SoftBank's latest fund wheeze sets off new alarms
SoftBank’s core competence is in a specific sector, technology, and a specific category, late-stage venture capital. It needs to be crystal clear about why it would have an edge in the listed markets. The new offshoot would engage in financial engineering by wrapping listed investments in leveraged structures.
RBI minutes: MPC members feel economy still hasn't bottomed out
Patra said indicators were not offering evidence yet that the downturn was bo...
Chief labour commissioner tells IBA and bank unions to resolve difference in 15 days
The issue of delay in bipartite wage settlement was disc...
Voda Idea likely to pay Rs 1,000 cr in AGR dues today: Source
So far, DoT estimates show Vodafone Idea has to pay Rs 56,709.49 crore to the government, of which it paid Rs 2500 crore on Monday with assurance that it will pay another Rs 1,000 crore by this Friday. Vodafone Idea though estimates its AGR dues to be around Rs 23,000 crore, of which Rs 7,000 crore is the principle amount, and the rest interest and penalties.
YES Bank to exit Nifty50 from March 27, Shree Cement to enter
NSE excluded ALL, Indiabulls Housing, L&T Finance, Voda and YES from Nifty 100 index.
Banks identify Simplex Infrastructures as NPA, resolution plans underway
United Bank of India (UBI), the leader of a consortium of 28 lenders, has identified Simplex Infra account as 'non-performing asset' (NPA) in the third quarter of FY20, people familiar with the matter said. Bank of India too marked Simplex Infra’s Rs 24.33 crore in working capital loan as NPA in February.
China stocks find footing on rate cut, policy support hopes
The Shanghai Composite index ended 1.8 per cent higher at 3,030.15.
Share market update: Pharma shares up; Dr Reddy's Lab gains 2%
The Nifty Pharma index was trading 0.59 per cent up at 8428.35 .
Reliance, HDFC twins pull Sensex lower; Nifty below 12,100
Market breadth was neutral as gainers and losers were almost equal in number on BSE.
With AGR ruling, banks fear surge in bad loans
SC's ruling puts at risk the nearly Rs 30,000 cr loans to Voda-Idea, whose survival is now at serious risk.
Global scenario not rosy, will impact MF sector: SEBI official
The official of the Securities and Exchange Board of India said that liquidity is an important benchmark.
Aditya Puri sells HDFC Bank stake valued at Rs 156 crore
Puri received stock options worth Rs 42.20 crore in FY19 compared to Rs 41.06 crore in the previous year.
Tokyo shares close higher as weaker yen lifts automakers; virus caps gains
The benchmark Nikkei average ended up 0.3 per cent at 23,479.15.
Wall Street steady as virus fears build; E*Trade surges on buyout deal
E*Trade jumped 24.2% after Morgan Stanley offered to buy it in a $13 billion stock deal, the biggest acquisition by a Wall Street bank since the global financial crisis.
Maharashtra Govt invites private builders to partner MHADA for Affordable Housing
MHADA will be picking up equity in these projects and facilitate faster approvals apart from additional support to the project. The modalities for these alliances will be finalised soon, he said at the CII real estate conference. Dubai-based listed realty developer Emaar Group has reached out to the government for the project.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service