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Kerala IT takes a beating, faces Rs 4,500 cr loss in Q1

Thiruvananthapuram, June 11 (SocialNews.XYZ) Kerala Chief Minister Pinarayi Vijayan on Thursday said that the IT sector in the state has lost revenues to the tune of Rs 4,500 crore in the first quarter of the…








SBI to divest 2.1% stake in SBI Life

New Delhi, June 11 (SocialNews.XYZ) The State Bank of India will divest 2.1 per cent stake in SBI Life to achieve the minimum public shareholding of 25 per cent. In a regulatory filing, SBI said…











Kedaara acquires 72% stake in Religare Health

New Delhi, June 11 (SocialNews.XYZ) Private equity fund, Kedaara has acquired more than 72 per cent in Religare Health Insurance Company Limited (RHICL). The total investment made by Kedaara group entity, Trishikur Ventures to acquire…


RBI takes CRAs’ feedback on rating process

Mumbai, June 11 (SocialNews.XYZ) To strengthen the rating process, the Reserve Bank of India (RBI) garnered the credit rating agencies’ (CRAs) feedback as well as their assessment of the economy and various sectors The RBI…