The RBI had kept the firm in constant watch as part of its informal asset quality review, and carried out regular inspections
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Wednesday, December 1, 2021
Brokerages give thumbs up to Rakesh Jhunjhunwala-backed Star Health's IPO
IT, Pharma may not provide the usual hedge if rupee weakens
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TRAI begins consultation on 5G auction, seeks views on private networks
Tuesday, November 30, 2021
World's biggest junket operator Alvin Chau held, Macau casino stocks sink
Amazon infuses fresh capital of Rs 650 cr in Amazon Wholesale (India)
US-based ecommerce giant Amazon has infused fresh capital to the tune of Rs 650 crore into one of its India units, Amazon Wholesale (India), according to regulatory documents. Amazon Corporate Holdings Private Limited and Amazon.com.incs Limited have made the Rs 650 crore investment in the wholesale B2B arm of Amazon India, documents filed with the corporate affairs ministry and shared by market intelligence firm Tofler showed. The date of allotment was October 26, 2021, it added. Amazon India did not respond to emailed queries. According to the documents, a significant share of the funds (over Rs 649.94 crore) came from Amazon Corporate Holdings Pvt Ltd. The fresh funds will provide more arsenal to Amazon in India to bolster its wholesale B2B business in India. Amazon has been aggressively investing across various business units in India. These investments have been deployed towards expanding infrastructure and adding solutions to enhance consumer and seller experience. In Oct
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Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments
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Armed with Supreme Court order, banks may invoke personal guarantees of tycoons ranging from Venugopal Dhoot to Kapil Wadhawan to recover un...
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GFM has five million square feet across office properties in Mumbai Thane, Gurugram, Pune and Bengaluru from Today's Paper https://ift...
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All retail and trading establishments will now be allowed to operate at full capacity between 10 am and 8 pm from Monday from Today's ...
India's low score on GVC a starting point for recovery from pandemic: AIIB
India rated 7.4 percentage points below the average global value chain participation rate for emerging economies from Today's Paper ht...