BANKS CONSULTATIVE PROCESS
Corporates cut back on business with Oyo because of service, quality issues
Owing to multiple issues hovering around Oyo Hotels & Homes ranging from safety and security of women to service and quality issues, several companies including L&T Infotech, Vodafone Idea, TCS and others have cut back on their business with Softbank-powered Oyo. As a result, Oyo’s corporate business has stayed flat over the past one year.
Consultative meetings with stakeholders to discuss methodology for commercial coal mining on January 28-29
"A discussion paper containing the...
Bank of Baroda says fresh NPA accretion nearly peaked
"Given the fact that there are some indicators like the watch-list coming down, in term...
Sidbi eyes Rs 4,500 crore exit from Bandhan Bank’s Holding Co
Private equity investors as well as global public market investors are likely to begin discussions to acquire the stake, this person added.
The NBFC issue is both a problem and an opportunity: BoB chief
Project lending and NBFCs may be no-no for some lenders. But these segments open up a lot of opportunities provided the accompanying risk is assessed properly and built into the lending decisions, said Bank of Baroda CEO Sanjiv Chadha in an interview with ET. Edited excerpts:
Air India hopes to land Rs 1,500 crore from Navi Mumbai Plot
The government, which did not receive a single bid in its maiden attempt to sell Air India last year, is being cautious this time and has offered various relaxations, such as a 100% in the airline, substantial restructuring of debt and liabilities and allowing the new owner to offer voluntary retirement to staff.
Sachin Bansal bets Flipkart fortune on banking services
Bansal, through his microfinance firm Chaitanya India, has applied for a banking licence.
Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee
The author of "Good Economics for Hard Times" added that the slowdown in the economy will also adversely impact poverty alleviation in the country as urban and rural sectors are interdependent.
11-12% revenue growth likely for Maruti in Q3: Hemang Jani
Hemang Jani, Senior Vice President, Sharekhan, says the Maruti stock is already up about 20-25% from the lows and there is not a very strong visibility in terms of the growth in the next couple of quarters. The delta has been positive but we have a long way to go in terms of getting a big growth back into the cycle.
'BUY' or 'SELL' ideas from experts for Tuesday, 28 January, 2020
Eicher Motors is a 'Buy' call with a target price of Rs 21,800 and a stop loss of Rs 20,750.
How to invest in small savings schemes using the India Post Payments Bank app
The India Post Payments Bank (IPPB) offers a single view of all the post office investments and allows subscribers to manage thee efficiently. Subscribers are also able to deposit money online in their RD, SSY or PPF account using the IPPB application.
6 out of top 10 firms lose Rs 81,148 crore in m-cap; RIL hit hard
Market valuation of RIL, India's most valued firm, plunged Rs 37,369.7 cr to Rs 9,64,639.40 cr.
Where's the money? Search on for solutions of India's shadow bank crisis
Vital projects are starved for funds following the crisis. The desperation for solutions is palpable.
UK court orders sale of Force India yacht linked to Vijay Mallya
A consortium of Indian banks, led by State Bank of India, are likely to be among those claimants as they pursue a separate bankruptcy order against Mallya over unpaid loans related to his now-defunct Kingfisher Airlines. Mallya, meanwhile, remains on bail on a warrant executed by Scotland Yard in April 2017 pending a High Court appeal next month against him.
Stocks in the news: Axis Bank, L&T, YES Bank, Adani Gas, RBL Bank, Cipla, ITI and Asian Paints
Cipla said it has received observations from the USFDA for its Goa manufacturing facility.
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