Finance


3one4 Capital To Fully Tie Up Commitment For Over $100 Mn Fund This Quarter

Banking - Published date: .

3one4 Capital, an early stage venture capital firm that primarily invests in tech companies -- expects to fully tie up c... Read more

ONGC's Rating Downgraded In Line With India's Sovereign Rating

Banking - Published date: .

State-run Oil and Natural Gas Corporation Ltd (ONGC) and its subsidiary ONGC Videsh have witnessed a ratings downgrade w... Read more

Airtel Payments Bank Sees Surge In Biz, Hopeful Of Break-even In FY22

Banking - Published date: .

Airtel Payments Bank has seen a surge in business volumes in FY21 as lockdown curbs spurred new accounts as well as tran... Read more

AMNS India Executes Paperless Bill Discounting Transaction With ICICI Bank

Banking - Published date: .

AMNS India on Sunday said its has executed "a paperless bill discounting transaction" in partnership with ICICI Bank. Read more

Insolvency Law Changing The Way Society Perceives Biz Failures, Says Sahoo

Banking - Published date: .

Fuelled by a huge unsatiated appetite for freedom of exit, the insolvency law is changing the way the society perceives ... Read more

Air India To Sell Real Estate Assets; May Garner Up To Rs 300 Crore

Banking - Published date: .

Disinvestment-bound Air India is looking to raise Rs 200 to 300 crore by selling commercial and residential real estate ... Read more

Covaxin Effective Against India, UK Coronavirus Strains: Bharat Biotech

Banking - Published date: .

Bharat Biotech said its Covid-19 vaccine 'Covaxin' has been found to be effective against coronavirus strains found in I... 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

Disbursed Rs 14,572 Crore To Investors Of Six Shuttered Schemes, Says FT

Banking - Published date: .

In two of the schemes, the disbursement was over 75% of AUM in April 2020, when fund houses wound up the schemes Read more

Moody's Maintains Negative Outlook On Adani Transmission

Banking - Published date: .

Moody's Investors Service on Friday affirmed an investment grade rating of Baa3 with negative outlook on senior secured ... Read more

IndusInd Bank Net Profit Jumps 194% In March Quarter On Low Provisions

Banking - Published date: .

The profit after tax grew to Rs 926 crore, from Rs 315 crore in the year-ago period Read more

Fortis Escorts Heart Institute Receives Sebi Notice In Funds Diversion Case

Banking - Published date: .

Fortis Healthcare on Friday said its subsidiary, Escorts Heart Institute, has received a notice from SEBI in the matter ... Read more

Richard Verma Appointed As Mastercard's Head Of Global Public Policy

Banking - Published date: .

Former US Ambassador to India Richard Verma has been appointed as General Counsel and Head of Global Public Policy of Ma... Read more

The Top Five European Companies Shaking Up Fintech.

FinTech - Published date: .

2020 swept in like a tornado, turning every business prediction on its head. We might still be reeling but it’s now cl... Read more

Technology Transformation For Central Banks

FinTech - Published date: .

Role of Central Banks is changing rapidly with need to regulate and supervise new areas like Cryptocurrencies, new payme... Read more

Franklin Templeton Unitholders To Get Rs 2,962 Cr In Second Tranche

Banking - Published date: .

SBI Funds Management (SBI MF) will distribute the next tranche of Rs 2,962 crore to unitholders of Franklin Templeton Mu... Read more

Ozan Welcomes Their New CEO To The Team

FinTech - Published date: .

We’re slowly heading to a final push towards a fully digital world where everything is done online. That includes payi... Read more

SBI Card Sees Over 50% Transaction From Online Payments, Says CEO

Banking - Published date: .

SBI Card has been seeing over 50% of its transactions via online payments such as on groceries, insurance premium, and h... Read more

CAIT Demands MSME Status Restoration For 8 Cr Traders From Service Industry

Banking - Published date: .

The Confederation of All India Traders (CAIT) has demanded restoration of MSME status taken away in 2017 from 8 crore re... Read more