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Reuters
New Delhi, September 22, 2019
Anil Ambani's Reliance says funds had been arranged by the due date and the delay was due to technical glitches in the bank's servers


BusinessToday.In
September 19, 2019
The market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 10 lakh on Infrastructure Leasing & Financial Services (IL&FS) for non-disclosure of price-sensitive information to stock exchanges.


Anand Adhikari
New Delhi, September 18, 2019
Amid a slowing economy and falling income levels, NBFCs are staring at fresh challenges. However, some are doing well


BusinessToday.In
September 17, 2019
Piramal Capital and Housing Finance Ltd, PEL's financial services arm, has also separately raised Rs 300 crore through the sale of non-convertible debentures


BusinessToday.In
New Delhi, September 16, 2019
Over 1,300 employees of GM Technical Center will transfer to TCS, including teams focused on propulsion systems, vehicle engineering, controls development, testing, creative design and special projects


PTI
September 16, 2019
The Uday Kotak-led board of the IL&FS group, as part of the resolution process has initiated the sale of several group assets including education, waste management, technology, real estate and key international assets


Rashmi Pratap
New Delhi, September 16, 2019
Ashu Suyash of CRISIL maintained high standards of transparency in rating corporate debt papers


BusinessToday.In
September 16, 2019
The hefty discounts come amid an unprecedented slump in the auto sector. Sale of automobiles crashed by 23.5 per cent to 18,21,490 units in August, the worst ever decline in a month on a year-on-year basis since 1997-98


Renu Yadav
New Delhi, September 16, 2019
Real estate sales are yet to pick up. The market is throwing up some great deals that you can go for


Saurabh Garg
September 13, 2019
The NHB directive advises housing finance companies to avoid extending loans to under-construction projects that are already using subvention schemes


Nevin John
September 12, 2019
\"The government should boost public spending for the revival of the economy. A good monsoon will revive economic activities in the rural market, while the bank recapitalisation will enhance liquidity,\" said Seshagiri Rao, Joint Managing Director & Group CFO, JSW Steel


BusinessToday.In
September 11, 2019
\"So if I take a photograph called India, it is always challenging. If I look at a movie called India - and I am looking at it from the lens of an entrepreneur over the last 30-35 years - it's an exhilarating journey,\" Kotak said


BusinessToday.In
New Delhi, September 9, 2019
DHFL shares gained as much as 10.20 per cent to hit an intraday high of Rs 51.30 apiece against the previous close of Rs 46.55 on the BSE. In the last 15 days, the stock has gained as much as 30 per cent


PB Jayakumar
New Delhi, September 9, 2019
Analysts say the strike is unlikely to have a big impact on Muthoot's business as Kerala now contributes only 4 per cent of its loan book, 12 per cent of employees and 15 per cent of nationwide branch network.


T V Mohandas Pai
New Delhi, September 9, 2019
The most important thing to do now is not to shock the system, give confidence to the industry, bring liquidity into the system and reduce interest rates.


Rukmini Rao
September 6, 2019
Like other industry players, Harshvardhan Lunia, Cofounder and CEO, Lendingkart, says they are in a wait-and-watch mode to see if the rate cut transmission from banks would actually translate into anything meaningful


Reuters
New Delhi, September 4, 2019
RBI's task force also recommended easing rules around the securitisation of loan assets and permitting wider participation from funds and insurance companies in trading these securities, says the central bank


Anand Adhikari
Mumbai, September 4, 2019
The NBFC arm of the Bajaj Group has managed to raise over Rs 6,000 crore via debentures during the most difficult times for the NBFC sector


Rashmi Pratap
New Delhi, September 2, 2019
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


BusinessToday.In
New Delhi, August 30, 2019
DHFL board also approved a proposal to increase the authorised share capital of the company from Rs 828 crore to Rs 1,090.39 crore


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