ENTITY
MPC meet | RBI plans to regulate 'predatory' loan apps: Here's how
In a recent announcement following the monetary policy review, the RBI Guv Shaktikanta Das shared plans to set up a regulatory framework for digital lending apps and loan web aggregators. The RBI aims to make taking loans more consumer-centric and transparent. Here's what Governor Da...
'Rath Prabhari' appointments: Cong chief Kharge writes to PM Modi, alerts risk of politicising govt entities
Congress President Mallikarjun Kharge on Sunday wrote to Prime Minister Narendra Modi over his government's orders saying that all agencies, institutions, arms, wings, and departments of the government are now officially 'Pracharaks'. He also...
Vedanta announces demerger to split business into six listed entities
Vedanta has announced plans to demerge its business units into independent ‘pure play’ companies to unlock value, get investments, the company said in a statement on Friday.Vedanta announces demerger to split business into six listed entities
TMC MP Nusrat Jahan questioned by ED for 6 hours in alleged flat-selling scam
Actress turned Trinamool Congress MP Nusrat Jahan, who was accused in a residential flats scam case left the Enforcement Directorate office on September 12. The federal agency had summoned her in the case related to her association as a director with a shady financial enti...
SEBI paper on finfluencers: 'Regulated Entities must stay away from unregistered investment advisors'
Besides undertaking enforcement action against unregistered finfluencers who breach SEBI regulations, the regulator proposes to disrupt the revenue model for such finfluencers, so that the perverse incentives in the ecosystem reduce. SEBI has come a...
US imposing sanctions on individuals, entities that have supported Hamas: Antony Blinken
The United States in conjunction with the United Kingdom on Tuesday announced a third round of sanctions on Hamas since last month's attack on Israel, again targeting the group's Iranian backers.US imposing sanctions on individuals, entities that have supported ...
SEBI bars Punit Goenka to hold any position in Zee-Sony merged entity
The Securities and Exchange Board of India (Sebi) will complete its investigation into the case pertaining to Zee Entertainment Enterprises Ltd owners Subhash Chandra and Punit Goenka within 8 months, Chairperson Madhabi Puri Buch said in a revised order. Until the investigation i
MSCI tweaks spook HDFC twins, merged entity may see $150-200 million outflows
MSCI intends to add HDFC Bank to the largecap segment of MSCI Global Standard Indexes, with an adjustment factor of 0.5 versus market expectations of 1. This would mean that it would see no incremental inflows. Rather, the addition may result in outflows of $150 to 200 mil
Some entities profited from the report of Hindenburg on Adani Group, says SC lawyer Mahesh Agarwal
After the SC-monitored expert panel submitted a report on Adani-Hindenburg, Advocate Mahesh Agarwal on May 19 said some entities were there who profited from the report of Hindenburg on Adani Group.Some entities profited from the report of Hindenburg o
RBI issued additional guidelines for banks & regulated entities on loan recovery
In a bid to protect loan borrowers- RBI has issued additional guidelines for banks & regulated entities to desist from harassing borrowers for loan recovery. RBI issued additional guidelines for banks & regulated entities on loan recovery
Watch: Indian Army carries out large field training exercise involving all entities of warfighting
Indian Army carried out one of the largest field training exercise involving all entities of warfighting including civil agencies in the western borders of Rajasthan, validating their actions in line with the resolve of the "Whole of the Nations" appro
Watch: L&T Infotech, Mindtree announces merger; Larsen to hold 68.73% in the new entity
L&T Infotech and Mindtree on Friday announced a mega-merger to create an efficient and scaled-up IT services provider, exceeding USD 3.5 billion in combined revenue, according to a statement. The name of the combined entity will be 'LTIMindtree', the statement sa
DoT gives nod for 5G trials; Chinese vendors kept out
The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities.DoT gives nod for 5G trials; Chinese vendors kept out
HDFC - HDFC Bank merger: Combined entity will be a money-making machine, says Saurabh Mukherjea of Marcellus Investment Managers
"Will happily load up on HDFC Bank; the combined entity will be a money-making machine" says Saurabh Mukherjea of Marcellus Investment Managers. Listen in as he breaks down the numbers.HDFC - HDFC Bank merger: Combined ent
RBI releases framework for pan-India umbrella entity for retail payments systems
The Reserve Bank on Tuesday unveiled the framework for setting up umbrella entities for operating pan-India retail payments systems and invited applications from eligible companies by February 26, 2021. As per the framework, the companies with a net worth of over Rs 500
I-T dept raids Chinese entities in Rs 1,000-crore money laundering case
The Income Tax Department has conducted raids against some Chinese individuals and their local associates for allegedly running an estimated Rs 1,000 crore worth money laundering racket using shell or dubious firms, the CBDT said Tuesday. The department raided at least two dozen
This quarter should be very good for all NBFCs and lending entities: Capri Global Capital
Overall rate of interest has come down but spread is not going to change much, says Rajesh Sharma, MD.This quarter should be very good for all NBFCs and lending entities: Capri Global Capital
Goldman Sachs entity pleads guilty in 1MDB probe
A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.9 billion in a foreign corruption probe tied to the Malaysian 1MDB sovereign wealth fund, which was looted of billions of dollars in a corruption scandal. In addition, several current and former top executives at G
PNB Housing Finance to raise Rs 4,000 cr from entities affiliated to Carlyle
PNB Housing Finance Ltd on Monday announced that its board has approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to The Carlyle Group Inc.PNB Housing Finance to raise Rs 4,000 cr from entities affiliated to Carlyle
Rose Valley scam: ED attaches Rs 70 cr assets of 3 entities
The Enforcement Directorate has attached assets worth over Rs 70 crore of three entities, including a company that owns actor Shah Rukh Khan's IPL cricket team, in connection with its money laundering probe in the Rose Valley ponzi scam case, the agency said on Monday.Rose Valley scam: ED a
Consolidation needed for strong commercially viable entities: Sanjeev Sanyal on PSB merger
Principal Economic Advisor Sanjeev Sanyal, in an exclusive conversation with ET Now's Supriya Shrinate, on big bank merger said that "bank consolidation is a long-term reform to reduce the large number PSU banks to form stronger viable commercial banking entit
PSB merger: Amalgamated entity will increase banking operations, says FM Jaitley
The government has announced that Bank Of Baroda, Vijaya Bank and Dena Bank will be merged into a single bank which will become India's third largest bank. Rajeev Kumar, Secretary Department of Financial Services, said in a press conference today that employees interest
Watch: Air India to be split into four entities before sale
India will break up its debt-burdened flag carrier Air India into four separate companies and offer to sell at least 51 per cent in each of them as part of a disinvestment proposed by PM Narendra ModiWatch: Air India to be split into four entities before sale
Tax evaders under Sebi lens, 32000 entities under probe
According to the latest reports with ET Now, Sebi Board meet is going to take place on the Jan 15 and one of the prime agenda of discussion would be to decide on action against 32000 entities involved in stock price manipulation and tax evasion post demonetisation.Tax evaders under Sebi lens, 3
Tax evaders under Sebi lens, 32000 entities under probe
According to the latest reports with ET Now, Sebi Board meet is going to take place on the Jan 15 and one of the prime agenda of discussion would be to decide on action against 32000 entities involved in stock price manipulation and tax evasion post demonetisation.Tax evaders under Sebi lens, 3
Article 370 scrapped: Govt has reduced J&K into a non-entity, says Ghulam Nabi Azad
"Shameful that you have turned Jammu and Kashmir into a non-entity by making a Lt. Governor there, so that you can appoint even a peon or a clerk, sitting here (in Delhi)," leader of the Opposition and senior Congress leader Ghulam Nabi Azad told the government in Ra
The combined entity will have better prospects of growth: RA Sankara Narayanan, Vijaya Bank
Through the merger, an effective use of both rising liabilities as well as assets will be possible, RA Sankara Narayanan, MD & CEO, Vijaya Bank, tells ET Now. The combined entity will have better prospects of growth: RA Sankara Narayanan, Vijaya Bank
Jet Airways crisis just needs time, employees will be absorbed by other entities in aviation space: Jayant Sinha
Jet AirwaysCrisis just needs time, the employees of Jet will be absorbed by other entities in aviation space. Banks have to make decision in their commercial interest, says MoS Aviation Jayant Sinha in an exclusive chat with ET Now, liste
Proposed Voda-Idea joint entity to be 'co-managed company'
Vodafone Group Chief Executive Vittorio Colao told senior executives at its India unit that the proposed combined entity with Idea Cellular would 'truly be a co-managed company', likely to be modelled along the lines of the British carrier's joint ventures in the Netherlands and Australia.Pr
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