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BusinessToday.In
September 24, 2018
Financial market regulator Sebi is reportedly examining sharp movement in shares of Dewan Housing Finance Corp. Ltd (DHFL), Yes Bank Ltd. and other lenders for possible trading irregularities.


BusinessToday.In
New Delhi, September 24, 2018
The ED had registered a money laundering case against Sterling Biotech and its promoters, the Sandesara brothers, last October, taking cognisance of a CBI FIR on charges of alleged corruption.


BusinessToday.In
September 24, 2018
While the Sensex was trading 519 points or 1.41% lower, the Nifty lost 170 points or 1.53% to trade at 10,971 level. Top losers on the index were M&M (6.85%), Adani Ports (5.93%), Bharti Airtel (5.44%) and HDFC (5.34%).


BusinessToday.In
September 24, 2018
The Dewan Housing Finance stock rose up to 24.80% or 87 points to 438.75 level in early morning trade. On Friday, the stock went into a tailspin, nosediving 42.43 per cent to end at Rs 351.55 on the BSE.


PTI
September 23, 2018
Assuring lending support to non-banking financial companies, SBI Chairman Rajnish Kumar on Sunday said there was no concern on liquidity of such firms, amid ongoing debt crisis in IL&FS Group.


PTI
New Delhi\Mumbai, September 21, 2018
Jet Airways , battling with financial woes, is already under the lens of Sebi and the corporate affairs ministry for various violations, including alleged corporate governance lapses.


PTI
New Delhi, September 21, 2018
The 30-share index cracked 1,127.58 points, or 3 per cent, to hit an intra-day low of 35,993.64 Friday. It, however recovered most of the losses within minutes of the fall.



September 21, 2018
New jobs rise to 11-month high of 9.51 lakh in July; 27 states, UTs on board to implement PM Modi's healthcare scheme from September 25; India to pay Iran in rupees for oil imports from November; Flipkart employees to turn millionaires after Walmart buys employee shares worth $800 million. Watch more in this episode of Business Wrap.


BusinessToday.in
New Delhi, September 21, 2018
The Sensex and Nifty crashed in afternoon trade today amid heavy selling in housing finance companies stocks. NBFC stocks crashed and spooked Sensex and Nifty which fell nearly 1,128 points and 368 points, respectively. However, the indices later recovered on management of these companies allaying concerns over their financial position. Watch BusinessToday.In video.


BusinessToday.In
September 21, 2018
What brought on the heavy selling in the stocks of non-banking finance companies (NBFCs)? Blame it on tightness in the money market and investor concerns over rising cost of borrowing for the companies amid continuing financial crisis at IL&FS.


BusinessToday.In
September 21, 2018
The Dewan Housing Finance stock fell up to 60 per cent or 364 points in trade today which spurred heavy selling in other housing finance stocks.


BusinessToday.In
September 21, 2018
Alleging financial mismanagement in the Omaxe Group, Sunil Goel, the second largest promoter and shareholder of the company, has filed a legal petition against Rohtas Goel, Chairman & Managing Director of Omaxe Ltd for alleged malpractices and financial fraud.


BusinessToday.In
September 21, 2018
The stock of Dewan Housing Finance fell 59.67% or 364 points to a new low of 246.25, the most among the NBFCs.


BusinessToday.In
September 21, 2018
However, the indices later recovered on management of these companies allaying concerns over their financial position.


BusinessToday.In
New Delhi, September 21, 2018
New jobs rise to 11-month high of 9.51 lakh in JulyNew job creations in July rose to an 11-month high of 9.51 lakh, taking the total tally of new enrolments to 61.81 lakh since September 2017, according to the EPFO's payroll data. Job addition numbers, which are based on new members enrolled in various social security schemes of EPFO such as pension, PF and insurance, were 9,51,423 in July -- the highest in any month since September 2017 when the retirement fund body started rel...


BusinessToday.In
New Delhi, September 21, 2018
The critical payments data collected by them (foreign payments companies) is being processed and stored outside of India, which can have severe security implications in case of a data breach, Paytm writes to the NCPI.


BusinessToday.In
September 21, 2018
The stock fell up to 8 percent or 19.55 points to 224.70 level in morning trade on BSE, its fresh 52-week low.  At 10:52 am, the stock was trading 5.22% or 12.75 points lower at 231.50. The stock which closed at 244.25 opened at 224.70 in trade today.


Associated Press
London, September 20, 2018
The luxury carmaker says it will sell a 25 per cent stake for between 17.50 pounds and 22.50 pounds a share, valuing the company at as much as 5.07 billion pounds ($6.7 billion).


BusinessToday.In
New Delhi, September 20, 2018
Flipkart has announced in a letter to current employees that they will be allowed to liquidate their ESOPs at $126-128 a unit - against $150 a unit as the reports had initially suggested.


BusinessToday.In
September 20, 2018
Global private equity major Kohlberg Kravis Roberts & Co LP (KKR) along with Mumbai-headquartered Radiant will buy 49.70 per cent stake in Max Healthcare from South Africa-based Life Healthcare Group Holdings for about Rs 2,120 crore.


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