Centre Amends Insolvency Law, Increases Resolution Timeframe
The government increased the Insolvency and Bankruptcy Code (IBC) resolution timeframe to 330 days.
Yes Bank Standalone June 2019 Net Interest Income (NII) at Rs 2,280.85 crore, up 2.78% Y-o-Y
Budget Ensures Vigilance, Liquidity For Shadow Banks: India Ratings
According to India Ratings, the proposed framework will help in tackling the contagion risk by the regulator especially for extreme cases.
Mindtree Consolidated June 2019 Net Sales at Rs 1,834.20 crore, up 11.88% Y-o-Y
Duncan Eng Standalone June 2019 Net Sales at Rs 11.06 crore, up 2.53% Y-o-Y
Punjab & Sind Bank Reports Rs 238-Crore Fraud
Earlier this month, Punjab National Bank (PNB) said it had reported a borrowing fraud of Rs 3,805 crore in Bhushan Power’s account
Bill Gates Drops To World’s Third Richest, Bernard Arnault Moves To No. 2
LVMH, Bernard Arnault’s luxury-goods maker, advanced to a record Tuesday and pushed his net worth to $107.6 billion
Allahabad Bank Reports Rs 689-Crore Fraud
Earlier this month, Allahabad Bank had flagged a $259 million fraud by bankrupt steelmaker Bhushan Power & Steel Ltd
India Gets Rainfall 20% Below Average In Latest Week: Weather Office
Soybean- and cotton-growing central regions received 68 per cent less rainfall in the week.
Yes Bank Shares Slump Over 19%
On the Bombay Stock Exchange (BSE), Yes Bank shares fell 10.50 per cent to touch an intraday low of Rs 83.70.
LT Hydrocarbon Engineering bags over Rs 7,000 crore order from Saudi Aramco
NGT asks Delhi govt, corporations to deposit Rs 250 crore for removing waste at landfill sites
Colgate Standalone June 2019 Net Sales at Rs 1,084.86 crore, up 4.18% Y-o-Y
I-T dept attaches Rs 400 crore ‘benami’ plot in Noida belonging to Mayawati’s brother
Mayawati recently appointed Anand Kumar as the national vice president of the Bahujan Samaj Party.
RBI tells banks not to engage audit firm partners under lens
Accountancy firms which are not banned could also be forced to remove some of their senior partners from the audit process of a bank.
Colgate-Palmolive Net Profit Declines 11% In June Quarter
Colgate-Palmolive on Thursday said that its net profit in the April-June period declined 10.76 per cent to Rs 169.11.
