Besides, Lanco Infratech and Moser-Baer, the other seven firms that will be delisted are - Amar Remedies, Supreme Tex Mart, Samtel Color, Hindustan Dorr-Oliver, Servalakshmi Paper, LML and Hanung Toys and Textiles

The initial public offering of Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed 77.91 times so far on the final day of bidding on Thursday.

Indian stock exchanges (BSE and NSE, including SMEs) ranked sixth globally in terms of number of initial public offerings (IPOs) in the third quarter of 2019

\"We in India are in cusp of a great opportunity and we are targeting at reaching $5 trillion economy by 2024 and reach $10 trillion economy by 2030,\" DPIIT Secretary Guruprasad Mohapatra said while speaking at the the inaugural session of the India Economic Summit here.

Rakesh is the executive chairman of HDIL, whereas Sarang is the managing director of the company. The government had issued a look-out circular to stop them from leaving the country

PMC Bank crisis: The complaint names the bank's Chairman Waryam Singh and its Managing Director Joy Thomas, along with other bank officials, and accuses them of criminal breach of trust, forgery and falsification of records.

Mumbai Police files FIR against PMC Bank, HDIL officials The Mumbai Police has filed a case against the former bank management and promoters of HDIL and PMC Bank's director and chairman. A special investigation team is probing the case. The FIR was lodged in the case for forgery, cheating and criminal conspiracy against the officials by the Economic Offences Wing of Mumbai Police. The bank's former Chairman Waryam Singh, Managing Director Joy Thomas and other senior officials...

PMC Bank crisis: HDIL is embroiled in the PMC Bank crisis as the lender had extended substantial amount of loans to the company.

Joy Thomas says the bank didn't report the matter to the RBI even though repayment from HDIL was irregular for the past three-four years because it held security, which was worth twice the loan amount

One good thing under the external benchmark system is that a borrower can compare the spread a bank is charging

Surprisingly, last time the maximum deposit insurance limit for depositors was changed two and a half decades ago.

PMC Bank crisis: Customers have also written to the RBI to revoke the restrictions made on the lender. The letter states that such a restriction will inflict great hardship on the depositors.

Accusing the BJP-Shiv Sena alliance of diverting people's attention from real issues, the party says the Modi government is trying to muzzle voices of those who have raised their voices against it

If the RBI is satisfied with progress that the bank can get back to shape in a short period, it will free the bank from its clutches

The Central Board of Direct Taxes (CBDT) will on Thursday conduct a pan-India review of the ambitious e-assessment system for income-tax payers before rolling it out next month.

The case is based on a Mumbai Police FIR that had named the then directors of the bank, former deputy chief minister of the state Ajit Pawar and 70 former functionaries of the cooperative bank

Do we need UCBs? The universe of UCBs is not very big. Total deposits of UCBs at Rs 4.57 lakh crore is just 3.87 per cent of the entire banking system