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Trump orders US bans on TikTok, Tencent's WeChat in 45 days

TMT

07 August, 2020

Trump orders US bans on TikTok, Tencent's WeChat in 45 days

U.S. President Donald Trump on Thursday unveiled sweeping bans on U.S. transactions with China's ByteDance, owner of video-sharing...

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

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Emkay Global hires institutional equities head from SBICAP

Finance

06 August, 2020

Emkay Global hires institutional equities head from SBICAP

Research and brokerage firm Emkay Global Financial Services Ltd has roped in SBICAP Securities’ former head of institutional...

Paytm ropes in Clix founding team member as CEO of lending unit

Finance

06 August, 2020

Paytm ropes in Clix founding team member as CEO of lending unit

Paytm has hired Bhavesh Gupta, a founding team member and former chief executive officer of Clix Capital, as CEO of ......

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India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event

Finance

06 August, 2020

India must ease bankruptcy norms to lure foreign funds: Panellists at VCCircle event

There is plenty of foreign capital available to tap into the stressed asset market in India despite the coronavirus pandemic ......

RBI allows banks to restructure loans to tide over virus-induced stress

Finance

06 August, 2020

RBI allows banks to restructure loans to tide over virus-induced stress

The Reserve Bank of India has allowed banks to restructure loans without classifying them as bad debts and pushing the ......

India needs to look beyond what rating agencies think: Raghuram Rajan

Economy

06 August, 2020

India needs to look beyond what rating agencies think: Raghuram Rajan

Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think...

RBI holds interest rates amid rising inflation

Economy

06 August, 2020

RBI holds interest rates amid rising inflation

India’s central bank kept interest rates on hold on Thursday, amid a recent rise in retail consumer prices and said ......

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Not right to drag all distressed companies into insolvency: SBI MD

Finance

06 August, 2020

Not right to drag all distressed companies into insolvency: SBI MD

Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will...

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Fortis hires Apollo exec to lead diagnostics unit SRL

Healthcare

05 August, 2020

Fortis hires Apollo exec to lead diagnostics unit SRL

Hospital chain Fortis Healthcare Ltd has appointed a top executive from rival Apollo Group to lead its diagnostics unit SRL ......

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