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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


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
On Bank Nifty, 11 out of 12 components ended in green. All 10 BSE bankex stocks ended in green


BusinessToday.In
November 24, 2020
Barring telecom, all BSE sectoral indices ended in the green territory, led by gains of 2-1% in banking, financials, pharma, auto, realty, and metal


Mansi Jaswal
November 24, 2020
Rahul Gandhi took a dig at the Centre over the Reserve Bank of India's recent proposal to allow large corporate houses as promoters of banks. He mimicked Union Home Minister Amit Shah's phrase 'Chronology samajhiye' (Understand the Chronology) in the tweet


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


PTI
November 24, 2020
Banks have also been building reserves and creating excess COVID provisions, which in our view should help them smooth the hit from COVID-related losses


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


BusinessToday.In
November 24, 2020
In the last one month period, YES Bank stock has delivered 9.21% returns to investors as against Sensex that also gained 9% during the same period


BusinessToday.In
November 24, 2020
Nifty crossed the key level of 13,000 for first time and hit an all time high of 13,033 in opening trade


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...


BusinessToday.In
November 24, 2020
India Stock Market Highlights Today: During the session, Sensex hit a lifetime high of 44,601 and Nifty touched record high of 13,079


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


Aprajita Sharma
New Delhi, November 23, 2020
Who wouldn't like winning money in game shows like Kaun Banega Crorepati or Dream11? But before you get it, the tax man will axe your earnings. Same is the case with cashbacks you receive on online shopping. How much could the tax be? Can you seek some tax relief? This video explains all about it.Also Read: RBI's proposal to allow corporate entry into banking a 'risky proposition', says S&P Global


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
Among sectors, only banking and financials closed in red today, amid profit booking. IT sector ended 2.8% higher, followed by an almost 2% rise in pharma and more than 1% gain in the metal index


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


Ankita Chakravarti
New Delhi, November 23, 2020
India's leading payment services Paytm has announced a new EMI option for its postpaid users.


BusinessToday.In
November 23, 2020
The new feature will not be restricted to Microsoft Account or Microsoft Teams app, but one can join also calls via the web browser


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