India Cements to acquire land in Madhya Pradesh to set up plant
CHENNAI: India Cements Ltd is in the process of acquiring land as part of the cement major’s move to set up an integrated cement plant in Madhya Pradesh. Besides, the… Read more »
Monthly Archives: August 2019
DDA to refund unsuccessful candidates’ money in a week
NEW DELHI: The DDA on Wednesday said it has planned to refund the registration amount in a week’s time to candidates who had unsuccessfully applied to the Housing Scheme, 2019…. Read more »
WeWork wanted Ashton Kutcher and Martin Scorsese for video deals
BY: Ellen Huet For the past two years, WeWork Cos. has spent more than $40 million to host a series of startup pitch competitions around the world. The real estate… Read more »
Tata Group’s Taj Hotel chain to sell assets as economy weakens
BY: P R Sanjai The luxury hotel chain controlled by India’s Tata Group is looking to sell some assets and avoid owning new properties in an effort to further pare… Read more »
DHFL says it may not be able to fulfill immediate debt payments
BENGALURU: India’s debt-laden shadow bank Dewan Housing Finance Corp Ltd (DHFL) on Thursday said it may not be able to fulfill its debt obligations due in the near future. This… Read more »
RBI Governor says 35 bps rate cut balanced, based on data
NEW DELHI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday termed the steeper 0.35 percent repo rate cut as a “balanced” call given the domestic and global developments. He… Read more »
Pakistan police removes pro-India banners in Islamabad, one arrested
ISLAMABAD: Pro-India banners which appeared in different parts of Pakistani capital, including in the high security Red Zone, hailing India’s decision to revoke the special status of Jammu and Kashmir… Read more »
Sebi mulls tighter norms to ensure full disclosure on loan defaults with rating agencies
NEW DELHI: Amid concerns over banks citing ‘client confidentiality’ to resist sharing of information on delayed loan repayments and possible defaults by their borrowers, capital market regulator Securities and Exchange… Read more »
State Bank of India cuts lending rates by 15 bps
BENGALURU: State Bank of India (SBI), the country’s largest lender by assets, on Wednesday cut its benchmark lending rates by 15 basis points across all tenors, shortly after the central… Read more »
Indiabulls expect RBI nod for merger with Lakshmi Vilas Bank by October
MUMBAI: Exuding confidence of getting the regulatory nod for merger with Lakshmi Vilas Bank in two months and the merged entity to be operational by next March, Indiabulls Housing Finance… Read more »