Overseas investors have infused a net sum of Rs 8,634 crore into the Indian capital markets in the first five trading sessions of April, mainly due to positive market sentiment. According to... Read more »
Lakshmi Vilas Bank-Indiabulls Housing Finance merger has been approved by Board. The proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance will create a much stronger entity. The Reserve Bank of... Read more »
India has shared a list of 380 products including horticulture, textiles, chemicals and pharmaceuticals with China as their shipments hold huge export potential in the neighbouring country, an official said. Increasing exports... Read more »
Global rating agency Fitch Ratings on Thursday kept India’s sovereign rating unchanged at the lowest investment grade of ‘BBB-’ with a stable outlook. This is the 13th year in a row that... Read more »
Motilal Oswal Real Estate (MORE) on Thursday released the second close of its India Realty Excellence Fund IV (IREF IV). The fourth real estate fund closed after raising `850 crore, which was... Read more »
The flagship lending unit of Infrastructure Leasing & Financial Services Ltd (IL&FS) has 90 per cent of non-performing loans, a company executive said on Wednesday, as the current management tries to recover... Read more »
The Monetary Policy Committee (MPC) held its first bi-monthly policy statement meeting today. The meeting discussed various current and impending macroeconomics situations. The committee decided to reduce the policy repo rate under the liquidity... Read more »
Paytm Payments Bank Limited (PPBL), the country’s largest payments bank, is looking to ramp up its savings bank customer base to 10 crore over the next one year, a top official said.... Read more »
Textiles giant Raymond Group on Wednesday has decided to venture into real estate. They will launch a 3.3 million square feet residential project in Thane at a time when the sector is going through... Read more »
India must be geared up to receive low rainfall. According to a private forecaster Skymet Weather, this year’s South-West Monsoon (June-September) is likely to be ‘below normal’, at around 93 per cent... Read more »