FMCG major HUL @HUL_News announced the appointment of Rohit Jawa as the MD and CEO. He will take over from Sanjiv Mehta, the present incumbent, Sanjiv Mehta, who will retire after holding the office since 2013.
https://t.co/E0e19ldAHY
#HUL#MD
Reliance @reliancegroup re-launched the 50-year-old iconic beverage brand Campa Cola in a new contemporised avatar as it looks to ramp up its own consumer goods offering to take on competition from @AdaniOnline, @ITCCorpCom & @Unilever
https://t.co/3bvU9i9DpL
#Ambani#Reliance
Other Commerce Fests:
Dance, Music, Food, Repetitive Games
Comfesco'23 Maitreyi:
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The Vampire Diaries directed by Ekta Kapoor sounds astounding and improbable.
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Net profit rises by 64% of @RBI (Central Bank of India)
RBI reported a 64 % increase in net profit to Rs458.2crores in the December quarter for FY 23.
In the last 3months the bank's gross non performing assets decreased 33% to rs 18,489 crores.
#NPA#netprofit
India's start-up ecosystem
Indian with being one of the fastest growing economies, now has the world's 3rd largest startup ecosystem with over 88000 startups and more than 100 unicorns.
#startup#entrepreneur#maitreyi#excelsior#unicorns#india
@RBI directs @TheOfficialSBI to amend clauses in its original Memorandum of Association by deleting or amending more than 10 clauses for setting up a subsidiary to provide operational support services to country's largest lender before approving the proposal.
#equity#RBI#SBI
Thousands of Chinese took to the streets to mark the New Year as authorities and state media sought to reassure the public that the
COVID-19 outbreak sweeping across the country was under control and nearing its peak.
#china#covid19#media#public#newyear
Commercial banks see double-digit growth after 7 years in FY22 says RBI
In it's report on Trend and Progress of Banking in India 2021-22, RBI said that the credit growth accelerated to a ten-year high in the current fiscal's first half.
#RBI#banks#credit#growth
Interest Rates On Post Office Deposits, Savings Certificate Raised.
This is the second quarter of an increase in a row in interest rates for some schemes. This follows a status quo or unchanged rates for nine straight quarters.
#RBI#interestrate#seniorcitizen
@HSBC hikes interest rates on FDs, senior citizens earn 7.50% on this tenor.
One of the largest banks and financial services providers globally, HSBC having its subsidiary in Mumbai since 1853 has hiked interest rates on domestic fixed deposits of less than ₹2 Cr.
#HSBC#bank
@amazonIN to warn customers on limitations of it's AI
Amazon's AI Service Cards will be public so its business customers can see the limitations of certain cloud services. The goal is to prevent mistaken use of its technology, explain how its systems work and manage privacy.
Google will soon translate your doctor’s handwriting
Developing an AI model that can decipher difficult-to-read handwriting, with a focus on notes and prescriptions written by doctors.
#google#AI#translate#doctors#prescriptions
Sensex and Nifty 50 dropped by more than 1% due to prolong fears of covid 19 in various countries.
On Wednesday, the sharp downfall topped the Sensex below it's 61,000 mark before correcting,while the Nifty 50 struggled to touch 18,200 levels.
#coronavirus#sensex#stockmarket
YES BANK is proud to be selected by the Reserve Bank of India for the first pilot launch of India's Central Bank Digital Currency (CBDC), referred to as Digital Rupee (e₹). We are happy to play a role in the RBI's vision of building a digitally powered economy.
@bharatpeindia sues former MD @Ashneer_Grover for fraud of embezzling company funds to pay for personal expenses, including rent, plane tickets, and skincare products, as well as funnelling money to fake vendors and recruitment services.
#BharatPe#AshneerGrover
#BharatPe has initiated criminal proceedings against fintech unicorn, BharatPe’s ousted co-founder, Ashneer Grover and his wife, Madhuri Jain Grover, seeking up to ₹88.67 crore in damages for alleged cheating and embezzlement of funds.
The rupee gained 71 paise to 80.69 against the American currency in early trade on Friday, as moderating US CPI data coupled with the fall in the dollar index boosted investor sentiments.
#rupee#ppp#dollar#comsoc#currency