The Federal Reserve Bank of India (RBI) on September 18 announced the opening of the third cohort of regulatory sandbox with its theme as MSME lending, the financial institution said during a statement. The application for the Third Cohort could also be submitted from October 01, 2021, to November 14, 2021, the RBI said within the statement. To encourage innovations RBI had unrolled regulatory sandbox framework on […]
Oil demand to top pre-pandemic level next year: OPEC
OPEC said Monday that it expects global oil demand to exceed its pre-pandemic level next year because of the roll out of vaccines and economic rebound. “As vaccination rates rise, the Covid-19 pandemic is predicted to be better managed and economic activities and mobility will firmly return to pre-Covid-19 levels,” the Organization of the Petroleum Exporting Countries said in […]
Wipro Issues More than 74,500 Restricted Stock Units To Employees
India’s software services firm Wipro on Monday issued 74,689 shares to employees eligible under the Restricted Stock Unit Plan (RSUP) 2004. The IT major during a notification to exchanges said, “This is to tell you that the corporate has granted 74,689 (Seventy Four Thousand 600 and Eighty Nine) Restricted Stock units under Company’s ADS Restricted Stock Unit Plan 2004 to its employees.” the corporate mentioned […]