Complete Acquisition of Ford India’s Manufacturing Plant in January
On Friday, Tata Motors said that the acquisition of Ford India’s manufacturing plant in Sanand through its subsidiary will be completed by January 10, 2023....
Adani Group Acquires NDTV Promoters’ Additional 27.26% Stake for Rs 602 Crore
After founders Prannoy Roy and Radhika Roy sold a 27.26% stake in NDTV to an Adani unit for Rs 602 crore in several block deals,...
RBI Launches Utkarsh 2.0 for the Period 2023-2025
On December 30, RBI Governor Shaktikanta Das launched Utkarsh 2.0, the second phase of the central bank’s medium-term strategy to strengthen the regulatory regime. “Utkarsh...
BSE Appoints Sundararaman Ramamurthy as MD & CEO W.e.f January 4, 2023
Mr Sundararaman Ramamurthy is appointed as the Managing Director and chief executive officer (CEO) Bombay Stock Exchange (BSE) with effect from January 4, 2023, as...
TAFE Acquires Interior Systems Unit of French Automotive Supplier
On Friday, Tractor and farm equipment maker TAFE Ltd said it had acquired FAURECIA, the interiors business group of French global automotive supplier FORVIA, for...
IDBI MF Signed to Transfer Schemes to LIC MF
IDBI Mutual Fund, initiated by IDBI Bank, has agreed with LIC Mutual Fund to move its scheme to the final stage, the bank said. The...