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Financial Services, Banking Stocks See Sharp Correction
On Monday, major financial services stocks were trading in red. Nifty Bank index fell 6.5 percent to touch a low of 18,668.70, while S&P BSE Finance index slipped over 7 percent to 4,168.72. Among stock that saw sharp corrections, Shriram Transport ...
Reliance Jio To Offer Mutual Funds & Other Financial Products
As per reports mentioning people with knowhow on the development, Mukesh Ambani led Reliance Jio Infocomm is set to offer mutual funds and other financial products and services via its digital payments interface JioMoney. "Reliance Jio has been working on ...
Reliance Jio To Offer Mutual Funds Other Financial Product
GST Will Now Be Levied For These Financial Transactions
After the service tax notices were slapped on banks for non-payment of service tax on free services provided to their customers, there came in a clarification stating that free services such as withdrawal at ATMs, cheque book issuance upto a certain ...
Gst Will Now Be Levied These Financial Transactions
Piramal to buy 20% stake in Shriram Capital for $334 million
Mumbai: Piramal Enterprises Ltd said it agreed to buy a 20 percent stake in unlisted Shriram Capital Ltd for 20.14 billion rupees (USD 334 million), increasing its foothold in the financial services sector. Shriram Capital is the holding company for ...
TCS sets up a new business unit exclusively for digital solutions
IT service-major Tata Consultancy Service set up the Digital Software & Solutions Group exclusively dedicated for providing digital solutions. The new arm in the initial years shall serve customers from the retail, banking and financial services and telecom industry. ...
Tcs Sets Up New Business Unit Exclusively Digital Solutions
Religare Enterprises arm acquires brokerage 'Noah' in South Africa
The Religare Capital Markets (RCML), the investment bank arm of Religare Enterprises, will acquire a majority stake in South African brokerage Noah Financial Innovation. The amount of this transaction has not been undisclosed. This acquisition will allow RCML a foothold ...
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