The external commercial borrowing (ECB) being raised by Tata Capital Housing Finance is part of a liabilities diversification programme, Tata Capital managing director and chief executive Rajiv Sabharwal said.

\"The bank has reported a fraud to RBI amounting to Rs 13.26 crore in the fund based working capital facility that was extended to SRS Finance,\" Karnataka Bank said in a filing to the Bombay Stock Exchange.

The bank is looking to sell all of them on a 100% cash basis, but the actual realisation will, of course, depend on the reserve price and bids from the buyers

Hearing Nirav Modi's bail plea, the Westminster Court heard both parties argue whether the prime accused in the PNB scam should be allowed to walk free or not.

Under flak for mounting a Rs 10,733-crore hostile takeover bid on Mindtree, engineering major L&T Tuesday said the deal got triggered after largest shareholder VG Siddhartha approached them three months ago, and exuded confidence in winning over the unhappy promoters.

The increase in dealer margins took effect in January and is done to add liquidity to dealerships amid subdued demand for Maruti Suzuki's passenger cars.

Data revisions are part of a healthy practice to balance between timeliness and accuracy. For example, the GDP data is normally revised five times before the final numbers are released.

Following the announcement, shares of Bombay Dyeing surged as much as 10.95 per cent to touch an intra-day trade high of Rs 147.90 apiece, against its previous close of Rs 133.30 on the BSE. The stock has gained upto 29 percent this month.

Employers who recognise the value of their employees and act to make their teams a dynamic force attract the best talent. Here are 14 companies that made the right moves.

Employees' ability to influence change and work on complex projects early in their career makes ICICI Bank the most preferred workplace in the BFSI segment.

Besides the RBI, change of name requires clearance from the Ministry of Corporate Affairs, shareholders, stock exchanges, among others.

Damani Trust, Fidelity, American Funds insurance, Aviva Investors, TT Emerging, Schroder, Citigroup, Kotak Mahindra Insurance, Wells Fargo, Lockheed Martin, Morgan Stanley France, Japan Trustee Services Bank are among 59 anchor investors.

In January, LIC completed the process of picking up a controlling 51 per cent stake in the nearly crippled IDBI Bank.