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Aseem Thapliyal
December 12, 2019
Ujjivan Small Finance Bank stock made listing gain of 58.78%, opening at Rs 58.75 compared to the issue price of Rs 37 on NSE


Nevin John
Mumbai, December 12, 2019
Suzlon Energy debt resolution: The company had defaulted in repayments of Rs 437.50 crore in respect of its term loans and working capital facilities in March 2019, besides failing to make payments to certain overdue creditors


PTI
December 12, 2019
Contrary to the market's current optimism that growth has likely bottomed, Nomura believes it will slide further


Aseem Thapliyal
December 12, 2019
Share of Ujjivan Small Finance Bank made its market debut at a premium of 59 % to the issue price of Rs 37


BusinessToday.In
New Delhi, December 12, 2019
Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...


BusinessToday.In
December 12, 2019
On NSE, Ujjivan Small Finance Bank stock made listing gain of 58.78%, opening at  Rs 58.75 compared to the issue price of Rs 37


BusinessToday.In
December 12, 2019
Share Market LIVE : On Thursday, Tata Motors, SBI, YES Bank, Tata Steel, Vedanta were among the top gainers. ONGC, Bharti Airtel, Bharti Infratel, HCl Tech and Infosys were among the top losers.    


BusinessToday.In
December 12, 2019
The IPO of Ujjivan Small Finance Bank was held from December 2 to December 4. The issue saw bumper subscription of 166 times on final day of bidding


PTI
New Delhi, December 12, 2019
Verdict in the case is now expected only in the New Year, when the judge could either dismiss the petition and find in favour of the 63-year-old businessman or adjourn the case until the UB Group chief's latest settlement offer is decided upon by the Indian courts


BusinessToday.In
New Delhi, December 11, 2019
The latest tie-up for retail financing to customers will further offer comprehensive loan access facilities to Maruti Suzuki dealers as well as customers, says auto major


BusinessToday.In
December 11, 2019
Ujjivan Small Finance Bank, Vodafone Idea, YES Bank, Bharti Airtel, Maruti,CCD, Zydus Cadila, Adani Transmission Limited, Ultratech Cement are among the top stocks to watch out for Thursday's trading session


Manoj Sharma
New Delhi, December 11, 2019
Analysts attribute a sharp plunge in India's GDP in the first and second quarters of FY 20 -- 5 per cent in April-June and 4.5 in July-September quarter -- for a delay in achieving the target


Prasanna Mohanty
December 11, 2019
More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient


BusinessToday.In
New Delhi, December 11, 2019
Paytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC unless it's a subsidiary of the bank; The Centre has changed the composition of its Group of Ministers (GoM) on the Integrated Goods and Services Tax (IGST) after Union Finance Minister Nirmala Sitharaman decides to opt-out of the ministerial panel headed by her; Sales of passenger vehicles declined 0.84% to 263,773, compared with 266,000 in the year-earlier period, ADB lowers FY20 growth forecast for India to 5.1% and more on the daily business news wrap News Blast.


BusinessToday.In
December 11, 2019
The IPO of Ujjivan Small Finance Bank was held from December 2 to December 4. The issue saw bumper subscription of 166 times on final day of bidding


BusinessToday.In
New Delhi, December 11, 2019
Paytm founder Vijay Shekhar Sharma steps down as Paytm Financial Services directorPaytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC (non-banking finance company) unless it's a subsidiary of the bank. While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue...


BusinessToday.In
December 11, 2019
Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.


BusinessToday.In
New Delhi, December 11, 2019
While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue with the role, reports say it has been done to comply with the RBI norms


PTI
December 11, 2019
The notes in circulation had grown at an average growth rate of 14.51 per cent year on year wise since October 2014 till October 2016


Reuters
Manila, December 11, 2019
Southeast Asia's growth this year is expected to be slightly lower than previously expected, as trade reliant economies like Singapore and Thailand are hit hard by the trade war and broader global slowdown


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