Economy


IDFC Offers Compensation 4x CTC To Corona Affected Employees' Families: MD

Banking - Published date: .

IDFC FIRST Bank is offering compensation equivalent to four times of the CTC, continuation of salary for two years to th... Read more

SIDBI Invites Bids From Consultants To Help Set Up Rs 20,000 Cr NaBFID

Banking - Published date: .

SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from consultants to help set up R... Read more

NBCC Submits Final Bid To Buy Jaypee Infra; Suraksha Seeks More Time

Banking - Published date: .

State-owned NBCC on Friday submitted its final bid to acquire Jaypee Infratech Ltd (JIL) while rival Suraksha group soug... Read more

Religare Finvest's Revised Debt Restructuring Plan Enters Final Stage

Banking - Published date: .

RFL, an NBFC arm of Religare Enterprises Ltd, has been barred from undertaking fresh business Read more

Indian Economy Contracted By Record 7.3% In 2020-21

Hedge Fund - Published date: .

India's economy was in the throes of a prolonged slowdown even before Covid-19 struck, but the pandemic untraveled years... Read more

Aditya Birla Fashion Posts 51% Growth In Q4 EBITDA At Rs 253 Crore

Banking - Published date: .

The company said Q4 continued with a strong recovery trend until the disruption due to second wave of Covid-19 led to lo... Read more

NCLT Initiates Insolvency Proceedings Against Ahluwalia Contracts

Banking - Published date: .

The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against construction firm Ahluwalia Contra... Read more

Jaypee Infratech Insolvency: Lenders Ask NBCC, Suraksha To Improve Bid

Banking - Published date: .

Earlier this month, NBCC and Mumbai-based Suraksha group submitted their revised bids to acquire Jaypee Infratech throug... Read more

European Stocks Gain As EU Works To Boost Vaccine Supply

Hedge Fund - Published date: .

Factors boosting stocks include progress on President Joe Biden's $1.9 trillion stimulus package and increasing momentum... Read more

Reliance Home Finance Defaults On Rs 40 Cr Loan Repayment To P&S Bank

Banking - Published date: .

Reliance Home Finance Ltd (RHFL) on Saturday said it has defaulted on loan of over Rs 40 crore from Punjab & Sind Ba... Read more

The Future Of Gambling And Sports Betting In The UK

Hedge Fund - Published date: .

For many people worldwide, gambling and sports betting are a simple way of spending their leisure time. However, in the ... Read more

Disney Is The Latest Company To Cut Jobs

Hedge Fund - Published date: .

Disney has retained its status as the largest entertainment company in the world after celebrating the success of its ne... Read more

Emergency Broadband Program Aims To Provide Internet Access To Families Impacted By Pandemic

Hedge Fund - Published date: .

US families must show proof of a significant loss of income since February 2020. Read more

Zomato Inks Pact With MoHUA To Onboard 300 Street Vendors

Banking - Published date: .

Zomato on Friday said it has signed an agreement with the Ministry of Housing and Urban Affairs (MoHUA) to onboard 300 f... Read more

Covid Impact: Airlines Close Books On Rotten 2020 And So Far, 2021 Is Grim

Banking - Published date: .

It was a disaster for airlines, worse than 9/11 or the global financial crisis - some very small carriers didn''t surviv... Read more

Luxury Carmakers Rev Up In India, Plan Over 50 New Models After Covid Pain

Banking - Published date: .

With over 50 new launches this year, super-premium marques are taking a calculated bet on the Indian market that touched... Read more

Hit By Pandemic, Eurozone Sees Ghost Of The Debt Crisis

Hedge Fund - Published date: .

The European Central Bank has put the markets at ease by buying up much of the public debt, essentially snuffing out the... Read more

DHFL Resolution: Piramal Claims Its Offer To FD Holders Better Than Oaktree

Banking - Published date: .

Piramal Enterprises claimed that its bid provides better offer to over 55,000 retail fixed deposit holders of the debt-r... Read more

US Lawmakers Reach Deal On $900 Bn Stimulus Package

Hedge Fund - Published date: .

The Fed has estimated that the jobless rate will end the year at 6.7 percent before dipping to 5 percent next year. Read more