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BSE shares tanked a record 17% in morning trade today
By infodivyadelhi
19-04-24
Divya Delhi :In Monday's trade, BSE Ltd. shares fell more than 17%, their biggest intraday decline on record, after Sebi ordered the exchange to pay regulatory fees based on the notional value of its options contracts, not the premium value.Sebi wrote on Friday that BSE must pay regulatory fees and 15% interest dep...
RBI shares guidelines norms for voluntary conversion of SFBs into universal banks
By infodivyadelhi
19-04-24
Divya Delhi :SFBs aspiring to become universal banks must have scheduled status and a sufficient track record of performance for a minimum period of time, according to the central bank. SFBs aspiring to become universal banks are required to have scheduled status and a satisfactory performance track record for at least...
Swiggy takes confidential route for $1.25-billion public listing. Here's what that means
By infodivyadelhi
19-04-24
Divya Delhi :According to a January note from Bernstein, Zomato held an approximate 54% gross merchandise value share in the food delivery industry during the first half of 2023, while Swiggy held the remaining share.Reportedly, Swiggy, a market leader in food and grocery delivery, has submitted preliminary documents t...
Many changes coming soon': Ola CEO Bhavish Aggarwal unveils new design of Ola app
By infodivyadelhi
19-04-24
Divya Delhi :Ola CEO Bhavish Aggarwal announced a revamp for the beloved ride-hailing app. The upcoming upgrade will include UX adjustments and a new visual style.Aggarwal showed a new interface preview. Ola switched to its own mapping system, improving location accuracy and service reliability.A revamped bottom naviga...