Signs of Malice on the Mutual Fund Front
A fresh scandal seems to be brewing in the mutual funds business after Axis Mutual Fund suspended two fund managers for allegedly using inside information for personal gains
Adani Group acquired 63.19 per cent of Holcim’s two cement units in India Ambuja Cements Ltd and its subsidiary ACC in fierce bidding with local rivals
India exported goods valued at $40.19 billion in April 2022 against merchandise imports valued at $60.30 billion during the month
Larsen & Toubro Limited will hold 68.73 per cent of the merged LTI, even as the companies will continue to function independently for now
Tata Motors has also announced the signing of memoranda of understanding (MoU) with Amazon, BigBasket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV to deliver 39,000 Ace EVs
Educational Institutions, students and anyone who is interested in applying for these online Computer Science courses can take part by visiting the official portal at nsm.iitm.ac.in/cse/
The prime minister also announced several new initiatives in the Ayush sector, which include a special Ayush mark for Ayush products, medicines, supplements and cosmetics besides a special Ayush Visa to attract foreign tourists, among others
Net interest income (NII) of Rs18,872.70 crore, for the quarter ended 31 March 2022, was up 10.24 per cent year-on-year and up 2.3 per cent sequentially