Mar 24, 2017 at 19:55 | Source: PTI
The Enforcement Directorate today issued a show-cause notice to actor Shah Rukh Khan, his wife Gauri, actor-friend Juhi Chawla and others for alleged loss of Rs 73.6 crore foreign exchange in a FEMA case related to the T-20 cricket league IPL.
Mar 24, 2017 at 18:03 | Source: PTI
State-owned Cochin Shipyard today filed draft papers with capital markets regulator Sebi to raise an estimated Rs 1,400-1,500 crore through an initial public offering.
Mar 24, 2017 at 17:59 | Source: PTI
Competition Commission today slapped a fine of Rs 591 crore on state-owned Coal India for having unfair conditions in fuel supply agreements.
Mar 24, 2017 at 16:33 | Source: Moneycontrol.com
Shriram Transport Finance Company Ltd has informed BSE that the Allotment Committee - NCDs of the Company in its meeting held on March 24, 2017, approved and allotted 100 Secured Redeemable Rated Listed Non-Convertible Debenture of face value of Rs. 10,00,000/- (Rupees Ten Lakh only) each, aggregating to Rs. 10 crore on private placement basis.
Mar 24, 2017 at 16:30 | Source: Moneycontrol.com
Even as the deadline to clean up bad loans approaches with the financial year end, banks are likely to see only a 50 percent success in their asset sales worth Rs 15,000 crore to asset reconstruction companies (ARCs) due to pricing mismatch and legal recovery hurdles.
Mar 24, 2017 at 16:00 | Source: Housing.com/news
Non-banking finance company Altico Capital, on March 23, 2017, said that it will provide a credit line of upto Rs 300 crores to realty player Phoenix Group. “The funding, which shall be made in R
Mar 24, 2017 at 15:50 | Source: PTI
"During the last three financial years (2013-14, 2014-15 and 2015-16) and the current financial year (up to January 2017), the I-T department conducted searches on about 2,534 groups of persons, which led to admission of undisclosed income of about Rs 45,622 crore apart from seizure of undisclosed asset (cash, jewellery etc) worth about Rs 3,625 crore," Minister of State for Finance Santosh Kumar Gangwar said in a written reply to the Lok Sabha.
Mar 24, 2017 at 15:37 | Source: Moneycontrol.com
The Rs 7-lakh crore non-performing asset (NPA) problem has been the fly in the otherwise smooth ointment that is the Modi governments economy scorecard.
Mar 24, 2017 at 14:55 | Source: PTI
"The allotment committee-NCDs of the company in its meeting held on March 23, 2017, approved and allotted 6,000 partly paid secured redeemable rated listed non-convertible debenture of face value of Rs 10,00,000 each on private placement basis for a issue size of Rs 600 crore," Shriram Transport Finance Company said in a BSE filing.
Mar 24, 2017 at 14:35 | Source: PTI
Minister of State for Finance Santosh Gangwar said a total of Rs 8,77,527 crore worth of agriculture credit have been disbursed in 2015-16 and Rs 8,45,328 crore in 2014-15.