Search Results for: equity and debt

Equity indices turn flat as Sensex, Nifty shed early gains

Shares of Indusind Bank surged 10 per cent following the private-sector lender's quarterly results after the bell on Monday.

Apr 28, 2020

Rags to riches and back, BR Shetty, NRI billionaire, until he wasn't

From rags to riches and back, the story of NRI billionaire Bavaguthu Raghuram Shetty might seem like just another one on the face of it, but there's a lot more untold and unspoken about the man who rose to fame, glory and amassed a fortune of $4.2 billion in 2018, according to Forbes. Here's unravelling the mysteries and the mistakes that led to the phenomenal rise and unbelievable fall of a sprawling empire into a debt trap.

Apr 27, 2020

What RBI's Special Liquidity Facility mean for the mutual funds industry?

The Covid-19 outbreak and the Franklin Templeton fund closure has necessitated RBI to step in and ease liquidity pressures on mutual funds by announcing Rs 50,000 crore Special Liquidity Facility.

Apr 27, 2020

RBI announces Rs 50,000 cr 'Special Liquidity Facility' for mutual funds: Key points

Under the SLF-MF, the RBI shall conduct repo operations of 90 days tenor at the fixed repo rate.

Apr 27, 2020

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Covid-19 lockdown: SAIL borrowing jumps to Rs 52,000 crore amidst no demand

The company has ordered to review all of its purchase orders and contracts including non-essential purchase orders are being advised to be ignored.

Apr 23, 2020

Here's a list of relaxation norms offered by SEBI to help investors tide over the Covid-19 crisis

In the wake of the Covid-19 crisis that has brought global economies to a standstill, SEBI offers relaxation in norms for corporates, investors, stakeholders and depositors by easing restrictions in compliance requirements and thus helping them stay afloat. Let's explore.

Apr 23, 2020

'US was the greatest economy. We were attacked. This was an attack': President Trump on Covid-19

Trump said that his administration is working closely with governors to ensure that they have the testing infrastructure in place to reduce further spread of the virus if they're so inclined to use the testing apparatus, including strategies for older individuals, low income Americans, minorities, and Native Americans.

Apr 23, 2020

Only a drunkard would accept these terms: Tanzania President cancels 'killer Chinese loan' worth $10 bn

China has often been accused of luring the poor African countries in its debt-trap by providing them loans for much-needed infrastructure projects and then control them when they fail to pay off their debts.

Apr 23, 2020

Facebook-Reliance Jio deal a 'game changer' for tech sector: What does this mean for India Inc?

Facebook has entered into a partnership with Reliance Jio to acquire a 9.99 percent minority stake for an investment of Rs 43,574 crore. What does this deal mean for India Inc.? Are we on the anvil of a bigger digital transformation?

Apr 22, 2020

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Here's why rupee may further slide to 80 per USD in near future

The recent trends in currency are also indicating tough days ahead for rupee ahead. The US dollar jumped to a two-week high against various currencies including the rupee.

Apr 22, 2020

Facebook-Jio deal worth Rs 43,574 crore, largest FDI in India's tech sector; read statement

Facebook announced an investment of USD 5.7 billion (Rs 43,574 crore) for acquiring a minority stake in Jio Platforms Ltd. Reliance, in a statement, said Facebook's investment will translate into a 9.99 per cent equity stake in Jio Platforms.

Apr 22, 2020

Meet the top three contenders, next in line for the HDFC Bank CEO throne

The process to select the successor of the bank's longest-serving CEO Aditya started in November last year whose tenure will end on 26th October this year.

Apr 19, 2020

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

Appreciating the work of the medical staff, police force and all others working during this pandemic crisis, the Reserve Bank has released its latest announcement on its assessment of the current economic situation.

Apr 17, 2020

Hobbled by coronavirus, China's first-quarter GDP shrinks for first time since 1992

China's economy shrank in the March quarter for the first time since current records began almost three decades ago, as the coronavirus shut down factories and shopping malls and put millions out of work.

Apr 17, 2020

Coronavirus impact: Global economy on track, could shrink by 3% in 2020, says IMF

The IMF, in its 2020 World Economic Outlook, predicted a partial rebound in 2021, with the world economy growing at a 5.8 per cent rate, but said its forecasts were marked by "extreme uncertainty" and that outcomes could be far worse, depending on the course of the pandemic.

Apr 15, 2020

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Search Results for: equity and debt

Equity indices turn flat as Sensex, Nifty shed early gains

Rags to riches and back, BR Shetty, NRI billionaire, until he wasn't

What RBI's Special Liquidity Facility mean for the mutual funds industry?

RBI announces Rs 50,000 cr 'Special Liquidity Facility' for mutual funds: Key points

Covid-19 lockdown: SAIL borrowing jumps to Rs 52,000 crore amidst no demand

Here's a list of relaxation norms offered by SEBI to help investors tide over the Covid-19 crisis

'US was the greatest economy. We were attacked. This was an attack': President Trump on Covid-19

Only a drunkard would accept these terms: Tanzania President cancels 'killer Chinese loan' worth $10 bn

Facebook-Reliance Jio deal a 'game changer' for tech sector: What does this mean for India Inc?

Here's why rupee may further slide to 80 per USD in near future

Facebook-Jio deal worth Rs 43,574 crore, largest FDI in India's tech sector; read statement

Meet the top three contenders, next in line for the HDFC Bank CEO throne

Liquidity boost, flow of credit: Full text of RBI's announcement on Covid-19 crisis

Hobbled by coronavirus, China's first-quarter GDP shrinks for first time since 1992

Coronavirus impact: Global economy on track, could shrink by 3% in 2020, says IMF

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]