Former State Bank of India (SBI) chief Arundhati Bhattacharya and Sunil Mehta, former country head and chief executive of AIG had registered the company by the name of Welmo Fintech Pvt. Ltd on 3rd September.

Currently, the secondary loan market in India is largely restricted to sale to asset reconstruction companies and ad hoc sale to other lenders including banks, but there is no formalised mechanism to deepen the market.

Tata Motors share price rose up to 8.2% intra day to Rs 131.90 compared to the previous close of Rs 121.90 on BSE.

PM Oli spoke during the occasion and hailed the early implementation of the connectivity project that has been completed much ahead of schedule.

According to CRISIL, the rating action is on account of continued challenging operating environment for NBFCs, including housing finance companies (HFCs), with issues in funding access, especially for those with a wholesale lending book

As per the report, the banks' gross NPAs are expected to decline by 350 basis points (bps) to around 8% by March 2020, compared with the peak of 11.5% in March 2018 and 9.3% in March 2019

The decline in sales so far is due to weak growth in rural income and moderation in rural infrastructure spending. Rural incomes were impacted towards the second half of last fiscal because crop production was flat after two years of growth at 5-6 per cent.

Corporate India's interest outgo is growing faster than its operating income. As sectoral issues combine with a slowdown to pull down earnings, servicing debt could become more challenging

CRISIL had on August 1 estimated a growth rate of 6.9 per cent growth in 2019-20 - a 20 basis points cut from its earlier estimate of 7.1 per cent.

Tata Motors share price, which closed at Rs 528.3 on August 30, 2016 ended at Rs 116.75 level on BSE on Friday. An investment of Rs 1 lakh in Tata Motors shares on August 30, 2016, would have decreased to Rs 22,099 today.

Various polls says the Indian economy will likely grow at a year-on-year pace of 5.7 per cent in the June quarter; several economists are even predicting the GDP numbers could be down to 5.2 per cent

DHFL share price has lost 92.70% during the last one year and fallen 80.51% since the beginning of this year.

Gold price hike: The uncertainty on the US-China tariff war front, volatile oil market, murmurs of a recession, weak rupee and foreign funds outflow from India have all fuelled demand for this safe haven asset.

The move would benefit the pensioners who had opted for commutation and got a lump-sum amount at the time of retirement before 2009

EPS amended: The amendment in the Employees' Pension Scheme (EPS) 1995 will benefit around 6.3 lakh pensioners.

Tata Motors share price fell 11.51% to Rs 109.55 intra day, a fresh ten-year low, compared to the previous close of Rs 123.80 on BSE.

According to Nomura, even though growth is set to slow further in Q2 (April-June) the economy is expected to see some recovery in the July-September quarter

CARE Ratings has downgraded ratings on the long-term bank facilities of Tata Motors to 'AA-/Negative' from 'AA/Stable', but reaffirmed rating on short term bank facility and commercial paper at 'A1+'