Search Results for: insurance companies

Who is Mohammed Mansoor Khan? The fraud behind Bengaluru's infamous IMA Ponzi scam

IMA was established in 2006 after Mohammed Mansoor Khan left his life in the Middle East to find his haven in the Silicon Valley of India.

Jun 11, 2019

J&K Bank chairman Parvez Ahmad gave loans to please politicians, appointed relatives for top posts

J&K Bank chairman Parvez Ahmad was removed after the police investigation revealed his involvement in nepotism and fraud deals.

Jun 10, 2019

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

Ballooning IL&FS and DHFL crises drove mutual funds to reduce exposure to NBFCs in a big way since September sapping liquidity from shadow banks.

Jun 10, 2019

A week for stock specific action while market searches for new direction

Indices are back on even keel after exit poll results triggered a choppy ride to hit record highs twice; market may remain rangebound as no new data expected.

Jun 9, 2019

IBM slashes 2,000 employees in US amid major restructuring plan

The growing trend of artificial intelligence (AI) and machine learning (ML) is resulting in massive job cuts. The boom of technological advancements is bringing more unemployment to society.

Jun 9, 2019

Trump calls off plans to impose tariffs on Mexico after deal on migration

The agreement announced on Friday followed three days of negotiations in Washington.

Jun 8, 2019

Relief for lenders as RBI relaxes stressed asset guidelines

A circular issued in February last year required banks to initiate a resolution process as soon as a default took place.

Jun 8, 2019

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

The investigation team found a document in the email server of IL&FS prepared by the DHS Engagement team identifying the funding of borrowers for paying principal and interest.

Jun 8, 2019

Scooter rental start-up Vogo raises Rs 25 crore debt fund from Alteria Capital

Alteria is India's largest venture debt fund focused on innovative startups backed by strong VC sponsors. It provides debt funding in the range of Rs 5 crore to Rs 100 crore to venture-backed companies.

Jun 8, 2019

Mark Zukerberg announces Facebook Dating

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

Facebook plans to make the cryptocurrency transferrable with zero fees via Facebook products including Messenger and WhatsApp.

Jun 8, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Public confidence in mutual funds take a beating and inflows taper with imminent payouts facing uncertainty; NBFCs face soaring finance costs triggering liquidity crunch.

Jun 7, 2019

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

As Wipro chairman has announced his decision to step down from office, Murthy recalls that the rejection at their first meeting goaded him on to start his entrepreneurial journey earlier than planned

Jun 7, 2019

Google buys Looker in Thomas Kurian's 1st acquisition in cloud-computing business

Looker is an American data exploration and business intelligence platform founded in 2012, employing about 800 people. It had a market value of $1.6 billion in 2018.

Jun 7, 2019

Ola, Uber to have 40% electric fleet by 2026?

India has been pushing forward the idea of having electric vehicles for public transport to meet its commitment to the Paris Agreement.

Jun 7, 2019

Azim Premji to step down as Wipro chairman, hand over charge to elder son Rishad on July 30

Wipro gained on National Stock Exchange (NSE) in early trade by going up to a hight of Rs 294.50 after opening at Rs 292.50 tracking the gain in the sector Nifty IT index.

Jun 7, 2019

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Search Results for: insurance companies

Who is Mohammed Mansoor Khan? The fraud behind Bengaluru's infamous IMA Ponzi scam

J&K Bank chairman Parvez Ahmad gave loans to please politicians, appointed relatives for top posts

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

A week for stock specific action while market searches for new direction

IBM slashes 2,000 employees in US amid major restructuring plan

Trump calls off plans to impose tariffs on Mexico after deal on migration

Relief for lenders as RBI relaxes stressed asset guidelines

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

Scooter rental start-up Vogo raises Rs 25 crore debt fund from Alteria Capital

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Narayana Murthy is thankful to Azim Premji for a Wipro job interview rejection

Google buys Looker in Thomas Kurian's 1st acquisition in cloud-computing business

Ola, Uber to have 40% electric fleet by 2026?

Azim Premji to step down as Wipro chairman, hand over charge to elder son Rishad on July 30

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]