Page 3 - Bs Reporter

Jio Financial to acquire SBI stake in Jio Payments Bank for Rs 104.5 crore

The acquisition is subject to the approval of the RBI and is expected to be completed within 45 days post receipt of RBI approval

RBL Bank appoints Agrawal as president of branch banking, Pari as COO

Agrawal has over 25 years of experience across deposits, lending, distribution and payments

Over 600 job offers given during IIM Lucknow's 2025 placement drive

The highest domestic package achieved this year is Rs 75 LPA, while the highest international package is Rs 65 LPA. The average salary offered is Rs 32.3 LPA

Sebi to challenge court order on alleged listing permission irregularities

ACB Court directs filing of FIR against former chairperson Buch, three current WTMs

India's core sectors' output grew 4.6% in January, shows govt data

January's growth was largely driven by a 14.5% surge in cement production and an 8.3% uptick in refinery products

Lower tariffs can spur 7% growth, boost competitiveness: NITI's V-C

Big ideas take centre stage on concluding day of BS thought summit, as bureaucrats, corporate leaders, and startup pioneers converge

TCS extends partnership with Norway's DNB Bank ASA for five years

Over the past 12 years, TCS has partnered in DNB's innovation and transformation journey, delivering a wide range of digital solutions

RBI imposes penalty on HSBC, IIFL Samasta Finance for violating norms

With reference to HSBC's financial position as on March 31, 2023, RBI found that the bank had outsourced the disposal or closure of anti-money laundering (AML) alerts to a group company

BS Manthan: Bilateralism now topping the agenda, says FM Sitharaman

The global churn and India's reset played out on day one of BS thought summit, with the who's who from government, economy, banking, defence coming together

RBI relaxing risk weights to release Rs 40,000 cr capital for banks

Bandhan Bank and IndusInd Bank likely to be biggest beneficiaries of the moves since both have high microfinance exposure

Govt appoints Finance Secretary Tuhin Kanta Pandey as next Sebi chief

Pandey will be replacing present Sebi chief Madhabi Puri Buch

BII, Calvert Impact commit $40 mn to Vivriti AMC's GIFT City fund

While BII has committed $30 million, Calvert Impact has committed $10 million to the senior debt tranche of the fund

Indian Oil ties up with Novac Technology Solutions for employee upskilling

This strategic partnership between IOCL and Novac Technology Solutions signifies a monumental leap forward in workforce development and learning innovation within the energy sector

TVS Emerald buys 10-acre land in Bengaluru, boosts FY25 revenue potential

With this acquisition, TVS Emerald has added land deals with a revenue potential of Rs 5,300 crore to its portfolio in FY25

What are the best fixed deposit rates in the market for you?

If you want a low-risk investment strategy, fixed deposits may be the way to go for you. But remember, the returns will also be commensurately lower

BS annual summit 'Manthan' kicks off today; many renowned voices to attend

The two-day event, coinciding with Business Standard's 50th anniversary year, will bring together some of the most influential voices in government, policy, and industry

Religare seeks RBI nod for new directors; moves to remove Saluja, Asthaana

The board also recommended the removal of directors Rashmi Saluja and Rakesh Asthaana from the boards of subsidiary companies and committees

HC orders Amazon to pay Rs 340 cr to Lifestyle Equities over infringement

During the proceedings of the case, Cloudtail India agreed to accept an injunction decree and proposed a settlement which would include damages

Franklin Templeton Mutual Fund launches a low duration debt fund

WhiteOak Capital MF on Tuesday launched its Equity Savings Fund (ESF), a hybrid scheme investing in equity, arbitrage, and debt

69% growth in headcount in India's institutional investor sector in 2 years

The sector has made strides in workforce diversity, with women's participation at 27 per cent of the overall workforce