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  3. fe bureau

FE Bureau

Indian Overseas Bank, IOB, profitability, industry news, banking sector, banking news
Indian Overseas Bank says on track to report profitability

Speaking to reporters over the ongoing ideation process by the PSBs, especially in Tamil Nadu, Karnam Sekar, MD & CEO…

By FE Bureau
August 23, 2019 02:12 IST
money, Loan growth, moderation, Loan, HDFC Bank, BOB, bank of baroda, corporate loans, PSU bank
Your money: Loan growth showing signs of moderation

Loan growth for the industry has declined to 12% in 1QFY20 compared to 15% last quarter due to deceleration in…

By FE Bureau
August 23, 2019 02:08 IST
biscuit, bike, economic slowdown, capex, capex  plan, economy news, Parle, Parle job cut, Parle biscuit, Britannia, FMCG, Hindustan Unilever, HUL,  GST rate, auto sector, job loss
From biscuits to bikes, companies are battling slowdown due to weak demand

On Wednesday, Parle Products, a leading domestic biscuit maker, said that it might lay off up to 10,000 workers as…

By FE Bureau
August 22, 2019 06:33 IST
SEBI board meet, FPI, FPI investor, market news, SEBI, RBI, reserbe bank of india
SEBI board meet: Regulatory norms for FPIs tweaked

Foreign investors have sold Indian equities to the tune of $3.2 billion since July 2019, following the new tax regime…

By FE Bureau
August 22, 2019 06:27 IST
Ministry of Corporate Affairs, MCA, economy news, merger, merger dates, company, acquisition 
MCA issues clarification on firms’ merger date

The circular clarified that the term “appointed date” used in Section 232(6) shall be deemed to be the “acquisition date”…

By FE Bureau
August 22, 2019 06:18 IST
RBI, RBI governor, Shaktikanta Das, Growth, inflation, GDP, Credit growth, headwing, bloomberg forum
Growth, inflation trends demand fresh approach: RBI governor Shaktikanta Das

External member Chetan Ghate wrote that fiscal imbalances embodied in the large public sector borrowing requirement — roughly 8-9% of…

By FE Bureau
Updated: August 22, 2019 07:05 IST
payroll, EPFO, Employee Provident Fund Organisation, economy news, ESIC, 
EPFO net payroll additions surge 43% in June

As per the EPFO data, the highest percentage rise was in the age brackets of above 26 years with month-on-month…

By FE Bureau
Updated: August 22, 2019 07:04 IST
rooftop solar, solar energy, discom, renewable energy, discom role, rooftop solar power plant, rooftop solar system, rooftop solar panel
Rooftop solar: Centre for greater discom role in achieving targets

The government, in February, had approved the second phase of the “grid-connected rooftop and small solar power plants programme” for…

By FE Bureau
Updated: August 22, 2019 07:02 IST
Income tax disputes: Revised limit to be applicable to pending cases

Last year, the board had raised the monetary limit for appeal in tribunal to Rs 20 lakh from Rs 10…

By FE Bureau
Updated: August 22, 2019 07:08 IST
Amazon, biggest global campus, Amazon India, Amazon campus, hyderabad, industry news, Amazon prime, Amazon sale, alexa
Amazon opens biggest global campus in India, can accommodate 15,000

E-commerce major Amazon on Wednesday opened its largest campus in Hyderabad outside of the US facility. Spread across 9.5 acres…

By FE Bureau
August 22, 2019 05:24 IST
Maruti XL6,  Maruti XL6 launch, Maruti launches XL6, maruti suzuki xl6, maruti share, maruti suzuki xl6 nexa, maruti swift, automobile industry, jobe loss, auto sector
Maruti launches XL6; warns of more job cuts if demand remains poor

The company on Wednesday launched its six-seater MPV XL6 at a price range of Rs 9.79 lakh to Rs 11.45…

By FE Bureau
August 22, 2019 05:21 IST
IBC changes, realtor, NCLT, homebuyer, Insolvency and Bankruptcy Code, corporate affairs, operational creditor, Injeti Sriniva
NCLAT directs CoC to finalise resolution plan for Dighi Port in 3 weeks

In February 2019, the CoC led by Bank of India had approved the resolution plan submitted by the stated-owned JNPT…

By FE Bureau
August 22, 2019 05:17 IST
Air India, Jet Airways, industry news, National carrier, jet airways news, jet airways stock, jet airways crisis
Netherlands court threatens to sell Jet Airways assets

The NCLAT said it would consider similar treatment for creditors of foreign countries as financial creditors and could allow cost…

By FE Bureau
Updated: August 22, 2019 07:01 IST
Deepinder Goyal, Zomato, restaurant, Zomato india, Zomato delivery, Zomato gold, Zomato login, zomato protest
Zomato promises to address restaurant partners’ concerns on discounting

Goyal said Zomato has put a minimum floor on gold membership fee and will not sell the subscription programme for…

By FE Bureau
August 22, 2019 04:56 IST
Sriram City Union Finance, NCD, NBFC, MSME, MSME financiang, industry news
Sriram City Union Finance to raise Rs 900 crore via NCDs

The NCDs have been rated ‘AA+’ (stable) by Care ratings and ‘AA’ (stable) by Crisil. The base issue size is…

By FE Bureau
August 22, 2019 04:53 IST
Ulip, ULIPs, new age Ulips, 4th Generation ULIPs, mis-sold insurance, missold insurance, life insurance, guaranteed returns on life insurance, guaranteed returns on investment, term insurance with return of premium, best life insurance plans, life insurance, insurance cover, adequate insurance cover, amount of term insurance, earning life, earning replacement, savings, investment, traditional life insurance, How to choose a best term insurance policy, insurance, wealth creation, Ulip returns, Unit Linked Insurance Plan, best Ulips
Nippon Life becomes largest RNAM shareholder after Reliance Capital exit

As per the share purchase agreement, Reliance Capital, which has been monetising its assets to get through troubled times, will…

By FE Bureau
Updated: August 22, 2019 06:58 IST
Sebi, Amfi, mutual fund, ICA, market news,  Securities and Exchange Board of India, mutual funds, ICA
Sebi still weighing Amfi suggestion to allow mutual funds to sign ICA

In the absence of the market regulator’s green signal to MFs on signing ICAs, the Dewan Housing Finance Corporation resolution…

By FE Bureau
August 22, 2019 03:06 IST
Centre, MMDR Act amendment, MMDR Act, mine, FICCI, economy news, Mines and Minerals Development Regulation act
Centre to amend MMDR Act for speedy clearance for mines

Total peak rated capacity of all 46 blocks on offer will be 100 million tonne. Upadhyaya and Chaudhuri were at…

By FE Bureau
Updated: August 22, 2019 03:17 IST
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Latest News

CCI Relaxes Antitrust Timelines: Commitment Filing Window Extended to 60 Days

CCI set to tweak commitment rules by giving companies extra time to take corrective steps

openai

OpenAI eyes enterprise AI push in India

India Plans Isobutanol-Diesel Blending Mandate This Year to Reshape Energy Security

India may mandate isobutanol blending in diesel this year; impact bigger than petrol

India’s May Crude Oil Imports Surge to Record 5.04 mbd as Russian and Venezuelan Inflows Offset Middle East Drop

India’s crude imports jump 11% in May to post-war high; inventories rise 5.5%

RBI June MPC Preview: Status Quo Likely for Now as Crude Nears $100 Amid Global Turmoil

Hike in policy rates unlikely in June

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