Month: March 2023

Clipped from: https://www.business-standard.com/article/companies/top-10-most-valued-firms-post-rs-2-09-trn-loss-in-market-capitalisation-123031900307_1.html Corporate major Reliance Industries’ m-cap plunged Rs 67,722.33 crore to Rs 15,04,001.93 crore Market capitalisation (m-cap) of the top-10 most valued companies eroded by over Rs

Clipped from: https://www.business-standard.com/article/opinion/leadership-position-123031900898_1.html Large IT firms are witnessing changes at the top A surprise change of the guard at Tata Consultancy Services (TCS) is unlikely to affect continuity

Clipped from: https://www.business-standard.com/article/companies/clarity-on-dispensation-likely-closer-to-hdfc-hdfc-bank-merger-date-123031900587_1.html The Reserve Bank of India (RBI) is likely to take a call on the relaxations sought by HDFC Bank in relation to the merger, as

lipped from: https://www.business-standard.com/article/finance/amid-us-banking-turmoil-indian-swaps-point-to-less-aggressive-rbi-123031900673_1.html The fall in OIS rates mirrored a decline in the 10-year US bond yield, which plunged close to 40 bps after the collapse

Clipped from: https://www.business-standard.com/article/international/ubs-offers-to-buy-credit-suisse-for-up-to-1-billion-says-report-123031900644_1.html UBS had earlier tabled an offer of about $1 billion, or 0.25 francs a share for Credit Suisse, which the firm had pushed

Clipped from: https://www.business-standard.com/article/opinion/lesson-for-india-from-silicon-valley-bank-collapse-123031900499_1.html The rules of the games are not the same on the US and Indian banking turfs but if risks are mispriced, the fallout

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fintechs-seem-to-be-adapting-well-to-rbi-guidelines/article66627461.ece Loans disbursed from digital lenders have seen a rise in Q3 of FY23 Digital lending is set to surpass traditional lending by 2030

Clipped from: https://www.thehindubusinessline.com/opinion/reras-structural-defects/article66628211.ece Rules for rectifying building problems unclear As per RERA, a promoter is responsible for rectification of a structural defect or any other defect

Clipped from: https://www.thehindubusinessline.com/info-tech/openai-opens-subscriptions-for-gpt-4-in-india/article66630472.ece At $20 a month, the subscription attracts a tax of $3.60 OpenAI, the US-based Regenerative AI firm that created Internet sensation ChatGPT, has

Clipped from: https://www.business-standard.com/article/current-affairs/it-department-launches-ais-application-for-taxpayers-full-details-here-123031700491_1.html The income Tax Department launches an AIS application for taxpayers aiming to provide each transaction information taxpayers and accept their feedback There is

Clipped from: https://www.business-standard.com/article/current-affairs/one-third-of-world-s-population-suffers-from-sleep-disorders-experts-123031700654_1.html About one-third of the people in the world suffer from sleep disorders which is mainly caused by a sedentary lifestyle, medical experts said

Clipped from: https://www.business-standard.com/article/technology/openai-announces-its-subscription-service-chatgpt-plus-in-india-123031700646_1.html A subscription enables a customer to use ChatGPT even during peak usage hours, as well as to receive faster responses and priority access

Clipped from: https://www.business-standard.com/article/economy-policy/banking-system-remains-stable-resilient-rbi-governor-shaktikanta-das-123031701006_1.html RBI governor Das cautions banks against any build-up of asset-liability mismatches Reserve Bank governor Shaktikanta Das on Friday cautioned banks against any build-up of asset-liability

Clipped from: https://www.business-standard.com/article/international/svb-financial-group-seeks-bankruptcy-protection-for-reorganisation-123031700992_1.html Shares of big US banks fell between 1.5% and 2% in premarket trading on Friday SVB Financial Group said on Friday it filed

Clipped from: https://www.business-standard.com/article/finance/as-liquidity-tightens-rbi-injects-rs-1-trn-largest-infusion-in-4-years-123031700981_1.html Tighter liquidity conditions have resulted in sharp rise in money market rates With the onset of corporate advance taxes leading to significant outflows

Clipped from: https://www.business-standard.com/article/companies/tcs-infosys-have-highest-exposure-to-us-regional-banks-jpmorgan-123031700610_1.html Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are

Clipped from: https://www.business-standard.com/article/international/yellen-says-us-banking-system-remains-sound-after-decisive-actions-123031601273_1.html The government took decisive and forceful actions to strengthen public confidence in the US banking system, Yellen said in testimony before the committee

Clipped from: https://www.business-standard.com/article/markets/markets-regulator-sebi-tightens-timelines-for-fpi-disclosures-123031601304_1.html Amended FPI regulations give watchdog more powers to seek vital info from overseas funds The Securities and Exchange Board of India (Sebi) has notified stricter