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BusinessToday.In
November 25, 2020
Stocks to watch today on November 25: Mphasis, Union Bank of India, Reliance Industries, State Bank of India, Ruchi Soya among others are the top stocks to watch out for in Wednesday's trading session


Niti Kiran
November 24, 2020
The aggregate gross debt of the companies had grown over a quarter to Rs 18.3 lakh crore by FY20 compared to Rs 14.4 lakh crore in the previous fiscal


Nevin John
November 24, 2020
Niranjan Hiranandani, founder and managing director, Hiranandani Group, told Business Today that a large section of homebuyers in metro cities are helping the revival of sales


PTI
November 24, 2020
Addressing a joint press conference, senior Congress leaders P Chidambaram and Randeep Surjewala said the proposal is part of a deeper game plan to control the banking industry


BusinessToday.In
November 24, 2020
Last year, Muthoot Finance had announced to acquire IDBI Asset Management and IDBI MF Trustee Company for a total consideration of Rs 215 crore


BusinessToday.In
November 24, 2020
The fresh financing will be used to invest aggressively in technology and product innovation and scale new business verticals, says Cars24


BusinessToday.In
November 24, 2020
Permission has been sought even though RBI has placed curbs on lending by scheduled commercial banks to companies they lend up to a certain limit. RBI's response is awaited


BusinessToday.In
New Delhi, November 24, 2020
Former Reserve Bank of India's (RBI) governor Raghuram Rajan and deputy governor Viral Acharya have said that the proposals put out by an internal working group (IWG) of the central bank to allow corporate entry into banking is a \"bad idea.\"; Software giant Microsoft has rolled out a new feature on its Teams app through which up to 300 participants will be able to do free voice or video calls all day; Biotechnology major Biocon on Monday said it has inked an agreement for the acquisition of 26% stake on a fully diluted basis in Hinduja Renewables Two Pvt Ltd for Rs 5.91 crore. Watch this and more on News Blast.Also Read: 'India, top priority': Serum Institute CEO Adar Poonawalla on COVID-19 vaccine distribution plan


BusinessToday.In
November 24, 2020
Permission has been sought even though RBI has placed curbs on lending by scheduled commercial banks to companies they lend up to a certain limit; RBI's response is awaited


Shailendra Shukla
New Delhi, November 24, 2020
SpiceJet founders venture into COVID-19 testing SpiceHealth, a healthcare company founded by the promoters of low-cost carrier SpiceJet, announced on November 23 that it would conduct Real-Time Polymerase Chain Reaction (RT-PCR) tests, touted as the most decisive and crucial test for COVID-19, starting at Rs 499. The company also claimed that the test report will be generated in a record time of 6 hours after sample collection, in stark contrast to the current 24 to 48 hours it takes at mos...


Srinath Sridharan
November 23, 2020
For corporate houses, their ability to work under a stringent regulatory watch and to have detailed disclosures and proactive communication will be a test of the toughest order


BusinessToday.In
November 23, 2020
The agency added that the RBI's internal working group's concerns regarding the concentration of economic power, as well as financial stability in permitting corporate houses to own banks, are some of the potential risks


BusinessToday.In
November 23, 2020
Banking and non-banking shares rose up to 20% in the early morning trade on BSE after RBI's IWG recommended guarded entry of corporate into banking space, and a proposal to once again allow promoters of banks to hold up to 26% stake or non-promoter investors to take up to 15% stake


BusinessToday.In
November 23, 2020
Lakshmi Vilas Bank stock has lost 48.24% in four sessions


BusinessToday.In
November 23, 2020
Srei Infra share  fell 15.64% intra day to Rs 5.66 against previous close of Rs 6.71 on BSE.


BusinessToday.In
November 23, 2020
Vaccine can be easily manufactured, transported and stored at domestic fridge temperature (2-8 degrees C). This means it can be easily distributed using existing medical facilities such as doctor's surgeries and local pharmacies, allowing for the vaccine to be deployed very rapidly, said Oxford University


BusinessToday.In
New Delhi, November 23, 2020
Byju's has raised $500 million in a fresh funding round from private equity (PE) players BlackRock and T. Rowe Price; With one million Twitter followers, the Reserve Bank of India has become the world's first central bank to achieve the milestone; India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said on Sunday. Watch this and more on News Blast.Also Read: India likely to report current account surplus for FY21: CEA


Reuters
November 23, 2020
India's current account surplus rose to a record $19.8 billion in April-June as its trade deficit narrowed sharply, the Reserve Bank of India said earlier


BusinessToday.In
November 23, 2020
The domestic unit opened at 74.12 per US dollar at the interbank forex market, after touching 74.17 per American currency in early trade


Manali
November 23, 2020
Former Reserve Bank of India's (RBI) governor Raghuram Rajan and deputy governor Viral Acharya in an article he posted on LinkedIn, stated that it is important to stick to the tried and tested limits on corporate involvement in banking


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