Mumbai (Maharashtra) [India], Feb 7 (ANI): The government is pursuing disinvestment to inject greater transparency and discipline in loss-making public sector companies, Finance Minister Nirmala Sitharaman said on Friday.
Bengaluru (Karnataka) [India], Feb 6 (ANI/BusinessWire India): Eurofins, through Eurofins Advinus, acquires all assets of Gomti Life Sciences Private Limited through a business transfer agreement.
New Delhi [India], Feb 4 (ANI): State-owned Punjab National Bank (PNB) on Tuesday reported a standalone net loss of Rs 492 crore for the October to December quarter compared with a profit of Rs 246 crore in the same period of last financial year.
New Delhi [India], Feb 4 (ANI): The Reserve Bank of India (RBI) on Tuesday approached the Supreme Court challenging a Bombay High Court order which had earlier directed for the sale of HDIL assets to recover the dues of crisis-hit PMC Bank.
New Delhi [India] Feb 4 (ANI/PRNewswire): Sharik Currimbhoy led Goldstein, Roth & Co (GSR) has made plans to deploy Rs 10,000 crores (USD 1.4billion) into the distressed equity and debt markets in India.
New Delhi [India], Feb 4 (ANI): The Enforcement Directorate (ED) on Monday attached balances in bank accounts of Multiple Resorts Ltd, Knight Riders Sports Pvt Ltd and St Xavier's College in Kolkata, along with other assets, totalling to Rs 70.11 crores allegedly belonging to the Rose Valley
Mumbai (Maharashtra) [India], Jan 31 (ANI): Government-owned State Bank of India (SBI) on Friday reported the highest-ever quarterly net profit of Rs 5,583 crore in the October to December quarter, up 41 per cent year-on-year due to lower provisions.
Mumbai (Maharashtra) [India], Jan 29 (ANI): Bajaj Finance Ltd, one of the largest players in consumer finance segment, on Wednesday reported 52 per cent jump in its consolidated profit after tax of Rs 1,614 crore in the quarter ended December 2019 (Q3 FY20).
Washington DC [USA], Jan 29 (ANI): Policymakers should continue to monitor the buildup of financial vulnerabilities and take steps to address them where appropriate, in order to reduce the chance that such vulnerabilities may amplify adverse impact of shocks to the global economy, the Intern
Mumbai (Maharashtra) [India], Jan 28 (ANI): Equity markets traded with a negative bias on Tuesday as across-the-board selling pressure built up with the spread of coronavirus in China, leading investors globally to a shift from riskier assets to safe havens.
Mumbai (Maharashtra) [India], Jan 28 (ANI): Godfrey Phillips India Ltd on Tuesday denied reports which said all assets owned by late industrialist K K Modi are up for sale.
New Delhi [India], Jan 28 (ANI): After the government invited preliminary bids to divest its entire stake in Air India, Janata Dal (United) leader KC Tyagi said that his party is "100 per cent against" the disinvestment of public assets.