NEFT transactions to be made 24x7 from December 16
Bank customers will be able to transfer funds through NEFT around the clock on all days including weekends and holidays from December 16, the Reserve Bank of India announced on Friday.
Nirlon inks Real Estate Transaction with JP Morgan
J.P. Morgan will take up about 1.15 million sq. ft. of office space that is expected to be...
BSE Star MF does 3.4 crore transactions worth Rs 1.17 lakh cr in FY20
The number of transactions in the period under review was 56 per cent h...
US wants to ensure India's data localisation plan doesn't stymie growth in transactions: Steven Mnuchin
Mnuchin also insisted that America has no problem if countries want to have local data for regulatory purposes as long as they do not eliminate it outside the country.
Global Warming: India, others call out developed countries for failing to meet target
India along with China, Brazil and a handful of developing countries are calling out developed countries for failing to meet the targets that had to be achieved by 2020. These countries have moved a proposal that will require industrialised countries to meet their obligations of reducing emissions, and to provide financial and tech support to developed nations.
Primary healthcare is failing 80 crore Indians. An app may be the antidote
Rural India suffers from the paucity of primary healthcare centres. By taking doctor consultations online through an app and providing safe record keeping of patients, MedCords wants to address one of the key issues for patients in rural India.
RBI to introduce new prepaid payment instrument for digital transactions up to Rs 10,000
RBI proposed to introduce a new type of prepaid payment instruments (PPIs) which can be used only for the purchase of goods and services up to a limit of Rs 10,000. You can load/re-load such PPI only from a bank account to pay your bills.
Wind turbine maker Suzlon Energy plans debt rejig after stake sale fails
Suzlon defaulted on loan repayments earlier this year and its loans were categorised as NPAs.
YES Bank’s $2 billion fund raising plan fails to lift stock; what’s the worry?
YES Bank last week said Canadian billionaire Erwin Singh Braich is likely to be a prime investor and buy more than half of the total equity dilution, or $1.2 billion.
Sebi working on related-party transaction norms: Tyagi
Tyagi said Sebi has given its inputs on regulations as a case study on the subject to the OECD and affirmed further support on the same.
Karvy Stock Broking scandal: How retail investors can safeguard against such frauds
The Karvy Stock Broking demat account fraud has shaken the trust of retail investors in their brokers. However, the question is to what extent an investor can trust his broker. What can an investor do to safeguard himself against such frauds?
Government measures fail to stem slide in NBFC credit
Liquidity remains a worry for the NBFC sector; loan sanctions fall 34% in September quarter.
Finance firms’ bankruptcy: Fail, and pass the test
The collapse of IL&FS froze the credit markets and the contagion spread.
Wind projects stall as NTPC fails to get tariff nod
Entities like NTPC, which conduct the auctions, are subsequently required to get sanctions from the states where the projects would be set up. In previous years, this was widely regarded as a formality with sanctions being automatically given. This time, however, NTPC was not able to secure tariff approval from state power regulatory commissions.
Indiabulls’ shares rally after govt clean chit for some loans
Indiabulls Housing Finance (IBHF) shares rallied 24.65 per cent to Rs 334.40.
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