At the company's annual general meeting of shareholders last month, Ambani announced a plan to invest Rs 75,000 crore in a new energy business over the next 3 years in the next stage in its transformation.
Frustrated at repeated tech outages at HDFC Bank, the RBI took unprecedented action against the lender in December 2020, putting a freeze on it issuing any new credit card, a segment in which it was a market leader.
Accordingly, HDFC Securities, expects banks to remain selective in restructuring stressed assets.
Across the country as well, Petrol price increased in the range of 30-40 paise per litre, while diesel prices remained unchanged.
The case pertains to alleged diversion of bank loan funds and the agency is probing if the money was laundered, the sources said.
Speaking at a banking event organised by industry body IMC, Khara said when the bank initially started Yono, it was thought of as a distribution platform for the retail segment products.
Zomato got bids for 2,751.25 crore shares against 71.92 crore shares on offer, stock exchange data showed.
The RRVL would make a Public Announcement to the public shareholders of Just Dial to acquire up to 2.17 crore equity shares of Just Dial representing 26.00% in accordance with SEBI Takeover Regulations.
The Enforcement Directorate claimed that the banks and the government exchequer have realised 58 per cent out of the total fraud perpetrated in two of the country's biggest criminal bank loan heist cases till date.
Gold prices declined by Rs 73 to Rs 47,319 per 10 gram in the national capital on Friday amid fall in global precious metal prices, according to HDFC Securities.
Citing the violation of norms on storage of payment systems data, the Reserve Bank of India has prohibited Mastercard from issuing debit cards, credit cards and even prepaid cards to new customers, starting from July 22.
FedEx Express will invest USD 100 million in the e-commerce logistics platform Delhivery.
The bank has notified its customers by tweeting about the period of suspension of banking services.
Paytm has filed a draft red herring prospectus for its proposed Rs 16,600 crore IPO.
Kickstarting the process for LIC disinvestment, the government has invited bids from merchant bankers and legal advisors for advising it on the proposed mega initial public offer.
Abizer Diwanji of consultancy firm EY said defaults are bound to happen in the banking business, but one has to deal with them upfront rather than taking 5-7 years to deal with it.
Zomato got bids for 344.76 crore shares against 71.92 crore shares on offer, stock exchange data showed.
Rakesh Jhunjhunwala has faced huge embarrassment after markets regulator SEBI issued an order for disgorgement of ill-gotten gains in an insider trading case of Aptech Ltd.
Zomato got bids for 344.76 crore shares against 71.92 crore shares on offer, stock exchange data showed.
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