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PTI
October 26, 2020
Earlier this month, Dewan Housing Finance Corporation Ltd (DHFL) had received four bids for either picking up stake in the company or buying out assets


PTI
October 25, 2020
According to banking sources, Religare Enterprises introduced a couple of investors interested in Religare Finvest Ltd to lenders in a meeting with bankers held recently


BusinessToday.In
October 25, 2020
In a tweet on Sunday, Das said that work at RBI will continue as usual. He added that he is constantly in touch with deputy governors and other officers of the central bank


PTI
October 24, 2020
The cash-strapped group has, however, maintained its earlier estimates of addressing more than 50 per cent of the overall debt of over Rs 99,000 crore as of October 2018


BusinessToday.In
October 23, 2020
The central board of Reserve Bank of India (RBI) met on Friday to discuss the current economic scenario, continued global and domestic challenges and various areas of operations of the central bank


Rashi Bisaria
New Delhi, October 22, 2020
Flipkart's Big Billion Days sees 55% rise in digital payments, over 150% increase in EMI optionsThe annual festive season sale by Flipkart, The Big Billion Days (TBBD), which concluded on October 21 saw 1.5 times growth in the number of transacting sellers, amongst whom more than 35 per cent saw over thrice the sales compared to last year, said the company in a statement. Even as it added nearly 35 per cent new sellers on its platform, nearly 60 per cent of them were from Tier II and Tier II...


BusinessToday.In
October 19, 2020
As per the latest shareholding pattern available on the BSE, LIC has increased its stake in Kotak Mahindra Bank by 0.73 per cent to 3.18 per cent from 2.45 per cent earlier


PTI
October 18, 2020
In November last year, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


BusinessToday.In
October 15, 2020
Lakshmi Vilas Bank's board has approved raising of up to Rs 500 crore through issuance of shares on rights basis to existing shareholders


Anand Adhikari
October 14, 2020
While the proposal of the Clix Group for a merger with Lakshmi Vilas Bank is pending with the Reserve Bank of India, the board of the bank is meeting tomorrow to take a call on the rights issue


BusinessToday.In
October 13, 2020
India Stock Market Highlights Today: UltraTech Cement, followed by Bharti Airtel, Asian Paints, Titan, ITC, Kotak Bank and L&T wer among the top gainers on Sensex. On the other hand, ICICI Bank, IndusInd Bank, SBI, Axis Bank and Bajaj Finserv were among the laggards


BusinessToday.In
October 12, 2020
India Stock Market Highlights Today: SBI, followed by ITC, PowerGrid, Axis Bank, NTPC, ICICI Bank, HDFC and Kotak Bank were among the top gainers on Sensex pack. On the other hand, Bajaj Auto, ONGC, Titan, HDFC Bank and Asian Paints were among the laggards


BusinessToday.In
October 8, 2020
The rupee was trading in a narrow range today at the interbank forex market. The local unit later gained some ground and touched 73.28, up 5 paise from its previous close of 73.33 per dollar


BusinessToday.In
October 8, 2020
India Stock Market Highlights Today:  HCL Tech, TCS, Infosys and Tech Mahindra were among the top gainers on both BSE and NSE today. On the other hand, Bajaj Auto, GAIL, ONGC, Indian Oil and Asian Paints were among the top losers today


Vivek Punj
New Delhi, October 6, 2020
GST compensation row unresolved; Council to meet again on October 12The contentious issue of borrowing for plugging states' compensation gap could not be resolved at the 42nd GST Council meeting. The states have been given a week's time to arrive at a conclusion. The Council will now meet again on October 12 to take a final call on the matter.TCS becomes second Indian firm to cross Rs 10 lakh-crore market capTata Consultancy Services on Monday became the second Indian firm after Reliance I...


BusinessToday.In
October 6, 2020
India Stock Market Highlights Today: All 30 Sensex constituents were trading in the green. Index heavyweight HDFC led the rally on the Sensex chart, followed by Asian Paints, IndusInd Bank, HDFC Bank, Mahindra and Mahindra and State Bank of India.


BusinessToday.In
October 5, 2020
The key findings of the report by Grant Thornton allude to hundreds of fictitious loan accounts, demand for recoveries amounting to Rs 14,046 crore, and deposits routed through an imaginary entity in Bandra


PTI
October 4, 2020
Religare Finvest has been barred from undertaking fresh business as it is under corrective action plan of the Reserve Bank of India since January 2018 due to its weak financial health


BusinessToday.In
October 1, 2020
The committee of directors includes G. Subramonia Iyer as chairman and G. Rajagopalan Nair and P.K Vijayakumar as members, Dhanlaxmi Bank said in a regulatory filing


BusinessToday.In
September 30, 2020
The shareholders of Kerala-based Dhanlaxmi Bank have voted out Sunil Gurbaxani as MD & CEO at the annual general meeting (AGM) on Wednesday


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