Infosys faces legal trouble in US for allegation of false financial statements
IT major Infosys faces another round of legal trouble. The com...
NHSRCL, LSI Financial Services to study impact of high speed rail on industrial assets in Gujarat
For this purpose, NHSRCL had floated a tend...
Discoms suffering severe financial stress: Ind-Ra
Only four discoms – Dakshin Gujarat, Madhya Gujarat and Uttar Gujarat and Bengaluru Electri...
Govt set to clear another major relief package for NBFCs, HFCs
The partial credit guarantee for NBFCs may now be extended to BBB+ assets.
Administrative, financial approval given for 12 new nuclear reactors for power generation: Government
During the Question Hour in the Rajya Sabha, Union minister for Atomic Energy Jitendra Singh said there are presently nine reactors under construction and pre-project activities are in progress at the 12 reactors accorded sanction.
Parliamentary panel calls for restoration of financial credit instruments with proper safeguards
Voicing concern over discontinuation of LoU/ LoC that is impinging trade and commerce in labour intensive and MSME Sectors, the Panel expressed concern on the absence of any prescribed norms for resolutions of NPAs due to quashing of RBI Circular dated February 12, 2018 by Supreme Court: Recommends a realistic framework for resolution of stressed assets.
Share market update: Nifty Financial Services index up; Indiabulls Housing gains 2%
The Nifty Financial Services index was trading 0.35 per cent up at 14,216.35.
Investors look out for non-financial data in company reports: EY Survey
Several global CFO’s EY polled also articulated the need for a ‘change of culture’ in their finance teams especially regarding the team’s approach to matters concerning transparency and a greater willingness to question boards and management on the quality of disclosures.
HDB Fin Services now valued at Rs 90,000 crore in unlisted market
HDB shares in unlisted market are trading at Rs 1,100 apiece against Rs 600-700 a year earlier.
Indices reflect financial performance of India Inc, not GDP: Mukesh Agarwal
Mukesh Agarwal, CEO, NSE Indices, explains what is causing the divergence between the economy and the stock market. In an interview with Sal...
$3 billion manager bets on India's beleaguered financial sector
The firm aims to eventually attract $1 billion from funds globally to invest in India.
Ujjivan SFB makes stellar debut; gains 60% against issue price
Ujjivan Small Finance Bank made a strong debut on stock exchanges on Thursday, listing with a hefty premium of over 60 per cent against the ...
Why has Pakistan indicted Hafiz Saeed, India's most wanted, now?
Saeed's indictment comes amidst growing pressure on Pakistan to rein-in terror groups and bring to justice terror group leaders. The indictment comes less than a week after Islamabad submitted a report to the FATF, which, in October, had kept the country on the Grey List, asking that it take more concrete steps to avoid being put on the Black List.
Investors believe govt clueless on how to tackle slowdown: Jamal Mecklai
Jamal Mecklai, Founder & CEO of Mecklai Financial, says sovereign bond issue is an idea the government must not shelve. He says while money ...
Ujjivan stock a little overvalued, should settle at Rs 52-55: Siddharth Purohit, SMC Global
The business model of the small finance banks is evolving and is fairly strong.
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