DHFL bounces back after a dip of 38 per cent
The Dewan Housing Finance Corporation (DHFL) on Tuesday bounced back after suffering a huge selloff a day before and surged six per cent after the company…
SBI waives charges on electronic fund transfers to…
In a bid to encourage customers to use digital payment mode, the State Bank of India (SBI) has waived charges on most electronic fund transfer modes.…
SBI’s Anshula Kant is World Bank’s MD, CFO
Chief Financial Officer (CFO) and Managing Director (MD) of State Bank of India Anshula Kant has been appointed as World Bank’s MD and CFO. The announcement…
IBM closes $34 bn deal to buy Red Hat to boost clouds…
International Business Machines Corp (IBM) on Tuesday wrapped up its $34 billion acquisition of Software Company Red Hat Inc completing what is one of…
NRI ‘residential’ status under IT’s scanner
The Income Tax department’s investigation wing has issued notices to Non-resident Indians (NRIs) for reopening tax assessments of the past five to six…
Yes Bank soars to 7 per cent high after 5-yr dip
After hitting a five-year low, Yes Bank came back with a bang of 7 per cent hike in share market on Monday. This was after the private sector lender clarified…
Another scam worth Rs 38.05 rocks PNB
The Punjab National Bank (PNB) on Saturday said it recently reported the Reserve Bank of India (RBI) a borrowing fraud of Rs 38.05 billion ($556 million)…
Slashed Corporation tax could benefit 4K companies
Reducing Corporation tax rate to 25 per cent in a current financial budget will benefit around 4,000 companies as the centre plans to forego Rs 3,000…
Budget 2019: FM proposes making India a $5-trillion…
Finance Minister Nirmala Sitharaman presented her first union budget for the second term of Narendra Modi government on Friday. The Minister reached the…
FM asks PSBs to review MSME credit facilities, adopt…
The Finance Ministry has instructed the Public Sector Banks (PSB) chief executives to assign a chief general manager, or a general manager-level officer…
Free premium subscriptions to Rs 1099 Airtel plan…
Earlier Telecom service provider Bharati Airtel announced that it will give free Netflix, Amazon Prime and Zee5 subscriptions to its broadband users under…
FM Sitharaman visits former PM Dr Singh before her…
Barely a week before presenting the Union Budget, Finance Minister Nirmala Sitharaman paid a courtesy visit to former Prime Minister Dr Manmohan Singh…
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