Top 10 banks' home loan interest rates
RBI has directed banks to link interest rate charged on retail loans, personal loans and MSME loans to an external benchmark rate. Most banks have opted to link it with the repo rate. Here are 10 banks offering lowest repo rate linked loans.
Personal guarantees may aid bad loan resolution
In a notification on November 15, the ministry of corporate affairs (MCA) included personal g...
TCS launches Microsoft Business Unit to help enterprises leverage AI, ML
The MBU will be led by Siva Ganesan, who has been with TCS for over ...
Air India extends bridge-loan bids for Boeing purchase to Nov 22
The selloff-bound airline had on October 30 floated bids from banks/ financial institutions to refinance its existing bridge-loan facility worth $819 million or worth over Rs 5,800 crore by November 14. The financial bids were to scheduled to be closed on November 14. The carrier is seeking to refinance six Boeing 787s and one B777.
There’s need for new categories of alternative investments: Deepak Menon, Village Capital
When it comes to investment our priority is also to deploy a more effective and inclusive way to make bets on big ideas. That’s why Village Capital’s affiliated fund VilCap Investments makes investments through a process called “peer selected investment.”
US extends license for businesses to work with Huawei by 90 days
The extension, renewing one issued in August will allow carriers to continue to service customers in some of the most remote areas of the US.
NSE facilitates primary subscription for retail investors in State Development Loan auctions
The interest on SDL is received at half-yearly intervals and the principal is repaid on the maturity date.
Mphasis eyes more business from new clients
DXC Technology, a company spun off from Mphasis' erstwhile parent HP, contributed 24.1% of the mid-tier IT services provider’s revenue in the September quarter.
Sterling and Wilson Solar plunges 20% as promoters fail to repay loan
The promoters were scheduled to pay Rs 2,563 crore to Sterling and Wilson Solar.
Sterling and Wilson solar falls 20% more, but still no buyers
On Monday, more than 2 million shares were on offer to be sold, but there were no buyers.
Global investors may make a beeline for bad loans
"With the Essar Steel judgment out, it has now become easier for distress asset transactions to happen. Now, it needs to be seen how banks open up to sell their sticky assets," says Jayesh Mehta, country treasurer, Bank of America.
J&K issues, citizenship bill, economy to keep govt busy
The Citizenship (Amendment) Bill, which is high on the government’s agenda for this session, may face hurdles since some parties are strongly opposed to it. During the meeting, BJD demanded that a legislation be passed for creating a Vidhan Parishad in Odisha.
OPPO all set for first-ever ColorOS 7 launch in India on November 26
This is the first time the smartphone company has planned a launch event for the OS outside of China.
Tata Steel unveils cost-cutting plans for Europe business, including 3,000 job cuts
A top Tata Steel official had earlier said that the steel major was looking to make European business stronger for which it would continue to explore various business options. The comments had come after its plans to merge European business with German steel giant Thyssenkrupp had fallen through. The company is now planning job cuts in Europe amid challenging market conditions.
Tata Steel confirms job cuts of up to 3,000 across European operations
The Indian steel major said the changes were needed to ensure the business can thrive despite severe market headwinds and also accelerate innovation towards carbon-neutral steel making.
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