Manipal-TPG-Temasek may sign 90-day exclusivity agreement with Medanta soon
TPG and Temasek backed Manipal Hospitals is all set to sign a time-bound exclusivity agreement to acquire a controlling stake in Naresh […]
Month: November 2018
Debt crisis: IL&FS may opt for roads, renewable projects auction
Troubled infrastructure group IL&FS, which has prepared a roadmap to resolve its debt crisis is believed to be now planning an auction […]
Lenders to take call on selective L&T IDPL bid on November 27
Lenders to Jaypee Infratech (JIL) will, on November 27, decide whether L&T Infrastructure Development Projects’ (IDPL) selective proposal for the bankrupt firm […]
Sebi taps ratings firms for NBFC health report
The lurking fear that non-banking finance companies (NBFCs) and housing finance firms could run into trouble continues to linger despite shadow banks […]
Finance Ministry likely to stick to capital infusion programme for PSU banks
The Finance Ministry would not curtail its capital infusion plan for this financial year even as state-owned banks would be needing fewer […]
All isn’t lost for banks under PCA as their retail loan pie jumps 4% to 19%: Report
The 11 state-run banks, which are under the Reserve Bank’s prompt corrective action (PCA) framework, has seen a 400 basis points increase […]
London-based Liberty House fails to make the payment for Amtek Auto
London-based Liberty House failed to make the payment for Amtek Auto on Thursday as the deadline set by the lenders came to […]
CAs demand stern action against non-members of ICAI
The Chartered Accountants (CAs) affiliated with the Institute of Chartered Accountants of India (ICAI) have warned the general public including trade and […]
Sebi comes out with new rules for re-classification of promoter as public investor
Markets regulator Sebi has come out with new rules for re-classification of a promoter as a public investor, wherein an outgoing promoter […]
Centre does not know how to manage institutions like RBI, CBI: Amit Mitra
Terming the RBI-government rift as a ”symptom of a disease” West Bengal Finance Minister Amit Mitra Friday said the Deputy Governor’s concern […]