Amazon, Samara seek CCI nod to acquire More supermarket chain
Amazon.com NV Investment Holdings LCC, the investment arm of US online retail giant Amazon Inc., and private equity firm Samara Capital have […]
Month: October 2018
SBI plans to raise up to Rs 25,000 crore in FY19
The country’s largest bank SBI said Monday it seeks to raise up to Rs 25,000 crore during the current financial year, including up […]
Large private banks set to gain big amid NBFC turmoil, rising rates: MS
Large private sector banks in India are well-positioned and look set to dominate the Indian financial industry going ahead feels Morgan Stanley. The […]
With system-wide NPAs worse than Pakistan & Botswana, the Indian banking sector is in a mess
The Indian banking sector is in deep trouble. No, I am not referring to the 25%-50% crashes the stock prices of lenders […]
Indian banks’ profitability weaker than BRICS peers, to improve next fiscal: Moody’s
Moody’s Investors Service Monday said the profitability of Indian banks is distinctively weak compared to those in BRICS nations, but it will improve from […]
Sebi raises red flag on massive commissions in large MFs’ margin maths
The Securities and Exchange Board of India (Sebi) has raised the red flag on large fund houses’ range-bound profit margins while rationalising the […]
SEBI further improves transparency in MFs
From now on, all scheme-related expenses including commissions, shall be paid from the scheme only and not from the books of the asset […]
IL&FS board appoints financial, restructuring advisors for turnaround plan
The newly-reconstituted board of directors of Infrastructure Leasing and Financial Services (IL&FS) has appointed two financial and transaction advisors (FTAs), as well as […]
SC ruling on Quantum Securities plea could impact recent orders by SAT
The Supreme Court of India on Wednesday will take up an appeal filed by Quantum Securities challenging an order passed by the Securities […]
SAT rejects PW plea to extend relief till Mar 2020 to carry out audit work of existing clients
The Securities Appellate Tribunal (SAT) has rejected a plea filed by Price Waterhouse and its network entities to extend by a year till March […]