Business

According to a regulatory filing, financial creditors have submitted a claim of over Rs 5,911 crore for debt they provided to Cox & Kings that is currently going through the corporate insolvency resolution process.

Shares of Yes Bank tanked 25 per cent after the capital-starved lender was placed under a moratorium, with the Reserve Bank of India (RBI) capping deposit withdrawals at Rs 50,000 per account for a month and superseding its board.

The betas were lowered by 15 basis points (bps) from 8.65 per cent provided during 2018-19. The latest cut has made the interest rates on provident fund deposits the lowest in at least eight years.

Cryptocurrency or virtual currency is primarily an internet-based medium of exchange. It uses cryptographical functions to conduct financial transactions between two parties through private and public keys.

Online websites called cryptocurrency exchanges allow one to exchange local currency for virtual money. A person can make payments through bank transfer or credit card. One has to first register themselves with their full information, verify their identit...

Syndicate Bank will be merged with Canara Bank, thereby creating India’s fourth largest public sector bank.

Antony Waste is an emerging player providing a full spectrum of Municipal Solid Waste (MSW) management services and is one of the top five players in the Indian industry.

The fee of Rs 6 lakh consists of Rs 1.5 lakh in respect of each application for each alleged offence by the company and Rs 25,000 by each of the current and former key managerial personnel for each alleged offence.

Services growth will also come under intense headwinds over the near term owing to likely work stoppages in manufacturing following a lack of inputs.

TRAI Chairman RS Sharma said the watchdog's earlier provision for a penalty on telecom firms for call drops was successfully challenged in the SC, but the regulator will continue to work for improving the quality of service.

Mukesh Ambani, under whom the Reliance group emerged as India’s largest company, dedicated the award to his father and company founder Dhirubhai Ambani, as well as young leaders of the company.

In six trading sessions to Friday the market capitalisation of BSE-listed companies saw a massive decline of Rs 11,76,985.88 lakh crore.

After nosediving over 1,525 points during the day, the 30-share BSE barometer ended 1,448.37 points, or 3.64 per cent, lower at 38,297.29.

The SBI Cards IPO is expected to receive bumper response as brokerages are extremely positive on the issue and advising investors to subscribe.

The minister said the engagement will help both sides on different fronts. While India will benefit by engaging with new technology, the US will gain by India becoming a big source for talent.

Domestic bourses opened on a muted note on Tuesday with benchmark indices Sensex trading 88.71 points higher at 40,451.94 and Nifty up 17.15 points at 11,812.25.