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Latest Articles in financial services

Motilal Oswal Logs Highest-Ever Quarterly Net Profit Of Rs 448 Cr In Mar Quarter

The main brokerage business booked the highest-ever revenue and profit at Rs 514 crore for the quarter, which was up 51 per cent as against a year ago.

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Paytm To Make Available 21,000 Oxygen Concentrators From May 1st Week

India is struggling with the second wave of the coronavirus infection and hospitals in several states are reeling under shortage of medical oxygen and beds in view of rising number of COVID-19 cases.

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Engineering Success

Revenue from the hydrocarbon business, which contributed 11 per cent to total revenue, grew 15.1 per cent year-on-year to Rs 4,979.2 crore and EBIT jumped 30 per cent to Rs 502.3 crore.

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Coforge To Acquire Controlling-Stake In SLK Global Transaction Provides A Multi-Year Partnership Commitment From Fifth Third Bank

SLK Global reported consolidated revenue of $62 million during FY’20 and is expected to report consolidated revenue of $73 million during FY’21, representing a growth of about 15% despite the impact of Covid-19.

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Jeep India, Axis Bank Join Hands To Launch Financial Services Initiative For Customers, Dealers

Jeep customers will be serviced from the bank's 4,586 branches spread across India and also via on-site counters at high footfall Jeep brand dealerships.

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ICRA Upgrades Long Term Debt Rating Of Muthoot Finance

This upgrade can further attract investments from Retail Investors in the public Issue of NCDs in which company has track record of 24 issuances raising Rs. 17392 crore cumulatively.

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Rupee Inches 2 Paise Higher To Close At 72.91 Against US Dollar

On the domestic equity market front, the BSE Sensex ended 254.03 points or 0.50 per cent higher at 51,279.51, while the broader NSE Nifty advanced 76.40 points or 0.51 per cent to 15,174.80.

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Up Your Investment Ante By Adding Curated Baskets To Your Portfolio

"OpenQ Hybrid Equity, the OpenQ WealthBasket has created a portfolio that dynamically allocates and shifts between equity, debt, and gold investments, depending upon the market situation. "

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MFIs Champion An Ecosystem Of Grassroot Women Entrepreneurs For Sustainable Progress

Recognising these unique constraints faced by women entrepreneurs at the grass root level, Micro Finance Institutions in India adopted the Self-Help Group (SHG) model as far back as 1991.

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Wipro To Buy Capco For $1.45 Bln; Biggest Buyout To Become 'Bolder' Company

Acquiring Capco helps us grow our global financial services business, which is our largest segments from USD 2.5 billion to USD 3.2 billion, with a strong consulting footprint. Scale matters and reinforces our market relevance

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Women Finance Firm Directors Earn 66% Less Than Men In UK, Study Finds

Britain suspended the need for companies to report on the gender pay gap in their workforces due to the coronavirus pandemic, a step the government said would not derail attempts to pay men and women fairly.

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Piramal Group Announces The Appointment Of Kalpesh Kikani As CEO, Piramal Alternatives

Kalpesh holds a Bachelor of Engineering Degree in Computer Science and an MBA in Finance from Bombay University and is a member of the CFA Institute, USA.

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Airtel Enters Ad Tech Industry With Airtel Ads; Says Users Will Receive Relevant Campaigns, Not Spam

Airtel Ads would enable brands of all sizes to curate consent-based and privacy-safe campaigns to one of the biggest pool of quality customers in India, Airtel said adding it has more than 320 million customers across its businesses like mobile, DTH and homes.

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Stilt launches remittance product for immigrants

Stilt launches remittance product for immigrants

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Microland appoints industry veteran Vivek Radhakrishnan, as Senior Vice President, North America

Microland appoints industry veteran Vivek Radhakrishnan, as Senior Vice President, North America

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