Entering the banking space would have given IBHFL access to cheap deposits and saved it from regular crises like being faced by the shadow banks now
Employees have been protesting outside the office of MTNL as their salaries haven't been paid for two months—August and September
Mahindra has grown by 33.4 percent to reach 5,584 sales up to end of September
IRCTC initial public offering (IPO) is in a price range of Rs 315-320 per share
The application for the merger of Lakshmi Vilas Bank and India Bulls Housing Finance was made in May after both the parties agreed to the merger in April.
At the interbank foreign exchange the rupee opened at 70.96, then gained further ground and touched a high of 70.87, registering a rise of 20 paise over its previous close
The 4-9 October poll of over 40 economists predicted India’s annual consumer inflation rose to 3.7% in September, its highest in a year
Sensex dropped over 150 points on Thursday tracking losses in banking stocks amid unabated foreign fund outflow.
A company spokesman attributed the induction of the junior Ambanis to respect the wishes of the shareholders who during the recent AGM asked the management to get fresh blood into the company by bringing them on board.
Under PM-Kisan scheme, the government is providing annually Rs 6,000 in three equal installments to 14 crore farmers
Despite the 135 basis points cut in repo rate, at which the Reserve Bank of India (RBI) lends short-term funds to banks, banks have lowered only 30-40 bps to their borrowers
Around 90% of the world would be faced with an economic slowdown, said International Monetary Fund's (IMF) new managing director Kristalina Georgieva
At the interbank foreign exchange, the rupee opened on a strong note at 71.20 then lost momentum and fell to 71.22 against the US dollar, showing a decline of 20 paise over its previous closing
Sensex was trading 36.04 points or 0.10% higher at 37,568.02 in the early trade; while the broader Nifty was almost flat with positive bias at 11,127.40
The succession proposal for Renault's current Chief Executive Thierry Bollore could be on the agenda of the next board meeting on 18 October
The Directorate General of Trade Remedies is an arm of the commerce ministry which carries out investigations in case of dumping of goods, a significant increase in imports of a product and increase in imports of subsidised items
The government has prepared a national clean air programme for 122 cities of the country under which schemes for reducing pollution will be made
The income gap between the rich and poor is further widening showing that the rich in India are getting richer at a much faster pace while the poor are struggling to maintain their standard of living.
E-commerce companies are estimated to have registered sales of close to $3 billion or Rs 19,000 crore, up 30 percent from last year
India, which was ranked 58th in the annual Global Competitiveness Index compiled by Geneva-based World Economic Forum, is among the worst-performing BRICS nations along with Brazil
Intel's Vice President of artificial intelligence software and the AI lab Arjun Bansal and fashion platform Zilingo CEO and co-founder Ankiti Bose make it to Fortune's 2019 list
Ex-Tata Sons chairman Cyrus Mistry, who was abruptly removed from the post, even went on to claim that the Nano "consistently lost value, peaking at Rs 1,000 crore"
Maruti Suzuki India produced a total of 1,32,199 units in September as against 1,60,219 units in the year-ago month
Founded in 2013, Oyo started by aggregating bookings for India’s budget hotels, promising a standard of service in a market where that was more often the exception
The deposit insurance guarantee scheme was set up in 1961 to ensure depositors are guaranteed at least some amount in the event of a bank collapse
Gautam Thapar was sacked as chairman with immediate effect on on 19 August after an investigation unearthed a multi-crore financial scam in the firm
On Monday (7 October), the stock market benchmark Sensex on the BSE declined by 141 points after a volatile session
State bank of India launched ‘Debit Card EMI facility’ for its existing customers, whereby they can opt for an EMI tenure of minimum six months to 18 months on Monday.
The Caixin/Markit services purchasing managers’ index (PMI) fell to 51.3 last month, the weakest since February, versus August’s 52.1
The government has set up the IMCC using its powers conferred under the Prevention of Money Laundering Act, 2002.