Jungle Camps India sets ₹68-72 price band, IPO opens Dec 10
Business Standard|December 05, 2024
Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges, on Wednesday announced a price band of ₹68-72 per share for its initial public offering (IPO), which will open on December 10 and close on December 12.

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The underlying slowdown in growth is due to inflation
Business Standard

The underlying slowdown in growth is due to inflation

Reserve Bank of India (RBI) Governor Shaktikanta Das, along with Deputy Governors Michael Patra, M Rajeshwar Rao, Swaminathan J and T Rabi Sankar, responded to a range of questions during a post-policy media interaction. Excerpts:

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3 minutos  |
December 07, 2024
Hike in FCNR(B) deposit rate may have limited impact on flows
Business Standard

Hike in FCNR(B) deposit rate may have limited impact on flows

The Reserve Bank of India's (RBI's) decision to raise the interest rate ceilings on foreign currency non-resident bank [FCNR(B)] deposits is expected to have a limited impact on attracting inflows.

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2 minutos  |
December 07, 2024
AI tool MuleHunter to tackle financial fraud
Business Standard

AI tool MuleHunter to tackle financial fraud

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model, MuleHunter.ai, to address the growing issue of mule bank accounts that are often used for committing financial fraud.

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1 min  |
December 07, 2024
Business Standard

Small finance banks can now offer pre-sanctioned credit line on UPI

The RBI on Friday allowed small finance banks to offer pre-sanctioned credit lines through Unified Payments Interface (UPI).

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1 min  |
December 07, 2024
CRR cut to improve lenders' margins, may lift credit growth
Business Standard

CRR cut to improve lenders' margins, may lift credit growth

The Reserve Bank of India's (RBI's) decision to cut the cash reserve ratio (CRR) by 50 basis points, injecting liquidity of ₹1.16 trillion into the banking system, is expected to reduce costs for banks and provide a much-needed boost to credit offtake, which has slowed in recent months.

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2 minutos  |
December 07, 2024
A policy addressing market microstructure
Business Standard

A policy addressing market microstructure

The Monetary Policy Committee (MPC) kept the rates and policy stance unchanged.

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2 minutos  |
December 07, 2024
Business Standard

No signs of stress across Adani group entities: JP Morgan

Global brokerage JP Morgan has assigned 'overweight' rating to four Adani group bonds and has ruled out \"any signs of stress\" across the key listed entities of the conglomerate saying most of them have leverage less than 5 times.

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1 min  |
December 07, 2024
Business Standard

Tata Power eyes 40 mn customer base by 2030

Sinha was addressing the media at Tata Power's newly built 4.3 Gw solar module and cell manufacturing facility in Gangaikondan near Tirunelveli, Tamil Nadu.

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1 min  |
December 07, 2024
Business Standard

LG Electronics latest to test India's IPO market

In India, LG Electronics is the largest home appliances and consumer electronics player after Samsung India Electronics.

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1 min  |
December 07, 2024
Ceat set to acquire Camso for $225 mn
Business Standard

Ceat set to acquire Camso for $225 mn

Ceat, an RPG Group company, on Friday announced that it had entered into an agreement with global tyre company Michelin to acquire the Camso brand's Off-Highway construction equipment bias tyres and tracks business.

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2 minutos  |
December 07, 2024