Who is the new MD of NARCL After Natarajan Sundar’s resignation?

Who is the new MD of NARCL After Natarajan Sundar’s resignation?

The National Asset Reconstruction Company Limited (NARCL) witnessed a pivotal change in leadership as P Santhosh, the Chief General Manager at Canara Bank, stepped into the role of Managing Director effective January 5. This significant appointment came in the wake of Natarajan Sundar’s resignation from the post of MD and CEO of NARCL, leaving many…

What is the IPO Price Band fixed for Jyoti CNC Automation?

What is the IPO Price Band fixed for Jyoti CNC Automation?

Jyoti CNC Automation, a prominent manufacturer of Computer Numerical Control (CNC) machines based in Gujarat, is gearing up for its much-anticipated initial public offering (IPO). The company has set the stage for its IPO with significant details unveiled for potential investors. Let’s delve into the specifics of this IPO, shedding light on the price band,…

List of Navi Mutual Funds that have Changed Names of Their Hybrid Schemes

List of Navi Mutual Funds that have Changed Names of Their Hybrid Schemes

Navi Mutual Fund, a prominent player in the financial market, recently announced significant alterations in the names of two of its hybrid schemes, impacting their identification for investors. This move, effective from January 1, reflects the fund’s commitment to compliance and clarity in scheme categorization. Also Read: How Did Sachin Tendulkar’s Investment in Azad Engineering Skyrocket?…

List of Mutual Fund Houses Holding Over 10% Cash in November 2023

List of Mutual Fund Houses Holding Over 10% Cash in November 2023

In November 2023, several mutual fund houses strategically maintained cash allocations exceeding 10% of their assets under management (AUM). This deliberate choice aimed to offer flexibility for potential investment opportunities and to tackle unforeseen redemption pressures. Let’s delve into the specifics of these funds and explore the broader context of cash allocations in the mutual…

What was the salary of ex-RBI Governor Raghuram Rajan?

What was the salary of ex-RBI Governor Raghuram Rajan?

In a revealing podcast episode of ‘Figuring Out’ with Raj Shamani, the esteemed former Reserve Bank of India (RBI) Governor, Raghuram Rajan, disclosed intriguing insights into the financial facets of his tenure, shedding light on his annual salary and the significant perks that accompanied his role. During the engaging conversation, Rajan, who steered the RBI…

What is the Minimum Daily Financial Requirement for Staying in Finland?

What is the Minimum Daily Financial Requirement for Staying in Finland?

Finland, known for its stunning landscapes, rich cultural heritage, and efficient social systems, has been a sought-after destination for travelers worldwide. However, intending visitors must be aware of the country’s recent adjustment to its minimum daily financial requirement for those staying within its borders. This change holds significant implications for travelers seeking short-term stays in…

Are Bulgaria and Romania Joining the Schengen Zone?

Are Bulgaria and Romania Joining the Schengen Zone?

The European Union has long been a beacon of unity and collaboration among its member states. One of the fundamental aspects promoting this unity is the Schengen Zone, which enables passport-free travel across its member countries. Recent developments indicate that Bulgaria and Romania, two Balkan nations, may soon find themselves part of this coveted area,…

Income Tax Calendar 2024: Important IT, GST, TDS Dates One Must Know!

Income Tax Calendar 2024: Important IT, GST, TDS Dates One Must Know!

As the year 2024 unfolds, staying abreast of income tax-related deadlines becomes crucial for individuals, businesses, and financial institutions alike. Timely compliance not only ensures smooth operations but also aids in avoiding penalties and maintaining regulatory adherence. To assist in navigating the intricate landscape of tax regulations, here’s a comprehensive calendar outlining essential dates related…

Who is the new MD and CEO of Kotak Mahindra Bank?

Who is the new MD and CEO of Kotak Mahindra Bank?

Kotak Mahindra Bank, a prominent name in the Indian banking sector, recently underwent a significant change in its top leadership. With the departure of its founder director Uday Kotak, the bank witnessed a transition in its managerial positions, welcoming accomplished individuals to steer the institution towards its next phase of growth and innovation. Who is…

List of Deadlines Extended and Not Extended Beyond 31st December 2023

List of Deadlines Extended and Not Extended Beyond 31st December 2023

As the year 2023 drew to a close, numerous crucial deadlines loomed on December 31, affecting various financial, banking, and regulatory aspects. Some of these deadlines were extended, providing individuals with additional time to comply, while others remained fixed, necessitating timely action. The following is a comprehensive breakdown of deadlines that either lapsed or were…