money
BharatPe's Board Will Not Intervene In Bhavik-Ashneer Stake Issue
Banking - Published date: .
As the Ashneer-BharatPe fight now on a legal course, the Board of company will not intervene in a new controversy regard... Read more
Blackstone Buys Majority Stake In Wealth Management Firm ASK From Advent
Banking - Published date: .
Global private equity major Blackstone on Monday announced that it has acquired a majority stake in ASK Investment Manag... Read more
Edelweiss Financial Services Raises Over Rs 456 Crore Via NCDs
Banking - Published date: .
Edelweiss Financial Services Ltd (EFSL) on Monday said it has raised Rs 456.24 crore through the issuance of non-convert... Read more
NCLAT Issues Notice Over PNB's Plea Against Jet Airways Resolution Plan
Banking - Published date: .
The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional Read more
Google Pay To Allow Users To Open Fixed Deposits On Its Platform
Banking - Published date: .
American tech giant Google has recently partnered with fintech startup Setu to let users open fixed deposits (FDs) throu... Read more
Tech Giant Microsoft Corporation Invests $5 Million In OYO
Banking - Published date: .
Tech giant Microsoft Corporation has invested nearly USD 5 million (about Rs 37 crore) in OYO through the issuance of eq... Read more
Ind-Ra Assigns Barclays India AAA With Stable Outlook
Banking - Published date: .
India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for Indian branch of Barclays Bank Plc ... Read more
NCLT Dismisses Rolta Promoters' Plea For One-time Settlement
Banking - Published date: .
The National Company Law Tribunal (NCLT) has dismissed a petition of the promoters of IT firm Rolta India Ltd seeking on... Read more
E-com Giant Amazon May Soon Allow Digital Currency As Payment Mode
Banking - Published date: .
Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency... Read more
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
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
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
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
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
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
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
ICICI Prudential Life Raises Rs 1,200 Crore Through Maiden NCD Sale
Banking - Published date: .
Leading private sector life insurer ICICI Prudential Life on Friday raised Rs 1,200 crore in debt capital through the sa... Read more
Will Recover Money From LVB, Officials Won't Be Pardoned: Religare Chief
Banking - Published date: .
Religare Enterprises has said its NBFC arm Religare Finvest will be able to fully recover its fixed deposits, with an in... Read more
