The editor 1514 posts 0 comments

CAIT said it has urged the prime minister to announce “an amnesty scheme with a cut-off date to protect more than 10 lakh traders from the onslaught of sealing which traders are facing since last 13 years”.Industry body CAIT has written…

The Indian Banks’ Association (IBA), headed by SBIChairman Rajnish Kumar, will come out with a framework around April to address issues related with consortium lending to industry and finding solution for alternate sources of borrowing…

The domestic market would track factors such as crude oil prices, rupee-dollar movement and investment trend by foreign investors.Equity markets may witness consolidation in the holiday-shortened week ahead amid lack of major triggers,…

MARKETWATCH FRONT PAGE There’s a tendency for one year’s stock-market dogs to recover the following year. See full story.With President Trump’s signature, the SECURE Act is passed — here are the…

BP had in 2011 bought 30 per cent stake in 21 oil and gas exploration and production blocks of Reliance for USD 7.2 billion. At that time, another 50:50 joint venture, India Gas Solutions, was set up for sourcing and marketing gas in…

RBI has given the task to a special supervisory cadre to monitor information coming from all banks, sources told FE.By Ankur MishraIn a move that will ensure that all banks present an accurate picture of stress on their books and…

Ratan Tata and Nandan Nilekani invested Rs 50 crore each into Avanti Finance two years ago.Avanti Finance, the microloan-focused NBFC promoted by Ratan Tataand Nandan Nilekani from their personal philanthropic funds, is looking to raise…

MARKETWATCH FRONT PAGE There’s a tendency for one year’s stock-market dogs to recover the following year. See full story.With President Trump’s signature, the SECURE Act is passed — here are the…

The affected ranitidine tablets were distributed directly to wholesalers, distributors, retailers and repackagers nationwide.Drug firm Glenmark Pharmaceutical Inc, USA said it is voluntarily recalling all unexpired lots of its ranitidine…

Violent protests rocked the state last week with agitators engaging in pitched battles with the police, forcing the administration to impose curfew in several places. (IE)Microfinance institutions which have started witnessing delay in…