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Indian Overseas Bank up 9% as lender issues shares to govt on preferential basis

MUMBAI, April 13 -- Shares of Indian Overseas Bank gained as much as 9.32% on Tuesday after the board of the bank approved issuing equity shares to the government on preferential basis for the capital... Read More


Indian Overseas Bank gains 9% on issuing equity shares to govt

MUMBAI, April 13 -- Shares of Indian Overseas Bank gained as much as 9.32% on Tuesday after the board of the bank approved issuing equity shares to the government on preferential basis for the capital... Read More


MSMEs can initiate bankruptcy resolution with Rs.15,000 fee

New Delhi, April 13 -- Small businesses that are on the verge of collapse can initiate the new bankruptcy resolution scheme by paying a fee of Rs.15,000, as per rules notified by the government under ... Read More


Telugu film 'Vakeel Saab' continues box office run

NEW DELHI, April 13 -- Telugu courtroom drama Vakeel Saab has continued its impressive box office run, despite rising covid cases, curbs and restrictions. The Pawan Kalyan-starrer had made around Rs.7... Read More


Paytm Payments Bank processes 970 million digital transactions in March

New Delhi, April 13 -- Paytm Payments Bank Ltd (PPBL) on Tuesday announced that it has registered over 970 million digital transactions in March. PPBL said that the record growth in digital transactio... Read More


Dr Reddy's gets a Sputnik boost, but there's lack of clarity on quantum of gains

New Delhi, April 13 -- Dr Reddy's Laboratories Ltd has continued to remain in limelight with the developments regarding its vaccines. With the approval of the covid-19 vaccine, the stock had gained ab... Read More


Dr Reddy's gets a Sputnik boost, but the quantum of gains are still being gauged

New Delhi, April 13 -- Dr Reddy's Laboratories Ltd has continued to remain in limelight with the developments regarding its vaccines. With the approval of the covid-19 vaccine, the stock had gained ab... Read More


India's pay-TV revenue to touch $12.3 billion by 2025: report

NEW DELHI, April 13 -- India's pay-TV industry is projected to grow at a compound annual growth rate (CAGR) of 7% between 2020-25 as total industry revenues, including subscription and advertising, re... Read More


Chandigarh admin warns of lockdown if Covid-19 cases continue to rise

New Delhi, April 13 -- A lockdown will be imposed in Chandigarh if coronavirus infections show a spike, the administration said on Monday. "A lockdown cripples the economy as it impacts livelihoods o... Read More


What explains Mamaearth's meteoric rise to $100 million revenues?

New Delhi, April 13 -- Mamaearth, which is run by Honasa Consumer, currently has an annual revenue run rate of more than Rs.700 crore ($100 million), according to analysts at Jefferies India Pvt. Ltd.... Read More