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No corporate loan sanctions, renewals without LEI code: IRDAI
No corporate loan sanctions, renewals without LEI code: IRDAI

Chennai, The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers not to grant loan renewals or enhancements if the borrowers do not get the LEI code from the Legal Entity Identifier India Ltd.

In a circular, IRDAI has asked insurers and others regulated by it to get the Legal Entity

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STPI-registered IT cos log Rs 4.21 lakh cr of exports in FY20
STPI-registered IT cos log Rs 4.21 lakh cr of exports in FY20

New Delhi, IT firms registered with the Software Technology Parks of India (STPI) have logged exports worth Rs 4.21 lakh crore during the financial year 2019-20.

According to Omkar Rai, Director General of STPI, the exports rose to Rs 4,21,103 crore in 2019-20 from Rs 52 crores in 1992-93.

"In

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SEBI censures AstraZeneca Pharma for 'fraudulent trade practices'
SEBI censures AstraZeneca Pharma for 'fraudulent trade practices'

New Delhi,  The Securities and Exchange Board of India (Sebi) has "strongly censured" Astrazeneca Pharma India Limited for "gross professional misconduct" and fraudulent trade practices" in its 2014 delisting exercise.

The Sebi order running into 65 pages comes six years after th

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PSBs sanction Rs 17,705 cr collateral free loans for MSMEs
PSBs sanction Rs 17,705 cr collateral free loans for MSMEs

New Delhi, Public sector banks (PSB) have so far sanctioned Rs 17,705.64 crore worth of loans under the 100 per cent government guaranteed Emergency Credit Line Guarantee Scheme.

The scheme is part of the Aatmanirbhar Bharat economic package. As per the government, banks would provide collateral-freeloans to the e

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Indian Overseas Bank reduces interest rates on loans
Indian Overseas Bank reduces interest rates on loans

New Delhi, Chennai-based public sector bank Indian Overseas Bank (IOB) on Sunday said that it has reduced its interest rate on loans linked to MCLR by 30 basis points (bps) in overnight tenor and by 20 bps in one month to one year tenors with effect from June 10.

In a statement, the bank said that loans linked to

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ICC will have to allow more substitutes for bio-secure match: Atherton
ICC will have to allow more substitutes for bio-secure match: Atherton

London,  Former England captain Michael Atherton said that the International Cricket Council (ICC) will have to allow more substitutes in cricket. Teams are presently allowed to replace a player who has sustained a concussion with another but Atherton said that with England set to host West Indies in a three-match Test seri

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Brathwaite joins Black Lives Matter march in London
Brathwaite joins Black Lives Matter march in London

London,  West Indies all-rounder Carlos Brathwaite posted photos of him at a Black Lives Matter march in London. He posted pics of the protest march and one alongside English footballer Adebayo Akinfenwa.

"The revolution will be televised. #blacklivesmatter," said the former West Indies T20 cap

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Former athletics chief Diack faces court over corruption
Former athletics chief Diack faces court over corruption

Paris, Former president of the International Association of Athletics Federations (now World Athletics) Lamine Diack who is facing a potential 10-year sentence on charges of accepting millions of dollars to cover up Russian doping tests, will go to court here on Monday.

The 87-year-old Senegalese was charged with

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Dortmund tighten grip on second place with 1-0 win over Hertha
Dortmund tighten grip on second place with 1-0 win over Hertha

Berlin, Borussia Dortmund tightened their grip on second place in the Bundesliga after Emre Can's second-half goal ended Bruno Labbadia's unbeaten run as Hertha Berlin coach in the 30th round of matches on Saturday.

Neither Dortmund nor Hertha were able to develop much offensive momentum, meaning goalscori

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Bengal coach Lal holds digital class with JSCA coaches
Bengal coach Lal holds digital class with JSCA coaches

Kolkata, The Cricket Association of Bengal (CAB) on Saturday helped Jharkhand State Cricket Association to hold a digital class with Bengal's head coach and former India cricketer Arun Lal as the expert faculty.

"The Jharkhand State Cricket Association had sent a formal request to have Arun Lal as expert

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