[ad_1] NEW DELHI: The Modi government has waived Rs 68,607 crore from the top 50 bank loan defaulters, including Nirav Modi, Mehul Choksi and Vijay Mallya, Congress alleged Tuesday, citing an RTI response from the Reserve Bank of the India (RBI). Congress also alleged that the government gave up loans …
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[ad_1] MUMBAI: The RBI on Monday provided a special facility with an initial corpus of Rs 50,000 crore for mutual funds to borrow through the banking channel. The surprise move by Franklin Templeton MF last week to liquidate six of its debt funds, which managed about Rs 25.9 billion before …
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[ad_1] MUMBAI : The Shapoorji Pallonji Group, which has been making several efforts to monetize its assets to reduce debt, on Monday said its arm Shapoorji Pallonji Infrastructure Capital has signed an agreement to sell 317 megawatts (MW) of solar assets to private equity firm KKR. The total transaction size …
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[ad_1] New Delhi: Mindtree reported on Friday a 3.9% year-on-year (year-on-year) increase in net consolidated profit to Rs 206.2 million for the fourth quarter ending March 31. The company had reported a profit of Rs 198.4 million in the corresponding quarter last year. The company’s consolidated net income increased by …
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[ad_1] An estimated four million mobile phone users in the country will be without phones due to glitches and failures in late May if restrictions on the sale of phones and parts continue, an industry body said on Friday. Currently, it is estimated that more than 2.5 million mobile phone …
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[ad_1] NEW DELHI: An estimated 4 crore mobile phone users in the country are expected to be without handsets due to faults and breakdowns by May-end if restrictions on the sale of handsets and spare parts continue, an industry body said on Friday. At present, more than 2.5 crore mobile …
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[ad_1] CHANDIGARH: Punjab finance minister Manpreet Singh Badal on Thursday asserted that except a meager sum of Rs 71 crore, the BJP-led government has not given the state a single penny to fight COVID-19 pandemic. Badal made the assertion, seeking to debunk sought Union minister Harsimrat Kaur Badal’s claims of …
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[ad_1] MUMBAI: In a bid to ensure that businesses and small non-bank lenders remain solvent during Covid-19’s extended lockdown period, the Reserve Bank of India announced measures to make funds available to NBFC, pressuring banks to make loans and delay the classification of borrowers. defaulters. Highlights of the measures on …
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[ad_1] File photo of West Bengal Chief Minister Mamata Banerjee. Without naming the BJP, CM Mamata Banerjee said some people were trying to spread misinformation about the spread of the virus in Bengal, adding that there is no alteration in the number of COVID-19 cases and deaths in the state. …
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