PNB scam

PNB sells its stake in PNB Housing Finance for ₹1,851 crores

State owned lender-Punjab National Bank (PNB) is selling its stake in its housing finance arm, PNB Housing Finance to global private equity company General...

CBDT directs Income tax offices to probe 3 lakh suspicious firms for tax crimes

The Central Board Of Direct Taxes (CBDT) has issued new directions to Income Tax department for the prevention of tax evasion and tax crimes...

Ahead of merger, Bank of Baroda receives ₹5,042 Crores from government

The Bank of Baroda (BoB) which is about its start its operation after its merger with Dena Bank and Vijaya Bank will be receiving...
jet airways

TPG, Etihad Airways express interest to acquire a stake in Jet Airways

Jet Airways foreign partner and UAE's second largest airline Etihad Airways willing to invest in the beleaguered carrier and will be taking part in...
IPO

RVNL’s IPO for ₹23.34 crore shares opens for subscription

The IPO of Rail Vikas Nigam Ltd. (RVNL) has been opened for subscription from today. The government rail Public Sector unit (PSU) has issued...

Indira Gandhi International Airport named best Indian airport by Skytrax report

Delhi airport has been named as the best Indian airport and has received 4 star rating from Skytrax in its world airport report. Skytrax is...

Supreme court refuses to put stay on merger of Dena, Vijaya and Bank of...

The Supreme Court of India while hearing a plea flied by the bank officers association refused to put immediate stay on merger of three...

Essar Steel : CoC likely to pay additional ₹1000 crore to operational creditors under...

Essar Steel's Committee of Creditors (CoC) is yet to decide over the proportion of money it has to give to operational creditors under the...
IPO

Catholic Syrian Bank, India’s first foreign owned lender prepares for IPO

India's first foreign owned bank, Catholic Syrian Bank is gearing up for an sock market listing. The bank will do an Initial Public Offering...

Microsoft, Adobe join hands to take on Salesforce’s cloud marketing software

Adobe Inc. and Microsoft Corp. have partnered up against their common rival Salesforce and will be supporting one another in a bid to solidify...