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  3. fe bureau

FE Bureau

Bank, RBI, director general, MK Jain, industry news, Ficci, Reserve Bank of India, bank fraud, RBI governor, RBI repo rate
Banks’ compliance culture far from satisfactory: RBI director-general MK Jain

The two-day event concluded on Tuesday. He further added that since the global financial crisis in 2008 to 2020, penalties and…

By FE Bureau
August 21, 2019 03:08 IST
SBI, State Bank of India, SBI Life, SBI Life MD, Arijit Basu, NBFC, SBI
SBI in talks with NBFCs on co-origination of loans

The central bank had released guidelines on co-origination of loans by banks and NBFCs to the priority sector last year…

By FE Bureau
Updated: August 21, 2019 06:56 IST
RBI deputy governor, NS Vishwanathan, RBI, industry news, banking news, Ficci, Federation of Indian Chambers of Commerce & Industry, Indian Banks’ Association, IBA, 
Banks now have greater flexibility to resolve stressed assets, says RBI deputy governor NS Vishwanathan

The Basel Committee had resolved that the loss-absorbing capacity of banks should be increased and a capital conservation buffer be…

By FE Bureau
August 21, 2019 03:03 IST
Supreme Court, Oxytocin issue, Oxytocin, industry news, Oxytocin uses, Oxytocin hormone, Oxytocin action
IBC amendments: Supreme Court seeks government response on pleas

This amendment in effect overrules the National Company Law Appellate Tribunal’s judgement in the Essar Steel case, which struck parity…

By FE Bureau
Updated: August 21, 2019 07:20 IST
house, PMAY, Pradhan Mantri Awas Yojana, Awas Yojana, MoHUA, economy news, National Real Estate Development Council
Modi govt expects to meet 1.2 crore houses target under PMAY

Speaking to reporters on sidelines of the event, he said there are around 48-50 lakh houses which are currently grounded…

By FE Bureau
Updated: August 21, 2019 06:59 IST
UBI, DHFL, DHFL resolution, DHFL share, DHFL  news, DHFL nse, industry news, Ficci, Union Bank of India
UBI: Current DHFL resolution plan best under circumstances

The resolution process in the case of DHFL is a complex one as it is the first financial company being…

By FE Bureau
August 21, 2019 02:03 IST
General insurer, insurance company,  New India Assurance, Bajaj Allianz General Insurance, SBI General Insurance, Tata AIG General Insurance, industry news, ICICI Lombard 
General insurers report 13 pct premium growth in April-July

Among the 25 general insurers, New India Assurance, Bajaj Allianz General Insurance, SBI General Insurance and Tata AIG General Insurance,…

By FE Bureau
August 21, 2019 02:01 IST
Mahindra Finance, Lankan firm, industry news, Ideal Finance, IFL, Mahindra & Mahindra
Mahindra Finance to acquire a majority stake in Lankan firm

The joint venture will capitalise on Mahindra Finance’s expertise in financial services and Ideal Finance’s domestic market knowledge to build…

By FE Bureau
August 21, 2019 01:53 IST
Government, tax panel, income tax, lower corporation tax, tax cut, DTC, DDT, Nirmala Sitharaman, Akhilesh Ranjan,Financial Intelligence Unit, FIU
Painless taxation: DTC panel proposes cut in income tax, corporation tax

The report and the draft law also contain suggestions on inter alia faceless assessment, litigation management, process simplification and sharing…

By FE Bureau
Updated: August 20, 2019 08:28 IST
More transmission, RBI, repo rate, loan rate, Shaktikanta Das,NBFC, economy news, rbi, IBA, ficci
Cheaper loans: RBI Governor Shaktikanta Das for linking lending rates to repo

The RBI governor was speaking at Fibac 2019, an annual event organised by the Federation of Indian Chambers of Commerce…

By FE Bureau
Updated: August 20, 2019 11:23 IST
Tax, Tax compliance, industry, revenue, Direct Tax Code, tax GDP ratio, GDP, tax revenue, CSR, financial express, financial express editorial
FM Nirmala Sitharaman promises cut in corporate income tax to 25%

As part of this drive, she visited Ahmedabad on August 16 and is planning to go to Varanasi next.  The…

By FE Bureau
Updated: August 20, 2019 11:18 IST
Monnet Ispat, NCLAT, operational creditors, IFCI, industry news
Monnet Ispat: NCLAT rules against operational creditors

A plea filed by Industrial Financial Corporation of India (IFCI), a financial creditor, against treating of its secured loans as…

By FE Bureau
August 20, 2019 06:19 IST
NTPC, ultra mega solar park, Gujarat, Rajasthan, NTPC share, industry news, solar power
NTPC to set up 5,000-MW ultra mega solar park in Gujarat, Rajasthan

NTPC is likely to sell around 60-70% of power produced on merchant sale basis and keep only around 30% on…

By FE Bureau
August 20, 2019 06:09 IST
risk, opportunity, multiple outcome, personal finance, money, bank, market, growth 
Ex-auditor Deloitte Haskins moves NCLAT against NCLT order

The NCLAT is likely to hear the pleas on Tuesday. The Mumbai bench of NCLT had on August 9 dismissed the…

By FE Bureau
August 20, 2019 06:04 IST
Brickwork, Essel Group, NCD, BBB-, rating, industry news, ZEEL, Zee Entertainment Enterprises
Brickwork downgrades Essel Group’s NCDs worth Rs 425 crores to ‘BBB-‘

Zee Entertainment Enterprises (ZEEL) promoters informed the stock exchanges on July 31, 2019, that Invesco Oppenheimer Developing Markets Fund (IODMF;…

By FE Bureau
August 20, 2019 05:54 IST
Ravinder Takkar, Vodafone Idea, MD, CEO, Balesh Sharma, industry news, VIL,Indian telecom industry
Ravinder Takkar takes over as Vodafone Idea new MD-CEO, Balesh Sharma calls it quits

Vodafone Idea’s financials remain stretched as the benefits of a merger are yet to flow through at the financial level.…

By FE Bureau
August 20, 2019 05:48 IST
Coal ministry, Coal ministry panel, Tamil Nadu power plant, power, economy news, Thermal Power Project, Khagra mine, NTPC
Coal ministry panel approves fuel supply to Tamil Nadu power plants

Although the North Chennai unit was originally scheduled to be commissioned in December 2019, it is now expected to be…

By FE Bureau
August 20, 2019 04:38 IST
WhatsApp,WhatsApp issue, Facebook, SC, petition, Aadhar, industry news, supreme court, WhatsApp traceability issue, social media
WhatsApp issue: Facebook moves SC for transfer of four petitions

Senior counsel Mukul Rohatgi, appearing for Facebook, argued that this mandatory linking of Aadhar or any other government authorised identity…

By FE Bureau
August 20, 2019 04:32 IST
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Latest News

Share market today, June 01

Markets end lower: Nifty closes below 23,400, Sensex tumbles 500 points; ITC slips 2%

South coast railway starts operations from today: Check routes, divisions, workforce and key details

South coast railway starts operations from today: Check routes, divisions, workforce and key details

Domestic LPG cylinder price hiked by Rs 29, now costs Rs 942 in Delhi

Commercial LPG prices hiked by Rs 42 in Delhi, Rs 53.5 in Kolkata; domestic rates unchanged

Harsh Goenka shares Swiss hotel notice for Indians amid viral garba video controversy

Harsh Goenka says Indians need better civic sense abroad, slams garba videos and airport picnics

Separating real growth from corporate accounting illusions. (AI-generated image from ChatGPT)

17 stocks that doubled revenue in Q4 FY26: Structural shift or base effect?

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