IL&FS had defaulted on a short-term loan worth Rs 1,000 crore from SIDBI, while a subsidiary also defaulted on Rs 500 crore dues.
The benchmark S&P 500 hit a session low on Monday after Axios reported that U.S. Deputy Attorney General Rod Rosenstein had resigned in anticipation of being fired by President Donald Trump. Rosenstein ...
Bengaluru, Sep 24 (IANS) American global software major Cognizant has appointed Michael Patsalos-Fox as its new Board Chairman, the company said on Monday. "The company's Board of Directors has elected ...
Indian authorities sought to calm markets on Monday but investors paid little heed as fears that the non-banking financial sector is facing a credit crunch hit domestic bonds, stocks and the rupee, adding to Friday's selloff. Finance Minister Arun Jaitley tweeted that "the Government will take
Incessant showers triggered floods and landslides as at least eight people were killed in J&K, Himachal Pradesh and Haryana.
The combined business of Dena Bank, Bank of Baroda and Vijaya Bank would make it second largest state-run bank, after SBI.
New Delhi, Sep 24 (IANS) Finance Minister Arun Jaitley will meet the heads of public sector banks (PSBs) on Tuesday to review their performance and to take stock of the sector reeling under non-performing assets (NPAs) and scams. "Finance Minister Arun Jaitley will chair the Annual Review Meeting
Mumbai, Sep 24 (IANS) Fears of major repayment defaults in the non-banking financial sector, along with rising crude oil prices and broadly negative global markets on trade protectionist measures, dragged ...
Germany's financial watchdog has ordered Deutsche Bank to do more to prevent money laundering and "terrorist financing," and has appointed a third party to assess progress. BaFin said on Monday this was the first time it had made such an appointment at a bank related to money laundering
French oil and energy group Total said on Monday it had made a major gas discovery on the Glendronach prospect, located off the coast of the Shetland islands in the North Sea. Total said preliminary tests on the new gas discovery confirmed good reservoir quality, permeability and well production deliverability
European stock markets traded in negative territory on Monday as fears of an escalating trade row between the United States and China spread from Asian markets, while oil rallied after OPEC ignored U.S. calls to raise global supply. The benchmark index for euro zone blue chips retreated 0.4 percent,
NBFCs have seen a perfect storm build up with liquidity tightening, rates rising and trust eroding, say analysts.
Gold edged higher on Monday after the dollar dropped following remarks by the head of the European Central Bank, although activity was muted ahead of a U.S. central bank meeting this week. Spot gold was up 0.3 percent at $1,202.59 an ounce by 1350 GMT, after declining as much as 1.3 percent on Friday
New Delhi [India], Sep 24 (ANI): The government on Monday extended the due date for filing Income Tax (IT) returns and audit reports till October 15 for the assessment year 2018-19. Initially, the due date for filing of IT returns and audit reports was September 30 for certain categories of taxpayers
Social media giant Facebook on Monday said it has appointed former Hotstar executive Ajit Mohan as Vice-President and Managing Director of its India operations.
New Delhi, Sep 24 (IANS) The overall median wage in the country across eight sectors was Rs 219.4 per hour in 2017, down 32.14 per cent on a year-on-year basis, a monster.com report showed on Monday. In 2016, the overall median wage was Rs 323.3 per hour, the Monster Salary Index showed. Among the
Apple's most-advanced iPhones, set to release in India on September 28, are already up for pre-orders on Flipkart, Jio, and Airtel. Those interested can get the iPhone Xs or iPhone Xs Max home delivered by pre-ordering today via any of the aforementioned retailers. However, only with Airtel, you
New Delhi, Sep 24 (IANS) The government on Monday extended the last date for filing of income tax returns and audit reports by companies for assessment year 2018-19 to October 15 from September 30, an official statement said. However, the Central Board of Direct Taxes (CBDT) said there will be no relief
The vacancies - all for legal consultants - are available on contract basis. Successful candidates are eligible to earn up to Rs 2.10 lakh per month.