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 »
Mahindra Finance announced its audited financial results for the quarter ended March 2019. Mahindra Finance has seen a stellar growth of 87% in net profit to Rs 588 crores... Read more »
Indiabulls Group chairman has said that the company is looking to divest the real estate business, its proposed merger of Indiabulls Housing Finance Ltd with Lakhsmi Vilas Bank. The promoters are... Read more »
The risk of over-leveraging in the microfinance sector has risen owing to the changing landscape of the sector, varying interpretation of the RBI guidelines as well as some gaps in the... Read more »
Diversified group ITC Ltd has moved the Mumbai Bench of the National Company Law Tribunal (NCLT) against luxury hospitality group Hotel Leelaventure Ltd, alleging oppression and mismanagement. ITC has... Read more »
Oil had longer gains after rising to a six-month high Monday as the Trump administration said it will no longer give any country a pass on sanctions barring purchases of... Read more »
Global buyout major Blackstone Monday has said it would acquire a majority 51 percent stake in the troubled Essel group arm Essel Propack for over USD 460 million or... Read more »
The D&B Business Optimism Index is widely recognised as an indicator, which measures the growth of the business community and serves as a reliable benchmark for investors. The index... Read more »
As the global economic axis moves firmly towards Asia, with the vast chunk of global GDP being generated out of the countries of this continent, we find that only a... Read more »
Former prime minister Manmohan Singh on Saturday said the Congress’ ‘Nyay’ minimum income guarantee scheme will not generate any new taxes and help restart the “economic engine” which has... Read more »