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Disney & Mukesh Ambani’s Reliance Merger Cleared By CCI: $8.5 Billion Deal Gets Approval

28 Aug 2024 23:29 PM IST

India’s Competition Commission has approved Reliance Industries’ merger with Disney’s Indian media assets, a deal valued at Rs 70,350 crore (approximately $8.5 billion). The green light comes with conditions requiring the companies to implement certain voluntary changes. The CCI shared the approval on social media, noting, “The commission has approved

September 2024 Bank Holidays: State-Wise List And Details

28 Aug 2024 14:23 PM IST

The Reserve Bank of India has released the schedule of bank holidays for September 2024. Banks will be closed on every second and fourth Saturday, as well as all Sundays. Additionally, financial institutions will observe approximately nine festival holidays this month. While banks will be closed on these specific dates,

NBCC India Jumps 8% On Upcoming August 31 Bonus Issue Proposal

28 Aug 2024 12:17 PM IST

NBCC (India) shares jumped by 8 percent in early trading on August 28, following the announcement that the company will consider a bonus issue. This positive news sparked strong buying interest, pushing the stock to its day’s peak of Rs 192.60 on the NSE, edging closer to its all-time high

Mumbai Businessman Scammed Out Of Rs. 23 Crore; FIR Registered Against 3

28 Aug 2024 08:53 AM IST

A businessman from Mumbai has allegedly been defrauded of ₹23 crore by three individuals who promised to secure bank no-objection certificates (NOCs) after clearing his dues, according to an official statement on Tuesday. The Dahisar police have registered an FIR against the accused and initiated a probe to apprehend them.

Zee And Sony Settle Merger Disputes, Terminate $10 Billion Deal

27 Aug 2024 21:26 PM IST

Zee Entertainment and Sony have agreed to settle all disputes, ending their $10 billion merger. Zee shares spiked 15% following the news.

Janmashtami Festivities Generate ₹25,000 Crore In Sales Across India

27 Aug 2024 10:19 AM IST

The recent Janmashtami festivities have significantly boosted business across India, with transactions exceeding ₹25,000 crore, according to the Confederation of All India Traders (CAIT). This surge in economic activity highlights the strong consumer spending driven by vibrant celebrations during one of the most commercially active periods of the year. Massive

Why Is Canada Imposing 100% Tariffs on Chinese Electric Vehicles and Metals?

27 Aug 2024 03:35 AM IST

Canada’s decision to impose tariffs on Chinese electric vehicles (EVs) and metals like steel and aluminum aligns with similar actions taken by the United States and the European Union, reflecting a growing international stance against what they perceive as unfair trade practices by China. Prime Minister Justin Trudeau emphasized that

ONGC Shares Surge 139% In 2 Years: Key Factors Driving The Rise

26 Aug 2024 18:12 PM IST

ONGC shares have soared 139% in the past two years, with recent developments driving the stock to Rs 328.85. Learn about the key factors behind this impressive growth.

New Rules For Small Savings Schemes Starting October 1: PPF, NSS, Sukanya Samriddhi & More

26 Aug 2024 16:55 PM IST

The Ministry of Finance’s Department of Economic Affairs has introduced new rules for managing irregular accounts under National Small Savings (NSS) schemes through Post Offices. This update, communicated in a circular dated August 21, 2024, involves several key changes. Irregular NSS Accounts For NSS-87 accounts opened before DG Posts’ Order

How to stand out among e-commerce competitors? Here are solutions

26 Aug 2024 16:31 PM IST

For the positioning of business in the market, it is crucial to know who your competitors are and what they offer. Comprehensive market research helps in identifying key players of the industry, their product offerings, and pricing strategies. Dealavo provides powerful market analysis tools that help you understand market gaps,

India To Launch Unified Lending Interface For Rural And Small Businesses

26 Aug 2024 15:27 PM IST

India is set to launch the Unified Lending Interface (ULI), a new platform aimed at streamlining credit access for rural and small business borrowers, as announced by RBI Governor Shaktikanta Das.

RBI Governor Shaktikanta Das Among Top 3 Global Central Bankers Again

26 Aug 2024 15:18 PM IST

RBI Governor Shaktikanta Das ranks among the top 3 central bankers globally for the second consecutive year, earning an ‘A+’ rating in Global Finance's 2024 report.