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PTI
New Delhi, December 15, 2019
Based on the divergence assessed by RBI in provisioning for bad loans, PNB said it would have reported a net loss of Rs 11,335.90 crore for FY19 as opposed to a net loss of Rs 9,975.49 crore


PTI
New Delhi, December 15, 2019
HDFC Bank, ICICI Bank, Kotak Mahindra Bank and SBI were the other winners in the top-10 list, while TCS, HUL, Infosys and ITC suffered losses in their market m-capfor the week ended Friday


PTI
New Delhi, December 14, 2019
ArcelorMittal has arranged the entire fund and is likely to transfer the amount by Monday; after the payment to the lenders, this will be the single-biggest recovery under the IBC


BusinessToday.In
New Delhi, December 13, 2019
Catch top stories from the world of business and economy with BusinessToday.In's end of day report


Anand Adhikari
December 13, 2019
Ashima Goyal, a member of the PMEAC, said this is the time of healing, listening and getting feedback


Rupa Roy
December 13, 2019
Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers.


Mudit Kapoor
December 13, 2019
With retail inflation rising for the last four months, the RBI may find it difficult to cut rates going foward


BusinessToday.In
New Delhi, December 13, 2019
Shares of UCO Bank and Corporation Bank rallied up to 18 per cent in early deals on Friday amid reports that creditors to the bankrupt firm would receive payment soon


BusinessToday.In
December 13, 2019
Share Market LIVE: Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers in today's trade.


Nevin John
Mumbai, December 12, 2019
Suzlon Energy debt resolution: The company had defaulted in repayments of Rs 437.50 crore in respect of its term loans and working capital facilities in March 2019, besides failing to make payments to certain overdue creditors


BusinessToday.In
New Delhi, December 12, 2019
Cabinet approves amendments to streamline Insolvency and Bankruptcy CodeThe Union Cabinet has approved certain amendments to the Insolvency and Bankruptcy Code (IBC) during its meeting on Wednesday. The changes in bankruptcy law are meant to help investment in troubled sectors, protect corporate debtors, and to prevent ill-thought-out triggering of bankruptcy proceedings. The amendments also ensure that the foundation of a corporate debtor's business remains safeIndian banks seek ...


BusinessToday.In
December 12, 2019
Share Market LIVE : On Thursday, Tata Motors, SBI, YES Bank, Tata Steel, Vedanta were among the top gainers. ONGC, Bharti Airtel, Bharti Infratel, HCl Tech and Infosys were among the top losers.    


PTI
New Delhi, December 12, 2019
Verdict in the case is now expected only in the New Year, when the judge could either dismiss the petition and find in favour of the 63-year-old businessman or adjourn the case until the UB Group chief's latest settlement offer is decided upon by the Indian courts


BusinessToday.In
New Delhi, December 11, 2019
Online shopping scams: Piyush Goyal said that the government has the Consumer Protection Act, 1986 to safeguard the interests of the consumers


BusinessToday.In
December 11, 2019
Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.


BusinessToday.In
December 10, 2019
Catch top stories from the world of business and economy with BusinessToday.In's end of day report


PTI
New Delhi, December 10, 2019
COP25 Summit: While some EU countries such as Sweden (4th) and Denmark (5th), one of the best climbers, achieve overall high or very high ratings


BusinessToday.In
New Delhi, December 10, 2019
The highlight of the day-long event are the BT Best CEOs Awards, where some of the biggest names in Indian industry will be awarded. Oil Minister Dharmendra Pradhan is the chief guest and will give away the awards


BusinessToday.In
New Delhi, December 10, 2019
Due to divergence in reporting of bad loans, SBI has to make additional provisioning of Rs 12,036 crore in the balance sheet. As a result, the adjusted net loss of the bank would be at Rs 6,968 crore instead of its reported profit of Rs 862 crore for FY19


Niti Kiran
New Delhi, December 10, 2019
The growth in GNPA has been moderating for SCBs at an overall level given the reduction in the slippages of the PSBs and the loan write offs


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