India, Japan favour strong action against terror infrastructure and terror financing
The Ministers condemned in the strongest terms the growing threat of terrorism and acknowledged that it constituted a major threat to peace and security in the region. The Ministers called upon all countries take resolute action in rooting out terrorist safe havens and infrastructure.
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side ...
Geojit Finance upgrades Minda to 'accumulate'
At the current prices, the target implies an upside of 12%.
ET Awards 2019: Company Of The Year Award given to Bajaj Finance
Managing Director & CEO of Bajaj Finserv Ltd., Rajeev Jain along with Sanjiv Bajaj receive Company Of The Year Award given to Bajaj Finance....
Muthoot Finance NCD issue to offer up to 10%
The issue has a base size of Rs 100 crore with an option to retain oversubscription of up to Rs 690 crore.
RBI writes to Fin Min seeking changes in Banking Regulation Act
The Reserve Bank of India (RBI) has written to Finance ministry seeking changes in the Banking Regulation Act. Changes like authority to con...
Business decisions taken by bank officials won’t be questioned: PM
The PM said his government is promoting professionalism especially in civil services.
Growth down, but no fear of recession: Finance minister
Nirmala Sitharaman blamed the slowing of GDP growth in the last two financial years on the lagged effect of the so-called twin balance sheet crisis — stress on banks due to nonperforming assets or bad loans on the one hand and heavily indebted corporates on the other. She blamed this on the Congress-led UPA government’s policies.
Essel Group's head of finance & strategy Himanshu Mody quits
An old hand at the Essel Group, Himanshu Mody was heading the group’s finance & strategy vertical, for its businesses in Media & Entertainment, News & Information, Education, Infrastructure, Gold Refinery, Gaming, Wellness and Lifestyle. He was spearheading the entire divestment process at Essel Group.
Cabinet extends term of 15th Finance Commission
The Union government extended the term of 15th Finance Commission that is headed by N K Sinha to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by October 30, 2020. This will help the commission examine various comparable estimates for financial projections in view of reforms and to finalise its recommendations.
Home First Finance files for Rs 1,500 crore IPO
The offering comes at a time when the shadow banking industry is battling a credit crunch.
Finance firms’ bankruptcy: Fail, and pass the test
The collapse of IL&FS froze the credit markets and the contagion spread.
Buy LIC Housing Finance, price target Rs 490: CK Narayan
The analyst suggested a stoploss at Rs 454.
Goldman Sachs initiates buy on L&T Finance, target price Rs 140
L&T Finance is one of India’s largest non-bank lenders by loan size with a diversified loan portfolio.
Stocks in the news: YES Bank, Airtel, Tata Motors, HCL Tech and L&T Finance
Vodafone Idea announced new plans under which call and data charges will be dearer for its pre-paid customers.
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