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The net proceeds from the fresh issue will be utilised for pre-payment or scheduled repayment of a portion of the existing borrowing availed by the company, funding capital expenditure requirements towards purchase of machinery, infrastructure repairs and renovation of its existing production facilities including office premises in India and general corporate purposes.",
According to the National Payments Corporation of India (NPCI), PPBL was the top UPI beneficiary among banks in December, with 283.5 crore transactions it received during the month. It had remitted 41 crore transactions in the period. Customers made 144.25 crore transactions on the Paytm Payment Bank App worth Rs 16,569.49 crore in December.",
The Reserve Bank of India (RBI) has called on a wider set of lenders to take part in pilot programmes using the central bank digital currency (CBDC) as it tries to increase transactions, three bankers told Reuters on Wednesday.",
In a harrowing account, Hyderabad-based employee Nitika Kumari claims to have been subjected to “ethnic humiliation” by colleagues, with the shocking threat of being “slapped so hard” if she didn’t comply. "
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An alert Railway Protection Force (RPF) personnel rescued a woman from falling under a moving train in Secunderabad, Telangana. News agency ANI released CCTV footage of the incident that happened on Friday.",
The work features a red dragon on a black background by the frightened character’s face. It never graced store shelves because it was deemed too expensive to reproduce on a wide scale, a victim of the artist’s craftsmanship.",
Hyundai Motor India expects its SUV range to gain further traction in the domestic market with demand for personal mobility gaining momentum post the second wave of Covid-19, according to a senior company official.",
The seer has been named the third accused in the case by the Bengaluru police’s Central Crime Branch. Poojary has alleged he paid Rs 1.5 crore out of the Rs 5 crore for the poll ticket to the seer after Kundapura and her associate Gagan Kadur, the BJP youth wing Bharatiya Janata Yuva Morcha, asked him."
UBS Group said on Thursday it would fully absorb Credit Suisse’s domestic bank, adding that it was increasing its ambitions for cost savings to more than billion across the group."
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