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  3. fe bureau

FE Bureau

 finance minister, Nirmala Sitharaman, PSU bank, public sector banks, big bank merger, slowdown, steps to revive economy
FM Nirmala Sitharaman hints at economic booster, but refuses to give timeline

Discussions at the highest level of the Union government were going on in which current plight of declining demand and…

By FE Bureau
Updated: August 17, 2019 03:02 IST
Reliance Commercial Finance has also dragged SKIL Infrastructure to the National Company Law Tribunal (NCLT) for recovery of outstanding dues, the filing said.
IFIN drags SKIL infra to NCLT

In its report, the SFIO said loans given by IFIN to SKIL Infrastructure were used for payment of existing loan…

By FE Bureau
August 17, 2019 00:28 IST
When contacted, a senior union official in the Ashok Leyland Employees Union (ALEU) confirmed the developments.
Ashok Leyland Ennore plant workers protest over bonus issue

Sources said that for employees with more than 15 years of experience, the compensation is two month’s fixed pay for…

By FE Bureau
Updated: August 17, 2019 03:03 IST
“However, during 2018-19, CIAL had posted net profit of Rs 166.9 crore, against Rs 650.34 crore turnover,” CIAL director Roy Paul told FE.
Monsoon rage grounds CIAL’s business by Rs 70 crore

CIAL sources said that although solar panels did not stand in the way of easing storm water discharge, the airport…

By FE Bureau
August 17, 2019 00:26 IST
“We are trying to build consensus. States will keep their view in the next meeting,” Fadnavis said after the second meeting of the committee.
Panel of CMs to discuss adoption of GM tech in oilseed production

Oilseed crops are the second most important determinant of agricultural economy, next only to cereals within the segment of field…

By FE Bureau
Updated: August 17, 2019 03:03 IST
Synthetic textile exporters gung-ho about growth

Currently MMF dominates global textile fibre consumption with 72:28 ratio —MMF 72% and natural fibre 28%.

By FE Bureau
August 17, 2019 00:25 IST
These changes will help some reduce some of the challenges faced by retail NBFCs as the risk factors of retail-lending NBFCs are different from infrastructure or consumer-lending NBFCs.
NBFC face liquidity squeeze – here’s how

The central bank has allowed banks’ lending to NBFCs for agriculture, micro and small enterprises, and housing classified as priority…

By FE Bureau
August 17, 2019 00:21 IST
‘Style Set Free’ is Hyundai’s in-car experience strategy for future EVs
Hyundai Motors to showcase electrified prototype displaying this concept

The all-new i10 will receive its public world premiere, alongside a special version of the model

By FE Bureau
August 17, 2019 00:15 IST
RIL will induct leading global investors in consumer businesses (Reliance Jio and Reliance Retail) in the next few quarters, and move towards their listing within the next five years.
Reliance Industries rating: Buy; deal to allay concerns on high debt level

Aramco’s potential 20% stake in RIL’s O2C division comprising the refining, petrochemicals and 51% of the fuel retailing JV is…

By FE Bureau
Updated: August 27, 2019 17:15 IST
The new entity will be called ViacomCBS
Viacom and CBS to finally reunite

The deal will combine the CBS television network, CBS News, Showtime cable networks with MTV Networks, Nickelodeon, Comedy Central and…

By FE Bureau
August 16, 2019 00:31 IST
Narendra Modi, CBIC, Tax Officers, Sacked, Fundamental Rules, CBI, CBDT, IRS,
Don’t look down on wealth creators, says PM Modi in Independence Day speech

Holds meet with FM on slowdown amid buzz on tax relief, says India to have chief of defence staff, pushes…

By FE Bureau
August 16, 2019 00:22 IST
Walmart International's net sales declined to $29.13 billion from $29.45 billion reported in the year-ago period.
Walmart consolidated gross profit margin slips on Flipkart losses

The US-based retailer acquired a 77% stake in Bengaluru-based e-commerce major Flipkart last year in a $16-billion deal.

By FE Bureau
Updated: August 16, 2019 04:34 IST
vistara airlines
Vistara net losses nearly double in FY19 to Rs 831 crore

Vistara’s operating revenue increased 41% year-on-year to Rs 2,994 crore in 2018-19 as it carried 5.43 million passengers, up 22.6%…

By FE Bureau
Updated: August 16, 2019 04:34 IST
According to a FICCI study, the current use of pesticides and other agrochemicals in India is 0.27 kg per hectare
PM Modi calls upon farmers to cut usage of chemical fertilisers, pesticides

Prime Minister Narendra Modi made an emotional appeal to farmers to reduce use of chemical fertilisers and pesticides by 10-25%…

By FE Bureau
August 16, 2019 00:16 IST
On the occasion of its founding day, the bank has also rolled out two other products with special features
Indian Bank rolls out the repo-linked vehicle and home loans

Indian Bank on Thursday launched two new products, repo-linked home loan and vehicle loans, which will ensure instantaneous transmission of…

By FE Bureau
August 16, 2019 00:15 IST
Hiren Gada, CEO, Shemaroo Entertainment
Warren Buffet is my inspiration: Hiren Gada, CEO, Shemaroo entertainment

The book also conveys an important message that misconceptions often lead to wrong judgment about people, and aims at making…

By FE Bureau
August 16, 2019 00:13 IST
ICICI Prudential Life’s individual APE growth was flat y-o-y while SBI reported 24% y-o-y rise. (Illustration: Shyam Kumar Prasad)
Life insurance: Strong growth momentum in individual business

HDFC Life, Max Life, Tata AIA, Birla Sun Life & Bajaj Life delivered strong growth in individual APE in July

By FE Bureau
August 16, 2019 00:10 IST
The panel’s report will be edited and submitted to the central bank in the next few days, said one of the sources. (File photo)
No windfall coming: Bimal Jalan panel sticks to staggered transfer of RBI surplus

The panel held its last meeting on Wednesday and is learnt to have retained its major recommendations despite a change…

By FE Bureau
Updated: August 15, 2019 07:17 IST
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'President is scared of your power': Kamala Harris says Trump 'peddled lies and conspiracy theories' during address

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CBSE says re-evaluation portal faced 1.5 million hits in 2 minutes amid cyberattack attempts

CBSE says re-evaluation portal faced 1.5 million hits in 2 minutes amid cyberattack attempts

XIRR considers every cash flow separately, including the amount invested and the exact date of each SIP installment, and it calculates the return by taking into account the varying holding periods of all investments.

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Iran, US-Israel war highlights (June 6): US says Iran fired 7 missiles toward Kuwait, Bahrain after 4 drones shot down near Hormuz

Share market, NSE, BSE today, June 03

Markets pare early losses: Nifty closes near 23,400, Sensex down 300 points; tech stocks see sharp cut

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