Tata Consultancy Services on Monday crossed the Reliance Industries to become the most valued firm by market valuation. Nearing trade, the market capitalisation (m-cap) of TCS was at Rs... Read more »
The system-wide non-performing assets stock has fell starkly to 9.3 percent in March 2019, more rapidly than the Reserve Bank’s estimate and far down from 11.5 percent the year... Read more »
State-owned lender Central Bank of India (CBI) is plans to raise capital up to Rs 5,000 crore in the financial year 2019-20 through various modes, including rights issue and... Read more »
With regards to frauds in the banking sector to absence of effective controls, RBI Governor Shaktikanta Das Saturday said focus of the central bank in the upcoming months will... Read more »
Anil Ambani-led Reliance Power, the power generation and coal resources company, on Saturday recorded a net loss of Rs 2,951.82 crore for the financial year 2018-19 as against net... Read more »
Latest data has revealed that unicorns surpass other technology companies when it comes to acquisitions in the country, reported LiveMint. A study by Tracxn, a technology data tracker, shows that... Read more »
The long-running fraudulent activities at crisis-ridden IL&FS could have been revealed way back in 2017, but for a cover-up job done by the top management in connivance with the... Read more »
The Serious Fraud Investigation Office (SFIO) which was investigating the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) group has observed lapses in 13 loans worth around Rs 1,080 crore... Read more »
The Indiabulls Group plans to exit its real estate business so that it can get regulatory approvals for the proposed merger of Indiabulls Housing Finance with the Lakshmi Vilas... Read more »
Jeff Bezos led ecommerce giant Amazon has pumped in Rs 2,800 crore in its India unit, Amazon Seller Services, in the first tranche of capital infusion in this calendar... Read more »