Banking
PNB Housing challenges SEBI’s decision to pause its Rs.4,000 crore deal with Carlyle Group
Following allegations of undervaluation, SEBI put a pause on the deal and wrote a letter to PNB Housing last week.
Banking
Business
Top factors that will influence the Indian stock markets on Monday
In the global markets, investors appeared worried about US Fed's indication to raise interest rates sooner than earlier anticipated.
Policy
J&K statehood to be restored by Centre; Blueprint to be discussed on 24th June
On meeting the mainstream political parties from the region of Jammu and Kashmir, Prime Minister Narendra Modi will discuss restoring…
Business
With easing curbs of COVID-19, sales recovery comes in sight: MG Motors
According to a top company official, with various states bringing an end to restrictions on business activities due to improvement…
Funding
Centre said SC, will exhaust funds if Rs 4 Lakh compensation given to COVID-19 victims
The funds for disaster relief would be exhausted if compensation of ₹4 lakh is paid to all those who died…
Business
₹4,000 crore Carlyle, PNB Housing deal paused by SEBI
A pause on ₹4,000 crore share allotment to a clutch of companies led by the Carlyle Group has been effectively…
Business
Around 1 lakh IT returns filed on e-filling portal: Infosys COO Pravin Rao
While responding to the queries from close to half a dozen shareholders in the company’s 40th annual general meeting on…
Banking
Karnataka Bank declares Reliance Home Finance, Reliance Commercial Finance in fraud of over Rs 160 crore
The lender said it has been dealing with Reliance Home Finance since 2015 and with Reliance Commercial Finance since 2014.
Banking
HDFC Bank to acquire stake worth over Rs 1,906 cr in HDFC General Insurance
The purchase is to happen at a price determined on an independent evaluation report, subject to receipt of necessary approvals…
Policy
BJP central to visit Lucknow after days of ‘feedback’ drive in Uttar Pradesh
A two member group of central BJP leaders will be back in Uttar Pradesh’s capital Lucknow, simply seven days after…
Forex
India’s Forex holds bounce $3.07 billion, to hit record high of $608.08 billion
India’s Foreign Exchange (Forex) reserves expanded by $3.074 billion in the week that ended on June 11. With this flood,…
Banking
The Ministry of Finance responds to the gain of Indian funds in the Swiss Bank
On Friday, it was reported that the Indian funds gained around Rs 20,700 crore in the Swiss Bank. On this…