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RBI has taken two Srei companies out of board control after payment defaults
Kolkata based Srei Group companies enter insolvency proceedings as the Reserve Bank of India (RBI) …
Reliance Home Finance, Reliance Power shares hit lower circuit limits
Investors continued to desert the counters after markets regulator Sebi barred the industrialist an…
PTI
SREI Equipment Finance auditor reports fraudulent transactions to the tune of ₹13,110 cr
SREI Equipment Finance Ltd has reported alleged fraudulent transactions amounting to Rs 13,110 cror…
Infosys, Bharti Airtel, SREI Infrastructure Finance and other stocks to watch out for April 9
The Indian stock markets could open on a flat note on April 9 after the volatile trading on April 8…
Mitch McConnell says the US won't default on its debt as he pushes the US closer to defaulting on its debt
Democrats are scrambling for alternatives to skirt GOP opposition. They're considering maneuvers li…
Joseph Zeballos-Roig
Biden dismisses GOP threats to not cooperate with Democrats on lifting debt ceiling: 'Nope, they're not going to let us default'
Both parties are on the verge of a major clash, given Republicans are refusing to raise the debt li…
Joseph Zeballos-Roig
Russia is building a new bond-payment system to get around US sanctions, as it tries to avoid a historic default
The new system will let Russia bypass the Western financial system entirely, Finance Minister Anton…
Harry Robertson
Srei Infra Finance Q3 net falls 34 pc to Rs 60 cr
Hemant Kanoria, chairman, Srei, said: "For last few years, our focus has been to grow our equipmen…
PTI
India’s largest infrastructure lender is selling its renewable energy assets to avoid defaulting on its debts
The renewable energy assets up for sale include a number of operational and soon-to-be operation…
Meet Hemant Kanoria, the only man who made profit out of his loans to Kingfisher Airlines
He, however, didn’t shy away from comparing the Chinese ecommerce giant with Sahaj, where rural e-k…
Biden's economic agenda is in 'significant danger' of collapse. Their worst-case scenario for the 2022 midterms is inching closer.
Biden needs results not just to transform the economy, but to have something to run on. "The party'…
Joseph Zeballos-Roig
India’s central bank is on high alert amid fears of a ₹8.5 billion default by housing finance major
The Reserve Bank of India (RBI) governor Shaktikanta Das today said that the central bank could ste…
Srei Equipment, UCO Bank enter pact for joint loans
The partnership will allow Srei Equipment Finance -- awholly-owned subsidiary of Srei Infrastructur…
PTI
NBFCs should raise resources on sustained basis: Srei''s chief
The government and the regulator, Reserve Bank ofIndia (RBI), should come out with more clarity for…
PTI
India unveils economic stimulus-- from homes to cars to banks to infrastructure to equity markets
In a bid to restore the faith in the Indian economy and the Narendra Modi government, Finance Minis…
El Salvador's bitcoin bond reportedly hasn't lured a single investor, and markets are bracing for a default on conventional debt
El Salvador's conventional bonds due in 2032 yield 24%, according to data from Bloomberg
Phil Rosen
Aadhaar Gaining More Teeth, To Play Key Role In ‘Banking For All’
Except for the Aadhaar part.
Russia's oil may not save its economy as China lacks infrastructure to take on more supply and Europe mulls formal ban
China is unlikely to have the infrastructure or capacity to handle a fresh influx of oil supply fro…