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    1. Business News
    2. Authors
    3. shakti patra

    Shakti Patra

    Fino Paytech set to start payments bank ops from April

    Fino Paytech, one of the 11 entities that have received in-principle approvals for payments bank, is all set for an…

    By Shakti Patra
    January 4, 2017 06:13 IST
    After ouster Nusli Wadia files criminal defamation suit against group; Ratan Tata thanks shareholders for support

    It was a day of intense drama and activity for the Tata Group as well as its friend-turned-foe Nusli Wadia,…

    By Shakti Patra
    Updated: December 24, 2016 10:57 IST
    Ratan Tata vs Cyrus Mistry: Nusli Wadia continues tirade, but stays away from from Tata Motors EGM

    Friend-turned-foe of the Tatas, Nusli Wadia, on Thursday continued his tirade against the group while staying away from the extraordinary…

    By Shakti Patra
    December 23, 2016 06:29 IST
    Ratan Tata Vs Cyrus Mistry: Nusli Wadia says Tata EGMs ‘managed’, abstains from Tata Steel meeting

    Long-time friend and ally of the Tatas, Nusli Wadia, stayed away from the extraordinary general meeting (EGM) of Tata Steel…

    By Shakti Patra
    December 22, 2016 06:33 IST
    In war with Ratan Tata, Cyrus Mistry blinks, but vows to open new front

    The battle lines between Ratan Tata and Cyrus Mistry were drawn afresh on Monday after the latter resigned from six…

    By Shakti Patra
    December 20, 2016 07:04 IST
    Despite negative cash flow, PSU capex plans for the year on track

    Despite negative cash flows last year, most enterprises will spend what they planned

    By Shakti Patra
    December 19, 2016 06:35 IST
    Cyrus Mistry loses vote in TCS, but all does not go Ratan Tata’s way

    With Cyrus Mistry, the ousted chairman of Tata Sons, staying away from the shareholders’ meeting of Tata Consultancy Services (TCS)…

    By Shakti Patra
    December 14, 2016 06:31 IST
    Cyrus Mistry ousted from Tata Industries; ejection from TCS hangs fire

    A day before shareholders of Tata Consultancy Services (TCS) vote on a resolution to remove Cyrus Mistry as director of…

    By Shakti Patra
    December 13, 2016 06:00 IST
    Tata Beverages claims system failure, refuses to give meeting video to Cyrus Mistry

    Tata Global Beverages, which at its board meeting on November 15 removed Cyrus Mistry as its chairman, did not provide…

    By Shakti Patra
    November 26, 2016 06:14 IST
    Demonetisation boosts surplus cash with banks 275 per cent

    Surplus cash with banks — deposits and borrowings that they retain after lending and investing — shot up by 274.6%…

    By Shakti Patra
    November 24, 2016 06:38 IST
    Post Donald Trump win, US-India 10-yr yield spread hits 5 yr low

    US benchmark rises by over 40 bps since the day of election

    By Shakti Patra
    November 17, 2016 06:12 IST
    Rs 500 cr debt, Dighi Port merger with parent Balaji Infra Projects rejected by lenders

    Lenders to Dighi Port have rejected a proposal to merge the company with the parent, Balaji Infra Projects.

    By Shakti Patra
    November 3, 2016 06:15 IST
    Axis Bank share price
    Gross bank NPAs double, net profits of 11 private banks stay flat; Axis Bank partly to blame

    Net profits for a clutch of 11 private sector banks have stayed flat for the three months to September partly…

    By Shakti Patra
    November 2, 2016 06:27 IST
    Alok Industries still unfit for S4A in present form

    Study reveals firm’s sustainable debt slightly below 50% of the total

    By Shakti Patra
    October 28, 2016 06:17 IST
    Corporate debt markets getting into a sweet spot: DHFL Pramerica’s Kumaresh Ramakrishnan

    With public sector banks (PSBs) consolidating their balance sheets, corporate are increasingly shifting to the debt market to benefit from…

    By Shakti Patra
    October 20, 2016 06:13 IST
    Stressed assets: RBI may tweak S4A norms as banks unable to leverage scheme

    The Reserve Bank of India is likely to tweak the guidelines for the Scheme for Sustainable Structuring of Stressed Assets…

    By Shakti Patra
    October 19, 2016 06:30 IST
    Bank investment in private corporation bonds hits all-time high

    With a record increase of Rs 11,746 crore over the preceding quarter, banks’ investments in private corporate bonds and debentures…

    By Shakti Patra
    Updated: October 15, 2016 07:36 IST
    Jammu and Kashmir Bank gives profit warning; NPAs set to go from bad to worse

    Sounding a profit warning, Jammu & Kashmir Bank (J&K Bank) on Thursday said it would report losses in the September…

    By Shakti Patra
    October 14, 2016 06:35 IST
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    best flexi cap mutual funds 2025 India top performing schemes

    Franklin India Flexi Cap Fund: Lumpsum investment grows 170 times, Rs 2,000 SIP becomes Rs 3.5 crore in 31 years

    Ola Electric's founder Bhavish Aggarwal sold a part of his personal shareholding

    Ola Electric founder Bhavish Aggarwal sells stake to clear Rs 260 crore share pledge

    Private credit up 35% YoY, but flat without SP deal

    Bhavish Aggarwal sells Ola Electric shares worth  ₹92 crore in bulk deal

    ICICI Pru AMC becomes fourth most-subscribed India IPO

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