LivePNB Signs MoU with Indian Army for Agniveers
On Friday, state-owned Punjab National Bank (PNB) signed a Memorandum of Understanding (MoU) with the Indian Army to supply Agniveers with specially designed products under...
Category : BUSINESS
Future Enterprises Defaults on NCD Interest Payments of Rs 8.98 Crore
On Friday, Indebted Future Enterprises Ltd (FEL) said it defaulted on interest on non-convertible bonds (NCDs) totalling Rs 8.98 crore. This is the second default...
Indiabulls Commercial Credit Acquires Anand Lok Property for Rs 60 Crore
Documents reviewed by CRE Matrix show Indiabulls Commercial Credit Ltd (IBCCL) bought a four-storey property in the luxury area of Anand Lok in Delhi from...
Morgan Stanley Reports 30% Fall in Q3 Profits
On Friday, Morgan Stanley reported a 30 per cent drop in third-quarter profit as a slowdown in global dealmaking hurt the investment bank’s core underwriting...
Wall Street Banks’ Profits Declined, Brace for Weaker Economy
Profits fell at Wall Street’s biggest banks in Q3 as they braced for a weaker economy. Investment banking was hit hard as dealmaking dried up....
Kroger Strikes $25 Bn Deal for Albertsons to Create Supermarket Titan
On Friday, US grocer Kroger Co (NYSE:KR) said it would buy smaller rival Albertsons Companies Inc in a USD 24.6 billion deal, creating a supermarket...
Wells Fargo Releases its Profit Fall as Q3 Results
According to the reports, On Friday, Wells Fargo & Co reported a 31 per cent decline in Q3 profit, as the bank racked up prices...
Citigroup Reports 25% Slump in Q3 Profit
On Friday, Citigroup Inc reported a 25 per cent drop in third-quarter profit as its investment banking business struggled to cope with a decline in...
IRDAI Fines Max Life Insurance Rs 3 Crore for Breaking Rules
The Insurance Regulatory and Development Authority (IRDAI) said on October 14 that it had fined Max Life Insurance Company a total of Rs 3 crore...
SAT orders Brickwork Ratings to temporarily hold Sebi orders
The Securities Appeals Tribunal (SAT) has suspended market regulator Sebi‘s decision to terminate Brickwork Ratings India, people familiar with the matter said. A final hearing...