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BusinessToday.In
April 20, 2021
The committee will review existing legal and regulatory framework applicable to ARCs and recommend measures to improve their efficacy, and their role in resolving stressed assets


Reuters
April 19, 2021
A BoE-backed digital version of sterling would potentially allow businesses and consumers to hold accounts directly with the bank and to sidestep others when making payments, upending the lenders' role in the financial system


PTI
April 19, 2021
Securitisation volumes in January-March surged to around Rs 40,000 crore, the highest in all the quarters of the 2020-21 fiscal, says a report. Despite this rise, securitisation volumes closed below the psychological Rs 1 lakh crore mark in 2020-21


BusinessToday.In
April 19, 2021
Several opposition leaders wrote separate letters to PM Modi expressing their concern regarding surging coronavirus cases and suggested steps to check the further spread of infections


Vidya S
April 19, 2021
The Bengaluru-headquartered startup will focus on bringing small-time grocers in tier 2 and 3 cities online, taking on deep-pocketed giants like Amazon, Reliance, Facebook, Walmart-backed Flipkart and BigBasket for a piece of this large unorganised retail pie in India


Aprajita Sharma
April 19, 2021
For a Rs 1 crore coverage term pan across different ages, the hike has happened in the range of 14-25 per cent


BusinessToday.In
April 19, 2021
Macrotech Developers share listed at Rs 436, a discount of 10.28% against IPO issue price of Rs 486 on NSE 


BusinessToday.In
April 18, 2021
Amid lukewarm response to its IPO and volatile market conditions due to the second COVID-19 wave, Macrotech Developers might see profit booking on the day of its markt debut


Joe C Mathew
April 18, 2021
Congress accused the government for not providing adequate funds to state governments that were fighting a two front war  despite accumulating hundreds of crores of rupees in the PM CARES Fund


BusinessToday.In
April 18, 2021
The PM also emphasised the need to utilise the full potential of India's pharmaceutical industry to meet the rising demand for various medicines needed to treat coronavirus infection


Reuters
April 17, 2021
Credit Suisse's asset management unit last month was forced to shut $10 billion of supply chain finance funds that invested in bonds issued by Greensill after the British firm lost credit insurance coverage shortly before filing for insolvency


Srinath Sridharan | Shashidhar KJ
April 16, 2021
With the government unwilling to foot the bill on digital transactions and no viable business model for banks, there are no incentives for banks to maintain the UPI infrastructure


BusinessToday.In
April 16, 2021
Macrotech Developers stock is likely to be listed on BSE and NSE on April 22, 2021


BusinessToday.In
April 16, 2021
Shri Ram Janmbhoomi Teerth Kshetra trust member Dr Anil Mishra said that the body is working with banks to rectify the errors. Individuals whose cheques bounced will be given an opportunity by the banks to rectify the errors


Sarthak Dogra
Noida, April 16, 2021
Jeff Bezos has penned his last annual letter to shareholders as the CEO of Amazon. Due to step down from his role later this year, Bezos shares the journey of Amazon to date and the beliefs which he held firm during the journey.


PTI
April 16, 2021
We estimate asset quality pressures for the MFI industry to continue in the near term and the same may get accentuated with the recent increase in Covid-19 infections and localised restrictions/lockdowns, Icra Ratings said


BusinessToday.In
New Delhi, April 15, 2021
Technology, especially its tools such as data analytics and artificial intelligence, is ending the heydays of exploiting information gaps to hide income from the taxman. Tax authorities are detecting mismatches in tax returns using tonnes of information about large transactions from banks, mutual funds, companies issuing shares, stamp and registration departments of states and sounding alerts about possible tax evasion, with different wings of the revenue department, direct tax, indirect tax and customs sharing data. However, the nationwide drive to find evaders has also given a free hand to corrupt officials to exploit the system with arbitrary notices and demands. Small and large businesses are at the receiving end of the taxman's hounding, threats and at times even violence. Watch the video for more.Also Read: Indirect tax collection rises 12.3% to Rs 10.7 lakh cr in FY21


BusinessToday.In
April 15, 2021
SsangYong had defaulted on a loan payment worth 165 billion won (US$148 million) on December 21, 2020, following which it applied for court receivership. However, the company was given three months to secure funds after saying it was in talks with US-based HAAH


Niti Kiran
April 15, 2021
Unlike earlier, FY21 saw private equity investors focus majorly on portfolio deals across multiple cities and assets, rather on specific projects or cities


Aprajita Sharma
April 15, 2021
Even as the NPS is a market-linked product, earlier the subscribers could not get the NAV of the same day on which they invested the money. With D-Remit, the option to get the same-day NAV is now available under NPS


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