The Supreme Court today set aside the Union Government’s decision to merge National Spot Exchange Ltd (NSEL) with Financial Technologies India Ltd (FTIL), now 63 Moon Technologies Ltd. NSEL, which was promoted... Read more »
Yes Bank shares are currently at Rs 174.35, down by 26.60%. Shares of Yes Bank plunged 27 percent in the early trade on April 30 after company reported weak set of... Read more »
The Indian Chamber of Commerce Thursday said it has prodded the US government to take a long-term decision on business ties with India, citing key instances like withdrawal of... Read more »
The Supreme Court has asked the Reserve Bank of India (RBI) to reveal certain information regarding annual inspection reports of private banks and non-performing assets under Right to Information... Read more »
Tata Steel, India’s largest private sector steel producer, reported an 84% drop in fiscal fourth quarter consolidated net profit mainly because the year-earlier profit was boosted by a one-time... Read more »
The Reserve Bank of India’s announcement of new open market purchases of government bonds is a sign the central bank is using great efforts to increase the economic impact... Read more »
Maruti Suzuki India, the country’s largest car maker, has reported 2.91 per cent year-on-year decline in its consolidated profit after tax (PAT) at Rs 7,650.60 crore for the full... Read more »
Three NBFCs, Indiabulls Housing Finance Limited, Industrial Finance Corporation of India Limited and PNB Housing Finance Limited, have come under the scanner for allowing an important provision in the... Read more »
Even as its petition is pending at the National Company Law Tribunal (NCLAT) have asked for review of the ban on banks classifying the IL&FS accounts as non-performing assets... Read more »
The Reserve Bank of India has recently exited the National Housing Bank (NHB) and the National Bank for Agriculture & Rural Development (Nabard), divesting its entire stakes to government... Read more »