The meetings come in the wake of the Paytm Payments Bank crisis triggered by the Reserve Bank of India ordering the banking unit of digital payments firm Paytm to wind down operations due to “persistent non-compliances and continued material supervisory…
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The current divestment is in-line with the management strategy of restructuring East Africa operations, where it has relatively low profitability, per analysts.
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The delegation, led by Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh, engaged in productive discussions with high-ranking government officials in Singapore and participated in investor roundtables on Monday.
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Kotak Mahindra Bank has announced that KVS Manian has been re-designated as the Joint Managing Director with effect from March 1, 2024. Federal Bank had reportedly shortlisted Manian as a CEO candidate.
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Vibhor Steel Tubes IPO: The stock opened at Rs 425 on the NSE and Rs 421 on the BSE against the issue price of Rs 151
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Analysts expect demand to remain strong but growth rate in revenue will come down because of the high base in FY24. There will also be some pressure in terms of slow recovery in foreign tourist arrivals.
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