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In Other News Page-23

Bandhan Bank expects recovery of loans extended to micro-credit customers from second quarter of FY21

CEO Chandrashekhar Ghosh said customers in that sector are not facing problems in their businesses as they deal with local supply chain

14 May 2020 1:28 PM

US weekly jobless benefits to stay elevated as coronavirus layoffs widen

The economy lost a staggering 20.5 million jobs in April, the steepest plunge in payrolls since the Great Depression of the 1930s,

14 May 2020 10:08 AM

Accept loan repayment offer, close case against me: Vijay Mallya asks govt

While congratulating government over Rs 20 lakh crore package, Mallya lamented that his repeated offers to repay his dues have been ignored

14 May 2020 9:34 AM

Kotak Mahindra Bank Q4 profit down 4% due to Covid19 related provisions

During the quarter, standalone profit also came down by 10% to Rs 1,267 crore as compared to Rs 1,408 crore in the same period a year ago

13 May 2020 3:33 PM

Covid19 hits hotel and hospitality sector; Delhi, Bengaluru worst-hit

The occupancy level fell most in Delhi at 16.9 percentage points during January-March 2020

13 May 2020 11:59 AM

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Sebi allows e-KYC using Aadhaar for 8 entities

Sebi lists 8 entities that can undertake e-KYC Aadhaar authentication. (PTI Photo)

13 May 2020 9:42 AM

Gilead ties up with 5 generic drugmakers in India, Pakistan for Covid19 drug supply

The licenses are royalty-free until the World Health Organization declares the end of the public health emergency regarding Covid-19

13 May 2020 8:44 AM

IPL wipeout may cause India 4k crore losses

IPL, which began in 2008, generates the bulk of BCCI's revenue

12 May 2020 11:50 AM

Yes Bank case: Wadhawan brothers sent to judicial custody after court denies bail

As the CBI custody of the Wadhawan brothers ended on Sunday, they were presented before the court, which sent them to judicial custody

11 May 2020 11:19 AM

FM Nirmala Sitharaman postpones meet with PSB chiefs to later this week

The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments

11 May 2020 10:44 AM

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PNB scam: Nirav Modi's extradition trial to begin in UK over money laundering case

The five-day hearing starting on Monday relates to the Indian government’s extradition request certified by the UK government last year

11 May 2020 10:04 AM

CII seeks Rs 15 lakh crore as immediate stimulus package

CII also called for providing enterprises an immediate support to pay salaries to its workers and avoid any job losses

11 May 2020 9:51 AM

India's fuel demand crashes nearly 50% in April

The country’s fuel demand is set to recover with easing restrictions on industrial activity and transport in areas

10 May 2020 3:22 PM

US economy lost a staggering 20.5 million jobs, historic unemployment rate in April

Though millions of Americans continue to file claims for unemployment benefits, April could mark the trough in job losses

10 May 2020 9:02 AM

Rs 411 crore loan fraud: After defaulters flee India, SBI complains to CBI

Besides SBI, other members of consortium are Canara Bank, Union Bank of India, IDBI, Central Bank of India and Corporation Bank

10 May 2020 8:44 AM

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Three Ram Dev International promoters flee India after cheating 6 banks: Officials

The company had three rice milling plants, besides eight sorting and grading units in Karnal district.

09 May 2020 1:01 PM

IndiGo to cut salaries of senior employees from May

IndiGo announced pay cuts for its senior employees on 19 March, it had rolled them back on 23 April in deference to government's wishes

08 May 2020 1:29 PM

China, US agree to implement trade deal despite virus row

The countries have also agreed to maintain communication and coordination

08 May 2020 12:36 PM

India's rating outlook reflects rising risk of slower GDP growth: Moody's

The agency pointed out that the negative outlook reflects increasing risks that economic growth will remain significantly lower than in past

08 May 2020 11:55 AM

SBI cuts lending rate by 15 bps, senior citizens get a special deposit

An additional 30 basis points premium will be payable for senior citizen's retail term deposits with "5 Years & above" tenor only

07 May 2020 4:04 PM

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