Employees Provident Fund Organization (EPFO), a retirement fund management, may begin investing a portion of its annual deposits in infrastructure investment trusts (InvITs). According to three government officials who requested anonymity, the...

In an unusual move, state-owned Life Insurance Corp. of India (LIC) is weighing a bid for Zomato’s shares in the online food delivery platform’s initial public offering this week as per the resources. LIC, which typically...

Equitas Holdings — the promoter of Equitas Small Finance Bank — said that the bank has received the Reserve Bank of India’s (RBI) approval to apply for amalgamation of the promoter into itself. As per the SFB licensing...

After a superlative show in FY21, the best in a decade, in which it has overcame large supply-side disruption, Corporate India is well-placed to turn in a good performance in the current year too. It may not have been a great start, however,...

The finance ministry on Thursday stated, it has sanctioned the fourth monthly installment of post devolution revenue deficit grant of Rs 9,871 crore to 17 states. With the release of this installment, a total amount of Rs 39,484 crore has been...

The cabinet on Thursday sanctioned a 23,123 crore rupee package to prevent a repeat of the disastrous events surrounding the second wave of the Covid-19 pandemic in case a third wave strikes. People struggled to find hospitals beds, oxygen and...

Bharat Dynamics Limited (BDL) and the Ministry of Defence signed a contract for Rs 499 crore on Thursday to manufacture and supply Akash missiles to the Indian Air Force (IAF). According to a press release, the contract was signed in the...

Equity mutual funds (MFs) witnessed lower inflows of Rs 5,988 crore in the month of June, compared with inflow of Rs 10,082.9 crore in May, according to data from the AMFI. Net inflow for the MF industry stood at Rs 15,320 crore in June as...

Life Insurance Corporation of India (LIC), which is gearing up to launch a mega initial public offering (IPO), will now have the post of Managing Director and Chief Executive Officer instead of an Executive Chairman on the pattern of public sector...

The last decade brought an avalanche of changes to the HR industry. The growth of artificial intelligence, the rise of the gig economy, the greater diversity and most recently, a global pandemic that has changed the reality of millions...