SBI banks on 13.5k new hires to improve customer service
MUMBAI: SBI has employed 13,455 junior associates as a part of its plan to improve customer service at branches. The clerical-level hiring is a part of a broader consumption of
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NSE gets SEBI’s nod to launch monthly electricity futures contracts
NSE was the primary inventory change in India to set up an electricity change, launching Power Exchange India Limited (PXIL) in 2008. | Photo Credit: Reuters The National Stock Exchange
Wipro stake reshuffle: Azim Premji Trust offloads 1.72% for Rs 4,675 crore; promoter entities Prazim and Zash step in as buyers
In a major inside reshuffle, Wipro’s promoter entities executed a stake swap involving 18.05 crore shares, amounting to 1.72% of the corporate’s fairness, by way of block offers on Wednesday.
SEBI mandates dedicated UPI address for registered intermediaries
Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey addresses a press convention at SEBI Bhavan in Mumbai on June 11, 2025. | Photo Credit: PTI The Securities
Welfare leap: India’s social security net surge to 64% (*94*) 10 years; placed second (*94*) ILO ranking with 94 crore beneficiaries
India has posted the world’s quickest progress (*94*) social safety protection over the past decade, increasing its attain from simply 19% of the inhabitants (*94*) 2015 to 64.3% (*94*) 2025,
World Bank cuts India’s FY26 growth forecast to 6.3% on subdued exports, investments
India is projected to keep the quickest growth fee among the many world’s largest economies. File | Photo Credit: Reuters The World Bank has lower its growth forecast for India
Meesho turns public company ahead of $1 bn IPO
BENGALURU: Meesho formally transitioned right into a public restricted company, reveals filings with the ministry of company affairs. The transfer got here because the agency superior its plan to shift
Maruti Suzuki cuts near-term EV production amid rare earths crisis
Maruti Suzuki has lower near-term production targets for its maiden electrical automobile e-Vitara by two-thirds. File | Photo Credit: PTI Maruti Suzuki has lower near-term production targets for its maiden
Byju’s sells US subsidiaries at steep discount
BENGALURU: Byju’s has offered its US-based subsidiaries, Epic and Tynker, as a part of US chapter proceedings, in what seems to be a hearth sale. This marks the most recent
FSDC looks into enhancing cybersecurity, easing KYC norms
The FSDC additionally mentioned how one can prescribe and simplify widespread know-your-customer (KYC) norms and course of, together with for Non-Resident Indians (NRIs) within the Indian securities market. Photo: X/@FinMinIndia The
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