Finance

CAIT hails Karnataka HC decision on Amazon and Flipkart for their alleged anti-competitive practices

The High Court earlier dismissed a plea filed by e-commerce companies Amazon and Flipkart challenging a probe ordered by CCI…

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Yes Bank to raise Rs 10,000 crore via debt securities

According to the RBI-backed rescue plan, the State Bank of India acquired up to 49 percent stake in Yes Bank…

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Sensex gains 359 points, banking and financial sectors took the lead

Bajaj Finance advanced by 7.6 per cent, Bajaj Finserv by 3.8 per cent, State Bank of India by 2.6 per…

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Centre re-appoints Mahesh Kumar Jain as RBI Deputy Governor

Mahesh Kumar Jain has served on various boards including the Export-Import Bank of India (EXIM Bank), IBPS, and NIBM in…

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Motilal Oswal Financial Services says E-grocery space to grow 59 pc by 2024

India has 15.4 crore online transacting households with 13 crore already using e-grocery platforms or willing to try, creating an…

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SEBI bans Franklin Templeton MF from launching new debt funds for the next 2 years

Franklin Templeton had announced shutting its six debt mutual fund schemes citing redemption pressures and lack of liquidity in the…

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Fitch Ratings says India’s bank privatisation plans can face hurdles amid Covid

Fitch said political support in favour of legislative changes to the Act which are required in order to go through…

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IT dept to launch new e-filing portal with new features

Income Tax Department is launching its new e-filing portal www.incometax.gov.in on June 7 aimed at providing taxpayer convenience and a…

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Court has allowed banks to sell Vijay Mallya’s properties to recover his debts

A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities of…

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Congress members deliberately excluded from GST Council’s GoM, Ashok Gehlot alleges

Rajasthan CM Ashok Gehlot described it as a deliberate attempt “to keep the principal Opposition party, the Congress, that has…

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