India's largest lender SBI has increased marginal cost of funds-based lending rate (MCLR) on loans by up to 20 basis points (bps), effective August 15. This will result in higher EMIs for borrowers wh
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Business
Gujarat announces 3% DA hike for govt employees; Rs 1,400 crore additional burden on state exchequer
Gujarat Chief Minister Bhupendra Patel announced a three per cent hike in the dearness allowance for the state government employees under the 7th Pay Commission. The DA hike will be given retrospect
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The Competition Commission of India (CCI) approved Adani Group firm’s acquisition of Holcim’s stake in cement manufacturers Ambuja Ltd and ACC Ltd . “The CCI approves acquisition of the stake in Hold
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Tata Group Chairman Emeritus Ratan Tata joined country’s leading industrialists and corporate honchos to pay tribute to ace stock investor Rakesh Jhunjhunwala, who passed away Sunday morning. Tata re
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Leading bourse National Stock Exchange‘s (NSE) shareholders have approved the appointment of Ashishkumar Chauhan as the company‘s managing director and chief executive. Chauhan took over from Vikram
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Remembering Rakesh Jhunjhunwala’s invincible spirit and deep passion about everything Indian, newly launched Akasa Air CEO Vinay Dube said that the airline will honour the legacy, values and beliefs o
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