Search Results for: non-banking financial companies

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Modi govt drags Deloitte, KPMG affiliate BSR to NCLT; seeks 5-year ban

The two firms won't be allowed to audit any listed or unlisted company, including banks and non-banking financial companies (NBFCs), for five years if the proposed punishment is accepted by the NCTL.

Jun 11, 2019

IMA scam similar to Ambidant, over 9,000 investors lured with 'halal investments'

IMA and Ambidant lured investors in the name of Islamic banking and halal investments, which is permissible by the laws of Islam (Sharia laws).

Jun 11, 2019

Does Sitharaman's 'surgical strike' show PM Modi's displeasure over Jaitley's term?

Poll-bound PM Modi's worst headaches were the departments under the finance ministry that churned out contradictory data on the state of the economy exposing the government to relentless opposition fire.

Jun 11, 2019

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

india wind power tariff, india wind energy, india solar energy, solar parks in india, re projects, piyush goyal, modi govt, india news

Debt-ridden Suzlon faces loan repayment default even as shares nosedive

Suzlon's losses have increased from Rs 384 crore in 2018 to Rs 1537 crore in 2019. The company has a debt of about Rs 11,141 crore.

Jun 11, 2019

IMA fraud: How do you find out if an investment plan is really a Ponzi scheme?

Ponzi schemes are characterised by the paying of 'profit' or returns to subscribers from money collected from later subscribers and the business will collapse when the addition of new clients tapers off.

Jun 11, 2019

J&K Bank scam: Srinagar Deputy Mayor's office raided; ex-PDP ministers under scanner?

The case of fake appointments of relationship executives in the bank is particularly being probed which may lead to a crackdown on several ex-ministers who served in former Chief Minister Mehbooba Mufti's cabinet.

Jun 11, 2019

Pakistan shut down 13 terror camps in PoK to avoid being being blacklisted at FATF?

Pakistan government is trying hard to stabilise its worsening economy and action against terror camps seems to be the only plausible way

Jun 11, 2019

NSE IPO, national stock exchange ipo, NSE Mumbai, stock market india

TCS overtakes IBM in market capitalisation

As of Monday's closing, the market cap of TCS stood at Rs 8.36 lakh crore on NSE whereas IBM was stable at Rs 8.31 lakh crore.

Jun 11, 2019

China exports grow 1.1% despite US tariffs, but import slump most in 3 years

It was estimated that China will report a fall in exports by 3.8%, keeping in mind the slowdown in the economy by 2.7% in April.

Jun 10, 2019

Yes Bank gets another blow; former MD and CEO Ajai Kumar quits board

The shares of YES Bank closed 2.89 per cent down at Rs 135.90.

Jun 10, 2019

Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin

The fate of Jet Airways lenders rescue plan in the balance as several suppliers and operational creditors head to National Company Law Tribunal to initiate proceedings under Insolvency and Bankruptcy Code.

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

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Search Results for: non-banking financial companies

Modi govt drags Deloitte, KPMG affiliate BSR to NCLT; seeks 5-year ban

IMA scam similar to Ambidant, over 9,000 investors lured with 'halal investments'

Does Sitharaman's 'surgical strike' show PM Modi's displeasure over Jaitley's term?

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

Debt-ridden Suzlon faces loan repayment default even as shares nosedive

IMA fraud: How do you find out if an investment plan is really a Ponzi scheme?

J&K Bank scam: Srinagar Deputy Mayor's office raided; ex-PDP ministers under scanner?

Pakistan shut down 13 terror camps in PoK to avoid being being blacklisted at FATF?

TCS overtakes IBM in market capitalisation

China exports grow 1.1% despite US tariffs, but import slump most in 3 years

Yes Bank gets another blow; former MD and CEO Ajai Kumar quits board

Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin

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

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]