Page 5 - Bs Reporter

New age firms in payment space reluctant to comply with rules at times: Das

The payments landscape in India has evolved into a state-of-the-art system that is affordable, accessible, convenient, fast, safe and secure, said RBI governor

HCLTech joins Intel foundry services accelerator design services alliance

The development has opened an opportunity for HCLTech and IFS to collaborate and accelerate the adoption of IFS' cutting-edge technologies

RBI imposes fine of Rs 5,00,000 on HDFC over transfer of deposits

Reacting to the penalty imposed by the central bank, HDFC Ltd said, it will take necessary steps to comply with the directions

GQG Partners trims its stake in HDFC AMC from 5.33% to 2.76%

Shares of HDFC AMC last closed at Rs 1,677. The stock is down 13 per cent in the past six months. GQG was recently in news for its $1.9 billion share purchase of four Adani group stocks

Invesco Mutual Fund launches two target maturity debt index funds

The funds will invest between 95 per cent and 100 per cent of its net assets in government securities

JP Morgan revises Reliance Industries stock target price, sees 33% uptick

The brokerage said it sees continued strength in the refining business, a likely rebound in petrochemical spreads from decadal low levels from China re-opening

Financial security of family tops life goal of 74% people in South India

The Bajaj Allianz Life India's Life Goals Preparedness Survey 2023 identifies the life Goals and aspirations of Indians

myTVS selects Oracle cloud applications to improve business processes

Applications will improve the speed and quality of decisions, says TVS Mobility group company

Biyani withdraws resignation from post of exec chairman, director of FRL

The letter was received by the by resolution professional through e-mail on Tuesday

Stock exchanges freeze promoter shareholding of Patanjali Foods

Action after co fails to meet 25% public float

Google is not just dominant but 'super dominant', CCI tells NCLAT

Argues that competition law puts onus on Google not to abuse its dominant position and not allow its conduct to impair genuine undistorted competition

RBI, UAE central bank sign MoU on interoperability of their CBDCs

Move is expected to reduce costs, boost efficiency of cross-border dealings and strengthen economic ties between India and UAE

Central Banking publication names Shaktikanta Das governor of the year

It says Das faced many challenges; he was a 'voice of calm' amid Covid-19 crisis

Global Surfaces IPO subscribed 12.2 times on strong HNI, retail interest

The rich investor portion was covered 33 times compared with 5.1 times for the retail participant; QIB portion was muted at 9%

One Impression raises $10 mn in series A led by South Korean firm KRAFTON

Firm to expand its offerings, grow presence in globally; It already transacts with several creators, from top celebs to nano influencers, generating 100,000 pieces of content for more than 500 brands

Divgi TorqTransfer stock rise; Global Surfaces offer gets fully subscribed

The IPO of Global Surfaces garnered full subscription on Tuesday, a day before its close

All Adani stocks end in red amid weakness in market, 6 hit lower limit

Overall, the ports-to-power conglomerate's market value fell by Rs 44,296 crore to Rs 8.93 trillion

Loan disbursals by digital lenders double in Q3 amid new RBI norms: Report

Data for quarter shows customers' trust and preference for fintech lending, says association

Firms that didn't sign Google contracts became extinct, says CCI

Google's alleged anti-competitive agreements prohibited original equipment manufacturers from producing a version of the OS that had not been approved as Android-compatible by Google

CIO Round Table: 'Debt returns are offering competition to equities'

On the earnings side, the macro drivers are positive. We expect the earnings growth to continue, says SBI Mutual Fund CIO R Srinivasan