The Committee of Creditors (CoC) of Reliance Capital (RCAP) is scheduled to meet on Friday to decide on the newly-introduced clause, Challenge Mechanism, in the final binding process.
Home finance company Housing Development Finance Corporation Ltd (HDFC) closed the Q2FY23 with a higher net profit of Rs 4,454.24 crore.
Adani Total Gas Ltd (ATGL), India’s leading City Gas Distribution company, announced its operational and financial performance for the half-yearly and quarter ending on September 30, 2022.
Growing gold/MSME loan business, launching proprietary credit cards, and increasing bancassurance tie-ups are some of the focus areas of DBS Bank India Ltd, said a senior official.
The US Federal Reserve has announced another interest hike of three-fourths of a percentage point, the fourth such hike in its continuing efforts to cool the economy and curb inflation.
The oath was administered by Lieutenant Governor V.K. Saxena and the ceremony was attended by Chief Minister Arvind Kejriwal and Chief Secretary Naresh Kumar.
Nasdaq-listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth. According to Cognizant, the revenue for Q3 went up to about $4.9 billion up from about $4.7 billion in Q3 2021.
Nearly 65 per cent of Indian firms are currently employing gig workers, a higher share compared to 57 per cent in 2020, a Nasscom report said on Thursday. However, while the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).
Indian power generators in general and renewable companies, in particular, will benefit from the counterparty shift to commercial and industrial (C&I) customers from weak state-owned distribution companies, said Fitch Ratings.
Bharti Airtel and Qualcomm have already collaborated for accelerating 5G in the country. Airtel and Qualcomm are enabling a wide array of use cases, including 5G Fixed Wireless Access (FWA) which is designed to deliver broadband connectivity at Gigabit speeds to homes and businesses.
