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Dipak Mondal
New Delhi, September 26, 2018
As a consequence of resolutions through IBC, and fear of Section 29A, the PSU banks are now expecting to recover loans worth Rs 1,80,000 crore in the current financial year compared to Rs 74,562 crore in the last financial year.


BusinessToday.in
New Delhi, September 26, 2018
The net worth of the chairman of Reliance Industries stood at Rs 3,71,000 crore as on July 31, 2018.


BusinessToday.In
New Delhi, September 26, 2018
Major responsibilities of the associate general counsel, whose position will be equivalent to the country legal head, will be to manage a litigation portfolio, including intellectual property, privacy, integrity, and encryption.


BusinessToday.in
New Delhi, September 26, 2018
Flipkart acquires Israel-based start-up Upstream CommerceFlipkart has acquired an Israel-based analytics start-up called Upstream Commerce, as it aims to support its massive seller base with services such as real-time pricing and information on product assortment, as reported by Mint. This is Flipkart's second acquisition in as many months and will enable Flipkart to have an outpost in Israel.Yes Bank board seeks extension for Rana KapoorYes Bank on Tuesday said it would ask the R...


Reuters
Bengaluru, September 26, 2018
The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August.


BusinessToday.In
September 26, 2018
While the Sensex was trading 42 points or 0.12% higher at 36,694, the Nifty gained 30 points or 0.26% at 11,096 level. Top Sensex gainers were Axis Bank (1.10%), Tata Steel (1.01%) and HDFC (0.72%).


BusinessToday.In
September 25, 2018
A government official said on Tuesday said the Reserve Bank of India (RBI) should consider lowering Cash Reserve Ratio (CRR) in addition to buying government bonds to ensure adequate liquidity.


Rajeev Dubey
New Delhi, September 25, 2018
Frightful and irresponsible commentaries about a 'systemic risk' suggesting India's financial system could collapse due to IL&FS have added fuel to fire


BusinessToday.In
September 25, 2018
Going by the past 17 trading sessions, the bears are now out roaring. The BSE Sensex has dived 6% since August 29, when it hit a peak of 38,989.65.


BusinessToday.In
September 25, 2018
Brent crude oil prices were trading at over four-year highs and inched closer to $82 per barrel ahead of impending US sanctions on Iran.


BusinessToday.In
September 25, 2018
The stock closed 23.49% or 92 points lower on BSE today on continuous liquidity concerns in the NBFC sector. It touched a low of Rs 260.10 or down 33.82% in trade today.


BusinessToday.In
New Delhi, September 25, 2018
In his new role, Mohan will focus on working with the senior executive team at Facebook India. He will also drive Facebook's overall expansion strategy, while also finding ways work with the BJP government at the Centre.


Aprajita Sharma
September 25, 2018
Given company's good track record, well-capitalised balance sheet and stable asset quality, most brokerages have recommended subscribe on the issue even as the IPO has been valued at a premium against industry peers.


BusinessToday.in
New Delhi, September 25, 2018
Infosys bags $80.3 million contract from Canadian firmInfosys Public Services has announced that it has been awarded a computer-aided design contract worth $80.3 million by Public Services and Procurement Canada (PSPC) to modernise and automate their procurement processes, as reported by the Hindu. IPS is working with Ernst & Young and SAP Canada to digitise PSPC procurement system.Facebook ropes in former Hotstar executive Ajit Mohan as India MD & VPSocial media giant Fac...


BusinessToday.In
New Delhi, September 25, 2018
As per Indian Oil's daily pricing list for Tuesday, petrol has reached over Rs 91 in several districts of Maharashtra, with state capital Mumbai witnessing few paise jump to Rs 90.22 per litre.


PTI
New Delhi, September 24, 2018
Stock of REC was trading at Rs 98.90, down 7.35 per cent, while PFC scrip was trading at Rs 79.60, 1.18 per cent lower over previous close on the BSE.


BusinessToday.In
September 24, 2018
Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.


PTI
New Delhi, September 24, 2018
Brent breached the $80 per barrel mark on Monday and analysts at the American brokerage said they expect it to go up further to $95 by June 2019, which will put pressure on the current account.


PTI
September 24, 2018
For the third time in a month, crippled infrastructure conglomerate IL&FS Financial Services on Monday defaulted on interest payments on commercial papers.


Anand Adhikari
New Delhi, September 24, 2018
The NBFCs borrowings through debentures and commercial papers (CPs) have been on the rise in the last 5 years.


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