Fintech firm Credilio unveiled novio – an app to widen the credit card landscape for over 400 million UPI active customers. novio aims to make financial inclusion and credit card lifestyle accessible for every Indian household, the firm said in an official statement. novio has introduced a guaranteed card concept, allowing users to build their … Read more
New Delhi, Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to consider and approve the composite scheme of amalgamation for IDFC First … Read more
There are a host of corporate actions scheduled for this week. Infosys, ICICI Lombard, LTTS and LTIMindtree will trade dividends, while Jay Bharat Maruti will trade ex-split. Whereas, shares of three companies — Krishana Phoschem, Maruti Interior Products and Shri Venkatesh Refineries — will trade ex-bonus this week. Shares of Geekay Wires (Rs 10 to … Read more
Mumbai: The summer of 2018 was set to see the curtains come down on a three-decade financial services career. But destiny had a different idea. When turmoil engulfed ICICI Bank, the board of directors didn’t reach out to a powerful leader who would run it with an iron fist, but to one who would transform … Read more
Flipkart Mobiles Bonanza kicks off today, February 24, and will continue through February 28. It brings discounts on smartphones from leading brands along with no-cost EMI options and exchange offers. There are also bank offers including instant discounts with ICICI Band credit cards and EMI transactions. The Flipkart Mobiles Bonanza includes offers on Apple, Motorola, … Read more
MUMBAI: Wipro’s share buyback offers an arbitrage opportunity for small shareholders, according to brokerage ICICI Direct. Analysts expect investors to earn about 5%-14% from this trade depending on the extent of the acceptance in the buyback offer. India’s third largest software exporter Wipro has announced a buyback of 23.8 crore shares from its shareholders on … Read more
New Delhi: The Delhi government is likely to roll out from next week the subsidy scheme under its newly launched electric vehicle (EV) policy, officials said. The EV policy of the Delhi government was notified last month. Launching the policy, Chief Minister Arvind Kejriwal had said it aimed at registration of around five lakh electric … Read more