Finance


HDFC Bank, Flipkart Wholesale Launch Co-branded Card For Latter's Members

Banking - Published date: .

The product will offer users 5% cashback on Flipkart Wholesale online spending. Members can apply for the card directly... Read more

SVB Collapse Brings Softbank's Startup Financing Under Investors' Lens

Banking - Published date: .

Now investors are cautiously pulling back despite the overnight pledge from US authorities to rescue the US lender that ... Read more

Lenders To Miss March-end Deadline To Resolve Key Insolvency Cases

Banking - Published date: .

Once an account is settled with the highest bidder paying their bid amount, then it frees part of bank's locked fund in ... Read more

Adani Has $2 Bn Foreign-currency Bonds Coming Up For Repayment In 2024

Banking - Published date: .

The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost USD 2 bi... Read more

RCap Resolution: NCLAT Allows Lenders' Plea For Another Round Of Bidding

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Thursday allowed a petition filed by lenders of Reliance Capital... Read more

More Value To Be Discovered, NCLT Has Usurped Powers Of CoC: Reliance

Banking - Published date: .

The lenders of Reliance Capital have submitted before the National Company Law Appellate Tribunal (NCLAT) that the Commi... Read more

SC Notice To CBI On Piramal Capital & Housing Finance Plea To Quash FIR

Banking - Published date: .

The PCHF contended that it cannot be saddled with the offences allegedly committed by the previous management prior to t... Read more

Tata Motors In Talks To Raise $1 Bn Via Stake Sale In EV Business: Report

Banking - Published date: .

Indian carmaker, Tata Motors has begun discussions with soverign wealth funds and private equity investors to sell a sig... Read more

Intangles Lab Raises $10 Million In Funds From Baring Private Equity

Banking - Published date: .

Predictive analytics solutions provider Intangles Lab on Tuesday said it has raised USD 10 million in funding from Barin... Read more

Future Enterprises Defaults On Rs 12.75-crore Interest Payment On NCDs

Banking - Published date: .

Debt-ridden Future Enterprises Ltd (FEL) has defaulted on the payment of interest of Rs 12.75 crore on two non-convertib... Read more

Indian Regulators Aware Of Concerns On Adani Group Issue, Says Sitharaman

Banking - Published date: .

Nirmala Sitharaman told reporters after meeting the central bank's directors in New Delhi, the capital Read more

RCap Resolution: NCLAT Issues Notices To Torrent Investments, Others

Banking - Published date: .

The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to Torrent Investments and other responden... Read more

Second European Airline In Less Than A Week Cancels All Flights After Going Bust

Expat - Published date: .

The airline says weak financial markets and uncertainty over demand for air travel left it cash-strapped. Read more

State Bank Of India Plans To Raise $500 Million Via Green Bonds

Banking - Published date: .

SBI has also issued green bonds worth $800 million since 2018-19 and a green loan worth €50 million in 2020-21 Read more

Gautam Adani's $2.5 Bn Share Sale Faces Crucial Day After Rout In Stocks

Banking - Published date: .

For 60-year-old Adani, the stock market meltdown has been a dramatic setback for a school-dropout who rose swiftly in re... Read more

CARS24 Plans To Hire Over 500 Employees Across Divisions This Quarter

World - Published date: .

The company announced that it would be hiring for both tech-related and non-tech related employees and that it had openi... Read more

India's Retail Health Insurance Could Be A $25 Bn Market In 5 Yrs: Report

Banking - Published date: .

Avendus Capital study says low penetration coupled with rising disposable incomes, and product innovation by insurers co... Read more

Paytm Bank Gets RBI Nod To Operate As Bharat Bill Payment Operating Unit

Banking - Published date: .

So far, Paytm Payments Bank Ltd (PPBL) has been undertaking this activity under in-principle authorisation from RBI Read more

BCL Industries Board Approves Raising Rs 201 Crore Via Issuance Of Warrants

Banking - Published date: .

BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distill... Read more

Bison Bank Launches Crypto Subsidiary Bison Digital Assets

FinTech - Published date: .

Bison Bank launches crypto subsidiary Bison Digital Assets, licensed by Banco de Portugal, the first virtual assets serv... Read more