BUSINESS
RBI fixes Rs 100 per day compensation for customers in case CIs don’t resolve complaint in 30 days
The circular has been sent to all banks, NBFCs, financial institutions, asset reconstruction companies, and credit information companies.
RBI tells banks to raise limit for non-callable term deposits to Rs 1 crore
The RBI issued a master direction to banks on Thursday, stating that all domestic term deposits accepted from individuals for amount of Rs 1 crore and below shall have premature withdrawal facility.
Short-term trend of Nifty continues to be negative, say analysts
While Nifty closed 281 points down at 18,841, Sensex fell 900 pts to close 63,148.
Nifty sinks below 19K to four-month low
While Nifty tanked 257 points to a four-month low, Sensex plunged 900 points to settle at 63,148 levels, he said.
Google will continue to make meaningful investments in AI: Sundar Pichai
Pichai said that it is all part of the focus on making AI more helpful for everyone, like the Search Generative Experience (SGE) which is our experiment to bring Generative AI capabilities into Search.
Ola Electric raises Rs 3,200 cr to boost EV biz, build cell manufacturing factory
The funds raised would be used towards expansion of Ola’s EV business and setting up India's first lithium-ion cell manufacturing facility in Krishnagiri, Tamil Nadu, the company said in a statement.
Canara Bank logs 43% growth in Q2 PAT at Rs 3,606 cr
In a regulatory filing, Canara Bank said for the quarter that ended September 30, it had earned a total interest income of Rs.26,837.68 crore (Q2FY23 Rs 20,106.92 crore) and a net profit of Rs 3,606.14 crore (Rs 2,525.47 crore).
Revenue from ‘click to message ads’ in India has doubled YoY, says Meta CEO
During the company's quarterly earnings call, he said that business messaging will be the next major pillar of the company’s business.
Sensex plunges more than 800 points to fall below 64k mark
Sensex is down by 832 points at 63,216 points in morning trade amid massive selling the markets.
Nifty closed in the green on 5 occasions in month of November for last 10 yrs
The Nifty Mid-cap index, on the other hand, has shown a relatively stronger seasonality, closing in the green on eight occasions with an average return of 2.1 per cent, the report said.
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