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BusinessToday.In
September 24, 2018
Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.


PTI
September 24, 2018
For the third time in a month, crippled infrastructure conglomerate IL&FS Financial Services on Monday defaulted on interest payments on commercial papers.


BusinessToday.In
New Delhi, September 24, 2018
The ED had registered a money laundering case against Sterling Biotech and its promoters, the Sandesara brothers, last October, taking cognisance of a CBI FIR on charges of alleged corruption.


BusinessToday.in
New Delhi, September 24, 2018
Dewan Housing Finance stock rises up to 24.80 per centThe Dewan Housing Finance stock made a partial recovery in early trade after statements from Dewan Housing management on the default possibility. Further statements from finance minister Arun Jaitley and other govt regulators sought to pacify investor's concerns after Friday's crash of 60% in intra-day trade. The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the ...


BusinessToday.In
September 23, 2018
Along with the defaults by IL&FS, the agenda for the meeting will also include discussion on a capital infusion plan, which will be taken up by the shareholders during the company's AGM.


PTI
September 23, 2018
Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar on Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group.


PTI
September 22, 2018
The Reserve Bank of India announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the sector at competitive rates.


BusinessToday.In
September 22, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also stepped down from the board of IL&FS Financial Services.


BusinessToday.In
September 21, 2018
Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also resigned from the board along with Bawa.


PTI
New Delhi, September 21, 2018
In its Global Economic Outlook, Fitch, however, flagged tightening of financial conditions, rising oil bill and weak bank balance sheets as headwinds to growth.


Joe C Mathew
New Delhi, September 21, 2018
The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).


BusinessToday.In
September 21, 2018
What brought on the heavy selling in the stocks of non-banking finance companies (NBFCs)? Blame it on tightness in the money market and investor concerns over rising cost of borrowing for the companies amid continuing financial crisis at IL&FS.


BusinessToday.In
New Delhi, September 21, 2018
According to Gorman, the rupee's depreciation is not a reflection of poor economic management, rather an \"unfortunate consequence\" of external factors.


BusinessToday.In
September 21, 2018
However, the indices later recovered on management of these companies allaying concerns over their financial position.


BusinessToday.In
September 21, 2018
The old buzz that Dubai-based Emirates Airlines is looking to acquire Abu Dhabi-based Etihad Airways - a move that would create the world's biggest carrier by passenger traffic - is getting louder.


Nilesh Teli
New Delhi, September 20, 2018
The global movement towards digital health has many implications for the Indian healthcare sector.


BusinessToday.In
New Delhi, September 20, 2018
Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...


Reuters
New Delhi\Mumbai, September 19, 2018
In July, a government panel recommended that all \"critical personal data\" should be processed in India, and presented a draft bill that could affect how global firms store customer data.


PTI
New Delhi, September 19, 2018
The new units feature an evolution series engine and an electronic fuel-injection system for improved fuel efficiency


PB Jayakumar
New Delhi, September 19, 2018
India's apex drugs regulator, the Central Drugs Standard Control Organization (CDSCO) is all set for a makeover with a new name and logo.


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