MUMBAI: Life Insurance Corporation of India (LIC)-owned IDBI Bank on Wednesday reduced its marginal cost of funds based lending rate (MCLR) by 5-10 basis points across various tenors, with immediate… Read more »
AMARAVATI: The Andhra Pradesh government on Tuesday decided to stop sand mining with immediate effect. Mines and Geology Minister Peddireddi Ramachandra Reddy said: “New sand mining policy will be introduced… Read more »
BY: Sathvik N BENGALURU: Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company’s plans… Read more »
NEW DELHI: The Delhi government has notified its draft parking policy discouraging on-street and banning footpath parking while allowing free parking in residential areas. The government had come out with… Read more »
NEW DELHI: Indiabulls Housing Finance Ltd. said on Thursday that Abhay Yadav, the petitioner who alleged that the company and its Chairman Sameer Gehlaut misappropriated funds, withdrew his writ petition… Read more »
NEW DELHI: Regulator SEBI and the Ministry of Corporate Affairs are looking into the sudden resignation of PWC as auditor of Reliance Capital and Reliance Home Finance and have asked… Read more »
NEW DELHI: A bill to amend the special economic zones law will be introduced in the ensuing session of Parliament to replace an ordinance promulgated in March which will allow… Read more »
NEW DELHI: Promoters of debt-ridden mortgage lender DHFL are in talks with private equity firms and are expecting to garner USD 1 billion (about Rs 6,900 crore) by selling nearly… Read more »
NEW DELHI: Mortgage lender HDFC on Friday said it has sold over 4.22 per cent stake in subsidiary Gruh Finance Ltd (Gruh), which is proposed to be amalgamated with Bandhan… Read more »
NEW DELHI: Mumbai-based Wadhwa Group is planning investments of Rs 2200 crore in the first two phases of Wadhwa Wise City. Estimated revenues from these phases of the first integrated… Read more »