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RBI allows resident Indians to open Foreign Currency Accounts in IFSC, Gujarat
The Reserve Bank of India (RBI) in a notification issued on Wednesday evening allowed resident individuals to open FCA in IFSCs at GIFT City in Gujarat under the LRS.
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GMDC inks power purchase pact with GUVNL
The approved amendments include enhancements aimed at bolstering the sustainable operation of the GMDC Akrimota Thermal Power Station.
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Maruti Suzuki shares surge over 6% as UP govt waives registration fee for hybrid cars
Maruti Suzuki shares gained over 6% on Tuesday, July 9, on the news that the Uttar Pradesh government had announced a registration fee waiver for hybrid cars.
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Life insurance companies' new business premium up nearly 23% in Q1FY25
According to the data released by the Life Insurance Council, the new business premium (NBP) increased by 22.91 per cent Y-o-Y to Rs 89,726.7 crore in Q1 FY25
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Zepto's sales could surpass DMart in next 18-24 months:
Zepto’s sales could potentially surpass those of offline retail major DMart, while the former’s top line could scale to over Rs 2.4 trillion in the next 5-10 years
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Bhavish Aggarwal launches Ola Maps as alternative to Google Maps
Ola, the ride-hailing cab aggregator, has announced a significant shift in its operations by fully transitioning from Google Maps to its own in-house mapping service
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Microsoft conducts new round of layoffs to optimise workforce
The exact number of employees affected remains undisclosed, but it is clear that the cuts have impacted various teams and geographical locations.
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