Search Results for: FDI norms

Gross NPAs to come down to 8% by end of FY20: CRISIL report

The report said that NPAs in public sector banks, which account for more than 80% of NPAs are expected to register a fall over 400 bps to around 10.6 percent by March 2020 from a peak level of 14.6 percent in March 2018.

Jun 26, 2019

Visa granted to spouses of H-IB Visa holders

US has no plans to cap H-1B work visa program: State Department

The United States had told India it was considering restricting the H-1B visa programs for countries with the data storage requirement.

Jun 21, 2019

Will Etihad buy Jet cheap under insolvency process leaving lenders high and dry?

Now that SBI-led lenders' consortium has decided to start bankruptcy proceedings against Jet Airways, UAE national carrier Etihad with 12% stake has a chance to drive a hard bargain.

Jun 18, 2019

After 10 soldiers killed in Kashmir in a week Amit Shah to visit Valley on June 30

After Amit Shah became union home minister, there have been 14 militant attacks in the Kashmir valley with several CRPF soldiers and Indian Army officers being killed.

Jun 18, 2019

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Digital India gets praise from UN panel for focusing on economic inclusion

UN secretary general-appointed panel co-chaired by Melinda Gates and Jack Ma mirrors PM Modi's push for an inclusive digital economy.

Jun 14, 2019

Zomato tests drone technology, aims to deliver food within 15 minutes of ordering

Zomato tested the drone in a remote site with the approval of the Director General of Civil Aviation (DGCA). The test was conducted within a delivery range of about 5 km with a flight load of 5 kg.

Jun 13, 2019

SFIO seeks investigation into RBI officials' alleged role in IL&FS collapse

Financial fraud watchdog asks RBI to investigate why warning bells about imminent IL&FS crash would go up to only a certain level in the hierarchy.

Jun 12, 2019

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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

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

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

'Kangana Ranaut was an actor on the sets of Mental Hai Kya', says director Prakash Kovelamudi

Director of Mental Hai Kya, Prakash Kovelamudi has rubbished the reports of he and Kangana Ranaut having differences on the sets of the film.

Jun 7, 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

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

Zomato announces better parental leave benefits to all staff including men, non-birth parents and LGBTs

Zomato delivers liberal parenthood norms but leaves field staff out in the cold

App-based food delivery firm introduces 26 weeks' parental leave for all employees but the plight of thousands of field staff remains unchanged

Jun 4, 2019

SFIO questions RBI's role in IL&FS crisis, recommends internal probe for 'appropriate action'

Regarded as the 'Lehmann moment of India', the IL&FS started defaulting on re-payment of loans last year and is reeling under a whopping Rs 90,000 crore debt.

Jun 3, 2019

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