The two companies have been found guilty of not complying with RBI's directions on 'Storage of Payment System Data', according to the RBI
'Citigroup will depart China, India, and 11 other retail markets, where we don't have the scale we need to compete,' said Citi Chief Executive Jane Fraser
Xinhua news agency said the State Administration for Market Regulation had assessed the fine after concluding an investigation into Alibaba that began in December
LG will now focus on growth areas such as electric vehicle components, connected devices, and smart homes
George Muthoot took charge as chairman in 1993, overseeing its expansion into more than 4,500 branches across the country and growing its market capital nearly eight folds in the past decade
The latest verdict restores the legal advantage for Jeff Bezos-founded Amazon that secured an interim stay on the deal from a Singapore arbitration tribunal in October
Malavika Hegde was appointed as the CEO with immediate effect, the company said in a filing to exchanges
BR Shetty landed in Abu Dhabi with $8 in 1973 and turned his sweat into a personal fortune worth billions
As Franklin Templeton is winding up the funds from April 23, investors will not be able to make any fresh purchases post this cut-off date
The deal, which makes Facebook the largest minority shareholder in Jio, comes after the government approved WhatsApp's digital payment service, which will compete with the likes of Google Pay and Paytm
Friday | 08 | December | 2023
Friday | 08 | December | 2023
