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People need not worry about ATM re-calibration: FIS

People need not worry about ATM re-calibration: FIS

27-02-2020 comments

New Delhi (IANS) Amid reports that around 2.4 lakh automated teller machines (ATMs) across the country are likely to be recalibrated in the coming months, Mahesh Ramamoorthy, Managing Director (Banking Solutions -- APMEA) at FIS, said consumers should…

CRISIL completes Greenwich acquisition

CRISIL completes Greenwich acquisition

26-02-2020 comments

New Delhi (IANS) Rating agency CRISIL on Wednesday said it has completed the acquisition of 100 per cent stake in Greenwich Associates LLC (Greenwich).

The transaction was announced on December 19, 2019.

Greenwich is a well-established…

Markets open in red on Wednesday

Markets open in red on Wednesday

26-02-2020 comments

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.

The Sensex of the BSE opened at 40,194.89 points which was also the high point. The Sensex touched a low of…

Bharti AXA to use WhatsApp for policy, renewal documents

Bharti AXA to use WhatsApp for policy, renewal documents

26-02-2020 comments

New Delhi (IANS) Betting big on innovation, private non-life insurer Bharti AXA General Insurance has started delivering policies and renewal premium to its customers through the instant messaging platform -'WhatsApp' and today said it plans…

Price band for SBI Card IPO fixed at Rs 750-755 per share

Price band for SBI Card IPO fixed at Rs 750-755 per share

25-02-2020 comments

New Delhi (IANS) The IPO Committee of SBI Card has set the price band for its initial public offering (IPO) in the range of Rs 750-755 per equity share.

In a regulatory filing, State Bank of India late on Monday evening said that a discount…

Gold can surge as much as Rs 47,000 per 10 grams: Motilal Oswal

Gold can surge as much as Rs 47,000 per 10 grams: Motilal Oswal

25-02-2020 comments

Mumbai (IANS) Gold prices in India may surpass Rs 47,000 per 10 grams mark in the next 12 to 15 months over mounting concerns due to the coronavirus outbreak, brokerage firm Motilal Oswal said on Tuesday.

High gold prices assume significance…

Global markets jittery, Brent down 3%, gold hits record high

Global markets jittery, Brent down 3%, gold hits record high

24-02-2020 comments

Mumbai (IANS) Trading screens across global stock markets flashed red, oil prices took a sharp dip and the prices of safe haven assets rose sharply on Monday as the Coronavirus impact magnified.

Indian markets opened sharply lower in line with…

Bharti Infratel extends Indus merger timeline by 2 months

Bharti Infratel extends Indus merger timeline by 2 months

24-02-2020 comments

New Delhi (IANS) Bharti Infratel on Monday extended the deadline for the closure of its merger with Indus Towers by another two months to April 24 and said that the final decision to implement the deal will take into account the impact of the current…

Sensex down 800 pts, Gold hits life-time high at Rs 43K, Brent tumbles 3%

Sensex down 800 pts, Gold hits life-time high at Rs 43K, Brent tumbles 3%

24-02-2020 comments

New Delhi (IANS) Fear of further disruption in economic activity owing to the jump in coronavirus related deaths drove the prices of safe haven assets like Gold to a record high and pushed the oil prices and global equities lower on Monday. Indian…

NBFCs,HFCs may get 1 year extension for restructuring loans

NBFCs,HFCs may get 1 year extension for restructuring loans

23-02-2020 comments

New Delhi (IANS) Financially sound non-banking finance companies (NBFCs) and housing finance companies (HFCs) may be next in line to be permitted extension of the date of commencement of commercial operations (DCCO) of project loans for commercial…

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