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The assets under management (AUM) of NBFC-MFIs had grown by 47 per cent in FY19.

Slower growth seen for NBFC-MFIs

Liability-side issues due to the NBFC crisis will keep the growth under check.

4 Nov 2019 1:06 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC to withdraw many products from November 30

Among the retail products that would be closed are some of LIC's best sellers such as Jeevan Anand, Jeevan Umang, Jeevan...

4 Nov 2019 1:03 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Q2 earnings, macro data key for markets this week: Analysts

With no major events due this week, market will focus on the next leg of corporate result announcements, said Vinod Nair...

3 Nov 2019 5:08 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti Suzuki 'cautiously optimistic' over sales prospect in coming...

Maruti Suzuki said it would take at least few more months to get clarity if the industry is finally on a revival path.

3 Nov 2019 5:01 PM IST

Thomas Cook India Group. (Photo: Twitter)

Thomas Cook India not part of brand's global sale to China's Fosun:...

The brand for India, Sri Lanka and Mauritius and continues to be protected for exclusive use by Thomas Cook India Ltd.

3 Nov 2019 4:53 PM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Telco bailout will be contempt of SC; will set bad precedent: Jio to...

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said...

3 Nov 2019 1:23 PM IST

The MYT regulations will form the framework of the petitions to be filed by the discoms.

Power gencos' outstanding dues on discoms rise 37 pc to Rs 70,000 cr...

Distribution companies owed Rs 50,583 crore to power generation companies in September 2018, according to PRAAPTI.

3 Nov 2019 12:11 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

Eight of top-10 firms add Rs 1.34 lakh cr in m-cap; TCS leads

RIL, HUL, HDFC, ITC, Infosys, HDFC Bank and SBI were the other firms which witnessed a rally in their market...

3 Nov 2019 11:22 AM IST

We have agreed to co-operate on climate protection and green urban mobility and have earmarked 1 billion euros towards this, German Chancellor Angela Merkel said in New Delhi on Saturday. (Photo: File | AP)

Germany to invest 1 billion euros for green urban mobility in India

It would be a good idea to replace diesel buses in Delhi with electric buses, said German Chancellor Angela Merkel.

2 Nov 2019 4:00 PM IST

Fosun buys Thomas Cook brand for 11 million pounds

Thomas Cook declared bankruptcy in September after an attempt to secure USD 250 million from private investors fell...

2 Nov 2019 1:52 PM IST

Reserve Bank of India (RBI)

RBI revamps departments for effective supervision, regulation of...

Reserve Bank had separate departments for supervisory, regulatory functions which were integrated into two unified...

2 Nov 2019 12:27 PM IST

Shares of Yes Bank jumped 35 per cent before closing with gains of 24 per cent after the lender informed the exchanges that it has received a $1.2 billion binding offer (around Rs 8500 crore) from a global investor. The bank is yet to consider the offer, it said.

USD 3 billion offer on table: Yes Bank

Yes Bank is in discussions to raise USD 1.6 billion from six global private equity funds and two domestic mutual funds.

2 Nov 2019 12:16 PM IST