Banks, RBI keeping close watch to tackle cyber fraud: Sitharaman
New Delhi, Nov 23 - Union Finance Minister Nirmala Sitharaman on Thursday said that while government institutions, banks and insurance companies were building greater awareness over cyber fraud, there was a need for people also to be more alert against cheats who were
Private promoter holding slumps to 4-yr low
New Delhi, Nov 10 - The share of private promoters in companies listed on NSE declined to a 4-year low of 41.55 per cent as on September 30, 2023, according to Primeinfobase, an initiative of Prime Database Group.
ICICI Bank gets RBI nod for making ICICI Securities its wholly-owned subsidiary
Mumbai, Nov 9 - ICICI Bank said on Thursday that it has received the Reserve Bank of India’s (RBI) clearance for making ICICI Securities its wholly-owned subsidiary.
Adani Ports posts Rs 1,748cr net profit in Q2
Mumbai, Nov 9 - Adani Ports and Special Economic Zone on Thursday reported a 4.19 per cent increase in consolidated net profit to Rs 1,747.85 crore for the July-September compared to the same period of the previous year.
Rs 1,481 crore fake GST invoicing racket busted
New Delhi, Nov 6 The Directorate General of Goods and Services Tax Intelligence (DGGI), Meerut Zonal Unit, has busted a large-scale racket involving fake invoicing to the tune of a whopping Rs 1,481 crore, resulting in passing on of fraudulent input tax credit
Median cost of IT outages at Indian firms now Rs 520 cr a year: Report
The median cost of IT outages at Indian organisations now stands at around Rs 520 crore ($62.79 million) per year, a new report said on Wednesday. According to the web analytics and software company New Relic, about 74 per cent said that the
SoftBank likely to fully exit Zomato in coming months
Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to fully exit the online food delivery platform in next few months.