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Latest Articles in private sector

UPSC Recommends 31 Candidates As Joint Secretaries, Directors And Deputy Secretaries In Various Ministries

A total of 295 applications for joint secretary level posts, 1,247 applications for director level posts and 489 applications for deputy secretary level posts were received.

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Indusind Bank Records 10% Loan Growth In Sep Qtr

Net advances stood at Rs 2,01,247 crore at the end of the second quarter of the last financial year

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Private Sector Capex Cycle Resumption Likely From FY24: Report

The report also sees the USD 1 trillion infra stimulus in the US to have a positive impact on the Indian Capex cycle, apart from an expansion in the valuations of the companies in these sectors.

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SECI Plans 2,000 Mwh Standalone Energy Storage Project

India has announced ambitious renewable energy targets (mainly for solar and wind sources) 175 GW by 2022, 275 GW by 2027, and 450 GW by 2030.

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Yes Bank Q1 Net Jumps Over Four-Fold To Rs 207 Cr

New business generation continued for the quarter with retail disbursements of Rs 5,006 crore, SME disbursements of Rs 3,242 crore and wholesale banking disbursements of Rs 3,625 crore

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Haryana's 75 % Job Reservation Law Will Not Negatively Impact Industry, Says Khattar

'The Haryana State Employment of Local Candidates Act, 2020, will not negatively impact industry in the state,' assured Khattar during a meeting with the CII delegation held virtually.

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India's Coal Production Drops Marginally By 2% To 716 Mn Tonnes In FY'21

Of the total production of 716.084 MT, 671.297 MT was non-coking coal and the remaining 44.787 MT was coking coal

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HDFC Bank Sells CDSL Shares Worth Rs 185 Cr

PPFAS Mutual Fund lapped up 15,90,764 shares of the depository at an average price of Rs 937.34 aggregating the transaction size to Rs 149.10 crore.

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Federal Bank Board Approves Rs 916cr Fund Raise From IFC

Equity shares up to 104,846,394 at a price of Rs 87.39 each aggregating to approximately Rs 916.25 crore are proposed to be allotted to IFC, IFC Financial Institutions Growth Fund, LP (FIG) and IFC Emerging Asia Fund, LP (EAF),

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Entrepreneurship With A Conscience

Giving voice to her love for design and the desire to make a dent in the lives of women across India, she took the plunge and joined as head of Okhai.

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IDFC FIRST Bank Offers 4x Annual CTC, Salary Continuation For 2 Yrs To Corona Affected Employees' Families: MD

The lender has also identified 250 vulnerable families who have lost an earning member of their family to Covid-19 with a cash relief support of Rs 10,000 in a partnership with 'Give India'.

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Non-Life Insurers' Gross Direct Premium Rises 11 % To Rs 12,316 Cr In May

The six standalone private sector health insurance companies registered a jump of 66.6 per cent in their gross premium at Rs 1,406.64 crore in May 2021

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General Insurance Industry Likely To Grow Cautiously In FY2022; Underwriting Losses Set To Rise : ICRA

The private sector players had a higher growth trajectory in FY2019 and FY2020; and have gained market share from the PSU players.

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Kotak Mahindra Bank Shares Gain Over 2 % After Q4 Earnings

Keeping the same in mind, the bank has consciously reduced its exposure to retail unsecured lending over FY21, and it now contributes only 5.8 per cent of the overall book as against 7.5 per cent in the year-ago period.

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Govt Invites Applications For Post Of IRDAI Chairman

The applicant should have minimum of two years of residual service as on May 7, 2021, that is the applicant's age should not exceed 63 years on said date

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