Search Results for: financial sector

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

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

Amazon, Alexa, Echo Plus, Echo Dot, Echo Sub

After conquering Hinglish, Alexa to begin talking in faultless Hindi

India is a key market for Amazon. The smart speakers market in the country, like Echo, saw a 59 per cent share in 2018 while Google Home had a 39 per cent unit share.

Jun 7, 2019

Virat Kohli fined by Gurugram Municipal Corporatoin for using drinking water to wash cars

A fine of Rs 500 has been imposed on the India captain for excessive and wasteful use of water after some officials visited his residence.

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

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Market cracks as RBI fails to go beyond the expected 25 bps repo rate cut

Third successive rate reduction takes repo rate to lowest in nine years at 5.75%; change in monetary policy stance to 'accommodative' removes imminent rate rise fears but the street wants more.

Jun 6, 2019

56-tonne bridge in Russia goes missing without a trace; villagers left puzzled

The section of the bridge which was stolen had connected the villages of Aikuven and Lovozero over the Umba River.

Jun 6, 2019

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

NAVs plummet up to 57% for mutual funds with substantial exposure to DHFL paper that rating agencies downgraded to 'default'; exposure of some funds may have exceeded the Sebi-mandated 10%.

Jun 6, 2019

Failing bridges: Mollywood actress narrowly escapes after concrete piece from Kochi metro fall on moving car

Archana Kavi has already urged Kerala Police and Kochi Metro officials to look into this matter very seriously

Jun 6, 2019

RBI cuts repo rate by 25 basis points to 5.75%, bank loans to be cheaper

The Reserve Bank of India's Monetary Policy Committee today announced its decision to slash the repo rate to 5.75 per cent from 6 per cent.

Jun 6, 2019

Can Article 35A, inserted by Presidential Order, be struck down?

Article 35A gives the Jammu and Kashmir Legislature the right to decide who all are "permanent residents" of the state.

Jun 6, 2019

World Bank retains India's growth rate for fiscal 2020 at 7.5%

In the next three years, India's growth rate will be supported by robust investment and private consumption.

Jun 5, 2019

CRZ 2019: "When the perpetrators are govt owned, who do we complain to?"

The Coastal Regulation Zone (CRZ) Notification 2019 does more harm than good to ecologically sensitive regions like Ennore.

Jun 5, 2019

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Search Results for: financial sector

Relief for lenders as RBI relaxes stressed asset guidelines

Auditor emails reveal Deloitte knew of loan evergreening in ILFS

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

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

After conquering Hinglish, Alexa to begin talking in faultless Hindi

Virat Kohli fined by Gurugram Municipal Corporatoin for using drinking water to wash cars

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

Market cracks as RBI fails to go beyond the expected 25 bps repo rate cut

56-tonne bridge in Russia goes missing without a trace; villagers left puzzled

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

Failing bridges: Mollywood actress narrowly escapes after concrete piece from Kochi metro fall on moving car

RBI cuts repo rate by 25 basis points to 5.75%, bank loans to be cheaper

Can Article 35A, inserted by Presidential Order, be struck down?

World Bank retains India's growth rate for fiscal 2020 at 7.5%

CRZ 2019: "When the perpetrators are govt owned, who do we complain to?"

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]