Search Results for: financial crises

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

The idea of two publically-owned companies increasing their stake in IL&FS was muted on Tuesday at a meeting held under the chairmanship of Finance Minister Arun Jaitley

Sep 26, 2018

Yes Bank board asks RBI to extend Rana Kapoor's term as CEO till September 2019

After the RBI ordered that Rana's tenure will end on January 31 2019, Yes Bank's stock fell 39 per cent wiping out a staggering Rs 32,722 crore of the shareholder wealth since close on August 30.

Sep 26, 2018

Apple officially completes Shazam acquisition; on path to domination in music service

With the formalities complete, Apple's Shazam will have no more have ads on the music-recognition app.

Sep 26, 2018

Rs 5,000 crore bank fraud: All you need to know about fugitive Nitin Sandesara

CBI alleges that the company prepared false and fabricated documents and manipulated balance sheets to get loans which were diverted for personal use.

Sep 26, 2018

Wary finance ministry nudges RBI to tackle worsening credit crunch

Investors have been unnerved by credit concerns that have engulfed one of the biggest NBFC names in India - Infrastructure Leasing & Financial Services (IL&FS).

Sep 26, 2018

Need to trust banking system to drive India's economy, says finance minister Arun Jaitley

He noted that the perception regarding the health of PSBs had become more positive as banks had posted positive results in terms of resolution, recovery, provisioning and credit growth.

Sep 25, 2018

IBM to join hands with government bodies, public sector banks for agri solutions

The US-based company launched 'Watson decision platform for agriculture' globally Monday evening, eyeing the USD 2.4-trillion agriculture market.

Sep 25, 2018

Former content moderator sues Facebook over mental trauma

The company has said it was "reviewing" the lawsuit and took moderator support "seriously" and pointed to its existing assistance, including "in-house" psychological and wellness support.

Sep 25, 2018

Rafale deal: Why Dassault decided to partner with Anil Ambani's Reliance Defence

Dassault says they have been in talks with Anil Ambani after he took over the defence manufacturing firm from his brother Mukesh and the plan to collaborate on aerospace products was cemented during the Aero India air show in February 2015.

Sep 25, 2018

india, external trade, merchandise trade, india exports, imports, trade deficit, gold imports, engg imports, fiscal deficit, nirmala

India has potential to triple its intra-regional trade: World Bank report

Trade between India and Pakistan is a mere $2 billion -- which could be $37 billion -- without trade barriers, showed the report launched in partnership with Cuts International.

Sep 24, 2018

Heavy job cuts in telecom sectors; Reliance Jio comes to rescue

According to an estimate by Randstad India, telecom companies are likely to churn out around 50,000-75,000 employees in 2018. Additionally, other firms are estimating this number higher at around 90,000.

Sep 24, 2018

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

In the upcoming days, if Flipkart announces its new CEO at the group level, it will witness the fourth major change in leadership in as many years.

Sep 24, 2018

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

Revival of 45 bankrupt companies will recover more than Rs 50,000 crore: IBBI chairperson

About 1,100 companies have been admitted to the Corporate Insolvency Resolution Process (CIRP) since the implementation of the Insolvency and Bankruptcy Code (IBC) in 2016.

Sep 24, 2018

Govt to ensure liquidity in non-banking financial companies, says finance minister Jaitley

The Reserve Bank of India (RBI) and market regulator Sebi said on Sunday that they were closely monitoring the developments in the financial sector and were ready to take "appropriate actions" to calm the jittery investors.

Sep 24, 2018

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Search Results for: financial crises

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

Yes Bank board asks RBI to extend Rana Kapoor's term as CEO till September 2019

Apple officially completes Shazam acquisition; on path to domination in music service

Rs 5,000 crore bank fraud: All you need to know about fugitive Nitin Sandesara

Wary finance ministry nudges RBI to tackle worsening credit crunch

Need to trust banking system to drive India's economy, says finance minister Arun Jaitley

IBM to join hands with government bodies, public sector banks for agri solutions

Former content moderator sues Facebook over mental trauma

Rafale deal: Why Dassault decided to partner with Anil Ambani's Reliance Defence

India has potential to triple its intra-regional trade: World Bank report

Heavy job cuts in telecom sectors; Reliance Jio comes to rescue

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Revival of 45 bankrupt companies will recover more than Rs 50,000 crore: IBBI chairperson

Govt to ensure liquidity in non-banking financial companies, says finance minister Jaitley

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]