Companies
Vodafone Idea to get $2 billion funding from Oaktree and Varde
On Thursday, reports from Bloomberg confirmed Oaktree and Varde’s offer of $2 billion funding to Vodafone Idea. The new merger…
Companies
Finance
Bitcoin investment manager tops $10 billion in assets
The virtual currency is close to all time peak of $20,000. World’s largest crypto currency asset manager Grayscale mentioned, assets…
Aviation
Spicejet shares crossed bar of 50% , Indigo crosses 29% in November
Spicejet shares showed a 13% rise in accordance with the previous day’s close. Spicejet was trading at Rs 75 at…
Banking
LVB has enough funds to repay depositors – Administrator
RBI appointed administrator for Lakshmi Vilas Bank, T.N Manoharan stated the loss making bank has ample liquidity to pay back…
Markets
Sensex, Nifty record lifetime high led by banks, financials and auto stocks
On Wednesday, Indian equity markets closed at record high for the third day led by banks, financials and auto stocks.…
Companies
Adani Gas shares surge 19% on heavy trading volumes
Shares of the Ahmedabad-based gas distribution company – Adani Gas – rose to 19 percent to hit a fresh 52-week…
Markets
Lakshmi Vilas Bank share tanks 20 percent on merger
After the government on tuesday placed Lakshmi Vilas Bank(LVB) under a one month moratorium, the shares of LVB on wednesday…
Banking
RBI to merge Lakshmi Vilas Bank with DBS
After recurring losses for three years, RBI imposed moratorium for a period of 30 days on LVB. Withdrawals are restricted…
Banking
Shareholders to get nothing in LVB and DBS Bank merger
The LVB (Lakshmi Vilas Bank) shareholders will be left with nothing after this merger goes through. Once it’s official, their…
Policy
Madhya Pradesh govt constitutes ‘Cow Cabinet’ for the protection of Cows
The Bharatiya Janata Party government in Madhya Pradesh has decided to constitute a ‘Cow Cabinet’ for the protection and promotion…
Finance
Pune: MSEDCL reveals power bills worth Rs.1800 crore of over 13 lakh customers pending
A recent update from Maharashtra State Electricity Distribution Company Limited has disclosed that over 13 lakh customers from Pune have…
Banking
Canara Bank revises rates for Fixed Deposits (FD)
New interest rate from Canara Bank are applicable from 16th November. For deposits that are below Rs. 2 crore and…