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Asset quality a worry for lenders despite shrinking moratorium book: Icra

Loan restructuring could postpone recognition of stress in the lender book in the near-term, but high share of such assets would be a credit negative, Icra said

Mindspace REIT IPO sees 13 times more demand than shares on offer

Mindspace REIT has already allotted units worth Rs 2,644 crore to anchor investors

NIIF, DP World joint venture to invest Rs 1,000 cr in Mumbai's NSBP FTZ

NSBP, a special purpose vehicle, is a co-developer for the Jawaharlal Nehru Port Trust (JNPT) SEZ

Sebi extends deadline to file Q1 numbers for Indian firms by a month

News date set at Sept 15; Sebi has also extended compliance deadline for submission of annual system audit and redressal of investor grievances

Mindspace Business Parks REIT IPO fully subscribed a day before close

The price band for the REIT offering is Rs 274-Rs 275 per unit

RBI likely to slash policy rates by 100 bps in FY21: BofA Securities

That apart, they expect the government's overall fiscal deficit to rise

Avra Laboratories gets regulatory approval for Covid-19 drug Favipiravir

The company said the drug is cheaper than alternatives and would be supplied to Cipla for the launch of Ciplenza, the generic version of Favipiravir

Insolvency law caused rift with govt: Former RBI governor Urjit Patel

Instead of future-proofing gains, atmosphere to go easy on the pedal ensued, says his book

From Sukh Ram to Mukesh Ambani, here're the men who changed telecom

With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible

Missed call to free call: The 25-year journey of India's telecom industry

On July 31, 1995, mobile telephony began in India at Rs 16.80 a minute peak tariff. Now, most local voice calls are free, a market which has the largest subscriber base in the world after China

Layoffs during pandemic shows India Inc's lack of empathy: Ratan Tata

Several Tata Group companies, including its airlines, hotels, financial services, and auto business, are severely hit, but have not laid off employees to date

India to contribute 2.2% of world's digital payment market by 2023: Report

The Covid-19 pandemic is expected to further amplify the reach of digital payments with people terrified of using cash

Mobile banking may become most preferred channel, says SBI's Rajnish Kumar

Out of 100 transactions at SBI, only 9 transactions are being made in branches

NPCI updates UPI with auto pay feature for smoother recurring transactions

The feature needs customer mandates for these recurring payments to be made. Mandates can be set up with a frequency of user's choice such as daily weekly, monthly or annually

RIL m-cap tops Rs 13 trn, cementing firm in world's top-50 most valued

In dollar terms, the company is now valued at $175 billion, fully-paid shares end at Rs 2,004, up 1.64 per cent, partly-paid shares at Rs 1,107

SBI Life Insurance pre-tax profit up 2.6% to Rs 387.68 crore in Q1

The value of new business was down 29 per cent year on year to Rs 240 crore.

Indian Hotels to acquire remaining stake in ELEL from Nanda family

The buyout will make IHCL, the 100% owner of Sea Rock Hotel

IRDAI allows insurers to sell Corona Kavach policy as group product

Each insurer can price the product according to its risk assessment, health portfolio and its claim experience.

GST Network makes annual returns available online for composition dealers

This will enable 1.7 million composition dealers to file their returns on an annual basis with effect from 2019-20