The Jalandhar-based lender, the country's first small finance bank, allotted 1.06 million shares to the insurance company at ₹468 per share. The capital infusion is likely to raise the capital to about 20.8%, the bank said.
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May iPhone Exports Swell to Record ₹10kcriPhone exports from India touched a record ₹10,000 crore in May, boosting the outward shipments of smartphones from the country to ₹12,000 crore during the month, according to industry data.
Call of Beauty: India New Darling of Global BrandsIndia is witnessing an influx of global beauty brands, probably the most in a year as per industry executives, as they target the country with the largest population of young people and increasing disposable income for their next phase of growth.
New Consumption Survey to Track Online ExpensesCall it the next-gen consumption survey. The ongoing government consumption survey is going beyond asking what you eat, what you wear, and what you own; it also wants to know your OTT subscription spend, the time you spend online, how often you shop online, whether you order meals from Zomato or Swiggy, and if you own an electric vehicle.
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