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The proposed tightening of norms comes after the PMC Bank scam, which revealed that the bank had an exposure of over Rs 6,500 crore or 73% of its total assets to real estate firm Housing Development and Infrastructure (HDIL).By…

The decision by the Reserve Bank of India spurred speculation that it has run out of ammunition after slashing rates five times this year.It’s starting to look like India’s sovereign bond market is on the brink of a prolonged rout.…

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BOSTON (Reuters) - Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company’s plan to sell itself to private equity firm Thoma Bravo for $2 billion, calling the deal too…

This is their fourth wiring harness plant outside its HQ Netherlands with facilities in Turkey, China and Malaysia.GKN Aerospace, a £4-billion company, is expanding its aerospace footprint in India with the opening of its second facility…

The top 50 NBFCs, which represents 70 percent of the market, are being monitored closely and intensely by the supervision team of the central bank.Reserve Bank is closely monitoring the troubled shadow banking sector and will not allow…

The price of onion will come down by December end or by the first week of January, said Food Supplies and Consumer Welfare Minister R P Swain.  (Representational Image)Amid the onion prices soaring to Rs 120 a kg in open markets of the…

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Marico’s popular hair oil range Parachute. (Image: Bloomberg)While online shopping has changed the face of retail across the globe, FMCG major Maricohas been using the platform to drive the growth of its premium products with almost one…

The agencies have recovered properties of over Rs 2.3 lakh crore from the NPA accounts in the three financial years.Borrowers who are laid back after taking loans from the banks should now be alerted as the lenders have fastened the…