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The companies have written to the National Payments Corp. of India (NPCI), complaining that ₹700 crore of the ₹1,500 crore granted in the budget is being retained by banks.

TCS will refresh existing facilities and systems (including hardware), build new solutions for the issuance of e-passports and improve the citizen experience with solutions like biometrics, chatbots and auto-response among others as they go through the passport application process.

The service, since it started giving cashbacks to users actively over the past couple of weeks, has resulted in a significant surge in daily transaction numbers – to 2-3 million payments per day up from a few hundred thousand till recently, people briefed on the matter said.

JPMorgan said LIC is trading at 0.75 times FY23 price to embedded value on FY23 earnings basis after a post-IPO correction that saw erosion of ₹1.9-lakh-crore market cap.

Adani Power completed the acquisition of 100 per cent equities in SPPL and EREPL for about Rs 609 crore. On June 7, 2022, Adani Power had signed a share-purchase agreements to acquire 100 per cent equity shares of two companies.

Today is the record date for Baid Leasing and Finance Company to ascertain the eligibility of shareholders entitled to issue bonus shares of the company in the proportion of 1:1.

The regulator said Reliance Industries had the obligation to have enveloped the unpublished price-sensitive information (UPSI), however, having come to know about the selective availability of the information it was incumbent upon the company to provide due clarification on its own.

"The present public shareholding in the bank is 18.59 per cent and the bank has to increase this to 25 per cent or above in order to comply with the minimum public shareholding requirements...Hence, the bank proposes to issue fresh equity capital to increase the public shareholding to 25 per cent or above," BoI said in a regulatory filing.

The Reserve Bank of India, on behalf of the government, issues gold bold to the investors, who fall into the categories of retailers, HUFs, trusts, universities and charitable institutions.

"Falling crude oil coupled with an expectation of recession-like situation in the medium term had pulled long term rates lower," said Naveen Singh, head of trading at ICICI Securities PD.