Indiabulls Housing Finance Book Shrinks More as Asset Quality Fixes Continue
Indiabulls Housing Finance Ltd has been shedding its troubled wholesale loan book and continued to do so even in the December quarter. This strategy seems to...
Author : admin
RBI Sets Up Panel to Consolidate Urban Co-operative Banks
The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban cooperative banks (UCBs) and exploring the potential of consolidation in...
SC Issues Notice to WhatsApp Over New Privacy Policy
The Supreme Court on February 15 issued notices to Facebook and WhatsApp over the messaging platform’s revised privacy policy that triggered a massive backlash in January. The revision in the service...
Abu Dhabi-Based ADQ to Invest $70 Mn in Policybazaar
ADQ, the Abu Dhabi-based investment firm, is set to invest $70 million in the parent of Policybazaar, according to the Mint report. The insurance aggregator has...
Azim Premji-Backed KreditBee Raises Rs 544 Crore
Bengaluru-headquartered fintech lending startup KreditBee has concluded its Series C equity round worth USD 75 million from Premji Invest, Mirae Asset Naver Asia Growth Fund,...
Biden to Speak at Virtual Meeting of World’s Major Economies
President Joe Biden will speak at a virtual meeting of the world”s major economies on Friday to discuss the coronavirus pandemic and global vaccine distribution, according...
India Inc Shows Stronger Profit Growth in Q3
India Inc registered a powerful double-digit, year-on-year growth in combination with internet profit for the second straight quarter, primarily helped by price optimization and partly by...
Sunteck Realty Q3 Net Profit Rises 59% QoQ, Revenue Up 43%
Realty developer Sunteck Realty has reported 59% sequential growth in net profit at Rs 22 crore for the quarter ended December with a 43% rise in revenue...
Trump, After Acquittal, Says His Political Movement ‘Has Only Just Begun’
Former US President Donald Trump on Saturday welcomed his acquittal in the US Senate on an impeachment charge and said his political movement ‘has only just...
Vedanta to Invest $10 Billion in Divestment Bound PSUs
Anil Agarwal-led Vedanta Resources has tied up with London-based investment firm Centricus to set up a $10-billion fund to invest in government entities that will be up...