Search Results for: housing finance companies

Sensex trades flat amid negative global cues from US, Asian markets

At 9.40 a.m., Sensex was at 81,816, up 31 points and Nifty was up 19 points at 25,071

Aug 29, 2024

Harnessing Edge Computing: A New Era for Industrial Automation

Vishvesh H. Khisty's exploration of edge computing in industrial automation presents a compelling case for how this technology will revolutionize the sector.

Aug 29, 2024

Sensex ends flat, Nifty at 25,052 after hitting fresh all-time high

Indian equity benchmarks closed flat on Wednesday following volatility in the markets.

Aug 28, 2024

PMJDY: A Decade of Financial Inclusion in India

The Pradhan Mantri Jan Dhan Yojana (PMJDY) scheme, launched in 2014, has integrated over 53.14 crore economically marginalized individuals into mainstream banking. The scheme has seen a 3.6-fold growth in accounts, providing access to formal banking services and promoting financial inclusion. The PMJDY scheme has also promoted gender equality and rural inclusion, with 67% of accounts opened in rural or semi-urban areas and 55% by women. The success of PMJDY in promoting financial inclusion in India is comparable to similar initiatives globally, like M-Pesa in Kenya and Grameen Bank in Bangladesh.

Aug 28, 2024

Samsung launches Bespoke AI Washing Machines in India; starts at Rs 52,990

With the launch of these 10 large-capacity models, Samsung continues to innovate, offering Indian consumers cutting-edge technology and convenience, making laundry a less daunting chore.

Aug 27, 2024

Yes Bank expels its country head of financial markets, reason unknown

Amit Sureka, based in Yes Bank's Mumbai branch has been working with the private lender since 2005

Aug 27, 2024

IMF Boosts Egypt's Economy with $820 Million Aid Amid Regional Tensions

The IMF has approved a disbursement of $820 million to strengthen Egypt's economy. This aid is part of an $8 billion loan program agreed upon in March to help Egypt deal with regional tensions. Despite Egypt's economic progress, the IMF warns of the challenging regional environment it continues to face.

Aug 27, 2024

Apple appoints Indian-origin Kevan Parekh as its new CFO

Who is Kevan Parekh; Indian-origin exec appointed Apple's New CFO

Apple Inc. has appointed Kevan Parekh, an Indian-origin executive, as its new Chief Financial Officer (CFO). Parekh, who has been with Apple for over a decade, will officially assume his new role on January 1, 2025.

Aug 27, 2024

Elon Musk backs California's new bill that seeks to create guardrails around AI

Tesla and SpaceX CEO Elon Musk came out in support of a new California bill that aims to create guardrails around artificial intelligence (AI).

Aug 27, 2024

RG Kar scam: ED to enter investigation by filing ECIR on Principal Sandip Ghosh

More trouble seems to be brewing for the former and controversial Principal of R.G. Kar Medical College & Hospital, Sandip Ghosh, as the Enforcement Directorate (ED) is also entering the scene by filing an Enforcement Case Information Report (ECIR) regarding financial irregularities there during his tenure.

Aug 27, 2024

SEBI Issues Notices to Paytm CEO Vijay Shekhar Sharma Over Alleged IPO Irregularities

SEBI has issued notices to Paytm CEO, Vijay Shekhar Sharma, over alleged IPO irregularities. The allegations include misrepresentation of facts and non-compliance with promoter classification norms.

Aug 26, 2024

Telegram founder Pavel Durov faces up to 20 years in prison if convicted

Telegram Founder Durov Arrested Amid Privacy Controversy

Pavel Durov, the Russian-born founder of the popular encrypted messaging app Telegram, has been arrested in France. Durov, who also created the social media platform VKontakte, was apprehended at Le Bourget Airport outside Paris, immediately after he disembarked from his private jet.

Aug 25, 2024