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BCCI President Anurag Thakur

PMC Bank crisis 'eye opener', RBI looking into lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

30 Sept 2019 3:38 PM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon, Flipkart make record first-day festive sales in India

Amazon reported record sales of about 7.5 billion rupees (USD 7.07 million) in 36 hours in the premium smartphone brands...

30 Sept 2019 3:34 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi relaxes buyback rules for cos with housing finance, NBFC arms

The repurchase of shares by listed companies is governed by the Buyback Regulations of Sebi as well as the Companies...

30 Sept 2019 3:29 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

Current slowdown an opportunity to grow our books: Aditya Puri

HDFC Bank regularly has dealings with cooperative banks but did not have any dealing with PMC Bank.

30 Sept 2019 3:24 PM IST

Reserve Bank of India (RBI)

IAS Kshatrapati Shivaji front runner for RBI deputy governor post:...

Since December 2016, Kshatrapati Shivaji is working with the Asian Development Bank as an executive director.

30 Sept 2019 3:18 PM IST

The devastating news of seven students ending their lives after the announcement of the first and second year Inter results has put the scanner on the education system in India once again.

Educational players are disrupting industry and transforming the way...

Driving this disruption are new-age educational players who are teaching students practical skills and ensuring they...

30 Sept 2019 2:45 PM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

Top 15 banks that offer the lowest home loan interest rates

A home loan is termed a 'good' loan since it helps you own an actual property that gains value over the period of time.

30 Sept 2019 2:40 PM IST

Thomas Cook India Group. (Photo: Twitter)

Thomas Cook customers may face two-month delay for refunds: report

A total of 100,000 bookings made by direct debit would be refunded within the next 14 days.

30 Sept 2019 2:35 PM IST

C1 Indias project with CCL was awarded the e-India Award for excellence in e-Procurement in 2013.

C1 India in e-procurement solutions for businesses and govt portals

C1 India empowers clients across industries to automate the manual procurement process through technological expertise.

30 Sept 2019 1:31 PM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Crude oil futures up on positive domestic cues

Analysts said raising of bets by participants kept crude prices higher in futures trade.

30 Sept 2019 12:54 PM IST

Early this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance Ltd in a share-swap deal with an intent to create a combined entity with larger capital base and wider geographical reach.

Lakshmi Vilas Bank drops 5 pc to hit lower circuit

The bank's scrip declined 4.92 per cent to trade at Rs 34.75 apiece in afternoon deals on the BSE.

30 Sept 2019 12:46 PM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Shares of Reliance Capital dip 4.4 pc after stake sale in RNAM

The entire RNAM stake monetisation proceeds will be utilised to reduce Reliance Capital's outstanding debt.

30 Sept 2019 11:22 AM IST