Others
Economy
RBI governor Urjit Patel could resign on 19 November: Report
Reserve Bank of India (RBI) Governor Urjit Patel could resign at the central bank’s next board meeting on November 19, ......
Economy
Govt set to put more pressure on RBI governor Urjit Patel
The Indian government intends to keep pressing demands for the country’s central bank to relax lending curbs and hand over...
General
Transit Capital to raise debut fund; Andhra Bank board okays stake sale in JVs
Venture firm Transit Capital is in talks to raise up to $60 million (Rs 438 crore) for its debut fund, ......
Finance
IFC may offer $50 mn in debt funding to Ujjivan Small Finance Bank
The World Bank’s International Finance Corporation (IFC) plans to offer a junior loan up to $50 million (Rs 350 crore) ......
Finance
SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain
SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake ......
Economy
India October services output growth quickens to three-month high
Activity in India’s dominant services sector increased at its fastest pace in three months in October, driven by a strong...
General
Amazon may buy into Future Retail; Kabir Misra's fund eyes stake in Meesho, Acko
US-based e-commerce giant Amazon.com Inc. is set to buy a stake of just under 10% in Kishore Biyani-led Future Retail ......
Consumer
Sula Vineyards may invest in brands outside India: CEO Rajeev Samant
Sula Vineyards Pvt. Ltd recently became the first Indian wine producing company to cross the sales mark of 1 million ......
Finance
RBI tweaks norms to help NBFCs refinance debt
The Reserve Bank of India (RBI) said late on Friday it would allow banks to partially stand-in as guarantors for ......
Finance
PNB posts third straight quarterly loss on fraud-related provisions
Punjab National Bank (PNB) reported a third straight quarterly loss on Friday as it set aside more money to account ......
