Archive Detail
Title | Description | Posted Date |
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ICICI Bank board okays Rs 1,000 cr inves | Mumbai, March 13 (TIWN) ICICI Bank on Friday said its Board of Directors has approved an investment of up to Rs 1,000 crore in equity shares of Yes bank. With this development, ICICI Bank becomes the first private sector lender to approve investment in the crisis-ridden Yes Bank. | 13-Mar-2020 |
Air India EoI extended to April 30 amid | New Delhi, March 13 (TIWN) With COVID-19 crisis escalating by the day impacting market and business sentiments, the government has extended the date for submitting the bids for buying 100 per cent stake in national carrier Air India by almost a month and half to April 30. | 13-Mar-2020 |
Qantas repays over $4mn to staff it unde | Canberra, March 13 (TIWN) Australian flag carrier Qantas has agreed to repay more than AU$7 million ($4 million) in wages and entitlements to head office, corporate and administrative staff who were underpaid for the last eight years, it was announced on Friday. | 13-Mar-2020 |
Stock markets formally enter bear zone; | Mumbai, March 12 (TIWN) With a sell-off across segments, Indian stock markets formally moved into the bear zone and the BSE Sensex registered its biggest single-day fall of over 2,900 points. | 12-Mar-2020 |
PMC bank scam: Ex-director, 2 valuers ar | Mumbai, March 12 (TIWN) The Mumbai Police Economic Offences Wing (EOW) has arrested a former director of Punjab and Maharashtra Cooperative (PMC) Bank and two of its valuers in connection with the ongoing probe into the Rs 4,355-crore scam, an official said here on Thursday. | 12-Mar-2020 |
'Yes Bank restructuring may intensify NB | Mumbai, March 12 (TIWN) India's non-bank financial institutions (NBFI) will likely face renewed pressure on funding and liquidity following the Reserve Bank of India's takeover of Yes Bank, Fitch Ratings said on Wednesday. | 12-Mar-2020 |
COVID-19: Karnataka reinforces virus con | Bengaluru, March 12 (TIWN) The Karnataka government on Wednesday reinforced COVID-19 containment and surveillance measures following four positive cases in the state, an official said on Wednesday. | 12-Mar-2020 |
RBL Bank says it is well capitalised, co | New Delhi, March 12 (TIWN) Amidst concerns of stability and asset quality of RBL Bank, the private lender on Friday said that it has adequate capital and there has been no adverse change in the asset quality. | 12-Mar-2020 |
Yes Bank customers can use NEFT for loan | New Delhi, March 10 (TIWN) Yes Bank, which is under moratorium, provided some relief to its customers who can now make certain payments through instant money transfer services - National Electronic Funds Transfer (NEFT) and Immediate Payment Service (IMPS). | 10-Mar-2020 |
US dollar weakens amid risk-off sentimen | New York, March 10 (TIWN) The US dollar lost strength on Monday against traditional safe-haven currencies like Japanese yen and Swiss franc as investors' risk appetite diminished amid oil shock. | 10-Mar-2020 |
Rupee already above 74/$, likely to see | New Delhi, March 10 (TIWN) The Indian rupee has breached the 74 per dollar mark and experts feel that with continued global economic concerns and possibilities of further plunge in financial and oil markets, it may continue to witness volatility in the coming days. | 10-Mar-2020 |
Mukesh Ambani no longer Asia's richest, | New Delhi, March 10 (TIWN) Reliance Industries Chairman Mukesh Ambani is no longer the richest man in Asia, owing to the recent freefall in oil prices. | 10-Mar-2020 |
Yes Bank enables inward IMPS, NEFT trans | New Delhi, March 10 (TIWN) Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services. | 10-Mar-2020 |
YSR Congress seeks probe into Naidu's 'l | Amaravati, March 9 (TIWN) Andhra Pradesh's ruling YSR Congress Party on Monday demanded a probe by the central investigation agencies into the link between Yes Bank and former Chief Minister N. Chandrababu Naidu. | 09-Mar-2020 |
GoAir waives cancellation fees on ticket | New Delhi, March 8 (TIWN) Budget airline GoAir on Sunday said that it will not charge cancellation and rebooking fees on tickets booked till April 30. | 08-Mar-2020 |
Petrol, diesel prices cut for fourth str | New Delhi, March 9 (TIWN) Petrol and diesel prices fell for the fourth consecutive day on Sunday. Oil marketing companies continued to cut fuel prices by 18-20 paise per litre across different metro cities. | 09-Mar-2020 |
Yes Bank: ED widens probe, searches Kapo | Mumbai/New Delhi, March 9 (TIWN) While the Enforcement Directorate kept grilling Yes Bank founder Rana Kapoor in Mumbai, the central probe agency widened its probe and carried out searches at the residence of his three daughters. | 09-Mar-2020 |
New B'luru-Goa express train flagged off | Bengaluru, March 9 (TIWN) South Western Railway (SWR) zone on Saturday flagged off a new daily express train, connecting the tech city and Vasco Da Gama in Goa fulfilling a long standing demand of the coastal region. | 09-Mar-2020 |
Yes Bank fiasco a part of mismanagement | New Delhi, March 8 (TIWN) Senior Congress leader and former Finance Minister P. Chidambaram on Saturday hit back at the Modi government over the Yes Bank crisis, saying India's fifth largest private sector bank fiasco is only part of the mismanagement of financial institutions under the watch of the BJP government. | 08-Mar-2020 |
Corona: Crude tumbles, Brent at lowest s | New Delhi, March 7 (TIWN) International crude oil prices went into downward spiral after major oil producers failed to reach an agreement to reduce production, as concerns about coronavirus impact spread across the globe. | 07-Mar-2020 |
Shimla, Manali under snow cover again | Shimla, March 7 (TIWN) After a long break, popular tourist resorts Shimla, Manali and Dalhousie got fresh snow on Saturday, while the lower hills across Himachal Pradesh experienced rains, pushing down the mercury by several notches. | 07-Mar-2020 |
Open gambling in front of Police turned | AGARTALA, March 6 (TIWN): Video goes viral where police officials are guarding a gambling gathering in a rural fair at Santir Bazar’s Debdaru area. | 06-Mar-2020 |
Vodafone CEO Reed meets Sitharaman, Pras | New Delhi, March 6 (TIWN) Vodafone Group CEO Nick Reed, accompanied by Vodafone India MD and CEO Ravinder Takkar, on Friday met Communications Minister Ravi Shankar Prasad, seeking relief to be able to meet the AGR demands and remain in business. | 06-Mar-2020 |
Sensex plunges over 1,450 points, Nifty | Mumbai, March 6 (TIWN) The Indian equity indices slumped on Friday morning, with the BSE Sensex falling over 1,450 points | 05-Mar-2020 |
Court dismisses Kochhar's plea against h | Mumbai, March 6 (TIWN) In a major setback to former chief of ICICI Bank, the Bombay High Court has dismissed Chanda Kochhar's plea challenging her termination as the bank's Managing Director and CEO on Thursday. | 06-Mar-2020 |
FinMin doing ground work on sovereign bo | New Delhi, March 6 (TIWN) The Finance Ministry is preparing the required groundwork for likely raising a part of the gross borrowing programme in overseas markets in external currencies, sources said. | 06-Mar-2020 |
Hindware Appliances enters ceiling fans | New Delhi, March 5 (TIWN) Somany Home Innovation Limited, makers of Hindware Appliances, on Thursday forayed into the consumer appliances segment with ceiling fans under its popular brand 'Hindware Snowcrest.' | 05-Mar-2020 |
Realme eyes 40% offline market share in | New Delhi, March 5 (TIWN) After cementing its position in the online segment in India, Chinese smartphone maker Realme is now eyeing 40 per cent in offline sales this year, the company's CEO Madhav Sheth said on Thursday. | 05-Mar-2020 |
Stamp duty on new flats cut 3% in Karnat | Bengaluru, March 5 (TIWN) To promote affordable housing, stamp duty on new flats or apartments costing less than Rs 20 lakh would be reduced to 2 per cent from 5 per cent from April 1, said state chief minister B.S. Yediyurappa on Thursday. | 05-Mar-2020 |
Cabinet nod to bank mergers, FM says wil | New Delhi, March 4 (TIWN) The Union Cabinet on Wednesday approved the mega consolidation in public sector banks (PSBs) with effect from April 1, under which 10 state-run banks would be transformed into 4 big banks. It also approved the scheme of merger submitted by the banks concerned which will be part of the process, which, the government said, would lead to big-ticket lending. | 04-Mar-2020 |
After US-Taliban peace deal, more turmoi | New Delhi/Kabul, March 4 (TIWN) Since the US and Taliban inked their peace deal, Afghanistan has been fast heading towards greater instability and political turmoil. | 04-Mar-2020 |
Airline execs wary of being at Wings Ind | New Delhi, March 4 (TIWN) Even as many airline executives are wary of participating in the government's flagship aviation event Wings India, the Civil Aviation Ministry has decided to continue with the mega air show. | 04-Mar-2020 |
Ministry issues advisory on COVID-19 to | New Delhi, March 4 (TIWN) In light of the global crisis caused by the outbreak of the highly contagious coronavirus, the Sports Ministry has asked the National Sports Federations (NSFs) to adhere to the World Health Organisation (WHO) guidelines before sending its athletes outside the country for training and international competitions. | 04-Mar-2020 |
COVID-19 slower than flu but more danger | New Delhi, March 4 (TIWN) The World Health Organisation (WHO) has observed that the novel coronavirus (COVID-19) spreads less efficiently than the influenza or flu virus. However, the WHO also noted that the illness caused by COVID-19 is more severe than that of the flu. | 04-Mar-2020 |
Markets snap 7 day losing streak, Sensex | Mumbai, March 3 (TIWN) Sensex snapped its longest losing streak this year, adding 480 points on Tuesday after major central banks across the globe indicated that they will ease lending rates in response to the coronavirus outbreak. | 03-Mar-2020 |
COVID-19: Govt restricts export of certa | New Delhi, March 3 (TIWN) The Directorate General of Foreign Trade (DGFT) on Tuesday restricted the export of several active pharmaceutical ingredients (API) and formulatins made from these APIs including paracetamol, and tinidazole, on concerns of shortage of drugs in the country. | 03-Mar-2020 |
Markets snap 7 day losing streak, Sensex | Mumbai, March 3 (TIWN) Sensex snapped its longest losing streak this year, adding 480 points on Tuesday after major central banks across the globe indicated that they will ease lending rates in response to the coronavirus outbreak. | 03-Mar-2020 |
Onions export ban to be lifted from Marc | New Delhi, March 3 (TIWN) The Centre on Monday decided to lift the export ban on onions from March 15. | 03-Mar-2020 |
Fitch cuts India growth forecast to 4.9% | New Delhi, March 3 (TIWN) Fitch Ratings on Monday cut its forecast for India's economic growth to 4.9 per cent in the current fiscal on weak domestic demand and supply chain disruptions due to the coronavirus outbreak. | 03-Mar-2020 |
Delhi violence: PMO calls meet with insu | New Delhi, March 3 (TIWN) The Prime Minister's Office has called a meeting with the state insurers on quick and hassle-free settlement of the claims coming from the riot-hit areas in northeast Delhi as the situation in the area limps back towards normalcy. Though these are initial days, preliminary estimates show that there could be insurance claims to the tune of Rs 10-15 crore which could go up as surveyors start assessing the situation once full normalcy returns. | 03-Mar-2020 |
TVS Motor sells 2.53 lakh units in Febru | Chennai, March 2 (TIWN) Two- and three-wheeler maker TVS Motor Company on Monday said it sold 253,261 units last month, down from 299,353 units sold in February 2019. | 02-Mar-2020 |
Thoma Bravo completes acquisition of Sop | London, March 2 (TIWN) Thoma Bravo, a US-based private equity firm focused on the software and technology-enabled services sectors, has completed the acquisition of Sophos in a cash transaction that values the Britain-based cybersecurity solutions firm at approximately $3.9 billion. | 02-Mar-2020 |
Taxation, GST collection raised in India | New Delhi, March 1 (TIWN) The gross Goods and Services Tax (GST) revenue collection in the month of February stayed above the Rs 1 lakh crore mark for the fourth consecutive month, at Rs 1.05 lakh crore. | 01-Mar-2020 |
DBT, GST globally acknowledged as silent | New Delhi, March 1 (TIWN) Finance Minister Nirmala Sitharaman on Sunday said GST and direct benefit transfers (DBT) are the two silent revolutions in India's public finance system which are now being globally acknowledged and over Rs 1 lakh crore have been saved because of the DBT. | 01-Mar-2020 |
GST collection up 8.3% in February at Rs | New Delhi, March 1 (TIWN) The gross Goods and Services Tax (GST) revenue collection in the month of February stayed above the Rs 1 lakh crore mark for the fourth consecutive month, at Rs 1.05 lakh crore. | 01-Mar-2020 |
DoT to ask Vodafone Idea for payment thi | New Delhi, March 1 (TIWN) With Airtel and Tata Teleservice having submitted their self assessment figures on AGR which though are subject to DoT reconciliation, the government will ask Vodafone Idea this week to apprise them of their numbers and submit the dues simultaneously. | 01-Mar-2020 |
Relief to consumers as fuel prices cut s | New Delhi, March 1 (TIWN) The fuel prices saw further decline as the price of petrol was cut by 17 paise and that of diesel by 21 paise on Sunday. | 01-Mar-2020 |
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