LiveCredit Suisse and UBS Under Pressure to Merge
Credit Suisse Group AG began a make-or-break weekend as regulators urged it to strike a deal with Swiss rival UBS AG, with some rivals turning...
Category : Latest News
RBI Imposes Rs 5 Lakh Fine on HDFC
On Friday, the Reserve Bank of India said it had fined Housing Development Finance Corporation Limited (HDFC) Rs 5 lakh for non-compliance with specific regulations...
Centre Removes Investment Cap for NTPC’s Green Power Arm
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has exempted India’s largest power generation company and Maharatna PSU NTPC Limited...
Cochin Shipyard Wins Order for World’s First Zero-Emission Feeder Container Vessels
Cochin Shipyard Limited (CSL) has received an order worth Rs 550 crore from a global logistics provider to design and build two “zero emission feeder...
Ahan-I Sells Stake in Biocon for Rs 380 Crore
On Friday, hedge fund Ahan-I Ltd sold a 1.57% stake in pharmaceutical company Biocon for Rs 380 crore through an open market transaction. The bulk...
Wall Street Stocks Slid Sharply, Indices Saw Weekly Gains
Wall Street closed lower on Friday after a turbulent week, mainly as dark clouds gathered about an ongoing crisis in the banking sector and a...
Turkey Begins Ratifying Finland’s NATO Membership, Sweden Must Wait
On Friday, Turkish President Recep Tayyip Erdogan ended months of diplomatic delays and asked parliament to support Finland’s bid to join NATO quickly. Opponents in...
ICC Issues Arrest Warrant for Russian President Vladimir Putin Over War Crimes in Ukraine
On Friday, the International Criminal Court (ICC) issued an arrest warrant for Russian President Vladimir Putin, accusing him of being responsible for war crimes in...
Cabinet Approves Listing of IREDA Through Part-Sale of Govt Holding
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the listing of IREDA, a Central Public Sector Enterprise (CPSE)...
NCLT Approves Propel Plastic Products-Plastauto Bid for Sintex-BAPL
On Friday, the National Company Law Tribunal (NCLT) approved the bid for debt-laden Sintex-BAPL by a consortium comprising Propel Plastic Products Pvt Ltd and Plastauto...