The Central Bureau of Investigation has arrested an Reserve Bank of India official and a JDS leader K C Veerendra, who is also a casino owner, in connection with separate cases relating to alleged illegal conversion of currency post-demonetisation.
Interest rate and tenure are not the only two factors to consider.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
A much-vacant mall in a sleepy industrial park is all that's left of the amount allegedly owed by Mangla Shree Properties against 0.2-mt sugar deliveries
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
'We are open to directing a Khiladi 2.' 'And we would want to do it with Akshay who is still so fit, energetic and successful.'
While Raghunathan is a named accused in the CBI's case registered in October last year, Nedungadi had resigned recently from the post of CFO of the UB group.
Indian banks have started experiencing the ripples of the US subprime crisis. While ICICI Bank is provisioning an additional $70 million (around Rs 280 crore) to cover its losses on exposure to credit derivatives, Bank of Baroda on Wednesday said it will provision an additional $2.50 million (around Rs 10 crore) for its investments in Credit Linked Notes.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
The third highest paid endorser after Virat Kohli and MS Dhoni, Sindhu is the highest paid among woman athletes and non-cricket sportspersons in the country, says Urvi Malvania.
The board of state-run Bank of Baroda has approved a proposal to return Rs 91.9 crore (Rs 919 million) of capital against recapitalisation bonds to the government, the National Stock Exchange said on Tuesday.\n\n\n\n
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The data show close to 72.5 million accounts have been opened till November 10 with an average 500,000 opened every day.
Piramal will join the JSW, Vedanta and Tata groups, which are bidding aggressively for distressed assets, especially in the infrastructure and steel sectors.
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.
The Enforcement Directorate, which continued its searches against Modi, Choksi and their companies for the fourth day on Sunday , is also moving to attach at least two dozen immovable properties under the Prevention of Money Laundering Act.
In a ruling in May, a UK high court judge had refused to overturn a worldwide order freezing Mallya's assets and upheld an Indian court's ruling that the consortium of 13 Indian banks were entitled to recover funds amounting to nearly 1.145 billion pounds.
Bank of Baroda on Monday cut its interest rates for loans upto Rs 50,000 for agriculture, SSI and other priority sectors.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Money managers have turned cautious about the technology space.
Upgradation to the new product (from Infosys) will stabilise by this month-end
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
The consortium led by SBI has also initiated the process of recovery.
The company has kicked off sale of infrastructure assets as well as sale of a part of the promoter holding in Zee to repay loans.
Bank of Baroda has decided to provide a 2 per cent interest subsidy on educational loans up to Rs 4 lakh (Rs 400,000) for higher studies.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Why doesn't anybody ask the PSU State Bank of India under RTI on how much they are spending on legal fees trying to recover money from me in the UK when I have offered 100 per cent payback in India, asked Mallya.
A look at the top 10 purchases at the IPL auction.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
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