Business

In August, FPIs sold stocks worth Rs 10,921 crore

FPIs sold shares in August valued Rs 10,921 crore According to V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, Foreign Portfolio Investors (FPIs) shifted...

RBI: Penalty interest cannot be charged by lenders on loans

RBI: Lenders are prohibited from imposing penalties on loans. The Reserve Bank of India (RBI) announced on Friday that banks are not allowed to utilize...

Rupee increases by 9 paise to 82.99 US dollars

Against the US dollar, the rupee gained 9 paise to 82.99. The Indian rupee rebounded from its record low levels and gained 9 paise to...

Sahasra Semiconductor will begin producing chips on September 23

From September 23 Sahasra Semiconductor will start manufacturing chips. Sahasra Semiconductor, based in Rajasthan, is gearing up to commence commercial production of India's first domestically manufactured...

Foxconn increases its proposed investment in Telangana to $550 million

Foxconn increases the amount of money it wants to invest in Telangana The Board of Directors of FIT Hon Teng Ltd (commonly known as Foxconn)...

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