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Sumant Banerji
New Delhi, September 25, 2018
The cumulative wealth of the 831 individuals featured in the list stood at $719 billion - amounting to a quarter of Indian GDP of $2,848 billion (as per IMF estimate on 1st April 2018).


PTI
September 25, 2018
The Yes Bank board on Tuesday decided to seek at least a three-month extension for Rana Kapoor, managing director and chief executive, from RBI beyond January 31, 2019.


PTI
New Delhi, September 25, 2018
In the beginning of this year, the country's largest lender State Bank of India (SBI) had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.


BusinessToday.In
New Delhi, September 25, 2018
In his new role, Mohan will focus on working with the senior executive team at Facebook India. He will also drive Facebook's overall expansion strategy, while also finding ways work with the BJP government at the Centre.


BusinessToday.In
September 25, 2018
In fact, the lender was the top Sensex and Nifty gainer in early trade rising 4.11% and 4.59%, respectively.


BusinessToday.In
September 24, 2018
Social media giant Facebook on Monday said it has appointed former Hotstar executive Ajit Mohan as Vice-President and Managing Director of its India operations.


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 22, 2018
Currently, the capital sum insured (CSI) under this section for motorised two-wheelers and private cars/commercial vehicles is Rs 1 lakh and Rs 2 lakh, respectively.


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
The regulator directed all general insurers to provide a minimum CSl of Rs 15 lakh under Compulsory Personal Accident cover for owner-driver.


BusinessToday.In
New Delhi, September 20, 2018
Rana Kapoor to retire as Yes Bank MD and CEO by January 2019; Samara-Amazon bags Aditya Birla Group's retail chain; Gujarat Assembly increases MLAs' salary by at least Rs 45,000; and Alibaba's Jack Ma warns US-China trade war could drag for 20 years. Watch more in this episode of Business Wrap.


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...


BusinessToday.In
New Delhi, September 20, 2018
Rana Kapoor, who co-founded the bank with Ashok Kapoor in 2004, established the private bank's credentials and led it to rise above expectations. Its shares have seen a 25-fold rise in the past 13 years and have generated compound annual growth return of around 28 per cent.


BusinessToday.In
New Delhi, September 20, 2018
Out of the 10 appointments, 5 are from the country's biggest lender, State Bank of India.


BusinessToday.In
September 19, 2018
In June this year, Yes Bank shareholders had approved Kapoor's re-appointment as the MD and CEO of the bank, subject to RBI's approval.


Anand Adhikari
New Delhi, September 19, 2018
The Reserve Bank of India nod to appointing Amitabh Chaudhary as the next MD and CEO of Axis Bank, after Shikha Sharma had to opt for a hasty exit, comes with a clear underlying message.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


Anand Adhikari
September 17, 2018
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.


Renu Yadav
New Delhi, September 17, 2018
Enhanced and flexible plans in life and health segments meet the varied needs of digital-age consumers.


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