The Federal Bank Ltd. (India) stands as a prominent player in the world of banking and financial services. Founded in 1931 as Travancore Federal Bank Limited, the institution has evolved into a diverse financial conglomerate with a wide range of offerings, including retail and corporate banking, para-banking activities, treasury services, and foreign exchange operations. Headquartered …
India’s largest diagnostics service provider, Krsnaa Diagnostics, has fixed its IPO price band at Rs. 933 to Rs. 954 per share. The company’s public issue will open for subscription from 4 August 2021 Wednesday. Individuals can put in bids till 6 August, Friday. The upcoming initial public offering will comprise a new issue worth Rs. …
On the early morning of August 14, 2022, India was shocked by the news of Rakesh Junjhunwala’s demise. He was India’s ace investor and fondly called the big bull of Dalal Street. Let’s look at the life and legacy of Rakesh Jhunjhunwala and try to take a leaf or two from his investment book. Early …
In a groundbreaking move aimed at transforming the agricultural landscape of India, the Cabinet Committee on Economic Affairs, under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, has approved a momentous increase in Minimum Support Prices (MSP) for all mandated Rabi Crops for the forthcoming Marketing Season 2024-25. The government’s resolute commitment to …
Tejas Networks Ltd, headquartered in India, is a globally recognized R&D-driven telecommunications equipment company. Specializing in the design, development, and manufacturing of cutting-edge optical and data networking products, Tejas Networks serves a wide range of clients, including telecom service providers, utility companies, government agencies, and defense networks. Press Release Digest: Key Highlights for You FibreConnect, …
In a momentous event that unfolded on October 17, 2023, the Ministry of Defence orchestrated a groundbreaking contract that promised to reshape the horizon of maritime training for the Indian Coast Guard (ICG). Nestled in the heart of New Delhi, this pivotal agreement, valued at Rs 310 crore, was inked with none other than the …
The Indian economy, one of the world’s most dynamic and diversified, is experiencing significant shifts in its trade dynamics. In September 2023, India’s exports, particularly in merchandise, demonstrated both strengths and challenges. This blog post delves into the latest trade statistics, showcasing India’s trade deficit, sector-wise performance, and the trends that are shaping the country’s …
In a groundbreaking move, the Rural Electrification Corporation Limited (REC), now a ‘Maharatna’ company under the Ministry of Power, has forged a visionary partnership with the National Informatics Centre Services Inc. (NICSI), a subsidiary of the National Informatics Centre (NIC) operating under the Ministry of Electronics & Information Technology, Government of India. This Memorandum of …
An Overview India is considering enabling foreign portfolio investors (FPIs) to trade commodity futures listed on local markets, at a time when China is permitting more offshore investment into commodities. According to sources, the Securities and Exchange Board of India (SEBI) recently held a meeting with leading international commodity trading firms, FPIs, banks, and one …
India’s journey towards becoming self-reliant in manufacturing has been marked by a series of visionary steps, with the latest being a pivotal upgrade to the Production Linked Incentive (PLI) Scheme for White Goods. This scheme, aimed at encouraging the production of components and sub-assemblies for Air Conditioners (ACs) and LED Lights, has witnessed further refinements …
