FPSB India, IFSCA sign pact to promote GIFT IFSC as 'Global Finance Hub'
Both organisations will jointly organise international and domestic events to raise awareness and establish GIFT IFSC as a 'Global Finance Hub', the statement added.
Both organisations will jointly organise international and domestic events to raise awareness and establish GIFT IFSC as a 'Global Finance Hub', the statement added.
"This new solution set, powered by Microsoft, will help provide better and faster market and product intelligence to financial advisors and banking professionals, enabling them to deliver more personalised and timely service to clients," Suzanne Dann, CEO of Americas 2 Strategic Market Unit at Wipro Ltd, said in a statement.
PSU bank stocks, including Canara Bank, Punjab National Bank, and Bank of Baroda, plunged up to 6% due to RBI's draft circular proposing stricter project financing guidelines.
Several top executives of the three companies and auditors associated with some of them now face criminal charges due to the irregularities. Additionally, both auditors and their firms are undergoing disciplinary procedures. Meanwhile, the new leadership has divested a substantial portion of assets to settle a significant portion of debts owed to creditors.
INDIA-EXCHANGES-India's exchanges spar for dominance in hot derivatives market
India's foreign exchange reserves declined for the third week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 billion.
NCLAT rejected REL's appeal regarding Burman's share acquisition. CCI ensures fair competition. Justice Khanna and Mehrotra maintained status quo. Fraud allegations, ESOP issuance, remuneration without approval are under scrutiny.
"With general elections in full swing in India, foreign investors have adopted a wait and watch approach, until the election results are out," Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said.
The business of striking deals in the country has been robust this year, with an average of three private investment deals being finalised daily.
Gold reserves decreased USD 1.275 billion to USD 55.533 billion during the week, the RBI said.