55 million how much rupees

“People on the ground have started realising that many people in their first degree of connection are now coming down with COVID-19, and the fear of what another lockdown will do to industries is the biggest overhanging worry for investors,” said Nikhil Kamath, co-founder and chief investment officer, Zerodha. … [Read more...] about Indian shares hit near four-month highs, record surge in virus cases caps gains

Private Lender Axis Bank has decided to wind down operations of its subsidiary Axis Bank UK Limited, based in the United Kingdom. In November 2019, ETBFSI exclusively revealed Axis Bank’s plans to exit the country following uncertainty surrounding economic conditions following the Brexit vote.According to British Government filings, Axis Bank had incorporated the subsidiary on March 7, 2011 by the name Axis UK Limited, the name of which was later changed to Axis Bank UK on April 23, 2013. Axis Bank UK, with an initial capital of $55 Million, received approval from regulators to carry out banking business which included deposit taking, disbursing loans, advances and investments.Axis Bank said the decision to shutter down operations was after reviewing its international strategy, and a ‘clear objective’ to focus on the Indian Banking market to harness potential. “In line with the said objective, the Bank has taken a decision to fully wind down and close the … [Read more...] about Axis Bank shutters UK ops; to surrender license by April 2021

Bundesliga 2019-20: Defining moments of the season Wirtz becomes Bundesliga's youngest scorer June 30, 2020 — At 17 years and 34 days, Florian Wirtz became the league's youngest ever goalscorer when he netted for Bayer Leverkusen against Bayern Munich on Matchday 30. He took the title from previous record holder Nuri Sahin, who scored for Dortmund at the age of 17 years and 82 days in 2005. With Kai Havertz's future up the air, could Wirtz become Leverkusen's next superstar? … [Read more...] about Leroy Sane to Bayern Munich: Bad for Bundesliga, good for Germany

“It is clear that the end goal of this administration is not only to shut down ABS-CBN, but to send a message throughout the media industry that other news organizations may face the same fate unless they surrender their watchdog role,” it said in a statement. … [Read more...] about New ban on Philippines’ top broadcaster fuels press freedom worries

Since 2016, the state has held 50 percent of TAP, a result of negotiations by the government with the Gateway consortium (of Humberto Pedrosa and David Neeleman), which took 45 percent of the carrier's capital. The remaining 5 percent is in the hands of the workers. … [Read more...] about Portugal announces plan to raise stake in national airline TAP