Finance

An aircraft of India's Jet Airways lands

Etihad conditions set speed bumps for debt-laden Jet's resolution plan

UAE national carrier is apparently unhappy over SBI opposition to its demand for a right of first refusal after one year and Sebi norm requiring an open offer.

Feb 25, 2019

GST rate cut: Real estate sector eyes massive demand spurt

Widening of 'affordable housing' category and rate reduction expected to give a push to Narendra Modi government's 'Housing for All 2022' programme.

Feb 25, 2019

Sebi bans commodities arms of Motilal Oswal, India Infoline from trading

Sebi has directed all clients of the two commodity broking firms to transfer their securities within 45 days to other brokers.

Feb 23, 2019

ING Group sells entire 3% stake in Kotak Mahindra Bank

Dutch financial giant's exit from private lender by offloading 5.8-crore shares in block deal was expected after a partial stake sale last year.

Feb 23, 2019

High-profile fugitives: Cautious CBI issues lookout notice for Chanda Kochhar

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot.

Feb 22, 2019

Ericsson case: Anil Ambani guilty of contempt, directed to pay Rs 453 crore or face 3 months jail

Anil Ambani set to exit mutual fund biz with Reliance Capital stake sale

Company invites foreign partner Nippon Life Insurance to acquire entire 43% stake in Reliance Nippon Life Asset Management

Feb 22, 2019

New RBI governor Shaktikanta Das. Photo: Reuters

Banks may resist RBI pressure to cut lending rate despite repo rate reduction

Bankers believe reducing the interest rate on advances without cutting rates on deposit will affect banks' ability to lend more unless SLR or CRR is eased.

Feb 19, 2019

Paytm to take longer than expected to return profits amid surging losses

Rapid expansion strategy may raise Paytm losses to Rs 2,100 crore in FY20 as competition heats up mobile payments field.

Feb 18, 2019

RBI confident NBFC liquidity situation will improve

Easing of NPAs and banking sector turnaround will help steady NBFCs, governor Shaktikanta Das says

Feb 15, 2019

Kamal Haasan on Budget 2019: Sounds in some parts like legitimate version of money for votes

Kamal Haasan has given a thumbs-down to the Budget 2019, which was presented by Union minister Piyush Goyal.

Feb 5, 2019

Interim Budget 2019: Tax rebate for those earning up to Rs 5 lakhs per annum

Railways Minister Piyush Goyal will present the budget in place of Union Finance Minister Arun Jaitley due to the latter's absence for medical reasons. The presentation of the budget will begin at 11 am.

Feb 1, 2019

nse nifty, nifty at new high, nifty at historic high, nifty at lifetime high, nifty to cross 10000, nifty to hit 10000, sensex gainers, 3 years of modi govt

Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

UPI 2.0 gets ready to push growth as digital transactions plateau

UPI transactions' value shot up by 700% last year despite a 1% drop in total digital payments

Jan 15, 2019

Syndicate Bank's agricultural sector NPAs rose fourfold in five years

The bank, which is a likely candidate for merger and consolidation with some other public sector lenders, accumulated NPAs to the tune of Rs 10,253 crore until March 31, 2018.

Jan 9, 2019