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  Business   Companies  14 Oct 2019

Business, Companies, 14 Oct 2019

Govt mulls raising Rs 1 lakh default threshold for invoking IBC: Srinivas

The banks should be looking at other options for recovering loans before invoking the IBC, said Corp Affairs Secy Injeti Srinivas.

14 Oct 2019 10:18 PM

SBI re-enters top-10 most valued firms list; replaces Bajaj Finance

The bank had on October 1 lost its spot to Bajaj Finance in the coveted club of top-10 most valued domestic companies.

14 Oct 2019 9:54 PM

Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma

Paytm will consider getting listed on stock exchanges only after 2021 when the financial services company starts generating cash.

14 Oct 2019 8:38 PM

RBI raises PMC Bank customers' withdrawal limit to Rs 40,000

With this, about 77 per cent of the depositors will be able to withdraw their entire account balance, said RBI.

14 Oct 2019 7:56 PM

HDFC lowers lending rates by 10 bps to 8.25 per cent

The interest rate will range from 8.25 to 8.65 percent depending on the borrower.

14 Oct 2019 7:35 PM

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Walmart to expand footprint in UP, open 6 new stores

The new stores will be in addition to 4 existing stores the company operates in the state -- two in Agra and one each in Meerut and Lucknow.

14 Oct 2019 3:36 PM

Energy giant Total to buy 37 per cent stake in Adani Gas

Total is the third foreign oil major to enter India’s gas sector after BP Plc and Shell.

14 Oct 2019 3:29 PM

ONGC free to sell stake in HPCL: Pradhan

ONGC has only got one member on the board and virtually no say in the management.

14 Oct 2019 2:41 PM

NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW Steel

On September 5, NCLT had approved the JSW Steel's Rs 19,700 crore resolution plan for BPSL.

14 Oct 2019 1:13 PM

Infosys shares fall over 4 per cent after Q2 earnings

The company's revenue rose by 9.8 per cent to Rs 22,629 crore in the quarter under review from Rs 20,609 crore.

14 Oct 2019 11:18 AM

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IRCTC makes blockbuster debut; zooms over 101 pc in debut trade

The company's market valuation stood at Rs 10,972 crore in morning trade.

14 Oct 2019 10:54 AM

Total to buy 37.4 per cent stake in Adani Gas

The announcement comes a year after the two firms announced a 50:50 joint venture to import and retail natural gas.

14 Oct 2019 9:54 AM

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