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2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
3 mins read
Reliance expects to complete merger with Disney's India business in Q3
Reliance Industries, led by Mukesh Ambani, is set to merge its media assets with the Walt Disney's …
PTI
3 mins read
Bad loans of India's banks to rise to 8-9% this year, says CRISIL
The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…
2 mins read
HDFC AMC’s Q2 profit after tax grows 6% on year to ₹364 crore
India’s third-largest mutual fund house HDFC Asset Management Company on Wednesday announced a prof…
1 min read
India's bad bank gets government nod — green lights NARCL with ₹30,600 crore guarantee
The government guarantee would be invoked if there is loss against the threshold value. Br…
PTI
2 mins read
Adani and Sunteck Realty show interest in acquiring HDIL
Adani Properties, Sunteck Realty and Suraksha Asset Reconstruction Ltd are among the companies whic…
3 mins read
Yes Bank shares tank over 12% as 3-year shareholder lock-in period ends
Shares of private sector lender Yes Bank tanked more than 12% in early trade on Monday as a Reserve…
3 mins read
Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders
HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …
PTI
2 mins read
NCLT withholds merger of Embassy group firms with Indiabulls Real Estate
The National Company Law Tribunal, Chandigarh bench, has withheld the merger of realty firm Embassy…
PTI
4 mins read
Possibility of rival bids for Go Airlines? It is a hypothetical question: says CEO Kaushik Khona
Even though the Wadia group has approached the National Company Law Tribunal (NCLT) voluntarily to …
1 min read
Russia is threatening to retaliate against the West in equal measure if it confiscates Moscow's frozen assets to help Ukraine
Leaders of the Group of Seven are set to discuss how to legally seize $300 billion in Russian centr…
Huileng Tan
2 mins read
CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…
4 mins read
Opinion: The creation of a bad bank helps banks but not necessarily the bankrupt
Presumably, the separate asset management company, which will be majority owned by the private s…
3 mins read
Reliance Capital asset sale: SBI Life and Apollo join the race, nearly 70 bids received so far
Reliance Capital's (RCAP) expression of interest (EOI) for asset monetisation garnered mega respons…
2 mins read
Future Retail heads for liquidation as lenders fail to get suitable buyer
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidat…
PTI
2 mins read
Coal India embarks on overseas acquisition of critical mineral assets
In a bold move to diversify its operations and integrate further into the value chain, Coal India L…
PTI
2 mins read
NCLT approves Zee-Sony merger, paves way for creation of USD 10 bn media giant
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterp…
PTI
3 mins read
Future Retail insolvency process: 48 cos selected as eligible prospective bidders
As many as 48 companies, including Reliance Retail, Jindal Power Ltd and Adani Group, are on the fi…
PTI
1 min read
Google Pay counters Paytm by partnering with ICICI Bank to issue FASTags
ICICI Bank on Monday said it has joined hands with Google Pay for issuance of FASTag, a reloadable …
3 mins read
Mutual funds deploy ₹20,700 crore in March with huge buying in RIL, Infosys & HDFC
As inflows into equity mutual funds continue to rise, mutual funds were able to deploy ₹20,700 cror…