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Bureaucrat Remanded in Custody for Bribery till June 27 in Pune
A senior official in India's Pune, Anil Ramod, has been arrested by CBI for accepting bribes. Mr Ramod held 17 bank accounts with INR 47 lakh combined. CBI confiscated INR 6.64 crore from his residence.
Tata Steel Plant in Odisha Reports 18 Hospitalized Following Steam Leak Incident
Tata Steel reports 18 hospitalized & 2 in intensive care after a steam leak at Meramandali BFPP2. The company is investigating the cause of the accident.
CJ DARCL Logistics Achieves Year-on-Year Great Place to Work Certification
CJ DARCL Logistics has been awarded the Great Place to Work certification for its commitment to creating a positive and engaging work environment. The company focuses on inclusivity, professional growth, and trust to enable its team members to achieve their full potential. They also excel in providing multimodal transportation services nationwide and are committed to sustainability.
India’s 3-5 Year Bonds Garner Interest as Rate Cuts Remain Delayed: Insights from Bharti AXA’s Bhuskute
Learn from Rahul Bhuskute, the CIO at Bharti AXA Life Insurance, about fixed-income investments in India. Consider shorter-duration government bonds for decent carry and less duration risk. For long-term investments, opt for corporate bonds with a decent spread. Read more.
Mutual Funds May Lose Holdings Exemption Following HDFC Bank-HDFC Merger, Say Sources
The Securities and Exchange Board of India (SEBI) is unlikely to exempt mutual funds from exceeding the maximum holdings post-merger between HDFC Bank and HDFC. This could impact the stock of the new institution.
