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Reuters
November 19, 2020
Upset over the companies' decision on what to leave on the platform and what to take down, many Republican lawmakers and Trump have threatened to take away protections for internet companies


PTI
November 18, 2020
Moody's said India and Indonesia are DBS' core foreign markets where it is actively growing its digital banking services, and had more than 3 million digital bank customers in these two markets at the end of 2019


Manoj Sharma
November 18, 2020
Scores of Lakshmi Vilas Bank customers have gone on panic mode since the moratorium was imposed; Manoharan says the bank has made adequate measures to provide cash to all customers within the prescribed limit


BusinessToday.In
November 18, 2020
LVB is a small bank and its failure won't significantly impact the banking sector, but it's the loss of confidence and trust in banking system that has escalated with this crisis


BusinessToday.In
November 18, 2020
Chennai-headquartered Lakshmi Vilas Bank got its new acquirer in DBS Bank after two failed mergers. Even though DBS Bank is well capitalised, the foreign bank will bring in additional capital of Rs 2,500 crore upfront to support credit growth of the new entity


Anand Adhikari
November 17, 2020
The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges


Anand Adhikari
November 17, 2020
The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20


Vivek Punj
November 17, 2020
Payments to the creditors have been capped at Rs 25,000 during the period of moratorium. Withdrawals above Rs 25,000 have been permitted in case of unforeseen expenses


Reuters
November 16, 2020
Nissan, struggling to recover from the pandemic-induced downturn, could sell its stake to a Mitsubishi group company such as Mitsubishi Corp, which already owns a fifth of Mitsubishi Motors


Nevin John
New Delhi, November 12, 2020
The 15 most-indebted non-BFSI companies had a combined debt of Rs 10 lakh crore in FY20, a 15 per cent increase over the previous year, and their troubles seem to be far from over


BusinessToday.In
November 11, 2020
BSNL will provide both wireless and fixed lines in Mumbai and Delhi on behalf of MTNL on a pilot basis for five to six months, starting from January 1, 2021


Chitranjan Kumar
November 8, 2020
Lakshmi Vilas Bank Q2 results: The lender's gross non-performing assets (NPAs) ratio as a percentage of gross advances continued to remain at an elevated level of 24.45 per cent in Q2 FY21, higher than 21.25 per cent in Q2 FY20


BusinessToday.In
November 4, 2020
Professor Eugene F Fama said that he would not want to be part of the aviation business in a situation such as this. Aviation industry that has been battered in the wake of the pandemic is one of the most severely-impacted sectors


BusinessToday.In
November 3, 2020
The exercise is meant to find equity investors willing to take over the management of PMC Bank in order to revive the beleaguered lender and resume its day-to-day operations


Chitranjan Kumar
November 2, 2020
NTPC share buyback: The company to buyback 19.78 crore fully paid-up equity shares of face value of Rs 10 each at a price of Rs 115, a 29 per cent premium against the Monday's closing price of Rs 89.25


Chitranjan Kumar
October 29, 2020
Vodafone Idea Q2 results: Telecom major said that its board has approved fund raise of up to Rs 25,000 crore through a mix of debt and equity


Reuters
October 29, 2020
Ford reported net income in the third quarter of $2.4 billion, or 60 cents a share, compared with $400 million, or 11 cents a share


Reuters
October 28, 2020
Earlier this month, the company was aiming to raise $3 billion in its IPO, which could give it a valuation of more than $30 billion, and that it was targeting a listing before the end of the year


BusinessToday.In
October 27, 2020
NTPC share touched an intraday high of Rs 89.8, rising 4.54% on BSE


Reuters
October 27, 2020
The all-share merger announced late last year would unite brands such as Fiat, Jeep, Dodge, Ram and Maserati with the likes of Peugeot, Opel and DS - while targeting annual cost cuts of 5 billion euros ($6 billion) without closing factories


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