The Reserve Bank of India has called in senior Yes Bank executives after a major security incident involving the Yes Bank–BookMyForex multi-currency forex card. According to reports, card numbers and CVV details of numerous customers may have been exposed. The…
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Shapoorji Pallonji Group is set to raise approximately ₹25,000 crore through a bond issue. This fundraising effort, planned for early April, is expected to have a lower pricing than previous borrowings. Improved prospects for asset sales and a potential settlement…
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Oyo parent PRISM has appointed Ajay Tyagi to its board as an independent director. Tyagi is a former chairman of SEBI, India’s capital markets regulator. He brings extensive experience in financial policy and corporate governance. His background includes significant roles…
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India’s market regulator is intensifying its watch on stockbrokers’ dealing rooms. This move aims to curb front running, a practice where employees exploit insider knowledge of large trades for personal gain. Authorities are investigating how trades are initiated and executed,…
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India’s economy is poised for robust growth, with expectations of a 7.4% expansion in the December quarter. Festive season demand and Goods and Services Tax adjustments are fueling this positive trend. Economists anticipate continued resilience amid global challenges, with domestic…
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According to data compiled by JLL, 91 per cent of companies are now piloting AI in office and workplace use cases, a sharp jump from less than 5 per cent in 2023.
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