Govt to override IL&FS’s management, Uday Kotak to be the chairman

The Ministry of Corporate Affairs is all set to recover IL&FS crisis by changing the board and management of the company. National Company Law's...

SBI limits daily cash withdrawal limit to ₹20,000

In the wake of increasing cases of ATM card skimming, The State Bank of India (SBI) brought its daily limit down to ₹20,000 from...

Elon Musk to resign as Chairman of Tesla Board, but to remain as CEO

Fraud Charges on Elon Musk forces him to Resign Elon Musk charged over fraudulent issues, which resulted him to step down from, Tesla's chairman of the...

Telecom companies must submit plan to terminate Aadhar based e-KYC: UIDAI

UIDAI on Monday instructed the telecommunication companies to report their plan-of-action to terminate the use of Aadhaar post-Supreme Court's verdict earlier this week. It...

Infibeam shares records 73% slump due to whatsapp viral

Infibeam Avenues Ltd plummetted as much as 73% in the intra-trade on Friday owing to a WhatsApp message which claimed corporate governance issues in...

LIC, SBI, Orix offers to subscribe IL&FS ₹4,500 right issues

Life Insurance Corp (LIC), Japanese based-Orix Corp and State Bank of India on Saturday have offered to subscribe ₹4,500 crore rights issue in IL&FS. LIC...

India’s leading crypto-currency exchange, Zebpay stops exchange

India's first crypto-currency exchange, Zebpay closed it's trading activities on September 27th, 2018 due to strict norms of Reserve Bank of India against virtual...
Indian Currency.

Govt reduces borrowing by ₹70,000 crores; Says No Fiscal slippage this year

The Central Government on Friday announced a curtail of ₹70,000 crores in its borrowing scheme. The govt is certain about sustaining the fiscal deficit target...

Alibaba Cloud Launches 2nd Data Centre in India

Alibaba Cloud, the cloud computing division of Chinese e-retailer Alibaba, on Friday, announced the launch of its 2nd data centre in India. The new "availability zone",...
Stock-market

Stock Market Weekly Report: Market performs worst since February 2016

Closing Stats: The latest trends of Benchmark indices suggest that they have been performing the worst since February 2016. The BSE sense and NSE's...