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Vijay Mallya

Karnataka High Court orders winding up of United Breweries (Holdings) Ltd

IAE International Aero Engines had sought recovery of dues by Kingfisher Airlines, promoted by United Breweries (Holdings) Ltd. Feb 7, 2017
India microfinance

Can NBFCs fill the void as banks' appetite to lend deteriorates after NPA woes?

NBFCs have built substantial AUM in the personal loan and housing finance segments, which so far have been the bread and butter for retail banks. Feb 7, 2017
Spam

Spammed! India faces maximum IP blocks as spam emails globally rise to record levels

A Cisco study finds that more than one-third of organisations that have been subject to a cyber attack lost 20% of revenue or more. Feb 7, 2017
pvr q3 results, pvr share price, pvr news, hindi films, multiplexes in india, dangal box office, raees box office, kaabil box office collection, forthcoming hindi films

PVR Q3 results and earnings call: Movie goers spent less on tickets, food due to demonetisation

Brokerage Nirmal Bang analyses the third quarter (Q3) results of multiplex owner PVR and gives its rating. Feb 7, 2017
Apple

Apple pushed to 4th place in China; Oppo, Huawei and Vivo grab first 3 slots

Apple's share in China's smartphone market declined both for Q4 as well as for 2016 amid competition from local players Huawei, Oppo and Vivo. Feb 7, 2017
Vijay Mallya's Kingfisher Airlines

RBI forced banks to grant loan to Kingfisher Airlines violating its own rules

Knowing well that KFA fell under the category of sub-standard assets, top RBI officials asked banks to loan more to the airline. Feb 7, 2017
Reliance Jio

Bharti Airtel files counter complaint with CCI against Reliance Jio over predatory 4G free data offer

Bharti Airtel has now filed a counter complaint with the CCI, alleging that Reliance Jio's free 4G data is predatory in nature. Feb 7, 2017
ujjivan small finance bank, ujjivan sfb, ujjivan financial services share price, rbi guidelines on small banks, equitas sfb

Ujjivan Small Finance Bank commences banking operations

The RBI had issued licences to 10 entities, including Ujjivan Financial Services, in September 2015 to start small bank operations. Feb 6, 2017
US court refuses to reinstate Trumps controversial travel ban executive order

Facebook, Apple, Google and Microsoft file opposition against Donald Trump's immigration ban

The tech giants have argued that the ban imposes significant burdens on the industry by not allowing firms to hire talents from countries under entry ban. Feb 6, 2017
Subrato Roy

Sahara case: SC orders attachment of Aamby Valley

The apex court ordered Sahara to furnish a list of properties that were free from litigation and mortgage so that they can be attached for public auction. Feb 6, 2017
icici prudential share price, icici bank share price, listing of psu insurance companies, insurance in india, sbi life insurance stake sale

ICICI Prudential Life shares hit new 52-week high, ICICI Bank gains 3.4%

ICICI Bank and ICICI Prudential Life Insurance post good gains on Monday (Feb 6), outperform BSE Sensex, NSE Nifty. Feb 6, 2017
Indian rupee

Why LIC offering 8% interest rate on FDs for senior citizens is bad news for banks

LIC, apart from the post office, offering a higher interest rate would mean banks may not be able to lower their deposit rates from current levels. Feb 6, 2017
elss, mutual fund investments, mf investment, sip investment, deduction u/s 80c, tax planning, stock market returns, income tax returns

ELSS could see spike in inflows after slowdown in December 2016

Net inflows into ELSS, which qualify for deduction u/s 80C, dipped after rising from July 2016 to November 2016, reveals Amfi data. Feb 6, 2017
Cochin Shipyard

Cochin Shipyard may buy controlling stake in debt-laden ABG Shipyard

Shapoorji Pallonji and Co. Ltd., which was also in the race to buy a stake in ABG Shipyard, has apparently backed out of the discussions. Feb 6, 2017
Smartphone

SC orders Central government to frame rules to stop SIM card misuse

The Centre has told the apex court it will link all SIM cards to Aadhaar cards within a year. Feb 6, 2017
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