Sebi eases KYC compliance guidelines
Markets regulator Sebi has decided to simplify the risk management framework for validating Know Your Customer (KYC) records through KYC Registration Agencies (KRAs), a move that will ensure ease of transacting for investors, experts said on Wednesday. Under the new framework, KRAs can now verify PAN, name, address, email, and mobile...
-
Coal’s share in India power generation capacity drops below 50 per cent for first time since 1960s
16 May 2024 | PTI -
MakeMyTrip posts Q4 profit of USD 171.9 million
16 May 2024 | PTI -
Markets snap three days winning run; Sensex slips over 100 points
16 May 2024 | PTI -
Exports up one per cent in April; trade deficit widens to four months high
16 May 2024 | PTI -
Gen Zs, millennials globally optimistic about economy, social situation: Survey
16 May 2024 | PTI -
LIC gets 3 more years till May 16, 2027 to meet Sebi's 10 pc public holding norm, scrip jumps 4 pc
15 May 2024 | PTI -
TBO Tek shares zoom 55 pc in debut trade
15 May 2024 | PTI
Tax incentives can help enhance adoption of sustainability manufacturing: Experts
Providing financial incentives, such as tax breaks, and subsidies, for companies that invest in sustainable technologies and practices can help accelerate the adoption of green manufacturing practices, experts say. They also said there is an increasing emphasis by businesses to ensure sustainable practices through their supply chains. “This requires companies to improve...
Bharti Airtel net profit tanks 31 per cent in Q4
Telecom operator Bharti Airtel on Tuesday posted a 31 per cent drop in consolidated profit to Rs 2,072 crore in the March quarter. The company had registered a profit of Rs 3,005.6 crore in the year-ago period. The consolidated revenue of operations increased 4.4 per cent to Rs 37,599.1 crore during the...
Tata Power DDL organises networking meet
Tata Power Delhi Distribution Limited, a leading power utility supplying electricity to 7 million in North Delhi, in line with its commitment to social inclusion and support for Affirmative Action communities, including promoting women entrepreneurs, recently organised a networking meet in collaboration with the Dalit Indian Chamber of Commerce and...
Domestic passenger vehicle sales up 1.3 per cent in April: SIAM
Passenger vehicle wholesales in India rose to record levels in April driven by strong demand for utility vehicles, automobile industry body SIAM said on Tuesday. The overall passenger vehicle dispatches from companies to dealers rose 1.3 per cent year-on-year to record levels of 3,35,629 units in April, as compared to 3,31,278...
India’s April palm oil imports jump 34 per cent on lower global prices
India’s palm oil imports registered a 34.11 per cent jump on-year in April to 6,84,000 tonnes, buoyed by a fall in global prices, the Solvent Extractors’ Association of India (SEA) said on Tuesday. Palm oil accounted for 52 per cent of India’s total edible oil imports of 13,04,409 tonnes in April,...
Public sector banks total profit crosses Rs 1.4 lakh crore in FY24
Public sector banks’ cumulative profit crossed Rs 1.4 lakh crore in the financial year ended March 2024, recording a growth of 35 per cent over the previous year on a high base of Rs 1 lakh crore. The 12 Public Sector Banks (PSBs) together had earned a net profit of Rs...
VIT founder, Chancellor Viswanathan gets honorary doctorate from State University of New York
Founder and Chancellor of Vellore Institute of Technology (VIT) Dr. G. Viswanathan received the State University of New York (SUNY) Honorary Doctor of Laws Degree during Binghamton University’s convocation ceremony in the USA recently. The honorary doctorate was conferred on Dr. G. Viswanathan by Binghamton University President Harvey Stenger. Dr G...
