Nirmala Sitharaman made important announcements about the education and skill development sectors in her budget speech on February 1, 2020. (Photos: India Today/Vikram Sharma and Lok Sabha TV) Finance Minister Nirmala Sitharaman announced an allocation of Rs 99,300 crore for the education sector and Rs 3000 crore for skill development ... Read More »
Contribution of the country’s small towns to mutual funds asset base surged 46 per cent to Rs.3.5 lakh crore by June-end due to initiatives taken by markets watchdog Sebi and the sectoral regulator Amfi. Mutual funds’ assets under management (AUM) from B15 locations – small towns beyond top 15 (T15) ... Read More »
Enthused by speedy recovery of loans worth $2.5 billion by three lenders, including ICICI Bank, within days of a mega $13-billion Essar deal, banks are now looking at the resolution of stressed assets totalling about 1.50 lakh crore in the coming months. Having broadly completed the first two stages of ... Read More »
// div, .story-content .p-content > div br, .story-content .p-content > p’ ,format : "inread" ,mobile : false ,BTF : false ,css : "min-width:600px" }); (function (d) { var js, s = d.getElementsByTagName(‘script’)[0]; js = d.createElement(‘script’); js.async = true; js.src = ‘//cdn.teads.tv/media/format.js’; s.parentNode.insertBefore(js, s); })(window.document); // ]]>// g?c=a+f+c:(g+=f.length,f=a.indexOf("&",g),c=0<=f?a.substring(0,g)+c+a.substring(f):a.substring(0,g)+c)}return 2E3<c.length?void 0!==d?da(a,b,d,void ... Read More »
The Centre on Thursday announced a ‘special assistance’ of Rs. 1,976.5 crore for residual Andhra Pradesh to help it tide over the financial impact caused by the bifurcation of the erstwhile undivided State. MPs from the State had raised the issue in the recently-concluded session of Parliament and the State ... Read More »
Embattled real estate firm Unitech Ltd. was on Wednesday directed by the Supreme Court to deposit Rs. 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurugram project but not got possession on time. “We feel pained,” a Bench of Justices Dipak Misra ... Read More »
Embattled real estate firm Unitech Ltd. was on Wednesday directed by the Supreme Court to deposit Rs. 15 crore principal amount by September-end to pay back investors who had bought flats in its Gurugram project but not got possession on time. “We feel pained,” a Bench of Justices Dipak Misra ... Read More »
Indiabulls Real Estate said that it has raised Rs 25 crore by issuing non-convertible debentures (NCDs). Last month, the Mumbai-based company had announced that it proposed to raise up to Rs 200 crore through issue of NCDs on a private placement basis. So far, the company has raised Rs 131 crore in three tranches. ... Read More »
Devireddy, head cashier in the State Bank of Mysore branch in Sirguppa, is reported to be missing after allegedly taking away Rs. 1.5 crore in cash from the bank’s currency chest. Based on a complaint from the Chief Manager of the bank, Ravi Hegde, on Tuesday, Sirguppa police swung into ... Read More »
