The lenders will also get 15% stake in Jain Irrigation after the restructuring, said sources. By Ankur Mishra State Bank of India (SBI), the lead creditor to Jain Irrigation Systems (JISL), is likely to consider a Rs 4,000-crore debt restructuring plan for the company next week, sources close to the […]
Banking & Business
ICICI Bank has announced that it will sell up to 2% of its holding, which contributes to 6,442,000 equity shares with a face value of Rs 5 each, in its subsidiary ICICI Securities through an open market sale. “The board of directors of the bank approved the sale of up […]
Hindi News Tech auto Royal Enfield Meteor 350 Variant Details And New Images Leaked Ahead Of Launch नई दिल्लीएक घंटा पहले कॉपी लिंक रॉयल एनफील्ड मीटियर 350 को थंडरबर्ड और थंडरबर्ड X350 का रिप्लेसमेंट माना जा रहा है मीटियर 350 को थंडरबर्ड और थंडरबर्ड X350 का रिप्लेसमेंट माना जा रहा […]
NEW DELHI: TikTok chief executive officer Kevin Mayer has left the company and general manager Vanessa Pappas will replace him on an interim basis, according to an internal memo seen by Reuters. The development comes days after TikTok sued the Trump administration over an executive order banning transactions in the […]
Join us as we follow the top business news through the day. 10:20 AM Telecom subscriber base falls to 116.3 crore in May Telecom consumer base in the country dipped to around 116.36 crore in May but service providers were able to narrow the loss of subscriber base to 57.6 […]
The government on Wednesday clarified that businesses will be required to pay interest on delayed payment of Goods and Services Tax (GST) on the net cash tax liability instead of gross value of tax from “retrospective” effect, even as a formal order on this matter issued on Tuesday is effective […]
नई दिल्ली। आज यानि 27 अगस्त को दिल्ली में पेट्रोल का दाम आज 81.73 रुपये प्रति लीटर है। डीजल 73.56 रुपये में बिक रहा है। सभी तेल कंपनियों के पेट्रोल पंपों पर कीमतें समान हैं। आइये जानते है- पेट्रोल- डीजल- यह खबर भी पढ़े: गुरुवार, 27 अगस्त: जानिए, आज के […]
In the annual report for the financial year FY20, RBI said monetary and credit conditions moderated reflecting the weakening of underlying economic activity, with inflation remaining benign in the first half of the year before spiking on food price pressures in the later months. In FY20, scheduled commercial banks (SCB) […]
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period July 20, 2020 to July 24, 2020. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / […]
The sale is in accordance with the requirement of minimum public float of the company, the private sector lender said. ICICI Bank on Wednesday said it will sell up to 2 per cent of its holding in ICICI Securities through an open market transaction. “The Board of Directors of the […]