Budget 2020: Govt may infuse fresh capital into regional rural banks
The size of the capital infusion could be in the range of Rs 10,000-15,000 crore, which would be spread over a span of five years. Capital infusion in RRBs assumes importance as the government is finding ways to boost credit to the farm sector.
Buy SBI on dips, avoid aviation for now: Deepak Shenoy, Capital Mind
Deepak Shenoy, Founder, Capital Mind, says IT remains a cash-heavy stron...
Beijing reports capital's first death from coronavirus
The victim was a 50-year-old man who had visited the central city of Wuhan, the epicen...
ZestMoney CEO shares tips to beat fintech blues: Practise regulation, use capital judiciously
Is India’s consumer finance ecosystem prepared for these threats?
Cues on growth to come from fiscal deficit numbers: Nilesh Shah, Envision Capital
Nilesh Shah, MD & CEO, Envision Capital, says just saying that we will probably grow 6-7% may not satisfy the market and it is going to ask what is that fiscal deficit number that you have?
Share market update: BSE Capital Goods index down; Lakshmi Machine Works slumps 5%
The S&P BSE Capital Goods index was trading 0.48 per cent down at 17,481.72.
IDBI Capital maintains buy on APL Apollo Tubes, raises target price to Rs 2,486
The brokerage continues to believe the worst phase of profitability is complete for APL as steel prices have recovered slightly.
Ed-tech startup WizKlub raises Rs 7 cr in seed round
The company, founded in February 2018 by serial entrepreneur Amit Bansal, plans to use the fresh capital for product and market expansion.
Starved of openings, Chinese Cos cross Great Wall to India
Fewer Chinese startups going public, uncertainty after trade spat with US & sobering of valuations post WeWork.
'Bharti Airtel has not taken any import license since April, 2018'
According to various media reports, the Directorate of Foreign Trade (DGFT) has put Airtel on the 'Denied Entities List' following the non-fulfillment of export obligations under the EPCG scheme. As a result, Airtel’s import license stood cancelled and the company will not be able to avail any export benefit or licence from the DGFT.
Budget and taxes: How they pinch you?
Here is a lowdown on the taxes that you will get to hear in the Budget speech.
Warehousing stock grows at 25% y-o-y, total stock expected to cross 375 mn sq ft by 2023: Report
The warehousing stock of India is expected to cross 375 mn sq ft by 2023 with an increased share of Grade A stocks. Strong demand is expected to drive the market absorption and keep the vacancy below 10%, said JLL in its latest report.
Rockets hit near US embassy in Iraq capital: Security sources
One security source said three Katyusha rockets hit near the high-security compound while another said as many as five struck the area.
Lendingkart scales up team with addition of two senior directors
Under the company’s leadership, Lendingkart Finance has evaluated nearly half a million applications, disbursing 85,000 loans to more than 73,000 MSMEs, making it the NBFC with the largest geographical footprint in the country.
Share market update: BSE Capital Goods index flat; Graphite India dips 2%
The S&P BSE Capital Goods index was trading 0.06 per cent down at 17,716.07.
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