RBI to inject Rs 40,000 crore in November
The Reserve Bank on Friday said it will inject Rs 40,000 crore into the system in November through the purchase of government securities […]
Month: October 2018
Yahoo to pay $50 million for damages over 2013 data breach
Yahoo will have to pay millions in damages as part of a settlement in the 2013 and 2014 mega data breach case. As […]
Forex reserves down by $942 mn to $393.523 bn; gold reserves unchanged: RBI
The country’s foreign exchange reserves declined by $942 million to $393.523 billion in the week to October 19 on account of a fall […]
Sebi fines Vistra ITCL Rs 5 lakh for violating debenture trustees norms
Markets regulator Sebi Friday imposed a penalty of Rs 5 lakh on debenture trustee Vistra ITCL India (formerly known as IL&FS Trust Company) […]
ICICI Bank Q2 net profit dips 55 % to Rs nine billion, NPAs rise
Private lender ICICI Bank saw its net profit for the September quarter dip more than half over the year-ago quarter. Net profit for […]
Liquidity stress in financial institutions overstated, says FinMin official
A top finance ministry official on October 25 said the liquidity stress in financial institutions is overstated allaying fears of a liquidity […]
With innovator growth platform, Sebi eases startup listing norms
Market regulator Securities and Exchange Board of India (Sebi) has recommended radical changes to make the existing institutional trading platform (ITP), which was […]
Promoter’s offer should not be ignored for process lacunae: Essar Steel
With lenders picking ArcelorMittal for Essar Steel takeover, the debt-laden company Friday said the committee of creditors should consider the Rs 54,389 […]
ArcelorMittal wins bids to take over Essar Steel for Rs 42,000 crore
NRI billionaire Lakshmi Mittal-led ArcelorMittal Friday said it has won a bid to acquire debt-laden Essar Steel for over Rs 42,000 crore a […]
NCLAT acts on Sebi plea, stays NCLT’s Assam Company takeover order
Acting upon a petition filed by the Securities Exchange Board of India (Sebi), the National Company Law Appellate Tribunal (NCLAT), has stayed […]