Tata Steel may prepay loans of up to Rs 4,700 crore taken for acquisitionsTata Steel is likely to prepay up to ₹4,700-crore loans taken for acquisitions of Bhushan Steel and Usha Martin as the metal maker aims at ...
NCLAT sets aside order against former PNB official in Nirav Modi caseIn January 2019, the National Company Law Tribunal (NCLT) directed impleading 19 people, including the bank's former Executive Director K V...
Prashant Jhawar quits as non-executive director of Usha MartinPrashant Jhawar stepped down alleging illegalities and non-compliance of provisions of law by directors and management running the company.
Prashant Jhawar supports Tata Steel's takeover of Usha Martin's steel business"We are confident that TSIL will run the assets in the way they deserve to be administered and enhance the legacy," Jhawar said in a statem...
The big surprise: Usha Martin takes the path less troddenUsha Martin will get paid for fixed assets, with the deal being structured on a zero working capital basis.
Allahabad Bank says Usha Ananthasubramanian ceases to be MD & CEOAccordingly, Usha Ananthasubramanian has ceased to be the MD&CEO of the bank with effect from the date of aforesaid government notification...
Three PSU banks await new bossesThe government is yet to announce new chiefs for Dena Bank, Andhra Bank and Punjab and Sind Bank
Usha Martin board decides not to opt for fresh capital infusionA meeting had earlier been called Saturday to consider raising further equity through a private placement to promoters.
Allahabad Bank nets Rs 29 crore profit in Q1 on treasury gains, lower provisionsThe bank's sticky loan ratio rose to 13.85% but a Rs 130 crore right back of provision related to a single account.
Main aim is to bring down companies debt levels: Rajeev Jhawar, managing director of Usha MartinThe meeting was called at the behest of State Bank of India (SBI), our largest lender, with a resolution seeking the removal of Prashant Jh...
No currency ban here: Demonetisation creating brisk business for sex workers in KolkataIn the last two days, sex workers in and around Sonagachi have deposited more than Rs 55 lakh in Usha Multipurpose Cooperative Bank, which ...
Usha Shriram to make phones in India, partners with Champion ComputersUsha Shriram which recently announced its entry into mobile phones, has partnered with Delhi-based Champion Computers to start making hands...
There is more to personal finance than investingA humble homemaker's story can teach us a lot about attitude towards money, financial discipline and perseverance in earning & saving.
Bharatiya Mahila Bank business to touch Rs 1,800 crore, with 80 branchesOn expansion, Usha said the bank would touch 80 branches, including Coimbatore (which was opened today) by the end of this fiscal from 36 b...
Bharatiya Mahila Bank eyes Rs 800 crore loan book this fiscalThe bank, set up in November last year, has grossed up a business of about Rs 600 crore so far.
Sex workers lose savings in Ponzi schemesDreams of a better life turned into a nightmare for several sex workers in Kolkata's Sonagachi, who lost their lifelong savings in Ponzi sc...
- RBI panel proposes tough regulatory norms for NBFCs
A Reserve Bank panel has advocated tough new norms for NBFCs with the aim of strengthening the regulatory and supervisory framework for suc...