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India
Friday, September 20, 2019
The Reserve Bank of India has decided to eliminate Allahabad Bank, Corporation Bank and Dhanlaxmi Bank Ltd. from the list of banks included in its Rapid Corrective Action framework. The decision was made by the Financial Supervision Board that...
The developer group of Reliance Infrastructure, Reliance Power and Reliance Capital, led by the family of Anil Ambani and its companies, obtained a total dividend of Rs 517.74 crore since Ericsson took the company to court for unpaid fees....
An individual looking for a friend to get a quick loan to overcome a crisis; a businessman with little money who borrows from an acquaintance to fulfill a personal obligation; or, a charitable institution that finances students and normal...
Intel executives said Friday that their 5G modem chips will not appear on mobile phones until 2020, which increases the possibility that their biggest customer, Apple, will be behind their rivals in delivering a device for more than a...
Indian billionaire Anil Ambani has spent years defending himself against creditors and suing critics of his business empire for debt. But your account counting moment may have arrived, as it runs to pay debts or face a possible jail...
Anil Ambani led the Capital Relief (RCAP) on Thursday said he invited Nippon Life Insurance to acquire its total stake of 42.88 percent in Reliance Nippon Life Asset Management (RNAM). Japan's Nippon Life Insurance already has a 42.88 percent stake...
Highlights of the stock market: The stock markets Sensex and Nifty, made an intelligent uptick in the trade on Thursday afternoon. The Sensex closed 142 points higher with 35,898.35, while the Nifty closed above the mark of 10,750. Tata...
As I wrote last month, the problematic full-service operator needed to accumulate an additional rupee (1.4 cents) per kilometer per seat available to offset its cost disadvantage against low-cost rivals. The fierce price competition denied him that opportunity, and...
Anil Ambani, bearer of a surname synonymous with opulence and brother of the richest Indian, has been found guilty of contempt and threatened with three months in prison if he fails to liquidate the quotas of Rs 453 crore...
New Delhi: On Tuesday, the government relaxed the rules for new companies facing tax demands by selling shares in exchange for their fair market value and also extended the eligibility of companies that could benefit from the measure, in...

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