Page 148 - Latest News

Not looking to raise funds right now, says Physics Wallah co-founder

Reports surfaced recently that the company was planning to raise $250 million in fresh funding, seeking a $3.3 billion valuation. However, Maheshwari denies that

Cabinet gives approval to Indian Space Policy, 2023; lays roles for Isro

The government had earlier opened up the space sector for the private sector to help boost development of the segment

Govt imposes gas price caps, accepts key suggestions of Kirit Parikh panel

Amends pricing regime; accepts key suggestions of Kirit Parikh panel

Centre notifies committee on pension schemes for govt employees

The panel will devise its own procedure and mechanism, including consulting with the states, to arrive at its recommendations

CBIC waives interest charges on EXIM traders due to payment woes

Besides, since importers are not able to clear their goods at the ports, the CBIC has urged shipping lines to waive detention and demurrage charges till April 10

Delhi mayor inspects slum dwellings, asks officials to renovate dhobi ghat

The mayor directed that an FIR be filed against those who damaged the MCD property and said gates should be installed at all public parks, the MCD said

Vedanta arm Zinc International in talks with global banks for $1.25 billion

Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm

SP Group firm to raise $1 billion to repay debt, fund India operations

Armada 98/2 Pte had raised Rs 6,600 cr from Indian banks to fund its operations off the coast of Andhra Pradesh to ONGC

Indian government forms panel to review pension system, says FinMin

The Indian government has formed a panel to review the country's pension system and discuss whether changes are warranted, the finance ministry said on Thursday

'Veer Mata', 'Veer Pita' identity cards for parents of martyrs in Rajasthan

The decision was taken at a meeting of the Sainik Kalyan Board chaired by Governor Kalraj Mishra at the Raj Bhawan here

Vijayawada Railway Division logs highest gross earnings at Rs 5,306 cr

Gross earnings rose by 66 per cent when compared to fiscal 2021-22 while the Division's previous best of Rs 5,136 crore was logged in 2018-19

Taxi to Take Off: Air India says Phase 1 of its transformation complete

First phase focused on addressing legacy issues, strengthening fleet, upgrading systems and hiring

RBI rate pause: Lock into best available FD rates, and ladder your bets

Debt MFs investing in quality papers and having average maturity of three-five years are good bets

Mutual fund AUM surges 5% in FY23; SBI widens lead, shows data

The industry growth in FY23 was much lower than that of FY22, when the AUM grew over 20 per cent on the back of a strong market rally and record fresh investments

Sebi clarifies on shareholders' approval for directors appointment on board

However, relaxation has been provided to the listed public sector companies from strict compliance with the requirement of three months' time

Sebi asks investment advisers to display info prominently in advertisements

This information should also be there in publications, Know Your Client (KYC) forms, client agreements, statements and in any other form of correspondence with the client

RBI to come out with centralised web portal to search unclaimed deposits

"We expect the portal to be ready in 3-4 months," said M Rajeshwar Rao, deputy governor, RBI

NSE, BSE to move Adani Green to long term additional surveillance 1st stage

In two separate circulars, the bourses said Adani Green Energy will continue in the framework but will be moved to respective lower stage ASM from April 10

Reserve Bank of India goes for a hawkish pause

The RBI has paused because it wants to evaluate the cumulative impact of the past rate hikes

Go Digit General Insurance re-files preliminary IPO papers with Sebi

This came after Sebi returned Go Digit's draft IPO (Initial Public Offering) papers on January 30 and asked the company to refile the documents with certain updates