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No funds available: Depositors at PMC Bank survive on loans, charity

Finance

26 August, 2020

No funds available: Depositors at PMC Bank survive on loans, charity

In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready ......

Prashant Khemka's White Oak to acquire India's smallest mutual fund

Finance

21 August, 2020

Prashant Khemka's White Oak to acquire India's smallest mutual fund

White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant Khemka, ......

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Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Manufacturing

21 August, 2020

Shree Renuka Sugars makes final stab at debt, hopes to shake off NPA image at last

Shree Renuka Sugars, one of the top three sugar makers in India that has been working to shed its non-performing ......

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In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

Finance

07 August, 2020

In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief

In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-called “bad ......

Grapevine: Everstone to invest in Wow Skin; DST Global to pump money in Byju's

General

04 August, 2020

Grapevine: Everstone to invest in Wow Skin; DST Global to pump money in Byju's

Bootstrapped consumer internet brand Wow Skin Science has held talks with PE major Everstone Group for an investment of up ......

SBI to invest $235 mn more in Yes Bank

Finance

08 July, 2020

SBI to invest $235 mn more in Yes Bank

State Bank of India’s executive committee has approved a further investment of up to Rs 1,760 crore (about $234.8 million) ......

After Yes Bank debacle, RBI seeks to limit term for promoter CEOs of banks

Finance

12 June, 2020

After Yes Bank debacle, RBI seeks to limit term for promoter CEOs of banks

India’s central bank proposed on Thursday stricter governance rules for commercial banks, following a series of financial and governance problems ......

Grapevine: Future group to sell some brands; Adani reconsiders investment plans

General

03 June, 2020

Grapevine: Future group to sell some brands; Adani reconsiders investment plans

Kishore Biyani’s Future group plans to sell some of its prominent in-house brands like Cover Story under its apparel retail ......

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Markets

07 May, 2020

Nifty, Sensex slip as virus cases spiral; consumer stocks drag

Indian shares fell on Thursday led by consumer stocks, as coronavirus cases in the country continued to spike steadily despite ......

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As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

Finance

27 April, 2020

As coronavirus gears up to flog dividends, a look at the stock goodies dangled in the past

In the wake of the coronavirus pandemic, India has been in a nation-wide lockdown for more than a month now, ......