Banking

ISelect Looking At A Loss On IMoney Divestment

Comparison site iSelect’s planned sale of its Asian investment, iMoney, has run into trouble as COVID-19 makes buye... Read more

How ShareChat Is Helping Local Brands With Language-focused Advertising

As regional language media consumption soars during the lockdown, social media app ShareChat goes full throttle with bra... Read more

Idling Trucks, Staff Shortage: Bottlenecks For Industries Amid Lockdown

Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shorta... Read more

Pioneer Credit Suitor Turns Hostile

Pioneer Credit’s one-time white knight, private equity firm The Carlyle Group, has accused the struggling debt buye... Read more

Half Of CSF Intermediaries Inactive

The Australian Securities and Investments Commission couldn’t make up its mind in its latest review of the crowd-so... Read more

Covid-19: Tyre Companies Face Rising Inventories, Plan Production Cuts

The lifting of tyre stock from factories and transporting the same to auto manufacturers came to a grinding halt after t... Read more

Covid-19 Woes: IndiGo To Discontinue On-board Meal Service, Says CEO

The company will also run its airport buses at 50 per cent capacity when service resumes Read more

Industry To Face 'new Normal' Once Covid-19 Crisis Ends: Suresh Narayanan

Apart from adapting to changes like remote workplaces and stricter hygiene measures at manufacturing units, the crisis m... Read more

UK High Court Defers Bankruptcy Plea By SBI-led Banks Against Vijay Mallya

This bankruptcy petition is by any measure extraordinary. The banks are pressing for a bankruptcy order at a time when t... Read more

Air India Afloat Despite 'crippling Effect' Of Covid-19, Says Rajiv Bansal

Bansal, in a message on Thursday, also assured the employees of providing all the "essential armoury" in carrying out ev... Read more

Coronavirus To Derail Affordable Housing Segment's Growth Momentum

The current situation has sparked fears around income generation and employment which are going to put further strain on... Read more

How Retailers Upped The Ante To Deal With Supply Chain Constraints

The biggest lesson in the situation is redefining the hygiene of the shopping environment, which will now be an ongoing ... Read more

Unlisted NCDs May Be Treated As Terms Loans, Carry RBI Moratorium Benefit

Sebi is likely to allow corporate houses to treat unlisted non-convertible debentures as 'term loans'. Read more

L&T Board Approves Fund Raising Up To Rs 9000 Crore Via Various Instruments

In the current financial year, L&T is the second conglomerate putting provisions in place for a fund-raising Read more

Hindalco Gets EU Go-ahead To Buy Aleris For $2.6 Bn; Shares Up 7%

Hindalco shares closed at Rs 107 a share, as all clearance for the acquisition, which was announced in July 2018, finall... Read more