Search Results for: retail investors

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions.

Mar 12, 2020

Stock markets bleeds: Sensex crashes 2,700 points, Nifty below 10,000 mark amid Covid-19 fears

The US S&P 500 futures slipped as much as 4.9 per cent, a day after losing 4.89 per cent, putting the index firmly in a bear market territory for the first time since the 2008 global economic crisis.

Mar 12, 2020

Yes Bank enables inward IMPS, NEFT transactions; customers can now pay dues

In a tweet, Yes Bank said the customers can pay their credit card dues and loan from other bank accounts using the two wire transfer services.

Mar 10, 2020

Two Amazon employees tested positive for COVID-19

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday, March 10 how the global coronavirus epidemic was extending its reach into all aspects of social and economic life.

Mar 10, 2020

Mayhem at Dalaal Street: Here what dragged indices on stock market

The cumulative market capitalization on BSE tanked to Rs 137.46 lakh crore today vis-a-vis Friday's close of Rs 144.31 lakh crore amid an intensifying rout in global stocks.

Mar 9, 2020

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Oil prices plunged around 25%, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.

Mar 9, 2020

Aramco trades below IPO price for first time, after OPEC pact unravels

Shares of Saudi state oil company Aramco 2222.SE fell below their initial public offering (IPO) price on Sunday, March 8 for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.

Mar 8, 2020

Founder and former managing director of Yes Bank Ltd, Rana Kapoor

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

An RBI moratorium was the last resort to ensure Yes Bank lives through its crisis of deteriorating financial health and a huge pile of bad credits, while State Bank of India stepped in to save the bank by suggesting schemes of reconstruction or amalgamation.

Mar 7, 2020

SBI keen to acquire 49% stakes in Yes Bank: How much will it cost?

SBI Chairman Rajnish Kumar told reporters at a press conference today that the rescue of Yes Bank was a "must," less than two days after the RBI took control of the capital-starved bank.

Mar 7, 2020

Have an account with Yes Bank? Here's what you can do

Retail depositors with their money with Yes Bank across the country are in a state of panic and have been withdrawing money as much as they can.

Mar 6, 2020

SBI chief meets FM Sitharaman over Yes Bank crisis: 'Will take a call after RBI plan is in'

Following the meeting, the SBI chairman assured the depositors that the interest of Yes Bank depositors will be protected and there is no need to panic.

Mar 6, 2020

Yes Bank shares plunge over 70% after RBI caps withdrawals, SBI demands suspension of trading

The State Bank of India, which gave "in-principal" nod to buy a stake in the beleaguered private lender, demanded that trading of Yes Bank's shares should be suspended till the announcement of formal restructuring by the Reserve Bank of India.

Mar 6, 2020

Yes Bank turns 'No' Bank: RBI takes over board, withdrawals capped at ₹ 50,000; SBI approves investment

A notification issued by the finance ministry on March 5 stayed that the "commencement or continuance of all actions and proceedings" against the bank. The withdrawal limits will remain in effect until April 3, 2020.

Mar 6, 2020

NRI accuses Shilpa Shetty, husband Raj Kundra of cheating in 'gold scam'

A Non-Resident Indian businessman, currently in Mumbai, Sachiin J. Joshi has claimed in a police complaint that he was reportedly lured and then cheated by SGPL's 'Satyug Gold Scheme', launched around 2014.

Mar 5, 2020

Vistara considering a bid for Air India, says chairman Bhaskar Bhat

Vistara, a joint venture between India's Tata Group and Singapore Airlines, is considering a bid for the government's stake in state-run carrier Air India.

Mar 3, 2020

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Search Results for: retail investors

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Stock markets bleeds: Sensex crashes 2,700 points, Nifty below 10,000 mark amid Covid-19 fears

Yes Bank enables inward IMPS, NEFT transactions; customers can now pay dues

Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads

Mayhem at Dalaal Street: Here what dragged indices on stock market

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Aramco trades below IPO price for first time, after OPEC pact unravels

Yes Bank crisis explained: What led to the downfall of India's fifth largest private lender?

SBI keen to acquire 49% stakes in Yes Bank: How much will it cost?

Have an account with Yes Bank? Here's what you can do

SBI chief meets FM Sitharaman over Yes Bank crisis: 'Will take a call after RBI plan is in'

Yes Bank shares plunge over 70% after RBI caps withdrawals, SBI demands suspension of trading

Yes Bank turns 'No' Bank: RBI takes over board, withdrawals capped at ₹ 50,000; SBI approves investment

NRI accuses Shilpa Shetty, husband Raj Kundra of cheating in 'gold scam'

Vistara considering a bid for Air India, says chairman Bhaskar Bhat

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]