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BusinessToday.In
October 26, 2020
India Stock Market News Updates Today: Global equities were muted today amid record number increase in coronavirus cases, adding to the uncertainty over the global economic recovery


Reuters
October 26, 2020
SAP cut its guidance for 2020, saying the reimposition of coronavirus lockdowns by some governments had hit its business while hard-hit industries would now take longer than expected to recover


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


PTI
October 25, 2020
DIPAM Secretary Tuhin Kanta Pandey said the pre-IPO work of LIC is going on at four stages -- appointment of advisors for ensuring compliance, legislative amendment, LIC's internal software changes to come out with its 'embedded value' and appointing an actuary for vetting LIC's actuarial valuation


Nevin John
October 23, 2020
The government plans to conclude the bidding process in four major PSUs -- BPCL, Shipping Corporation (SCI), Container Corporation (Concor) and BEML -- by November last as the stock market is heading to break above pre-Covid levels


BusinessToday.In
October 23, 2020
Traders said positive economic data out of US and progress in stimulus talks in Washington lifted investors sentiments. With less than two weeks to go before the US presidential election, global markets have turned flat with positive bias


BusinessToday.In
October 23, 2020
The automaker's market capitalisation stood at Rs 88,297 crore. The stock trades higher than 5, 20, 50, 100 and 200-day moving averages


BusinessToday.In
October 23, 2020
Gold, Silver prices today: Silver September Futures traded at Rs 62,515 per kg today, falling Rs 100 over the last close of Rs 62,615 per kg


BusinessToday.In
October 22, 2020
The pure-play generic injectable pharmaceutical products company had filed its draft red herring prospectus with Sebi for the proposed IPO back in July 2020


BusinessToday.In
October 22, 2020
India Stock Market Highlights Today: ICICI Bank, followed by Asian Paints, Reliance Industries, PowerGrid, Nestle India and SBI were among the top losers today. On the other hand, Bajaj Finserv, Bajaj Finance, Bharti Airtel, L&T and UltraTech Cement were among the gainers


Manu Kaushik
October 21, 2020
Jet Airways will need $1 billion initial working capital, followed by $3 billion over the course of 5-7 years before the airline can break even; it needs to be seen whether the bidders can bankroll these expenses


Chitranjan Kumar
October 21, 2020
Bajaj Finance Q2 results: Consolidated assets under management (AUM) increased by 1.15 per cent to Rs 1.37 lakh crore in Q2 FY21 compared to Rs 1.35 lakh crore in the same period last year


BusinessToday.In
October 21, 2020
India Stock Market Highlights Today: IndusInd Bank, followed by HDFC, Tata Steel, ICICI Bank, Axis Bank, SBI, Titan, Kotak Bank and Reliance Industries were among the top gainers today. On the other hand, Nestle India, HUL and TCS were among the laggards


Associated Press
October 21, 2020
China is one of only three foreign nations the others are Britain and Ireland where Trump maintains a bank account, according to a Times analysis of the president's tax records


Chitranjan Kumar
October 20, 2020
HUL Q2 results: Total sales of the company jumped 16 per cent to Rs 11,276 crore during the quarter under review from Rs 9,708 crore in corresponding period last year


BusinessToday.In
October 20, 2020
On the financial front, Equitas Small Finance Bank's net profit increased to Rs 243 crore in FY20, from Rs 210 crore in FY19, while its net income rose to 1,777 crores in FY20


Anand Adhikari
New Delhi, October 20, 2020
The new age  NBFCs like lending Fintechs and  Peer 2 Peer  lenders ,which are serving the under-served and unbanked customers,need a further strengthening of regulations in the light of new business challenges thrown up by the Covid -19. Few months ago, the RBI had raised a red flag citing some malpractices like charging exorbitant interest rates , harsh recovery methods by using social media tools and unauthorised use of customers personal data. Post the pandemic, the problems of new age NBFCs have only compounded because of drying up of funding sources and the unsecured nature of loans and risky non salaried customers. A comprehensive review of operations of these new age NBFCs will certainly provide key sights on how these models are working , their credit appraisal system , the gaps in risk management , level of auditing , compliance culture and the governance framework. In fact, a timely intervention by the RBI will be good for the growth of new age NBFCs and also the financial system. Watch as Anand Adhikari, Executive Editor, Business Today, explains. Read more: Wait till Q4! RBI Governor Das sees light at the end of the tunnel for economyAlso watch: First big step in creating 'Too Big To Fail' framework for LIC, GIC Re and New India


BusinessToday.In
October 20, 2020
India Stock Market Highlights Today: HCL Tech, followed by L&T, M&M, Tech Mahindra, Maruti, TCS, Asian Paints, Infosys and HDFC Bank were among the top gainers today. On the other hand, ONGC, Nestle India, SBI, ICICI Bank and IndusInd Bank were among the laggards


PTI
October 20, 2020
The valuation of these projects including Juhu Galli project and Irla project are about Rs 43,879 crore that to at a 15 per cent lesser market value


BusinessToday.In
October 19, 2020
The offer includes a reservation of up to Rs 1 crore worth of shares for eligible employees of Equitas Small Finance Bank and Rs 51 crore of shares for Equitas Holdings' shareholders


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