Banking And Finance
Govt needs to revive NITI Aayog’s PSU, PSB privatisation program: Arvind Panagariya
New Delhi: The government needs to resuscitate privatisation of public sector undertakings (PSUs) as well as public sector banks (PSBs) as it is integral to India’s economic reforms, former vice…
Money-market fund vs short-duration fund: Where to park your cash and why
There are different types of based on the types of instruments they invest in and the maturity profile of those investments. Two categories that often appear similar to investors are…
Market
US stock market today: S&P 500, Nasdaq futures zoom up to 2% as US-Iran peace deal sinks oil prices; SpaceX up 5.5%
are pointing to another strong start for Wall Street on Monday, 15 June, after the US and Iran agreed to end a nearly four-month-long conflict in the Middle East, a…
Razorpay confidentially files draft paper for IPO, looks to raise $600 million: Report
Indian fintech Razorpay has confidentially filed draft papers for an likely sized at around $600 million, a source aware of the matter told Reuters on Monday. The confidential route allows…
Brokers’ call: Motilal Oswal (Buy)
Target: ₹1,150 CMP: ₹939.50 Motilal Oswal Financial Services (MOFSL) is a diversified Indian financial services group with businesses spanning wealth management, asset management and capital markets. MOFSL looks well positioned…
Market
SEPC secures ₹673 crore SAIL expansion project
, on Monday said it has secured an order worth ₹673 crore from public sector enterprise Steel Authority of India Ltd’s (SAIL’s) IISCO Steel Plant. The industrial infrastructure engineering, procurement…
Maruti Suzuki introduces prepaid smart maintenance plan
on Monday introduced its ‘smart maintenance plan’, a pre-paid after-sales maintenance offering for its existing customers. The new plan allows customers to choose from a range of service configurations based…
Lower base effect leads automobile sales growth in May: SIAM
Driven by the lower base effect of previous year and demand created by the reduction in Goods and Services Tax (GST), domestic automobile wholesales across categories grew 17.3 per cent…
Former American businessman detained in Myanmar after alleged financial misconduct
BANGKOK (AP) — The former president of the American Chamber of Commerce in has been detained upon his return to Yangon after the organization said it was looking into suspicious…
Axis
