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Finance

Oct 14, 2019, 03.47 PM IST
11,341.1536.1
Stock Analysis, IPO, Mutual Funds, Bonds & More
Rescue plan: Altico may offer to sell its assets

Altico’s asset sales could immediately fetch at least Rs 2,000 crore, market sources said.

DHFL inks pact to sell its entire wholesale book

Banks have signed the ICA and are working on the resolution proposal submitted by DHFL.

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia

While the group deleveraged some of its assets, its flagship Essar Steel was dragged to bankruptcy proceedings by lenders over unpaid loans.

India's microfinance sector remained strong despite slowdown: ICICI Securities

Captains at MFI firms believe that said that the slowdown is not felt in their sector as they finance making of goods for conspicuous consumption.

Credit Saison India gets NBFC licence from RBI

The company, which operates in the country under its registered name of Kisetsu Saison Finance India, has also received $30 million from the Tokyo Stock Exchange-listed parent entity.

Muthoot Finance to raise up to USD 2 bn from foreign markets to fund biz growth

The board approved the establishment of a Global Medium Term Note Programme for raising up to $2 billion through issuance of foreign currency bonds or rupee denominated bonds overseas

Start an SIP to fulfill your financial goals

Wealth creation is a long journey and becomes one of the most important goals when you start working. The earlier you plan the better it is in the near futur...

Mastercard India elevates Vikas Varma to COO

In his new role, Vikas will lead initiatives related to new partnerships and development of digital payments solutions in the country, a company statement said.

Edelweiss Financial Services arm moves court to recover dues from DHFL

The company has approached the court through its asset management subsidiary.

SoftBank-backed C2FO acquires Noida company

SoftBank and Mubadala Investment Company, has acquired Noida-based dynamic discounting solution provider Priority Vendor Technologies for an undisclosed sum.

Finance Minister Sitharaman to meet CEOs of PSU banks on Oct 14

Finance Minister Sitharaman to meet CEOs of PSU banks on Oct 14

The meeting is expected to review fund flow to stressed NBFC and MSME (micro, small and medium enterprises) sectors, sources said.

SFIO asks India’s top law firms to disclose all information related to IL&FS

SFIO asks India’s top law firms to disclose all information related to IL&FS

SFIO demands info for the past 10 years from top law firms who have reached out to IL&FS for its consent.

NCLT calls for Metalyst Forgings rebid

NCLT calls for Metalyst Forgings rebid

Deccan Value says its plan ‘vitiated’ as ‘incorrect info’ on asset was shared.

Sebi revokes restrictions on four promoter entities of IISL

Sebi revokes restrictions on four promoter entities of IISL

Sebi had placed trading restrictions on the promoters/ directors of the company.

Microfinance limits raised, sector gets shot in the arm

Microfinance limits raised, sector gets shot in the arm

RBI has raised the household income limit for availing micro loans while enhanced the lending limit to Rs 1.25 lakh per eligible borrower from Rs 1 lakh earlier.

DHFL lenders may have to take up to 30% haircut

DHFL lenders may have to take up to 30% haircut

A haircut on loan is a partial loss incurred by a creditor on the advances or deposits.

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