Friday, April 16, 2021

tejbhardwaj

New DTH polices see hike in Tariff prices, migration of TV users to online OTT platforms: YouGov report

Since the implementation of new Direct to Home (DTH) service by TRAI (Telecom Regulatory Authority of India) there have many speculations about the hike in DTH bills and migration to OTT platforms. And this has been revealed by many...

L&T launches new initiative-‘L&T-Nxt’ with focus on AI and IoT

Construction giant Larsen & Toubro (L&T) on Friday announced its new initiative named L&T-Nxt which will primarily focus on artificial intelligence (AI), Internet of Things (IoT), virtual reality, augmented reality, geo‐spatial solutions and cyber security. L&T-Nxt will use next generation...

Big Basket raises $150 million in latest funding round, Joins prestigious unicorn club

Indian online supermarket Big Basket becomes this year's second startup to join the prestigious Unicorn group. The Hari Menon co-founded Indian startup raised about $150 in the latest funding round led by its new investors new investors, South Korea’s...

RVNL IPO sees a slow opening, subscribed 9% on first day

The IPO of Rail Vikas Nigam Ltd. (RVNL) opened for subscription on Yesterday. The rail Public Sector unit (PSU) has issued 25.34 crore shares between price range of ₹17-19 per equity share which are open for subscription till April 3. As...

BNP Paribus Cardiff off-loads 5.07% stake in SBI Life Insurance

Reatil banking company BNP Paribus Cardiff sells its 5.074% stake in SBI Life Insurance in a block deal, private sector insurer, SBI Life Insurance said in a exchange filing. "We would like to clarify that this sale is not being...

PNB sells its stake in PNB Housing Finance for ₹1,851 crores

State owned lender-Punjab National Bank (PNB) is selling its stake in its housing finance arm, PNB Housing Finance to global private equity company General Atlantic and Varde Partners, bank said in a exchange filing. Both companies will be buying 1.09...

CBDT directs Income tax offices to probe 3 lakh suspicious firms for tax crimes

The Central Board Of Direct Taxes (CBDT) has issued new directions to Income Tax department for the prevention of tax evasion and tax crimes such as money laundering, especially during and after demonetisation. Under the new directions, CBDT asked the...

Bajaj launches Dominar 400 (2019) at ex-showroom price of ₹1.73 lakh

The new Bajaj Dominar has just gotten launched in India at an ex-showroom price of ₹1.73 lakh. The price of new 2019 model is nearly ₹10,000 higher than its previous model. The automaker has made a host of changes...

Ahead of merger, Bank of Baroda receives ₹5,042 Crores from government

The Bank of Baroda (BoB) which is about its start its operation after its merger with Dena Bank and Vijaya Bank will be receiving ₹5,042 crore infusion of funds from government. The fund infusion will be through preferential allotment of...

TPG, Etihad Airways express interest to acquire a stake in Jet Airways

Jet Airways foreign partner and UAE's second largest airline Etihad Airways willing to invest in the beleaguered carrier and will be taking part in the bidding to acquire additional stake in the airline, sources told CNBC-TV18. As per sources, Etihad...

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Macau govt. to introduce virtual currency to combat money laundering, tax evasion

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Crown Resorts receives modified proposal from Blackstone Group

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