RBI’s green bonds issuance oversubscribed on debut

[ad_1] The maiden sovereign green bond (SGrB) auction of Rs 8,000 crore held on Wednesday got oversubscribed owing to robust demand from various market participants, primarily banks. The 5-year and…

ICICI Bank net profit up 34% to Rs 8,312 cr

[ad_1] Private sector lender ICICI Bank on Saturday reported a 34.2 per cent rise in its standalone profit after tax (PAT) at Rs 8,312 crore in the quarter ended December…

Adani Group plans to demerge more business; dismisses debt concerns

[ad_1] India’s Adani Group, controlled by billionaire Gautam Adani, plans to spin off more businesses by 2028 and dismisses any debt concerns, the group’s chief financial officer told Reuters. The…

Big Tech needs to pay news publishers for content: Govt

[ad_1] BIG TECH content aggregators should give a “fair share of revenues” to digital platforms of print news publishers and there was a need to address the “disproportionate imbalance” in…

HUL’s Q3 net profit up 11.68% to Rs 2,505 cr

[ad_1] Hindustan Unilever Ltd (HUL), India’s leading FMCG company, Thursday posted an 11.68 per cent increase in net profit to Rs 2,505 crore for the quarter ended December 2022 (Q3)…

Tethering inflation is 2023 focus: RBI report

[ad_1] With consumer price-based inflation (CPI) easing below the upper tolerance band of 6 per cent, the focus for 2023 is to tether inflation at those levels and further align…

‘EVs alone can’t be India’s green energy shift’

[ad_1] India’s green energy shift can not be pegged only on electric vehicles (EV) and would require a variety of other options, such as hybrid, CNG and hydrogen, said Toshihiro…

Start-up funding falls by 33% in CY22

[ad_1] Funding for Indian start-ups fell by $ 24 billion in the calendar year 2022, a drop of 33 per cent in comparison to 2021 but was still more than…

Meta introduces limit on targeting under-18 with ads

[ad_1] Starting February, Meta will remove the ability for advertisers to target users under the age of 18 on Facebook and Instagram by gender, to restrict how advertisers target kids.…

Goldman Sachs to start cutting thousands of jobs midweek

[ad_1] Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said. The company is preparing for a tough economic…