Banking
RBI: ₹1,000 withdrawal cap on Deccan Urban Co-op Bank for 6 months
Karnataka-based Deccan Urban Co-operative Bank Ltd has been barred by the RBI for granting new loans or accepting deposits. The…
Banking
Markets
Gold prices today down at 8-month lows after falling for 6th day in a row
Gold prices in India are down about 8 per cent or 4,000 per 10 gram so far this year after…
Policy
President Biden administration passes US Immigration bill, cuts down waiting period for green card
The new US Immigration bill was presented to Congress on Thursday which aims to get rid of visa backlogs for…
Funding
Here is what you need to know regarding Party Cruisers IPO, that no one is taking about
Party Cruisers is a wedding and event management company founded in 1994 and Mr. Zuzer Hatim Lucknowala and Mrs. Rachana…
Funding
RailTel IPO closes today
RailTel Corporation of India IPO opened for subscription on Feb 16, 2021 and is all set to close down on…
Markets
Chinese cancer screening firm soars 185% in Hong Kong IPO debut
Chinese cancer screening biotech firm New Horizon Health Ltd. soared 185% on its Hong Kong debut, the latest initial public…
Finance
SEBI relaxes IPO norms, makes way for LIC listing
The Securities and Exchange Board of India (SEBI) on Wednesday relaxed minimum public offer norms. According to the new norms…
Forex
Bitcoins crosses $51,000 mark for the first time since its initial release
The notoriously famous crypto-currency known and loved by many as Bitcoins has increased almost 6% on Feb 17, 2021 and…
Banking
Citibank’s “biggest blunder in banking industry”; can’t recover $500 million paid by mistake to Revlon lenders
Citibank won’t be allowed to recover almost $500 million it mistakenly paid to cosmetic company Revlon’s lenders, a US Court…
India
RailTel IPO subscribed 1.57 times on the first day
The RailTel Corporation of India IPO was opened for subscription today and on the first day of the bidding was…
Funding
India to see $500-billion investment in renewables by 2030: IEEFA report
India is set to see investments of around $500 billion in the renewables sector by 2030 to meet its 450…
Banking
Few banks including Central Bank of India shares gain over 10%, each on potential privatization
Shares of Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank of India gained more than 10…