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The bank has deposits of over Rs 11,000 crore and the RBI has said that 77 per cent of the depositors can withdraw their money with the Rs 40,000 limit.

What steps taken to help PMC Bank depositors, HC asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

4 Nov 2019 2:42 PM IST

Infosys founders, once a byword for financial probity, must clean house. Or go the way of outsourcing firm Satyam Computers, and its Rs 7,000 crore accounting scam of 2009.

India-'s Infosys says no prima facie evidence on whistleblower...

The letter was in reply to the NSEâ€™s request to the company to explain why it had not disclosed the receipt of the...

4 Nov 2019 1:25 PM IST

Travellers affected by the outage took to Twitter to raise concerns.

IndiGo servers down across network, passengers stuck in queues

IndiGo-'s outage comes as dozens of flights face delays or cancellations on Monday, according to reports

4 Nov 2019 1:02 PM IST

Yes Bank had reported a net profit of Rs 965 crore in the same quarter of the previous year.

Yes Bank shares plunge 15 per cent after Q2 net loss

Total income (consolidated) also slipped to Rs 8,347.50 crore during July-Sept 2019-20, as against Rs 8,713.67 crore.

4 Nov 2019 12:32 PM IST

Financing higher studies can be difficult, and in the absence of a scholarship you may have to look for a student loan to ensure that your childs further studies arent compromised upon. (Representational Image)

Now finance your higher studies abroad with a Loan against Property

Overseas education continues to be an attractive proposition for undergraduate and postgraduate students.

4 Nov 2019 11:22 AM IST

Aramco is believed to be planning to sell the rest of a planned tranche of five per cent of the firm on an international bourse.

Saudi Aramco kick-starts what could be world-'s biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

4 Nov 2019 9:24 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Slower growth seen for NBFC-MFIs

In the June quarter, AUMs grew 4 per cent QoQ against 20 per cent in the same quarter last year.

4 Nov 2019 1:15 AM IST

We are cautiously optimistic. The reason why we are cautious is that we do not have a crystal ball. Many of the factors like high cost of acquisition, confusion related to BS-IV and BS-VI, issues related to finance norms and liquidity etc, continue to be there, said MSI Executive Director (Marketing & Sales) Shashank Srivastava.

Maruti Suzuki -'cautiously optimistic-' over sales prospect in coming...

Maruti Suzuki said it would take at least few more months to get clarity if the industry is finally on a revival path.

3 Nov 2019 4:58 PM IST

Thomas Cook India not part of brand-'s global sale to China-'s Fosun:...

The brand for India, Sri Lanka and Mauritius and continues to be protected for exclusive use by Thomas Cook India Ltd.

3 Nov 2019 4:51 PM IST

The Supreme Court made it clear that there would no further litigation on the issue and it would fix a time frame for calculation and payment of dues by the telecom companies.

Telco bailout will be contempt of SC; will set bad precedent: Jio to...

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said...

3 Nov 2019 1:21 PM IST

The BBMP, which was also part of the survey, assured Bescom that action will be taken against the structure owners for violating the rule. (Representation Image)

Power gencos-' outstanding dues on discoms rise 37 pc to Rs 70,000 cr...

Distribution companies owed Rs 50,583 crore to power generation companies in September 2018, according to PRAAPTI.

3 Nov 2019 12:09 PM IST

RILs market valuation zoomed Rs 16,671.95 crore to Rs 9,23,613.71 crore.

Eight of top-10 firms add Rs 1.34 lakh cr in m-cap; TCS leads

RIL, HUL, HDFC, ITC, Infosys, HDFC Bank and SBI were the other firms which witnessed a rally in their market...

3 Nov 2019 11:19 AM IST