Banking

Adani Total, Torrent Pay Rs 3.7 Cr Each For 5% Stake In Indian Gas Exchange

IGX now has 16 members and over 500 registered clients. With three physical hubs, the exchange has already traded 75,000... Read more

Not Viable: Alphabet Closing Loon, A Balloon Alternative To Cell Towers

Founded in 2011, Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or t... Read more

IL&FS Board Addresses Nearly Rs 32,000 Crore Of Debt By December

Last year, in June, the board of IL&FS laid down a road map to resolve 57 per cent of the group's nearly Rs 1 trilli... Read more

Market Reacts Negatively To Biocon's Weaker Results, Exit Of Biologics' MD

Analysts have raised doubts over the $1 billion guidance for biosimilars by FY22 and Hamacher's exit due to "professiona... Read more

Adani Total Gas, Torrent Gas Invest In IGX, Acquire 5% Stake Each

The IGX is an arm of IEX and first authorised gas exchange in the country Read more

HDFC Stock Falls After Sebi Imposes Rs 1 Cr Fine For Violating Directions

On the BSE, shares of the private lender were trading at Rs 1,453.35 apiece, falling 1.39 per cent over the previous clo... Read more

Apple, Google, Other US Business Groups Applaud Biden's Immigration Reforms

Apple CEO Tim Cook welcomed President Biden''s "commitment to pursuing comprehensive immigration reform that reflects th... Read more

CBI Books Cambridge Analytica, Global Science Over Illegal Data Harvesting

Facebook reported the leak of personal data of nearly 562.000 Indians users by the UK data firm Read more

Bajaj Finance Has Enough Headroom To Withstand Moderate Downside Risks: S&P

BFL's credit costs will stay elevated at about 5 per cent in fiscal 2021 and improve to 2.5-2.7 per cent of total loans ... Read more

Falling Cash Flow: AirAsia Group To Raise $113 Mn Via Private Placement

AirAsia said it will continue to explore other fundraising options or corporate proposals to improve the group's financi... Read more

Franklin Templeton's Closures Reflect Poorly On India's Capital Markets

Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost Read more

21% Startups And MSMEs Benefited From Govt Schemes In 2020: Survey

For many years now, startups and MSMEs have been reeling under the complex burden of India's difficult taxation policies Read more

WhatsApp Delays New Privacy Policy By Three Months Amid Severe Criticism

The company released a separate blog post Friday trying to clear up the confusion, and it included a chart that specifie... Read more

Ill-informed: Snapdeal On USTR Report Placing It On Notorious Markets List

Snapdeal and four Indian shopping complexes have figured in the latest 2020 Review of Notorious Markets for Counterfeiti... Read more

New Launches Pick Up, But Home Sales Yet To Revive Amid Covid-19 Pandemic

New launches bounced back - registering 12 per cent growth in the October-December quarter. Read more