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Reuters
October 23, 2019
The rescue financing marks a dramatic fall from grace for Neumann, who as recently as last month was preparing to take WeWork public as chief executive after attaining a $47 billion valuation for it in January


C.S.Sudheer
October 23, 2019
Maintaining a balance between saving and spending is crucial. When you grow into the sunset years, the capacity to earn diminishes. This is why you must save for the golden years.


BusinessToday.In
New Delhi, October 23, 2019
Gurugram-based Alok Kumar Agarwal has been appointed the interim resolution professional by the NCLT to oversee the travel company's affairs.


BusinessToday.In
October 23, 2019
Oriental Bank of Commerce (OBC) reported a 23.5% rise in net profit at Rs 126 crore for the second quarter ended September on the back of rise in net interest margin and lower fresh slippages on bad loans


BusinessToday.In
New Delhi, October 23, 2019
AI, digital marketing, design thinking among top skills to ensure future growth: surveyTechnology skills such as Artificial Intelligence/Machine Learning (AI/ML), digital marketing and design thinking will be important to drive the future growth, finds a survey by ed-tech firm Great Learning. The analysis of 307 corporates (ranging from small and medium enterprises (SMEs) to large corporate) focussed on finding out top skills that organisations will need to drive future performanc...


Reuters
New Delhi, October 23, 2019
Indian banks, already saddled with nearly $150 billion in bad loans, are struggling to grow their lending activity as a slowdown in domestic consumption weighs on demand for credit.


PTI
October 22, 2019
Punjab and Maharashtra Cooperative (PMC) Bank's former director Surjit Singh Arora was arrested last week by Mumbai Police's Economic Offences Wing (EOW) in connection with the alleged Rs 4,355 crore scam


PTI
October 22, 2019



BusinessToday.In
October 22, 2019
The aim is to bring down cases of data theft and reduce operational risks. But the lenders are afraid that this might lead to deceleration of consumer loans and credit cards.


BusinessToday.In
New Delhi, October 22, 2019
Reacting to the news, Tata Motors share price declined as much as 5.01 per cent to touch an intraday low of Rs 129.85 apiece on the BSE after making a negative opening at Rs 133.40


BusinessToday.In
October 22, 2019
Federal probe agency ED conducted raids at dozen premises of DHFL on Saturday in Mumbai and other places, under the provision of the Prevention of Money Laundering Act (PMLA)


BusinessToday.In
October 22, 2019
YES Bank has set to take over an estimated Rs 6,000-crore residential project from the developer Sumer Radius Realty, over non-payment of dues worth more than Rs 479 crore


PB Jayakumar
October 21, 2019
Consolidated revenues increased to Rs 3,604 crore from Rs 3,144 crore in the same quarter a year ago and from Rs 6,047 crore in H1FY19 to Rs 7,110 crore in H1FY20


PTI
October 21, 2019



BusinessToday.In
New Delhi, October 21, 2019
According to Moody's, a key risk for vehicle finance companies is their heavy reliance on short-term wholesale funding, as highlighted by a default by IL&FS that sparked a liquidity crisis for the entire non-bank finance sector in India


BusinessToday.In
New Delhi, October 21, 2019
Money stuck for nearly a month, PMC Bank depositors stare at uncertain futureNearly a month after the RBI clamped down on the operations of scam-hit PMC Bank, the depositors say their woes have only worsened, with some unable to pay school fees of their wards, while others finding it difficult to meet medical expenses. Many fear that they might lose their lifetime earnings deposited in savings accounts, or in the form of fixed deposits. So far, three depositors have lost their liv...


PTI
October 20, 2019



PTI
October 20, 2019



PTI
October 20, 2019



PTI
New Delhi, October 20, 2019
The bank said the financial assets were showcased on October 12 and the e-auction will take place on November 7.


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