Air traffic spikes by 11.2%; more passengers flew in November even amid slowdown
Go Air, Vistara, Air Asia and IndiGo were the most punctual airlines in November 2019.While the Indian economy is witnessing a slowdown, more passengers flew in November 2019 as compared to the period last year with passenger growth…
RBI must become matchmaker for Yes Bank before board chooses a suitor in hurry
Yes is skating on a thin layer of capital. And that’s scary. Confidence in India’s bad-loan-laden banking system is ebbing.Yes BankLtd.’s latest $2 billion rescue plan was perfect except for one minor detail: Most suitors for the …
National Fertilizers, GIC Housing Finance list commercial papers on BSE
Commercial papers are usually issued at a discount from face value and reflect prevailing market interest rates.As many as three companies — National Fertilizers, Chennai Petrochemicals Corporation and GIC Housing Finance— listed their…
Betting on small businesses: Digitising MSMEs to create this big market for technology providers to…
The government currently has around 18 technology centres called Tool Rooms to help MSMEs learn and adopt the technology.Technology for MSMEs: Adoption of digital technology, though gradually, among MSMEs is perhaps among the definitive…
Is Yes Bank headed for nationalisation?
The uncertainty around Yes Bank’s fund-raising programme has begun to stoke concerns around the lender’s ability to continue as a going concern, with at least two analysts now raising the possibility of the bank being taken over by the…
Piramal Group, IIFL Wealth announce Rs 2,000-crore alternative investment fund
Khushru Jijina, managing director at Piramal Capital & Housing Finance, said the creation of the AIF is in line with Piramal Group’s strategy to build newer platforms for co-lending with liked-minded reputed institutions.Piramal…
We need supervision, don’t need suspicion: N Chandrasekaran
Tata Sons chairman N ChandrasekaranTHE CURRENT economic slowdown that India is witnessing is a “correction process” as the country has seen “excesses”, TataSons chairman N Chandrasekaran said at the Express Adda on Tuesday. He, however,…