Industry
Time period for insolvency proceedings need to be reduced: NCLAT chairperson
NCLAT Chairperson Justice S J Mukhopadhaya on Saturday said members of the tribunal as well as the NCLT need to reduce time taken for insolvency proceedings.
Yes Bank crisis: PayNearby says functioning ‘without any disruption’
The Reserve Bank of India has imposed a moratorium on the bank and restricted withdrawals to Rs 50,000 per depositor till April 3.
Special liquidity window: RBI to offer Yes Bank Rs 10,000-crore loan
90-day credit at 8.4% interest will enable bank to meet immediate liquidity needs
Public money not for private loot, bring Yes Bank under govt control: AIBEA
The RBI said the restrictions were imposed in the best interest of the customers due to ailing financial condition of Yes Bank which for the past some time has failed to raise enough capital to keep i
Coronavirus: DoT asks telcos to put COVID-19 awareness messages in place of ringing tones
The move follows an order in this regard from the government which has shared the audio clip of the message with telecom operators.
Amazon has eyes on medical sector, internal team working to develop cure for common cold
Jeff Bezos-founded Amazon is yet to publicly recognise the Grand Challenge group that has been assigned the task to take on bigger challenges, especially those which affect human beings directly.
Reliance Communications’ resolution plan filed before NCLT
The plan entails realisation of around Rs 23,000 crore from sale of RCom assets and clawback of money paid to some of the lenders.
P Chidambaram says RBI’s draft for Yes Bank is bizarre; asks how nobody noticed big jump in loan book
Former finance minister P Chidambaram has raised questions on RBI and the government asking how did the loan book of Yes Bank swell up, doubling the outstanding loans in only 24 months. “When ev
Yes Bank customers scramble for cash withdrawal at branches, most ATMs run dry
Country's largest lender SBI, which has evinced interest for 49 per cent stake in the private sector lender, said it is evaluating the draft reconstruction scheme for Yes Bank.
Rajkot Municipal Corporation seeks release of Rs 160 crore Smart City Mission fund in Yes Bank
As per RBI's draft reconstruction scheme, State Bank of India will pick up 49 per cent stake in the crisis-ridden Yes Bank under a government-approved bailout plan.
Yes Bank founder Rana Kapoor shifted to ED office today; questioning continues on money laundering
The ED had searched Rana's residence in the upscale 'Samudra Mahal' complex in the Worli area on Friday night and had grilled him there too. The questioning of Kapoor is continuing, they said.
Coronavirus Outbreak: Google’s Deepmind AI is helping scientists better understand Covid-19, find cure
Google has also taken concrete steps to curb the spread of fake news surrounding Coronavirus through its platform.
Google can now read entire webpages to you in 42 languages including Hindi
All these features are in line with Google’s clear ambition of becoming the go-to platform for everyone for all purposes.
Coronavirus outbreak: Apple’s annual Worldwide Developers Conference under global virus threat
WWDC is Apple’s most prominent event of the year and quite popular among its users and tech-loving population of the world as it allows thousands of technology developers across the world to get a f
SBI Chairman says completely ready to fill hole in Yes Bank’s balance sheet; assures quick action
Rajnish Kumar explained how SBI will infuse capital in Yes Bank as the obligation is to at least invest 26% of the capital required.
Cogen names Sharad Pawar president emeritus
Jaiprakash Dandegaonkar, ex-minister of state for co-operation, Maharashtra has been elected as the vice president of the association.
Yes Bank moratorium leads to outage in financial system
Even as Yes Bank customers discovered they could neither withdraw money using debit cards nor could they transact through digital channels on Friday, the worst impact was felt by consumers and merchan
United Bank says its valuation ‘low’ largely due to lower net worth
Punjab National Bank (PNB) announced the share exchange ratio for the proposed merger following its board meet on March 5.
Yes Bank reconstruction: SBI to pick up 49%, FM Sitharaman asks RBI to fix individual responsibility for crisis
Finance minister Nirmala Sitharaman said she has asked the RBI to undertake a comprehensive probe on what exactly went wrong at Yes Bank and fix individual responsibility.
Yes Bank crisis: Depositors throng bank’s cashless ATMs, branches
Net banking facilities were down as soon as the announcement was made by the regulator and the government on Thursday night.
AGR payment: Vodafone Idea claims its dues stand at Rs 21,533 crore
This is less than half of DoT's estimated demand of Rs 53,039 crore.
Covid-19 fallout: Sequoia wants its businesses to adapt for avoiding future pain
The note is reminiscent of a presentation made by Sequoia in 2008 titled "R.I.P Good Times", where it shared tips of surviving the economic downturn with its portfolio companies.
No let-up in auto sector blues in February
PV volumes expected to log 7-9% fall; double-digit decline is likely for MHCV and 2-W segments.
COVID-19 steals rough diamond’s sparkle
India’s diamond industry cuts and polishes 90 % of the gems sold globally.
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- P Chidambaram says RBI's draft for Yes Bank is bizarre; asks how nobody noticed big jump in loan book
- Reliance Communications' resolution plan filed before NCLT
- Yes Bank customers scramble for cash withdrawal at branches, most ATMs run dry
- Amazon has eyes on medical sector, internal team working to develop cure for common cold
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Budget 2020
- Budget 2020 hasn't violated fiscal discipline: FM Sitharaman
- Budget 2020 was disappointing for lacking vision; but fiscal, taxation measures welcome: EAC-PM member Ashima Goyal
- Budget 2020: FM Nirmala Sitharaman says govt willing to do more beyond Union Budget to boost growth
- Budget 2020: FM says green shoots of recovery visible, points at worse macro-economic fundamentals under UPA
- Budget and the economy: What can we expect after this Budget?
- Budget 2020: FM Sitharaman takes on P Chidambaram over defence budget allocation
- Budget 2020 proposals on DDT, personal tax not to impact MF industry: Franklin Templeton
- Budget 2020: Chidambaram slams Modi govt; says economy close to collapse, unemployment making India poorer
- Budget 2020: How ESOP tax changes will benefit start-up employees
- Economic Survey 2020: Fudging food and fertiliser subsidy
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