Fallout from money manager Kenneth Fisher’s remarks tops $1 billion in lost assets
BOSTON (Reuters) - Fallout from Kenneth Fisher’s alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in assets under…
RIL’s Jio, Retail arm balance out slip in Mukesh Ambani’s refining, petrochem business
RIL posted over 18% rise in consolidated net profits which soared to a record high of Rs 11,262 crore for the quarter ending September.Mukesh Ambani’s Reliance Industries is riding high on the back of its telecom and retail arm even…
DHFL crisis: SBI, BoB, UBI to move HC seeking rights to pool repayments
Following the Bombay HC’s October 10 order, ICRA had downgraded six loan pools, worth Rs 638 crore, to default grade.Three public sector banks (PSBs) may soon move the Bombay High Court (HC) for a clarification on the moratorium on…
Govt reviews price situation of onions, tomatoes; asks Mother Dairy to sell tomatoes below this…
The govt announced several steps to boost the supply of onions and tomatoes.Tomato-Onion Prices: Senior officials of the ministry of consumer affairs Friday reviewed the price and availability situation of staple vegetables like onions…
AT&T, Elliott in talks after activist campaign launched: sources
NEW YORK (Reuters) - AT&T (T.N) and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the…
Mobile users cannot submit port out requests between November 4 to 10; new MNP regime from November…
The cut-over to the new regulations will be effective from midnight hours of November 11, 2019.(Representational image)Telecom regulator Trai on Thursday said customers will not be able to submit requests for mobile number portability…
Job reduction in Indian ops will be limited: Stuart Lewis, Chief risk officer, Deutsche Bank AG |…
Stuart Lewis, Chief risk officer, Deutsche Bank AGDeutsche Bank has been implementing a transformation strategy across its global operations that includes exiting some of its non-core activities. Stuart Lewis, chief risk officer at…
Stock corner: Maintain ‘buy’ on Federal Bank, revised target price of Rs 110
Margins could remain slightly subdued, even as FB has changed the loan pricing methodology from T-Bill to repo rate.Business growth moderates; asset quality marginally under pressure PAT increased 57% Y-o-Y to Rs 420 crore (our estimate:…