5th March 2K21
Ø ICICI, HDFC, SBI will have to offload Rs 1.2 lakh Cr if RBI caps stake in insurance arms: Report
Ø Indian merchants almost halt exports to Iran as its rupee reserves fall: Officials
Ø General Atlantic to sell 18% Stake in KIMS Hospitals
Ø NBCC signs MoU with RINL to redevelop, monetise 22.19 acre land in Visakhapatnam
Ø Adar Poonawalla-led Rising Sun Holdings notifies CCI of Magma Fincorp Deal
Ø India asks OPEC+ to fulfill promise of stable oil prices
Ø RBI to conduct simultaneous sale-purchase of Govt securities next week
Ø Asset growth at NBFCs, HFCs to jump in FY22: India Ratings report
Ø 85 Tonnes of gold flowed out of ETFs in February as prices fell: WGC
Ø Financial stocks cornered over half of $3.56 Billion FPI flows in Feb
Ø World shares track Wall Street decline as bond yields rebound
Ø US Unemployment claims tick up to 745,000 as layoffs remain high
Ø ArcelorMittal Nippon Steel inks ₹50,000-cr pact with Odisha
Ø Cochin SEZ seeks more time to put house in order after GAIL exit
Ø First shipment of red rice exports to US flagged off
Ø EPFO keeps interest rate unchanged at 8.5% for FY21
Ø Welspun India's board approves raising up to $100 mn
Ø Wipro to acquire UK-based Capco for $1.45 million
Ø Franklin Templeton case should be probed by SEBI: AMFI
Ø Panel to review spectrum allocation plan on 5 March
Ø ICICI Bank targeting to serve 20 lakh customers of rival banks through app
Ø Indiabulls Housing Finance raises ₹1091 Cr via foreign currency convertible bonds
Ø MTAR Technologies IPO subscribed 10.27 times on the second day
Ø Oil dips near $61 ahead of key OPEC+ meeting on output policy
Ø Spectrum buys to bolster telcos’ market position; balance sheets can absorb costs: Moody’s
Ø Jet Airways resolution process: MoCA, DGCA say no deemed approvals for slots
Ø Chinese hackers targeted India's power grid system through malware: Report
Ø SBI MF’s international fund to tap top S&P 500 firms
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👉🏻ED launches money-laundering investigation against Franklin Templeton
(The ED has registered an Enforcement Case Information Report (ECIR) against Franklin Templeton based on a First Information Report (FIR) filed at the Chennai Police Economic Offences Wing)
👇🏻 👇🏻 👇🏻
http://bit.ly/3sTt8uR
👉🏻Size of Sign Board for the office of Chartered Accountant
(Size of Sign Board for the office of Chartered Accountant discussed by *CA. Vivek Khurana*)
👇🏻 👇🏻 👇🏻
https://bit.ly/3bc8NL0
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⚫Foreign investments in the equity segment in April-Dec grew 40% to $51.47 billion, from $36.77 billion a year ago.
⚫The country's non basmati rice exports have increased to Rs 26,058 crore during April-Jan 2020-21 as against Rs 11,543 crore in the same period last fiscal.
⚫Average rural power supply duration increased to18.5 hrs in 2019-20, from 12.5 hrs in 2014-15.
⚫EPF subscribers to get 8.5% interest rate in FY21
⚫Bengaluru was ranked the most liveable among 111 cities in the Govt's 'Ease of Living Index'. It was followed by Pune, Ahmedabad, Chennai and Surat.
⚫I-T officials have raided 28 premises in different locations of Mumbai, Pune, Delhi and Hyderabad belonging to Bollywood celebrities including Taapsee Pannu, Anurag Kashyap and two leading film production companies.The evidence of huge suppression of income, non-genuine bogus expenditure by the leading film production house has been unearthed. The company officials have not been able to explain the discrepancy of around Rs 300 crore.
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