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PepsiCo

PepsiCo Foundation To Invest $4,00,000 For Expansion Of Safe Water Access & Sanitation In UP Over 3 Years

PepsiCo Foundation will help provide improved access to fresh water for drinking and domestic purposes, impacting more than 20,000 people and 3,000 children across 13 villages in Mathura district over a period of three years

20 March 2023

Spicejet Significantly Restructuring Balance Sheet: Ajay Singh

Last month, the airline announced that Carlyle Aviation Partners will acquire a 7.5 per cent stake in the airline by converting outstanding dues as well as snap up shareholding in the cargo business


Credit Suisse

UBS Credit Suisse Deal: Holders Of $17 Billion Bonds Meet Same Fate As Yes Bank AT1 Bondholders 

In India, the high-risk AT1 bonds have been in the news ever since Yes Bank decided to write-off around bonds worth Rs 8,400 crore as part of its restructuring plan


Rekha Jhunjhunwala (in the middle) with Dr. R.V. Ramani

Rekha Jhunjhunwala Joins Board Of Sankara Eye Foundation India

Jhunjhunwala will continue the philanthropy work that her husband had initiated with SEFI earlier. Her charitable initiatives include contribution towards healthcare and education and she has supported multiple organizations...

20 March 2023

samsung

Samsung To Invest In Smart Manufacturing Capability, Research And Development In India

Samsung this year started manufacturing its premium Galaxy S23 series in India


Dixit Joshi, CFO, Credit Suisse

Credit Suisse Crisis: Who Is Dixit Joshi, The Indian-Origin Top Executive At The Swiss Bank?

Credit Suisse’s acquisition by UBS involved a team headed by Credit Suisse’s chief financial officer (CFO) Dixit Joshi

20 March 2023

No Direction On Loading Rs 2,000 Notes In ATMs: Finance Minister Nirmala Sitharaman

RBI in consultation with the government has announced various measures recently to diversify and expand the sources of forex funding to mitigate exchange rate volatility and global spillovers

20 March 2023

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Latest Crypto News: US FDIC To Assume Signature’s Non-Crypto Deposits, Bitcoin Up 35% In 10 Days

Here are some of the major developments from the world of crypto over the past few days

20 March 2023

20 March 2023
Sensex Falls Over 350 Points, Nifty Ends Below 17,000 Dragged By Losses In Infosys, Bajaj Finance

Sensex Falls Over 350 Points, Nifty Ends Below 17,000 Dragged By Losses In Infosys, Bajaj Finance

Nifty 50 index touched an intraday low of 16,828 and gold surged to record high of Rs 60,455 on the MCX


20 March 2023
ICICI Prudential Life Insurance Launches ICICI Pru Gold In Three Variants: Know Key Features  

ICICI Prudential Life Insurance Launches ICICI Pru Gold In Three Variants: Know Key Features  

ICICI Prudential Life Insurance has launched the ICICI Pru Gold in three variants to meet the individual’s various financial goals. 


20 March 2023
Crypto Prices Today: Market Trades Flat, BTC Up 0.95%, ETH down 1.52%   

Crypto Prices Today: Market Trades Flat, BTC Up 0.95%, ETH down 1.52%   

Bitcoin (BTC) was the most trending cryptocurrency, while Conflux CFX was the top gainer in the last 24 hours. 


20 March 2023
Gold Surges To Record High Amid Growing Fears Of Financial Uncertainty

Gold Surges To Record High Amid Growing Fears Of Financial Uncertainty

Banks led stock markets lower on Monday as Credit Suisse's takeover deal and promises of liquidity from central banks failed to stem fears of a bigger crisis...


20 March 2023
Strong Case To Hike Coal Prices, Could Happen Soon: CIL Chairman

Strong Case To Hike Coal Prices, Could Happen Soon: CIL Chairman

The CIL chief added that the company is aiming to raise underground coal production to 100 million tonnes by 2030 from around 25-30 million tonnes at present


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20 March 2023
Some Damage To Rabi Crops Due To Unseasonal Rains; Yet To Receive Full Report From States: Centre

Some Damage To Rabi Crops Due To Unseasonal Rains; Yet To Receive Full Report From States: Centre

Many parts of the country received unseasonal rains and hail in the last few days due to western disturbances, as per the India Meteorological Department (IMD)


20 March 2023
Credit Suisse-UBS Deal: Pointers To Know About The Historic Deal

Credit Suisse-UBS Deal: Pointers To Know About The Historic Deal

UBS is paying $3.25 billion for its rival in an all-share deal


20 March 2023
Air India To Temporarily Reduce Flights On Some US Routes: CEO

Air India To Temporarily Reduce Flights On Some US Routes: CEO

Air India has put in place a road map under Vihaan.AI for transformation over a five-year period and has taken various measures, including committing $400...


20 March 2023
JSPL Gets Approval To Manufacture India's First Fire-Resistant Steel Structures

JSPL Gets Approval To Manufacture India's First Fire-Resistant Steel Structures

The new grade steel structures will help the nation to reduce dependence on imports


20 March 2023
Indian Carriers To Report $1.6-1.8 Billion Consolidated Loss In FY24: CAPA

Indian Carriers To Report $1.6-1.8 Billion Consolidated Loss In FY24: CAPA

Indian airlines are estimated to have a net induction of 132 planes next fiscal and will take the total fleet of all carriers to around 816 aircraft


20 March 2023
Time For India To Look At Manufacturing Aerospace Products In India: Jyotiraditya Scindia

Time For India To Look At Manufacturing Aerospace Products In India: Jyotiraditya Scindia

There is an S-shaped evolution curve for all sectors and in the case of the civil aviation sector, India is between the "infancy and growth phase


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20 March 2023
Education, Health To Get Highest Allocations In Delhi Government's 2023-24 Budget, Say Officials

Education, Health To Get Highest Allocations In Delhi Government's 2023-24 Budget, Say Officials

The health was allocated Rs 9,769 crore in the 2022-23 budget while it was Rs 9,934 crore in the previous budget


20 March 2023
New York Community Bank To Buy Failed Signature Bank

New York Community Bank To Buy Failed Signature Bank

The deal will include the purchase of $38.4 billion in Signature Bank's assets, a little more than a third of Signature's total when the bank failed a week ago


20 March 2023
Jayanti Chauhan To Lead Bisleri, As Tata Consumer Withdraws Acquisition Plan: Report

Jayanti Chauhan To Lead Bisleri, As Tata Consumer Withdraws Acquisition Plan: Report

Last year, Tata Group initiated talks with Bisleri to acquire a stake in the bottled water company but has now decided not to pursue a buyout


20 March 2023
UBS To Buy Crisis-Hit Credit Suisse For $3.2B In A Deal Brokered By The Swiss Regulators

UBS To Buy Crisis-Hit Credit Suisse For $3.2B In A Deal Brokered By The Swiss Regulators

Post the Swiss deal, the world's central bank announced coordinated financial moves to stabilize banks in upcoming week


20 March 2023
SVB Collapse: 4 Things Indian Bank Depositors, Investors Should Keep In Mind

SVB Collapse: 4 Things Indian Bank Depositors, Investors Should Keep In Mind

While the Silicon Valley Bank collapse is a cause for concern, sticking to your basics and maintaining proper asset allocation will help you weather the storm...


20 March 2023
Where Your Fund Managers Are Investing? Here Are The Details

Where Your Fund Managers Are Investing? Here Are The Details

Investing in a mutual fund scheme is about trusting your fund managers to invest your money in winning sectors and related companies to deliver better returns.


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