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Chola eyes 3-pronged strategy - The Hindu

Cholamandalam Finance joins consortium for retail payments

Cholamandalam Investment and Finance Company announced that it is one of the companies participating in a consortium of Vishwakarma Payments, that has applied for a new umbrella entity license for retail payments with RBI. RBI has set up a framework to authorise pan‐India Umbrella Entities that will focus on retail payment systems and fuel a less‐cash and more‐digital micro‐payments economy. The interoperable infrastructure will cater to banks and non‐banks and enable innovative use‐cases to solve the diversity, depth and width of consumers and small businesses in India. The consortium expects to focus on building an agile platform for seamless digital payments.

Markets likely to witness lacklustre trade; eyes RBI s monetary policy

Markets likely to witness lacklustre trade; eyes RBI’s monetary policy April 07, 2021 × Stocks to watch out for today: Barbeque-Nation, RIL, Cholamandalam Investment, Axis Bank, M&M and Concord Drugs Markets are likely to witness another lacklustre trading on Wednesday, even as the Reserve Bank will unveil its monetary policy in the afternoon. However, global stocks continue to unsupportive of bulls, with the US and some Asian markets being listless. SGX Nifty at 14,760 (8 am IST) indicates a flat opening, as Nifty futures on Tuesday closed at 14,750. While Dow Jones, Nasdaq and S&P 500 closed marginally lower overnight, Asian markets such as Japan s Nikkei, China s Shanghai, Australia s ASX and Korea s Kospi were little changed in the morning.

Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure

Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Market trades in range; breadth strong

Market trades in range; breadth strong
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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