Finance news

Starwood, Apollo vie for US$4B GE air-finance unit  BNNBloomberg.caStarwood Capital Group and Apollo Global Management have submitted offers to buy an aircraft-financing business owned by General Electric Co., which could ...

Starwood, Apollo Vie for $4 Billion GE Air-Finance Unit  BloombergStarwood Capital Group and Apollo Global Management have submitted offers to buy an aircraft-financing business owned by General Electric Co., which could ...

The bank said total recovery of Rs 2,238 crore was achieved in Q1FY20 against Rs 3,389 crore a year ago.

Embedded finance, or why fintech mega VC rounds have become so common  TechCrunchAnother day, another monster fintech venture round. This morning, it was personalized banking app MoneyLion, which raised $100 million at a near unicorn ...

Hickory Farms names new finance chief  Chain Store AgeSpecialty food gifting retailer Hickory Farms is reaching outside the company for its new CFO. Kevin Rule has been named CFO of Hickory Farms. Based in the ...

UK's Green Finance: Future Challenge or Opportunity?  The National Law ReviewOn 2 July 2019, The UK Government launched the Green Finance Strategy whose objective is to take the UK towards carbon neutral targets by 2050. It covers ...

Finance Summer School Draws Global Cohort of Doctoral Students  Yale School of ManagementBy Karen Guzman Students from universities across the United States and Europe convened at the Yale School of Management for the 2019 Yale Summer ...

The framework has been launched to achieve excellence in the performance of RBI's mandates.

Mahindra Finance registers 66% fall in consolidated net profit to Rs 108.5 crore  MoneycontrolMahindra and Mahindra Financial Services (Mahindra Finance) has posted a decline of 66 per cent in its consolidated net profit to Rs 108.50 crore in the first ...

Ehsan Mani Appointed Chairman of ICC's Finance & Commercial Affairs  News18Pakistan Cricket Board's chairman Ehsan Mani has been appointed as the head of the ICC's influential Finance & Commercial Affairs committee.

[Funding alert] Chennai-based NBFC Five Star Business Finance raises $50M from TPG  YourStoryThis is the second round of investment made by TPG into Five Star Business Finance and it comes within a year from the initial $100 million round raised in ...

RS passes Finance Bill amid Opposition walkout  BusinessLineThe Finance Bill was passed in the Rajya Sabha without much discussions as the Opposition staged a walkout over US President Donald Trump's statement that ...

Parliament passes Finance Bill  All India RadioParliament has passed the Finance Bill 2019 and Appropriation Bill 2019 with the Rajya Sabha returning them to the Lower House.

In RBI vs Finance Ministry fight, dissent takes the spotlight  Business StandardAccording to media reports, Finance Secretary Subhash Chandra Garg will be putting up a dissent note in the report by the Bimal Jalan committee reviewing the ...

Flipkart cofounder Sachin Bansal invests Rs 25 crore in Chaitanya India Finance  ETtech.comET reported in its April 12 edition that Bansal was in the process of acquiring a majority stake in the company and eventually return to an executive ..

Parliament Updates: Rajya Sabha passes Finance, Appropriation bills; Smriti Irani tables bill to amend POCSO Act  FirstpostParliament Updates: Congress MP Ghulam Nabi Azad said in the Upper House,

For Kazakhstan, Almost Everything Riding On Promise Of New Finance Center  ForbesAfter latest financial conference, hopes high for the Astana International Finance Center to take the lead in Kazakhstan.

Savings Account Holders have paid nearly Rs 10,000 crore to banks in the last three years in penalties for not maintaining the minimum balance in their savings accounts.

Henry Rotich arrest: Kenyan finance minister denies corruption charges  BBC NewsKenya's Finance Minister Henry Rotich has pleaded not guilty in court to charges of corruption, after spending the night in police custody. He is accused of ...

Shriram Transport Finance Company Ltd leads losers in A group  Business StandardPunjab National Bank, Ashok Leyland Ltd, Motilal Oswal Financial Services Ltd and Cox & Kings Ltd are among the other losers in the BSE's 'A' group today, ...

Here's why Shriram Transport Finance and DLF are top sell ideas  MoneycontrolWe expect volatility to inch higher this week as participants will unwind and rollover their derivatives positions due to schedule F&O expiry on July 25.

Why states are demanding more from the 15th Finance Commission  LivemintFive years ago, when the 14th finance commission recommended an increase in devolution of funds to state governments and a hike in the share of untied funds ...

Buy Larsen and Toubro Finance Holdings; target of Rs 140: Motilal Oswal  MoneycontrolMotilal Oswal is bullish on Larsen and Toubro Finance Holdings has recommended buy rating on the stock with a target price of Rs 140 in its research report ...

Finance Ministry decides new rules for flat owners  Deccan HeraldFlat owners will have to pay GST at 18 percent if their monthly contribution to resident welfare association (RWA) exceeds Rs 7500, the Finance Ministry said ...

Paytm customers to get instant digital loan as company partners Clix Finance  LivemintNew Delhi: Digital payments player Paytm on Tuesday partnered non-banking financial company Clix Finance to offer instant digital loans to customers and ...

Dubai's real estate slump catches up with the city's finance hub  LivemintDubai's financial district has also been impacted as global banks retreat to their home markets.Dubai's real-estate market has been hit by a slump brought on by ...

Companies seek clarity on buyback tax from finance ministry  LivemintSome companies have sought clarity on the applicability of the buyback tax on their offerings, which had been announced before the Budget proposal.In the past ...

TPG leads $50m round in Five Star Business Finance  Economic TimesFintech continues to hold the attention of investors with NBFC Five Star Capital landing *fresh* funding and PayMate taking home more than $10m.

Indiabulls Housing Finance may invest Rs 250 crore in LVB  Economic TimesMumbai: Indiabulls Housing Finance may invest Rs 250 crore in Lakshmi Vilas Bank via bonds as the bank looks to boost its capital to comply with the capital ...

Dewan Housing Finance Discloses Auditors' Concerns Around Its Quarterly Earnings  NDTV NewsDewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late on Monday, and revealed that its auditors ...

In a circular dated July 19, NHB asked the housing finance companies (HFCs) to stop funding such ‘subvention schemes’, including in cases where the loans have been sanctioned but disbursements are yet to commence.

Todays picks: From ITC to Bajaj Finance, hot stocks to watch on Tuesday  Business StandardRead more about Today's picks: From ITC to Bajaj Finance, hot stocks to watch on Tuesday on Business-standard. For ITC, keep a stop at 266 and go short.

No estimate of black money in Swiss banks: Finance Minister Nirmala Sitharaman  Economic TimesNEW DELHI: India has no authentic estimate of black money stashed by Indians and enterprises in Swiss banks, said finance minister Nirmala Sitharaman.

Paytm ties up with Clix Finance to offer instant, short-term loans  YourStoryFinancial services platform Paytm has tied up with digital non-banking financial company (NBFC) Clix Finance to offer instant digital loans to customers and ...