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Yes Bank board approves plan to raise up to Rs 10,000 crore via debt

Yes Bank board approves plan to raise up to Rs 10,000 crore via debt

Yes Bank on Thursday received board approval for raising up to Rs 10,000 crore by issuing debt securities.The board of directors in its m...Read More

Results: Shriram Life Insurance net profit jumps three-fold to Rs 106 crore in FY21

Results: Shriram Life Insurance net profit jumps three-fold to Rs 106 crore in FY21

Shriram Life Insurance Company on Friday reported a three-fold jump in profit after tax to Rs 106 crore for the fiscal year ended March ...Read More

HDFC sells stake worth Rs 236 crore in HDFC ERGO

HDFC sells stake worth Rs 236 crore in HDFC ERGO

Housing Development Finance Corporation (HDFC) has sold 44,12,000 equity shares representing 0.62 per cent of the issued and paid-up shar...Read More

Results: LTTS Q4 net profit falls to Rs 195 crore; Board recommends dividend of Rs 14.5 per equity share

Results: LTTS Q4 net profit falls to Rs 195 crore; Board recommends dividend of Rs 14.5 per equity share

Larsen & Toubro Technology Services (LTTS) on Monday posted a 5 per cent decline in consolidated net profit at Rs 194.5 crore in the ...Read More

Results: LIC-owned IDBI Bank posts profit of Rs 1,359 crore after 5 years

Results: LIC-owned IDBI Bank posts profit of Rs 1,359 crore after 5 years

LIC-controlled IDBI Bank turned profitable in the fiscal ended in March 2021 after five years, posting a net profit of Rs 1,359 crore for...Read More

RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses

RBI imposes penalty of Rs 7 crore on SBI for regulatory lapses

Regulatory lapses relate to bad loans classification, fraud risk management and reporting of frauds

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Direct tax mop-up jumps 25% to Rs 1.24 lakh cr in Apr-Jun

New Delhi : Direct tax collection registered a growth of 24.79 per cent to Rs 1.24 lakh crore during April- June period, mainly on accoun...Read More

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Maharashtra government to provide bank guarantee for addl loans to farmers: Minister Chandrakant Patil

Mumbai: To enable banks to distribute more loans to farmers, the State government has approved a bank guarantee of Rs 2,000 crore, minist...Read More

Spurt in indirect tax mop up to help govt meet FY16 target

Spurt in indirect tax mop up to help govt meet FY16 target

Of the Rs 14.49 lakh crore budgeted tax revenue target for 2015-16, Rs 7.97 lakh crore was estimated to come from direct taxes (corporate...Read More

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Govt gets Rs 726 cr via 2nd tranche of gold bond scheme

New Delhi : The government has received subscription for 2,790 kg gold amounting to Rs 726 crore under the second tranche of sovereign go...Read More

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State to repair Dauphin chopper, save Rs 100 cr

Mumbai : The State Government has decided to repair and start reusing its old Dauphin helicopter. The decision would save over Rs 100 cro...Read More

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Reliance MF to buy Goldman Sachs India mutual fund biz for Rs 243 cr

The deal will make Reliance the exclusive fund manager for govt’s CPSE Exchange Traded Fund

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Banks given 15 days to disburse soft loans to sugar mills

New Delhi : The government has given 15 more days to banks for disbursing Rs 1,900 crore soft loans to sugar mills to help them clear can...Read More

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Govt to borrow Rs 2.49L cr in October-March

Mumbai : The government will raise Rs 2.49 lakh crore through market borrowings, including Rs 15,000 crore via sovereign gold bonds, in t...Read More

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BMC pays global prices for local product

Mumbai : The BMC has received a complaint regarding alleged corruption of Rs 3.62 crore in acquisition of 31 Integrated Anaesthesia Work ...Read More

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Bata India Q1 net rises 55% to Rs 92 crore

New Delhi : Footwear major Bata India  posted a 55.2 per cent rise in net profit at Rs 92.2 crore for the first quarter ended June.  The ...Read More

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Caste data held back to ‘hide the truth’: Govt

More than 8.19 crore errors were detected in the data of which 1.45 crore faults continue to exist

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Suspended MHADA officer’s assets worth Rs 56 crore attached

Mumbai : The Enforcement Directorate (ED) on Wednesday attached assets worth Rs 56 crores of suspended MHADA deputy collector Nitish Thak...Read More

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Five-fold jump in gold smuggling

New Delhi : There has been an unprecedented five-time jump in cases of gold smuggling in 2014-15 over 2012-13 during which yellow metal w...Read More

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MBMC contractors default on payment, issue 2 cr dud cheques

MBMC appears to have two completely different yardsticks when it comes to recovering dues from the Aam-Aadmi and contractors

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