Will investors regain confidence on home financiers?
RBI has slashed the rate by 135 bps since February, helping lower the absolute yields.
JPMorgan races to add rescue financier to slew of WeWork roles
JPMorgan funds are among We Co.’s largest shareholders, trailing only SoftBank Group Corp., the company’s co-founders and venture capital giant Benchmark Capital.
Mutual funds garner over Rs 49,000 crore in April-September
Inflows into SIPs have averaged about Rs 8,000 crore for the 12 months till September this year.
PMO taking stock of telcos' financial health
PMO held talks with DoT on falling revenues of carriers several times last month.
Groundnut output likely to be 40% more than last year
According to the first advance estimate released last month, the agriculture ministry is estimating an output of 6.1 million tonnes.
Karnataka Assembly sittings this year lowest in a decade
The political instability that enveloped the previous JD(S)-Congress regime this year apparently prevented meaningful legislative business.
KPMG says 5G will add to GDP, highlights need to ease financial burden in telecom sector
The report launched at India Mobile Congress (IMC) comes at a time when the telecom sector is awaiting the roll out of the latest airwave via auctions but has asked for a more reasonable sale price on the spectrum.
True Balance raises $23 million from a cohort of Korean investors
The company to use the proceeds to expand its loan book, bolster its technology and business-focused talent acquisition efforts across geographies.
Share market update: Nifty Financial Services index up; Edelweiss gains 4%
The Nifty Financial Services index was trading 0.88 per cent up at 12,881.45 around 12:20 pm.
People saw strong captain for 5 years: PM Modi praises Haryana CM
While addressing the public rally in Haryana’s Ballabhgarh, Prime Minister Narendra Modi said, “I remember, 5 years back when I spoke of for...
Toll revenue to swell to Rs 1 lakh crore per annum in next five years: Gadkari
Gadkari said that of the total 1.4 lakh km highways under NHAI, 24,996 km of highways currently are under the toll ambit and the length will swell to 27,000 km by the year-end.
Pakistan isolated by all countries in FATF; on verge of being in 'Dark Grey' list
The FATF will finalise its decision on Pakistan on October 18.
Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma
"Paytm Mall business is close to break-even, USD 3 million EBIDTA loss a month and USD 1.2-1.3 billion run rate. In a day, we do 275,000-300,000 orders a day."
Securitisation of assets by NBFCs and mortgage lenders surge 48% in the first half of the fiscal year
The volume grew to Rs 1 lakh crore as both established and new originators flocked to the securitization market to raise resources profile in a challenging financing environment, rating company Crisil said in report.
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