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Security alarm: What made Indian Inc shell out on cyber insurance?

Earlier, the trend was different with only IT and banking companies would purchase cyber insurance, as their business in developed countries required them to comply with data protection regulations.

Aug 13, 2017

13,000 shell companies were identified prior to SEBI ban

Of the 331 firms facing trading curbs, 162 were actively traded while 169 were suspended for various violations of the listing agreement.

Aug 12, 2017

rbi governor, garima kapoor, elara securities, rbi governor urjit patel, rbi repo rate

RBI's dividend to Modi-led government halves to Rs 30,659 crore

RBI's dividend to the government halved to Rs 30,659 this year from Rs 65,876 crore last year, propelled by the high cost of printing new currency notes.

Aug 11, 2017

SEBI headquarters

$23 bn Idea-Vodafone merger gets conditional go-ahead from exchanges

Idea has given a voluntary undertaking to Sebi that it will not dispose of shares purchased by one of its promoters before the merger announcement.

Aug 8, 2017

General Insurance Corp files for IPO, may raise over $1 bn

Will issue 124.7 mn shares comprising 14.22 percent of capital.

Aug 7, 2017

Bad loans meet: Lenders to discuss future of defaulters identified by RBI

Most of the debt is unsustainable and so high that these companies won't be able to repay it in next 25-30 years.

Aug 7, 2017

Syndicate Bank ATM

Syndicate Bank posts June quarter net loss of Rs 263 crore

Total income during the first quarter of 2017-18 also fell to Rs 6,171.49 crore

Aug 5, 2017

sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

SBI-led consortium orders forensic audit of Videocon's financial books

The debt restructuring process would commence only after KPMG concludes the audit.

Aug 4, 2017

Letting go, slowly: Govt to divest up to 25% stake in 4 defence firms via IPO floats

The government has so far sold equity in Hindustan Copper, Cochin Shipyard, HUDCO, L&T and the Dredging Corporation, among others.

Aug 4, 2017

RBI, Reserve Bank of India

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Headline inflation reflects a structural shift, and is low enough to warrant more aggressive cuts, say senior govt officials.

Aug 3, 2017

I-T officials raid Karnataka minister DK Shivakumar

I-T department raids Karnataka minister DK Shivakumar's residence, Bengaluru resort housing 44 Gujarat MLAs [VIDEO]

The Income Tax department conducted raids at the residence of Karnataka minister D.K. Shivakumar and his brother D.K. Suresh

Aug 2, 2017

Above the table: GST gets it right on the money

The landmark reform's biggest loophole will appear in the form of our systemic inability to discard old paradigms.

Jul 31, 2017

Banks third party products

Esops fable might turn sour if 8 lakh bank staff fail to recover bad loans

Scheme planned to come into force in 2017-18; most state-run banks have provision coverage ratio less than 65 percent.

Jul 31, 2017

Going bust: Steeling up for insolvency, and the intriguing case of Electrosteel

When management promises turn out to be sheer mirage, there arise glaring examples of the high quantum of mismanagement which banks and taxpayers face.

Jul 27, 2017

RBI stops printing Rs 2000 notes

RBI stops printing Rs 2000 notes, focus turns to new Rs 200 [VIDEO]

The govt plans to slowly phase out higher denomination notes.

Jul 26, 2017

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