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HDFC Bank crosses USD 100 billion M-Cap

India’s largest by assets-private sector lender, HDFC Bank Limited becomes the third Indian Company to cross the USD 100 billion market capitalization (M-Cap). With this, HDFC Bank Ltd has become the 110th most valued firm in the world and joins the league of other two Indian Companies- Reliance Industries Limited (RIL) and the Tata Consultancy ..

RBI to conduct ‘Operation Twist’

The Reserve Bank of India (RBI) under the open market operations has announced a simultaneous sale and purchase of the government bonds. This will be the first time in the country that the government bonds will be on simultaneous sale and purchase, the entire mechanism will be in line with an operation adopted by the ..

11th Regional Quality Conclave in Uttarakhand

The Quality Council of India(QCI) along with the PHD Chamber of Commerce and Industry(PHDCCI) will be organizing the 11th edition of the Regional Quality conclave on Friday, 20th December 2019. The conclave will be organized at Rudrapur, Udham Singh Nagar district of Uttarakhand. The theme for 11th Regional Quality Conclave- Advance Manufacturing with Quality, Innovation ..

GeM partners with UCO Bank and Bank of Maharashtra

The Government e-Marketplace(GeM) has signed two Memorandum of Understanding(MoUs) with the public sector banks, Bank of Maharashtra and UCO bank on Monday, 16th December 2019. Under the MoU, a number of services including transfer of funds through GeM Pool Account(GPA), Earnest Money Deposit(EMD) and advising of Performance Bank Guarantees(e-PBG) will be provided to the registered ..

USD 250 million loan signed with ADB

The Government of India has signed a USD 250 million loan with the Asian Development Bank (ADB) for expanding the energy efficiency investments in the country. The loan amount will be utilized by the Government of India’s, world’s largest public Energy Service Company(ESCO), Energy Efficiency Services Limited(EESL) that will benefit agricultural, institutional and residential consumers. ..