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Its capital adequacy ratio (CAR) in the second quarter of 2019-20 was at 17.09 per cent against the regulatory requirement of 15 per cent.Diversified financial services company Cholamandalam Investment and Finance Company Ltd (CIFCL) on…

Market sources estimate the IPO size to be anywhere between Rs 1,500-1,600 crore.Computer Age Management Services (CAMS), which is backed by Warburg Pincus and the NSE, has filed draft papers with markets regulator Sebi to float an…

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The planemaker said some communications “raise questions” about Boeing’s interactions with the Federal Aviation Administration (FAA) in connection with the simulator qualification process.Boeing Co on Thursday released hundreds of…

Rashesh Shah writes and delivers lectures on topics related to financial markets, development, macroeconomic policies, and related matters.Shares of Edelweiss Financial plunged 10 per cent on media reports that group founder and chairman…

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The fund infusion comes as Zomato pushes for a bigger market share in the highly competitive Indian food delivery space in a race with rivals. (Reuters)India’s Zomato is raising $150 million from investor Ant Financial, an Alibaba…

IIP grew at 1.8 per cent in November 2019.Market HIGHLIGHTS: The factory output of India expanded for the first time in four months in November 2018. After three straight months of contraction till October, IIP grew at 1.8 per cent in…

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More than 60% of the power generated in India is still obtained from non-renewable sources, out of which coal has the maximum share.After allowing commercial mining of coal by private companies to boost domestic production, the Narendra…