BUSINESS
Sony buys anime streaming service Crunchyroll for $1.17bn
Crunchyroll is a premier anime direct-to-consumer service within AT&T's WarnerMedia segment. It serves 90 million registered users across more than 200 countries and territories offering AVOD (ad-based video on demand), mobile games, manga, events merchandise and distribution.
Foreign inflows fund market rally, Sensex at over 46K-mark
Foreign investors pumped in liquidity worth Rs 3,564.23 crore on Wednesday as they eye prospects of a faster economic recovery in India amid subsiding Covid-19 cases.
Govt plans to sell up to 20% stake in IRCTC
It has also proposed an additional share sale of up 80 lakh equity shares of 5 per cent of the paid-up equity share capital, in case of oversubscription.
NBFCs with 15% CRAR for 3 yrs may be allowed to pay dividend
The RBI has sought comments on the draft circular from NBFCs, industry participants and other interested parties by December 24.
India attracted $38 billion FDI despite pandemic: Amitabh Kant
He said that Niti Aayog has taken up various measures to attract FDI and has pushed limits in innovation. India is becoming an innovation-driven economy by removing regulatory barriers, he said, at a session titled 'Transformation of India with a focus on entrepreneur ecosystem' at TiE Global Summit.
Amazon, CII tie up to help MSMEs in 10 states adopt e-commerce
In a statement, Amazon India said, along with CII, it will work closely with the Ministry of MSME to enable lakhs of MSMEs across these states to leverage technology to reach customers in India and globally.
RBI report flagged ICICI loans to Videocon as 'imprudent' decision by Chanda Kochhar, says ED
The 308 page charge sheet, filed by the financial probe agency in Special PMLA court here last month, held that RBI official Malli Sudhakar, in a scrutiny report dated August 3, 2018 and in his statement to the agency on October 16 this year, revealed that there was "conflict of interest" on the part of Kochhar.
Net outflows from equity MFs at over Rs 12,900 cr in November
The net outflow stood at Rs 2,724.95 crore in October and Rs 734.40 crore in September. The outflow had stood at Rs 4,000 crore in August. In July, the net outflows stood at Rs 2,480.35 crore. Similarly, contributions through systematic investment remained flat at Rs 7,302.16 crore in November from Rs 7,799.98 crore reported for October.
ICICI Bank's board okays sale of 2.2% stake in ICICI Securities
The sale will be done through offer for sale (OFS) through the stock exchange mechanism.
DHFL resolution: Kapil Wadhawan writes to SEBI, RBI against 63 Moons
Last month, 63 Moons had filed a writ petition before the Madras High Court seeking direction to the Tamil Nadu government and the competent authority to attach various assets belonging to DHFL or in which DHFL holds a direct or indirect interest or the assets offered by Wadhawan.
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