Kotak Mahindra Bank announces new distribution structure under Pranav Mishra
Kotak Mahindra Bank on July 16 annoucned its new distribution structure as part of its growth strategy under Pranav Mishra . The distribution structure integrates...
Sebi issues administrative warning to Paytm over related-party transactions with PPBL
Market regulator Sebi has issued administrative warning to One 97 Communications, the parent company of Paytm, the company informed stock exchanges late evening on July...
M S Dhoni bets on Gurugram startup BluSmart that rivals Ola and Uber in EV biz
Former captain of the Indian cricket team, Mahendra Singh Dhoni, is among the investors in a Rs 200-crore funding round at BluSmart which competes with Ola...
South Indian Bank appoints Dolphy Jose as wholetime director
Thrissur-based South Indian Bank today announced the appointment of Dolphy Jose as Whole-time Director (Executive Director) of the Bank with immediate effect. Jose is an...
BoB to offer 7.25%launches BoB monsoon dhamaka deposit scheme
Bank of Baroda today announced the launch of the bob Monsoon Dhamaka Deposit Scheme, a special term deposit product offering higher interest rates. The bob...
57% of equity MFs outperform respective benchmarks in June’24,finds PL Wealth Management
The AUM (assets under management) of equity mutual funds witnessed a growth of 8.27% sequentially to INR 23,84,727 crore in June 2024 from INR 22,02,497crore in...
Kotak Mahindra CEO says bank has more to do on technology front, committed to further enhancing resources
Kotak Mahindra Bank (KMB) Managing Director and Chief Executive Officer Ashok Vaswani acknowledged that the bank needs to do more the technology-front and said the...
Softbank exits Paytm at loss of around $150 million
Japan's Softbank investment arm, Softbank Vision Fund, exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the...
BNW Morning Brief: Top Headlines of the week
Top headlines of the week from Biznewsweek
BNW quick analysis| Why did inflation rise in June?
The heatwave impact has been seen on vegetables. Wheat production lower according to the market for FY24 which has seen prices move up. These products will continue to witness high inflation.