Top headlines: Instagram's growth, Covid vaccine, Piramal's plans, and more
A picture-perfect growth story: Instagram has grown
by 66% in India
In the last 12 months, the number of Indian users of Facebook’s
picture and video sharing app Instagram grew by
more than 66 per cent — from 77.4 million to 129 million — according to data
from NapoleonCat, a social media management tool, which analyses data on apps
globally. Read More
Piramal group plans
to merge its financial services business with DHFL
The Piramal group
is planning to merge its financial services business with DHFL and has
sweetened its Rs 35,550-crore offer for fixed depositors by setting aside an
additional Rs 300 crore for them. Read More
DCB Bank,
RBL, Federal Bank bosses' terms to come up for renewal
The tenures of corner-room occupants at three private banks — DCB
Bank, RBL Bank, and Federal Bank — will be up for review in 2021, and will make
it clear if the Reserve Bank of India (RBI) will hardcode the maximum tenure
for the helmsmen at 15 years.
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