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JSW Steel (Netherlands) B.V. will continue to hold 10 per cent stake in Geo Steel LLC.JSW Steelon Friday said its Netherlands-based subsidiary will offload 39 per cent stake in joint venture firm Geo Steel LLC for USD 23.08 million. JSW…

IOB’s gross non-performing assets stood at 20 per cent (Rs 28,673.95 crore) of gross advances during the September quarter.Indian Overseas Bank(IOB) on Friday said it will get a fresh capital infusion of Rs 4,360 crore from the…

In the previous session, the 30-share gauge ended 297.50 points, or 0.72 per cent, lower at 41,163.76.The benchmark equity indices ended on a higher note Friday led by gains in banking stocks and HDFC twins amid positive global cues.…

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Nourished by increasing spending, improving accessibility and growing exports, India’s pharma and healthcare sector is poised for another year of robust growth even as pricing and cost headwinds could force players to pause to catch…

Amit Mitra, West Bengal finance ministerWest Bengal Finance Minister Amit Mitra on Friday said the cooperative banks in the state have lent Rs 36,000 crore in the last five years and urged the lenders to extend the services in rural…

On silver, Jigar Trivedi said that the conditions are perfect to see gains in the silver price in the coming months and years.With equities trading volatile, gold has emerged as a preferred bet for a section of investors. Since January…

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Spotify Technology SA will stop selling U.S. political advertising in early 2020, following Twitter Inc.’s lead in steering clear of a contentious election cycle. The move will apply to Spotify’s ad-supported service, as well as its…

The gross NPA ratio of banks stood at 9.3 per cent in March 2019.The gross non-performing asset ratio of banks may increase to 9.9 per cent by September 2020 from 9.3 per cent in September 2019, according to an RBIreport. The gross NPA…