Search result for CIC
According to the RBI, SBI, ICICI Bank, and HDFC Bank continue to be domestic systemically important institutions.
The State Bank of India, ICICI Bank, and HDFC Bank are still considered to be Domestic Systemically Important Banks, according to a statement from the Reserve Bank of India on Monday (D-SIBs). The central bank had first released a framework for handling D-SIBs in July 2014, which obliged it to re...
Gujarat's fluoropolymers industry is thriving. Fluorinated Chemicals and ICICI Securities
Net profit CAGR of 41% over FY22-24E at Gujarat Fluorochemicals (GFL) and healthy return ratios (post-tax ROCE of 21% and ROE of 25.6% in FY24E) are attractive features. While there are many applications for fluorine chemistry, ICICI Securities sees the fluoropolymers industry as particularly pro...
Reliance and ICICI Bank drive the over 1% increase in the Sensex and Nifty
Following vigorous purchasing in index heavyweights Reliance Industries and ICICI Bank, equity benchmark indexes increased by around 1% to re-enter the 59,000-point level on Monday.
The BSE benchmark increased 442.65 points or 0.75 percent, closing at 59,245.98. It increased by 504.92 p...
Serbia's Vucic treads a tightrope between the EU and Russia
Serbian President Aleksandar Vucic was re-elected in a landslide win over the weekend, but the populist leader now faces a difficult balancing act between European Union goals and Kremlin goodwill.
According to the electoral commission, Vucic, a former ultra-nationalist turned pro-EU fi...
Serbian President’s Comments on the Djokovic Issue
The Serbian president, Aleksandar Vucic, blasted the government of Australia on Sunday over their harassment of the tennis champion, Novak Djokovic.
The player had been in Australia for the last ten days before being deported and had faced severe criticism over his vaccination sta...
CIC LIKELY LOOKING INTO LONG-TERM INVESTMENT OPPORTUNITY IN THE U.S
Highlights –
- CIC likely looking into long-term investment opportunity in the U.S.
- CIC’s fund co-established with Goldman Sachs Group Inc. raised $2.5 billion for China.
- The fund was launched with the aim of reaping returns from ...
HOLLYWOOD ICON CICELY TYSON PASSES AWAY AT 96
Highlights
• The news of her death was announced by her family with the help of her manager Larry Thompson
• Tyson made her debut with Odds Against Tomorrow that was helmed by Harry Belafonte and was released in the year 1959
Hollywood legend Cicely Tyson h...
COVID-19 AFFECTED 70% OF BANKING SECTOR DEBT
HIGHLIGHTS
- Due to COVID-19 outbreak, Indian government implemented a lockdown to prevent further spread of infection.
- With all economic activities coming to a halt, economy received a big time jolt.
- A report by the Reserve Bank of India has...
K-BEAUTY VEGAN PRODUCTS: SKIN CARE IN SAFE HANDS
- Achieving flawless and blemish-free skin that is supple and looks and feels beautiful shouldn’t make you have to feel neglected without it or beg for more.
- The products that we smother our skin with, not to mention are the products that make it to the back pag...
SENSEX SURGES 300 POINTS, NIFTY AT 11,350
Highlights
• The S&P BSE Sensex is trading at 38,400.42 levels, while the benchmark Nifty50 is at 11,319.70 points
• Tata Steel, ICICI Bank and Axis Bank were in the list of top Sensex gainers
• Total 90 companies including Motherson Sumi, RITES an...
ICICI BANK RAKES RS 3,090 CR BY DIVESTING STAKE IN GENERAL, LIFE INSURANCE BUSINESSES
Highlights
• On Friday, ICICI Bank sold 3.8 percent stake worth Rs 2,250 crore in ICICI Lombard
• In its BSE filing, ICICI Bank said all the divestments are done in order to strengthen the balance sheet
• The stocks of ICICI Bank were trading at Rs 372...
FED CUTS RATES TO ALMOST ZERO; SENSEX DOWN BY4.97%, NIFTY BY 4.51%
Highlights:
- FED cuts to 0% don’t help global scenario Indian Sensex opens on a low
- Adani ports, ICICI, Axis Bank, HDFC, UPL, and IndusInd bank losers in NIFTY
The Impact of coronavirus on the ...
Yes BANK’S MORATORIUM TO BE LIFTED ON WEDNESDAY BY EVENING 6.00
Highlights:
- Yes Bank notified
- By Wednesday moratorium ends at 6.00 pm
- New board of directors to be formed
- Former CFO and MD of MD of SBI to be the CEO of the board
Post the Finance minister’s information about the notifica...
Yes BANK MORATORIUM TO BE LOFTED SOON: ICICI, HDFC, AXIS & SBI TO INVEST
Highlights:
- Cabinet approves RBI suggested reconstruction scheme for Yes Bank
- Moratorium might be lifted soon
Yes bank customers cam heave a sigh of relief as the moratorium on Yes bank is expected to be lifted very soon. The &...
Sensex has regained its balance and has risen 411 points as the stocks of bank increase
Mumbai Markets broke its three-day descending winding to end savvy gains on Friday, as banking, budgetary and vitality stocks saw strong buys in the midst of worldwide sign of help.
The BSE Sensex of 30 offers completed 411.38 focuses, or 1 percent, higher at 41,575.14. It arrived at an...
RBI advises banks to top stake in insurance agencies at 30%
The Indian Reserve Bank has requested that loan specialists slice their stakes in back up plans to 30%, as the financial controller endeavors to shield banks from dangers emerging out of their non-banking organizations and steer center to boosting credit development in an easing back econom...
Share showcase update
In budgetary markets, a share is a unit utilized as common assets, restricted organizations, and land venture trusts. The proprietor of shares in the organization is a shareholder (or investor) of the corporation. A share is an indissoluble unit of capital, communicating the possession connection...
India’s five of the top 10 firms contributed a total of Rs 56,877.12 in market valuation
Last week, five of the top 10 firms contributed a total of Rs 56,877.12 in market valuation, led by IT Giant Tata Consultancy Services (TCS).
TCS' market capitalization (m-cap) leapt Rs 26,360.5 crore closing on Friday to Rs 7,96,612.51 crore.
Among the winners are RIL, IC...
The deal of Yes Bank
Yes Bank is one of the most high growth Bank in the Indian economy and there are many reasons to believe that this Bank serves services when it comes to the banks and their the comparison, as well as the Bank, is going at a very low rate because of the high attrition as well as the stock market a...
The five top stocks lead to a significant change
With various heavyweight had contributed to about half of the games in the Nifty on September 21 just happen when the corporate tax rate cut was announced by finance minister Nirmala sitharaman to record the highest, and the specified index of Benchmarks has to gain approximate rate of 11 persons...