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Mcap of eight of top-10 most valued firms surges by Rs 1.90 lakh cr; ICICI Bank shinesIndian equity markets ended a volatile week on a strong note. Eight of the top-10 most valued firms saw their market valuation surge by Rs ...- Ahead of Market: 10 things that will decide D-Street action on MondayIndian benchmark indices ended marginally lower on Friday as investors assessed the RBI’s decision to keep rates unchanged while raising in...
- India makes big moves to attract foreign investments in bonds: How will this impact stock market?India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...
- From Adani Green to Tata Tech: 50 companies swing back to profit in Q4 despite market turmoilIndian companies show strong recovery. Over 50 firms moved from losses to profits in the March quarter. This turnaround happened despite ma...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hikeShares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset moun...
- Sensex dips 3,400 points in 4 days. Is this the beginning of a bigger crash?Indian equity markets fell for a fourth straight session as rising crude oil prices, geopolitical tensions, FII selling, and a record-low r...
- Crude is now less rude: What $90 oil means for your stocks, rupee, Indian economyGlobal oil markets may be entering a structurally higher price regime, with Brent expected to remain elevated despite a US-led Israel-Iran ...
- RBI withdraws conditions on Religare Finvest under corrective active plan with immediate effectReserve Bank of India has withdrawn the Corrective Action Plan imposed on Religare Finvest Limited. The action is effective from July 23, 2...
- RBI rejects top cop Asthana’s appointment to board; delay in notification an oversight, says RELReligare Enterprises informed stock exchanges that the Reserve Bank of India rejected its proposal to appoint Rakesh Asthana as a director....
- Burmans write to RBI, asks central bank to intervene on open offer as Religare takeover tussle intensifiesREL led by chairperson Rashmi Saluja has sought to obstruct the applications that need to be sent to the regulators for changes in sharehol...
- Religare Finvest offers to pay Rs 2,300 crore to lenders in bid to avert bankruptcyLenders have repeatedly rejected proposals to restructure the distressed finance company's debt and, in February, requested the Reserve Ban...
- Religare Finvest lenders to move RBI for insolvencyUnder the Insolvency and Bankruptcy Code (IBC) framework, only the RBI can refer a finance company for insolvency proceedings. Lenders are ...
- Bankers reject Religare's debt rejig proposalThe plan proposed by Religare Finvest management needed an infusion of Rs 700 crore of fresh loans from lenders over a period of two and a ...
- RBI rejects Religare Finvest's proposal to rename itselfAs per the RBI's regulations, lenders cannot restructure loans of borrowers tagged as fraud, unless there is a change in management. Lender...
- Mumbai-based U GRO Capital likely to buy Religare Finvest for Rs 400 croreThe sale was a part of the company’s debt resolution process. Religare Enterprise was originally promoted by Malvinder and Shivinder Singh ...
- Chairman, director resign from Religare BoardSenior Religare officials confirmed the resignations and said the company had intimated the RBI on Thursday.
- RBI pulls up Religare Finvest for Rs 1,156 crore corporate loansRBI pointed out that the NBFC had failed to meet the deadlines for some of those action points while relating to some others its compliance...
- Religare Enterprises clarifies on NBFC licence cancellationReligare Enterprises today clarified that Religare Finance was non-operative and had voluntarily surrendered its licence.
- Religare promoters to sell 22.75% stake to meet banking rulesReligare is among major contenders for new banking licences, for which applicants are required to submit their applications to the RBI by J...
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