Gurugram (Haryana) [India], July 29 (ANI): Low-cost airline SpiceJet on Wednesday reported a net loss of Rs 807 crore in the fourth quarter of FY20, including a non-cash loss of Rs 473 crore due to forex loss on restatement of lease liability due to Ind-AS 116.
Mumbai (Maharashtra) [India], June 15 (ANI/NewsVoir): HDFC ERGO, the country's third-largest non-life insurance provider in the private sector, and TropoGo, a Deep Tech start-up, have partnered to offer commercial drone owners and operators Third Party Liability claims cover for property dam
New Delhi [India], May 13 (ANI): Max Financial Services Ltd (MFSL) said on Wednesday that it has settled a long-pending income tax case under the dispute resolution scheme Direct Tax Vivad Se Vishwas 2020 launched recently by the government.
New Delhi [India], Feb 19 (ANI): The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi on Wednesday agve its approval for 10,000 Farmer Producer Organisations (FPOs) to be formed in five years period from 2019-20 to 2023-24 with a further committed liabili
Lucknow (Uttar Pradesh) [India], Feb 18 (ANI): The Yogi Adityanath government presented a budget of Rs 5,12,860.72 crore for the financial year 2020-21 on Tuesday.
Mumbai (Maharashtra) [India], Jan 13 (ANI): The share price of Hindustan Construction Company (HCC) advanced by 6.8 per cent on Monday morning as its lenders initiated a carve-out of Rs 2,100 crore of debt to a third-party-controlled special purpose vehicle (SPV) along with certain arbitrati
New Delhi (India), Dec 31 (ANI): Delhi Police Crime Branch has moved an application before the Delhi High Court for appointing Claims Commissioner to estimate damages caused during protests against the new citizenship law in the capital, and fixing the liability of damages.
Mumbai (Maharashtra) [India], Dec 9 (ANI): Acuite Ratings and Reseach on Monday reaffirmed the long-term rating of double-A minus to the Rs 300 crore secured redeemable non-convertible debenture issued by Tourism Finance Corporation of India (TFCI) but revised its outlook from stable to nega
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowal
New Delhi [India] Aug 6 (ANI): PNB Housing Finance Limited said on Tuesday it has raised fresh 75 million dollars (about Rs 522 crore) of external commercial borrowing (ECB) from Sumitomo Mitsui Banking Corporation (SMBC) in Singapore.
Pune (Maharashtra) [India] July 24 (ANI/BusinessWire India): SME sector is a highly dynamic sector which provides numerous employment opportunities in the Indian economy. According to the Economic Times, the MSME sector comprises around 40 per cent of India's workforce and consists of aro