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BusinessToday.In
New Delhi, May 31, 2020
Madhu Kapur holds 14 crore or 1.12 per cent shares while another investor Mags Finvest holds 3.72 crore or 0.3 per cent shares in Yes Bank; the announcement by Madhu Kapur group ends years-long controversial battle for greater control over the bank


PTI
May 31, 2020
The blastoff from Kennedy Space Center in Florida also assumes significance as it marks the launch of humans into orbit from US soil for the first time in nearly a decade


E Kumar Sharma
May 30, 2020
Impetus, similar to what was given to IT sector in its earlier early days, needs to be extended to healthcare industry so it can grow in a similarly vigorous fashion, says Apollo Hospitals' Suneeta Reddy and Biocon's Kiran Mazumdar-Shaw


BusinessToday.In
May 30, 2020
The announcement comes after the Reserve Bank of India extended moratorium on equated monthly instalments (EMIs) of loans by three months till August 31, 2020


PTI
May 30, 2020
West Bengal became the second state to throw open the doors of the shrines for devotees after Karnataka, which has sought permission from the Centre to reopen religious places from Monday


Joe C Mathew
May 29, 2020
The impact of COVID-19 on Indian economy is yet to unravel; the 2019-20 GDP estimates, thus, hide more than they reveal on the state of economy in 2020-21


Reuters
May 29, 2020
Initial claims for state unemployment benefits fell 323,000 to a seasonally adjusted 2.123 million for the week ended May 23, the Labor Department said


Reuters
May 29, 2020
Prime Minister Narendra Modi has maintained the lockdown ordered on March 25 to curb the spread of Covid-19 in the world's second most populous country, though many restrictions were eased for manufacturing, transport and other services from May 18


Niti Kiran
New Delhi, May 28, 2020
The mining sector output growth de-accelerated from 1.7 per cent to 1.1 per cent during the period and the manufacturing sector output contracted during Apr-March' 20, for the first time in at least five years


PTI
May 28, 2020
Earlier this week, Fitch Ratings and Crisil, too, projected a 5 per cent contraction for the Indian economy


Joe C Mathew
New Delhi, May 28, 2020
Coronavirus update: The survey, carried out among 50 private laboratories across 13 states, indicated that while the public sector is running at near full capacity, the private sector is being utilised only at 25-30 per cent


Anand Adhikari
New Delhi, May 28, 2020
Bank enjoys highest price to book value of 4.75 times; largest private bank, HDFC Bank, gets 2.90 times followed by ICICI Bank (1.77 times) and Axis Bank with 1.29 times the book


BusinessToday.In
May 28, 2020
Share price of  Axis Bank which stood at Rs 336.95 on May 22 hit an intra day high of Rs 407.25 today, amounting to return of 20.86% in three consecutive sessions


Reuters
May 28, 2020
A nationwide lockdown entering its third month is expected to lead to a contraction in economic growth in the current financial year, according to several global rating agencies, which have also changed their outlook on the banking sector to negative


BusinessToday.In
May 28, 2020
Stock Market LIVE Updates: Ceat, Agro Tech Foods, Daawat, Federal Bank, Lupin, Muthoot Finance, Radico, TVS Motors, Wendt among others will announce will be reporting their quarterly results today.


Nirbhay Kumar
May 28, 2020
In a letter to Tourism Minister Prahlad Singh Patel, FAITH Chairman Nakul Anand has said that viable tourism business will not restart for almost 15 months after the lockdown is lifted


Prasanna Mohanty
May 27, 2020
The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting


Ashish Pandey
New Delhi, May 27, 2020
The lenders would require extra capital in the coming 12 months as credit quality declines, resulting in wider provisioning


Nirbhay Kumar
New Delhi, May 27, 2020
The NHAI will disburse 'COVID-19 loan' within 60 days of receiving a valid request from the concessionaire. The loans will be granted only to those parties who are not in default of contractual obligations as on February 19, 2020


BusinessToday.In
May 27, 2020
Share price of Kotak Mahindra Bank rose up to 7.81% to  Rs 1,242.55 compared to the previous close of Rs 1,152 on BSE


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