Norms push NBFCs out of CP market
Commercial paper issuances were at ₹57,065 crore in October 2019, as per data with Prime Database.
DIAL gets green nod for Rs 1,310-cr commercial building project in Aerocity
The Delhi International Airport Ltd (DIAL), a GMR-led consortium,...
Prestige Group buys 29% stake in DB Realty's Bandra commercial project
Prestige Group is planning to build India’s largest hotel and conventi...
Coal mining based on revenue sharing soon
This will be the first auction outside the reverse bidding model since the mass cancellation of blocks by the Supreme Court. The revenue sharing model is based on recommendations of an expert committee headed by former Central Vigilance Commissioner Pratyush Sinha that was formed after the fourth and fifth rounds of auctions received a tepid response.
Muthoot Finance expects over 15% AUM growth after Q3 and Q4: George Alexander Muthoot
We have already grown by Rs 1,300 crore of portfolio in the last six weeks.
Rajat Sharma resigns as DDCA president; CEO and CAC also put in papers
Journalist Rajat Sharma resigned from the Presidential position in Delhi & Districts Cricket Association (DDCA) after his nearly 20-month tenure. He cited his indifference with general secretary Vinod Tihara and "various pulls and pressures" within the organisation to be major reasons behind his resignation.
Funds with Voda-Idea paper may come under redemption pressure
Debt mutual fund schemes that hold this paper have not yet marked down any of these securities.
Commercial disputes should go through mediation first: Bobde
CJI-designate Justice Bobde has called for making pre-litigation mediation a must for commercial disputes.
Blackstone invests Rs 1,750 cr in Future Lifestyle Fashion
US private equity firm Blackstone invested Rs 1750 crore in Future Group’s flagship fashion business- Future Lifestyle Fashion. Blackstone was reported to infuse $250 million in FLF, in July through a combination of equity and structured debt to fund the capital expansion of Biyani’s deep-discount retail format, Brand Factory.
China digital currency: Central bank wants ‘controllable anonymity’
The PBOC is poised to become the first major central bank to issue a digital version of its currency.
Slump has bottomed out, but credit worries remain: BK Goenka
Assocham president BK Goenka said the government had made efforts to make credit available to the industry but banks dragged their feet on it. He also highlighted that India needed more development finance institutions to fund long term infrastructure projects as commercial banks did not have the risk appetite to fund such projects.
DICV unveils longest extended warranty to BSIV compliant heavy, medium duty trucks
"At upto eight years or eigh lakh kilometres, the warranty is one of the longest duration offered in the entire commercial vehicle industry. The scope of extended warranty includes powertrain aggregates like engine, transmission, propeller shaft..," a company statement said here.
Bank credit growth to moderate to 8.5% in FY20: Icra
Icra expects year-on-year credit growth to decline to 6.2-6.8 per cent in FY20.
Bank loans to moderate to 25 year low at 8-8.5 per cent in FY'20: Report
Icra has forecast that non-food credit growth will slow down to 8 to 8.5 per cent during FY'20.
Sebi issues framework for listing of commercial paper
Issuers must make appropriate disclosures at the time of listing and on a continuous basis.
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