Six more firms get SEBI’s nod to float IPO
New Delhi: As many as six companies including Aptus Value Housing Finance, CarTrade Tech, and Supriya Lifescience have received capital markets regulator Sebi's go-ahead...
Govt introduces bill to amend insolvency law in LS
New Delhi: Corporate Affairs Minister Nirmala Sitharaman on Monday introduced a bill in the Lok Sabha to replace an ordinance that amended the insolvency...
Rs 5.5 lakh cr of bad debt recovered through reforms such as IBC: Govt
New Delhi: Steps taken by the government such as enacting the Insolvency & Bankruptcy Code (IBC) have helped banks recover around Rs 5.5 lakh...
FinMin moves file for extension of 3 MDs, 10 EDs of govt-owned banks
New Delhi: The finance ministry has moved a file for the extension of tenure of three public sector banks' managing directors, including Punjab National...
Salary, pension and EMI payment rules to change from August
New Delhi: People will no longer have to wait for a working day for their salary to be credited into their accounts. From August...
RBI eases loan restrictions for bank directors, relatives
New Delhi: The Reserve Bank of India (RBI) has relaxed regulatory restrictions on loans and advances to bank directors and their relatives, six years...
Sebi consent not mandatory for compounding of offences under section 24A of Act: SC
New Delhi: The Supreme Court Friday held that the consent of the market regulator Sebi is not mandatory for the compounding of offences under...
RBI Eyes Phased Launch Of Its Own Digital Currency: Report
Mumbai: The Reserve Bank of India is considering a phased introduction of its own central bank digital currency (CBDC), deputy governor T. Rabi Shankar...
Adani Group firms under SEBI lens, Group says ‘have always been transparent’
Chennai: Securities regulator and customs authorities are investigating some Adani Group companies for non-compliance of rules, Minister of State for Finance Pankaj Chaudhary told...
Goldman Sachs to hire 2,000 in India
Hyderabad: Goldman Sachs on Monday said it's new office here would hire over 2,000 employees by 2023.
The new office is part of the investment...