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Business

Subhash Chandra, Naresh Goyal skips ED summons in Yes Bank case
Business / National / Special

Yes Bank crisis: ED summons Subhash Chandra, Thapar, Wadhawans

March 16, 2020March 17, 2020 - by IANS

Mumbai/New Delhi: As the Yes Bank probe gathers momentum, the Enforcement Directorate (ED) has now summoned all the large borrowers who were given loans by the Rana Kapoor-led management. An ED …

Yes Bank crisis: ED summons Subhash Chandra, Thapar, Wadhawans Read More
AGR case: SC seeks payment plan from telcos, criticises DoT demand from PSUs
Business / National / News Update

AGR: DoT seeks SC nod for 20-yr window for payment

March 16, 2020 - by IANS

New Delhi: In a relief for telecom operators, the Department of Telecommunications (DoT) on Monday moved the Supreme Court seeking an approval for a 20-year window for payment of around Rs …

AGR: DoT seeks SC nod for 20-yr window for payment Read More
Sensex hits 45K mark for first time ever
Business / News Update

Rout continues in D-Street, Sensex falls 2,500 points

March 16, 2020 - by IANS

Mumbai; Bloodbath in the stock markets continued during the afternoon trade on Monday as the BSE Sensex lost over 2,500 points and the Nifty50 was down over 700 points to …

Rout continues in D-Street, Sensex falls 2,500 points Read More
Business / National / News Update

Corona Impact: Reserve Bank expected to cut rates

March 16, 2020 - by IANS

Mumbai:  To deal with the economic fallout of coronavirus outbreak, the Reserve Bank of India is expected to ease key lending rate soon. Accordingly, industry watchers contend that RBI might …

Corona Impact: Reserve Bank expected to cut rates Read More
Business / News Update

Yes Bank shares up 45% as rescue plan kicks in

March 16, 2020 - by IANS

Mumbai: Shares of crisis-ridden Yes Bank soared on Monday as its reconstruction scheme has come into effect, and the bank has announced that it will resume full-fledged operations on March 18. …

Yes Bank shares up 45% as rescue plan kicks in Read More
PhonePe becomes India's fastest growing insure-tech distributor
Business / News Update

PhonePe brings Swiggy to its Switch platform

March 16, 2020 - by IANS

Bengaluru: India’s leading digital payments platform PhonePe on Monday said it has integrated food delivery major Swiggy on its Switch platform. With this partnership, PhonePe’s 200 million registered users can now …

PhonePe brings Swiggy to its Switch platform Read More
Business / International / News Update

COVID-19: US Federal Reserve cuts interest rate to zero 

March 16, 2020 - by IANS

New York: The Federal Reserve has taken the extraordinary action of slashing the interest rate effectively to zero in emergency action to prop up the US economy battered by the …

COVID-19: US Federal Reserve cuts interest rate to zero  Read More
WhatsApp launches new campaign to curb fake news amid COVID-19
Business / News Update

WhatsApp to bring self-destructing messages soon: Report

March 15, 2020 - by IANS

San Francisco: Facebook-owned WhatsApp after launching the much-awaited ‘Dark Mode’ feature for its users is now reportedly working on a new feature that will delete messages automatically after a stipulated time …

WhatsApp to bring self-destructing messages soon: Report Read More
Business / News Update

New rules for debit and credit cards kick in from Monday

March 15, 2020 - by IANS

New Delhi:  The new rules for debit and credit cards to increase security and reduce frauds kick in from Monday. In January, the Reserve Bank of India (RBI) had issued new …

New rules for debit and credit cards kick in from Monday Read More
Business / News Update

Yes Bank posts staggering Q3 standalone net loss of Rs 18,560 cr

March 15, 2020 - by IANS

Mumbai:  Financially troubled Yes Bank on Saturday reported a standalone net loss of Rs 18,560.31 crore for the third quarter of the financial year 2019-20. This is amongst the biggest …

Yes Bank posts staggering Q3 standalone net loss of Rs 18,560 cr Read More

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