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Friday, August 23, 2019
The Reliance Group said it will take legal measures to protect its shareholders after the Anil Ambani group entities lost more than a third of their market value in five days. "The board of directors has recommended and approved...
Mumbai: One day after the Reserve Bank of India (RBI) reduced a key loan rate, the State Bank of India (SBI) decided to reduce the interest rates on all mortgage loans to Rs. 30 lakh. Rajnish Kumar, president of SBI, said:...
L & T Finance and Edelweiss Group have defended their actions with respect to the sale of shares of Anil Ambani Reliance Group. His statement to the stock markets came after Reliance Group blamed these entities for a drop...
Apple Inc. is implementing software updates for iPhones to solve a privacy problem in its FaceTime video call service and said it would contribute to the education of the Arizona teenager who discovered the problem. The software error, which...
In order to help small and marginal farmers access credit, the Reserve Bank of India raised the unsecured agricultural loan limit to Rs 1.6 lakh from the existing Rs 1 lakh on Thursday. The Central Bank plans to establish an...
The Monetary Policy Committee of the Reserve Bank of India (RBI) (MPC) has cut the repurchase rate by 25 basis points, and currently stands at 6.25 percent. Tune in to the podcast below to see what stocks and sectors...
According to the government, the companies operated at three levels to offer large discounts and were reserving the losses on their books. Although it is no longer a secret, the government has revealed the nature of the irregularities in which...
In a twist to the story of two rival billionaire brothers in India, a bankruptcy filing by Anil Ambani's wireless service provider could have a clear winner: the disruptive mobile phone unit of his older brother. The process initiated on...
The Punjab National Bank (PNB), India's second largest state lender by assets, reported a surprise gain in the quarter from October to December, helped by a lower provision for bad loans. The net profit of Punjab National Bank increased...
The new TRAI framework for channels and DTH providers became effective as of February 1. Although the transition was smooth and there was no blackout, the new rules require DTH and cable subscribers to choose channels and packages. The...

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