Category: Corporate finance

EditorSeptember 27, 2022

63 moons technologies, a global leader in futuristic technovation and user-friendly digital financial platforms, on Tuesday said it would back and boost Italy-based Spuma SRL with its next-generation technology capabilities and solutions to create a Digital Market ecosystem for revitalised goods in the pan-Europe multi-million-euro project. New Delhi, Sep 27, 2022:  63 moons technologies, a […]

EditorDecember 16, 2021

About 10 lakh bankers in public and private sector banks are participating in the strike that began today Chennai: A two-day nationwide bank strike called by United Forum of Bank Unions (UFBU) against privatisation of government banks began on Thursday, said C.H.Venkatachalam, General Secretary, All India Bank Employees’ Association (AIBEA). The UFBU is an umbrella body […]

adminMay 25, 2021

New Delhi : The National Company Law Appellate Tribunal (NCLAT) on Monday said the cash-strapped Infrastructure Leasing and Financial Services (IL&FS) and its group companies will not be declared as non-performing assets (NPA) without approval from the appellate tribunal. A two-member bench headed by NCLAT Chairman Justice (Retd.) S.J. Mukhopadhyay was hearing an application moved […]

adminMay 25, 2021

New Delhi : Insurance regulator IRDAI on Tuesday issued draft guidelines for standard health product by all insurers including general and health insurance businesses. According to the draft issued on the IRDAI website, the minimum basic sum insured under standard product has been proposed to be set at Rs 50,000, whereas the maximum limit shall […]

adminMay 25, 2021

By Anjana Das, New Delhi : IDBI Bank has sounded out its new owner LIC seeking another tranche of up to Rs 12,000 crore to meet its huge provisioning requirements amid mounting losses. The fresh support is required to cover for non-performing assets (NPAs) in the January-March quarter. Life Insurance Corporation of India (LIC) completed […]

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