MANAGEMENT OF TEMPLES
Cabinet to take up proposal to amend Disaster Management Act
The 2005 Act mandates creation of new institutions and assignment of specific roles for Central, state and local governments. Under provisions of the Act, the NDMA has been established under the chairmanship of the prime minister and National Executive Committee (NEC) of Secretaries has been created to assist the NDMA in the performance of its functions.
Induslnd Bank launches wealth management platform
Tts wealth management platform Pioneer Banking, which caters to high net-worth customers.
Samsung moves India's managing director Hong to Latin America region
The change in Indian operation comes on the heels of Samsung rejigging i...
As 3D imaging ends, conservation of 43 temples in KV Dham to begin
According to temple authorities, a provision of Rs 6 crore has been made for restoration of temples which will be completed with the KV Dham project by June 2021.
Insolvency against Raheja Developers halted, Board to manage
The developer had moved the appellate tribunal after the National Company Law Tribunal (NCLT) held the company to be in default of its obligations to two home buyers who had approached the tribunal.
Amateur investors are making risky bets that could wipe them out
Investors are trying to make up for yields by getting into markets they aren’t familiar with.
Fund manager who predicted Operation Twist says govt can’t ignore FIIs
Market can only handle more borrowing if more foreign investors are allowed to participate.
Brookfield may buy majority stake in IndoStar
Deal likely at about 10% premium to the current market price of the finance company
Fund house indulging in NAV management?
That’s what some rivals think going by the activity in some of its top midand small-cap stock holdings.
SpiceJet to strengthen management team as Shilpa Bhatia set to rejoin
Bhatia has been with SpiceJet as its chief of sales and revenue for few years before moving to IndiGo as its chief sales and revenue officer last year. She quit the firm this month. "We are expecting her to join in February" a person aware of the matter who did not wished to be named said, "There are likely to be some other shuffle too including reporting changes."
At least 18 dead, hundreds hurt as quake hits eastern Turkey
Thirteen people were killed in Elazig and five more in the neighbouring province of Malatya, Health Minister Fahrettin Koca said after rushing to the region with other ministers to oversee the rescue operation.
69% of routine work currently done by managers will be completely automated by 2024: Gartner
"Currently, managers often need to spend time filling in forms, updating information and approving workflows. By using AI to automate these tasks, they can spend less time managing transactions and can invest more time on learning, performance management and goal setting," Helen Poitevin, research vice- president at Gartner, said.
Shriram Transport Finance NCD manages to just scrape through
Shriram Transport’s latest NCD issue was rated AA+, an investment grade level one notch below the highest AAA. While retail investors put in Rs 179 crore, HNIs put in Rs 30 crore. These NCDs offered interest rates between 8.5 per cent and 9.1 per cent depending on their tenures. Earlier in January, the Rs 2,000-crore NCD issue of Tata Capital Housing Finance was lapped up by investors.
Fund managers expect global growth to rise
“Investors are bullish, but not euphoric,” said Michael Hartnett, chief investment strategist at BofA.
Nippon Life India Asset Management Q3 PAT up 36% at Rs 149 crore
The company's total income dropped to Rs 360.64 crore during the October-December quarter .
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