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Can NCLAT reinstate Cyrus Mistry as chairman of Tata Sons? Asks CJI

The NCLAT perhaps wanted Mistry to continue as chairman of Tata Sons, the CJI remarked

Can NCLAT reinstate Cyrus Mistry as chairman of Tata Sons? Asks CJI
Updated On : 16 Dec 2020 | 12:56 AM IST
Embassy Office Parks REIT to float QIP, may raise up to $600 million
Updated On : 16 Dec 2020 | 12:42 AM IST

Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Dinesh Kumar Khara says this is needed to ensure money flows into infrastructure, as is the case across the globe

Allow insurance, pension funds to invest in lower-rated debt: SBI chief
Updated On : 15 Dec 2020 | 7:34 PM IST

Mrs Bector IPO subscribed 3.72 times on Day-1 on strong retail interest

The company on Monday allotted shares worth Rs 162 cr to anchor investors Goldman Sachs India, SBI MF, Bajaj Allianz Life Insurance, among others

Mrs Bector IPO subscribed 3.72 times on Day-1 on strong retail interest
Updated On : 15 Dec 2020 | 6:08 PM IST

CII says farmers' blockade likely to impact India's economic recovery

In a statement, the apex industry body said around two-thirds of consignments in transit are taking 50 percent extra time to reach destination in Punjab, Haryana, Rajasthan and Delhi-NCR

CII says farmers' blockade likely to impact India's economic recovery
Updated On : 15 Dec 2020 | 1:40 AM IST

Major toll plazas in Mumbai now on FASTag platform, Dahisar to go live soon

Currently, more than 720 toll plazas across the country are live on the FASTag platform

Major toll plazas in Mumbai now on FASTag platform, Dahisar to go live soon
Updated On : 14 Dec 2020 | 3:06 PM IST

Govt successfully prunes stake in IRCTC by 20% as OFS sails through

Retail investors lapped up all the shares in the offer a day after institutional investor portion was subscribed 1.34 times

Govt successfully prunes stake in IRCTC by 20% as OFS sails through
Updated On : 12 Dec 2020 | 12:17 AM IST

Circulating newspaper PDFs illegal via social media, hurts journalism: INS

Industry body of newspaper media outlets says the practice, which gained steam following lockdown, is in total violation of IPR and is also a threat to society

Circulating newspaper PDFs illegal via social media, hurts journalism: INS
Updated On : 11 Dec 2020 | 6:58 PM IST

NSE to launch derivatives contracts on Nifty Financial Services index

The financial stocks have the biggest sectoral weight in the domestic stock markets

NSE to launch derivatives contracts on Nifty Financial Services index
Updated On : 11 Dec 2020 | 12:22 AM IST

ICICI Securities OFS subscribed 4.4 times on heavy institutional interest

Another 712,141 shares meant for retail investors will be auctioned on Thursday. Floor price set at Rs 440 a share

ICICI Securities OFS subscribed 4.4 times on heavy institutional interest
Updated On : 10 Dec 2020 | 1:22 AM IST

ICICI Bank to pare holding in ICICI Securities via OFS on Dec 9-10

OFS floor price fixed at Rs 440 a share. If fully subscribed, ICICI Bank will be able to raise at least Rs 313 crore

ICICI Bank to pare holding in ICICI Securities via OFS on Dec 9-10
Updated On : 09 Dec 2020 | 12:28 AM IST

Cox & Kings case: ED chargesheets Rana Kapoor, Peter Kerkar, 10 others

The latest findings by the ED probe in the CKL matter revealed that the entire gamut of siphoning off of funds and diversion of loan money from various banks stood at Rs 6,968 crore

Cox & Kings case: ED chargesheets Rana Kapoor, Peter Kerkar, 10 others
Updated On : 03 Dec 2020 | 11:16 PM IST

Standard Life sells 27.8 mn shares to prune stake in HDFC Life to 8.89%

Deal struck at Rs 619.25 a share, raising Rs 1,720 cr; sale represents 1.38 per cent stake

Standard Life sells 27.8 mn shares to prune stake in HDFC Life to 8.89%
Updated On : 03 Dec 2020 | 6:43 PM IST

Burger King IPO subscribed 9.4x on Day 2, retail portion by 37.8 times

Wealthy investor and institutional investor portions subscribed 3.6 times and 2.7 times, respectively; Only 10 per cent of the issue is reserved for retail investors

Burger King IPO subscribed 9.4x on Day 2, retail portion by 37.8 times
Updated On : 03 Dec 2020 | 6:32 PM IST

Covid-19 vaccine must be affordable and accessible: FM Nirmala Sitharaman

At a meeting of the finance ministers of G-20, she said further efforts should be made by members of the grouping to end the Covid-19 crisis.

Covid-19 vaccine must be affordable and accessible: FM Nirmala Sitharaman
Updated On : 21 Nov 2020 | 12:05 AM IST

RBI to conduct special audit of Srei Infrastructure Finance, subsidiary

In a notification to the exchanges, the lender said, RBI has appointed an auditor to conduct a special audit in exercise of its powers under Section 45 MA (3) of the RBI Act, 1934

RBI to conduct special audit of Srei Infrastructure Finance, subsidiary
Updated On : 20 Nov 2020 | 9:52 PM IST

DGGI to ask ICAI to take action against 3 arrested chartered accountants

These CAs were arrested in the GST fake invoice frauds during the nationwide drive in the last few days

DGGI to ask ICAI to take action against 3 arrested chartered accountants
Updated On : 20 Nov 2020 | 8:48 PM IST

NDB to lend $500 mn for rapid transition system between Delhi and Meerut

The total project cost is estimated at $3.75 billion, will also be financed by Asian Infrastructure Investment Bank, ADB, among others

NDB to lend $500 mn for rapid transition system between Delhi and Meerut
Updated On : 19 Nov 2020 | 9:50 PM IST

Work from anywhere an absolute necessity, says PM Narendra Modi

He urged global investors to invest in India's urbanisation, and committed a business-friendly climate to them

Work from anywhere an absolute necessity, says PM Narendra Modi
Updated On : 17 Nov 2020 | 11:10 PM IST

RBI allows payment aggregators to maintain additional escrow account

The RBI said that in cases where an additional escrow account is being maintained, credit and debit from one escrow account to the other shall also be permitted.

RBI allows payment aggregators to maintain additional escrow account
Updated On : 17 Nov 2020 | 11:04 PM IST