May 30, 2020 | 2:30 AM IST
idfc bank

IDFC announces 10% voluntary pay cuts for senior staff,…

The IDFC First bank has become the second after Kotak Mahindra Bank to announce that its senior management has volunteered to take a 10% cut in compensation…

home loan

Home loan borrowers can cheer-up as lenders slash…

It’s raining good news for home loan borrowers. The lending banks and corporations have reduced their interest rates on home loans giving for borrowers…

market

Credit rating company Moody’s predicts shrinking of…

The widely used credit rating company Moody’s Investors Service, on Wednesday, predicted that the global trade will see a sharp decline in consumer demand…

relief-schemes

Finance Minister doles out 11-point relief-schemes…

In the third tranche of splitting the Rs 20 lakh crore Coronavirus relief-package, Finance Minister Nirmala Sitharaman, on Friday, laid out an 11-point…

relief-package

Finance Minister breaks-up Rs 20L Cr Coronavirus relief-package…

Finance Minister Nirmala Sitharaman echoed Prime Minister Narendra Modi’s words of working towards an Aatma Nirbhar Bharat (self-reliant India) while…

Equity market

Equity market leaps over 4% after PM Modi’s 20L Cr…

After Prime Minister Narendra Modi announced a Rs 20 crore relief-package on Tuesday night, the domestic stock markets started with strong gains, on Wednesday,…

ril

RIL declares May 14 as record date for rights issue…

Reliance Industries Limited (RIL) has announced May 14 as the record date to determine shareholders for India’s biggest rights issue. This is RIL’s first…

market

SBI slashes Fixed Deposit interest rates; applicable…

The State Bank of India (SBI) has slashed the interest rates on Fixed Deposits (FD) for up to 3 years tenor and the new rates will come into effect from…

stock exchange

Asian Paints’s shares dip as news of RIL selling its…

Shares of Asian Paints reported a loss of over 2%, on Friday, on the Bombay Stock Exchange (BSE) after reports of Mukesh Ambani-led Reliance Industries…

stock market

HUL’s shares dip by 5% as Glaxo, Horlicks sell their…

Shares of Hindustan Unilever fell by 5% on Thursday after GlaxoSmithKline Pte (GSK) and Horlicks Limited sold their 5.69% stake in the company.At the…

Financial markets

Financial markets remain closed on account of Labour…

All trading markets including Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) remained closed on Friday on account of Labour Day and Maharashtra…

Axis Bank

Axis Bank’s CEO recommends complete lifting of lockdown…

Axis Bank’s Chief Executive Officer (CEO) Amitabh Chaudhry, on Wednesday, said unlike other countries, India implemented lockdown with no major financial…