French carmaker Groupe PSA Citroen planning lighter retail presence
Citroen has been popularising its format titled phygital -- a portmanteau of physical and digital -- to signify its technological advances in showroom experience for customers. Citroen is expected to offer kiosks with large screens showing how the cars would look with different accessories, and offer options on insurance, service contracts, accessories and others on a digital platform accessible across devices.
Sebi relaxes group exposure limit for MFs
A circular about the 10 per cent limit was issued by Sebi on October 1, 2019.
Piramal Group, IIFL Wealth Management create Rs 2,000 cr fund for realty projects
Real estate sector is facing multi-year slowdown, especiall...
SFIO begins probe against CG Power and Industrial Solutions, 15 group firms
The company had in August said that an investigation instituted by its board had found major governance and financial lapses, including some assets being provided as collateral and the money from the loans siphoned off by "identified company personnel, both current and past, including certain non-executive directors".
CDC Group makes $36 million equity investment in Ecom Express
Warburg Pincus-backed Ecom Express is a tech-enabled Indian logistics company.
Kim Woo-choong, founder of Daewoo business group, dies
Born in 1936, when a single Korea was under Japan's 35-year colonial rule, Kim started as a textile salesman and built Daewoo Corp. in 1967. The company later grew into South Korea's second-largest business empire, producing everything from cars, ships, TV sets, refrigerators and other electronics to clothes.
TikTok owner has a new music app for India - Resso
Record companies credit TikTok with minting a new generation of music stars, including Lil Nas X, the singer of “Old Town Road.” As it has attracted hundreds of millions of users with their music, however, those companies are now demanding ByteDance increase the licensing fees it pays.
Duggal may be chairman of Shriram Group Companies, again
Shriram Capital is the holding company for the financial services and insurance entities of the Shriram Group.
How evolving ESG disclosure rules are altering investment dynamics
Much progress has been made in this area, but there is still some way to go.
Growth, rather than asset quality biggest challenge for SBI: Siddharth Purohit, SMC Global Securities
In the next two quarters, the provisioning will be higher for SBI.
There is no question of SBI helping out YES Bank: CFO
Any talk about SBI helping out YES Bank is just speculation. There is no truth in any of these talks. Any reluctance on the part of the bankers to lend has more to do with demand. Bankers are becoming more risk conscious, not risk averse. The way things are happening, gradually we are becoming more cautious about understanding the risk.
Ujjivan Small Finance Bank to make stock market debut on Thursday
Microfinance lender Ujjivan Financial Services is the holding company of Ujjivan Small Finance Bank.
Richard Branson to meet Maharashtra CM on Hyperloop project tomorrow
“When there is a change in administration and you’ve a big project going on, it is important to have a courtesy call. Uddhav Thackeray and the various coalition people that he has around them need to meet people who are doing big projects or those wanting to do big projects in their state,” said Branson, the founder of the diversified conglomerate Virgin Group.
$3 billion manager bets on India's beleaguered financial sector
The firm aims to eventually attract $1 billion from funds globally to invest in India.
ReNew Power partners with GS E&C to execute solar project in Rajasthan
The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV auctions concluded earlier this year.
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