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CAMS Rs 2,240-cr IPO opens today– Here is all you need to know
By Administrator_India Capital Sands New Delhi: Computer Age Management Services (CAMS) initial public offering (IPO) will hit the primary market on September 21. CAMS, which acts as a registrar and transfer agent (RTA) for mutual funds is targeting to raise Rs 2,240 crore from investors. The company’s chief executive Anuj Kumar said NSE decided to […]
SBI ATM cash withdrawal new rules from today: All you need to know
By Administrator_India Capital Sands State Bank of India (SBI), from September 18, is extending OTP-based cash withdrawal for Rs 10,000 and above throughout the day across all SBI ATMs in the country. For withdrawing Rs 10,000 and above, SBI debit cardholders now have to enter OTP sent on their registered mobile numbers along with their […]
Covid-19: UK inflation eases to 0.2% on temporary steps to aid spending
By Administrator_India Capital Sands The U.K. inflation rate fell to the lowest since 2015 last month, driven by government tax cuts and other stimulus designed to dig the economy out of the depth of the coronavirus crisis. The reading of 0.2% was slightly higher than the zero forecast by economists, although the drop from July’s reading of 1% was still the […]
RBI proposes to launch exchange-traded, OTC interest rate derivatives
By Administrator_India Capital Sands The Reserve Bank of India on Tuesday proposed to introduce exchange-traded and over the counter interest rate derivatives products that would be accessible to both foreign investors and retail participants. However, retail participants can only use the product for hedging, while non-retail participants can use the product for any purpose. In a […]
Banks’ NPAs in large industry, services dip 31% in over 2 yrs to Rs 4.3 trn
By Administrator_India Capital Sands Banks’ non-performing assets in large industry and services declined 31 per cent in over two years to about Rs 4.36 lakh crore in June this year, Parliament was informed on Monday. On whether the non-performing assets of big industries and corporate houses have increased sharply as compared to small businesses due […]
Centre urges 7 big states to ensure adequate oxygen availability in all healthcare facilities
By Administrator_India Capital Sands The Centre on September 13 urged Maharashtra, Andhra Pradesh, Karnataka, Telangana, Gujarat, Rajasthan and Madhya Pradesh to ensure adequate oxygen availability in all healthcare facilities and unrestricted intra- and inter-state movement of oxygen cylinders because of the COVID-19 pandemic. The Union Health Ministry held a virtual meeting where Union Health Secretary, […]
Singapore Airlines plans to cut 4,300 jobs due to Covid-19 pandemic
By Administrator_India Capital Sands Singapore Airlines Group said Thursday it will eliminate 4,300 jobs due to the “long road to recovery” for the global aviation industry battered by the coronavirus pandemic. The group said in a statement it will cut the positions across Singapore Airlines, regional arm SilkAir and budget unit Scoot. After taking into account a recruitment […]
Amazon to hire 33,000 in corporate and tech roles in the next few months
By Administrator_India Capital Sands Amazon is on a hiring spree. In the latest sign of how it’s prospering while others are faltering during the pandemic, Amazon said Wednesday it is seeking to bring aboard 33,000 people for corporate and tech roles in the next few months. It’s the largest number of job openings it’s had at one time, […]